Cryptocurrency Analysis and News Portal
The bitcoin price spiked after regulated futures platform Bakkt announced it had received approval to launch in September. | Source: ShutterstockBy CCN Markets: Bakkt, a bitcoin futures trading platform operated by ICE, the parent company of the New York Stock Exchange (NYSE), finally received approval from the Commodities and
Read More
View Bitcoin’s repeated defense of the 100-day moving average signals seller exhaustion, but a break above $10,445 – the high of Thursday’s hammer candle – is needed to confirm a bull revival. A high-volume move above $10,445 would open the
Read More
Bitcoin (BTC) price fell below $10,000 once more on Aug. 16 after climbing as high as $10,440 in early trading. Market visualization. Source: Coin360Mixed signals for Bitcoin priceData from Coin360 spelled out another day of uninspiring performance for Bitcoin traders Friday, with BTC/USD failing to find support at five figures.This
Read More
Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar.The price is facing a strong resistance near the $10,350 and $10,400 levels.There is a major bearish trend line forming with resistance near $10,290 on the hourly chart of the BTC/USD pair (data feed from
Read More
Ripple price trimmed losses after it traded as low as $0.2336 against the US dollar.The price is currently trading above the $0.2500 pivot level with a few positive signs.A major contracting triangle pattern is forming with resistance near $0.2670 on the hourly chart of the XRP/USD pair (data source from
Read More
ETH price declined to a new monthly low at $173 and recently recovered against the US Dollar.There was a break above the $180 and $182 resistance levels.This week’s followed major bearish trend line is in place with resistance near $202 on the hourly chart of ETH/USD (data feed via Kraken).The
Read More