Cryptocurrency Analysis and News Portal
Bitcoin is looking south after erasing three-quarters of the price rally seen in October. The bearish mood comes as the U.S. equities market is soaring in the opposite direction. Source
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To a new investor entering the crypto-space sights like today’s 3.5% pump to $9,141 is enough to make you giddy with excitement about the future of cryptocurrency.But is it that impressive? After all, Bitcoin (BTC) price was $9,300 last week, which is $200 higher than it is now. So
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Two weeks ago, Bitcoin price set a record for its third-largest 24-hour gain in the young asset’s short history, rocketing from $7,400 to $10,500 from low to high.After weeks of consolidation, the crypto asset has run out of steam and has begun to fall, first breaking below support at $9,000
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View Bitcoin’s repeated failure to produce a strong bounce from key support indicates the bullish sentiment has fizzled somewhat. Failure to hold above a bearish MA on the longer-term chart indicates scope for a deeper drop. BTC risks falling to $8,800
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Ethereum price is rising and it broke the key $185 and $186 resistance levels against the US Dollar.Bitcoin is up around 3% and it managed to climb above the $9,400 resistance.There is a new bullish trend line forming with support near $185 on the hourly chart of ETH/USD (data feed
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Crypto commenters have torn into a new research paper alleging a single whale caused bitcoin’s 2017 price rally. The paper, reported prominently in Bloomberg and the Wall Street Journal, has
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ETH price found support near the $178 zone and is correcting higher against the US Dollar.The price is currently consolidating above the $180 support area, with a few positive signs.There is a major bullish trend line forming with support near $182 on the 4-hours chart of ETH/USD (data feed via
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Over the past few weeks, Ether (ETH) has tracked Bitcoin’s (BTC) price action and observant traders have deftly played reversals off double bottoms and back to back bounces at the $162 and $153 support. A comparison of the daily and weekly charts of Ether and Bitcoin highlights a number
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Bitcoin price is holding the key $9,000 support area against the US Dollar.The price is facing a couple of short term resistances near the $9,200 and $9,400 levels.This week’s followed major bearish trend line is active with resistance near $9,150 on the hourly chart of the BTC/USD pair (data feed
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Bitcoin price is currently correcting lower and is trading below $9,500 against the US Dollar.The price is likely to decline further towards $8,700 before it could rise again.Yesterday’s highlighted key bearish trend line is intact with resistance near $9,460 on the hourly chart of the BTC/USD pair (data feed from
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