Cryptocurrency Analysis and News Portal
Bitcoin price rallied more than 5% to clear the $7,500 resistance against the US Dollar.The price is now trading in a positive zone and it could rise further above $7,700.There is a short term breakout pattern forming with resistance near $7,590 on the hourly chart of the BTC/USD pair (data
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The total crypto market cap is gaining momentum above the key $192.0B resistance.Bitcoin price is up more than 5% and it broke the $7,500 resistance area.EOS price is slowly rising towards the $2.600 and $2.700 resistance levels.Binance Coin (BNB) is still well below the main $14.00 and $14.20 resistance levels.BCH
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Ripple price is slowly rising and it is now trading above $0.1950 against the US dollar.The price seems to be lacking bullish momentum above the $0.1980 and $0.2000.There is a key bullish trend line forming with support near $0.1950 on the hourly chart of the XRP/USD pair (data source from
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Ethereum is climbing higher and trading nicely above the $130 level against the US Dollar.The price is likely to continue higher once it surges above the $150 resistance.There is a rising channel forming with support near $133 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin is up more
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Ripple, a company behind XRP cryptocurrency, became a $10 billion blockchain giant after raising $200 million in a funding round earlier this month. But according to one prominent trader, the San Francisco firm has no value.Tone Vays, a former Wall Street trader and vice president of JP Morgan Chase, criticized
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There was a nice upward move in bitcoin price from the $6,435 low against the US Dollar.The price is now trading nicely above the $7,000 and $6,960 support levels.There is likely a bullish continuation pattern forming resistance near $7,180 on the 4-hours chart of the BTC/USD pair (data feed from
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Over the past few days, Bitcoin has strongly outperformed altcoins, especially Ethereum and XRP. On Wednesday, when BTC was trading 8% down on the week, both ETH and XRP — the second and third-largest cryptocurrencies by market capitalization, respectively — were down nearly 15% since the weekly open, crushed under
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2019 has been a slow year for bitcoin. It is up almost two-fold since January but it is at risk of ending the year with a 50 percent drop from its yearly high. Still, it has managed to overtake Donald Trump, VISA, PayPal, and Libra on Google Trends at the
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On December 17, when the bitcoin price fell to as low as $6,500 across major crypto exchanges, the outflow of BTC from exchanges spiked to $606 million.According to data from TokenAnalyst, the outflow of bitcoin nearly tripled on Tuesday from the day prior. Coincidentally, the bitcoin price surged to $7,490
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An unknown investor sold more than $10 million worth of bitcoin at the price of $7.125 on BitMEX, the biggest cryptocurrency margin trading platform.Yet, the bitcoin price is currently holding firm at $7,135. It suggests that the market absorbed the 8-figure dump relatively quickly.BitMEX $BTC Whale:$10,000,000 worth of #Bitcoin sold
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