BitcoinBitcoin had an interesting 7-day trading period as the coin dropped by a small 3% over the week. However, this is because BTC fell by a strong 10% over the weekend as the coin fell from $9,600 to reach as low as $8,500. It rebounded from here and started to climb after the halving occurred earlier in the week.After rebounding, Bitcoin reclaimed the $9,000 level and continued upward to reach the resistance at $9,815 yesterday. It dropped lower from this level today to reach the current...
Read More »Ripple Price Just Recorded New Low Against BTC Since December 2017: Where Is The Bottom? XRP Analysis
XRP saw a 1.5% price rise over the past 24 hours as it managed to climb above the $0.20 level again.The cryptocurrency is facing resistance at the 100-days EMA now.Against Bitcoin, the XRP woes continue as it keeps trading at lows not seen since December 2017.Key Support & Resistance LevelsXRP/USD:Support: $0.20, $0.192, $0.18.Resistance: $0.208, $0.225, $0.235.XRP/BTC:Support: 2100 SAT, 2071 SAT, 2022 SAT.Resistance: 2200 SAT, 2300 SAT, 2360 SAT.XRP/USD: Ripple Facing 100-days EMA...
Read More »Ripple Price Analysis: After 10% Weekly Drop, XRP Facing The Same $0.2 Resistance
XRP saw a 1% price increase today as it attempts to reclaim the $0.20 level.The cryptocurrency broke beneath the rising trend line but found support at a .382 Fib Retracement ($0.192).Against Bitcoin, XRP continues to struggle as it trades at just 2250 SAT, down from the 2750 SAT April high.Key Support & Resistance LevelsXRP/USD:Support: $0.192, $0.18, $0.175.Resistance: $0.20, $0.21, $0.215.XRP/BTC:Support: 2225 SAT, 2220 SAT, 2190 SAT.Resistance: 2260 SAT, 2300 SAT, 2360 SAT.XRP/USD:...
Read More »Bitcoin Price Steady Hours After The Halving: The Calm Before The Storm?
Block 630,000 was mined yesterday, and with it, the third Bitcoin halving was successfully completed. From here on, miners will receive 6.25 BTC for adding new blocks to the network.The hours before the event were fairly turbulent for BTC’s price, but it seems that it has calmed down, at least for now.Bitcoin Price Steady Following The HalvingA bit more than 15 hours after Bitcoin’s halving took place at block 630,000, the price seems relatively stable. At the time of the event, BTC was...
Read More »Ripple Price Analysis: XRP Crashes 17% Following Bitcoin’s Bloodbath, Where To Now?
Ripple turned bearish after losing 17% to reach a key demand level at $0.175There’s no bullish sign for XRP at the moment as bears show more interestAgainst Bitcoin, Ripple dropped to a new monthly low at 2130 SAT levelXRP/USD: Ripple Drops To $0.175Key Resistance Levels: $0.20, $0.222, $0.235Key Support Levels: $0.175, $0.163. $0.146XRP/USD. Source: TradingViewRipple saw a daily 17% drop to $0.175, following a sudden collapse in the entire cryptocurrency market. In anticipation of the...
Read More »Crypto Price Analysis & Overview May 8th: Bitcoin, Ethereum, Ripple, Monero, and Tron
BitcoinBitcoin saw an impressive 11.5% price surge over the past 7 days of trading as the cryptocurrency manages to reach as high as $10,000 again. During the week, the coin managed to break above the previous resistance at $9,000 and continued above further resistance at $9,426 and $9,815 to reach the $10,000 level.Looking ahead, if the buyers break above $10,000, resistance is located at $10,226 (1.618 Fib Extension) and $10,430 (2020 high). Above this, resistance is located at $10,810,...
Read More »Ripple Records 2-Year Low Against Bitcoin But It Still Might Be Far From The Bottom: XRP Price Analysis
XRP saw a 1.5% price increase over the past 24 hours as the coin trades at $0.215.The cryptocurrency is straddling the 100-day EMA as it battles to remain above it.Against Bitcoin, XRP set a fresh 2-year low as it reaches the 2300 SAT level.Key Support & Resistance LevelsXRP/USD:Support: $0.21, $0.20, $0.192.Resistance: $0.226, $0.235, $0.24.XRP/BTC:Support: 2258 SAT, 2225 SAT, 2220 SAT.Resistance: 2360 SAT, 2400 SAT, 2455 SAT.XRP/USD: Ripple Trapped Between 200-days and 100-days EMAsXRP...
Read More »Ripple Price Analysis: XRP Seemingly Stuck At $0.217 As It Struggles To Break 200EMA
XRP dropped by a small 1% today as the cryptocurrency attempts to remain above the 100-days EMA.It is up by a total of 10% over the past 7-days as it trades at the $0.217 level.Against Bitcoin, XRP found strong support at 2455 SAT and has rebounded to reach 2500 SATKey Support & Resistance LevelsXRP/USD:Support: $0.21, $0.207, $0.20.Resistance: $0.226, $0.235, $0.245.XRP/BTC:Support: 2455 SAT, 2400 SAT, 2360 SAT.Resistance: 2560 SAT, 2600 SAT, 2620 SAT.XRP/USD: Ripple Battles To Remain...
Read More »XRP Gains 13.5% In A Week But Struggles At 200EMA And Against Bitcoin. Ripple Price Analysis
XRP saw a strong 13.5% price increase this week as the coin pushes above $0.22The cryptocurrency faces resistance at $0.228, where lies the 200-days EMA.Against Bitcoin, XRP as struggling toward the end of April after creating a fresh monthly low at 2400 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.217, $0.21, $0.208.Resistance: $0.228, $0.24, $0.245.XRP/BTC:Support: 2700 SAT, 2680 SAT, 2620 SAT.Resistance: 2750 SAT, 2800 SAT, 2850 SAT.XRP/USD: Ripple Must Break 200-days EMA To...
Read More »Crypto Price Analysis & Overview May 1st: Bitcoin, Ethereum, Ripple, Stellar, and Chainlink
BitcoinBitcoin saw an impressive 17.5% price increase over the past 7-days of trading as the cryptocurrency managed to climb above the $7,500 resistance to break above $8,000. It continued to push higher and eventually reached a weekly high of $9,430 before dropping to the current resistance at $8,870 (1.272 Fib Extension).This price increase is not surprising because the Bitcoin block halving event is just a short 10-days away.If the buyers continue to push above the current $8,870 level,...
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