Tag Archives: Losses

Ethereum Price Analysis: ETH Sinks Below Key Support, Could Extend Losses

Ethereum Price Analysis: ETH Sinks Below Key Support, Could Extend Losses

ETH price failed to gain strength and declined heavily below the $118 support against the US Dollar. There is a major bearish trend line formed with resistance at $121 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses as long as it is trading below the $119 and $121 resistances. Ethereum price declined heavily in the past few hours against the US Dollar and bitcoin. ETH/USD settled below $120 and it may continue to decline towards $110 […]

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Bitcoin Price Watch: BTC At Risk of More Losses Until It Breaks $3,600

Bitcoin Price Watch: BTC At Risk of More Losses Until It Breaks $3,600

Bitcoin price failed near key resistances at $3,600 and $3,620 against the US Dollar. This week’s followed key bearish trend line is in place with resistance near $3,570 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price may continue to move down unless buyers gain strength above the $3,600 and $3,620 levels. Bitcoin price struggled to surpass the $3,600 pivot zone against the US Dollar. BTC is currently at a risk of more losses towards $3,480 as long as the price is […]

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Ripple Price Analysis: XRP Could Accelerate Losses Below $0.3000

Ripple Price Analysis: XRP Poised To Break $0.3000 Support

Ripple price declined recently and broke the $0.3100 and $0.3070 supports against the US dollar. There is a major bearish trend line in place with resistance at $0.3030 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses below the $0.3000 support area in the near term. Ripple price tumbled and broke key supports against the US Dollar and Bitcoin. XRP/USD could accelerate losses towards the $0.2920 support in the coming sessions. Ripple Price Analysis This […]

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TRX Recoup Losses, Road to 6 Cents?

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

Tron price expand 5.7 percent, reject lower lows Binance announce successful BTT crowdfunding Market participation rebound, high highs should be propelled by above average volumes The BTT token sale was a success, and in 18 minutes, 60 million BTT were sold. It was a success, and now TRX prices are recovering, snapping back to trend confirming our overall trade position. Tron Price Analysis Fundamentals At last, the path towards decentralizing the world’s largest software is right on track. BitTorrent is now decentralized, and investors have a share […]

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Bitcoin (BTC) Holds Steady Above $3,400, But Analysts Still Believe Further Losses Could Be in Store

Bitcoin (BTC) Holds Steady Above $3,400, But Analysts Still Believe Further Losses Could Be in Store

Following Bitcoin’s recent drop into the $3,400 region, it has been able to hold support above $3,400 for an extended period of time, which may ultimately prove to be positive for Bitcoin’s price action. It is important to note that Bitcoin (BTC) has not yet been able to break above $3,500, which appears to be a relative level of resistance for the cryptocurrency. Although Bitcoin has held steady in the mid-to-upper $3,400 range, one analyst still believes it will see further losses before finding major buying support […]

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Ethereum Price Analysis: ETH Resumes Decline, Can $100 Hold Losses?

Ethereum Price Weekly Analysis: ETH Facing Uphill Task Near $128

ETH price failed to hold gains above the $105 level and declined sharply against the US Dollar. There was a break below a major bullish trend line with support at $105 on the hourly chart of ETH/USD (data feed via Kraken). The pair might correct higher in the short term, but the $106 and $107 levels are likely to prevent gains. Ethereum price started a fresh decline against the US Dollar and bitcoin. ETH/USD is still at a risk of a major downside break if the $100 […]

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XRP Reject Losses, IMF Economists Pro Crypto?

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple price stable, reject lower lows IMF proposes a duo cash system with virtual currencies and cash in circulation Transaction volumes low, likely to spike as prices recover Finally, IMF economists agree that there is a way governments can incorporate virtual currencies in their economies.  Any assimilation would be an endorsement that would see prices of digital assets including XRP claw back losses. Ripple Price Analysis Fundamentals The global economy is yet to recover from the GFC of 2008-09. With trillions gone down the drain, Satoshi took […]

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Ripple Price Analysis: XRP Could Accelerate Losses Below 100 SMA

Ripple Price Analysis: XRP Remains Sell On Rallies Towards $0.30

Ripple price failed to retain gains and traded below the $0.3080 support against the US dollar. There is a key connecting bearish trend line in place with resistance at $0.3065 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must stay above the $0.3000 support and the 100 hourly simple moving average to bounce back. Ripple price is currently correcting gains against the US Dollar and Bitcoin. XRP/USD is at a risk of a sharp decline if it breaks the 100 hourly […]

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Bitcoin (BTC) Stable Above $3,600, But Analysts Warn That Further Losses are Likely

Bitcoin (BTC) Stable Above $3,600, But Analysts Warn That Further Losses are Likely

Bitcoin has continued to express stability around its current price levels in the low-$3,600 region. Despite being stable currently, BTC has not been able to garner any buying pressure at its current prices, which may signal technical weakness. Now, analysts are claiming that Bitcoin may see further losses in the near-term, as its price has not yet seen any surge that would signal that it was previously oversold. Bitcoin Fails to Find Buying Pressure at Current Price Levels  At the time of writing, Bitcoin is trading down […]

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