Cryptocurrency Analysis and News Portal
Ripple price is sliding and it is under pressure below the $0.2200 resistance against the US dollar.The price is now trading below $0.2150 and it could decline further below $0.2100.There is a crucial bearish trend line forming with resistance near $0.2180 on the hourly chart of the XRP/USD pair (data
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Bitcoin price is showing a lot of bearish signs below the $7,280 resistance against the US Dollar. The price is likely to face resistance and selling interest near the $7,280 and $7,400 levels. There is a short term rising channel forming with resistance near $7,290 on the hourly chart of the BTC/USD
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As part of its current mid-term downtrend, Bitcoin (BTC) could be headed toward its 200-week moving average (MA), a level that has been a major historical bottom. Since hitting its 2019 high of approximately $13,890, Bitcoin has seen lower highs indicative of a downward trend, at least in the mid-term. After
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Bitcoin (BTC) fell below $8,000 on Nov. 21 after several days of downward price pressure finally cost the cryptocurrency a major support level.Data from Coin360 showed BTC/USD finally reentering the $7,000 range on Thursday, marking its lowest since the last week of October. $7,880 was met by an immediate
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Ethereum is currently consolidating losses above the $172 support against the US Dollar.Bitcoin price is also consolidating above the key $8,000 support area.There is a new connecting bearish trend line forming with resistance near $176 on the hourly chart of ETH/USD (data feed via Kraken).The price is likely to continue
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Ethereum is currently correcting higher from the $172 support against the US Dollar.Bitcoin price is also correcting higher, but it is likely to face resistance near $8,250.There was a break above a declining channel with resistance near $175 on the hourly chart of ETH/USD (data feed via Kraken).The price is
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Bitcoin price is declining after it failed to climb above the key $8,300 resistance against the US Dollar.The price is under pressure and it is now trading below the $8,000 support area.There was a break below a connecting bullish trend line with support near $8,080 on the hourly chart of
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There was a steady decline in bitcoin below the $8,500 support against the US Dollar.The price is following a bearish path and it is facing many hurdles near $8,200 and $8,500.There is a key declining channel forming with resistance near $8,200 on the 4-hours chart of the BTC/USD pair (data
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Weekly crypto market data. Source: Coin360As the weekly close approaches Bitcoin remains pinned in the $8,300 to $7,800 range. For the past few days, the digital asset has made lower daily highs and it no longer rides along the 20-MA of the Bollinger Band indicator on the 4-hour chart. Basically,
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Around this time last week, the situation was looking increasingly dire for Bitcoin (BTC) and murmurs of a drop to $6,000 and even $3,000 began to circulate amongst traders. Even today there are still those that consider this a real possibility and perhaps it is. For the moment, Bitcoin
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