Cryptocurrency Analysis and News Portal
When we observe the chart below we can see that Ripple (XRP)trade is trading at $0.1983. It has recently broken the the support level of $0.2053 and then another support level at $0.1981.The digital currency is in a clear downtrend and is seen to have found some base at $0.1916,
Read More
Bitcoin price is slowly declining and it recently broke the $7,200 support area against the US Dollar.The price is currently consolidating above $7,100 and likely to continue lower.Yesterday’s key declining channel is still active with resistance near $7,320 on the hourly chart of the BTC/USD pair (data feed from Kraken).The
Read More
Ripple price is down 5% and it broke the key $0.2420 support area against the US dollar.The price tagged the $0.2350 support area and it is currently correcting higher.There is a new bearish trend line forming with resistance near $0.2450 on the hourly chart of the XRP/USD pair (data source
Read More
Ethereum is currently consolidating losses above the $172 support against the US Dollar.Bitcoin price is also consolidating above the key $8,000 support area.There is a new connecting bearish trend line forming with resistance near $176 on the hourly chart of ETH/USD (data feed via Kraken).The price is likely to continue
Read More
The European Central Bank under the new leadership of Legarde, has confirmed work on the digital Euro is underway with ‘several options’ being considered. This news comes as numerous countries also announced their intention to move from fiat to digital currencies moving towards a cashless society everywhere. My message is that while
Read More
Ripple price is declining and trading below the $0.2560 pivot level against the US dollar.Bitcoin is down more than 3% today and Ethereum broke a major support near $178.There is a new connecting bearish trend line forming with resistance near $0.2530 on the hourly chart of the XRP/USD pair (data
Read More
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
Read More
Bitcoin (BTC) bull and co-founder of Gemini crypto exchange Cameron Winklevoss has noted that the volume of negative interest bonds accounts for $17 trillion and has urged the public to buy Bitcoin. In an Oct. 17 tweet. Winklevoss wrote:“$17 trillion dollars are currently held in negative interest bonds. 17
Read More
AnalysisWhen looking at the chart below we see that Bitcoin(BTC)trade is currently trading at $8,014. It is also seen that the price is still trading between the channels, with the upper limit at $8,436 acting as resistance and the lower limit is at $7,927 acting as support.Currently the cryptocurrency’s price
Read More
Bitcoin price is struggling to correct above the $8,350 and $8,400 resistances against the US Dollar.The price is currently correcting higher after trading as low as $8,146.Recently, there was a break below a key ascending channel with support near $8,340 on the hourly chart of the BTC/USD pair (data feed
Read More