Price Analysis Dec 25: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XTZ, TRX
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Ripple price is slowly rising and it is now trading above $0.1950 against the US dollar.The price seems to be lacking bullish momentum above the $0.1980 and $0.2000.There is a key bullish trend line forming with support near $0.1950 on the hourly chart of the XRP/USD pair (data source from
Read MoreAlthough sentiment drives prices in the short-term, fundamentals play a major role in determining long-term price action. However, many times, the price follows fundamentals higher with a lag. The crypto markets have an uncanny ability to surprise analysts by moving opposite to the general perception.As the year draws to
Read MoreThere was a nice upward move in bitcoin price from the $6,435 low against the US Dollar.The price is now trading nicely above the $7,000 and $6,960 support levels.There is likely a bullish continuation pattern forming resistance near $7,180 on the 4-hours chart of the BTC/USD pair (data feed from
Read MoreBitcoin (BTC) users who employ privacy tool CoinJoin to add anonymity to their transactions face a major wake-up call after exchange Binance froze a withdrawal.In an ongoing Twitter debate which began Dec. 19, a user by the name of Catxolotl uploaded what appeared to be correspondence from Binance Singapore
Read MoreIt has been a profitable week, largely because I caught the big Bitcoin (BTC) move up from the local bottom. I closed a majority of my altcoin trades, some on tight stops and others at a decent profit. Overall, I’m very happy with the results, although as I mentioned last
Read MoreBitcoin price is consolidating gains above the key $7,000 support area against the US Dollar.The price could dip towards the $6,960 support before it starts a fresh increase.There is a short term contracting triangle forming with resistance near $7,135 on the hourly chart of the BTC/USD pair (data feed from
Read MoreBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe liquidation of PlusToken assets could drop the BTCOnly BTC survives – CNBCOn W1, the Bitcoin dynamics are even inside the current descending channel. The quotations are aiming at the long-term minimum of $3121.90. The resistance is at $8500.00.On the MACD and
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