Litecoin declined heavily after it failed to climb above $46.50 and $48.00 against the US Dollar. The price seems to be sliding towards the $42.20 and $40.40 support levels. There is a key declining channel forming with resistance near $45.50 on the hourly chart of the LTC/USD pair (data feed from Kraken). Bitcoin price is...
Bitcoin price is slowly declining and it recently broke the $7,200 support area against the US Dollar. The price is currently consolidating above $7,100 and likely to continue lower. Yesterday's key declining channel is still active with resistance near $7,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could...
The total crypto market cap is under pressure below the main $200.0B resistance. Bitcoin price is struggling to stay above the $7,000 support area. Litecoin (LTC) price is down more than 3% and it traded below the $44.50 support. BCH price is down 4% and it is approaching the main $200 support area. EOS price...
On-chain metrics can offer valuable insights into Bitcoin market movements and the latest data is showing that unrealized losses are mounting up. This could lead to a larger selloff as those that bought the dip in late 2018 fear for loss of profits now. Bitcoin Selloff Resumes Following the weekend's push to close in on...
Ripple price is declining and it is now trading below the $0.2180 support against the US dollar. The price is trading in a downtrend and it seems like the bears are aiming $0.2000. This week's major bearish trend line is still active with resistance near $0.2205 on the hourly chart of the XRP/USD pair (data...
The chances of an end of year 'Santa rally' for Bitcoin are slipping away. Its half year down trend has been maintained and does not look like reversing before the year is out. All hopes are now being pinned on the BTC halving in May next year, but will it really be the lifeline everyone...
Ethereum is declining and it recently traded below the $148 support against the US Dollar. The price is currently below $145 and it seems like there is a risk of more downsides. Yesterday's key bearish trend line is active with resistance near $147 on the hourly chart of ETH/USD (data feed via Kraken). The price...
Last night, Japanese conglomerate SoftBank Group announced a new crypto wallet card, that looks just like your traditional credit or debit card, but has some unique crypto-specific features in tow. While the name SoftBank may not initially ring a bell, the company owns a stake in a number of major brands and has over 22...
A crypto-focused charity organisation has declared today #BitcoinTuesday in an effort to promote the perks of donating cryptocurrency to non-profits. The initiative is the work of TheGivingBlock, with sponsorship from several notable blockchain-related companies. Cryptocurrency donations, being considered as property, are not subject to capital gains and are tax deductible. This can make digital assets...
After incurring tremendous volatility throughout the latter part of October and the majority of November, Bitcoin appears to have now entered a period of consolidation as its bulls and bears send BTC between the upper and lower boundaries of a tight trading range. This period of sideways trading may soon come to an end, however,...
