Bitcoin price formed a strong support near the $9,500 level and recently recovered against the US Dollar. The price broke the key $9,800 and $10,000 resistance levels to move into a positive zone. This week’s highlighted major bearish trend line was breached with resistance near $9,900 on the hourly chart of the BTC/USD pair (data…
The total crypto market cap found support near the $250.0B level and recently corrected higher. Bitcoin price recovered more than 5% and broke the $10,000 resistance area. Litecoin (LTC) price started a strong upward move above the $90.00 and $95.00 resistance levels. BCH price is back above the $300 resistance and is trading with a…
Ripple price remained supported above $0.3030 and climbed higher against the US dollar. The price broke the key $0.3150 resistance to move into a positive zone and start a recovery. Yesterday’s highlighted major declining channel was breached with resistance near $0.3100 on the hourly chart of the XRP/USD pair (data source from Kraken). The price…
ETH price started a strong recovery after trading towards the $200 support level against the US Dollar. The price gained more than 5% and broke the $210 and $215 resistance levels. Yesterday’s highlighted key bearish trend line was breached with resistance near $212 on the hourly chart of ETH/USD (data feed via Kraken). The pair…
Tron (TRX) is recovering, adds 13.2 percent Justin Sun is safe and not restrained from traveling Justin Sun, the co-founder of Tron, is “safe” as NewsBTC reported. Other sources indicate that he is in San Francisco and not detained by Chinese authorities. Overly, this is bullish for TRX. Already, the coin is up 13.2 percent…
Ripple (XRP) is steady, adds 5.3 percent SWIFT, in a global trial, settled a cross-border transaction from Australia to Singapore in 13 seconds In a test, the Society for Worldwide Interbank Financial Telecommunication (SWIFT), achieved speeds closer to those of Ripple. A possible threat to Ripple’s global expansion, XRP prices are firm, adding 5.3 percent…
Bitcoin (BTC) steady below $10,000 Hangzhou Internet Court recognizes Bitcoin as property China may be restrictive, but Chinese miners plays a vital role in the Bitcoin ecosystem. Therefore, despite the People’s Bank of China stance, the ruling from Hangzhou Internet Court is bullish. Currently, BTC is up 3.8 percent week-to-date. Bitcoin Price Analysis Fundamentals Chinese…
Bitcoin price struggled to recover above $10,400 and declined recently against the US Dollar. The price declined heavily and even broke the key $10,000 support level to enter a bearish zone. Yesterday’s highlighted key bearish trend line is intact with resistance near $10,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
The total crypto market cap extended losses and broke the $260.0B support area. Bitcoin price is down more than 6% and it recently broke the $10,000 and $9,800 supports. Binance coin (BNB) price declined around 8% and it is back below the $30.00 support area. Litecoin (LTC) price failed to hold the $90.00 support level…
Bitcoin price failed to accelerate above $10,700 and declined recently against the US Dollar. The price broke the key $10,500 and $10,400 support levels to move into a short term bearish zone. There is a new bearish trend line forming with resistance near $10,350 on the hourly chart of the BTC/USD pair (data feed from…