Price Analysis 16/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
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BTC
Bitcoin (BTC) Price Showing Signs of Additional Weakness
Bitcoin price failed to rebound above $8,300 and extended its decline against the US Dollar.The price is trading below the $8,200 level and recently it declined towards the $8,050 level.There is a key declining channel forming with resistance near $8,350 on the hourly chart of the BTC/USD pair (data feed
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Bitcoin (BTC) Price Hesitates But Fresh Rebound Seems Likely
Bitcoin price is currently trading in a range below the $8,400 resistance area against the US Dollar.The price remains well supported on the downside near $8,200 and $8,150.There is a new breakout pattern forming with resistance near $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).The
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Ripple (XRP) Price Gaining Momentum While BTC Is Consolidating
Ripple price is climbing higher and it recently surpassed the $0.2950 resistance against the US dollar.The price is moving towards $0.3000 and it could rally sharply above $0.3020.There is a rising channel forming with support near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken).The price
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Growth of BTC Millionaires Now Matches Bitcoin’s Early Years: New Data
The number of Bitcoin (BTC) addresses containing more than 1,000 BTC ($8.3 million) is growing at the same pace in 2019 as before 2014, new data shows.Woo “super bullish” on wallet trendUploaded to social media by Bitcoin statistician Willy Woo on Oct. 11, a chart of Bitcoin address growth
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Bitcoin (BTC) Price Trend Remains Negative Below $8,400
Bitcoin price is struggling to correct above the $8,350 and $8,400 resistances against the US Dollar.The price is currently correcting higher after trading as low as $8,146.Recently, there was a break below a key ascending channel with support near $8,340 on the hourly chart of the BTC/USD pair (data feed
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Ripple (XRP) Price Up 4% While BTC and ETH Are Consolidating
Ripple price is showing positive signs and it recently gained pace above $0.2800 against the US dollar.The price is up around 4% and it is currently testing the key $0.2850 resistance area.There is a major bullish trend line forming with support near $0.2770 on the hourly chart of the XRP/USD
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Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin
The BCH-centric web portal Bitcoinbch.com published an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country
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Bitcoin (BTC) Price Weekly Forecast: $8,300 Holds Key For Fresh Increase
After a sharp increase, bitcoin price corrected lower sharply below $8,500 against the US Dollar.The price is currently consolidating above the key $8,300 support area.There was a break below a key bullish trend line with support near $8,420 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The
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