Cryptocurrency Analysis and News Portal
Ethereum’s Ether is recovering and trading above the $235 resistance against the US Dollar. ETH seems to be preparing for a crucial upside break above $238 and $240.Ether is recovering from the $232 support and trading above $235.The price is now approaching the main $238 and $240 resistance levels.There is
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Bitcoin’s prolonged bout of sideways trading is bound to end eventually, and all the signs are suggesting that the next large trend-defining movement could take place in the coming days or weeks.This recent price action has been driven primarily by a sharp decline seen in BTC’s liquidity and trading volume
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The flagship cryptocurrency continues to disappoint investors while lower-cap coins are running the show. Indeed, Bitcoin has been flat for over the past month without providing a clear roadmap of where its price could be headed next. The ongoing consolidation period forced the Bollinger bands to squeeze on BTC’s 1-day chart.
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Bitcoin is trading in a contracting range above $9,000 against the US Dollar. BTC’s daily chart suggests that the price could rally above $9,300 as long as it is above the 100-day SMA. Bitcoin is holding a couple of important supports near $9,000 and $8,800. The price is currently facing strong barriers
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Ethereum has been trading in close tandem with Bitcoin throughout the past several days and weeks, and this correlation isn’t showing any signs of breaking. It now appears that buyers may be laying the groundwork for ETH to see a notable upswing, however, as the crypto is currently on the cusp
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Bitcoin is facing an uphill task near $9,300 and $9,400 against the US Dollar. BTC seems to be preparing for the next big move either above $9,400 or below $9,000.Bitcoin is stuck in a broad range above the $9,120 support zone.The price is struggling to clear the $9,300 and $9,400
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As repeated time and time again by analysts, Bitcoin is currently in no man’s land. The cryptocurrency remains above the $8,500 support while below the resistance region at $10,000-10,500.Price has responded in kind, flatlining in the low-$9,000s as neither bulls and bears have managed to establish a trend. Yet a
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Out of the top-five cryptocurrencies, Ethereum has been the most bullish one over recent weeks. The cryptocurrency has pushed closer and closer to local highs as Bitcoin and XRP have stalled.Analysts say that with this recent price action, ETH is likely preparing to see a massive breakout. One trader, in
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Bitcoin’s multi-month consolidation phase has caused its correlation with other assets to degrade, leaving investors to question where it might trend next.One analyst is now floating the possibility that the cryptocurrency’s price is currently lagging just behind that of gold.He points to a potential accumulation pattern that could confirm this
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Bitcoin is rising steadily and it recently broke the $9,400 resistance against the US Dollar. BTC’s daily chart suggests that the bulls are likely aiming a larger rally towards $10,000.Bitcoin formed a strong support base near $9,000 and recently started a fresh increase.The price is currently trading well above the
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