Cryptocurrency Analysis and News Portal
Ethereum is holding the main $144 support, but also struggling to rise against the US Dollar. The price is now trading below the previous support (now resistance) near $148. There is a key bearish trend line forming with resistance near $147 on the hourly chart of ETH/USD (data feed via Kraken). The price
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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of BTC/USDBitcoins worth 313 million USD were withdrawn through Bittrex.The SIX platform has added a derivative on the BTCOn W1, the Bitcoin continues the descending tendency inside the previous channel and has already reached 61.8% fibo. The next downside target may be
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This has been a mixed week, with some small gains and losses on Bitcoin (BTC) longs and small earnings on alt trades which I will discuss in the coming weeks. I would like to take this opportunity to explain a few things about my trading style and approach in
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In recent months, Bitcoin price has slowly descended from the 2019 high of $13,880 to the current levels of just above $8,130. This plunge is beginning to put weak miners out of business. In the past week, Bitcoin’s mining difficulty plunged 7% abruptly. That drop enabled miners to easily solve
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Ethereum price seems to be consolidating for quite some time above $180 against the US Dollar.The price could start a strong upward move above $190 as long as it is above $180.There is a short term ascending channel forming with support near $186 on the hourly chart of ETH/USD (data
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Ethereum price is trading nicely above the key $182 and $180 support levels against the US Dollar.The price is currently facing many resistances such as $187, $188 and $190.Recently, there was a break above a connecting bearish trend line with resistance near $185 on the hourly chart of ETH/USD (data
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Altcoins have been inching their way deeper into my trading routine and this seventh entry of the crypto trading journal features a newly opened position on VeChain (VET), as well as a timely buy of Stellar Lumens (XLM). I am still long on Bitcoin (BTC) from under $9,000, as
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ETH price is currently under pressure and is trading below the $175 level against the US Dollar.The price is trading above the $170 support area, but it is struggling to climb higher.There is a major contracting triangle forming with support near $170 on the hourly chart of ETH/USD (data feed
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Wyoming Blockchain Coalition president Caitlin Long has responded to the recent unrest in the money markets by analyzing the systemic fragility of the traditional financial sector as compared with Bitcoin (BTC).In a Medium blog post published on Sept. 25, Long made the argument that “at a systemic level, the
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Anticipation Builds as Bitcoin Price Holds Steady for Too Long September 2, 2019 by Ramiro Burgos Is the bitcoin price frustratingly calm for you too? Hold steady. The $10,000 USD level exposes our current lateral market to external factors for another month, meaning any News could turn on an major
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