Cryptocurrency Analysis and News Portal
The digital currency space has seen rapid growth and expansion in 2019, with heightened interest from governments and global corporations. Cryptos recovered from the 2018 bear market, when with Bitcoin (BTC) crashed to as low as $3,800, leaving numerous experts to paint a gloomy picture of a longstanding bear
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Ripple price is slowly grinding higher and approaching the $0.2000 resistance against the US dollar.XRP seems to be forming a nice support near the $0.1940 and $0.1925 levels.There is a key rising channel forming with support near $0.1945 on the hourly chart of the XRP/USD pair (data source from Kraken).The
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This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Ryan Zurrer is founder of Dialectic, a Swiss-based crypto-asset firm focused on on-chain opportunities. Previously, he led investments at Polychain Capital and served as
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Bitcoin price spiked towards $7,400, but it failed to retain strength against the US Dollar.The bulls need to protect the $7,120 and $7,000 support levels in the near term.There is a major bearish trend line active with resistance near $7,360 on the hourly chart of the BTC/USD pair (data feed
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Ethereum is still trading above the $122 and $125 support levels against the US Dollar.The price could start a decent increase above the $128 and $130 resistance levels.This week’s major bearish trend line was breached with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin spiked
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Bitcoin price failed to extend gains above $7,700 and declined more than $400 against the US Dollar.The price is now trading below $7,400 and it declined close to the $7,260 support area.Earlier, there was a break below a contacting triangle with support near $7,500 on the hourly chart of the
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On Sunday Bitcoin (BTC) price revved up to rally from $7,115 to $7,642, providing a 7% gain and an unexpectedly strong weekly close, which now has some analysts suggesting that a trend reversal is in the making. Cryptocurrency market daily overview. Source: Coin360The strong upside move brought the price above
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On Dec. 18 Bitcoin (BTC) price thrilled investors by providing a $1,000 move from $6,430 to $7,450 after bouncing off the descending channel trendline near $6,400. Multiple analysts from CryptoX contributor filbfilb to veteran commodities trader Peter Brandt all pointed to a popular logarithmic model that stressed the importance of
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Bitcoin price is showing a lot of bearish signs below the $7,280 resistance against the US Dollar. The price is likely to face resistance and selling interest near the $7,280 and $7,400 levels. There is a short term rising channel forming with resistance near $7,290 on the hourly chart of the BTC/USD
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Since Bitcoins were first launched in 2008, the world of cryptocurrency has been likened to an ecosystem that exists independently within the traditional financial framework. But after rapid growth in the early days, its progress has slowed.Today, there are those who recognise the benefits of a decentralised digital currency system
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