Tag Archives: BNBBTC

BNB/USD – Buyers Push BNB Back Above $30.Key Support Levels: $27.17, $26, $24.90.Key Resistance Levels: $30, $31.30, $32.60.Binance Coin has been performing extremely well since it bounced from the support at $23 in late-September. So far, the coin has increased by a total of 35% since then as it hits the $30.72 resistance level today – provided by a long-term 1.414 Fib Extension level.The price surge today allowed BNB to create a fresh October high above $30 after the exchange announced the...

Following yesterday’s surge to about $11,500, Bitcoin has retraced slightly and trades at about $11,350. Most altcoins have also calmed after charting two consecutive days of gains.Bitcoin Steady Above $11KAs reported yesterday, the primary cryptocurrency initiated an impressive leg up. Bitcoin went from about $10,900 to its new monthly high of nearly $11,500 with just a few hourly candles.After registering such notable gains in a relatively short period, BTC has retraced slightly and calmed....

After trading below $11,000 for weeks, Bitcoin finally broke above that psychological level with a 5% increase in the past 24 hours. The altcoins have come along for the ride, and the market cap has jumped by nearly $20 billion since yesterday.Bitcoin Breaks Above $11,000Bitcoin was steadily increasing in the past few days and neared the coveted $11,000 yesterday. Unlike the previous attempts to conquer that level, though, BTC smashed above it rather decisively this time.The primary...

Following yesterday’s announcement that Square has purchased $50 million worth of Bitcoin, the asset has reacted with a significant price jump to $10,900. Most altcoins have followed suit and the cryptocurrency market cap has increased by $12 billion.Bitcoin To $10,900 Due To Square?Bitcoin was in a bit of a pickle in the past few days trading around $10,600. Yesterday didn’t appear as a breakthrough day for the asset as it was slowly declining towards $10,540 (on Binance).However,...

Bitcoin has failed to sustain its recent bullish run and has dropped to approximately $10,600. Most alternative coins have mimicked BTC’s move, resulting in a $10 billion loss from the total market cap.Bitcoin Fails At $10,800As reported yesterday, Bitcoin had reacted positively on news that US President Donald Trump left the hospital after a few days and returned to the White House. The primary cryptocurrency, copying gains on Wall Street, accelerated in price and peaked at $10,800.However,...

BNB/USD – Bulls Head Back Toward October HighsKey Support Levels: $27.17, $26, $25.Key Resistance Levels: $30, $31, $32.5.In the last week of September, Binance Coin dropped into the support at $23 and rebounded to reach as high as $29.30 by the end of the month. As October started, BNB headed lower from this resistance but managed to find strong support at the $26 level. A .5 Fib Retracement further bolstered this level at the $25.77 mark.BNB bounced from $26 over the past couple of days and...

Bitcoin has stayed in a relatively tight range between $10,500 and $10,600.Most large-cap altcoins performed similarly, except for Binance Coin. After a 9% increase for the week, BNB now occupies the 5th spot in terms of total market cap.Bitcoin Remains In A Tight RangeFollowing the recent price declines from Friday and early Saturday, Bitcoin calmed down. Since yesterday, BTC dipped to a low of around $10,500 and jumped towards the intraday high of $10,600.In the past 24 hours, BTC has...

Following the recent price decreases after the BitMEX and Donald Trump COVID19 news, Bitcoin has calmed and trades above $10,500. The situation with the altcoins is somewhat different as most continue struggling.Bitcoin Stays Calm After The DropsAs reported yesterday, Bitcoin tumbled from $10,900 to about $10,450 in a matter of hours. The drop came after news broke that the US CFTC charged the owners of the large cryptocurrency derivatives exchange BitMEX for illegally operating the platform...

BitcoinOver the past seven days, Bitcoin dropped by a total of 2% as it currently trades around the $10,500 level. The week was pretty interesting after it rebounded from a 6-month-old rising trend line last week. After bouncing, it continued higher to reach as high as $10,900 at the start of October.Unfortunately, Bitcoin failed to break resistance at a falling trend line, and it rolled over yesterday to drop back into the support at a long-term rising trend line. These two trend lines...

Bitcoin was riding high around $10,900 before dumping below $10,500 following the controversial BitMEX news from yesterday. Most alts have copied the move downwards, resulting in a $15 billion loss for the market cap.Bitcoin Tumbles On BitMEX NewsAs CryptoPotato reported yesterday, the US Commodity and Futures Trading Commission charged the owners of one of the largest Bitcoin derivatives exchange, BitMEX, for illegally operating the platform and anti-money laundering violations.Being such an...