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Bitcoin Price Analysis – December 11, 2019: BTC Trades around $7,200
11.12.2019
Bitcoin is currently trading around $7,200, drawing a slow declining trading channel BTC seems to have been facing moderate volatility as compared to other altcoins in the market, as they trade stably The lowest in the said time frame is hit around $7,000, and in the past two days BTC has notably...
NEO Trades Bearishly; Looking for an Active Support at $8.38
11.12.2019
NEO is trading downwards, just like any other altcoin in the crypto market. Within the past two days, the coin has experienced a fall from $8.9 to $8.6 trading price area. NEO, at the beginning of December, has fallen from the major resistance price area around $10. NEO currently trades with utter...
EOS Trades Directionless; Cements Stability Around $2.60
11.12.2019
EOS trades at $2.60 and forms the major support at $2.49 The current trading price area lacks support from the short-term moving averages and trades with immense selling pressure The current price trend of EOS/USD has been consolidating below $2.8 since past 10 days now The EOS price has been...
Dogecoin (DOGE) Trades Bearishly; Hits the Uptrend to Bottom Out at $0.00214
10.12.2019
DOGE/USD is currently trading at $0.00214, as per the data feed on HitBTC Dogecoin trades in the utter selling zone with no immediate support The upward forming trendline was hit by a downside breakout which led the coin to trade around the current trading area Dogecoin, just like any other...
Bitcoin (BTC) Trades Stably; Lightens the Selling Pressure
9.12.2019
Bitcoin moves beyond the ‘strong selling pressure’ that it withhold since quite some time now BTC’s current trading price gains support from the short-term Moving Averages BTC holds the major support around $7,300 and $7,250, while the major resistance $7,650 price area Bitcoin has been trading...
Stellar (XLM) Holds Slight Bearishness as It Trades at $0.0555
9.12.2019
Stellar trades around the lowest price area of the past six months at $0.0555 (data feed as per Coinbase). We can connect this movement of XLM/USD along with its momentum to that of the current crypto market scenario and the movement of all the major coins and altcoins. The stability is enough...
Market Mostly Trades Sideways as Bitcoin Price Hovers Around $7,300
4.12.2019
The crypto market is mostly trading sideways today as Bitcoin fights to hold $7,300
Bitcoin Trades Around $7.2k; Holds a Strong Risk of Sliding Below $7k
3.12.2019
Bitcoin price records a dip of over 5% in two days from ranging at $7,553.42 to bottoming out at $7,161.70 The current trading price of BTC is correcting downwards from $7,500-$7,300 price range and is consolidating around $7,200 price area BTC trading price around $7,200 has been stable since past...
Bitcoin (BTC) Trades with Inactive Supports; May Lead to $6,800
2.12.2019
BTC trades at $7,289, below the major supports, i.e., $7,350 and $7,500 Bitcoin records a 7-day high around $7,830 and there happens to be an S/R flip; $7,350 and $7,500 prices are acting as major resistances The downfall below $7,500 has been quite rapid in a 24-hour time frame Bitcoin trades...
Dogecoin Trades with Moderate Selling Pressure; Gains Support from Short-term MAs
2.12.2019
Dogecoin trades around $0.0022 price area; gains support from the short-term moving averages Dogecoin price takes a swift downturn trading from $0.0028 to falling at $0.0020 in a 30-day time frame Currently, the currency trades with a 10% growth when compared to the lowest in the said time frame...
Cardano Trades at $0.037, Holds Strong Bearish Crossover
2.12.2019
ADA currently trades at $0.037, after having dipped to $0.033 in the previous trading month The trend line of Cardano is forming a rising wedge, while currently focuses on the fall The coin has shown a rapid fall of over 28% from the trading price of $0.046 to $0.033 Cardano trades with utter...
LTC Trades with Bullish Impact; Selling Pressure Remains Prominent
29.11.2019
Litecoin trades at $47.84 with slight support from the short-term moving averages Just like other altcoins, LTC is also trading with utmost selling pressure LTC’s current trading price is 9% higher than the lowest of the past 30 days Litecoin (LTC) has hit the new 90-day low at $42 in the past four...
BCH Trades Above $220, Gets Grounded Support from Short-term MAs
29.11.2019
Bitcoin Cash falls from a price peak of $243.2 to $222.2 in a span of 7 days BCH price is supported by the short-term moving averages Bitcoin Cash is trading persistently above $200 since past three days, despite sailing under utter selling pressure Bitcoin Cash (BCH) price exhibits the S/R flip...
Ethereum Trades Above $150—Having Surrounded by Slight Support
29.11.2019
Ethereum trades above $150, having faced resistance at $155 ETH price has shown a growth of over 10% from the trading price of $141.13 to $155.89 in less than 24 hours Currently trades at $151.90, which is 2% less than highest in the past two days Ethereum is still sailing in the selling zone...
Cardano Trades Above $0.038 After a Week of Doomed Trade; Soars by Over 15%
28.11.2019
Cardano trades at $0.038, after nearly a week of a downtrend ADA has hit the lowest at $0.0330 on November 25, 2019 Currently trades with a 15% when compared with the lowest in the said time frame Important to note that Cardano (ADA) is currently trading with a growth of over 6% in the past...
Bitcoin (BTC) Trades Above $7,500; Is this a Reliable Bull Trend?
28.11.2019
Bitcoin, this time hits the major resistance level at $7,500 instead of just battling with supports BTC price took a leap above $7,600 as well, after nearly five trading days—when it was correcting downwards, but this time it seems to be spiking Bitcoin trading price is now supported by...
Dogecoin’s Rising Wedge Gets Hit; Trades Around $0.0022
27.11.2019
Dogecoin trades in the midrange after having hit bottom at $0.0020 DOGE price has been moving mostly stable since past 2 days However, Dogecoin has not recorded any notable height when BTC hit $7,000 Dogecoin and Bitcoin are believed to have simultaneous momentum, but this time DOGE price did...
Market Mostly Trades Sideways as Bitcoin Price Hovers Around $7,200
27.11.2019
The crypto market is mostly trading sideways today as Bitcoin fights to hold $7,200
Bitcoin SV Trades Above $105; Gains Support from Short-term MA
26.11.2019
BSV coin trades at $107.2, having grown by over 13% from yesterday’s closing, i.e., $94.52 Just when Bitcoin price took a step above $7,000, Bitcoin SV soared as high as $110.59 Similarly, BSV trades in selling zone until a persistent trade above its 7-day high price takes place Bitcoin SV (BSV)...
Bitcoin Takes a U-turn as It Trades Above $7.3k; Is This a Positive Sign?
26.11.2019
Bitcoin price responds positively after having marked negative sentiments below $6,000 BTC price supported by 5-day EMA around the trading price area of $7,200 Although, even after having a recent price correction beyond $7,300 in the past 24 hours, BTC is still sliding in the solid selling zone...