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Bitcoin and Altcoins Restart Downtrend, Bulls Under Pressure
2.12.2019
This past week, bitcoin price recovered above the USD 7,350 and USD 7,550 resistance levels. BTC/USD tested the USD 7,850 resistance area, where the bulls struggled. As a result, the price started a fresh decline and traded below the USD 7,350 pivot area (09: 00 UTC).
Similarly, many major altcoins...
Market Update: Uncertainty Strikes Crypto Traders After Week-Long Downtrend
25.11.2019
Three days ago, cryptocurrency markets were holding foundational support after coins plunged 2-14% and the entire cryptoconomy dropped below $200 billion. Crypto prices continued to slide in a bearish trend, and over the last 12 hours, the entire market valuation of all 3,000+ coins lost another...
Bitcoin and Altcoins Signaling Downtrend Continuation
25.11.2019
In the past few days, there were heavy downsides in bitcoin. BTC/USD traded below many supports such as USD 8,000, USD 7,650 and USD 7,050 to move further into a downtrend. It recently tested the USD 6,550 support zone and currently (09:00 UTC) remains at a risk of more losses.
More importantly...
Bitcoin and Altcoins In Corrective Increase But Downtrend Intact
20.11.2019
In the past few sessions, there was a downside extension in bitcoin price below the USD 8,250 and USD 8,050 support levels. BTC/USD even tested the USD 8,000 handle and it is currently (09:00 UTC) correcting higher. However, there are many resistances on the upside near USD 8,250 and...
Ripple (XRP) Continues the Downtrend; Breaks Even Below $0.26
18.11.2019
Ripple has recently hit bottom at $0.2584; awaits a rebound above $0.27 XRP has breached even below the Fib retracement level of 78.60% ($0.2593) The recent support level that the coin saw was at $0.2575 the Fib retracement level of 100% Technical Indicators appear all bearish; gets investors on...
Market Update: Crypto Prices Improve After 3-Week Downtrend
17.11.2019
Digital currency markets have been trending downward in a triangular pattern since the 40% spike that took place on October 25. Following the three-week downtrend, cryptocurrency traders are quietly playing positions while patiently waiting for the next market signals. Also Read: The Bank of Google...
Ripple Gears up to Reverse the Downtrend; Targets $0.30 Price Mark
12.11.2019
Ripple recently formed support near $0.2709; Price fall may take a pause XRP is dropping since today morning; has not crossed $0.28 yet Technicals set to enter the bullish zone except for SMA line XRP calls for a price boost as it lacks momentum Ripple (XRP) trading with a bearish impact since...
Litecoin Badly Affected by the Downtrend; LTC Drops to $61
12.11.2019
Litecoin is still battling with the downtrend The improvement seems to be faded in the intraday market Litecoin holds a high expectation of the traders. The coin has the potential to replace Bitcoin in the future. In the first two quarters of the year, the LTC coin has outperformed Bitcoin....
Bitcoin and Altcoins In Corrective Increase With Downtrend Intact
25.10.2019
Yesterday, bitcoin price declined heavily below the USD 7,850 and USD 7,650 support levels. BTC/USD even settled below USD 7,550 and tested the USD 7,300 area. The price is currently (08:00 UTC) correcting higher, but it is likely to face a strong resistance near the USD 7,500 and USD 7,620...
Bitcoin and Altcoins Resume Downtrend Below Key Supports
23.10.2019
Earlier this week, bitcoin price started an upside correction and climbed above the USD 8,200 resistance. However, BTC/USD struggled to continue higher above USD 8,250 and USD 8,300. As a result, there was a sharp decline in the past two sessions and the price traded below the USD 8,000 support....
Bitcoin Cash (BCH) Marks Downtrend of 6% Since the Last Week
20.10.2019
Bitcoin Cash is trading downwards from the last few days. The falling price of the coin is quite disappointing. The traders were expecting a price recovery, but look like they will have to wait for some time. The week-long chart is indicating hefty fall in the BCH price. The same trend seems...
Litecoin Continues the Downtrend; Loses 3.63% Overnight
19.10.2019
Litecoin went down by 3.63% in the last 24 hours. It may find the next resistance at 54.75 USD. Over the last 24 hours, the value of Litecoin (LTC) against USD has hit the bottom at 52 USD all the way from 54 USD. It has shown three major price variations with an overall 3.63% …
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Stellar Price Exhibits Downtrend with its Intraday Movement
18.10.2019
Stellar (XLM) price is dealing with the bearish trend. However, the day started with a bullish trend and the market was indicating positive signs. Gradually, the price started moving down and now it is trading around $0.062. The market is marking volatility since the beginning of the month. Despite...
Cardano Price Indicates a Downtrend for Second Day in a Row
17.10.2019
Cardano price indicates an upsurge by day end. The falling price jumps towards immediate resistance at $0.0398. Cardano is indicating a fall in the trading price, and the bearish trend has rightly taken over the market. The downtrend in the coin market started yesterday and is still intact. Cardano...
Litecoin (LTC) Price Downtrend Gets a Support at $53.98
16.10.2019
Litecoin faces the downtrend with its intraday trading The coin finds immediate support at $53.98 Litecoin is currently moving down with a moderate speed and the market trend is also indicating a similar move. If we look at the 15-day movement in the price, LTC is seen booking losses. The opening...
XRP Price Exits Downtrend to Hit Three-Week High
16.10.2019
XRP has been on the offensive, having ended a 3.5-month-long downtrend with a move to three-week highs
Bitcoin Price Continues the Downtrend; Deals Around $8,000
4.10.2019
Bitcoin’s price remains stable at $8,000 The intraday loss is expected to turn into profit The market started the day with the bearish trend; the fall in the market was quite heavy. There was no expectation of improvement. However, the day moved ahead and the price started recovering. Many...
Dogecoin Exhibits Downtrend on the Second Day in the Row
3.10.2019
Dogecoin deals with a bearish trend; dropped by 8.29% Dogecoin (DOGE) gets influenced by Bitcoin, but today it seems to walk on a different path. Bitcoin is dealing at a profit whereas Dogecoin is in a loss. It looks like Dogecoin would deal at a similar level for the rest of the day. If...
Ripple Loses 5.7% Overnight; the Downtrend is Expected to Linger
2.10.2019
Ripple goes down by 5.7% in the last 24 hours The next support may come at 0.239 USD Ripple has been down by more than 5% in the last 24 hours; the value has gone below 0.25 USD. The three price variations have given the price movement in a range of 0.2614 USD and 0.2456 …
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Ripple (XRP) Keeps the Downtrend Intact; Next Key Support to Look For $0.21
29.9.2019
Ripple price is currently dealing with the bears. The entire week observed a power-packed price movement. XRP coin slipped tremendously with the entire market crashing down. The downtrend seems to stick around for a while. However, there is also a high possibility of having a flourishing future....