Cryptocurrency Analysis and News Portal
Changpeng Zhao, CEO and founder of major cryptocurrency exchange Binance, said that the reasons why Binance Coin (BNB) dropped over 50% from its all-time high in June do not make much sense. “Markets often confuse people”Zhao explained that new services such as margin trading, an increased number of fiat onramps,
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Bitcoin price is currently declining and is trading well below $8,000 against the US Dollar.The price is struggling to recover and it looks set to decline further towards the $7,500 support.There is a crucial declining channel forming with resistance near the $8,050 level on the hourly chart of the BTC/USD
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Ripple price is gaining bullish momentum above the $0.2600 resistance area against the US dollar.The price is up around 5% and it recently broke the $0.2650 resistance area.There is a connecting bullish trend line forming with support near $0.2550 on the hourly chart of the XRP/USD pair (data source from
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The total crypto market cap is below $210.0B and is likely to extend its decline.Bitcoin price is trading below $8,000 and it is moving with a bearish angle.EOS price is down more than 2% and is approaching the $2.700 and $2.650 support levels.BCH price is facing resistance near the $225
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ETH price corrected higher from the $152 low and traded above $165 against the US Dollar.The price is currently struggling to break the $172 and $175 resistance levels.Yesterday’s highlighted key bearish trend line is still active with resistance near $172 on the hourly chart of ETH/USD (data feed via Kraken).The
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Bitcoin price is down more than 12% and it recently broke the $8,500 support against the US Dollar.The price is currently correcting higher, but the $8,750 and $8,800 levels are preventing recovery.There is a crucial bearish trend line forming with resistance near $9,500 on the hourly chart of the BTC/USD
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Bitcoin is gaining massive popularity in Turkey, amid the continuous decline of the Turkish lira. According to a tweet on September 8, 2019, bitcoin is as popular as forex in the country. Forex Shortage Pushing Turkish Citizens to Bitcoin Didi Taihuttu, a bitcoin advisor who became known after selling all his properties
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ETH price is still struggling to gain momentum above the $180-$181 resistance area against the US Dollar.The price is slowly moving lower and it could decline further towards the $174 support area.A major bullish trend line is at risk with support near $178 on the hourly chart of ETH/USD (data
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The total crypto market cap is currently following a bearish path below the $270.0B resistance.Bitcoin price is now trading below the key $10,300 and $10,200 resistance levels.BCH price is holding the $300 and $305 support levels, but struggling to climb higher.EOS price is consolidating above the $3.500 support level.Stellar (XLM)
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Ripple price started an upside correction after trading as low as $0.2580 against the US dollar.Bitcoin price is back above $10,000, but it is facing many important resistances near $10,250.Yesterday’s followed key declining channel with resistance near $0.2670 was breached on the hourly chart of the XRP/USD pair (data source
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