Ethereum is extended its decline below the $200 support area against the US Dollar. ETH price traded as low as $188 and it is currently correcting higher towards $205 and $208.Ethereum is currently recovering losses from the $188 monthly low against the US Dollar.The price is likely to face a lot of hurdles on the…
Bitcoin is down close to 10% and it broke the key $8,000 support against the US Dollar. BTC price is now vulnerable, but the $7,500 support area could spark a decent recovery in the near term.Bitcoin is declining heavily below the $8,200 and $8,000 support levels against the US Dollar.The price broke many key supports,…
Ripple is down more than 10% and it tagged the $0.2000 support against the US Dollar. XRP price is currently correcting higher, but upsides are likely to remain capped near $0.2150.Ripple price is showing a lot of bearish signs below the $0.2200 and $0.2150 levels against the US dollar.The price tested the $0.2000 support area…
Ethereum is down close to 15% and it broke the key $215 support against the US Dollar. ETH price remains at a risk of more losses below the $200 and $195 support levels.Ethereum is trading in a nasty downtrend below the $220 support area against the US Dollar.The price even spiked below the $200 handle…
The crypto market hasn’t fared too well over the past day or two. After peaking at $9,200 in a dramatic fashion, Bitcoin retraced under $8,200 on Sunday, catching many traders off guard, as they were expecting the leading cryptocurrency to continue higher.Though, a prominent analyst, Jacob Canfield, recently shed light on three crucial catalysts which…
Bitcoin failed to continue above the $9,200 resistance and it is down more than 4% against the US Dollar. BTC is now trading in a bearish zone and it could slide further below $8,700.After forming a short term top near $9,211, bitcoin price declined sharply below $8,880.The price is now trading well below $9,000 and…
Ethereum failed to continue higher above the $252 resistance and declined against the US Dollar, similar to bitcoin. However, ETH price is now trading near a key uptrend support.ETH price is down 5% and it is now trading below the $235 level against the US Dollar.The price struggled to gain strength above $250 and declined…
Over the past few days, Bitcoin has started to trend higher; since hitting $8,400 last weekend, the price of the leading cryptocurrency rallied as high as $9,250 on Saturday morning.Although there are many optimists saying that this price action is a precursor to even greater gains — Bloomberg suggested that BTC could soon hit $10,600…
Despite the slight recovery seen over the past few days, analysts still fear that Bitcoin is on a trajectory that will see its price correct even further than it already has. In fact,Related Reading: Crypto Tidbits: India Makes Watershed Ruling On Bitcoin, Elon Musk Bumps Dogecoin, Ethereum Founder Supports Twitter CEOSome, however, aren’t so concerned.…
If you’ve been following the Bitcoin market over the past 30 minutes, you’ve likely noticed the odd bout of price action depicted below — Bitcoin spiked 1% in a few minutes to only crash by 3% in three minutes, then continue lower and lower as if there was no support under BTC.As many on Twitter…