Litecoin’s 7-Year Support Holds; Key Indicator Turns Bullish: One Key Breakout Needed for Bulls to Start Shinning

In a recent tweet, notable cryptocurrency analyst Tony “The Bull” (@tonythebullBTC) suggested that Litecoin (LTC) may be on the verge of a major bullish breakout. Tony pointed to several key factors that support this view: The Monthly Support Level First, Litecoin has held support above a certain price level for almost seven full years.

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Ethereum Price Showing Early Signs of Fresh Drop, But This Support Is Key

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Worst Quarterly Bitcoin Crash In A Decade Closes Above Key Support

Last week, when the June monthly candle came to a close in Bitcoin, it also signaled the end to the second quarter of the year and its first half. The top cryptocurrency suffered its worst quarterly decline since 2011, but it ultimately held above a key support level.

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Hedge Fund Manager Claims Bitcoin is Hanging on the “Side of a Cliff”

After reclaiming the key support that had been established at $6,800 yesterday, Bitcoin has once again lost this level, surrendering to bears as to navigates back towards its key short-term support that has been established around $6,600.

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Bitcoin Price (BTC/USD) Is Holding Uptrend Support But $12K Holds Key

Bitcoin price traded to a new monthly high at $12,333 and corrected lower sharply against the US Dollar. The price is currently climbing higher after it tested the key $11,200 support area. Yesterday’s highlighted key bullish trend line was breached with support near $11,700 on the hourly chart of the BTC/USD pair (data feed from.

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Ethereum (ETH) Price Testing Key Support: $250 Holds The Key

ETH price started a downside correction after trading towards the $265 level against the US Dollar. The price declined below the $255 level, but the $250 support area is acting as a support. There is a key bullish trend line forming with support near $253 on the hourly chart of ETH/USD (data feed via Kraken).

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Bitcoin Price Weekly Analysis: BTC Holding Key Uptrend Support

Key Points Bitcoin price declined recently towards the $3,560 support area against the US Dollar. There is a key bullish trend line formed with support $3,680 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).

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Bitcoin Price Watch: BTC Broke Key Support, Could Test $6,275

Key Points Bitcoin price failed to hold the key support at $6,590 and declined below $6,500 against the US Dollar. There was a break below a bearish pattern with support at $6,550 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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Ethereum Price Analysis: ETH/USD Broke Key Support and 100 SMA

Key Highlights ETH price declined recently and broke a key support near $468 against the US Dollar. Yesterday’s highlighted important bullish trend line was breached with support at $476 on the hourly chart of ETH/USD (data feed via Kraken).

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Ripple Price Analysis: XRP/USD Testing Key Support

Key Highlights Ripple price made a nice upside move before facing sellers near $0. 5245 against the US dollar. There was a break below a crucial bullish trend line with support at $0. 4950 on the hourly chart of the XRP/USD pair (data source from Kraken).

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Ethereum Price Analysis: Can ETH/USD Hold 100 SMA?

Key Highlights ETH price started a major downside correction below the $500 level against the US Dollar. This week’s highlighted key bullish trend line was breached with support at $485 on the hourly chart of ETH/USD (data feed via Kraken).

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Litecoin Price Analysis: LTC/USD Approaching Buy Zone

Litecoin price corrected lower from the $94. 50 swing high against the US Dollar. LTC/USD is currently approaching a crucial support zone near $84. 50. Key Talking Points Litecoin price started a downside correction after trading as high as $94.

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Bitcoin Cash Price Analysis: Can BCH/USD Hold This Support?

Key Points Bitcoin cash price started a downside correction and declined below $840 against the US Dollar. This week’s highlighted major bullish trend line was breached with support near $830 on the hourly chart of the BCH/USD pair (data feed from Kraken).

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HTC Says Blockchain Phone Exodus Will Be Released Later This Year

Computer manufacturing company HTC says it is on the verge of releasing its upcoming blockchain phone, Exodus, which was first announced in May of 2018. Chief crypto officer at HTC Phil Chen leads the company’s blockchain and cryptocurrency initiatives.

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Bitcoin Price Watch: BTC/USD Poised for More Gains

Key Points Bitcoin price surged and broke the $6,800 and $7,200 resistance levels against the US Dollar. There is a short-term ascending channel forming with support at $7,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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Cardano Price Analysis: ADA/USD Surging Towards $0.20

Key Highlights ADA price climbed higher and broke the $0. 1500 and $0. 1700 resistance levels against the US Dollar (tethered). There is a crucial bullish trend line in place with support at $0. 1600 on the hourly chart of the ADA/USD pair (data feed via Bittrex).

