Bitcoin cash price declined recently below the $424 and $400 support levels against the US Dollar.The price is currently recovering above the $370 level after testing $350.There is a key declining channel forming with resistance near $390 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a fresh increase if it breaks the $390 and $400 resistance levels.Bitcoin cash price is showing signs of a decent recovery from $350 against the US Dollar. BCH/USD must...
Read More »EOS Price Analysis: Decline To Extend Below $3.80
EOS price failed to stay above $5.000 and declined heavily below $4.400 against the US Dollar.The price even dipped below the $4.000 support area and tested the $3.650 level.There was a break below an ascending channel or a bearish flag with support near $4.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could struggle to recover above $4.200 and $4.400 in the near term.EOS price is showing signs of more weakness below $4.000 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Vulnerable To A Drop Below $75
Litecoin price started a sharp decline from the $80.00 resistance area against the US Dollar.LTC price broke the $75.00 support area to move into a short term bearish zone.There is a key bearish trend line forming with resistance near $75.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could accelerate its losses if it breaks the $67.50 and $65.00 support levels.Litecoin price is showing bearish signs against the US Dollar, similar to bitcoin. LTC price could...
Read More »Bitcoin Margin Trading: So funktioniert das Handeln mit Hebeln
Leihplattformen für unterschiedliche Kryptowährungen, wie beispielsweise Youhodler, waren einst eine gute Lösung für sogenannte „HODLer“, welche schnell Zugriff auf die Fiat-Währung erhalten wollten. Wichtig war in diesem Zusammenhang, dass sie ihre favorisierten Krypto-Assets nicht verkaufen mussten. Mit Hilfe der Leihplattformen konnten die „HODLer“ also sicherstellen, dass sie keine Bullenläufe verpassen und mit ihrem Krypto absichern. Im Laufe der vergangenen Jahre hat die...
Read More »Cardano (ADA) Price Analysis: Fresh Increase Above $0.065 Likely
ADA price found support near the key $0.0560 and $0.0550 levels against the US Dollar.The price recently recovered and climbed above the $0.0600 resistance area.There is a key contracting triangle forming with resistance near $0.0640 on the 4-hours chart (data feed via Kraken).The price must climb above the $0.0640 and $0.0650 resistance levels to start a fresh increase.Cardano price is slowly gaining pace above $0.0600 against the US Dollar, similar to bitcoin. ADA price is likely to...
Read More »Bakkt: Bitcoin Futures gefragt wie noch nie!
Seit Montag, dem 22. Juli 2019 bietet Bakkt seine Dienstleistungen für die ersten Kunden an. Zuallererst: Wer wissen möchte, warum Bakkt so heisst, findet die Aufösung unten in diesem Blogpost. Aber jetzt zum eigentlichen Thema: Seit Mitte Januar steigt das Tagesvolumen im Bakkt Bitcoin-Terminmarkt stetig an. Trotz heftiger Kritiker von einigen Investoren, welche der derzeit...
Read More »Bitcoin Price Analysis: BTC Primed For More Gains Above $10,500
Bitcoin price corrected lower and tested the $9,500 support area against the US Dollar.The price is back in a positive zone and it recently rallied above the $10,000 resistance.There was a break above a major bearish trend line with resistance near $10,040 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher towards $10,500 and $11,000 in the near term.Bitcoin price is back in a positive zone above $10,000 against the US Dollar. BTC is...
Read More »Tron (TRX) Price Analysis: Bulls Facing Uphill Task
Tron price traded to a new 2020 high at $0.0268 before correcting gains against the US Dollar.TRX price declined below the $0.0235 support and recently tested $0.0200.There was a break below a key bullish trend line with support near $0.0225 on the 4-hours chart (data feed via Bitfinex).The price is currently rising, but it is likely to face a strong resistance near $0.0235.TRON price is likely to resume its upward move against the US Dollar, similar to bitcoin. However, TRX price must clear...
Read More »Ethereum Price Analysis: ETH Bulls Eyeing Crucial Break Above $300
Ethereum price corrected lower below $260 and $250 against the US Dollar.ETH price found support near the $236 level and it recently bounced back above $265.There is a major bullish trend line forming with support near $248 on the 4-hours chart (data feed from Coinbase).The price is likely to continue higher if it clears the $274 resistance area.Ethereum price is showing many bullish signs above $250 against the US Dollar. ETH/USD might aim a key upside break above the $300 resistance in the...
Read More »Stellar Lumen (XLM) Price Nosedives Below $0.075, More Losses Possible
Stellar lumen price topped near the $0.0888 area and declined heavily against the US Dollar.XLM price broke a few key supports near $0.0800 to enter a bearish zone.There was a break below a major bullish trend line with support near $0.0752 on the 4-hours chart (data feed via Kraken).The pair even broke the $0.0700 support area and it is currently consolidating losses.Stellar lumen price is trading in a bearish zone against the US Dollar and bitcoin. XLM could continue to move down if it...
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