Cryptocurrency Analysis and News Portal
AnalysisWhen looking at the chart below we can see that Ethereum (ETH)trade is currently trading at $184. It can also be observed that the second-largest cryptocurrency’s price is trading within the channel with the upper limit at around $185 acting as resistance and the lower limit of the channel at
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BNB has been maintaining a bullish move for the past few weeks, but the price is now retracing near $20.5 support level.Binance Coin remains bullish on the hourly chart, but the bears may take over if the price drops below the ascending broadening wedge.Over the past few weeks, Binance Coin
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Bitcoin price is currently correcting higher above the $8,600 resistance area against the US Dollar.The price is still facing a strong resistance near the $8,700 and $8,780 levels.Morning’s major declining channel is preventing gains near $8,705 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price could
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LTC broke out of a channel to a new descending wedge after dropping below $61 price levels earlier today.The price rejection at $66 price levels has made Litecoin stay under a bearish pressure since the weekly opening.Litecoin may gain bullish momentum if the price can reclaim $61, which appeared to
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AnalysisWhen looking at the chart below we can see that Ethereum (ETH)trade is trading at $190.70. It can also be seen that the second-largest cryptocurrency’s price is back in the channel after a false break out.The upper limit of the channel at $192 is also acting as resistance and $187
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Bitcoin (BTC) fell below $9,000 for the first time in almost a week on Oct. 31 as rumors of a correction intensified among analysts.Cryptocurrency market daily overview. Source: Coin360BTC short-term outlook could call for $8.2KData from Coin360 showed BTC/USD dipping below the $9,000 mark in Thursday trading — a
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Bitcoin price is gaining bullish momentum and is trading above $9,500 against the US Dollar.The price is facing a strong resistance on the upside near the $9,820 and $9,850 levels.There is a crucial bullish trend line forming with support near $9,500 on the hourly chart of the BTC/USD pair (data
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Bitcoin was trading in positive territory on Monday to uphold gains it made during this weekend.The benchmark cryptocurrency surged by 0.07 percent to trade near $8,230 as of 1140 UTC. At its session high, it was trading at $8,301.85, which was 4.37 percent higher than Friday’s closing point. The upside
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Ripple price started a downside correction after rallying towards the $0.2850 resistance against the US dollar.The price is currently holding the key $0.2720 and $0.2700 support levels.There is a short term breakout pattern forming with resistance near $0.2800 on the hourly chart of the XRP/USD pair (data source from Kraken).The
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