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Bitcoin Price Watch: BTC/USD Signaling Bullish Continuation Towards $6,700
Key Points Bitcoin price recovered nicely after forming a support base near $6,200 against the US Dollar. There was a break above a key contracting triangle with resistance at $6,375 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2018-8-17 11:48 | |
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Bitcoin (BTC) Might Finally Be Out Of The Woods As Price Bounces Off Weekly 200 EMA
Bitcoin (BTC) might finally be out of the woods this time as its price finds support at the 200 EMA on the weekly chart for BNC:BLX above in addition to its previous resistance turned support as well as the $5,800 support. дальше »
2018-8-16 17:00 | |
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Litecoin (LTC) Gears Up For An Aggressive Breakout In The Weeks Ahead
Litecoin (LTC) finally seems to have reached its bottom against the US Dollar (USD) as the price has stabilized just above the historical resistance of $56. The 200 EMA acts as additional support to the price can be seen on the LTC/USD chart above. дальше »
2018-8-16 21:30 | |
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Ethereum Classic (ETC) Finds Bottom At $10, Forms A Bullish Hammer Reversal Candlestick
Ethereum Classic (ETC) has just formed a bullish hammer candlestick on the daily ETC/USD chart above, which followed by a green candle is a strong sign of a downtrend capitulation as it indicates that the bears have finally given up. дальше »
2018-8-15 18:00 | |
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Bitcoin (BTC) Downtrend Resistance Turns Into Strong Support Amid Bullish Comeback
Bitcoin (BTC) has been in a constant downtrend for the last few weeks. The price crashed especially hard during the last few days. The price did break below $6,000, but contrary to expectations, the price found support at what was previously a downtrend resistance as can be seen on the BTC/USD daily chart above. дальше »
2018-8-15 17:00 | |
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Ether Price Analysis: Historic Support Breaks, Leads to Signs of Capitulation
In two short weeks, ETHUSD has devalued by 50% of its market value. With little to no relief for the underwater bulls, ether seems to be accelerating downward as buyer confidence is lacking and showing signs of capitulation. дальше »
2018-8-15 01:10 | |
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Ethereum (ETH) Undergoes Worst Correction Ever As Price Plummets More Than 81% Since All Time High
Ethereum (ETH) has now undergone the worst correction in its history. The price is down more than 81% since its all time high and could fall even further as indicated by the ETH/USD weekly chart above. дальше »
2018-8-15 21:30 | |
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Bitcoin (BTC) Strongly Defends $5,800 Support As Crypto Carnage Continues
Bitcoin (BTC) has held the $5,800 support so far even as crypto carnage continues. While most altcoins have already suffered double digit losses, Bitcoin (BTC) has held its ground as can be seen on the daily BTC/USD chart above. дальше »
2018-8-14 17:00 | |
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Ripple (XRP) Might Just Have Found A Bottom At $0.28, Reversal Likely In The Weeks Ahead
Ripple (XRP) has been of the most predictable cyptocurrencies in terms of trading. The recent price action is a carbon copy of the price action during its previous cycle. Interestingly enough, Ripple (XRP) seems to have ended the cycle with the same big red candle of capitulation as in the previous cycle. дальше »
2018-8-14 21:30 | |
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Bitcoin (BTC) Dominance Faces Resistance While Altcoins All Set To Take Off
Bitcoin (BTC) has run into a historical dominance resistance. The chart above shows that Bitcoin (BTC)’s dominance is in a constant downtrend since January 2017, the month when altcoins first began to challenge Bitcoin (BTC)’s dominance. дальше »
2018-8-13 18:00 | |
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Ethereum Classic (ETC): A Hidden Gem On The Verge Of An Unprecedented Breakout
Ethereum Classic (ETC) is about to make history with an unprecedented breakout, the likes of which we have never seen before. The price is currently, trading in a diamond formation according to the ETC/USD weekly chart above, which interestingly enough, also forms the core of the Ethereum Classic (ETC) symbol. дальше »
2018-8-13 17:00 | |
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Bitcoin Cash Price Analysis: BCH/USD Consolidating Above $550
Key Points · Bitcoin cash price started consolidating losses after trading to the $540 low against the US Dollar. · There is a key connecting bearish trend line formed with resistance at $580 on the hourly chart of the BCH/USD pair (data feed from Kraken). дальше »
2018-8-13 07:08 | |
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Bitcoin (BTC) Bounces Off $6,000 Over The Weekend, But Will It Continue To Rise?
