The last 3 weeks have been anything but fruitful for XRP’s valuation in the market. On 14 August, XRP breached its long term support of $0.291 and the price recorded its year-to-date low. At press time, the token had depreciated by 11.22 percent over the last three weeks and XRP’s price was at a low...Read More
The price of bitcoin surged by $5,000 on April 2, a 23 percent jump that many believe was sparked by an article published on April Fool’s Day. Its title was “SEC drops the Bomb: Approves Bitcoin ETFs.”ETFs, a backronym for Exchange-Traded Funds, have lately caught up with the imagination of cryptocurrency investors. To them, mingling...Read More
Bitcoin price extended its rally and climbed above the $10,500 and $10,650 resistances against the US Dollar.The price is currently correcting lower after trading to a new monthly high at $10,790.There is a major bullish trend line forming with support near $10,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price...Read More
The total crypto market cap extended its upside and climbed above the $255.0B resistance.Bitcoin price also gained traction and traded above the $10,500 and $10,600 levels.Litecoin (LTC) price is likely to break the $70.00 resistance area and it could continue higher.BCH price is above to surpass the main $300 resistance level in the near term.Tron...Read More
Ripple price made another attempt to settle above the key $0.2650 resistance against the US dollar.The price is currently correcting, but it remains well supported near the $0.2600 level.There is a breakout pattern forming with resistance near the $0.2650 level on the hourly chart of the XRP/USD pair (data source from Kraken).The price is likely...Read More
ETH price is still struggling to gain momentum above the $180-$181 resistance area against the US Dollar.The price is slowly moving lower and it could decline further towards the $174 support area.A major bullish trend line is at risk with support near $178 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin price is...Read More
Argentina’s besieged Macri government has imposed new restrictions on foreign currency in a bid to shore up the Peso and stabilize the economy. The maneuver will do little to douse concerns of legacy government and institutional capacity to ably manage economies. At the same time, distrust in government, central banks, and the fractional reserve system...Read More
Software developer Awemany has published a potential alternative approach to instant transactions on the Bitcoin Cash (BCH) network called “delta blocks” or Storm. The idea utilizes weak proof-of-work (PoW) for instant confirmations on Bitcoin Cash. The new Storm concept has piqued the interest of many BCH proponents who are eager to solve the instant or...Read More
This week, Litecoin creator Charlie Lee tweeted another round of criticism against Dash, claiming that the coin has become a highly centralized project. This is just the latest potshot in Lee’s long-running feud against Dash, which seems to have become his favorite target. Lee has even called Dash “trash” and “a scam“ in the past....Read More
Since the end of June, Ethereum’s price has been progressively declining as the bulls have failed to pick up pace after their 3-month run. ETH’s valuation dipped below the support of 239.43 and at press time, it was acting as a major resistance. Over the past week, the valuation witnessed another slump down to $163.9,...Read More
Bitcoin continued its ride to the upside as investors/speculators weighed in the prospects of dwindling government currencies.The benchmark cryptocurrency today established a session high of $10,500, bringing its five-day gains to as high as 12.44 percent on San Francisco-based Coinbase exchange. The move appeared after a depressive August, wherein bitcoin lost about 25 percent of...Read More
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 Kraken).The price is currently trading...Read More
The total crypto market cap recovered nicely and broke the key $250.0B resistance area.Bitcoin price is up more than 7% and it recently climbed above $10,400.Binance coin (BNB) price is also gaining momentum and it recently broke the $22.50 resistance.Litecoin (LTC) price is facing a few solid hurdles near the $68.00 and $70.00 levels.BCH price...Read More
ETH price recovered nicely above the $172 and $175 resistance levels against the US Dollar.The price is currently struggling to break an important resistance area near the $180 level.There is a new key bullish trend line forming with support near $175 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin price surged more than...Read More
As quantitative easing dampens faith in fiat, cryptocurrencies will only become more attractive. That’s one of the most startling assertions from Mark Mobius, founding partner of Mobius Capital Partners, who is in India this week to promote his new book, “Invest for Good.” The global economy has been propped up since the end of the...Read More
