Cryptocurrency Analysis and News Portal
Bitcoin appears to be forming a severely bearish technical indicator that analysts call a “death cross.”The grimly-named signal will kick in when bitcoin’s 20-day moving average drops below its 50-day moving average. So it appears, the cryptocurrency is only a few sessions away from making its first Death Cross for
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Bitcoin is correcting losses from the $8,400 region against the US Dollar. It seems like BTC price is likely to extend its recovery above the $9,000 in the coming sessions. Bitcoin is up more than 2% and it recovered above the $8,800 resistance against the US Dollar. The price is now testing
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Ripple is showing a few positive signs above the $0.2300 support against the US Dollar. XRP price is likely to accelerate higher if it clears the $0.2425 resistance area.Ripple price is slowly rising after forming a double bottom pattern near the $0.2240 level against the US dollar.The price is now
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Ethereum is gaining traction and it recently recovered above the $225 resistance against the US Dollar. ETH price could rally if there is a clear break above $238 and $240.Ethereum is slowly gaining momentum above the $220 and $225 levels against the US Dollar.The price must climb above the $238
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A Coronavirus-induced sell-off led Bitcoin SV down by 46 percent in February, but the cryptocurrency is showing signs of healthy upside retracement heading into March.The controversial cryptocurrency surged by more than 14 percent on a month-to-date basis as buying sentiments erupted across the crypto market. The move led the BSV-to-dollar
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A small bitcoin sell order placed on Binance failed to garner favorable bids from buyers, leading to an unexpected price drop of circa $100.First noted by Hsaka, a prominent crypto analyst, trader(s) opened a 300 BTC sell order on the Malta crypto exchange at around 11:05 UTC. But the position
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Rival assets bitcoin and gold jumped hand-in-hand on Monday as investors pinned their hopes on central banks stimulating economies via new stimulus programs.The bitcoin-to-dollar exchange rate surged 3.28 percent to hit an intraday high of $8,64.08 following the European session open. At the same time, CME futures linked to the
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Bitcoin is likely forming a short term bottom near $8,400 against the US Dollar. However, BTC price must climb above the 100 hourly SMA and $8,800 to start a fresh increase.Bitcoin is currently consolidating above the $8,400 and $8,500 support levels against the US Dollar.The bulls need to gain control
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Ripple retested the key $0.2240 support area against the US Dollar. XRP price could start a strong recovery wave once it clears the $0.2350 and $0.2380 resistance levels.Ripple price is showing a few positive signs above the $0.2240 level against the US dollar.The price is likely forming a double bottom
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Gold is once again rallying on safe-haven demand, with the yellow metal gaining 2.5% Sunday evening. Bullion flash-crashed by $78 on Friday, its worst single-day drop in seven years. Latest PMI data out of China suggest coronavirus is wreaking havoc on the world’s second-largest economy. Amid the global economic
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