Cryptocurrency Analysis and News Portal
The digital money market was the most comprehensive in the positive segment zone on Monday as sentiment gave signs of progress contrasting with the previous seven days. Bitcoin price was drifting in the $7,400 region during early Asian trading.Although the vast majority of previous selling pressure has fallen, we haven’t
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Normally, this ongoing drop in prices, which comes only a month after a 42% expansion in a day, pushed the bulls to their limit. An eminent Twitter trader, Bitlord, said he had left the Bitcoin business due to the ongoing tumult in the market, denoting an indication of capitulation.Over the
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AnalysisWhen looking at the chart below, we can see that Bitcoin(BTC)trade is currently trading at $8,792. It can also be observed that the largest cryptocurrency’s price is back into the channel with an upper limit at $8,875 acting as resistance and the lower limit at $8,689 acting as support.Additionally, there
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Bitcoin price is up around 3% and it climbed above the $9,400 resistance against the US Dollar.The price is currently correcting lower after tagging the $9,600 resistance area.There is a key bullish trend line forming with support near $9,340 on the hourly chart of the BTC/USD pair (data feed from
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Ethereum price is rising steadily and trading well above the $188 support against the US Dollar.Bitcoin is facing hurdles near $9,500, but it is likely to continue higher in the near term.There is a new bullish trend line forming with support near $187 on the hourly chart of ETH/USD (data
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Ripple price is climbing higher and it recently surpassed the $0.2950 resistance against the US dollar.The price is moving towards $0.3000 and it could rally sharply above $0.3020.There is a rising channel forming with support near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken).The price
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Even a few years ago, not many would have thought that crypto M&A, or mergers and acquisitions, were ever going to be a thing. However, it needs to be kept in mind that the crypto space has grown and evolved at a remarkable pace over the course of the past
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ETH price is still struggling to gain momentum above the $180-$181 resistance area against the US Dollar.The price is slowly moving lower and it could decline further towards the $174 support area.A major bullish trend line is at risk with support near $178 on the hourly chart of ETH/USD (data
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EOS (EOS)trade is currently trading at $0.28194. Although the cryptocurrency’s price is in a uptrend, when considering the past price’s key points, it can be seen it is currently trading around its resistance. The resistance is also marked by formation of shooting star pattern.The resistance is at $0.2853 and support
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