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Bitcoin Just Signaled "Sell" And It's Vulnerable to a Massive Correction
02/20/2020 05:28
Bitcoin failed to climb convincingly above $10,200 against the US Dollar. As a result, BTC declined heavily below $9,800 and it is now vulnerable for a bigger a correction. Bitcoin price failed to clear the $10,200 and $10,300 resistance levels against the US Dollar. There was a sharp decline below the $10,000 and $9,800 support...
Ripple (XRP) Showing Signs of Weakness But $0.25 Holds The Key
02/20/2020 04:28
Ripple failed to clear the key $0.3080 resistance and declined sharply against the US Dollar. XRP price is down 5%, but there are many key supports on the downside. Ripple price started a strong decline after it was rejected near the $0.3080 area against the US dollar. The price is down more than 5% and...
Ethereum Just Reversed and $240 Is Imminent, Here's Why
02/20/2020 03:18
Ethereum failed again to surpass the $288 resistance area against the US Dollar. As a result, ETH price declined sharply below $270 and it might soon revisit the $240 support. Ethereum failed on a couple of occasions to surpass $286 and $288 against the US Dollar. The price is down more than 5% and it...
Here's Why the Aftermath of Bitcoin's Insane Plunge Isn't as Bearish as it Seems
02/20/2020 01:00
This afternoon, investors bore witness to an insane Bitcoin (BTC) flash crash that sent the cryptocurrency reeling from the lower-$10,000 region to lows of $9,200, which is where it was able to find some support that helped it climb higher. Despite the jarring nature of this drop, it is important to note that it may...
Fresh 2020 Highs Inbound: XRP Paints Highly Bullish Technical Pattern
02/19/2020 23:00
This past week XRP saw an incredibly bearish retrace after struggling to maintain its position within the lower-$0.30 region, with its drop from its 2020 highs of $0.34 leading the crypto to plummet all the way to lows of $0.28 before finding any notable support. Now, however, the recent bullishness seen within the aggregated market...
XRP Falls Under 27 Cents in Crypto Market Flash Drop
02/19/2020 22:47
XRP has been like a rocket ship ready for a moon mission, with crypto speculators predicting an immense rally against the dollar and Bitcoin. But either XRP is refueling its jets before more upside or has just taken a detour back into a selloff, as the price of the number three cryptocurrency by market cap...
Ethereum Nosedives to $250 in Massive Crypto Market Dump
02/19/2020 22:26
The number two cryptocurrency by market cap, Ethereum, just experienced a massive dump alongside many other major crypto assets, including Bitcoin and the rest of its altcoin brethren. Is the 2020 crypto rally finally finished, or is this just another opportunity to buy the dip across the crypto market before further upside in the days...
US a Major Bitcoin Miner Again; How Layer1's Launch is Bullish for BTC
02/19/2020 22:00
The Texas Bitcoin mining facility by Layer1 has gone live for the first time today. The all-in-house US Bitcoin mining initiative is seeking to address Chinese dominance of the cryptocurrency's mining activity. Layer1 is hoping to expand rapidly from this initial launch. By the end of 2021, it plans to command as much as 30...
Bitcoin Craters to $9,300, Liqudating $120 Million in BitMEX Longs
02/19/2020 21:59
It seems that Bitcoin's plunge has accelerated since our last price update posted just minutes ago. We wrote our last update when the cryptocurrency was trading at $9,900 after sustaining a 2% drop in a few minutes' time. Now the cryptocurrency is trading for $9,600, falling as low as $9,300 just minutes ago as of...
Bitcoin Plunges Below $10,000 After Harsh Rejection: Is this It for Bulls?
02/19/2020 21:47
Over the past few minutes, Bitcoin has plunged lower, just now losing the key $10,000 price level, falling through it as if was not much more than a piece of soggy letter paper. At the plunge's worst, the cryptocurrency traded as low as $9,850 (on some exchanges), falling nearly 5% from the local top at...
 
 


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