Cryptocurrency Analysis and News Portal
Overnight, the bitcoin price rose to as high as $7,642 and is up by more than $1,200 within five days. With the reversal, the dominant cryptocurrency crucially avoided miner capitulation and retest of an ascending channel dating back to 2015.#1: No bitcoin miner capitulation, at least for nowAs reported by
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Ethereum is struggling to recover above the $144 and $146 resistance levels against the US Dollar.The price is facing an uphill task and it could continue to move down below $140.There is a key bearish trend line forming with resistance near $143 on the hourly chart of ETH/USD (data feed
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Ethereum is slowly recovering from the $140 support area against the US Dollar. The price is currently facing resistance near the $145 level and the 100 hourly SMA. There was a break above this week’s key bearish trend line with resistance near $144 on the hourly chart of ETH/USD (data feed via
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Bitcoin is currently trimming gains after struggling to clear the $7,400 barrier against the US Dollar.The price is likely to stay above the $7,000 and $6,950 support levels in the near term.There is likely a bullish flag forming with resistance near $7,170 on the hourly chart of the BTC/USD pair
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The total crypto market cap started an upside correction after tagging $171.8B.Bitcoin price is up close to 10% and it is now trading above the $7,000 resistance.Litecoin (LTC) price is gaining momentum and it could test the $48.50 resistance area.Bitcoin cash price is climbing higher towards the main $220 and
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Monday, Nov. 25 — Cryptocurrency markets are showing mild signs of recovery, while Bitcoin (BTC) is fighting to stay above the $7,100 price mark.Cryptocurrency market daily overview. Source: Coin360Bitcoin started the day just above the $7,100 price mark, at which point the world’s largest crypto coin bounced off a local
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Ripple price is down close to 10% and it even traded close to the $0.2000 support against the US dollar.The price is currently correcting higher, but it is likely to struggle near $0.2180 and $0.2250.There is a key bearish trend line forming with resistance near $0.2250 on the hourly chart
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Sunday, Nov. 17 — Crypto markets are showing mild signs of recovery, while Bitcoin (BTC) stumbles above the $8,500 price mark.Cryptocurrency market daily overview. Source: Coin360For the better part of the day, the world’s largest cryptocurrency has been trading within a tight range between $8,500 and $8,600, while slowly
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Bitcoin price (BTC) is down around 1% on Monday, following a strong close to the week on Sunday with a move from lows of $7,875 to highs of over $8,300. The altcoins also bounced around 2% yesterday and have also failed to follow through today. Despite the strong close to
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There was a major downward move below the $10,000 support in bitcoin price against the US Dollar.The price is currently correcting higher, but upsides remain capped near $9,800 and $10,000.There is a major bearish trend line forming with resistance near $9,980 on the 4-hours chart of the BTC/USD pair (data
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