Cryptocurrency Analysis and News Portal
Bitcoin price is back in a downtrend with a close below the $8,000 support against the US Dollar.The price is trading below the $8,000 support and remains at a risk of more losses below $7,800.Yesterday’s highlighted major declining channel was breached with support near $8,100 on the hourly chart of
Read More
The total crypto market cap is declining and it could soon test the $200.0B support area.Bitcoin price is down 3% and it broke the main $8,000 support area.Binance coin (BNB) price broke the key $18.00 support and it might revisit $17.20.Litecoin (LTC) price is down around 5% and it is
Read More
Bitcoin was trading in negative territory on Wednesday as a broader market focus remained glued on Brexit and other critical macroeconomic events.Bitcoin price slips as speculators/investors shift focus elsewhere | Image credits: TradingView.comThe benchmark cryptocurrency slipped 0.12 percent to trade at $8,152.92, continuing its choppy actions seen after the last
Read More
Bitcoin price failed to rebound above $8,300 and extended its decline against the US Dollar.The price is trading below the $8,200 level and recently it declined towards the $8,050 level.There is a key declining channel forming with resistance near $8,350 on the hourly chart of the BTC/USD pair (data feed
Read More
Bitcoin price is currently trading in a range below the $8,400 resistance area against the US Dollar.The price remains well supported on the downside near $8,200 and $8,150.There is a new breakout pattern forming with resistance near $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).The
Read More
The total crypto market cap is showing positive signs above the $210.0B support area.Bitcoin price needs to surpass the $8,400 resistance area to continue higher in the near term.Litecoin (LTC) price is still struggling to climb above the key $60.00 resistance area.Bitcoin cash price is slowly rising towards the $235
Read More
Ethereum price climbed above the key $185 resistance area against the US Dollar.Bitcoin price is still struggling to recover and is facing a strong resistance near $8,400.There was a break above a major bearish trend line with resistance near $183 on the hourly chart of ETH/USD (data feed via Kraken).The
Read More
Bitcoin was inching higher on Monday in the UK markets as Pound gave up some part of its last week’s sharp gains.Bitcoin shows upside sentiment as the Pound drops to 1-month low | Image credits: TradingView.comThe cryptocurrency surged by 0.76 percent against the sterling as of 1005 UTC to trade
Read More
Bitcoin price is struggling to correct above the $8,350 and $8,400 resistances against the US Dollar.The price is currently correcting higher after trading as low as $8,146.Recently, there was a break below a key ascending channel with support near $8,340 on the hourly chart of the BTC/USD pair (data feed
Read More
The total crypto market cap is currently holding the key $210.0B support area.Bitcoin price is also trading just above the $8,250 and $8,200 support levels.EOS price is showing positive signs above the $3.050 and $3.000 support levels.Binance Coin (BNB) is up more than 2% and it is trading nicely above
Read More