After implementation of their version of “Segwit”, Monero transaction fees are near zero. Because of that, Bittrex and Binance have responded by slashing withdrawal fees to a mere $0.01. This is bullish and coincidentally it happens at a time when Litecoin plans to execute core 0.17 promising to drive down network fees by a factor…
Key Points Bitcoin price failed to move above the $6,400-6,410 resistance area against the US Dollar. There is a key bearish trend line in place with resistance at $6,405 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently trading below the $6,410 resistance and the 100 hourly simple…
Key Highlights ADA price failed to move above the $0.0770 and $0.0800 resistance levels against the US Dollar (tethered). There is a crucial bearish trend line in place with resistance at $0.0755 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently at a risk of a downside break…
Key Highlights ETH price failed to move above the $203 resistance and declined recently against the US Dollar. There is a new bearish trend line formed with resistance at $201 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains supported on the downside near the $196 and $197 levels. Ethereum price…
Bitcoin Price Key Highlights Bitcoin price recently tumbled below a short-term rising trend line but might be due for a pullback. Applying the Fib retracement tool on the latest swing high and low shows the levels where more sellers might be waiting. However, technical indicators are giving mixed signals on whether the slide could resume…
Key Highlights Ripple price started a downside correction after trading towards the $0.4740 level against the US dollar. There is a short term declining channel in place with resistance at $0.4540 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to find a decent support near the $0.4460…
Key Points Bitcoin price declined towards the $6,350 support and later recovered sharply against the US Dollar. There was a break above two bearish trend lines formed with resistance at $6,410 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price tagged the $6,450-60 resistance and it is currently correcting lower.…
Key Highlights Ripple price is struggling to clear the $0.4540 and $0.4550 resistance levels against the US dollar. There is a major bearish trend line in place with resistance at $0.4540 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must clear the $0.4540, $0.4550 and $0.4610 resistance levels to…
EOS Price Key Highlights EOS has moved to the very end of its triangle pattern, which means that a breakout is bound to happen. Technical indicators are giving mixed signals on the direction of a breakout. Whichever way price decides to go, EOS might be in for a trend that’s roughly the same height as…
Key Points Bitcoin price failed to move above the $6,450 and $6,460 resistance levels against the US Dollar. There is a key connecting bullish trend line in place with support at $6,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price must clear the $6,450 and $6,460 resistance levels to…