John Isige

Bitcoin has since Wednesday stalled under around $50,000. On the downside, immense support between $46,000 and $47,000 has ensured the bearish leg does not stretch further. Meanwhile, BTC has been pivotal at $50,000, unable to make progress above this critical level. Bitcoin’s consolidation could culminate in a massive upswing Since the breakdown on Wednesday, the

Altcoin News

Ethereum price secures key support, but recovery to $4,400 will be a daunting task

Ethereum’s sharp drop from historical highs of $4,400 did not find support above $4,000. The high gravitational force saw Ether explore lower price levels before embracing an anchor at $3,500. This support became crucial to the smart contract token by preventing losses from extending to $3,000. Similarly, buyers shifted their attention from $3,500 to levels

Altcoin News

Ripple price firmly holds crucial support shaking off Bitcoin-triggered selloff

Ripple once again lost steam during an approach to $1.6. A correction began on Wednesday as bears put pressure on the support areas at $1.5 and $1.4, respectively. The news that Tesla had suspended Bitcoin payments for its electric vehicles sent the market in bloodshed led by BTC’s drop under $50,000. Ripple could resume uptrend

Bitcoin News

Bitcoin Price Analysis: Tesla’s unforeseen rejection of BTC payments triggers sharp freefall

Tesla, the largest manufacturer of electric vehicles, has announced that it will no longer accept payments in BTC, citing environmental issues related to the high cost of mining and processing Bitcoin transactions. The news was relayed by Elon Musk, the founder and CEO of the company, saying that purchases using the flagship cryptocurrency had been

Altcoin News

Ethereum price imminent rise to $5,000 could trigger the altcoin season

Ethereum is flying the bullish flag above the horizon in the cryptocurrency space. Data by CoinGecko show that Ether has incurred double-digit gains barely a day after reclaiming support at $4,000. The flagship smart contract token has attracted $64 billion in trading volume over the last 24 hours, $2 billion above Bitcoin’s. Ethereum hits another

Altcoin News

Altcoin News

Ripple Price Prediction: XRP selling slows down while buyers make a comeback

Ripple appears to have renewed the uptrend following the flash drop from $1.6 to $1.2. Overhead pressure seems to be diminishing as bulls take control. Several hurdles have already been overcome, whereby XRP currently trades at $1.52. Ripple’s slightest resistance path is upward The cross-border money transfer token is immediately supported by the 100 Simple

Bitcoin News

Bitcoin Price Prediction: BTC could revisit $50,000 as the technical picture weakens

Bitcoin has recently closed the gap toward $60,000. However, a monthly high formed at $59,612 cut short the bullish advances. Perhaps due to exhaustion in the bullish camp, a correction came to the picture. The retreat occurred in tandem with other crypto assets like Ethereum’s drop from $4,216 to under $3,800. Meanwhile, the cryptocurrency market

Altcoin News

Ethereum Price Forecast: ETH causes mayhem amid sharp drop under $4,000

Ethereum surprised many in the cryptocurrency market when it rallied above $4,000. It was song and dance for investors who have been patient with the pioneer smart contract token. An all-time high was formed at $4,216, allowing bulls to shift the focus to $5,000. However, the bullish momentum began fizzling out, leaving ETH with few

Bitcoin News

Bitcoin Price Analysis: BTC to reclaim $60,000 as liftoff to $65,000 catches momentum

John Isige May 10, 2021

Bitcoin has over the weekend session brushed shoulders with $60,000. The uptrend occurred alongside crypto assets like Ethereum, which stepped above $4,000 for the first time in history. At the time of writing, the flagship cryptocurrency trades at $59,500 following an ongoing upswing from the support at $56,000. Bitcoin draws nigh to $60,000 Last week

John Isige May 10, 2021

Altcoin News

Dogecoin [DOGE] Price On Leap As Largest Exchange Bid To Support DOGE on Official Wallet

Altcoin News

Dogecoin Price Forecast: DOGE holds onto $0.5 key support; how soon will the uptrend to $1 resume?