Bitcoin (BTC) bounced strongly and cleanly off the exact $6,000 level as can be seen on the BTC/USD daily chart above. The price crashed hard on Friday but since then, it has now formed two consecutive green candles over the weekend. дальше »
2018-8-12 22:00 | |
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Bitcoin (BTC) Approaches Its Final Few Weeks Of Correction
Bitcoin (BTC) is weeks away from reaching the end of an overextended correction. The triangle in which Bitcoin (BTC) has been trading for the last seven months has become easier to break now that the price has traded further along it. дальше »
2018-8-10 21:30 | |
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ZCash (ZEC): The Only Bitcoin (BTC) Fork That Can Beat Investors’ Expectations
ZCash (ZEC) is a popular source code fork of Bitcoin (BTC), just like Litecoin (LTC). The purpose of its creation was to address privacy issues that users of Bitcoin (BTC) faced and also to curb centralization with its Equihash based proof of work model. дальше »
2018-8-10 17:07 | |
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Litecoin (LTC) Is No Longer The Cheapest Coin On Coinbase
Litecoin (LTC) has been away from the spotlight for quite some time now. This has more to do with other cryptocurrencies gaining traction than Litecoin (LTC) itself. The LTC/BTC daily chart above shows how sharply Litecoin (LTC) has declined against Bitcoin (BTC) since the beginning of the correction. дальше »
2018-8-9 18:00 | |
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Bitcoin (BTC) Fractal Analysis Shows Bots Still Dominate The Market
Bitcoin (BTC) has fallen sharply in the last 24 hours on news of the SEC delaying its decision regarding the VanEck/SolidX Bitcoin ETF till September. The 4H chart above for BTC/USD shows that while the news served as a catalyst for yesterday’s price action, Bitcoin (BTC) would have eventually followed the same pattern as major trading activity is still dominated by bots. дальше »
2018-8-9 21:30 | |
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Cardano (ADA) Hits A New Low, Down 90% From All Time High
Cardano is now down 90% from its all time high after hitting a new low yesterday that knocked the price down to $0. 117 as can be seen on the ADA/USD daily chart above. The last time Cardano (ADA) dropped to this level, it rallied back to the test the upper limit of the triangle. дальше »
2018-8-8 18:00 | |
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Bitcoin (BTC) Is Not Starting A New Cycle Before It Comes Down To $5,800 Again
Bitcoin (BTC) is not starting a new cycle before it falls down to $5,800 again. In order for Bitcoin (BTC) to begin a new cycle, it has to find a bottom first. So far, the price has marked lower highs and lower lows since the beginning of this correction as can be seen on the daily chart for BTC/USD above. дальше »
2018-8-7 21:30 | |
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Ethereum Classic (ETC) Likely To Trade North Of $200 By End Of 2018
Ethereum Classic (ETC) looks more bullish than any other coin at the moment. The reasons are not solid fundamentals and positive developments alone. The above weekly chart for ETC/BTC shows something that you would not find on the chart of any other top 20 coin. дальше »
2018-8-6 18:00 | |
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Bitcoin Cash Price Analysis: BCH/USD Could Recover To $740
Key Points Bitcoin cash price found support near the $684 level and started a recovery against the US Dollar. There was a break above a short-term bearish trend line with resistance at $705 on the hourly chart of the BCH/USD pair (data feed from Kraken). дальше »
2018-8-6 07:08 | |
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Ethereum (ETH) Correction Is Almost Over, Green Days Up Ahead
Ethereum (ETH) is now close to its long term trend line and will soon have to test the bottom of its ascending channel as can be seen on the ETH/USD daily chart above. The price has yet to break past the downtrend resistance but technical indicators are preparing for the next run up. дальше »
2018-8-4 21:30 | |
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Bitcoin (BTC) Has Never Been In A Long Term Bear Market
Bitcoin (BTC) has never really been in a long term bear market. The price has traded in an ascending channel since 2011 according to the BNC:BLX weekly chart above. A long term bear market implies that the price has to break its ascending channel and enter a descending channel for a significant period of time. дальше »
2018-8-3 17:00 | |
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Bitcoin (BTC) can drop to $6,000 again, but will it hold support?
Bitcoin (BTC) is still trading above its daily 100 EMA but the price action on the BTC/USD chart above looks extremely weak and unlikely to break past the downtrend resistance at this point. дальше »
2018-8-3 21:30 | |
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Cryptocurrency Market Update: Altcoins Continue to Slide
FOMO Moments Market decline has slowed but EOS, VeChain, Cardano, and Ethereum Classic are still suffering. The rout has not continued over the past 24 hours and crypto land seems to have found a level where markets have settled. дальше »
2018-8-2 12:59 | |
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Bitcoin (BTC) Finds Support At 100 EMA After A Steep Fall From $8,300
Bitcoin (BTC) fell sharply last night after rejection at a critical downtrend resistance as can be seen on the BTC/USD daily chart above. The price action appeared weak as Bitcoin (BTC) failed to hold the 200 EMA and fell right through it. дальше »
2018-8-2 21:30 | |
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Binance Coin (BNB) Continues To Perform Better In Worse Times
The general perception is that when Bitcoin (BTC) falls, altcoins fall even more aggressively. However, there is one altcoin which is not subject to this behavior. That altcoin is Binance Coin (BNB). дальше »
2018-8-1 18:00 | |
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Can IOTA (MIOTA) Compete With Ethereum Classic (ETC) To Capture IOT (Internet Of Things) Market?