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Ripple Price Analysis: XRP/USD Accelerating Above $0.5200

Key Highlights Ripple price rocketed higher and broke the $0. 5000 and $0. 5200 resistance levels against the US dollar. There is a major bullish trend line in place with support at $0. 4920 on the hourly chart of the XRP/USD pair (data source from Kraken).

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Ethereum Price Analysis: ETH/USD Surging Above $500

Key Highlights ETH price surged higher and cleared a few important resistances near $500 against the US Dollar. Yesterday’s highlighted important bullish trend line is active with support at $480 on the hourly chart of ETH/USD (data feed via Kraken).

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Bitcoin Cash Price Analysis: BCH/USD Could Test $900

Key Points Bitcoin cash price surged higher and broke a major resistance near $850 against the US Dollar. Yesterday’s highlighted key bullish trend line is intact with support near $810 on the hourly chart of the BCH/USD pair (data feed from Kraken).

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XRP Technical Analysis: XRP Bulls Set To Dominate Q3 2018

On a weekly basis, XRP is up 14 percent as buyers continue to reverse their two month losses and syncing with April’s rally. As it is, buyers are in charge and poised to gain more thanks to the resurgent ETH and Bitcoin hauling prices from key support line.

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Bitcoin Price Watch: BTC/USD’s Trend Overwhelmingly Bullish

Key Points Bitcoin price surged higher and broke a crucial resistance near $6,380 against the US Dollar. There is a new key bullish trend line forming with support at $6,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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Ethereum Classic Price Analysis: ETC/USD Bullish Above $16.80

Key Highlights Ethereum classic price traded higher recently and moved above the $17. 00 barrier against the US dollar. There is a crucial bullish trend line formed with support at $16. 80 on the hourly chart of the ETC/USD pair (Data feed via Kraken).

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Ripple Price Analysis: XRP/USD Primed for More Gains

Key Highlights Ripple price is surging higher and it recently broke the $0. 4500 resistance against the US dollar. There is a key connecting bullish trend line formed with support at $0. 4750 on the hourly chart of the XRP/USD pair (data source from Kraken).

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Ethereum Price Analysis: ETH/USD Buyers in Control

Key Highlights ETH price climbed above a few important resistance such as $450 and $460 against the US Dollar. There is a new connecting bullish trend line forming with support at $464 on the hourly chart of ETH/USD (data feed via Kraken).

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Bitcoin Cash Price Analysis: BCH/USD Surging Higher

Key Points Bitcoin cash price gained traction and moved above the $760 and $780 resistances against the US Dollar. There is a short-term bullish trend line forming with support near $788 on the hourly chart of the BCH/USD pair (data feed from Kraken).

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Neo Price Analysis: Can NEO/USD Break This?

Neo price formed a solid support near $30. 00 and moved higher against the US Dollar. NEO/USD has to clear the $34. 40 resistance to recover further. Key Talking Points Neo price is moving higher and is currently well above $32.

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Ethereum Price Analysis: Can ETH/USD Break $455?

Key Highlights ETH price traded higher and tested an important resistance area near $455 against the US Dollar. There is a major bullish trend line formed with support at $438 on the hourly chart of ETH/USD (data feed via Kraken).

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Litecoin Price Analysis: Can LTC/USD Recover Further?

Litecoin price formed a decent support at $74. 50 and recovered against the US Dollar. LTC/USD must clear the $80. 00 resistance to recover further in the near term. Key Talking Points Litecoin price managed to move higher above the $78.

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Bitcoin Cash Price Analysis: Can BCH/USD Hold Gains?

Key Points Bitcoin cash price recovered nicely and moved above the $710 resistance against the US Dollar. There is a key bullish trend line formed with support near $712 on the hourly chart of the BCH/USD pair (data feed from Kraken).

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Bitcoin (BTC) Price Watch: Down But Not Out!

Bitcoin Price Key Highlights Bitcoin price appears to be keeping its head above the near-term area of interest at the channel support. If a bounce back to the resistance happens, an inverse head and shoulders pattern could also be completed.

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Bitcoin Price Weekly Analysis: BTC/USD’s Triangle Break Near

Key Points Bitcoin price formed a decent support near $6,050 and recovered against the US Dollar. There is a key triangle forming with resistance near $6,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).

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Bitcoin Cash Price Weekly Analysis: Can BCH/USD Break This?

Key Points Bitcoin cash price tested the $650-660 support area and recovered against the US Dollar. There is a crucial bearish trend line in place with resistance at $710 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).

