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Bitcoin Cash Analysis: Approaching Next Crucial Bullish Break

Bitcoin cash price started a fresh increase after testing the $230 support against the US Dollar.The price is back above the $245 resistance and testing the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $258 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to start a strong rally if it clears the $255 and $258 resistance levels.Bitcoin cash price is gaining momentum above $245, similar to bitcoin...

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Bitcoin Price Surges Towards $15K, How High Can The Parabolic Rally Reach? (BTC Analysis)

Bitcoin price continues to break new grounds today as bulls prepare to take on the $14,900 resistance. Since the bottom of the brief dip yesterday at 08:00 UTC, $24 billion has been added to the market with most of it being piled into BTC. Bitcoin dominance has now broken over 65.0% for the first time since June, which shows there’s currently little interest in altcoins at this moment in time. Even some of the typically strong performing DeFi tokens such as Yearn.finance...

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EOS Price Analysis: Significant Bullish Breakout Scenario

EOS traded to a new monthly low at $2.241 before correcting higher against the US Dollar.The price is currently trading above $2.350, but it is well below the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $2.420 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the $2.420 and $2.500 resistance levels in the near term.EOS price is showing a few positive signs above $2.350...

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Litecoin (LTC) Price Analysis: Bulls Eyeing Fresh Rally To $60

Litecoin price found support near the $51.20 level and recently corrected higher against the US Dollar.LTC price is currently trading above the $54.00 level and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $54.70 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the $56.00 resistance level in the near term.Litecoin price is showing positive signs above $54.00...

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Tron (TRX) Price Analysis: Key Breakout Zone Near $0.025

Tron price started a fresh decline from the $0.0270 resistance zone against the US Dollar.TRX price is currently recovering above the $0.0240, but it is well below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance at $0.0250 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase if there is a clear break above the $0.0250 resistance zone.TRON price is currently recovering from $0.0230 against the US Dollar,...

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Ethereum and DeFi Have Really Pushed Bitcoin Ahead

Bitcoin is doing rather well as of late, but among all the reasons why, one of them has really got advocates scratching their heads. It looks like the world’s number one cryptocurrency by market cap is getting a lot of support from its biggest competitor: Ethereum.Ethereum Has Really Moved BTC ForwardAs the second-largest cryptocurrency in the world, Ethereum was introduced in 2015, roughly six years after bitcoin was first brought to the trading table. The currency is widely recognized for...

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Bitcoin stagniert vor US-Wahl

Die weltweit wichtigste Präsidentschaftswahl steht an. In dieser Nacht entscheidet sich, ob es weitere 4 Jahre für US-Präsident Donald Trump geben oder ob ihn der demokratische Kandidat Joe Biden ablösen wird. Der Markt zeigt vor dieser Entscheidung einen klaren Abwärtstrend bei den Altcoins, der BTC stagniert aktuell. Bitcoin News: Bitcoin stagniert vor US-WahlOb die US-Wahl tatsächlich einen großen Einfluss auf den Bitcoin-Markt haben wird, bleibt abzuwarten. Allerdings ist davon...

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Cardano (ADA) Price Analysis: Breaks Key Support, More Losses Possible

ADA price started a fresh decline from well above the $0.1000 support against the US Dollar.The price is now trading well below the $0.0920 support and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.0960 on the 4-hours chart (data feed via Kraken).The price is likely to continue lower towards the $0.0850 support or $0.0832 in the near term.Cardano price is gaining bearish momentum below $0.0950 against the US Dollar, similar to...

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Altcoin Nightmare: Market Cap Down $10 Billion as Bitcoin Dominance Surges

Bitcoin continues to struggle ever since it peaked above $14,100 during the weekend. The situation with alternative coins is even worse, and the total market capitalization has dipped to about $390 billion. Bitcoin’s Struggles Since Its 1,000-Day Peak CryptoPotato reported over the weekend that the primary cryptocurrency spiked to a new 2020 high of about $14,100. The difference between this record and the previous ones registered in October was that it surpassed the 2019’s...

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Ethereum Price Analysis: ETH Approaching Key Support at $365

Ethereum price started a fresh decline from well above $392 against the US Dollar.ETH price is currently trading below the $385 support and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $397 on the 4-hours chart (data feed from Coinbase).The pair is testing the $372 support and there is also a major support at $365.Ethereum price is declining and trading below $390 against the US Dollar. ETH/USD must stay above the $365 support to...

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