Bitcoin (BTC) Price Testing Last Line Of Defense With Positive Bias

Bitcoin price is showing positive signs and settled above $10,000 against the US Dollar. The price is now trading near the key $10,400 resistance area, which is preventing gains. Yesterday’s highlighted important bearish trend line is acting as a solid resistance near $10,420 on the hourly chart of the BTC/USD pair (data feed from Kraken). […]

Bitcoin Rises Minutes After China Announces Additional Tariffs on US

Bitcoin began an impressive price surge minutes after China announced that it would slap additional tariffs on US goods. Beijing said late Friday that it would increase taxes on $70 billion worth of US imports of between 5 and 10 percent. That progressed its already worsening trade dispute with Washington which last week had announced […]

Bitcoin (BTC) Price Near Inflection Point: Bears Remain In Control

Bitcoin price is currently correcting higher above the $10,000 resistance against the US Dollar. The price is facing many key resistances near the $10,250, $10,300 and $10,400 levels. There is also a connecting bearish trend line forming with resistance near $10,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price […]

Crypto Market And Bitcoin Approaching Resistance: ETC, BCH, EOS, TRX Analysis

The total crypto market cap is currently correcting higher towards the $268.0-$270.0B resistance. Bitcoin price is also approaching towards a major resistance near the $10,200 and $10,250 levels. EOS price recovered more than 5% and it is now trading near the $3.650 resistance. Ethereum Classic price rallied close to 20% and broke the $7.00 resistance […]

Ripple Price (XRP) Facing Uphill Task: Fresh Decline Likely

Ripple price started an upside correction after trading as low as $0.2580 against the US dollar. Bitcoin price is back above $10,000, but it is facing many important resistances near $10,250. Yesterday’s followed key declining channel with resistance near $0.2670 was breached on the hourly chart of the XRP/USD pair (data source from Kraken). The […]

Ethereum Price (ETH) At Potentially Major Turning Point

ETH price started a decent recovery after it tested the $180 support area against the US Dollar. The price is currently struggling to break a major resistance area near the $195 level. There is a key contracting triangle forming with resistance near $194 on the hourly chart of ETH/USD (data feed via Kraken). The pair […]

Bitcoin (BTC) Price Target Additional Weakness, Upsides Remain Capped

Bitcoin price declined heavily in the past few sessions below $10,000 against the US Dollar. The price is currently correcting higher after it tested the $9,750 support area. There is a declining channel forming with resistance near $10,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could correct higher […]

Crypto Market And Bitcoin Turn Vulnerable: BCH, BNB, EOS, TRX Analysis

The total crypto market cap extended its decline and broke the key $260.0B support. Bitcoin price declined around 8% and settled below the key $10,000 support. EOS price traded below the $3.550 support and remains at a risk of more downsides. Binance Coin (BNB) is extending its decline below the key $27.50 support level. BCH […]

Ripple Price (XRP) Targets Fresh Monthly Low: BTC & ETH Takes Hit

Ripple price is following a bearish path and it recently broke the $0.2700 support against the US dollar. Bitcoin price is down around 8% and it settled below the key $10,000 support area. There is a major declining channel forming with resistance near $0.2680 on the hourly chart of the XRP/USD pair (data source from […]

Ethereum Price (ETH) Turned Sell On Rallies As Bitcoin Dives 8%

ETH price started a fresh decrease after it failed to climb above the $202 resistance against the US Dollar. The price is down more than 8% from the high and it is now trading well below $190. There is a connecting bearish trend line forming with resistance near $190 on the hourly chart of ETH/USD […]