Bitcoin price bulls desire to nurture the uptrend hits a wall pat $7,000 as bearish grip strengthens. A bearish flag pattern support break would trigger declines likely to shatter several support areas to test $2,400. Bitcoin price is trading significantly higher from the recently formed 2020 low at $3,864. However, the king of cryptocurrencies is still in...
Bitcoin price upside capped under two critical zones; $6.850 and $7,000. The technical picture shows BTC/USD bulls largely in control they prepare for takeoff above $7,000. Many cryptocurrency analysts and enthusiasts do not buy the idea that Bitcoin has bottomed and is setting the stage for a grand rally to beat 2020 high around $10,500. Their skepticism is...
Ethereum price looks forward to rising triangle breakout following the consolidation around $140. ETH/USD has a short term bullish bias based on the up-trending RSI. Ethereum price is stuck under a key resistance (seller congestion zone) between $140 and $142. While the resistance at $142 is a hard nut to crack, sustaining gains above $140 is an uphill task...
Gold price renews the uptrend towards seven-year high, Michael Novogratz believes Bitcoin price rally will follow. Bitcoin price short term analysis shows that a return to $6,000 is necessary to create fresh demand in support of the rally to $8,000. The price of gold is soaring once again nearing its local high at $1,637.05/Oz. As the rally of the world’s...
Ripple stabilizes in the green, remaining technically poised for a surge above $0.1600. A breakout above the triangle resistance could catapult XRP/USD to tackle the hurdle at $0.1750 and $0.2000. Ripple price bulls are keen to hold onto the gains accrued on Tuesday ignoring the bearish wave across the board. Other major cryptocurrencies such as Bitcoin (BTC)...
Bitcoin price remains bullish after finding support at $6,500. BTC/USD bulls depend on the break above $7,000 to shift the recovery focus to $8,000. Bitcoin price has been dealing with extreme volatility levels mainly driven by the fear caused by the Coronavirus pandemic. However, the digital asset appears to be gaining resilience based on the recovery moves...
Bitcoin dropped by a total of 4% over the past 24 hours but managed to find support at $5,786 as it bounces back above $6,000. The cryptocurrency is holding strong whilst the world economy continues to collapse. Bitcoin fell by a total of 4% over the past 24 hours of trading. It had dropped much further lower but managed to find strong support at $5,786...
Ripple price rejection from $0.1750 breaks triangle support, risking a return to $0.12. XRP/USD hovers at $0.15; upside capped by the 50 SMA and the 38.2% Fibo at $0.1660. Ripple price staged a formidable recovery last week from lows under $0.15 to highs at $0.1750. The bullish wave came as a result of Bitcoin (BTC) surge towards $7,000. Note that Ripple...
Bitcoin price recovery from the weekend dip under $6,000 supported by the 50 SMA. A reversal above $6,000 is necessary to avert a possible dip to $5,000 in the short term. Bitcoin price recent bullish action tested the critical $7,000 level. However, the breakout above this zone failed to materialized leaving the largest cryptocurrency vulnerable to losses....
Bitcoin dropped by a total of 10% over the past 24 hours as it pushes back beneath $6,000. The cryptocurrency is currently trading above a short term trend line but if it breaks we might see Bitcoin heading beneath $4,800. Well, it seems that the bears are back in town as Bitcoin drops by a total of 10% today as it penetrates back beneath the $6,000 level...
XRP witnessed a 6% price decline over the past 24 hours of trading as it trades at $0.156. This latest price decline how now put XRP back into the trading range that its been trading within for over 9 days now. XRP suffered a 6% price decline over the past 24 hours of trading as it failed to break above resistance at $0.1667. It had made an attempt to break...
Bitcoin saw an impressive 23% price increase over the past 24 hours of trading as the cryptocurrency reaches above $6,700. Bitcoin is leading the charge and it is allowing a lot of the cryptocurrency market to recover in its path. Bitcoin continues to buck the overall trend for the economy as it increases by an enormous 24% today. The cryptocurrency broke...
Ethereum saw another 18% price increase today as the cryptocurrency climbs above $150. It has since fallen back beneath to trade at $145. Ethereum saw another 18% price increase today after seeing a 12% price increase yesterday. The cryptocurrency traded as high as $153 before it fell back beneath $150 to reach the current $145 price. This latest price...
Ripple price recovery to $0.1745, renewing bullish interest as focus shifts to $0.25. A breakout from the triangle pattern is likely to send XRP/USD soaring towards $0.25. Ripple price bullish action on Thursday was just but the beginning of an extended recovery with the bullseye at $0.25. Recovery from last week’s dip to $0.10 stalled in a narrow range...
The Coronavirus menace fails to slow down Bitcoin price recovery above $6,000. Bitcoin price prevailing technical picture has a bearish bias but support is expected at $6,000. The king of cryptocurrencies, Bitcoin has in the last 24 hours epitomized the ability to recovery amid the ongoing Coronavirus menace. The largest crypto by market capitalization...
Bitcoin saw a 6.5% price increase over the past 24 hours of trading as it tries to head back toward $6,000 The cryptocurrency recently broke above a short term consolidation pattern but must break $6,000 before we can become slightly optimistic. Whilst the wider economy continues to tank Bitcoin is seeing some form of relief as it increases by 6.5% over the...
Ethereum saw a 12% price hike over the past 24 hours of trading as the cryptocurrency makes an attempt at $130. This price increase is largely due to the fact that Bitcoin started to increase. Ethereum saw a 12% price rise over the last day of trading as it makes its way back toward $130. The cryptocurrency managed to find support at $110 during the March...
Etheruem saw a whopping 30% price decline today as it drops into $138. This price decline is largely caused by the market sell-off seen in Bitcoin. A risk-on situation has developed for Bitcoin as investors look to take out cash to hold or to put into safe-haven assets. This cryptocurrency wipe-out has extended into the altcoin markets and Ethereum is one of...