Ethereum jumped back above $260 and $270 against the US Dollar. ETH price is now consolidating above $275 and it could soon surpass the $288 resistance area.Ethereum is back in a positive zone, with a strong bullish bias above $275 against the US Dollar.The price is likely to accelerate gains towards the $300 level in…
Just minutes ago as of the time of this article’s writing, Bitcoin exploded past $10,000 after a nearly-10% correction that brought the asset to $9,500.The cryptocurrency has yet to register a multi-hour or daily candle close above this level, though analysts say this latest break of the psychological $10,000 resistance is a likely precursor to…
Bitcoin declined to a new weekly low at $9,483 before recovering against the US Dollar. BTC is back above $9,700, but it is still trading below a few key hurdles ($9,950 and $10,000).Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar.There are positive signs on the chart, but…
Ripple found support near $0.2680 and recovered slightly against the US Dollar. XRP price could continue to rise, but the bears are likely to protect the $0.3100 resistance area.Ripple price is slowly correcting higher from the $0.2677 swing low against the US dollar.The price is back above the $0.2800 area, but it lacks bullish momentum.Yesterday’s…
Ethereum remained well bid above the $240 support area against the US Dollar. ETH price started a fresh increase and it could soon revisit the $288-$289 resistance zone.Ethereum is recovering losses and it recently climbed above the $265 resistance against the US Dollar.The price is gaining pace and it could rise further above $270 and…
On Monday, for the third or fourth day in a row, the price of Bitcoin continued to correct lower. The cryptocurrency, at its worst on Monday, fell to $9,500 — just under 10% under the $10,500 peak seen the prior week.Despite the strong retracement, there have been a number of cryptocurrency investors and traders suggesting…
Bitcoin was rejected near the $10,500 area against the US Dollar. BTC could extend its decline as Ethereum and ripple are down more than 10%.Bitcoin price is under pressure below the $10,000 support area against the US Dollar.The bears seem to be in control as the price even failed to stay above $9,800.There is a…
Ripple declined heavily from well above $0.3200 against the US Dollar. XRP price even dived below $0.3000 and it could continue to move down in the near term.Ripple price fell sharply after the bears were able to clear the $0.3000 support against the US dollar.The price traded as low as $0.2677 and it is currently…
Ethereum started a sharp decline below the $265 and $260 support levels against the US Dollar. ETH even tumbled below $250 and it is currently correcting losses.Ethereum is down more than 8% and it even spiked below the $250 support against the US Dollar.The price traded as low as $236 and it is currently recovering…
The CME bitcoin futures market just opened, and it could be the catalyst that leads the recovery of BTC back to the $10,000s.Throughout the weekend, the bitcoin price dropped from $10,500 to as low as $9,650, liquidating a significant amount of long contracts.Why CME open can lead bitcoin recoveryOn active days, the CME bitcoin futures…