Ripple rallied around 5% and it broke the key $0.1920 resistance against the US Dollar. XRP price is now testing the $0.2000 resistance, which holds the key for a larger upward move.Ripple price is trading with a strong bullish bias above the $0.1900 level against the US dollar.The price is up close to 5% and…
Dogecoin rallied this week from the $0.0022 support area and gained over 100% against the US Dollar. DOGE is currently facing a strong resistance near $0.0500 on the weekly chart.Dogecoin price gained heavily in the past few sessions and rallied more than 100% against the US dollar.The price spiked above the $0.0500 resistance, but it…
Bitcoin traded as high as $9,377 before starting a downside correction against the US Dollar. BTC is currently up holding the $9,200 support and it could continue to rise steadily.Bitcoin is trading in a positive zone above the $9,200 and $9,180 support levels.The price is likely to resume its upward move above the $9,300 and…
Bitcoin futures have seen a rising premium over spot BTC in recent months, which seems to indicate that traders are bullish on the benchmark cryptocurrency.This premium is particularly clear while looking towards the CME – which seems to indicate that professional traders and institutions are particularly bullish on BTC at the present moment.This comes as…
Switching Bitcoin price charts from one type to another gives a clear as day look at what appears to be a full-blown breakout into a bull market.Better yet, the price action also shows a retest of downtrend resistance turned support, which could act as a launchpad for the cryptocurrency.Understanding Technical Analysis, Trend Lines, Subjectivity, and…
Although Bitcoin still can’t break above $10,000, nor can Ethereum overtake $250, Chainlink continues to set new record high after high. Even today, the crypto asset keeps raising the stakes on its all-time high.But as new highs are set, the price action has not only triggered but perfected a sell setup on monthly timeframes. Could…
It’s no secret that XRP has been one of the worst-performing major altcoins within the crypto market.It has faced intense losses in recent months and years, with its investor base being unable to catalyze any significant rebound.This has caused it to lag behind all its peers, significantly underperforming both Bitcoin and nearly all other major…
Ethereum rallied recently above the $235 resistance region against the US Dollar. ETH is currently correcting gains, but the $230 support might act as a strong buy zone.Ethereum is trading in a positive zone above the $230 and $232 levels.The price rallied above the $240 level and it is currently correcting gains from $244.There was…
Ethereum has flashed some significant signs of strength after posting an intense recovery yesterday.The cryptocurrency is now back within the boundaries of its multi-month trading range, and buyers appear to be attempting to establish its recent lows as a long-term bottom.Overnight, sellers pushed it as low as $222 – just a hair above its crucial…
The Chinese stock market has found itself caught within the throes of a fresh bull market, and it could create a tailwind that lifts Bitcoin.After facing the dire implications of the ongoing pandemic that originated within China’s borders, the country’s investors appear to be moving on, now helping to fuel a fresh bull market.The country’s…