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Since early May, the price of Bitcoin has been at a standstill in a tight range between $8,500 and $10,000. For most of the past month, BTC has remained between $9,000 and $9,500 as realized volatility hit a three-year low.According to Skew, the volatility of Bitcoin has dropped to levels
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XRP, the fourth-ranked cryptocurrency in the space, has been among the industry’s worst performers. Yet investors in the asset still hold out hope for a repeat of the massive pumps Ripple is known for.Key indicators reveal that the asset has reached a pivotal moment where a decision must be made.
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Ethereum traded to a new monthly high near $249 before correcting lower against the US Dollar. ETH price is currently trading nicely above $253 and it could rally again towards $250.ETH price is holding the main $235 support level and the $232 pivot level against the US Dollar.It is facing
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Bitcoin is slowly moving higher and it recently tested $9,300 against the US Dollar. BTC is now trading well above the 100 hourly SMA, and it is likely to surge above $9,300.Bitcoin is showing a few positive signs above the $9,200 and $9,150 levels.The price revisited the $9,300 resistance and
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Ethereum is up more than 4% and it surged above the $240 resistance against the US Dollar. ETH is currently showing a lot of bullish signs and it is likely to accelerate above $250.Ethereum is gaining bullish momentum and it is trading nicely above $240.The price traded close to the
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Bitcoin is currently declining and trading well below $9,500 against the US Dollar. BTC is likely to continue lower and it seems like the bears are aiming a break below $9,100 and $9,000.Bitcoin is facing an increase in selling pressure below the $9,500 pivot level.The price failed to clear the
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Bitcoin has mounted a strong recovery since the lows seen last week. The leading cryptocurrency traded as high as $9,750 on Saturday, over 13% higher than last weekend’s lows. Even still, there remain textbook technical indicators suggesting there is a “high chance” BTC sees a correction in the coming weeks. According
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Bitcoin Prices Face $10000 Resistance Without Strength to Cross It While Indicators Started to Go Down May 29, 2020 by Ramiro Burgos Bitcoin Prices Face $10000 Resistance Without Strength to Cross It While Indicators Started to Go Down Also Read: Bitcoin Prices Turbulent As Exhausted Indicators Drift In A Volatile Distribution
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Bitcoin is trading in a bearish zone below $9,000 against the US Dollar. BTC price is likely to accelerate lower if it breaks the $8,680 and $8,600 support levels.Bitcoin is declining and trading well below the key $9,100 pivot level.The price is likely to continue lower towards the $8,400 and
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New housing starts have hit a five-year low, while mortgage rates reached another record low last week. These two factors could lead to a reduction in the housing supply, which in turn will push up prices. As with the financial crisis of 2007-8, the downturn will likely have a
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