Bitcoin price formed a strong support base above $26,000 and started a fresh increase against the US Dollar. BTC is gaining momentum and it is likely to break $28,000 and $28,400. Bitcoin is showing a lot of positive signs above the $27,000 and $27,300 resistance levels. The price is currently trading above the $27,500 support…
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Bitcoin has been explosive all of 2020, and while certain altcoins like Ethereum and a slew of DeFi tokens have outperformed the top cryptocurrency this year, altcoins overall have been a disappointment compared to past cycles. Those who lived through past cycles, expected altcoins to take off the moment Bitcoin surpassed its previous peak. But…
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XRP has been on a rollercoaster ride throughout the past few weeks. The cryptocurrency saw immense volatility that began when news began spreading regarding the recent Spark token airdrop to holders. This allowed the cryptocurrency to break its multi-year trading range between $0.20 and $0.30 and rocket to highs of $0.90 on Coinbase and other…
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The news that the United States Securities and Exchange Commission had issued a lawsuit to XRP token parent company Ripple and its two top executives, sent shockwaves throughout the crypto industry. But its domino effect is only just starting, according to the analyst who ahead of time called the recent Coinbase “delisting” that sent XRP…
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Bitcoin’s uptrend over the past few months has been historic, with bulls taking full control of its price action and sending it from sub-$10,000 lows in late summer to highs of $28,500 just a few days ago. After reaching these highs, the cryptocurrency’s uptrend stalled, with the past few days mainly consisting of consolidation as…
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Binance’s native token BNB was among the few gainers on Tuesday as the rest of the high-cap cryptocurrency assets corrected lower. Binance Coin trades inside a medium-term ascending parallel channel. Source: BNBUSD on TradingView.com Binance Coin trades inside a medium-term ascending parallel channel. Source: BNBUSD on TradingView.com The BNB/USD exchange rate climbed up to 13.47…
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Bitcoin prices eased on Tuesday as traders with short-term risk appetite locked their profits. The benchmark cryptocurrency slipped by up to 4.56 percent to an intraday low of $25,833. Nevertheless, attempts to extend the bearish momentum faltered due to a comparatively stronger buying pressure near the $25,000-area. Since Christmas, the level held as concrete support…
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XRP has continued to crash in the face of news that it will be listed from a new round of leading crypto asset exchanges. The altcoin is now down by over 20 percent in the past 24 hours, reaching multi-month lows at $0.21. XRP is also down by 55 percent in the past seven days…
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Ripple started a fresh decline after it failed to stay above $0.3000 against the US Dollar. XRP price is over 20% and it seems like the bears are aiming a test of the $0.2000 support. Ripple started a fresh decline from well above the $0.2800 support zone against the US dollar. The price is now…
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Ethereum started a downside correction from the $746 yearly high against the US Dollar. ETH price is likely to find strong bids near the $684 and $675 support levels. Ethereum traded to a new yearly high at $746 before starting a downside correction. The price is now trading close to $700, but it is above…
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