Cryptocurrency Analysis and News Portal
After an attempt to break through the multi-week low of $8,400 this weekend, Bitcoin bounced back. Hard. Over the past 24 hours, the cryptocurrency has surged higher from $8,600 to as high as $8,970, nearing $9,000 for the first time since the brutal breakdown on February 26th. Below, the recent price
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Over the past 36 hours, Bitcoin has finally started to show signs of strength after the brutal 10% sell-off earlier this week. From the week’s most traded price at $9,600, the cryptocurrency has pressed higher to $10,000 as of the time of writing this, seemingly to establish a short-term candle
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Over the past 30 minutes, the crypto market has mounted a surprise recovery: Bitcoin, after flatlining around $9,650 for some 36 hours, surged higher just this hour, reaching as high as $9,945 just minutes ago as of the time of this article’s writing.This rapid 2% gain from $9,700 liquidated a
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The aggregated crypto market has been caught within a firm upwards tailwind that has resulted from Bitcoin’s rally up towards $10,000, with this bullishness allowing many major altcoins to post significant gains.Analysts are now noting that the aggregated altcoin market has now broken above a key resistance level, leading many
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Bitcoin cash price is up around 10% from the $200 support area against the US Dollar.The price is currently consolidating gains and it seems to be setting up for more gains above $225.There is a short term declining channel forming with resistance near $222 on the hourly chart of the
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Ethereum is showing positive signs above the $150 and $152 resistance levels against the US Dollar.The price is currently trading near the $155 resistance and it could rise further.There is a short term bullish flag forming with resistance near $155 on the hourly chart of ETH/USD (data feed via Kraken).The
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Ripple price is slowly moving higher towards the $0.2950 resistance area against the US dollar.The price is facing an uphill task near the $0.2950 and $0.2980 resistance levels.There is a major bearish trend line forming with resistance near $0.2950 on the hourly chart of the XRP/USD pair (data source from
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Major United States investment management firm VanEck has listed four reasons why Bitcoin (BTC) improves an investment portfolio upside.On Oct. 8, VanEck released research titled “The Investment Case for Bitcoin,” aiming to determine what role the cryptocurrency can play in an investment portfolio. According to VanEck, a firm that
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During periods of times when assets consolidate and price action becomes exceptionally confusing, some crypto analysts will occasionally flip their Bitcoin price charts upside down in an to attempt to remove any preconceived bias from their technical analysis.One prominent crypto analyst has done just that, and Bitcoin’s current price action
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ETH price stayed above the key $175 support and recovered recently against the US Dollar.Bitcoin price is trading nicely and it recently broke the key $10,250 resistance area.This week’s followed major bearish trend line was breached with resistance near $178 on the hourly chart of ETH/USD (data feed via Kraken).The
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