While Bitcoin remains relatively calm in its comfort price territory, lots of alternative coins have been fluctuating significantly. Decentralized finance (DeFi) and some prominent developments from several projects initiated serious price increases for various altcoins, and given the decrease in Bitcoin’s dominance, a new altcoin season booms. Chainlink (LINK) continues to impress with its performance,...Read More
The weekend turns out to be a rather boring one again for Bitcoin’s price as the asset continues hovering at about $9,150. However, the fluctuations within the altcoin market attract attention, with numerous double-digit gainers, led by Binance’s most recent acquisition – Swipe. Twitter Hack And Bitcoin After the blatant Twitter hack earlier this week,...Read More
Bitcoin remains in its quite familiar range between $9,000 and $9,300 after a 2% increase from yesterday’s low. The most prominent US-based indexes registered similar increases yesterday, confirming the high correlation levels between the two asset groups. Bitcoin And Altcoins Recover As reported yesterday, the price for the primary cryptocurrency decreased to $9,050 on some...Read More
Binance Coin lost 3% over the past hours following a quick drop in Bitcoin’s price. The price continues to face rejection at a crucial resistance line after seven days of recovery. After the breakout, BNB consolidated and dropped back inside a demand zone of 0.0165 BTC BNB/USD: BNB Rejects At Resistance Line Key Resistance Levels:...Read More
After failing to reclaim the $9,300 mark yesterday, Bitcoin’s price went on a negative spiral down to $8,950 on some exchanges. As it typically happens, most alternative coins followed the adverse move and have charted losses in the past 24 hours. Bitcoin Dips Below $9k As reported yesterday, the primary cryptocurrency made an indecisive attempt...Read More
The past 24 hours have been relatively calm for the leading cryptocurrencies by market capitalization. As of writing these lines, Bitcoin is trading today in a tight range around $9,200. From a technical standpoint, the range between $9,200 – $9,300 is the first significant resistance level for the primary cryptocurrency. If it breaks it successfully,...Read More
Following a quick bounce from $13.6, BNB is now facing a crucial resistance at $17.3. The price is currently in the middle of consolidation, deciding the next major direction. Binance Coin is looking for more gains after dropping below long-term support at 0.0018 BTC level. BNB/USD: BNB Building Up For A Big Move Key Resistance...Read More
Binance Coin is currently positioned in a downward direction. BNB may regain momentum if buying volume continues to increase again. The price dropped beneath 7-month support following a considerable selling pressure from 0.0023 BTC. BNB/USD: Binance Coin Remains Under Correction Key Resistance Levels: $18.7 Key Support Levels: $16, $14.9 BNB/USD. Source: TradingView Following the latest...Read More
2020 has been a tumultuous year for the cryptocurrency market so far. Starting off great in the first couple of months, prices collapsed mid-March, largely because of fears induced by the spread of the novel coronavirus (COVID-19). In any case, there is one digital currency that seems to be particularly overlooked and that’s Binance Coin...Read More
Bitcoin Bitcoin saw a small 2.6% price increase from where it was trading seven days ago. However, it had dropped substantially throughout the week. The cryptocurrency fell beneath support at the rising trend line to find additional support at the $6,447 level (short term .618 Fib Retracement). From here, Bitcoin rebounded yesterday to climb back...Read More
Binance Coin surged 5% to reach a current daily high of $15.1 but facing strong resistance around that area. Against Bitcoin, BNB reached 0.0022 BTC after breaking a four-week high today The price action is looking bullish on the 4-hours chart, but BNB remained neutral since the wedge breakout against the US Dollar BNB/USD: BNB...Read More
A break above the 4-hours triangle pattern would confirm a fresh uptrend for Binance Coin. BNB bulls are waiting to take over the market after pushing relentlessly from three weeks low Binance Coin is holding tight above two weeks support across its trading pairs BNB/USD: BNB Waiting For Surge As Price Consolidates Key Resistance Levels:...Read More
The novel coronavirus took the world by a storm. Starting in China, the virus has now spread throughout the globe, with thousands of cases being reported in Europe, Asia, and even the US. This brought a catastrophe on the traditional financial and stock markets, as major global indexes crashed in a way that was more...Read More
BNB is under strong bearish watch across trading pairs, but it may halt at key demand areas. Despite the considerable price dumps, BNB remains the 9th largest cryptocurrency in terms of market cap. If BNB fails to bounce back at immediate support, a big sell action can be expected. BNB/USD: BNB Signaled Mid-Term Bearish After...Read More
Bitcoin Bitcoin witnessed a turbulent week after dropping by a total of 5.5% to bring the cryptocurrency back beneath $10,000. During the sell-off, Bitcoin fell beneath the previous rising price channel but has managed to rebound at support at $9,552, provided by a short term .236 Fib Retracement. Looking ahead, if the buyers push higher,...Read More
Binance Coin is still trading well above weekly support across trading pairs The intraday trading looks bullish for BNB despite Bitcoin’s drop Bulls continue to show strong commitment against BTC. BNB/USD: BNB Charts 6% Gains As Bullish Sentiment Remains Strong Key Resistance Levels: $26, $30 Key Support Levels: $22, $19 BNB/USD. Source: TradingView Over the...Read More
Binance Coin saw a sharp increase of 9.8% over the past 24 hours as the coin rises to $21.50. Against Bitcoin, BNB has also increased to create a fresh 2 month high at 0.00219 BTC. Binance Coin has now climbed back into the top 10 ranked projects as it sits in the 9th position with...Read More
Binance Coin has seen an impressive 27.5% price hike this month, bringing it up to $16.83 Against BTC, BNB rebounded from support at 0.00179 BTC at the start of 2020 to climb to the current 0.002 BTC level. Binance Coin has dropped a small 5% this week after meeting resistance at the 100-days EMA and...Read More
BNB is under a bearish threat with a double-top pattern. Surrounding fundamentals could keep buyers alive for the next rally. Despite bearish signs, BNB remains bullish on a short-term trend. Following a recent tweet by Changpeng Zhao @CZ_Binance: a new token sale of WazirX (WRX) was announced to take place on the Binance launchpad next...Read More
Bitcoin Bitcoin went through a rollercoaster of price action this week. On Monday, the cryptocurrency started to fall, and it dropped by a total of 10% by Tuesday to reach a low of $6,430. However, after that, it rebounded higher, gaining a total of 15% to climb back above the $7,000 level and reach the...Read More