Bitcoin is showing a few bearish signs below the $7,400 resistance area against the US Dollar. BTC price is currently declining and it could extend its weakness towards $7,100 or $6,800.Bitcoin is struggling to clear the $7,400 and $7,500 resistance levels against the US Dollar.The bears are slowly taking control and they are likely aiming…
Ripple is struggling to clear the $0.2025 and $0.2050 resistance levels against the US Dollar. XRP price is currently correcting lower and it could extend its decline towards $0.1920 or $0.1880.Ripple price is showing a few bearish signs below the $0.2025 resistance against the US dollar.It seems like the bulls are struggling to clear the…
Ethereum is consolidating gains above the $170 and $165 support levels against the US Dollar. ETH price is likely setting up for another leg higher over the $175 resistance area.Ethereum is showing a few positive signs above the $170 support level.The price could gain bullish momentum once it clears the $175 resistance area.There is a…
Bitcoin started a downside correction from the $7,447 monthly high against the US Dollar. BTC price tested the key $7,000-$7,100 demand zone and recently revered losses.Bitcoin failed to extend gains above $7,500 and corrected lower against the US Dollar.The bulls protected the $7,000 support area, resulting in a fresh increase.There is a major bullish trend…
Ripple started a downside correction from the $0.2050 resistance against the US Dollar. XRP price tested the $0.1900 support area and it is currently rising towards $0.2000.Ripple price is trading nicely above the $0.1880 and $0.1900 support levels against the US dollar.A successful daily close above the $0.2000 barrier could start a larger rally.There is…
Ethereum is currently correcting lower from the $176 monthly high against the US Dollar. ETH price remains well supported on the downside near the $162 and $158 levels.Ethereum is correcting lower and trading below the $170 level against the US Dollar, similar to bitcoin.The price is holding the main $162 and $158 support levels.There is…
Bitcoin is up close to 5% and it broke the $7,000 resistance area against the US Dollar. It seems like BTC bulls are now aiming a test of $8,000 or the 100-day simple moving average.Bitcoin is gaining traction and it recently surpassed the $7,000 barrier against the US Dollar.The price is up more than 80%…
Ripple is up close to 10% and it broke the $0.2000 resistance against the US Dollar. However, XRP price struggled to gain strength above $0.2025 and it is currently correcting gains.Ripple price is showing a lot of positive signs and it rallied above the $0.1880 resistance against the US dollar.There was a sharp rally above…
Ethereum surged close to 20% and climbed above the $170 resistance against the US Dollar. However, ETH price is struggling to gain momentum above the 100-day simple moving average.Ethereum is up close to 20% and it broke the $155 and $165 resistance levels against the US Dollar.The price even tested the $175 resistance and the…
The US stocks benchmark S&P 500 could fall by as much as 40 percent as the Coronavirus pandemic spreads further, according to Scott Minerd of Guggenheim Investments. If the chief investment officer is correct, then crypto tokens like bitcoin could also plunge massively heading further into this year.An Uncanny CorrelationThe global crypto market lately fell and recovered…