Cryptocurrency Analysis and News Portal
Bitcoin price is currently consolidating above the $7,200 and $7,150 support levels against the US Dollar.The price is likely to climb higher again unless there is a daily close below $7,000.There is a key bearish trend line forming with resistance near $7,240 on the hourly chart of the BTC/USD pair
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Bitcoin (BTC) closed the week at $7,385, which represented a 1.71% reduction in valuation. The lows for the week were some 4.5% lower at $7,053. But a strong close meant that Bitcoin maintained the $7K handle throughout the week.Looking at performance relative to its peers, Ether (ETH) and XRP
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After a strong decline, bitcoin price found support near $7,000 against the US Dollar.The price is now trading near the $7,300 and $7,320 resistance levels.There is a major breakout pattern forming resistance near $7,320 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The price could dip a
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Gold bugs certainly have had quite the field year in 2019. The price of gold, even though it’s had ups and downs like pretty much every other asset, has still brought in significant year-to-date (YTD) returns so far. The price behavior might be seen by gold bugs, especially those who
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Decentralized platforms are the best means to solve equity problems in creative industries. Source
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The bitcoin price plunged on Tuesday after facing another strong rejection from a psychological resistance area. The leading cryptocurrency established a new intraday low near $7,274, down 5.11 percent from the local high of $7,552.92. The move downhill reasserted the $7,500-7,600 range as a crucial wall standing before bulls. The area has
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Ethereum is approaching the main $152 and $155 resistance levels against the US Dollar.The price is likely to rally significantly once there is a clear break above $152.There is a key bullish trend line forming with support near $148 on the hourly chart of ETH/USD (data feed via Kraken).The price
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While Bitcoin (BTC) is in a range between $6,800-$8,200, some altcoins have shown impressive movements during the past week. Some examples are MATIC (+83%) and RVN (+46%). These movements generally occur during low volatility periods in Bitcoin. Crypto market daily performance. Source: Coin360Now that Bitcoin is attempting to rally above
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The total crypto market cap is forming a major breakout pattern with resistance near $195.0B.Bitcoin price is slowly rising and it seems like it could climb above the $7,400 resistance.Binance coin (BNB) price is holding the $15.00 support and it is correcting higher.Litecoin (LTC) price is attempting a break above
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Whereas Bitcoin (BTC) was hovering at $6,500 earlier this week, it has since rebounded to the resistance zone of $7,800 but failed to break it on the first attempt.Crypto market daily performance. Source: Coin360As the short term trend is still upwards, should traders be cautious about the recent price
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