Price Analysis Archives

Bitcoin/US dollar perpetual inverse swap contract falls back to $9,200 support after hitting a wall under $9,500. XBT/USD is clinging to the 50-day EMA support in a bid to prevent possible declines under $9,000. Bitcoin/US dollar perpetual inverse swap contract has resumed the downtrend following a rejection from levels close to $9,500. A short-lived rally

Price Analysis

Price Analysis

Bitcoin Price Analysis: Why BTC/USD Breakdown To $8,000 Is Around The Corner?

Bitcoin price rejected from levels under $9,500 to seek balance above $9,200. BTC/USD is staring into a bottomless pit especially if the triangle support fails to hold. Bitcoin corrected above $9,400 for the first time this week. Unfortunately, it became an uphill task to sustain gains about above $9,500; a move that could have eventually

Price Analysis

Cardano Price Prediction: ADA/USD Journey To $0.2 Begins

Cardano begins the transition to the Shelly mainnet as the price skyrockets above $0.10. ADA/USD bulls fight for support above $0.12 in order to avert losses under $0.10. Cardano, the eighth-largest cryptocurrency by market capitalization is flying the bullish flag above the cryptocurrency landscape. Over the last six weeks, the digital asset has been a

Bitcoin News

Bitcoin Price Analysis: BTC/USD Begins To Make The Vital Steps To $10,000

Bitcoin price majestically steps above $9,400 and the trendline resistance; reviving the hope of trading above $10,000. BTC/USD could enter into consolidation based on the MACD’s sideways movement at the midline. Bitcoin price has finally broken above the key descending trendline. This follows a gradual recovery from the recent dip to $8,805. The 100-day Exponential

Price Analysis

Ripple Price Analysis: XRP/USD Surges 5% Thoroughly Outshining Bitcoin and Ethereum

Ripple is standing tall above the cryptocurrency horizon with gains hitting $0.1950. XRP/USD bulls must establish support above $0.19 for a smooth ride above $0.20. Ripple is at the forefront of recovery in the cryptocurrency industry. It is as though the cryptoasset has decided to give back to the investors who have been battered greatly

Bitcoin News

Bitcoin Technical Analysis: Bitcoin Hashrate Rate Surges To All-Time High But Why Is BTC/USD In A Lull?

Bitcoin network activity hits a new all-time high as mining activity surges mainly due to cheaper electricity. Bitcoin price is embracing a sideways trend between $9,200 support and the resistance at $9,400. Bitcoin hash rate, according to the data released by TradeBlock, a cryptocurrency firm, has hit a new all-time high. A chart image published

Price Analysis

Ripple Price Prediction: XRP/UISD Overcomes Channel Resistance, Is $0.20 Coming Down Next?

Ripple price hits a wall at $0.19 following recovery from primary support at $0.17. XRP/USD is gradually falling back into the hands of the bulls; support anticipated at $0.1850. Ripple price has been in gain trimming exercise since the beginning of June. A descending channel stood in the way of upward movement. On the downed,

Price Analysis

Price Analysis

Bitcoin Price Analysis: BTC/USD Stuck In Consolidation, What To Expect?

Bitcoin price settles in a range between $8,900 and $9,400. BTC/USD technical picture remains drab as observed with the RSI and the MACD’s horizontal movements The most-traded cryptocurrency in the industry, Bitcoin has continued to trade sideways since the week commenced. There have been instances of recovery but none has managed to clear the resistance

Altcoin News

Altcoin News

Ethereum Price Analysis: Showing Bearish Outlook Below 228 USD

Vince Prince July 3, 2020

ETHUSD Is showing an overall bearish outlook currently below the important 200 and 100 EMA and with a bearish breakdown confirmed heavily to the downside which can continue when the bears hold this pace. Also ETHUSD is building a huge triangle formation which is a descending triangle that can break heavily to the downside when

Vince Prince July 3, 2020

Altcoin News

Altcoin News

Litecoin Price Analysis: Holding Above 36.8 Level That Can Hold

LTCUSD is trading above the important 36.8 level where it has some strong support and where it bounced already several times in the last days and weeks, therefore, this is primary support that can hold. LTCUSD is trading below the 200 and 100-EMA which makes it currently more bearish but the fact that there is much room to go and test the

Bitcoin News

Bitcoin News

Bitcoin Price Analysis: Showing Some Action Above 9000 USD Where To Go?

