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Ripple is showing a few bearish signs below the $0.1980 resistance against the US Dollar. XRP price could start a strong decline if it breaks the $0.1900 support area.Ripple price is still struggling to gain momentum above the $0.2000 resistance against the US dollar.The bears were able to push the
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Bitcoin prices rallied Wednesday to reach an intraday top at about $6,983 but the move did not improve its bearish outlook for the rest of the month.The bitcoin-to-dollar daily chart saw the formation of two extremely bearish patterns: Death Cross and Double Top. The former appeared after bitcoin’s short-term moving
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Ethereum corrected higher after a massive decline towards $90 against the US Dollar, similar to bitcoin. ETH price is struggling to correct above $130 and it could resume its decline.ETH price is showing a few bearish signs below the $130 and $140 levels against the US Dollar.The price is trading
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After Thursday’s brutal crash and the follow-up wick on Friday morning, Bitcoin investor sentiment is down in the dumps; many believe there are few reasons to be bullish on the short-term to long-term prospects of the leading cryptocurrency.While this was seemingly true when BTC traded as low as $3,800, analysts
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Bitcoin declined more than $1,500 in the past few days against the US Dollar. BTC is now facing a drop to $8,200 or $8,000 before a strong upward move in the coming days.After forming a short term top, bitcoin price dived below $9,000 and $8,800.The price is currently consolidating above
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Bitcoin's lackluster recovery from price support around $9,400 is struggling to gather upside traction amid bearish developments on the short-term technical charts. The top cryptocurrency by market value fell by 5.5 percent on Wednesday to register its biggest single-day drop in three months. Sellers, however, failed to keep prices below the widely
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EOS was among the worst-hit top cryptocurrencies this Thursday as bitcoin and altcoin market fell in tandem.The eighth-largest blockchain asset fell by circa 12 percent to $3.99, according to CMC’s 24-hour adjusted timeframe. The move downhill pushed EOS’s market cap to $3.82 billion. At its 2020 top, the valuation was
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Bitcoin has dipped back below the psychological area of support near the $10,000 level amid a 20-minute bearish sell-off that took the markets by surprise.At around 21:30 UTC on Feb. 19, the price of bitcoin (BTC) fell more than 4.5 percent from $10,086 to $9,610, according to CoinDesk’s BPI data,
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Ethereum was trading in a positive area this Wednesday after rising about 5 percent on a 24-hour adjusted timeframe.The second-largest cryptocurrency settled a new intraday high at circa $286, becoming one of the top-performing assets in the wake of a market-wide upside recovery. At its lowest, Ethereum was trading at
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Bitcoin may have surged bombastically heading into 2020 but one analyst thinks the cryptocurrency is going to fall back.Options trader Dyme said bitcoin is entering a “perfect bearish setup,” listing three converging negative indicators that hint a deep price retracement in the coming trading sessions. They are Rising Wedge, Bearish
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