The native coin of the Binance exchange has some interesting numbers in its kitty. The BNB is up by 148.4% in 2019 as per Coingecko data. Also, the Binance coin has gained 35702.5% since its All-time low in Oct 2017. BNB has seen activity throughout the year as Binance Exchange is updating and welcoming new...Read More
Bitcoin Cash, the would-be de-facto BTC is as popular as its namesake. BCH is the 5th position as per market capitalization. There seems to be a recent activity in the crypto industry related to Bitcoin cash. Rakuten, an e-commerce giant in Japan has decided to allow users to convert their loyalty points to BTC, BCH....Read More
Bitcoin attempted to regain some of the losses from this month as it increased by a small 1.26% this week. The cryptocurrency remained supported at $7,123 and even spiked higher to meet the December resistance at the $7,886 level. Bitcoin is now trapped within a range between $7,686 and $7,123 and must break this range...Read More
The crypto world is as intriguing as it could be. Ethereum blockchain divided itself into Ethereum and Ethereum Classic after a hard fork. However, Ethereum Classic had only one problem in its kitty. There was no backward compatibility of ETC with the Ethereum blockchain after a hard fork. With a recent announcement, the upcoming Jan...Read More
The year 2019 has been kind of overwhelming for Cardona (ADA) with major highs and lows. The coin had reached its high in July 2019. Since then, the coin has been in a bearish trend, often being in the red zone. The past week had been better for ADA as it has seen growth in...Read More
Tezos fell by a steep 10% this week, making it the weakest performing altcoin out of the top 10 projects. Against Bitcoin, the cryptocurrency remains above strong support at 0.0002 BTC. Tezos still has surged by a total of 42% over the past three months as it climbs into the 10th ranked position. Key Support...Read More
Ripple has a great end to Year 2019. The network announced that it has earned $200M funding in a Series C investment. The Series C was led by Tetragon with participation from SBI Holdings and Route 66 Ventures. Ripple plans to use these funds to accelerate XRP adoption globally. Following the news, XRP price saw...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
EOS saw a slight increase of 5.25% over the past 24, and it now trades at $2.42. The cryptocurrency is trading sideways against BTC within a 6-month old symmetrical triangle. EOS has been climbing the rankings as it reaches the 7th position with a $2.28 billion market cap. Key Support & Resistance Levels EOS/USD Support:...Read More
Tron saw a sharp 25% price fall over the past month, causing it to drop into the $0.0129 level. The cryptocurrency is struggling against BTC after falling beneath a rising trend line in early December. Tron could rebound higher from here as the Stochastic RSI lines up for a bullish crossover signal. Key Support &...Read More
After a large spell of a downtrend, the crypto market seems to be holding ground for the last 24hrs. The cryptos have bounced back remarkably since the same time the previous day. Let us analyze how each crypto – BTC, XRP, ETH, BCH- is affected. Data collected from CoinGecko BTC The leading crypto Bitcoin has...Read More
Tezos dropped by almost 8% over the past 5 days, bringing the price down to the $1.64 level. The cryptocurrency remains strong against BTC as it attempts to break the 0.00025 resistance. Tezos remains the strongest performing major altcoin over the past month and it got listed on Bittrex. Key Support & Resistance Levels XTZ/USD...Read More
On Tuesday, December 17th, the LTC cryptocurrency is declining, trading at $39.76. On D1, there is a downtrend developing. Upon reaching 76.0% and an attempt of a pullback to 61.8% Fibo, the quotations formed another declining wave. They have renewed the previous daily minimums and headed for the yearly fractal support line at $22.25. The...Read More
Most of the Crypto Market is bleeding red for weeks together. Although the cryptos were in the bearish zone, the plunge used to be bare minimum ranging from 0.5% to 3%, you can say. However, the last 24 hours seem to be very excruciating for the crypto market. Most of the altcoins are showing a...Read More
With Bitcoin and altcoins going bearish, traders are looking out for different options. One such altcoin is Ripple‘s XRP. XRP price at the moment is bleeding red. At the time of writing, SRP is in the 3rd position as per market capitalization. The XRP is trading at $0.213530 USD with a drop of 2.55%. The...Read More
Tezos price continued to increase by a further 10% the past week, XTZ trades for $1.72. The cryptocurrency is facing crucial resistance at 0.00025 BTC. Tezos had officially entered the exclusive club of the top 10 cryptocurrencies by market cap. Tezos (XTZ) Key Support & Resistance Levels XTZ/USD Support: $1.64, $1.54, $1.42. Resistance: $1.74, $1.85,...Read More
