Cryptocurrency Analysis and News Portal
Bitcoin is currently correcting lower from the $9,950-$10,000 resistance zone against the US Dollar. BTC price is likely to bounce back as long as it is above the $9,500 support.Bitcoin is currently showing a few bearish signs, but it is still above key supports such as $9,500.The price is finding
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Ethereum suffered a severe correction over the weekend that saw its price plummet over 18%. The smart contracts giant went from trading at a high of $215 to recently hit a low of $175.5.Despite the significance of this retracement, multiple technical and fundamental reasons suggest that Ether is bound for
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Bitcoin (BTC) price dropped from $10,000 to $8,100 within just over a day, as it plunged by 9% in a single hour. It liquidated $200 million worth of shorts, obliterating the futures market.The three key reasons that triggered the immense Bitcoin correction were: strong multi-year resistance area above $10,000, whales
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The Bitcoin (BTC) price surpassed $10,000 on Thursday, completing a V-shape recovery from its fall to $3,600 back in March. Traders believe that the rally is just beginning for the top-ranked cryptocurrency by market capitalization as a confluence of positive factors is fueling the uptrend.Purely based on technicals, analysts anticipate
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From surging price and all-time-high hashrates to Paul Tudor Jones and narrative relevance, a look at the strength of BTC heading into next week’s halving.The bitcoin halving is just a few days away and the growing excitement is palpable. On this episode of The Breakdown, NLW argues the excitement is
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Ripple extended its rally above the $0.2200 resistance against the US Dollar. XRP price is showing many positive signs and it could continue to rise towards $0.2500 or $0.2600.Ripple price is up close to 10% and it climbed above the $0.2300 level against the US dollar.It tested the $0.2350 resistance
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Now just over two weeks out is 2020’s Bitcoin block reward reduction, also known as a “halving.” It’s an event that has become the topic of conversation for many watching the cryptocurrency space. The halving has become so hyped, in fact, that an extensive article on the subject was recently
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The Bitcoin (BTC) price has seen a strong rebound from $6,800 to $7,600 within a four-day span, recording a 12% increase. Two technical factors are likely to push BTC to $8,000 in the near-term as traders anticipate a strong weekly close.In the upcoming days, the 200-day simple moving average (SMA)
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The Bitcoin price (BTC) rallied to around $7,300 on April 3, and BTC is still holding onto the $6,700 support level, meaning the price could push the dominant cryptocurrency to the $8,000 area. But, a highly accurate hedge fund manager’s stock market warning could rattle the cryptocurrency market in
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Bitcoin prices plunged sharply over the first three months of the year as concerns about the global coronavirus pandemic and its impact on the economy grew.The benchmark cryptocurrency closed the year’s first quarter at a 10.53 percent loss, trading at circa $6,424 on Coinbase as the marked headed into April
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