BTCUSD is still trading in the huge channel where it has just confirmed the lower line of the channel and is now building a range here. Above 9000 USD level BTCUSD has still some good support where it can build more potential BTCUSD has touched the 200 and 100 EMA and is testing them which is normally a bullish sign where when bitcoin manages to go

Price Analysis

Price Analysis

Ethereum Price Analysis: Why ETH/USD Must Break EMA 50 Resistance For A Rally To $250?

Ethereum price flirts with $225 amid broad-based cryptocurrency consolidation. ETH/USD bulls look forward to a possible rally to $250 on breaking above the EMA 50 resistance. Ethereum, just like its counterpart Bitcoin, has settled for consolidation. In fact, the entire cryptocurrency market is dealing with sideways trading action. As for Ether, the resistance at $230

Price Analysis

Bitcoin Technical Analysis: BTC/USD Motionless At $9,100, Is It Over For The Bulls?

Bitcoin price is pivotal at $9,100 even as selling pressure mounts. BTC/USD consolidation to last longer than expected; a bearish inclination puts $9,000 support in grave danger. Bitcoin price has entered into yet another day of consolidation. The largest cryptoasset has remained pivotal at $9,100 after failing to break the initial resistance at $9,200. On

Price Analysis

Ethereum Price Forecast: ETH/USD Hits A Wall At $230, Why $200 Is Still In The Picture?

Ethereum reverses from the resistance at $230; buyers seek support at $225. ETH/USD bulls must not underestimate the selling pressure because $200 is still within reach. The second-largest cryptocurrency is battling increased selling activities just like other major cryptocurrencies in the market including Bitcoin, Ripple and Bitcoin Cash. Last week, Ether rose significantly from the

Price Analysis

Bitcoin Price Prediction: BTC/USD Will Eventually Hit $10,000 – Technical Scenario

Bitcoin price is heading to levels above $10,000 sooner or later according to several bullish analysts. BTC/USD is stuck under $9,200 (initial resistance) as consolidation comes knocking. It is an understatement to say that the past few weeks have been tough on cryptocurrencies, especially Bitcoin. After gaining traction towards $9,800, BTC/USD plunged last week back

Bitcoin News

BTCUSD Price Analysis: Bitcoin Again In Bullish Range, Finds Support At The EMAs

BTCUSD price has found support at the 200-EMA which is a good sign and also it provided a bullish EMA crossover in the past which is holding the trending up. BTCUSD Price Analysis: 1 D Chart Read more For now, BTCUSD is forming this huge parallel channel where it has the possibility to form a bullish flag when the flag confirms to the upside. The volume is decreasing

Price Analysis

Ethereum Price Forecast: Why ETH/USD Is Unstoppable Towards $200?

Ethereum price faces rejection at $228, tumbles to seek support at $220. ETH/USD is in grave danger of losses to $200 as long as it stays under the ascending channel support. Ethereum price corrected below critical ascending channel support last week. This poked massive holes in the mission of pulling the price above $250. Instead,

Price Analysis

Bitcoin Price Analysis: BTC/USD Holding Critical Channel Support, Is This Goodbye To $10,000?

Bitcoin price managed to hold the critical ascending channel support despite failure to break resistance at $9,300 and $9,400. BTC/USD is ready for consolidation, supported by the sidelong movements of the RSI and the MACD. Bitcoin price continues to battle selling pressure following the recent rejection from levels around $9,800. Recovery from last week’s dip

Altcoin News

Altcoin News

XRPUSD Price analysis: XRP Prices Continue To Be In Downtrend With More Possible Declines

XRP Price has recently shown a downtrend where it is noted the lowest low at the 0.1785 level but this can not be the lowest low already because XRPUSD can show more decline. XRPUSD is trading in a possible descending wedge formation which is certainly a bullshit the reversal that can show to the upside with good potential. XRP Price