Markets

Bitcoin price started a major upward move from the $17,500 support zone against the US Dollar.The price is now trading well above $19,000 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $19,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the $19,570 and $19,800 resistance levels.Bitcoin price is currently showing bullish signs above $19,000 against the...

LINK/USD: Link Bounces Back SlightlyKey Resistance Levels: $14, $16, $17.34Key Support Levels: $11.2, $9.6, $7.29LINK/USD Chart. Source: TradingViewChainlink increased by a small 1.3% today due to the slight recovery in the entire crypto market since last Friday. It’s now priced at $12.6. Despite the latest corrections, LINK still appears bullish on the daily chart. It recently found support on the ascending trend line drawn from September’s low.Looking at the 4-hours chart, LINK is yet to...

Abra Inc. is bringing its clients a whole new cryptocurrency market that will allow them to compare prices and buy more than 600 separate types of cryptocurrency from single locations. The platform is designed to be global, meaning it can be accessed by traders and crypto fans from virtually all points of the world.Abra Is Allowing Customers to Compare Crypto PricesAbra – which was founded roughly six years ago in 2014 – initially started out as a peer-to-peer cryptocurrency remittance...

Well, it’s another somewhat ugly day for bitcoin. Just yesterday, the world’s number one digital currency by market cap was trading in the low $18,000 range, which was a big hit from the $19,000+ it had been experiencing in the weeks before. Now, the asset has lost more than $1,000 off that price, and at first glance, it looks like 2020 may not be ending on the high note that everyone initially predicted.Bitcoin Has Dropped, But It Hasn’t FallenAnd yet many analysts still believe that this is...

Bitcoin price has been oscillating within a narrow $450 range for the past 3 days now as bulls struggle to break over the 0.5 Fibonacci Extension level at $19,480. This area between $19,044 and $19,480 is the same spot that BTC was stuck inside of during December 5 – 8, right before prices tanked by $1,560.According to Bitcoin’s volatility chart (BVOL24H), the leading crypto has fallen by almost 43% since December 9th, and the global crypto market capital has also started pushing sideways....

ETH/USD: Price Consolidates After A ReboundKey Resistance Levels: $600, $636, $700Key Support Levels: $530, $489, $450ETH/USD. Source: TradingViewEthereum saw a 2% increase over the past hours following recovery from $530 over the weekend. These gains have pushed the second largest coin by market cap to its current price of $586. ETH is likely to face critical resistance at $600.Volatility may be low at the moment but its bullish trend is still looking strong in the long-term. Meanwhile, the...

For a long time, the blockchain gaming market was dominated by simple gambling applications, such as dice games. But now, developers are starting to ramp up their efforts.Of all blockchain’s “killer use cases,” integrating the technology into gaming offers perhaps the most significant benefits to both sides. There are an estimated 2.7 billion gamers in the world – more than a third of the world’s population, providing a sizable base of potential adopters. From the gaming perspective,...

[PRESS RELEASE – Please Read Disclaimer]Sibiu, Romania, Dec 15th 2020 – Elrond, the internet-scale blockchain designed to bring a 1000x improvement in throughput and execution speed over existing decentralized networks, announced that its token eGold will join the list of cryptocurrencies available in the eToro ecosystem by listing on eToroX.eToroX is eToro’s professional crypto exchange. Conceived and produced for the corporate and institutional-grade crypto trading community, the eToroX...

ADA price started a fresh increase above the $0.1400 and $0.1500 resistance levels against the US Dollar.The price is now trading below the $0.1500 level and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.1460 on the 4-hours chart (data feed via Kraken).The price could accelerate higher once there is a clear break above the $0.1600 resistance.Cardano price is showing a few bullish signs below $0.1500 against the US Dollar,...

Ethereum price started a fresh increase above $570 and $580 against the US Dollar.ETH price is currently trading above the $585 pivot and the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $570 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards the $608 and $622 resistance levels.Ethereum price is slowly gaining pace above $580 against the US Dollar. ETH/USD is likely remain in a positive...