Cryptocurrency Analysis and News Portal
The bitcoin price is up by 10 percent in the past four days and after such a big rally, a short-term pullback follows. But, a top trader says it will take a lot for short sellers to hunt for longs in this environment, which could push BTC for an ever
Read MoreSince early-2018’s market crash, crypto investors have been waiting for altcoins, digital assets that are not Bitcoin (BTC), to surge higher. Unfortunately for these investors, this hasn’t happened yet, with Bitcoin’s dominance rallied from 33% to a high of 71% last year in 18 months’ time, surging on the deaths
Read MoreChainLink (LINK), the 17th most valuable cryptocurrency in the market, surpassed the $2.8 level for the first time since November 2019 after a 65 percent rally.With strong partnerships, ChainLink has maintained an active community of users, investors, and developers throughout the past year. It is one of the few cryptocurrencies
Read MoreBitcoin corrected lower below $8,700, but it found a strong support above $8,500 against the US Dollar. BTC price is currently rising and it could rally if it clears the $8,840-$8,900 resistance area.Bitcoin price might not go down quietly and it could rally above $8,800 against the US Dollar.The double
Read MoreRipple corrected lower sharply from $0.2450, but it found support near $0.2200 against the US Dollar, similar to bitcoin near $8,500. XRP price is recovering, but it must surpass $0.2360 for a fresh rally.Ripple price is showing positive signs above the $0.2250 and $0.2280 support levels against the US dollar.The
Read MoreIf you’ve spent any time browsing crypto Twitter, or any of the Bitcoin or crypto-focused communities on Reddit, there’s no doubt you’ve come across investors challenging traders sharing charts filled with trendlines, saying that “technical analysis doesn’t work.”While technical analysis does not guarantee success, it can certainly increase the probability
Read MoreThe bitcoin price rose to as high as $8,916 across major cryptocurrency exchanges like BitMEX and Binance on January 15. Since then, BTC fell by three percent in a typical short-term top formation.Lower time frames indicate a double top structure, which normally suggests that the asset tried to break above
Read MoreThere is a class action lawsuit filed against Ripple in 2018 by investors who are alleging that XRP is a security. Even if the suit is dismissed, it is unlikely to have any major effect on the cryptocurrency.Why it won’t affect XRP in a large wayRipple the company has long
Read MoreBitcoin struggled to break the $8,900 resistance on two occasions against the US Dollar. BTC price is showing a few bearish signs and it seems like it could decline towards $8,300 or $8,200.Bitcoin price is likely forming a double top pattern near the $8,900 resistance against the US Dollar.The price
Read MoreRipple is down more than 4% after it was rejected near $0.2450 against the US Dollar, similar to bitcoin near $8,900. XRP price is now approaching the key $0.2230 and $0.2200 support levels.Ripple price declined steadily after forming a short term top near $0.2451 against the US dollar.The price is
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