Technical

There was a nice upward move in bitcoin price from the $6,435 low against the US Dollar.The price is now trading nicely above the $7,000 and $6,960 support levels.There is likely a bullish continuation pattern forming resistance near $7,180 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The price could decline a...Read More

The total crypto market cap is likely preparing for the next move above $190.0B.Bitcoin price is holding the main $7,000 pivot level and consolidating gains.Litecoin (LTC) price is currently struggling to settle above the $40.00 region.Bitcoin cash price is consolidating near the $185 level, with hurdles near $192 and $195.EOS price is likely to slowly...Read More

A sudden bounce back led bitcoin to register its biggest daily gain in seven weeks.Earlier this week, the cryptocurrency had fallen by up to 9.91 percent on Coinbase exchange.The latest push upwards flashes an interim bullish setup.Bitcoin on Wednesday surged by more than 10 percent to register its biggest daily gain since October 25.The leading...Read More

Ripple price is currently correcting higher from the $0.1741 low against the US dollar.It seems like the bulls are struggling to clear the $0.2000 resistance area.Yesterday’s highlighted major bearish trend line is active with resistance near $0.2050 on the hourly chart of the XRP/USD pair (data source from Kraken).Bitcoin rallied more than 10% and Ethereum...Read More

People who believe bitcoin is currently in a bull market just because it avoided a drop below $6,400 are wrong, according to Alex Krüger.The prominent market analyst made bold comments about halving, an event that would reduce the bitcoin mining reward from 12.5 BTC to 6.25 BTC effectively from May 2020. Krüger refuted popular price...Read More

Bitcoin has closed below its long-term support as it dropped to $6,430 on BitMEX.The breakdown brings the cryptocurrency’s 200-weekly moving average in view as the next pullback target.The said MA in December 2018 had capped the asset’s downtrend from flourishing.As of now, it sits near the lower-$5,000 levels.Bitcoin risks plunging to its eight-month low after...Read More

Ripple price is diving below $0.1900 and it recently traded to a new 2-year low against the US dollar.It broke a significant support, opening the doors for further losses below $0.1800.There is a key bearish trend line forming with resistance near $0.2100 on the 4-hours chart of the XRP/USD pair (data source from Kraken).BTC and...Read More

Bitcoin price is down around 4% and it broke the key $7,000 support against the US Dollar.The price is likely to continue lower towards $6,500 or $6,200 in the near term.There is a short term contracting triangle forming with resistance near $6,880 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair...Read More

Ripple price is down close to 6% and it broke the $0.2050 support area against the US dollar.The price is likely to continue lower below $0.2000 and $0.1980 in the near term.Earlier, there was a break below a couple of bearish continuation patterns with support near $0.2120 and $0.2050 on the hourly chart of the...Read More

Bitcoin has plunged by approximately 50 percent from its 2019 peak. And the cryptocurrency is hinting to continue trending downwards before the year’s close. The negative sentiment in its market, nevertheless, is benefiting rival cryptocurrencies.That is particularly true for XTZ, the native asset of Tezos, a proof-of-stake blockchain project whose market valuation has grown twofold across...Read More

The total crypto market cap is trading well below the $192.0B and $200.0B resistance levels.Bitcoin price is struggling to stay above the main $7,000 support area.EOS price is declining and it is likely to trade below the $2.500 support area.Binance Coin (BNB) is approaching the key $14.00 support area.BCH price is still holding the main...Read More

Ethereum is struggling to recover above the $144 and $146 resistance levels against the US Dollar.The price is facing an uphill task and it could continue to move down below $140.There is a key bearish trend line forming with resistance near $143 on the hourly chart of ETH/USD (data feed via Kraken).The price remains at...Read More

ETH price is trading in a bearish zone below the $142 and $146 resistance levels against the US Dollar.The price is declining and it seems like it could continue to drop below $140.There is a major bearish trend line forming with resistance near $142 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair...Read More

Ripple price is struggling to recover above the $0.2200 resistance area against the US dollar.The price remains at a risk of more downsides below the $0.2180 support area.There is a declining channel forming with resistance near $0.2210 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum recovered a few points, but it...Read More

Bitcoin price is declining and it is now trading below the $7,200 support against the US Dollar.The price is likely to struggle near the $7,200 and $7,280 levels if it corrects higher.There is a key bearish trend line forming with resistance near $7,190 on the hourly chart of the BTC/USD pair (data feed from Kraken).The...Read More