Bitcoin declined by 2.5% over the last week, dropping to the $7,220 level. The cryptocurrency has been trapped within a tight range between $7,708 and $7,123 for the entire period of December, thus far. A breakout of this range will dictate the direction Bitcoin will head toward over the following weeks. If the bulls continue...Read More
Lately, Bitcoin has seen a continuous bear zone. As a result, traders have shifted the focus onto altcoins. Some of the top ten altcoins are seeing uptrend as of writing. However, one altcoin, Tezos has surpassed a market capitalization of its previous altcoin and climbed one step higher to enter the top ten. Moreover, the...Read More
Litecoin, the 6th largest digital asset as per the market capitalization, has seen a decline in its price since Nov 15th, 2019. The crypto has declined further in the last 24hrs. With market cap of $2,793,841,561 USD, Litecoin is trading at $43.77 USD. The LTC/USD price has seen a steady decline in the last month. ...Read More
Tezos surged by another 20% this week, allowing it to rise to the $1.56 level. The cryptocurrency now faces very strong resistance at the 0.0002 BTC level. Tezos is now the 11th largest cryptocurrency with a market cap upwards of $1 billion. Key Support & Resistance Levels XTZ/USD Support: $1.23, $1.17, $1.12, $1.00. Resistance: $1.34,...Read More
The native token of Matic Network, after a great deal of tug of war over an inaccurate claim, had slid down by 70%. However, the twitter feud resolved and the Matic network cleared their stance over this matter. The MATIC price fared poorly amidst this feud. MATIC Price analysis: MATIC token price is making a steady...Read More
Coinbase backed MATIC token, one of the popular IEO on the Binance Launchpad, faced an excruciating 24 hrs. The token has plunged 70% following an inaccurate claim from Samuel JJ Gosling, founder of a cryptocurrency evaluation platform, Validity. Samuel in his tweet claimed that Matic Network has transferred 1,495,322,715 $MATIC (15% of the supply) in...Read More
The U.S. partner of the Huobi Global exchange has decided to shut down its operations after just 18 months. Huobi announced the plans in a tweet titled “HBUS Cease to Operate”: “We regret to inform you that HBUS will need to cease operations so that it can return in a more integrated and impactful fashion...Read More
Istanbul hard fork on the Ethereum has officially taken place on block # 9069000 on Sunday, December 8th. A new era of Ethereum has arrived at 0:25 UTC this Sunday. The Istanbul hard-fork contains six distinct upgrades to improve performance, adjust the costs of opcodes, enable Ethereum and Zcash to interoperate, and enable more creative...Read More
Tezos continues to battle the 7-month old descending trend line to climb higher. The cryptocurrency looks ready to surge against Bitcoin as the Stochastic RSI lines up for a bullish crossover. Tezos climbed to the 14th position with a market cap of $935 million. Key Support & Resistance Levels XTZ/USD Support: $1.23, $1.17, $1.12, $1.00....Read More
Tezos had an effective year so far with a 185% YTD return. XTZ has been listed on many exchanges this year so far. Recently, Binance has added zero-fee Tezos staking on its exchange. Even Coinbase announced Tezos staking. As a result, the Tezos (XTZ) price has gained a surge since the announcement. Tezos Price Analysis:...Read More
After a bull run last week, ETH bottomed out at $168. The Ethereum price is finally recovering once again, this time aiming for the $180 level. Trading at $178 on Bitstamp at the time of writing, ETH peaked at $180 earlier today. Let’s see if there are any new developments in Ethereum since yesterday and...Read More
After a high $178 earlier this week, Ethereum price is having a hard time staying afloat above the $170 level. Currently trading at $169.32 on Bitfinex, the market seems to be recovering. Today wasn’t the best day for cryptocurrency as its market cap lost close to $10 billion in value. Let’s take a look at...Read More
Liteocin has seen a 2.77% price hike over the past 24 hours which has allowed the price to rise to the $68 mark. The cryptocurrency seems to be recovering after increasing by a total of 5.5% this week. However, Litecoin still has a long way ahead to gain back some of the 42% it lost...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, September 6th, the EOS remains in a narrow flat, chiefly trading around $3.30. On the daily timeframe, the EOS demonstrates the continuation of a downtrend, but the speed of falling has decreased. If it keeps declining, one of the critical aims is likely to be at...Read More
