Technical

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).The price is...
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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 is likely to...
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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 area.BCH price is...
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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 pair is now...
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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 remains at a...
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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 in the short...
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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 price is down around...
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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 Kraken).The pair...
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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 (data feed...
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Bitcoin (BTC) Price Recent Breakdown Could Accelerate Decline

Bitcoin price failed to surpass the $11,000 resistance and recently declined against the US Dollar.The price is currently trading below the key $10,600 and $10,500 support levels.This week’s followed crucial bullish trend line was breached with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is currently at...
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Ripple Price (XRP) Breaks Key Support: More Downsides Likely

Ripple price started a fresh decrease after it failed to break the $0.2920 resistance against the US dollar.Bitcoin price is struggling to hold the main $10,500 support area.This week’s followed bullish trend line with support near $0.2740 was breached on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is currently trading...
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Crypto Market & Bitcoin Remain Supported: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap failed to surpass the key $280.0 resistance area.Bitcoin price started a downside correction and traded below the $10,800 support.Litecoin (LTC) price is struggling to correct higher and is testing the $75.00 support.BCH price is currently correcting lower and it might test the $305 support area.Tron (TRX) price is extending losses...
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Ethereum Price (ETH) Approaching Next Break While Bitcoin Is Correcting

ETH price started a downside correction after testing the $202 resistance area against the US Dollar.The price is currently trading below $198 and is trading near the $194 support area.This week’s followed key bullish trend line with support near $194 is active on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely...
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Bitcoin’s Growing UTXO Problem and How Utreexo Can Help Solve It

Scalability is still a point of concern for Bitcoin — but clever minds continue to produce innovative proposals to resolve bottlenecks. One of the specific scalability concerns is the growth of the unspent transaction output (UTXO) data set held by Bitcoin nodes. This is the list of all (fractions of) bitcoin in existence and details...
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Bitcoin (BTC) Price Could Revisit $11.2K or $11.4K

Bitcoin price extended gains above the key $10,600 and $10,800 resistances against the US Dollar.The price is currently correcting lower after trading to a new weekly high at $10.960.Yesterday’s highlighted major bullish trend line is intact with support near $10,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price could correct...
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Bitcoin & Crypto Market Cap Rising: LTC, BNB, BCH, TRX Analysis

The total crypto market cap broke a major resistance area near the $272.0B level.Bitcoin price jumped more than 5% and broke the $10,600 resistance area.Binance coin (BNB) price recovered above $28.00, but it struggled to surpass the $29.00 resistance.Litecoin (LTC) price is still trading well below the $80.00 resistance area.BCH price extended gains and traded...
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Ripple Price (XRP) Eyes Fresh Increase While Bitcoin Rallies

Ripple price is facing a strong resistance near the $0.2900 and $0.2920 levels against the US dollar.Bitcoin price rallied recently and even broke the $10,600 and $10,800 resistance levels.Yesterday’s highlighted bullish trend line is active with support near $0.2750 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair could decline a...
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Ethereum Price (ETH) Trading Near Make-or-Break Levels

ETH price extended its recent upward move and tested the $202 resistance against the US Dollar.The price is struggling to gain bullish momentum above the $202 resistance area.There is a short term ascending channel forming with support near $198 on the hourly chart of ETH/USD (data feed via Kraken).The pair could decline a few points,...
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Bitcoin (BTC) Price Could Accelerate If It Breaks $10,600

Bitcoin price rebounded recently and climbed above the $10,200 resistance against the US Dollar.The price is currently trading nicely above $10,300, but facing hurdles near $10,500 and $10,600.There is a connecting bullish trend line forming with support near $10,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is likely to...
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Crypto Market and Bitcoin Approaching Resistance: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is climbing higher towards the key $272.0B and $275.0B resistance.Bitcoin price is also approaching the main $10,500 resistance area.EOS price is up more than 5% and it may soon test the $3.850 resistance area.BCH price is recovering and it may break the $320 resistance level in the near term.Tron (TRX)...
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Ripple Price (XRP) Rebounding Nicely As Bitcoin Holding Above $10.2K

Ripple price is currently trading with a positive bias above $0.2750 against the US dollar.Bitcoin price climbed above the $10,200 and $10,300 resistance levels to start a decent recovery.There is a key bullish trend line forming with support near $0.2700 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is likely...
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Ethereum Price (ETH) Facing Key Resistance: Can Bulls Overcome $200?

ETH price recovered recently and managed to climb above the $190 resistance against the US Dollar.The price is now trading nicely above the $190 and $192 resistance levels.There is a connecting bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely to continue higher,...
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Bitcoin (BTC) Price Weekly Forecast: Decline Far From Over

There was a strong drop in bitcoin price below the $10,500 support against the US Dollar.The price is currently correcting losses, but it remains below key hurdles near $10,500.There is a bearish continuation pattern forming with support near $10,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The pair is likely to...
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Ethereum Price Weekly Forecast: ETH Could Climb Above $200

ETH price declined heavily below the key $200 and $190 support levels against the US Dollar.The price is currently consolidating losses after trading as low as $174.There is a crucial bearish trend line forming with resistance near $195 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could start a strong upward move...
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Bitcoin (BTC) Price Hesitates But Further Recovery Seem Likely

Bitcoin price tested the $9,800 support and bounced back against the US Dollar.The price is currently struggling to gain momentum above $10,400 and $10,500.There is a key contracting triangle forming with resistance near $10,550 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is likely to slowly rise as long as...
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Bitcoin (BTC) Price At Risk Of Additional Weakness: $8,000 Holds Key

Bitcoin price started a major downward move below the $8,200 and $8,000 supports against the US Dollar.The price even broke the key $7,600 support level and it is currently recovering higher.There are two major bearish trend lines forming with resistance near $7,950 and $8,200 on the hourly chart of the BTC/USD pair (data feed from...
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Mayer Multiple Passing 1.0 Signals That Bitcoin (BTC) Bear Market Might Be Over

Historical Trends Show Bitcoin Might Have Bottomed At $3,100 The Mayer Multiple, a measure conceptualized by diehard Bitcoin investor and evangelist Trace Mayer, seems to be signaling that BTC might have bottomed. As explained by analyst Crypto Kea, the multiple, which weighs the price and 200-day moving average (key support/resistance), recently passed 1.0 after falling...
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Bitcoin (BTC) $ 63,949.13 8.51%
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