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Bitcoin Shows Heaviest Correction of the Week


Bitcoin’s price trend has finally got its investors cheery as the coin has kick-started 2020 with a significant price rise. The coin has managed to trade above $9000 after a long time, however, today, BTC has shown a strong pullback. This has caused the coin to plunge from $9557 to $9316. After...

XRP Aims to Keep $0.24 Price Mark Intact; Sideways Trading Continues


Ripple is showing a price consolidation since today morning; the coin keeps reclaiming the $0.24 price mark The coin has dipped below $0.2400 twice today; support at $0.2396 has been breached once The year-long price chart shows a prolonged falling wedge followed by a recent bullish break-out...

Analysts Optimistic as Bitcoin Price Breaks Key Long-Term Barrier


After the price of bitcoin (BTC) crossed the technically important 200-day moving average line earlier this week, some analysts have come out with bullish calls for the number one digital asset. Tom Lee of Fundstrat Global Advisors wrote in a private note to clients that the break of the 200-day...

XLM May End the Week on Bullish Note; Price Approaches Key Support


Stellar’s weekly chart paints an optimistic picture while the 4-month chart still shows a price decline XLM is set to test the support level at $0.0597 once again before resuming the uptrend The major support line corresponds to the 38.20% Fib level; next resistance level stands at $0.063 Technical...

BTC Faces Tough Resistance at $9.4k, Yet Holds a Bullish Divergence


Bitcoin, at the time of writing, was trading at $9,323.46 on Coinbase and is also exhibiting a further uptrend The price trend of BTC rightly break the downward channel as it marks a fresh height above $9,400 The current uptrend is steadily supported by the long-term daily Moving Average The coin...

XRP Recovers Persistently; Holds Active Support at $0.23


XRP is currently a little below its weekly high price mark; yet to carry out a full recovery The coin has faced rejection at $0.2410; the pullback has already been halted with a strong and active support The coin is likely to sustain the uptrend if the coin clears price barriers above $0.26...

XLM Holds a Bullish Sentiment; Weekly Support Remains Intact


XLM price is on the rebound mode and has formed a support level at 38.20% Fib level Stellar has formed a bullish trendline over a week and is likely to sustain the bullish momentum The weekly support line is intact as yet; technicals look bullish at the moment Stellar (XLM) has been holding...

Ethereum (ETH) Exhibits Bullish Bias as it Trades at $174.98


Ethereum currently trades at $174.98 after having recorded a fresh 30-day high at $179 in the past 24 hours The coin’s past 24-hour movement has been near to marking a double top but is facing tough resistance at $180 The current price movement is supported by 10-day daily MA followed by 50-day...

VeChain (VET) Price Trend Rises Gradually; Yet Faces Hurdles


VET price is correcting down after the 5-day long mild price surge The coin has formed lower highs over the last couple of days; current momentum of the coin is bearish The bullish trendline has been breached before the coin closed on January 28 The coin is likely to find a support level soon...

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