Cryptocurrency Analysis and News Portal
Bitcoin price is up more than 5% and it broke the key $8,500 resistance against the US Dollar.The price is currently consolidating gains above the $8,500 and $8,400 support levels.There is a short term breakout pattern forming with support near $8,540 on the hourly chart of the BTC/USD pair (data
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The total crypto market cap broke the key $220.0B resistance to move into a positive zone.Bitcoin price is now trading nicely above the main $8,500 resistance area.Litecoin (LTC) price is still facing a strong resistance near the $60.00 level.BCH price is testing the $235 area and is facing a major
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Ripple price is currently correcting gains after setting a new weekly high at $0.2872 against the US dollar.The price is trading below the $0.2800 level and it might correct towards the $0.2720 support.There was a break below a connecting bullish trend line with support near $0.2775 on the hourly chart
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Binance Coin (BNB) was trading in an extremely positive zone on Wednesday as its top rival bitcoin kept underplaying investors’ bullish expectations.The eighth-largest cryptocurrency by market cap surged by up to 11.73 percent to establish a session high of 2,289 sats. It attracted a similar capital from the fiat market,
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Bitcoin price formed a high near $8,348 and recently corrected lower against the US Dollar.The price is currently trading near the $8,120 level and it could test $8,050 or even $8,000.There is a short term contracting triangle forming with resistance near $8,160 on the hourly chart of the BTC/USD pair
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The total crypto market cap is facing a strong resistance near the $218.0B and $220.0B levels.Bitcoin price failed to gain momentum above $8,300 and recently declined below $8,200.Litecoin (LTC) price is still trading well below the main $60.00 resistance area.Bitcoin cash price is currently correcting gains and it could test
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Ripple price started a downside correction after rallying towards the $0.2850 resistance against the US dollar.The price is currently holding the key $0.2720 and $0.2700 support levels.There is a short term breakout pattern forming with resistance near $0.2800 on the hourly chart of the XRP/USD pair (data source from Kraken).The
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ETH price is still struggling to break the key $185 resistance area against the US Dollar.The price is currently correcting lower and it might find support near $178 or $175.There is a connecting bullish trend line forming with support near $178 on the hourly chart of ETH/USD (data feed via
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Jefferies changed the ratings right before the earnings season. Analysts expect Microsoft’s revenues to rise 11% on a year-over-year basis to $32.2 billion.The stocks of Microsoft Corp. rose 0.033% on Tuesday after Jefferies analyst Brent Thill said the next phrase:“It’s time for software investors to get picky.”Thill picked up the
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Encryption startup NuCypher raises $10.7 Million in a simple agreement for future tokens (SAFT) from venture capital heavyweights, including Bitmain, Bitfury, Polychain Capital and others.Innovative encryption startup NuCypher has raised about $10.7 Million in what is referred to as a Simple-Agreement-for-Token (SAFT) in a financing round led by Polychain Capital
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