Cryptocurrency Analysis and News Portal
Litecoin is started an upside correction from the $42.15 swing low against the US Dollar.The price is now trading above the $45.50 resistance, but it is well below $48.40 and $50.00.There is a major bearish trend line forming with resistance near $47.80 on the hourly chart of the LTC/USD pair
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Zooming out the lens a bit, there are at least three plausible reasons to think this sell-off may be just a hiccup for bitcoin. Source
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Bitcoin price could drop to $6,000s says Dave the Wave. BTC is set for its worst month in 2019. The cryptocurrency’s recovery was rejected at $7,400. The bitcoin price could retrace back to the $6,000 region but is unlikely to drop to the $5,000s, according to a prominent cryptocurrency trader. Technical analyst Dave the
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Ripple price is showing a lot of positive signs above the $0.2120 support against the US dollar.The price is likely to break the $0.2240 and $0.2270 resistance levels to continue higher.Yesterday’s key bearish trend line was breached with resistance near $0.2175 on the hourly chart of the XRP/USD pair (data
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Tuesday Nov. 26 — Most cryptocurrencies are back to trading sideways, including Bitcoin (BTC) which has not been able to find higher trading levels in the past 24 hours.Cryptocurrency market daily overview. Source: Coin360Bitcoin started the day at the $7,140 price mark, at which point the world’s largest crypto
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AnalysisThe chart below indicates that we can see that the Litecoin (LTC)trade price is trading at $46.92, while it can also be observed to be trading within the channel. The upper limit at $47.72 is acting as resistance and the lower limit at $45.54 is acting as support. It is
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The Crypto Fear and Greed Index hit its lowest value in months. The recent decline in prices took the market into “extreme fear.” The market tends to flourish in difficult circumstances. The Crypto Fear and Greed Index (CFGI) recently plummeted to its lowest value in months, signaling “extreme” levels of “fear” in the
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Bitcoin (BTC) returning to $10,000 next month may feel unlikely, but should not surprise anyone, says the creator of one of its most accurate price models.In a tweet on Nov. 25, PlanB, the Twitter analyst known for his Stock-to-Flow Bitcoin price charts, suggested BTC/USD could easily retake five figures
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Bitcoin price tested the crucial $6,500 support area and started an upside correction against the US Dollar.The price is up around 10% and it even settled above the $7,000 resistance area.Yesterday’s key bearish trend line was breached with resistance near $7,060 on the hourly chart of the BTC/USD pair (data
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Ripple price is currently correcting from the new monthly low of $0.2005 against the US dollar.The price might correct further higher, but the $0.2270 resistance is a crucial hurdle for buyers.There is a major bearish trend line forming with resistance near $0.2205 on the hourly chart of the XRP/USD pair
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