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Market Outlook: Bullish Trend Sends Crypto Prices Northwards
14.1.2020
Digital currency markets are seeing significant gains this week as the entire market capitalization gained $28 billion in the last seven days. Moreover, trade volume has spiked to a massive $100 billion and during the last 24 hours, numerous digital assets have gained between 3-48%. Also read:...
EOS Marks an Intraday Bullish Move as it Hits the Major Resistance
13.1.2020
EOS, at the time of writing, was trading at $3.10 on Bitfinex. With an intraday hike above $3, the trading volume and market cap have also spiked, as observed since yesterday. Yesterday, the currency marked an intraday high at $3.21 and is currently trending upwards as it breaks the major...
Bitcoin Price $4K by April? One Big Reason to Not Be Bullish Just Yet
12.1.2020
Low trading volume and a lack of retail investor interest in Bitcoin undermine the most recent breakouts suggesting that the bottom is not in yet
Why China Is Banning Crypto But Is Bullish on Blockchain
8.1.2020
"The bandit needs to be wiped out before the regular army gets in," says Flex Yang, co-founder and CEO of Babel Finance, speaking of China's uncertain crypto regulations
IOTA Marks an Intraday Bullish Crossover; Gains Medium-term Support
8.1.2020
IOTA (MIOTA), at the time of writing, was trading at $0.186. The coin is seen recording a good height after having bottomed out at $0.135 in the previous month. Although currently we see a growth of 37%, IOTA coin is seen trading at the 23rd position in the global crypto market. Also, important...
BTC Trades Impressively Bullish; $8,000 Remains the Next Big Target
7.1.2020
Bitcoin (BTC), at the time of penning down this article, was trading at $7,898.87. Important to note that the coin has hit a fresh 30-day high around $7,900. The king of cryptocurrencies is trading with all the grounded support from the daily moving averages. It has been since yesterday that...
Monero Hits a Fresh Monthly High at $59; Trades Extensively Bullish
7.1.2020
Monero (XMR), at the time of writing, was soaring at $57.90 and has notably hit a fresh 30-day high around $59 price area, recording its positive intraday move. Although the market is seen gaining momentum, it is yet to decide whether the same is sustainable and real or sheer illusion. Also, just...
Bitcoin Trades with a ‘Bullish Engulf’ and Projects a Notable Rally Soon
6.1.2020
Bitcoin, at the time of writing was trading at $7,526.76 and notably swifts above the major resistance at $7,300 followed by $7,500. In the past 7-days BTC price had even hit below $7,000, when we believed it to be a complete end of the bullish era. However, the bullish candlestick pattern on...
Bitcoin Price: First 4-Day Win Streak Since July Flips Charts Bullish
6.1.2020
#Bitcoin posts 4 back to back green candles on the daily chart, which hasn’t happened since July
Bitcoin Gaining Bullish Momentum, Altcoins Outperform
6.1.2020
Bitcoin price is showing a lot of positive signs above the USD 7,350 and USD 7,400 resistance levels. Once BTC/USD settles above USD 7,550 and USD 7,650, it could set the stage for an upward move towards the USD 8,000 and USD 8,200.
Besides, most major altcoins are gaining traction and rising with...
Cardano Marks an Intraday Positive Move and Bullish Crossover
3.1.2020
Cardano (ADA), at the time of writing, was trading at $0.0338. The intraday movement has even led the coin to hit $0.03400 and the does not seem to be influenced by the BTC plunge below $7,000. Currently, it is moving towards a 38.2% Fib Retracement level and is believed to be trading better than...
Monero May have a Short-term Bullish Crossover Above $45
1.1.2020
Monero, at the time of writing, was trading at $45.346 on Bitfinex. The coin is lacking active support around the current trading price area, except support foreseen by the 10-day and 50-day moving average. Therefore, we can project a bullish medium or short-term if the coin gains a definite...
XRP Faces a Strong Resistance at $0.1990 for a Persistent Bullish Crossover
1.1.2020
Ripple (XRP), at the press time, is trading at $0.193 and is supported by the short-term and medium-term MA. XRP against USD is trading better than the marked 52-week low at $0.1784. The price zone near $0.20 remains a goal at present as the price of Ripple is facing strict resistance as it pushes...
Bitcoin and Altcoins Bullish Bias Intact Despite Recent Dip
31.12.2019
Recently, bitcoin price trimmed most gains and declined below the USD 7,350 support. Moreover, BTC/USD declined below the USD 7,250 support and traded close to the USD 7,150 support. The price is currently (09:00 UTC) trading in a range and seems to be preparing for a fresh increase towards...
Litecoin Marks an Intraday Bullish Move; Trades Around an Imminent Price Area at $42
30.12.2019
Litecoin currently trades at $42.86 and is hitting the upper Bollinger Band laid on a 4-hourly chart. The current trading price is a result of a positive intraday move. If it continues to gain momentum, LTC price is expected to rise above the ultimate support/resistance area. The active support...
Market Update: Crypto Traders Search for Bullish and Bearish Trends
29.12.2019
During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents...
5 More Bullish Candlestick Patterns Every Bitcoin Trader Must Know
29.12.2019
Trading can be difficult but familiarizing oneself with these 5 bullish candlestick patterns should make conducting analysis and investing a tad bit easier
Bitcoin Throws Bullish Signals as it Gains Support from Daily MAs
28.12.2019
Bitcoin currently trades stably around $7,200 and $7,300 price area; at the press time, BTC was at $7,286.55. Interestingly, the king of the cryptocurrencies is trading with total support from the daily moving averages and is under the ‘buy phase’. We are likely to see this influence on the altcoin...
Cardano Trades Moderately Bullish; Holds Risk of Downside Breakout
23.12.2019
Cardano trades above the 52-week low that was exhibited in the previous week The constant lower highs formed in the past 6 months gave a fresh 52-week low in the previous trading week at $0.0308 ADA gains support from the 10-day MA, however, fails to gain long-term support Cardano has been only...
Bitcoin and Altcoins Start Christmas Week With Bullish Sentiment
23.12.2019
This week, bitcoin price started a solid upward move above the USD 7,350 resistance. BTC/USD gained bullish momentum and surged above the USD 7,550 resistance. The upward move faced sellers near USD 7,650 and the price is currently (09:00 UTC) correcting gains.
Similarly, many major altcoins...