Cryptocurrency Analysis and News Portal
Ethereum is struggling to clear the key $152 resistance area against the US Dollar. The price is declining and it is now trading near the $146 support area. Yesterday’s major bullish trend line was breached with support near $148 on the hourly chart of ETH/USD (data feed via Kraken). The price could continue
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Ethereum price failed to continue above $190 and declined below $188 against the US Dollar.The price is currently correcting higher, but it is likely to face resistance near $187-$188.There is a connecting bearish trend line forming with resistance near $187 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin
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The total crypto market cap is currently in a range above the $230.0B support area.Bitcoin price is currently consolidating above the key $9,000 support area.EOS price is trading above the $3.200 support area and facing resistance near $3.350.BCH price is currently correcting lower and it is approaching the $280 support
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Ethereum price declined recently and traded below the $180 support area against the US Dollar.Bitcoin is under pressure and it seems to be struggling to stay above the $9,000 support.There is a new connecting bearish trend line forming with resistance near $183 on the hourly chart of ETH/USD (data feed
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Tuesday, Oct. 22 — Crypto markets are mostly showing red candlesticks, while Bitcoin (BTC) fails to impress with a sudden drop below the $8,100 price point.Cryptocurrency market daily overview. Source: Coin360Bitcoin was trading above the $8,200 price mark for the better part of the day, but has dipped below
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AnalysisWhen looking at the chart below we can see that Bitcoin(BTC)trade is currently trading at $8,168. Although an uptrend is supposedly seen, when looking closely we can recognize that the price is still between the channels and has failed to break the resistance of $8,255.So it is suggested not to
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Sunday, Sept. 8 — The price of Bitcoin (BTC) is holding around the $10,400 price mark, while altcoins are showing slight gains across the board.Market visualization. Source: Coin360Bitcoin has shown little price movement in the last 24 hours, hitting an intraday high of $10,580 while stabilizing close to $10,400
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Bitcoin could get remain stuck in a price range defined by $8,000 as support and $20,000 as resistance, believes Mike McGlone of Bloomberg Intelligence.The senior commodity strategist on Tuesday said bitcoin price is in an “extended hibernation” state because more people are storing the cryptocurrency like gold instead of trading
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