Ripple is showing a lot of bearish signs below the $0.2050 pivot area against the US Dollar. XRP price is vulnerable to a massive decline below the $0.2000 and $0.1980 support levels. Ripple price is declining and it is trading well below the $0.2100 resistance against the US dollar. The price is likely to dive…
DetailsBitcoin is declining and trading below the key $7,800 support against the US Dollar. BTC price could soon test the main $7,400-$7,500 support area where the bulls might take a stand. Bitcoin is extending losses and it may even slide below the $7,600 area against the US Dollar. The bulls are likely to take a…
DetailsEverything is moving far faster than anyone expected; Bitcoin, after managing to register a daily close above the crucial $7,700 level, started faltering under that level just minutes ago, falling as low as $7,575 as the crash continues. The drop in the leading cryptocurrency, which comes after a temporary relief rally to $7,950, comes as…
DetailsBitcoin has been in a death spiral for the last two weeks, as concerns over the coronavirus continue to peak. The leading cryptocurrency by market cap has plummeted by over 20% in just two week’s time. But after such a violent decline in such a short period of time, last night’s daily close may have…
DetailsAfter making multiple attempts to propel Bitcoin past $8,000 yesterday, the cryptocurrency’s bulls appear to have lost their tempered momentum, as BTC is now drifting down towards its key near-term support at $7,700. This ongoing bout of consolidation has done little to offer clarity into which direction the crypto will trend next, but the potency…
DetailsAccording to technical analysis, the firm bull market that Bitcoin has found itself caught within throughout January and February has officially come to a close, as the benchmark crypto has now declined below a critical support level that was an integral part of its bullish market structure. One well-respected crypto-focused economist is now noting that…
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If you were around earlier this hour, you likely noticed the brief panic on Twitter when Bitcoin fell under $7,600; that was the lowest the cryptocurrency had traded at in literal weeks, not to mention it fell under crucial support. Though, over the past 20 minutes, the cryptocurrency has bounced, rapidly rallying from the low…
DetailsCrisis is here, and potential pandemic at the hands of the coronavirus is catching many crypto investors off-guard and provoking panic around ever turn. In the event of the inevitable happening sooner than expected, are crypto investors truly prepared for a worst-case scenario, especially when it comes to providing loved ones access to any potential…
DetailsA myriad of global factors seem to be converging that are making safe haven assets increasingly attractive. One of Bitcoin’s most prominent naysayers believes efforts to stimulate economies in the face of growing uncertainty will play in the favour of gold. Peter Schiff, the CEO of Euro Pacific Capital, says that gold will soon hit…
DetailsEthereum has once again plummeted below $200 after buyer’s failed attempt to recapture this level yesterday, with the turbulence seen by Bitcoin overnight leading ETH to decline alongside most major altcoins. Analysts are now widely noting that ETH could be in a precarious situation, as it is currently resting above a key support level that,…
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