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Tezos Foundation Announces Grants Giveaway To Crypto Developers

The Tezos Foundation announced a new grant-making process on July 13th, saying it will hold a formal call for proposals in August. In a press release, the foundation explained that it has three initial targeting key areas: research that will extend the Tezos protocol, development of tools that will support Tezos and resolutions to grow […]

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Cardano (ADA) Technical Analysis: ADA Gain $350 million in Market Cap after CoinBase Announcement

ADA is the top performer in the last 24 hours adding an impressive six percent. That injection of momentum at key support means there is a revival happening and traders can take advantage of this surge.

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BitKop Blockchain Green Consensus Action Signature Meeting Gains Industry Support

Key Blockchain Industry Players Support BitKop Blochchain Green Consensus Action Signature Meeting On July 4, the BitKop trading platform inaugurated the BitKop Blockchain Green Consensus Action Signature Event.

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Promoted: Ushering in a New Future — Cryptocurrency Investing With Invictus

The Bitcoin movement has brought with it a tidal wave of activity in cryptocurrency investments and trading. As a result, crypto market capitalization soared to an all-time high of around $820 billion in early January of 2018.

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Litecoin Price Analysis: LTC/USD Forming Triple Bottom

Litecoin price declined further and tested the $75. 00 support again against the US Dollar. LTC/USD is currently recovering and trading near a key resistance. Key Talking Points Litecoin price retested the $75.

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Bitcoin (BTC) Price Watch: Next Potential Support Zone

Bitcoin Price Key Highlights Bitcoin price has broken below that near-term area of interest and is setting its sights on the next support zone. Price could fall to the very bottom of its range visible on longer-term charts, where buyers may be waiting.

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Bitcoin Cash Price Analysis: Can BCH/USD Break 100 SMA?

Key Points Bitcoin cash price declined further, but it found support near the $660 level against the US Dollar. This week’s highlighted key bearish trend line is still in place with current resistance near $718 on the hourly chart of the BCH/USD pair (data feed from Kraken).

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Bitcoin Price Watch: BTC/USD Trend Overwhelmingly Bearish

Key Points Bitcoin price declined further and broke a key support at USD 6,300 against the US Dollar. There was a break below a contracting triangle with support at $6,310 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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Litecoin Price Analysis: LTC/USD’s Recovery Capped By $80

Litecoin price started an upside correction from the $74. 50 low against the US Dollar. However, recoveries in LTC/USD were capped by the $80. 00 resistance. Key Talking Points Litecoin price moved a few points higher after forming a support near $75.

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Bitcoin Cash Price Analysis: BCH/USD Consolidating Above $680

Key Points Bitcoin cash price remained in a range and consolidated above the $680 support against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with current resistance near $720 on the hourly chart of the BCH/USD pair (data feed from Kraken).

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Bitcoin Price Watch: BTC/USD Primed for Losses

Key Points Bitcoin price failed to hold an important support at $6,550 and declined sharply against the US Dollar. There was a break below a key bullish trend line with support at $6,580 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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Cardano Price Analysis: ADA/USD Could Break $0.1250

Key Highlights ADA price declined further and broke the $0. 1350 support area against the US Dollar (tethered). There is a major bearish trend line formed with resistance at $0. 1380 on the hourly chart of the ADA/USD pair (data feed via Bittrex).

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Ripple Price Analysis: XRP/USD Extending Slide

Key Highlights Ripple price is under a lot of pressure and it recently broke the $0. 4500 support against the US dollar. There is a short-term declining channel in place with resistance at $0. 4500 on the hourly chart of the XRP/USD pair (data source from Kraken).

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Ethereum Price Analysis: ETH/USD Remains at Risk

Key Highlights ETH price declined heavily and traded close to the $425 support area against the US Dollar. There is a crucial bearish trend line in place with resistance at $448 on the hourly chart of ETH/USD (data feed via Kraken).

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Bitcoin Grass Beas fades as price drops below $ 6.5K

The leading cryptocurrency looked vulnerable to a pullback 24 hours ago, courtesy of the signs of bullish exhaustion near key resistance of $6,800. It is worth noting that the short-term moving average is still biased to the bulls (rising).

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Ethereum Classic Price Analysis: ETC/USD Bearish Below $18

Key Highlights Ethereum classic price failed to move above the $18. 80 resistance and declined against the US dollar. There was a break below a key bullish trend line formed with support at $18. 20 on the hourly chart of the ETC/USD pair (Data feed via Kraken).

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Bitcoin Price Watch: BTC/USD Near Crucial Juncture

Key Points Bitcoin price declined further and broke the $6,680 and $6,600 support levels against the US Dollar. Yesterday’s highlighted connecting bearish trend line is intact with resistance at $6,680 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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