Key Highlights ADA price extended declines and traded to a new monthly low at $0.1070 against the US Dollar (tethered). There is a crucial bearish trend line formed with resistance near $0.1170 on the hourly chart of the ADA/USD pair…
Category: Crypto Analysis
Ripple Price Analysis: XRP/USD Could Decline To $0.2600
Key Highlights Ripple price extended losses and traded below the $0.3000 support level against the US dollar. There is a key bearish trend line forming with resistance near the $0.3040 level on the hourly chart of the XRP/USD pair (data…
Ethereum Price Analysis: ETH/USD Remains at Risk of More Declines
Key Highlights ETH price recovered a few points after trading as low as $304.26 against the US Dollar. There is a major bearish trend line in place with resistance at $320 on the hourly chart of ETH/USD (data feed via…
Ethereum Classic (ETC) Price Watch: Short-Term Breakdown, But Long-Term Floor Holding
Ethereum Classic Price Key Highlights Ethereum Classic recently tumbled below a short-term ascending trend line to show that sellers are winning out. However, price is also encountering strong support at the long-term floor around $13. A bounce off this level…
Bitcoin Cash Price Analysis: BCH/USD Consolidating Above $550
Key Points · Bitcoin cash price started consolidating losses after trading to the $540 low against the US Dollar. · There is a key connecting bearish trend line formed with resistance at $580 on the hourly chart of the BCH/USD…
Bitcoin (BTC) Price Watch: Still Waiting for Directional Clues
Bitcoin Price Key Highlights Bitcoin price is trending below a short-term descending trend line as it hovers at the long-term floor. Traders are likely waiting for the next catalysts to decide which direction the breakout could take. Technical indicators appear…
Bitcoin (BTC) Technical Analysis: Bitcoin Soaking Gravity before Hitting $15,000
Regardless of the overall bearish sentiment and the SEC weighing in heavily against Bitcoin, bulls seem to be stable and recovering. It’s up five percent and reducing their weekly losses to eight percent as buyers reject prices below $6,000-the upper…
EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis: It’s an Altcoin Black Friday
More often than not, asset prices tend to recover following periods of stretching as the last two weeks demonstrate. In our case, unless we see a recovery in Bitcoin, most coins as Litecoin or EOS for example might extend their…
Students are Mining Bitcoin in University Dorms, Campuses are Alert
While Bitcoin mining — which is the backbone of many public blockchains — is often left to the operators of data centers, some university students have begun to try their hand at running their own, in-dorm mining efforts. Bitcoin Mining In…
What Does Facebook Exec’s Departure From Coinbase Board Mean For Crypto?
“Facebase” might’ve been a fictional company name that you heard after David Marcus of Facebook joined Coinbase’s board, as speculation was rampant regarding the potential for collaboration between the two firms. But for now, it seems that any chance of…
