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Bitcoin Technical Analysis: Is Bitcoin (BTC) DEAD?
25.12.2019
Bitcoin resorts back to its stable momentum and trades at $7,238.56; at the press time BTC/USD gains imminent support from the short-term moving averages and is finely lured by the 100-day daily Moving Average The bearishness prevails, and the selling pressure remains dense as we await a notable...
Bitcoin Technical Analysis: Reversal or Dead Cat Bounce?
24.12.2019
Weekly prices are held by the 61.8% Fib level support at $7213, prices are trying to do S/R flip of 49 days SMA (Simple Moving Average) and 9 days SMA denoted by the green line and blue line respectively in the below-given chart. Weekly prices have been rejected by the 9 days SMA previously;...
Bitcoin Technical Analysis: BTC Price Short Squeeze Alert
10.12.2019
Bitcoin price may reach $8500 before a final downward push to weekly 78.6% Fibonacci Level before the continuation of the uptrend. Bitcoin Price Analysis Weekly Bitcoin price against USD gives us some interesting insights such as follows: Weekly prices are tightly following the Flag pattern...
Bitcoin Technical Analysis: ‘Long the Corn’
7.12.2019
Bitcoin (BTC) seems to find its bottom for now at $7221, which is a weekly 61.8% Fib level. Bulls successfully defended its position, and now it is aiming for $8499 resistance, which is a weekly 50% Fib level. Good opportunity to ‘Long the Corn’*.   *Corn: Bitcoin is also known as Corn in...
Bitcoin Technical Analysis: BTC Bulls lurking beneath
5.12.2019
Bitcoin prices are showing some strength here, and it is very crucial to understand the overall trend as it is very easy to get lost in the small timeframe noises.   Bitcoin Price Analysis 1 Week Time Frame: Weekly Bitcoin price briefly fell below 61.8% Fib level, but bull manages to push...
Ripple Technical Analysis: Bears Have the Helm
3.12.2019
Ripple breaches weekly support and moving towards the critical support; Captain Bears have the Helm of this ship and turbulent times ahead. Meanwhile, XRP prices are closely following the BTC/USD prices.   *The orange line denotes Bitcoin price Ripple Price Prediction Weekly XRP price...
Is Technical Analysis Prophetic or Preposterous? We Asked 7 Crypto Traders
2.12.2019
Technical analysis, or the art of divining future price movements from historical data, divides opinion in the crypto world. So does does it offer real insight into the markets?
Cryptocurrency Technical Analysis: A Tale of Dance between Ripple, Stellar Lumens & Bitcoin
28.11.2019
XRP (Ripple) and XLM (Stellar Lumens) can be seen dancing together in tune with Bitcoin’s price action. Current XRP and XLM prices are highly correlated to the BTC price action and in turn, correlated to each other as well as shown in the given chart below:     BTC/USD is denoted by...
Technical Analysis: Litecoin (LTC) in Deepwater!
27.11.2019
Litecoin, also known as Bitcoin’s small brother inside Crypto Community, is in deep waters lately together with all other major caps and can be seen dancing in tune with its counterpart. Litecoin Price Prediction A quick glance through the weekly chart of LTC to USD; the price has broken down...
Despite Market Turbulence, Bitcoin’s Support Lines Remain Intact
24.11.2019
Technical analysis of price trends is a topic ever electrifying the world of crypto investment with, dynamic debate on social media and beyond. While there are no guarantees, there are fundamental methods for looking at data which can provide valuable insights, such as analysis of price support...
Electroneum Technical Analysis: Electroneum takes up social causes to increase ETN mass adoption
28.7.2019
ETN gains support for being the eco-friendly project in the crypto world Electroneum may start trading above $0.0050 in the upcoming months Electroneum continues to be one of the most talked cryptocurrencies. The coin has managed to be ranked between 90 and 100 earlier in the year and although...
Markets Update: Digital Currency Economy Surpasses $300 Billion
21.6.2019
Digital currency prices have spiked considerably in the last 24 hours and bitcoin core (BTC) stopped short about $70 in an attempt to cross the $10K price zone. Most cryptocurrencies are up between 2-8% on Friday, June 21 and the entire cryptoconomy surpassed $300 billion. Also read: These...
Markets Update: Crypto Prices Surge After Last Week’s Pullback
15.6.2019
Digital currency markets have regained some of the losses they endured last week, with the entire cryptoconomy now valued at $275 billion this Saturday. Most cryptocurrencies are up in value between 2-8% today but global trade volumes have tapered off with only $63 billion swapped in the last...
Fundstrat Global Advisors Technical Analysis Points to Further Rally
14.6.2019
Fundstrat’s recent analysis indicates that most digital currencies are poised to make further gains in the near future
Markets Update: Bulls Show Signs of Exhaustion as Crypto Prices Taper
23.5.2019
Cryptocurrency prices have dipped slightly since our last markets update as most digital assets are down between 2-7% over the last 24 hours. Today, on May 23, the market capitalization of the entire cryptoconomy is around $237 billion and the daily global trade volume is roughly $77 billion. Also...
Markets Update: Bitcoin Cash Jumps Ahead as Crypto Prices See Fresh Gains
19.5.2019
Digital asset markets jumped in value over the last 24 hours as most cryptocurrencies have gained 8-13%. Since our last markets update the entire cryptoconomy has increased by $33 billion and this Sunday bitcoin cash (BCH) lead the top ten pack once again with a 12.9% gain in the last day. Also...
Markets Update: Bears Claw Crypto Prices Back While Uncertainty Fills the Air
17.5.2019
Digital asset markets fell hard during the early morning trading sessions on May 17 as the price of bitcoin core (BTC) quickly tumbled from $7,900 to a low of $6,200 on Bitstamp. Many other crypto markets followed BTC’s drop in value, but over the last few hours, a good portion of coins have...
Bitcoin Value Witnesses Two Contradictory Price Trends within Just One week
17.5.2019
Bitcoin is trading slightly above the price mark of $7300 in the cryptomarket. Within no time it dips from a price level of $8300 to $7300, breaking the support level at $7600. It was even priced as low as $6600 with the daybreak of 17th May, though currently it is seen gaining momentum from...
Amazon or Bitcoin: Who is Spawning More Wealth?
16.5.2019
Amazon is the largest e-commerce marketplace and cloud computing platform in the world as measured by revenue and market capitalization. Amazon went public on 15 May 1997, 22 years ago today. When Amazon first went public in 1997, its stock was priced at just $18 per share. But in the 20-plus years...
Markets Update: Crypto Prices Continue to Gather Bullish Momentum
14.5.2019
Digital asset markets have been surging over the last 24 hours as the market valuation of the entire cryptoconomy has gained over $20 billion. Moreover, global trade volume has been significant, crossing $85 billion worth of coins swapped in the last day. Also read: Bitcoin’s Software...