XRP/USD – Buyers Finally Break Above Symmetrical Triangle Key Support Levels: $0.26, $0.251, $0.245.Key Resistance Levels: $0.261, $0.271, $0.279. XRP went through a rollercoaster of price action yesterday as it reached as high as $0.271 (bearish .618 Fib) and as low as $0.228 (.618 Fib) during the 24 hours. The cryptocurrency had been trading within...Read More
Bitcoin has surged past $12,000 in the past several hours and it came just $200 away from marking a fresh 2020 high above $12,500. Interestingly, the alternative coins haven’t followed BTC’s move upwards, and Bitcoin has increased its dominance over the market. Bitcoin Nears A New 2020 High? The past few days have been quite...Read More
XRP/USD – Bulls Remain Inside Symmetrical Triangle Pattern Key Support Levels: $0.237, $0.23, $0.228. Key Resistance Levels: $0.251, $0.261, $0.271. XRP has not been outperforming over the past seven days, but it remains inside the boundaries of a symmetrical triangle. The coin failed to break the upper boundary last week, which caused it to head...Read More
Bitcoin finally made a move in the past 24 hours and surged to a new 7-week high of over $11,800. Interestingly, BTC’s price increase contrasted with the US stock markets as the three most prominent indexes closed yesterday’s trading session with serious losses. Bitcoin Spikes To $11,820 CryptoPotato reported yesterday that Bitcoin had remained relatively...Read More
Bitcoin has continued to overcome the recent adverse news and jumped to an intraday high of $11,550 a few hours ago. Ethereum has also increased in value to about $375, while most other large-cap altcoins remain relatively still. Bitcoin Sees A $11,550 High As reported yesterday, the weekend was fairly bullish for the cryptocurrency market....Read More
Bitcoin has overcome the recent price dip beneath $11,300 and currently hovers around $11,400. Most alternative coins have displayed relatively strong performances and the total market cap increased over the weekend. Bitcoin Back To $11,400 Bitcoin traded around $11,350 yesterday after a calm 24-hour period despite potentially impactful news coming from the popular cryptocurrency exchange...Read More
Following yesterday’s $350 price lost for Bitcoin, the asset has remained relatively calm around $11,350. Most larger-cap altcoins have also seized the free-falls with Ethereum trading near $370 and Ripple above $0.24. Bitcoin Sits Tight Around $11,350 News broke out yesterday that police officers had taken away the founder of the popular cryptocurrency exchange OKEx....Read More
Bitcoin Bitcoin saw a 4.3% price surge over the past seven days. The cryptocurrency was trading slightly above $11,000 last Friday as it started to push higher. Throughout the week, it managed to spike as high as $11,730 (1.414 Fib extension) but was never able to close a daily candle above resistance at $11,537 (provided...Read More
Bitcoin continues to struggle and has dropped by another 1% to about $11,300. The alternative coins bleed out and have wiped out most of the recent gains. These developments could be attributed to news that the popular exchange OKEx has seized withdrawals and is cooperating with a “public security bureau in investigations where required.” Bitcoin...Read More
The Japanese financial services group SBI Holdings is not playing on easy mode when it comes to e-Sports. Not only it is investing heavily on its team, but SBI also hopes to take advantage of the opportunity to boost the growth of the crypto-verse. To strengthen its presence in the gaming scene, SBI e-Sports –...Read More
XRP/USD – Bears Push XRP Into 100-days EMA Key Support Levels: $0.24, $0.237, $0.23.Key Resistance Levels: $0.251, $0.261, $0.271. XRP was performing well this week as it attempted to surge higher after bouncing from a rising trend line at the start of October. It managed to reach as high as $0.26 over the past few...Read More
Apart from a brief spike to above $11,500, Bitcoin has remained relatively calm around $11,400 in the past 24 hours. Most alternative coins have marked minor losses, with Ethereum dipping below $380 and Ripple beneath $0.25. Bitcoin Stays Around $11,400 As reported yesterday, Bitcoin traded around $11,400, despite US President Donald Trump’s call for additional...Read More
XRP/USD – Bulls Attempting To Breakout From Consolidation Pattern Key Support Levels: $0.25, $0.244, $0.24.Key Resistance Levels: $0.261, $0.271, $0.28. At the start of October, XRP bounced from the lower boundary of a short term symmetrical triangle pattern at around $0.23. From there, the buyers pushed higher but initially struggled with the resistance at $0.251...Read More
Following yesterday’s surge to about $11,500, Bitcoin has retraced slightly and trades at about $11,350. Most altcoins have also calmed after charting two consecutive days of gains. Bitcoin Steady Above $11K As reported yesterday, the primary cryptocurrency initiated an impressive leg up. Bitcoin went from about $10,900 to its new monthly high of nearly $11,500...Read More
After trading below $11,000 for weeks, Bitcoin finally broke above that psychological level with a 5% increase in the past 24 hours. The altcoins have come along for the ride, and the market cap has jumped by nearly $20 billion since yesterday. Bitcoin Breaks Above $11,000 Bitcoin was steadily increasing in the past few days...Read More
