Cryptocurrency Analysis and News Portal
Ethereum is down more than 10% from the $190 swing high against the US Dollar. ETH price is currently consolidating above $165 and facing key hurdles near the 100 hourly SMA.Ethereum declined sharply below the $175 support and tested the $165 zone.The price is currently consolidating losses and it might
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Bitcoin broke below $7,000-support after US oil futures slipped into negative territory for the first time.The cryptocurrency’s latest plunge has alerted an old bearish setup that ensures its rate near $5,300.Positive fundamentals are holding bitcoin above key support levels for now.Bitcoin failed to sustain above $7,000 after the US oil
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Ripple is down more than 5% and it broke the key $0.1850 support against the US Dollar. XRP price is correcting losses, but upsides are likely to remain capped near $0.1850 or $0.1880.Ripple price is showing bearish signs below the $0.1880 pivot level against the US dollar.The previous key support
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MATIC is trending sideways after bottoming out in mid-March.The underperforming token is, nevertheless, flirting with key resistance area to pursue a breakout.Favorable fundamentals hint a near-term bullish scenario for the cryptocurrency.Matic, a cryptocurrency that underwent a huge pump-and-dump last year, has been unable to revive its bullish momentum in 2020.The
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Ripple is forming a strong support base above $0.1850 against the US Dollar. XRP price is likely to continue higher and it might surge above the $0.1980-$0.2000 resistance zone.Ripple price likely to remain well bid above the $0.1850 support area against the US dollar.Two key hurdles are forming on the
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After falling as low as $6,500 this week seemingly due to stock market weakness, Bitcoin has mounted a strong comeback over the past 24 hours, rallying as high as $7,200 as bulls have taken over. Other cryptocurrencies have registered even more impressive gains.$8,000, some analysts say, is next for Bitcoin
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Bitcoin is currently correcting higher from the $6,559 swing low against the US Dollar. BTC price is now testing the 100 hourly SMA and it is likely to struggle near $6,960-$7,000.Bitcoin is slowly recovering higher after trading as low as $6,559 against the US Dollar.The bulls were able to push
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After the weekly close at the end of Sunday, Bitcoin tanked. The cryptocurrency rapidly fell from the $7,200 weekend highs to a low of $6,580 — all over the course of an explosive three-hour drop. With this, dozens of millions of BitMEX long positions were liquidated, forced to close as
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The sentiment of top traders on the short-term trend of the Bitcoin price remains mixed after BTC surged by more than five percent within less than six hours from $6,840 to $7,200.Some prominent traders believe that the Bitcoin price could range between $7,700 and $7,300, grinding upwards to the
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Over the past few days, the prices of crypto assets have slid lower after Bitcoin ended a strong multi-week rally at $7,470, since falling to $6,800 as of the time of this article’s writing. Bears, unfortunately, are expected to push this nascent market lower as a “strong sell signal” was
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