The total crypto market cap failed to stay above the $110.00B support and declined sharply. Litecoin (LTC) price is consolidating losses above the $30.00 support level. Bitcoin cash price corrected lower and it could test the $110 support level. Tron (TRX) declined more than 5% and it broke the $0.0260 support area. Stellar (XLM) price…
Ripple price faced a strong resistance near the $0.3330 level and declined sharply against the US dollar. There is a major bullish trend line in place with support at $0.2920 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could either climb back above the $0.3050 resistance or extend the…
ETH price failed to hold gains above the $105 level and declined sharply against the US Dollar. There was a break below a major bullish trend line with support at $105 on the hourly chart of ETH/USD (data feed via Kraken). The pair might correct higher in the short term, but the $106 and $107…
Bitcoin price started a short term rebound and broke the $3,400 resistance level against the US Dollar. This week’s followed major bearish trend line was breached with resistance at $3,440 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is now approaching a few important resistances, including $3,475, $3,500 and…
The total crypto market cap rebounded nicely and tested the $114.00B resistance level. Bitcoin cash is up more than 7% and it broke the $115 and $116 resistance levels. EOS price is gaining momentum and it could test the $2.40 resistance level. Stellar (XLM) is correcting higher, with resistances near the $0.0900 and $0.0940 levels.…
Bitcoin price traded to a new monthly low towards $3,340 and later recovered against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $3,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price may start a short term rebound if there is a proper break…
Ripple price remained below the $0.2900 and $0.2950 resistance levels against the US dollar. There are two bearish trend lines in place with resistance near $0.2900 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses as long as it is trading below the$0.2900…
Stablecoin Tether (Ticker: USDT) has replaced EOS to become the fourth largest cryptocurrency by market capitalization, showing weakness in crypto markets. The inclination follows the cryptocurrency market’s depressive performance this Monday. Over the last 24 hours, the price of all the top coins, including Bitcoin, Ripple, Ethereum, and others, trended in a negative region. Similarly,…
Bitcoin price failed to stay above the $3,520 and $3,480 support levels against the US Dollar. There is a strong resistance formed near $3,500 and a bearish trend line on the hourly chart of the BTC/USD pair (data feed from Kraken). The price tested the $3,400 support and it remains at a risk of more…
The total crypto market cap declined sharply and broke the $115.00B and $112.00B supports. EOS price declined below the $2.50 and $2.40 support levels. Bitcoin cash price is down more than 7% and it seems like it could test the $112.00 support. Tron (TRX) price declined heavily and it is currently trading near the $0.0270…