Some four days ago, a Bitcoin analyst going by "Velvet" posted the chart below. In it is depicted BTC's price action for the past 18 months, a Fibonacci Retracement of the $3,150 to $13,800 move, two trendlines, a moving average, and a vertical date marker for December the 22nd. $BTC #BTC #BTCUSD Presented with no...
Late weekend trading has resulted in another minor rally for Bitcoin which has just reached resistance at a two week high. Sentiment among traders and analysts has flipped bullish again as hopes of a 'Santa rally' return to crypto land. Bitcoin Adds Six Percent The weekend has been a positive one for Bitcoin with another...
All eyes have been on Bitcoin over the past few hours as it tapped a two week high and monthly resistance. BTC is not the top performing crypto asset at the moment as that accolade goes to Tron. Tron Adds 9% in Crypto Surge Bitcoin dominance may have hit a three month high over 71%...
Bitcoin price rallied more than 5% to clear the $7,500 resistance against the US Dollar. The price is now trading in a positive zone and it could rise further above $7,700. There is a short term breakout pattern forming with resistance near $7,590 on the hourly chart of the BTC/USD pair (data feed from Kraken)....
The total crypto market cap is gaining momentum above the key $192.0B resistance. Bitcoin price is up more than 5% and it broke the $7,500 resistance area. EOS price is slowly rising towards the $2.600 and $2.700 resistance levels. Binance Coin (BNB) is still well below the main $14.00 and $14.20 resistance levels. BCH price...
Ripple price is slowly rising and it is now trading above $0.1950 against the US dollar. The price seems to be lacking bullish momentum above the $0.1980 and $0.2000. There is a key bullish trend line forming with support near $0.1950 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is...
Following the app release, an in-principle DLT approval by the Gibraltar Financial Services Commission and an acceptance onto the STP network, tap's token (XTP) is to become available on the Bittrex platform tap is a one-stop-shop crypto app that includes an aggregated crypto exchange (spanning several exchanges to deliver optimum prices), safe crypto storage through...
Ethereum is climbing higher and trading nicely above the $130 level against the US Dollar. The price is likely to continue higher once it surges above the $150 resistance. There is a rising channel forming with support near $133 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin is up more than 5%...
Ethereum's price has incurred some notable upwards momentum today after being plagued with a long period of firm sideways trading that came about after ETH's dip to lows of $120 last week. This period of consolidation appears to be resolving in a bull-favoring movement upwards, which could support the notion that ETH's recent lows will...
Once again, analysts have begun to flip bullish on Bitcoin (BTC), citing fundamental and technical factors to back their cheery sentiment. Though, not everyone is convinced that the cryptocurrency market is poised to see upside. Related Reading: Crypto Market's Long-Term Trend is Positive: Binance CEO Explain Why CME Futures Show Institutions Bearish On BTC Each week,...