Bitcoin Bitcoin saw a 5.6% price increase over the past seven days as it finally breaks above the $11,000. The cryptocurrency was trading within a symmetrical triangle pattern since mid-September and struggled to break above this consolidation until yesterday. BTC was trading at the 100-days EMA last Friday as it rebounded from here and started...Read More
Following yesterday’s announcement that Square has purchased $50 million worth of Bitcoin, the asset has reacted with a significant price jump to $10,900. Most altcoins have followed suit and the cryptocurrency market cap has increased by $12 billion. Bitcoin To $10,900 Due To Square? Bitcoin was in a bit of a pickle in the past...Read More
The United States Department of Justice is focusing its attention on the crypto-verse and how to control that ecosystem. On October 8, 2020, the US Attorney General released a report talking about the dangers associated with the adoption of cryptocurrencies and the expectations of the DOJ in this regard. The “Cryptocurrency Enforcement Framework” is an...Read More
Bitcoin has charted minor gains in the past 24 hours by following Wall Street once again. Most large-cap altcoins have remained calm with Ethereum hovering around $340 and Ripple trading at $0.245. Bitcoin Steadily Follows US Stocks The primary cryptocurrency headed south yesterday and dipped to $10,525. Although Bitcoin started recovering rather rapidly, it dropped...Read More
XRP/USD – Bulls Face Resistance at Bearish .382 Fib. Key Support Levels: $0.24, $0.236, $0.23.Key Resistance Levels: $0.251, $0.261, $0.271. XRP rebounded from a rising trend line on Sunday which saw the coin breaking above the 100-days EMA to reach the resistance at $0.251 (bearish .382 Fib Retracement). During this week, XRP managed to spike...Read More
Pan-European payment solution for online markets Lemonway has partnered with Ripple to utilize RippleNet to facilitate international euro-to-euro payments for its customers. At the same time, the payment protocol company announced a restructuring with its executive leadership across the organization and rebranding two of its products. Lemonway To Employ RippleNet Announced earlier today, the partnership...Read More
Bitcoin has failed to sustain its recent bullish run and has dropped to approximately $10,600. Most alternative coins have mimicked BTC’s move, resulting in a $10 billion loss from the total market cap. Bitcoin Fails At $10,800 As reported yesterday, Bitcoin had reacted positively on news that US President Donald Trump left the hospital after...Read More
On the back of remarkably fast recovery from the virus which has taken over 210,000 American lives, President Donald Trump abruptly ended talks with Speaker Nancy Pelosi and Democratic leaders over new economic aid packages. All three major U.S. stock indexes lost solid gains from earlier in the day and fell into negative territory after...Read More
The United Kingdom Financial Conduct Authority plans to ban cryptocurrency derivatives and exchange-traded notes (ETNs) to retail customers from January 6th, 2021. The FCA statement described such products as “ill-suited for retail customers due to the harm they pose.” The regulator outlined that retail customers are unable to determine a reliable value because of several...Read More
Over the past 24 hours, Bitcoin has continued to rise in value gradually and now sits above $10,750. The price increase follows impressive gains registered on Wall Street during yesterday’s trading session, after news that US President Trump has returned to the White House. Bitcoin Follows Stocks Up As CryptoPotato reported yesterday, Bitcoin touched $10,750...Read More
XRP/USD – Bulls Finally Break 100-days EMA Resistance Key Support Levels: $0.243, $0.237, $0.228.Key Resistance Levels: $0.251, $0.26, $0.271. XRP found support at the $0.23 level at the start of October. It rebounded from this support yesterday to finally push higher above the resistance at the 100-days EMA – a level which the coin struggled...Read More
Despite some fears that Bitcoin and the US stock futures could drop following US President Trump’s hospitalization, the markets have remained calm. In fact, BTC and some altcoins have marked minor gains, and the market cap has increased by about $6 billion in a day. Trump Hospital Release And Stimulus Affect Bitcoin? As reported yesterday,...Read More
Bitcoin has stayed in a relatively tight range between $10,500 and $10,600. Most large-cap altcoins performed similarly, except for Binance Coin. After a 9% increase for the week, BNB now occupies the 5th spot in terms of total market cap. Bitcoin Remains In A Tight Range Following the recent price declines from Friday and early...Read More
Following the recent price decreases after the BitMEX and Donald Trump COVID19 news, Bitcoin has calmed and trades above $10,500. The situation with the altcoins is somewhat different as most continue struggling. Bitcoin Stays Calm After The Drops As reported yesterday, Bitcoin tumbled from $10,900 to about $10,450 in a matter of hours. The drop...Read More
Bitcoin Over the past seven days, Bitcoin dropped by a total of 2% as it currently trades around the $10,500 level. The week was pretty interesting after it rebounded from a 6-month-old rising trend line last week. After bouncing, it continued higher to reach as high as $10,900 at the start of October. Unfortunately, Bitcoin...Read More
