Cryptocurrency Analysis and News Portal
Bitcoin price is extending its decline below the $8,250 resistance area against the US Dollar.The price is likely to decline below the $8,000 and $7,800 support levels in the near term.There is a major bearish trend line forming with resistance near $8,150 on the hourly chart of the BTC/USD pair
Read More
Ripple price is currently correcting higher and is trading above $0.2520 against the US dollar.The price seems to be approaching a major resistance area near the $0.2600 level.This week’s crucial bearish trend line is intact with resistance near $0.2600 on the hourly chart of the XRP/USD pair (data source from
Read More
If bitcoin follows historical trends, it could tip $1 million by February 1st 2028. Based on extrapolating Timothy Peterson’s ‘never look back’ chart which tracks bitcoin’s lower troughs. The chart echoes Plan B’s ‘stock to flow’ model which puts BTC at $1 million near the end of the next decade. Plenty of analysts
Read More
A widely-followed economist says suppressing bitcoin price can kill the cryptocurrency. Research supports this assessment as retail traders still dominate the market share. The strong correlation between bitcoin and Google searches point to the vulnerability of retail traders to price manipulation. Alex Kruger, an economist and trader, took to Twitter to share his
Read More
Bitcoin looks set to test support at $7,520 after a bearish cross was confirmed Monday and recent gloomy China news. Source
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
If you have been invested in XRP or cryptocurrency for the past two years you will be acutely aware of the fact that the market is heavily manipulated. If like me, you are not a billionaire you may be wondering how such rampant price suppression is tolerated or even possible. It turns
Read More
Bitcoin (BTC) closed the week down almost 6% at $8,500. Altcoins performed slightly better than BTC but collectively also closed lower for the week, down 3.5% against the dollar. Bitcoin dominance remains relatively flat and continues to hold 68% of the total share of the cryptocurrency market.Monday has brought
Read More
AnalysisWhen looking at the chart below we can see that Ethereum (ETH)trade is currently trading at $184. It can also be observed that the second-largest cryptocurrency’s price is trading within the channel with the upper limit at around $185 acting as resistance and the lower limit of the channel at
Read More
After a poor drag down last week, the overall cryptocurrency market is showing signs of mild recovery today. While the crypto markets are eyeing a northward journey, Bitcoin still looks hesitant to take the lead.Last week, Bitcoin took a hit as the BTC price first slipped below $9000 and later
Read More