One of the regular financial analysts on CNBC’s “Future’s Now” segment has argued that the sharp drop in the Bitcoin (BTC) price over the last 24 hours is healthy for the market. Jim Iuorio is hoping to see prices bounce above the $10,000 mark. If Bitcoin is able to find support above the psychologically-relevant price…
The pool of government debt with negative yields pushed past the $13 trillion-level last week, after the dovish outlooks in both the US and Europe intensified concerns over the health of the economy. Around the same time, a market that is entirely independent of the impacts the central banks’ policies netted approx a 275 percent…
The total crypto market cap surged towards $380.0B before correcting towards the $325.0B support. Bitcoin price rallied towards the $14,000 level before it corrected sharply towards the $12,000 support. Binance coin (BNB) price corrected lower and tested the key $35.00 support area. Litecoin (LTC) price is holding the main $130.00 support area. Bitcoin cash price…
Ripple price failed to climb above the key $0.4950 resistance level and declined against the US dollar. The price broke the $0.4700 support and it is currently struggling to hold the $0.4500 support. There was a break below a major bullish trend line with support at $0.4690 on the hourly chart of the XRP/USD pair…
ETH price surged higher and broke the $340 and $350 resistances against the US Dollar. The price traded to a new 2019 high at $363 before it started a major downside correction. Yesterday’s highlighted major bullish trend line prevented losses with support near $320 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin…
There was a sharp increase in bitcoin price above the $11,800 and $12,000 resistances against the US Dollar. The price surged above $12,200 and even traded to a new 2019 high near $12,500. There are two key bullish trend lines forming with support near $12,000 and $11,450 on the hourly chart of the BTC/USD pair…
The bitcoin market capitalization on Tuesday skyrocketed above $200 billion for the first time since January 2018. The price of the world’s first and foremost cryptocurrency surged from $4,092 to as high as $11,470 in just less than three months. Earlier before, bitcoin has dipped as low as $3,404 during the first quarter of 2019,…
There was a fresh increase in bitcoin and it broke the $11,250 resistance against the US Dollar. The price traded to a new 2019 high and it is likely to accelerate above the $11,500 resistance. There was a break above an ascending channel with resistance near $11,250 on the hourly chart of the BTC/USD pair…
The total crypto market cap is currently holding the $300.0B and $310.0B support levels. Bitcoin price is up more than 4% and it is trading nicely above the $11,000 resistance level. BCH price is gaining momentum towards the $490 and $500 resistance levels. EOS price is currently above the $7.200 level and it may soon…
ETH price climbed sharply above $300, but it struggled to clear the $315-320 resistance against the US Dollar. The price corrected lower, declined below the $300 level, and found support near the $295 level. There was a break below a major bullish trend line with support near $310 on the hourly chart of ETH/USD (data…