Bitcoin is currently flashing some signs of strength as it continues consolidating within the lower-$11,000 region. Overnight, bears attempted to push the digital asset below $11,000, but this dip was met with significant buying pressure that subsequently allowed it to climb higher. Analysts are widely noting that the resistance found within the mid-$11,000 region remains…
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Bitcoin price this week exploded through resistance at $10,000 and blasted to a high of $11,400. The cryptocurrency is now consolidating below that level, gearing up for what one crypto analyst expects to be a follow up nearly one and a half times the size of this week’s rally. Will the cryptocurrency close a “Three…
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Bitcoin is eyeing a breakout towards $12,000, according to crypto-chart analyst Josh Rager. The analogy appears out of Ethereum’s latest upside move from a consolidation range. Mr. Rager sees Bitcoin repeating the same bullish action as it trades inside a similar sideways pattern. Bitcoin is at the cusp of hitting $12,000 in the coming sessions,…
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Bitcoin has seen a tumultuous past few days after reaching as high as $11,500 on Monday. In the past 48 hours alone, the asset has whipsawed between $10,600 and $11,400, with bulls and bears attempting to catalyze a range breakout. Both sides have failed thus far; as of the time of this article’s writing, BTC…
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Bitcoin is currently consolidating in a range above the $10,700 support against the US Dollar. BTC is likely to start a fresh surge as long as it is above the 100 hourly SMA. Bitcoin is trading in a contracting range above the key $10,700 support zone. The price seems to be facing a couple of…
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Ethereum gained more than 4% and it surged above the $335 resistance against the US Dollar. ETH price traded to a new monthly high at $343 and it could rise further to $350. Ethereum started a fresh increase above the $325 and $335 resistance levels. The price traded to a new monthly high at $343…
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Ripple is up over 2% and it is showing positive signs above the $0.2400 resistance zone against the US Dollar. XRP price is likely to accelerate gains if it clears the $0.2500 resistance. Ripple price started consolidating gains after it rallied towards the $0.2500 level against the US dollar. The price is currently trading nicely…
DetailsDigitex Futures, the Seychelles-based cryptocurrency startup has announced the much-anticipated public launch of its Bitcoin Futures exchange on July 31 following months of extensive testing. Since the launch of its mainnet, Digitex Futures has been gradually adding more traders enabling them to experience the platform and also provide any feedback that can be used for…
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If you’ve been involved in the Bitcoin market over the past year, you know of PlusToken. PlusToken was a Ponzi scheme with a focus on the Asian cryptocurrency space that was active in 2019. In offering depositors of Bitcoin, Ethereum, EOS and other cryptocurrencies high levels of interest, the operators of the scam managed to…
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Bitcoin’s intense uptrend in recent weeks hasn’t phased its long-term investors, who appear to be holding out for higher prices before they offload their holdings. Data shows that these investors are not yet selling their crypto and are even adding to their long-term stashes as the crypto’s mid-term outlook brightens. Their long-term investment approach is…
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