Dogecoin recently achieved the wish of April’s failed “Doge day” as users and speculators pumped the price to $0.7. The primary mission was to pull DOGE above $1. However, it appears that profit-taking took precedence, adding weight to the overhead pressure. A retreat came into the picture with Dogecoin diving under $0.6. Support seems to

Altcoin News

Bitcoin Price Analysis: BTC treading on shaky ground as hope for $60,000 diminishes

Bitcoin shot up from support established at $53,000. The approached to $60,000 was gradual but steady. Bulls took down several resistance levels, including the 100 Simple Moving Average (SMA), the 50 SMA, and the 200 SMA. However, an immense seller congestion zone at $58,000 became a hard nut to crack. According to data by CoinGecko,

Bitcoin News

Bitcoin price support at $56,000 crucial for takeoff beyond $60,000

Bitcoin has gradually and persistently worked on a recovery mission from $53,000. Various barriers were encountered along the path, including the 100 Simple Moving Average (SMA), the 50 SMA on the four-hour chart, and the critical seller congestion zone at $58,000. In the meantime, the largest cryptocurrency dodders at $56,800 as bulls battle to overcome

Altcoin News

Ripple price takes off for a colossal technical liftoff eyeing $2.3

Ripple finally embraced the vital support at $1.3, allowing bulls to take the mantle. The bullish leg extended above the 50 Simple Moving Average (SMA) on the four-hour chart near $1.5, further cementing the bull’s presence in the market. Last week’s resistance at $1.6 seems to have bolstered XRP beyond $1.7. At the time of

Bitcoin News

Bitcoin Price Prediction: BTC Starts Regaining the Ground to $60,000 As Large Cap Altcoins Outperform

Bitcoin (BTC) price failed to rise above $60,000 earlier in the week, thwarting investor speculation. A robust barrier at$59,000 allowed overhead pressure to rise. Moreover, investors seeking to cash out for profit added weight to the selling pressure, whereby Bitcoin tumbled to $53,000. Meanwhile, support established at $55,000 gave the bulls a substantial boost, explaining

Altcoin News

Dogecoin price blasts to new highs as valuation surpasses Twitter and Ford

John Isige May 5, 2021

Dogecoin’s ongoing rally seems unstoppable after striking new record highs. The meme coin trades above $0.6 at the time of writing. It is up 42% in 24 hours and 119% in the last seven days. The valuation of Dogecoin currently sits at $77 billion. It has outmaneuvered Ripple to become the world’s fourth-largest cryptocurrency. Dogecoin

John Isige May 5, 2021

Bitcoin News

Bitcoin Price Prediction: BTC tumbles eyeing $50,000 amid rejection from $59,000

Bitcoin bulls controlled most of the price action in the market last week despite the mundane trading. The flagship cryptocurrency managed to clear the resistance at $55,500, which bolstered the price to around $59,000. Although investors had speculated BTC closing the day above $60,000 on Monday, a correction ensued, with the largest cryptocurrency diving under

Altcoin News

Ethereum price explodes to historical high close to $3,500 as Vitalik Buterin hits the billionaire list

Ethereum launched to another colossal milestone after striking price levels beyond $3,000. The gigantic smart contract token rallied as Bitcoin failed to rise above $60,000. The lift above $3,000 paved the way for gains that closed the gap toward $3,500. In the meantime, ETH trades at $3,250 after losing some ground from the all-time high.

Altcoin News

Altcoin News

Ethereum price rally intensifies toward $3,000; bulls touch $2,800 for the first in history

Ethereum has continually led the price action this week, especially in the top ten cryptocurrencies. The pioneer smart contract token hit support at $2,000 twice last week before bulls focused on gains toward $3,000. Support at $2,000 was particularly vital to the upswing, which saw Ethereum hit highs above $2,700 and later brushed shoulders at

Bitcoin News

Bitcoin Price Analysis: BTC reconstructs bullish outlook to crown the weekend with $60,000

Bitcoin extended the bearish action significantly following the rejection at $55,000. Tentative support at $54,000 failed to stop the sellers’ advances, allowing the price to explore lower leeks around the 50 Simple Moving Average (SMA) on the four-hour chart. BTC trades at $53,633 at the time of writing amid a bullish building momentum. Bitcoin renews