Cryptocurrency Analysis and News Portal
Ethereum is up more than 8% from the recent low of $115 against the US Dollar.The price is showing signs of a trend reversal, but it must surpass $135.Earlier, there was a break above a connecting bearish trend line with resistance near $122 on the hourly chart of ETH/USD (data
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ETH price is struggling to gain pace above the $152 and $158 resistance levels against the US Dollar.The price is currently holding the main $144 support area and breakdown zone.There is a key contracting triangle forming with resistance near $150 on the 4-hours chart of ETH/USD (data feed via Kraken).The
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Bitcoin price is recovering and it recently broke the main $7,375 and $7,400 resistances against the US Dollar.The price is likely to start a strong rise to $8,000 once it clears the $7,700 resistance.There is a short term contracting triangle forming with resistance near $7,540 on the hourly chart of
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Stepping back, the cryptocurrency ran into selling pressure near $7,350 on Nov. 24 and fell to six-month lows near $6,500 on the following day. The drop, however, was short-lived and prices quickly rose back to $7,380 before printing a UTC close at $7,159 on Nov. 26. The recovery from
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Bitcoin (BTC) closed the week down almost 6% at $8,500. Altcoins performed slightly better than BTC but collectively also closed lower for the week, down 3.5% against the dollar. Bitcoin dominance remains relatively flat and continues to hold 68% of the total share of the cryptocurrency market.Monday has brought
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Canadian social media and messaging app Kik has revealed it’s “here to stay,” in an apparent reversal of earlier plans to shut down amid legal difficulties.In an official tweet posted on Oct. 13, the company announced:“Great news: Kik is here to stay!!!!AND there’s some really exciting plans for making
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Bitcoin price is up more than 5% and it broke the key $8,500 resistance against the US Dollar.The price is currently consolidating gains above the $8,500 and $8,400 support levels.There is a short term breakout pattern forming with support near $8,540 on the hourly chart of the BTC/USD pair (data
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When the Binance ban for users in the United States was first announced a few months ago, the market feared that significant volume and money would exit. Interestingly enough, as the launch of Binance America nears, altcoins are suddenly starting to move upwards with decent volume. Sell the rumor, buy
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ETH price is finding a strong buying interest near the $165 level against the US Dollar.The price is currently climbing higher and testing a major resistance area near $180 and $182.There was a break above a major bearish trend line with resistance near $176 on the 4-hours chart of ETH/USD
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Bitcoin price surged higher and broke the main $10,000 and $10,200 resistances against the US Dollar.The price is currently consolidating below the next key resistance at $10,500-$10,525.This week’s followed key bearish trend line was breached with resistance near $9,880 on the hourly chart of the BTC/USD pair (data feed from
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