Tag Archives: Bitcoin

Crypto Market Could Rally Further: EOS, Bitcoin Cash, TRX, ADA Price Analysis

Tron Price Analysis: TRX Underperforming 24 Hours After NiTron

The total crypto market cap is preparing for more gains above the $132.5B resistance level. EOS price gained more than 7% recently and broke the $3.80 and $3.85 resistances. Bitcoin cash price is consolidating below the key $150 resistance level. Tron (TRX) price moved back above the $0.0250 resistance, but there was no follow through. Cardano (ADA) price is grinding higher and it could soon test the key $0.0500 resistance area. The crypto market is primed for more gains, with bullish moves in bitcoin (BTC) and Ethereum […]

Read More...

Bitcoin Price Watch: BTC Readies For Bullish Acceleration Above $4,000

Bitcoin Price Watch: BTC Readies For Bullish Acceleration Above $4,000

Bitcoin price is well supported on the downside near the $3,900 and $3,850 supports against the US Dollar. The price is likely to accelerate gains above the $3,975 and $4,000 resistance levels. There is a major bullish trend line formed with support at $3,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could dip a few points, but buyers are likely to protect declines below $3,850. Bitcoin price is likely setting up for the next break above $4,000 against the US […]

Read More...

Japanese Bank Head Endorse Ripple (XRP) says Bitcoin (BTC) Has no Value

Ripple Price Analysis: XRP Consolidates For the Eighth Straight Day

  Ripple price trajectory is up Yoshitaka Kitao endorses Ripple (XRP) Transactional volumes on the rise   SBI Holdings and Yoshitaka Kitao are Ripple (XRP) proponents and believe the coin will somehow revolutionize cryptocurrency. Anyhow, with the launch of SBIVC expected in weeks, our previous XRP/USD trade plans will be validated. Ripple (XRP) Price Analysis Fundamentals Sometimes, the head of SBI Holdings Yoshitaka Kitao may appear over-optimistic about Ripple and XRP abilities to revolutionize crypto. SBI Holdings anchors and is the nucleus of Ripple activities in Asia. […]

Read More...

Bitcoin Struggles to Break Above $4,000, Analysts Claim BTC Likely to Drop Before Climbing Higher

ETF, Lightning, and Halving Drive Recent Bitcoin Rally

Following several consecutive days of price gains, Bitcoin’s recent price rally has stalled as BTC failed to decisively move above $4,000. It’s no surprise that $4,000 is a strong level of resistance for the cryptocurrency, as it has previously acted as a strong psychological level for BTC. Now, analysts expect Bitcoin to drop slightly before finding increased buying pressure, which could then help propel it to above $4,000. Analyst: Despite Bitcoin Price Surge, BTC Still in a Heavy Bear Market At the time of writing, Bitcoin is […]

Read More...

Crypto Sphere Believes Galaxy S10, JPM Coin Behind Bitcoin Rally, But Is Really a Return to Mean

Crypto Sphere Believes Galaxy S10, JPM Coin Behind Bitcoin Rally, But Is Really a Return to Mean

The crypto market lit up with green over the last 48 hours following a powerful rally led by Litecoin, Ethereum, and EOS, which also helped propel Bitcoin toward important psychological resistance at $4K. Should the first-ever cryptocurrency break through the resistance, a major blow will be dealt to bears and could signal that a bottom is already in. Battered and beaten bulls are tirelessly trying to find correlations to news that may be driving the rally, however, the move is likely a return to mean following extremely […]

Read More...

Bullish Bitcoin (BTC) Inch Close to $4,500 as Tech Leader Says it is Better than Paper Money

Bitcoin Price Analysis: $3,800 is Definitive for BTC

  Bitcoin prices are trending higher, up 8.1 percent in the last week Elon Musk says Bitcoin and crypto is brilliant for value transfer Transactional volumes high, behind recent higher highs   Adoption is on the rise, and it is at this juncture that Elon Musk has reasons to believe that Bitcoin is brilliant and a better tool for value transfer. As an influencer, this is bullish, and as long as prices are on the rise, we expect momentum to build up. Bitcoin (BTC) Price Analysis Fundamentals […]

Read More...

Drastic Shift in Sentiment in Crypto After Bitcoin Surges: Technical Indicators Point Toward a Rally

Drastic Shift in Sentiment in Crypto After Bitcoin Surges: Technical Indicators Point Toward a Rally

Since Bitcoin (BTC) embarked on a bear market rally on Sunday, pushing past $3,600, $3,700, and $3,800 in rapid succession, the waters of the nascent crypto market have quieted. As of the time of writing, Ethereum, EOS, among other leading crypto assets have posted single-digit percentage losses — nothing to write home about. And while some would say that the lack of continued buy-side pressure could warrant a short-term pullback, notable traders have become convinced that from a fundamental and technical perspective, BTC still has a lot […]

Read More...

Investing in Ethereum Could Be More Profitable than Bitcoin

Investing in Ethereum Could Be More Profitable than Bitcoin

Investing in Ethereum at its bottom could yield more returns than investing in Bitcoin, said Don Alt. The famous cryptocurrency analyst, who has 82.7k following on Twitter, claimed that his investment paid off when he bought Ether at $121. While he didn’t specify the nature of his trade, he said his investment could return ten times more profit than bitcoin while still costing 1/3rd of the leading digital currency. “I’ve heard Etherum will one day be the global computer that [executes] smart [contracts], tweeted Don Alt. “So I […]

Read More...

Bitcoin Price Watch: Pullback In BTC Before Fresh Increase

Bitcoin Price Watch: BTC At Continued Risk of Weakness

Bitcoin price extended gains above $3,900 and traded close to the $4,000 resistance against the US Dollar. The price traded as high as $3,973 and later started a downside correction. There is a short term breakout pattern in place with support at $3,875 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to correct further lower towards the $3,830 or $3,800 support levels before fresh increase. Bitcoin price failed to surpass the $4,000 resistance and corrected lower against the US […]

Read More...

Crypto Market Eyes Additional Gains: BNB, EOS, Bitcoin Cash, Tron (TRX) Analysis

Crypto Market Tumbles: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis

The total crypto market cap traded towards the $132.5B level and later corrected lower. EOS price traded above the $3.50 resistance and it is currently consolidating gains. Binance Coin (BNB) rallied more than 10% and broke the $10.00 resistance area. Bitcoin cash price is placed nicely above the $140 support, with a bullish bias. Tron (TRX) price failed to stay above the $0.0250 support and later declined. The crypto market started a downside correction, but it remains supported. Dips in bitcoin (BTC), Ethereum (ETH), Binance coin (BNB), […]

Read More...
1 2 3 25