Cryptocurrency Analysis and News Portal
The price of XRP has nosedived substantially to a level that it last touched almost 70 weeks ago. At the current time, XRP’s price have been trading near its immediate support level of $0.36. Bitcoin continues to be on shaky grounds as the coin tried recovering by moving past the $30,000
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In stock markets and the crypto sector, traders are always looking for a definite reason to explain an asset's price action, which means it's important to stress that correlation doesn't imply causation. While it may be easy to connect a regulatory statement or pending legislation to the outcome of an asset's
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The run-up in the Bitcoin (BTC) price toward $50,000 last week risks exhaustion due to a mismatch between the cryptocurrency's price and momentum trends.So it appears the Bitcoin's price and relative strength index (RSI) have been moving in the opposite direction since late July. In doing so, even a strong
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Bitcoin’s price action has given investors mixed signals as of late, with the benchmark cryptocurrency oscillating between $10,000
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Bitcoin is currently flashing some signs of strength as it continues consolidating within the lower-$11,000 region. Overnight, bears attempted
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Bitcoin price this week broke up from consolidation and surged over 15% to $11,400 at the high. On
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Bitcoin’s price has been steady within the lower-$11,000 region, which seems to indicate that it is coiling up
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After a more than 150% rally from March’s lows, Bitcoin’s upward momentum has petered out over recent weeks. For nearly two months, the cryptocurrency has been caught in a tight range between $8,500-10,000.This has resulted in a key trend indicator halting its uptrend. According to a trader, if the indicator
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Bitcoin has acted weak over the past few days, falling as low as $8,950 as touching $9,800 on Monday. Yet there are technical signals suggesting that a bull trend is soon to appear.One signal that was last seen at the start of the March crypto rally is about to appear
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Dow Jones Industrial Average (DJIA) futures plough higher again on Monday morning.The Federal Reserve reported a huge drop in demand for its emergency liquidity services – a sign that financial markets are now stable.New York moves to phase two of re-opening, brining 300,000 back to work.Stocks are flying yet again
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