Cryptocurrency Analysis and News Portal
Bitcoin started a strong decline after it broke the key $9,500 support against the US Dollar. BTC price is currently correcting higher from the $8,794 low, but upsides are likely to remain capped.Bitcoin is down more than 5% and it broke many key supports near $9,500 and $9,150.The price is
Read More
Ethereum is up more than 5% and it broke the key $205 resistance against the US Dollar. ETH price remains well supported and it is likely to continue higher towards $230.Ethereum is gaining traction and it recently surged above the $205 resistance zone.The price is trading near the $215 resistance,
Read More
Bitcoin traded as high as $9,950 and recently started a downside correction against the US Dollar. BTC price is likely to remains well supported above $9,000 and it could continue higher.Bitcoin is currently correcting lower from the $9,950 and $10,000 resistance levels.The price is still trading well above the $9,200
Read More
Since the lows that were experienced in March, both Bitcoin and the S&P 500 have been on a steep recovery.The leading cryptocurrency peaked at over 170% from the price of the March lows, while the S&P 500 gained from ~2,150 points to a recent high of 2,950 in dramatic fashion.Assets
Read More
All cryptocurrencies have suffered over the past few days, but XRP’s performance has been especially poor.From its $10,100 peak established late last week, Bitcoin is down 13% as of the time of this article’s writing.XRP, on the other hand, has shed more than 18% over that same time frame, underperforming
Read More
Bitcoin declined heavily from the $10,000 resistance against the US Dollar. BTC is currently correcting higher and it seems like the bulls are likely to push the price back above $9,000.Bitcoin found support above the key $8,200 and $8,000 pivot levels.A low is formed at $8,267 and the price is
Read More
Ethereum has been significantly underperforming Bitcoin in recent times. While the benchmark cryptocurrency is currently hovering around its multi-month highs, ETH is still trading significantly below where it was just over a week ago.This weakness against BTC is showing some tempered signs of degrading, however, as buyers were able to
Read More
Ethereum is showing positive signs above the $202 and $200 support levels against the US Dollar. ETH price is likely to accelerate higher towards the $220 and $225 levels in the near term.Ethereum is trading nicely above the $202 and $200 support levelsThe price is currently attempting an upside break
Read More
The Tom Demark (TD) Sequential indicator has proven to be essential in determining Bitcoin’s price action. This technical index was able to predict the most significant exhaustion’s points on BTC’s 1-day chart over the last three months.In mid-February, for instance, when the flagship cryptocurrency rose to a yearly high of
Read More
Bitcoin is struggling to gain bullish momentum above $9,200 against the US Dollar. BTC price is currently declining and it could continue to slide towards $8,400 or $8,200.Bitcoin is facing an increase in selling pressure below $9,200 and $9,000.The price is trading below the 100 hourly simple moving average and
Read More