Most cryptocurrencies including IOTA (MIOTA) are now close to a trend reversal as can be seen on the IOTA/USD daily chart above and investors are looking to load up on their favorite coins. The chart above shows that IOTA (MIOTA) has respected a historical support line for IOTA/USD since it started trading on Bitfinex, before July 2017. дальше »
2018-7-31 21:30 | |
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Monero (XMR) Poised For A Big Run Up By End Of The Year
Monero (XMR) was once one of the few cryptocurrencies in existence but with the inception of lucrative altcoins, Monero (XMR) quickly became a forgotten coin to many. That is not to say that Monero (XMR) lost its purpose but other shinier projects like Verge (XVG) pulled in privacy enthusiasts from Monero (XMR)’s league. дальше »
2018-7-31 18:00 | |
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Bitcoin (BTC) Has One Last Chance to Make It Or Break It
Bitcoin (BTC) has now reached critical levels where it is expected to make decisive movements. The price is struggling to get past the resistance line on the BTC/USD weekly chart above. A break above this downtrend resistance will restore confidence in the market for the time being and Bitcoin (BTC) can be expected to continue a rally towards $10,000. дальше »
2018-7-31 21:30 | |
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Ethereum (ETH) Completes Weekly Bearish Cycle, Green Days Ahead
Ethereum (ETH) has just completed a weekly bearish cycle that started in May. The cycle comprised of 9 red candles as can be seen on the ETH/BTC chart above. The last time this happened, we found the next few weeks to be green. дальше »
2018-7-30 18:00 | |
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Ethereum Classic (ETC) About To Break The Downtrend Resistance, Sell Orders Decreasing On Exchanges
Ethereum Classic (ETC) is about to take off as it prepares to break the downtrend resistance line on the daily ETC/USD chart above. Since the beginning of this correction, Ethereum Classic (ETC) has tested this resistance line at least 5 times but it has failed to break past it. дальше »
2018-7-27 21:30 | |
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Cryptp market on uprise with Bitcoin seeing surges in prices
The price of bitcoin reached above $7,700 on Monday, according to CoinMarketCap, up by almost $2,000 since the end of June. The latest gains also fall short of some analysts’ predictions, who forecast that bitcoin would rise above $10,000 in May and continue to climb. It is the first time since April that bitcoin has achieved дальше »
2018-7-27 18:23 | |
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Bitcoin (BTC) Turns Bearish After ETF Rejection
It is a sad day in the crypto community as the SEC has rejected a BItcoin (BTC) ETF Proposal presented by the Winklevoss Twins. Earlier this month, this ETF proposal became the cause of a lot of hype and FOMO which pushed the price rapidly from $6,200 to around $8,300 as can be seen on the BTC/USD daily chart above. дальше »
2018-7-27 17:00 | |
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Bitcoin (BTC) Likely To Find A Bottom between $5,000 And $3,000 This Year
Bitcoin (BTC) has run into resistance and now appears to have topped out once again as it sets for a pullback. EMA alignment for BTC/USD on the daily chart above continues to remain bearish. дальше »
2018-7-26 21:30 | |
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Ripple (XRP) Finds Support At 100 EMA, Trend Reversal Likely
Ripple (XRP) once the favorite stallion has recently been more of a dark horse as investors lose interest amidst legal troubles and concerns over XRP’s use cases. The above chart for XRP/USD shows that the price has suffered the most compared to most cryptocurrencies and appears to have reached rock bottom. дальше »
2018-7-26 18:00 | |
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BitMEX Breaks Industry Record With 1 Million Bitcoins Traded in One Day
Hong Kong-based trading platform Bitcoin Mercantile Exchange (BitMEX) has revealed it traded over 1 million Bitcoin in the 24 hours through July 24. ‘Astronomical Surge’ In Volume As Bitcoin prices continue to hover above $8000, major exchanges have handled daily volumes exceeding $5 billion this week. дальше »
2018-7-26 16:00 | |
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Cardano (ADA) Correction Might Be In Its Final Stages
Cardano (ADA) is trading at the lower half of the pitchfork on the ADA/BTC chart above. This means that the cryptocurrency is close to finish its correction and will likely find a bottom around mid August, if it trades with the same momentum. дальше »
2018-7-25 18:00 | |
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New Coinbase Announcement Means Europeans Can Now Pay For Uber Rides With Bitcoin
Cryptocurrency adoption means that one day, we’ll be able to buy apples with Bitcoin, take taxis with Ethereum and take out mortgages with XRP. Whilst some of the above might already be possible in some niche environments, from a commercial perspective, cryptocurrency adoption isn’t feasible just yet. дальше »
2018-7-25 12:30 | |
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Bitcoin (BTC) Prepares For Its Biggest Fall In Weeks
Bitcoin (BTC) has run into strong resistance as it struggles to break past the downtrend line, but overall conditions indicate that this rally is now over. RSI on the BTC/USD chart above is trading in a rising wedge and has now reached the upper limit of the wedge. дальше »
2018-7-24 21:30 | |
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Ethereum Classic (ETC) Seems To Be On The Verge Of A Massive Breakout
Ethereum Classic (ETC) is about to complete a full cycle as it corrects against Bitcoin (BTC) as can be seen on the ETC/BTC chart above. The price continues to be in a downtrend as the resistance has yet to be breached but the lower the price goes, the easier it gets for Ethereum Classic (ETC) to break out of the downtrend. дальше »
2018-7-24 21:30 | |
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