Bitcoin plunged by more than $3,000 after establishing a record high on Tuesday, stoking concerns about an extended price decline on growing profit-taking sentiment. Nevertheless, the flagship cryptocurrency discovered a substantial interim support range above $44,000. The BTC/USD exchange rate inched back above $45,000 in the early Asian trading session …
Read More »Ethereum is Showing “Exceptional Signs of Strength” as Bulls Defend Crucial Level
Ethereum has been holding up somewhat well as of late despite the weakness seen across the aggregated crypto sphere Bitcoin’s slide to $30,000 has caused most major altcoins to tank, with ETH struggling to maintain the massive momentum it built over the past week Because BTC is firmly leading the …
Read More »Charted: Ripple (XRP) Testing Crucial Support, Why It Could Nosedive
Ripple is struggling to stay above the key $0.2600 support against the US Dollar. XRP price could nosedive if there is a close below $0.2600 and $0.2550. Ripple is showing a few bearish signs below the $0.2750 and $0.2800 resistance levels against the US dollar. The price is testing the …
Read More »Ethereum is Struggling to Hold This Crucial Level Following Recent Rebound
Ethereum has been closely tracking Bitcoin’s price action throughout the past few days, which has caused it to bear witness to immense volatility The cryptocurrency’s price rocketed up to highs of $1,400 last week before facing intense inflows of selling pressure that sent it to $900 It has since recovered …
Read More »Ethereum Reaches Crucial Support Level as Market-Wide Selloff Slows
Ethereum has seen some notable downwards momentum over the past several hours that has caused its price to erase the gains that came about during the latest leg higher Where it trends in the mid-term should depend largely on whether or not buyers can stop it from falling below one …
Read More »Charted: Binance Coin (BNB) Rally Reaches Crucial Juncture, Why It Could Test $40
Binance coin price is up over 7% and it is outperforming bitcoin against the USDT. BNB could rally further if it clears the $35.50 resistance zone in the near term. Binance coin price is gaining bullish momentum above the $32.00 resistance against the USDT. The price is testing a major …
Read More »TA: Ethereum Turns Green Above $580, Why $600 is Still a Crucial Hurdle
Ethereum started a steady increase and climbed above $580 against the US Dollar, similar to bitcoin. ETH price is consolidating gains and it could correct lower in the short-term. Ethereum gained bullish momentum above the $565 and $575 levels. The price is now trading above the $580 pivot zone and …
Read More »Charted: Ripple (XRP) Signaling Next Crucial Break, $0.62 A Key Barrier
Ripple is trading in a contracting range above $0.6000 against the US Dollar. XRP price is setting up for a major break either above $0.6200 or below $0.5800. Ripple is showing a few positive signs above $0.6000 and $0.5800 against the US dollar. The price is stuck above $0.6000 and …
Read More »TA: Bitcoin Stuck In A Crucial Range, Why $19.5K Is The Key
Bitcoin price is still trading in a broad range below the $19,500 resistance against the US Dollar. BTC must gain strength above $19,500 to start a fresh rally in the near term. Bitcoin is facing a strong resistance near the $19,500 and $19,580 levels. The price is currently trading above …
Read More »Here are the Crucial Levels Bitcoin Must Break to See an Explosive Move Higher
Bitcoin has seen a strong move higher throughout the past day, with bulls aiming at reversing the recent market-wide selloff as the cryptocurrency begins pushing higher. Where it trends next will likely depend largely on whether or not bulls can maintain the ongoing uptrend as the weekly candle close fast …
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