The total crypto market cap rebounded recently and revisited the $129.0B resistance area. Litecoin (LTC) price gained nearly 5% and it seems like it could test $58 or $60. Bitcoin cash price is trading sideways below the $130 resistance level. Tron (TRX) corrected above the $0.0220 level, but it could face a strong hurdle near…
After being a bitcoin skeptic for almost a year, Marc Faber is willing to give the digital asset a try. In an interview with Cash, the legendary investor and stock market expert said that he bought his first bitcoins in late February. He admitted that he wanted to learn more about how digital currency works,…
Bitcoin price failed to hold the key $3,860 support and traded lower against the US Dollar. The price even broke the $3,840 support and settled well below the 100 hourly simple moving average. There was a break below a crucial ascending channel with support at $3,830 on the hourly chart of the BTC/USD pair (data…
The total crypto market cap declined recently and broke the key $128.0B support level. EOS price is down more than 6% and it broke the $3.75 and $3.60 support levels. Bitcoin cash price traded below the $130 support and it is currently under pressure near $128. Tron (TRX) price is down more than 4% and…
Ripple price failed to recover and extended losses below the $0.3100 support against the US dollar. The price settled below the $0.3100 support and the 100 hourly simple moving average. Yesterday’s major contracting triangle was breached with support at $0.3095 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could…
ETH price extended declines and traded below the $131 and $130 support levels against the US Dollar. The price is back above the $130 level, but it remains below the key $134 resistance. Yesterday’s key bearish trend line is intact with resistance at $134 on the hourly chart of ETH/USD (data feed via Kraken). The…
Taking long positions in Bitcoin should be comfortable for traders, according to Naeem Aslam. The former equity trader with the Bank of America said Thursday that he would purchase bitcoin if the crypto-asset compliments a crucial technical indicator. Dubbed as Moving Average, it allows traders to calculate an average asset value for a given period…
Bitcoin price slowly moved higher and dips remained supported above $3,800 against the US Dollar. The price fell significantly recently, but buyers protected the $3,800 support area. There is a crucial ascending channel is in place with support at $3,830 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair remains…
ETH price continues to face a strong resistance just below the $140 level against the US Dollar. The price dipped sharply recently, but it recovered above the $134 support level. There is a key bullish trend line forming with support at $132 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains…
Ripple price failed to surpass the $0.3200 resistance and started a downward move against the US dollar. The price traded below the $0.3140 support and it is now approaching the key $0.3080 support. There is a new declining channel formed with resistance at $0.3125 on the hourly chart of the XRP/USD pair (data source from…