Bitcoin rallied on Thursday after the Federal Reserve vowed to support the economic recovery in the United States. The benchmark cryptocurrency jumped 3.80 percent to $58,083 after declining two days in a row. Meanwhile, its rivals across the crypto space, including the second-largest token Ethereum and its runner-up Binance Coin, …
Read More »TA: Ethereum Starts Recovery, Why $1,650 is a Major Hurdle
Ethereum is likely forming a strong support base above $1,580 against the US Dollar. ETH price could recover further, but it could face a strong resistance near $1,650. Ethereum remained strong above $1,550 and started a decent recovery. The price is still well below the $1,650 resistance and the 100 …
Read More »TA: Bitcoin Drops To $54K, Why Recovery Could Be Limited In Short-Term
Bitcoin price extended its decline below the $55,500 support zone against the US Dollar. BTC is currently recovering, but it is likely to struggle near $55,500 and $56,450. Bitcoin failed to clear $58,000 and it started a fresh decline below $57,000. The price is now trading well below $56,450 and …
Read More »Bitcoin Extends Recovery Rally on Firmer Dollar, Stimulus Negotiations
Bitcoin prices climbed for the second day on Tuesday, spurred by increased optimism over the second stimulus package in the United States and a firmer US dollar. Positive risk-on momentum throughout the Asian and the early European session briefly pushed the flagship cryptocurrency to a new week-to-date high of $35,469. …
Read More »TA: Ethereum Starts Recovery, Why ETH Could Face Resistance Near $1,250
Ethereum declined close to 20% and it tested the $1,050 zone against the US Dollar. ETH price is currently recovering, but it might struggle near $1,200 and $1,250. Ethereum declined heavily after it broke the $1,250 and $1,200 support levels. The price is now correcting losses from $1,042, but it …
Read More »Trader cries foul play as $30K Bitcoin price dip ends in biggest-ever daily recovery
A surge in excess of 20% accompanies the 12 hours after Bitcoin bounced off $30,000, but questions over the events are mounting. Source link
Read More »Bitcoin Explodes Past $37,500 Amid Rapid Recovery
Bitcoin plunged as low as $34,500 on top spot exchanges last hour as selling pressure picked up ahead of the weekly close. The cryptocurrency fell as low as $35,000 on futures exchanges as well, though spot sellers were leading the correction. While some began to fear that a deeper correction …
Read More »Charted: Ripple (XRP) Recovery Faces Hurdle, Why Dips Could Be Limited
Ripple started a strong recovery wave above the $0.2500 and $0.3000 levels against the US Dollar. XRP price is currently facing a strong resistance, but dips might be limited below $0.2500. Ripple started a fresh upward move after forming a support base near $0.2150 against the US dollar. The price …
Read More »XRP price faces a rocky road to recovery ahead of SEC’s Ripple lawsuit
Though Ripple CEO Brad Garlinghouse is prepared to challenge the SEC over its lawsuit, the knock may be hard to come back from. Source link
Read More »TA: Bitcoin Recovery Capped, Why $18.6K Is A Major Breakout Zone
Bitcoin price extended its decline towards the $17,650 level before correcting higher against the US Dollar. BTC is now facing hurdles near $18,600 (the previous key support). Bitcoin is facing hurdles near the previous support at $18,500 and $18,600. The price is still well below the $19,000 pivot level and …
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