Cryptocurrency Analysis and News Portal
Ethereum is declining steadily below the $235 resistance zone against the US Dollar. It seems like ETH could decline heavily if it breaks the $225 support zone in the near term.Ethereum is trading in a bearish zone below $232 and the 100 hourly simple moving average.The price is slowly declining
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Bitcoin hashrate jumped 23 percent since May 26, signaling more miners are resuming operations on the cryptocurrency’s blockchain network.The rally also continued as Bitcoin’s mining difficulty dropped by over 9 percent on June 4.The rising hashrate indicates a slowdown in miner capitulation, which could assist in sending the bitcoin price
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Ethereum is following a short term declining pattern from the $198 resistance against the US Dollar. ETH could spike towards the $188 or $185 support before it rallies above $200.Ethereum is slowly moving lower after it failed to surpass the $198 and $200 resistance levels.The price is currently trading near
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Ripple is showing signs of a decent recovery above $0.1400 against the US Dollar. XRP price could attempt to surpass the $0.1650 resistance and start a strong rise.Ripple price is facing a couple of key hurdles near $0.1620 and $0.1650 against the US dollar.A key support base seems to be
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Bitcoin’s price (BTC) action has been relatively uneventful, especially when compared against the explosive price action of last week when the digital asset stomped through the $9K barrier and rallied all the way $9,530 for a strong monthly close. Bitcoin daily price chart. Source: Coin360This week all of the attention
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Ripple’s controversial native token XRP closed 2019 at a substantial loss, but according to a prominent analyst, the cryptocurrency is ready to break the bearish jinx in 2020.Crypto Michaël, a popular cryptocurrency analyst on Twitter, spoke about this on Wednesday, saying that the XRP-to-dollar exchange could undergo a massive trend reversal
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The total crypto market cap is holding an important support area near the $185.0B level.Bitcoin price is struggling to continue higher and trading close to the $7,200 support.EOS price is down 2% and it is now trading near the $2.600 support area.Binance Coin (BNB) is down 3% and it failed
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Bitcoin price is struggling to stay above the $7,160 and $7,120 support levels against the US Dollar.A successful close below $7,120 could accelerate decline below $7,000.There is a key connecting bearish trend line forming with resistance near $7,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).The
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Bitcoin is looking to undergo a strong price reversal to the upside, according to technical analyst Crypto Cred.The prominent crypto trader theorized his bullish sentiment based on a so-called “BTC Reversal Pattern Structure.” In a tweet published on Thursday, Cred showed bitcoin in three widely distanced yet identical price behaviors.Bitcoin
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After a decent recovery, bitcoin price faced resistance near the $7,880 level against the US Dollar.The price is currently correcting gains and it is trading near the $7,300 support area.There is a crucial bearish trend line forming with resistance near $7,678 on the 4-hours chart of the BTC/USD pair (data
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