Bitcoin gained more than 2.5% and broke the main $9,300 resistance against the US Dollar. BTC is currently consolidating gains and it is likely setting up for more upsides towards $9,550. Bitcoin gained bullish momentum above the $9,200 and $9,300 resistance levels. The price is currently consolidating above $9,300 and it is well above the…
Bitcoin expects to hold its long-term bullish bias as long as it trading above $8,800, according to market analyst Mohit Sorout. Bitazu Capital’s founding partner based his analogy on three bullish technical indicators, each signifying a favorable buying sentiment in the cryptocurrency market. A modest rally in the Bitcoin market on Tuesday promised to improve…
Ethereum gained bullish momentum above the $240 resistance against the US Dollar. ETH price is currently correcting gains, but it is likely to resume its upside above $245. Ethereum settled above the $235 resistance and it climbed above the $242 resistance. The price traded as high as $247 and it is currently correcting lower. There…
The ongoing rise in the stock market is unprecedented, and in many ways seems familiar to bubbles seen in years past – including Bitcoin and the crypto market’s meteoric rise in late-2017.This is causing many investors to grow fearful about the market’s future and has caused some notable investors – like Paul Tudor Jones –…
Bitcoin broke out of a narrow technical range to close above $9,300 this Tuesday.The jump appeared after the European Union leaders confirmed a €1.8 trillion ($2.06 trillion) stimulus package.The cryptocurrency now eyes bullish continuation beyond $9,400, a resistance level it failed to break twice in the last three weeks.Bitcoin jumped on Tuesday as European Union…
Ethereum’s Ether is recovering and trading above the $235 resistance against the US Dollar. ETH seems to be preparing for a crucial upside break above $238 and $240.Ether is recovering from the $232 support and trading above $235.The price is now approaching the main $238 and $240 resistance levels.There is a major bearish trend line…
Bitcoin cash price declined and retested the $220 support zone against the US Dollar. BCH is now consolidating and facing many hurdles near $226 and $230.Bitcoin cash price tested the $220 support level and it is consolidating losses against the US Dollar.The price is currently facing a strong resistance near the $230 and $231 levels.There…
Bitcoin is trading above the $9,150 support against the US Dollar. BTC seems to be preparing for a major increase if it succeeds in clearing the $9,200 resistance zone.Bitcoin is still struggling to settle above the $9,200 and $9,220 resistance levels.The price is currently trading above the $9,150 support and the 100 hourly simple moving…
The Ethereum-based peer-to-peer lending platform Aave has been in the spotlight of the cryptocurrency market after the 1,500% price increase it has enjoyed throughout the year. In July alone, LEND skyrocketed nearly 185% to reach a new yearly high of $0.38. This price level is just a few cents below its all-time high of $0.394…
Stellar (XLM) has seen some strong momentum throughout the past few weeks, but this is starting to show some signs of faltering as its buyers fail to surmount a crucial resistance region that it has tested multiple times.Its current signs of weakness may not be emblematic of its near-term outlook, however, as one analyst is…