Bitcoin price failed to surpass the $4,000 resistance level and declined against the US Dollar. The price declined sharply and broke the key $3,940 support area to enter a bearish zone. Yesterday’s highlighted major bearish trend line is intact with resistance at $3,950 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
The total crypto market cap failed to move above the $134.0B resistance and declined heavily. Litecoin (LTC) price moved down and broke the $62 and $60 support levels. Bitcoin cash price is down more than 4% and it recently broke the $160 support level. Tron (TRX) price declined recently, but it is still above the…
Ripple price remained in a bearish zone and declined below the key $0.3060 support against the US dollar. Bears remain in action as they managed to push the price below the $0.3000 support. Yesterday’s highlighted important bearish trend line is intact with resistance at $0.3035 on the hourly chart of the XRP/USD pair (data source…
ETH price failed to climb above the $137 resistance and declined later against the US Dollar. The price declined heavily and broke the $134 and $132 support levels. Yesterday’s highlighted key bearish trend line is active with resistance at $135 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently correcting…
It takes an average of $7 million every day to secure the Bitcoin blockchain network, according to Messari. The cryptocurrency data portal published a new screener this Monday which outlined the revenues paid to miners for top proof-of-work coins. The Screener based its figures on new issuance and transaction fees, eventually finding that Bitcoin produced…
Bitcoin price is currently consolidating above the $3,940 support area against the US Dollar. The price is likely to grind higher above $4,000 as long as it is above the $3,940 support. There is a key bearish trend line is forming with resistance at $3,980 on the hourly chart of the BTC/USD pair (data feed…
The total crypto market cap seems to be facing a couple of important resistance levels. EOS price is slowly moving higher from the $3.62 support area, with a positive angle. Binance Coin (BNB) surged more than 10% and broke the $16.50 resistance. Bitcoin cash price is currently consolidating above the $165 support level. Tron (TRX)…
Ripple price recovered recently, but it failed to break the $0.3120 resistance against the US dollar. The price is slowly declining and it is currently trading well below the $0.3100 level. There is a crucial bearish trend line formed with resistance at $0.3065 on the hourly chart of the XRP/USD pair (data source from Kraken).…
Bitcoin price traded to a new monthly high at $4,064 and later corrected lower against the US Dollar. The price declined sharply below $3,950, but dips remained supported above $3,900. There is a crucial bullish trend line formed with support at $3,920 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The…
ETH price declined recently, but it found a strong support above $132 against the US Dollar. The price recovered and it is now facing a solid resistance near the $137-138 zone. There is a major breakout pattern formed with resistance at $138 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is…