Cryptocurrency Analysis and News Portal
Bitcoin price is down more than 8% and it dived below $7,500 against the US Dollar.The price is currently correcting higher after trading to a new monthly low near $7,300There are two connecting bearish trend lines forming with resistance near $7,450 and $7,660 on the hourly chart of the BTC/USD
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The total crypto market cap is down more than 10% and it broke the $200.0B support area.Bitcoin price declined heavily and traded below the $7,500 support area.EOS price is down more than 8% and it traded close to the $2.500 support area.BCH price is still holding the main $200 support
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Ripple price declined heavily after it broke the key $0.2850 support area against the US dollar.The price tested the main $0.2500 support area and it is currently rebounding above $0.2650.There is a major bearish trend line forming with resistance near $0.2800 on the hourly chart of the XRP/USD pair (data
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Ethereum price declined heavily below $170 and traded close to $150 against the US Dollar.Bitcoin price is down more than 8% and it even traded below the key $7,500 support.Yesterday’s highlighted bearish trend line is intact with resistance near $165 on the hourly chart of ETH/USD (data feed via Kraken).The
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Bitcoin took a deep dive on Wednesday to test the levels last seen in May.The benchmark cryptocurrency plunged by up to circa $566.29, or 7.65 percent, in just two hours of trading. The move downside brought bitcoin down to a session low of $7,402.20. While the price later corrected, its
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Analyst, Chris Mancini claims governments are increasingly turning to gold, and not Bitcoin, in order to hedge against economic uncertainty. Motivated by geopolitical wranglings, as well as a desire to reduce dollar reliance, the Chinese and Russian central banks are driving demand for gold. Is Bitcoin now out of the
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Bitcoin price is declining after it failed to climb above the key $8,300 resistance against the US Dollar.The price is under pressure and it is now trading below the $8,000 support area.There was a break below a connecting bullish trend line with support near $8,080 on the hourly chart of
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The total crypto market cap failed to climb above the $220.0B resistance and declined recently.Bitcoin price is down 3% and it is now trading below the $8,000 support area.Binance coin (BNB) price failed to stay above the $18.00 support and resumed its decline.Litecoin (LTC) price is down around 4% and
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Ripple price declined recently after it failed to climb above the $0.3030 resistance against the US dollar.The price is currently trading below $0.2950, but it is holding the key $0.2850 support area.There was a break below a key bullish trend line with support near $0.2940 on the hourly chart of
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Ethereum price is declining again after it failed to break $178 and $180 against the US Dollar.Bitcoin price is also moving down and it is likely to break the $8,000 support area.There is a key bearish trend line forming with resistance near $172 on the hourly chart of ETH/USD (data
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