Altcoins

The broader cryptocurrency market didn’t see a major change in the past 24 hours, as its total capitalization remains the same. As we go into the weekend, it becomes clear that some cryptocurrencies performed really well throughout the week, so let’s dive in. Bitcoin Stable Above $17K The BTC price didn’t go through any major moves in the past 24 hours and remains above $17K. It’s worth noting, however, that it had increased up to $17,360 in the early afternoon yesterday, but...

Bitcoin cash gained pace above the $105 and $108 resistance levels against the US Dollar. The price is now trading above the $110 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $110 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $112 and $114 to continue higher in the near term. Bitcoin cash price is climbing above $110 against the US Dollar, similar to bitcoin. BCH/USD could...

EOS price started a fresh increase above the $0.95 resistance against the US Dollar. The price is now trading above $0.95 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.94 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $1.00 and $1.02 resistance levels. EOS price is rising above $0.95 against the US Dollar, similar to bitcoin. The price could resume its...

After flirting with and above the $17K level for a few days, Bitcoin’s price has been unsuccessful in charting any significant gains above it. Finally, the bears seem to have taken over and pushed the cryptocurrency below it. This happens as the entire market capitalization lost around $20 billion in the past 24 hours, and altcoins are predominantly trading in the red. Bitcoin’s Price Losing $17K The past 24 hours haven’t been particularly favorable throughout the entire...

Tron price started a downside correction from the $0.0550 level against the US Dollar. TRX price is now trading below $0.0535 and the 55 simple moving average (4-hours). There was a break above a declining channel with resistance near $0.0532 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.055 resistance zone. TRON price started a fresh increase above $0.052 against the US Dollar, similar bitcoin. TRX price could rise further if it clears...

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