Although the whole crypto market is bleeding red, few altcoins are gaining significant growth. One coin that stood out among the rest is the Basic attention Token (BAT). The coin received a major push with 11.80% spike and is currently holding 30th position. The Basic Attention Token price is continuously surprising investors and traders. Yesterday,...Read More
Bitcoin Cash Price Analysis (BCH/USD) In the last 24hrs, Bitcoin cash has maintained a bearish run. The same trend is most likely to continue since the 21 day MA is actively trading above the 7 day MA. BCH/USD pair corrected losses yesterday to trade below the critical resistance level at $322.0. Additionally, the bearish pressure...Read More
Litecoin has seen a further 5% price decrease over the past 24 hours, which has brought the price of the cryptocurrency down to $70. This latest price drop is mostly a result of Bitcoin dropping back beneath the $10,000 region as things start to look bleak for the overall cryptocurrency market. Litecoin remains the fifth-largest...Read More
Cardano Price Analysis (ADA/USD) The price of ADA/USD pair has recorded an impressive price recovery over the intraday. The price-performance is bullish with an upsurge gain of 11%. The market escalated from where it closed yesterday at $0.04719 where it is currently trading at $0.05027. Additionally, the market began the session with a bullish pressure...Read More
Bitcoin Price Analysis (BTC/USD) On an hourly chart, the bulls have dominated the market of BTC/USD pair. The 7 day MA was seen gravitating above the 21 day MA that signaled an increase in bullish pressure. The top cryptocurrency has slightly gained by 0.17%, having escalated from $10731.71 to $10750.00. Apparently, a bullish engulfing candle started...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH has put its restoration on a halt: the market situation does not stimulate active buying. Tuesday morning, August 20th, the cryptocurrency slightly declines, trading at $198.95. On H4, the Ethereum has formed a convergence after nearing an important correction level of 61.8% ($163.20) Fibo. This suggests...Read More
Following a brief period of recovery, almost all of the top-20 coins by market capitalization have entered the red again. The leading digital currency BTC is struggling to stay in positive territory hovering around $10,700. At present Ethereum classic is the only coin with maximum gains. Among Top 20 crypto market. Ethereum Classic (ETC) has...Read More
At present, the crypto space is back with the bullish sentiments with major coins staying green. Also, the Bitcoin price has surged up to 4%, while altcoins demonstrate positive momentum. At present, Ethereum is leading in terms of gains following ETH, litecoin is second leading cryptocurrency in terms of gains with more than 5% gains....Read More
With the beginning of the week, most of the coins are enjoying the green day. While bitcoin is struggling to break the $11k resistance, major altcoins are showing massive growth. At present, Ripple is the are the leading cryptocurrency in terms of gains. Among the Top 10’s market followed by ethereum with 6% gains. Past...Read More
With the end of the week, the cryptocurrency market is showing mixed results. Although major altcoins are seeing growth, few coins are still struggling to gain back the momentum. At present Verge coin is the second largest leading cryptocurrency in terms of gains with 13% growth. While Lisk coin holds the 1st position with more...Read More
Bitcoin Price Analysis (BTC/USD) On an intraday chart, the price of BTC/USD pair has further dipped from the previous price of 10473.00 and is currently changing hands at $9917.57 that translated to an intraday dip of 5.3%. The bulls seemed to have lacked the means or strategy to pull up the market momentum. This was...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The second cryptocurrency in terms of capitalization, the Ethereum, continues a declining correction. The test of the important support level of $165 is close; if it happens, the buyers will have to demonstrate a bounce in order to prevent further decline. It is possible that the ETH is...Read More
