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
After testing $180 two days ago, ETH / USD bottomed out at $171 on Bitstamp. Right when the price hit that level, decent buy volume pumped the Ethereum price to $175. Due to lack of volume, the market since then has been trading sideways, just like most other cryptocurrencies today. Let’s go over any Ethereum...Read More
Another boring day in crypto where the markets don’t seem to be moving much. Most cryptocurrencies are trading sideways after a brief bull run last night. Let’s take a look at some of our favorite altcoins and see if the indicators tell us what’s to come ahead. Ethereum Price Analysis (ETH/USD) On today’s hourly chart,...Read More
LEOcoin Price Analysis (LEO/USD) LEOcoin has drastically dropped from where it closed yesterday at $1.1419 and is now changing hands at $1.1250. The downside pressure seemed to have gained support from the moving averages that are now suggesting a bearish sign. This is since the long-term SMA (A) has been gravitating above the short-term SMA...Read More
Let’s kick off a slow Wednesday with technical analysis for the three big Bs: BTC, BCH and BNB. Even though crypto markets may look like they are snoozing, the indicators are very much alive. Bitcoin Price Analysis (BTC/USD) BTC/USD has corrected gains to trade above resistance level $10501.68. An attempt to break above $10718.57 (R)...Read More
Binance Coin has seen a decrease of around 3.76% over the past 24 hours which brought its price to $21.59. BNB has been struggling as of late after dropping by 14% over the past week and with 22% over the past month. Binance is the seventh-largest cryptocurrency with a market cap of $3.39 billion but...Read More
Binance Coin has seen a decrease of around 3.76% over the past 24 hours which brought its price to $21.59. BNB has been struggling as of late after dropping by 14% over the past week and with 22% over the past month. Binance is the seventh-largest cryptocurrency with a market cap of $3.39 billion but...Read More
After a week of being in the doghouse, Bitcoin has finally broken through the $10,000 level and is back above it once again. BTC made a big move today right after Labor Day ended, jumping by almost $1000 in mere hours. Bitcoin is currently trading at $10,411 on Bitfinex, attempting once again to hold the...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, September 3rd, the TRX cryptocurrency remains under pressure, but there is no more aggressive selling. The instrument is generally trading around $0.0158. Tron Price Analysis In order to understand what is going on with TRX (TRON), let us have a look at the daily timeframe. Here,...Read More
Binance Coin Price Analysis (BNB/USD) On an intraday chart, BNB/USD pair has dug deep to trade below the $25.0000 level. However, it has maintained a downside mode with a dip of about 0.98% over the last 24hrs. A high volatile movement was also encountered with price hovering between $21.6957 and $21.1765 (Support and resistance level). ...Read More
After dropping by over $1,000 in a single day last week, Bitcoin has been trading sideways around the $9,500 range this weekend. The past couple hours have been exciting for the market though, because the Bitcoin price broke upwards and tested $9,800. It’s clear that the market will test the $10,000 level once again, as...Read More
