Bitcoin price started a major downside correction after it traded as high as $10,954 against the US Dollar.The price is currently trading near a major support area at $10,000, which holds the key.There is a major bullish trend line forming with support near $10,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair remains well supported on dips near the $10,000 and $9,800, below which it could gain bearish momentum.Bitcoin price is struggling to bounce back above...
Read More »Crypto Trading: Please Hold My Hand
The cryptocurrency market is more than a few years old now and is still waxing strong. Bitcoin, the first major decentralized digital asset was released back in 2009 and even though that’s about a decade ago, it might not be a very long time in the grand scheme of things.New innovation always comes with some skepticism and cryptocurrency is no different. With the crypto market, four main factors have been identified as the major factors stifling growth in the market. They are general...
Read More »Ethereum Price Analysis: ETH Could Rally Above $185-$190
Ethereum price started an upward move and climbed above the $175 resistance against the US Dollar.ETH price is currently consolidating above the $180 level and it could continue to rise.There was a break above a major bearish trend line with resistance near $175 on the 4-hours chart (data feed from Coinbase).The price could climb higher significantly and it may perhaps break the $185 and $190 resistances.Ethereum price is gaining bullish momentum above $175 against the US Dollar. ETH price...
Read More »Ripple Price Analysis: XRP Likely Staging For Solid Upward Move
Ripple price is forming a support base near the $0.2475 level against the US dollar.The price is currently struggling to surpass the key $0.2650 and $0.2660 resistance levels.There was a break above a major bearish trend line with resistance near $0.2615 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could start a solid upward move if it manages to break the $0.2650 and $0.2660 resistances.Ripple price is consolidating in broad range below $0.2650 against the US...
Read More »Die Gründe für den heutigen Bitcoin Crash
Es war ein kleiner Crash, im Vergleich zur volatilen Historie des BTC. 7 Prozent verlor der Bitcoin in der Spitze innerhalb der letzten 24 Stunden, trotz bullisher Prognosen. Damit landete der BTC sogar wieder unter der Marke von 10.000 US-Dollar, die für viele als neue Baseline für den Support betrachtet wird. Hier die Hauptgründe für den Mini-Crash.Bitcoin News: Die Gründe für den heutigen Bitcoin CrashEiner der ersten Gründe sind Bitcoin Futures, die morgen an der CME in Chicago auslaufen....
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