The Crypto News Site
Ripple price traded higher recently and broke the $ 0.3950 and $ 0.4120 resistances against the US dollar. The price tested the $ 0.4200 resistance area and it is currently correcting gains. There is a connecting bullish trend line forming with support at $ 0.3850 on the hourly chart of the XRP/USD pair (data source […]
The total crypto market cap found a strong support near $ 122.0B and recently climbed higher. Bitcoin price bounced back above the $ 7,700 and $ 7,800 resistance levels. Bitcoin cash price gained a strong bullish momentum and jumped back above $ 400. EOS price is recovered above the key $ 6.00 and $ 6.05 […]
2018, by many measures, was the crypto ecosystem’s worse year yet. Digital assets, even Bitcoin (BTC), lost over 80% of their peak value on average; industry startups laid off chunks of employees or shut down entirely; and the words “crypto” and “blockchain” receded from the limelight, becoming a painful memory for those who “FOMOed” near […]
Bitcoin price formed a double bottom pattern near $ 4,940 and climbed higher against the US Dollar. Bulls pushed the price above the key $ 5,150 and $ 5,160 resistance levels. Yesterday’s highlighted major bearish trend line was breached at $ 5,110 on the hourly chart of the BTC/USD pair (data feed from Kraken). The […]
It’s safe to say that Bitcoin has had a good Q1 2019, gaining upwards of 30 percent of its value since January 1st. Now, a new report has it that if the price consolidates above $ 5,000, this could lead to further increases throughout the year. Bitcoin Price $ 5K Consolidation a ‘Positive Sign’ According […]
ETH price declined towards the $ 160 support against the US Dollar, where buyers took a stand. The price recently recovered and traded above the $ 165 and $ 166 resistance levels. There was a break above a contracting triangle with resistance at $ 164 on the hourly chart of ETH/USD (data feed via Kraken). […]
At long last, CNBC’s “Fast Money” segment has covered the cryptocurrency space again. Interestingly, the show’s contributors expressed optimism, even as many pundits have concluded that Bitcoin (BTC) and other digital assets remain embroiled in a battle with bears. But why do they hold a hopeful attitude? Bitcoin Thawing After Crypto Winter The past few […]
It took six months for the Bitcoin price to register a positive 30-day performance. The world’s leading digital asset, which continues to be in its most extended bearish cycle, corrected 10.4% to the upside in February. It marked the third time in the past 12-months that bitcoin registered a profitable month, the last being July […]
View Bitcoin’s three-day chart is showing a bullish crossover of the 5- and 10-day exponential moving averages for the first time since July. The crossover looks decisive as both EMAs are now trending north, validating the bearish-to-bullish trend change signaled by the high-volume triangle breakout seen on the 3-day chart. The cryptocurrency could test December […]
For the first time since July 2018, Bitcoin (BTC) is on track to record its first green monthly candle, recording a positive month, According to cryptocurrency trader Josh Rager, if the Bitcoin price remains above the $ 3,414 mark by the end of February, BTC will establish a green monthly candle. “Bitcoin is working on […]
While 2018’s lethargic crypto market crawl has continued into early-2019, save for Friday’s sudden buy-side influx, analysts have begun to express optimism. Case in point, Fundstrat Global Advisors, a New York-headquartered investment advisory outfit, expressed why the outlook for Bitcoin and other cryptocurrencies could improve over 2019. Fundstrat Expects Bitcoin Fundamentals To Improve In a […]
By CCN.com: In 2018, with the exception of Bitcoin and several other crypto assets, the majority of cryptocurrencies fell by more than 90 percent against the U.S. dollar. Executives in the crypto space, especially those leading new initiatives and businesses in the emerging industry, believe that the bear market has presented companies with positive opportunities […]
Barron’s reported early Monday morning that Citigroup stock had “slumped” after a positive earnings report that also showed a substantial revenue miss, but by the time of writing the trend was reversing on the NYSE. Citigroup (NYSE:C) is the fourth largest US bank with nearly $ 2 trillion in assets. Citigroup posted earnings of $ […]
The US stocks opened Wednesday on a higher note as President Donald Trump signaled positive outcomes of their trade talks with China. The Dow Jones Industrial Average jumped 0.5 percent to 23902 points after adding 115 points while the S&P 500 gained 0.3 percent. The Nasdaq Composite Index surged by 43.2 – or 0.6 percent […]
Ever since Bitcoin touched the low-$ 3,000 region in mid-December, its price has been gradually increasing and just yesterday broke above the $ 4,000 price level for the first time in a couple of weeks. Bitcoin’s relatively positive price action since it set its 2018 low around $ 3,200 has led one widely viewed technical […]