ETH price declined heavily below the key $200 and $190 support levels against the US Dollar. The price is currently consolidating losses after trading as low as $174. There is a crucial bearish trend line forming with resistance near $195 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could start a…
Bitcoin breaking through resistance at $10,000 was a pivotal moment for the cryptocurrency. At the same time, it also breached a long-term downtrend line and top of a symmetrical triangle formation dating back from all-time high. All signs point to the new uptrend beginning. Halving-based cycle theories point to a new peak by the end…
Bitcoin has finally seen some strength after days upon days of consolidating in the low-$9,000s.As reported by NewsBTC, the cryptocurrency saw a sudden breakout on Monday. BTC reached a local high of $9,800, the highest price in one and a half weeks.BTC’s strength was seemingly related to that of the Nasdaq. The leading equities index…
Key Points Bitcoin price failed to break the $6,800 resistance recently and declined against the US Dollar. There is a major bullish trend line in place with support at $6,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $6,400 and $6,380 support levels to remain…
Bitcoin price declined sharply after it broke the key $5,400 and $5,380 supports against the US Dollar. The price even broke the $5,000 support level and tested the $4,900 support area. There was a break below a major bullish trend line with support at $5,410 on the hourly chart of the BTC/USD pair (data feed…
Ripple prices in range mode above 30 cents Coil, InterLedger Protocol and Puma browser to integrate At third, Ripple (XRP) is underperforming and back to a trade-range with caps at 34 cents. Regardless, there has been a lot of integration news which is yet to be factored, meaning the coin is undervalued and would likely…
Bitcoin hasn’t fared too well over the past few days, tumbling as low as $9,500 on Monday as sellers have started to liquidate their stacks en-masse. This meant that at the current correction’s worst, BTC was down just around 10% from the local $10,550 high that was set last week.While this plunge seemingly marks a…
Ripple blockchain’s native token XRP is up more than 25 percent so far into 2020. Nevertheless, the fourth-largest cryptocurrency is still looking to pare those gains, according to a string of bearish indicators brought forward by a TradingView.com analyst. The US-based chartist pitted XRP/USD against three technically bearish setups. They included a long-term Moving Average…
Key Highlights Ripple price rallied recently and broke the $0.3000 and $0.3200 resistances against the US dollar. Yesterday’s highlighted key bearish trend line was breached with resistance at $0.2850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair traded above the $0.3300 resistance and it may continue to move higher…
As Bitcoin has flatlined in the past 24 hours, XRP has exploded. Per data from CoinMarketCap, the third-largest digital asset by market capitalization is up 10% in the past 24 hours, rallying from $0.25 to just shy of $0.28 as of the time of writing this.The cryptocurrency just last hour briefly moved above the $0.28…