With interest in cryptocurrencies on the rise, many prospective investors are returning their attentions to Ripple Labs – the company best-known for strongly promoting the XRP cryptocurrency token and funding their bank-friendly technology with the billions of dollars it has reaped for them. Meanwhile, cat-owners and internet users are returning their attentions to another valuable...Read More
Bitcoin has been trending below $10,000 for quite a while now and most of Twitter is stressing that this will be the last time anyone will be able to buy Bitcoin at these levels. Be that as it may, Bitcoin touched $9,400 more than four times in the last 2 months or so. At press...Read More
XRP’s price has witnessed substantial volatility; over the past two weeks, XRP’s price slumped on various occasions but the valuation managed to exhibit a minor hike. 1-hour chart Source: Trading View In the 1-hour chart, it can be observed that the coin’s movement adhered to a falling wedge pattern before a bearish breakout unfolded. Generally,...Read More
Bitcoin posted modest gains in its September debut as the US introduced additional tariffs of 15 percent on $112 billion of Chinese goods.Bitcoin trending higher gradually | Image Credits: TradingView.comThe benchmark cryptocurrency added 0.20 percent to trade at $9,800 in early Monday morning, bringing its local net rebound up by as much as 5.8 percent –...Read More
Bitcoin price is currently correcting higher and is trading above $9,650 against the US Dollar.The price is struggling to break the $9,800 and $9,880 resistance levels.There is a major bearish trend line forming with resistance near $9,900 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price could only turn bullish after...Read More
The total crypto market cap is correcting higher towards the $250.0B resistance area.Bitcoin price is also approaching towards many hurdles near $9,800 and $10,000.BCH price is currently consolidating near the key $280 support area.EOS price is under pressure and it seems like it could struggle to climb above $3.350.Stellar (XLM) price is once again declining...Read More
Ripple price is trading in a downtrend below the $0.2600 and $0.2650 supports against the US dollar.The price is likely to extend its decline as long as it is below the $0.2650 level.There is a key bearish trend line forming with resistance near $0.2570 on the hourly chart of the XRP/USD pair (data source from...Read More
ETH price is currently correcting higher and is trading above $170 against the US Dollar.The price is likely to face a lot of hurdles on the upside near the $176, $178 and $180 levels.There is a connecting bullish trend line forming with support near $168 on the hourly chart of ETH/USD (data feed via Kraken).The...Read More
Ethereum’s price witnessed a hike in the last 24-hours as the coin registered a growth of 4.37 percent in an hour. Such a trajectory would usually spur positive sentiments among the community, but Ethereum’s market echoed everything but optimism at press time. At the time of writing, Ethereum was valued at $171.12. 12-hour chart Source:...Read More
XRP market has been experiencing the calm before the storm, as the price started consolidating once again. The third-largest digital asset displayed erratic behavior with the price failing to find stable footing. As it broke out of the bullish ascending triangle in the short term, gaining 3.40% growth, this growth was immediately negated by a...Read More
ETH price declined heavily and broke the key $185 and $180 supports against the US Dollar.The price is currently correcting higher and is trading near the $172 and $175 resistances.There is a major bearish trend line forming with resistance near $180 on the 4-hours chart of ETH/USD (data feed via Kraken).There could be a short...Read More
There was a major downward move below the $10,000 support in bitcoin price against the US Dollar.The price is currently correcting higher, but upsides remain capped near $9,800 and $10,000.There is a major bearish trend line forming with resistance near $9,980 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).There could be...Read More
If I got an XRP each time someone asked me about the price, I might have become a successful hodler! Addressing the elephant in the room -the question of XRP’s price swings in short-term; surprisingly the grass is green on this side of the coin as key indicators point towards a trend reversal. August was...Read More
Litecoin is facing death by the cross. Litecoin’s 2019 has taken a sharp U-Turn. Hailed as one of the top gainers among large-cap cryptocurrencies in the market, the fifth largest coin is staring down at an imminent bearish run. The digital silver’s massive gains of 2019, which took it to a 320 percent price high...Read More
Bitcoin price extended its decline and traded towards the $9,300 level against the US Dollar.The price is currently correcting higher, but it is likely to struggle near $9,600 and $9,760.There is a short term breakout pattern forming with resistance near $9,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is...Read More
