Bitcoin Cash (BCH) registered a mind-bending price rally on Wednesday as traders moved capital into the altcoin market en masse.The fourth-largest cryptocurrency surged by up to 12.93 percent to establish a new yearly top at $428.80. The move uphill helped BCH’s market cap to swell from $6.87 billion to $7.74 billion, making it the best…
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…
Ripple stared a strong rise from the $0.2460 support area against the US Dollar. XRP price rallied around 8% and it seems like it could soon climb towards $0.3000.Ripple price is up around 8% and it broke the $0.2700 resistance area against the US dollar.The price traded to a new 2020 high at $0.2760 and…
Ethereum price is holding a couple of key supports above $185 against the US Dollar. ETH is likely to surge above $190 and continue higher in the near term.Ethereum is trading nicely above the $185 support area against the US Dollar.The price is likely to climb above the $190 barrier to start a fresh increase.There…
Bitcoin’s dreamy price rally in 2020 could hit a dead end in the coming sessions, according to a bullish reversal indicator.The benchmark cryptocurrency is forming a Rising Wedge pattern as confirmed by its price consolidating between upward sloping resistance and support. More data that confirms the Wedge formation is a faster establishment of lower highs…
Ethereum price is trading with a positive bias above the $180 and $185 levels against the US Dollar. ETH is likely to continue higher towards $200 or $220 in the near term.Ethereum is trading in a bullish zone above the $180 pivot area against the US Dollar.The price climbed higher recently and revisited the $194-$195…
Bitcoin traded to a new 2020 high at $9,575 and recently corrected lower against the US Dollar. It seems like a head and shoulder pattern is forming, which could drag BTC towards $8,800.After a steady rise, bitcoin price struggled to gain momentum above $9,500 against the US Dollar.The price is currently declining and it could…
Ethereum surged to a new 2020 high at $187 and it is currently correcting lower against the US Dollar, similar to bitcoin. ETH price must stay above $178 to continue higher in the near term.ETH price is currently correcting lower from the $187 yearly high against the US Dollar.The price could decline heavily if it…
Like it or not, XRP hasn’t fared too well over the past few years. Since its blow-off top in January of 2018, during which the cryptocurrency traded above $3.00, the price of XRP has crashed, falling to $0.24 where it is now and as low as $0.17. That represents an over 90% drop from the…
It is February 1 and bitcoin is up by a modest 0.52 percent.The benchmark cryptocurrency left an impressive month behind in January, returning 30.27 percent in profits against an otherwise gloomy global market outlook. The wild move upside marked bitcoin’s best January close in seven years, convincing traders that the gains could grow further heading…