Cryptocurrency Analysis and News Portal
ETH price remained in a positive zone and recently traded above the $275 resistance against the US Dollar.The price is currently correcting lower, but it remains well supported near $265 and $262.There is a major bullish trend line forming with support near $266 on the hourly chart of ETH/USD (data
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Last week, an annual forum featuring Russia’s top people from the economic sector was held in St. Petersburg, and cryptocurrencies were a hot topic there. Notably, government agents and state-controlled businesses were vocal about their interest in blockchain, but seemed to distance themselves from digital tokens.Meanwhile, the regulatory framework
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View Bitcoin’s short-term outlook has turned bearish, courtesy of Tuesday’s UTC close below the 30-day average of price. A key daily and 3-day chart indicator is also indicating an end of the price rally from December lows. Hence, BTC’s $400
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Research from United States-based blockchain intelligence firm Chainalysis indicates that only 1.3% of economic transactions for bitcoin (BTC) came from merchants in the first four months of 2019. The news was reported by Bloomberg on May 31.The low figure is ostensibly symptomatic of a speculative trend that Bloomberg suggests
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View Bitcoin bounced up from $8,420 on Wednesday, forming a bullish higher low. The 4-hour chart now shows a bull flag breakout. As a result, a rally to $9,000 looks possible. A pennant breakout confirmed on Sunday has already created
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View Bitcoin has retraced slightly from the one-year high of $8,940 reached earlier today. Any pullbacks could be short-lived, however, as buying pressure is currently the strongest in over five months, according to a weekly chart indicator. A pennant breakout on
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The total crypto market cap grinded higher and tested the $245.0B resistance area.Bitcoin price is currently consolidating near the $8,000 level.EOS price broke the $6.30 resistance and it is currently moving towards the $6.40 level.Binance Coin (BNB) is surging higher and it recently broke the $35.00 resistance.Bitcoin cash price is
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ETH price failed to move above the $265 resistance area and recently declined against the US Dollar.The price traded below the $258 and $252 support levels to start a short term bearish wave.This week’s important bullish trend line was breached with support at $256 on the hourly chart of ETH/USD
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View BTC has traded in a narrowing price range over the last 48 hours, aborting the immediate bullish view put forward by Sunday’s double-digit gains. A range breakdown, if confirmed, would allow a price drop toward $7,200. That looks likely
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Bitcoin price surged more than 10% and broke the key $8,000 barrier against the US Dollar.The price traded to a new 2019 high close to $8,180 and remains in a strong uptrend.There is a short term bullish pattern forming with resistance near $8,050 on the hourly chart of the BTC/USD
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