BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance...
Read More »Ripple Records 3-Month High, Did Alt-Season Finally Hit XRP? (Price Analysis)
XRP saw a very strong 9.5% price hike today, and it reached $0.24.The coin has now created a fresh 3-month high not seen since late April 2020.Against Bitcoin, XRP continues to struggle as it fails to break 2200 SAT.XRP/USD: XRP Bulls Attempting To Break Above April HighsKey Support Levels: $0.234, $0.225, $0.22.Key Resistance Levels: $0.245, $0.25, $0.255.Since passing the 200-days EMA at $0.21 earlier in the week, XRP has continued to surge as it reached the $0.241 level today. It managed...
Read More »Bitcoin Challenges $11K As Altcoins Seek Recovery
After several days of gains, Bitcoin has stalled a bit around the $11,000 mark. Simultaneously, most large-cap altcoins have managed to increase their value against both the US dollar and BTC.Bitcoin At $11,000The past several days were nothing short than impressive for the primary cryptocurrency. Its $2,000 price surge came somewhat surprisingly for some, but BTC reclaimed successfully, firstly $10,000, then the significant $10,500 resistance.Bitcoin also attempted to conquer $11,000 on a...
Read More »Ripple Price Analysis: XRP Records 2-Month High, Finally Ready For Bull-Run?
XRP saw a small 2.67% increase today as it pushed above $0.22. The coin is now trading above the June 2020 high as it faces resistance at $0.225. Against Bitcoin, XRP is trying to push higher but is struggling with resistance at 2200 SAT. XRP/USD – XRP Bulls Push To 2-Month Highs Key Support Levels: $0.215, $0.21, $0.20.Key Resistance Levels:$0.225, $0.235, $0.24. XRP managed to push back above the $0.2 resistance last week and has been climbing higher ever since. The coin pushed above the...
Read More »Ethereum Surpassing $300 As Bitcoin’s Dominance Records Yearly Low
Bitcoin continued its steady bullish move, and currently trading safely around the $9,700 mark, while Ethereum has breached above the $300 level. Other altcoins have also marked significant gains in the past 24 hours, thus reducing BTC’s dominance over the market towards the 60% dominance, which is a new year low.Altcoins On The RiseThe second-largest cryptocurrency by market cap has kept its decisive move forwards running. Ethereum traded at $235 on July 21st, but it seems that its essential...
Read More »Crypto Price Analysis & Overview July 24th: Bitcoin, Ethereum, Ripple, DigiByte, and Augur
BitcoinBitcoin saw a strong 4% price rise this week, which saw it hit the $9,500 level. The cryptocurrency started the week by trading at the lower boundary of a symmetrical triangle near the $9,000 support region. From there, it rebounded higher, which allowed Bitcoin to break above the triangle and exit the previous phase of consolidation.This positive breakout now puts Bitcoin on the bullish trajectory as it sets its sights towards the $10,000 level again.Looking ahead, the first two...
Read More »Ripple Price Analysis: XRP Breaks Above $0.20 Joining The Altcoin Party
XRP increased by 4% today as the bulls climb back above $0.2.The coin was trading at the .382 Fib Retracement for the majority of July and bounced higher from there.Against Bitcoin, XRP is within an acute descending triangle as the buyers battle to remain above 2100 SAT.XRP/USD: XRP Bulls Finally Reclaim $0.2Key Support Levels: $0.2, $0.192, $0.18.Key Resistance Levels: $0.21, $0.215, $0.225.Since reaching the 100-days EMA in early-July, XRP has traded sideways as it moved lower toward the...
Read More »Ripple Price Analysis: Will XRP Bulls Finally Reclaim $0.20?
XRP saw a nice 1% price hike today as the coin edges back toward $0.20.It has been trying to reclaim $0.2 for the past 10-days but has failed on each attempt.Against Bitcoin, XRP continues its recovery as it found strong support at 2100 SAT.XRP/USD: XRP Bulls Struggling To Reclaim $0.2Key Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels: $0.20, $0.21, $0.215.At the start of July 2020, XRP rebounded from the support at $0.175 (.5 Fib Retracement) as it pushed higher to reach the...
Read More »Ripple Price Analysis: When Will XRP Break $0.2 And Join The Altcoin Party?
XRP has traded sideways today as it rises by a small 0.15% to reach $0.1985.The coin is currently battling to climb back above the $0.20 level.Against Bitcoin, XRP is starting to grind lower after reaching 2200 SAT last week.XRP/USD: XRP Bulls Defending 100-day EMAKey Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels: $0.20, $0.21, $0.215.XRP managed to reach as high as the 200-days EMA last week, as the coin hit the $0.21 level. From there, XRP started to slowly grind lower over...
Read More »Ripple Price Analysis: Following 10% Weekly Gains, XRP Bulls Battling to Defend An Important Support
XRP surged by a strong 9.5% over the past week as the coin reclaims $0.20.The cryptocurrency is facing strong resistance at the 200-day EMA at around $0.21.Against Bitcoin, XRP has started to recover as it attempts to break the 2200 SAT resistance.XRP/USD: XRP Buyers Holding Above $0.2Key Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels: $0.215, $0.225, $0.235.Last week, XRP bounced from the $0.175 (.5 Fib Retracement) support as it climbed above the 100-day EMA to break $0.2. It...
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