Somehow, someway, Bitcoin has managed to rally over the past five weeks, amid the most uncertain economic conditions we’ve seen in years, even more so than since 2008’s Great Recession. The rally has been so strong that since the March 12th “Black Thursday” crash, the cryptocurrency has managed to print five — yes, five —…
DetailsEthereum is up more than 20% from the $150 support area against the US Dollar, and gained traction vs bitcoin. ETH price is correcting lower, but it remains well supported. ETH price is showing a lot of positive signs above the $175 and $180 levels against the US Dollar. A new monthly high is formed…
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Last month, as the world began to grapple with the economic reality of the coronavirus outbreak, Bitcoin fell off a cliff — tumbling from $7,700 to $3,700 within the span of two days, a drop of over 50%. Since then, a question that has plagued investors is if Bitcoin bottomed during that crash. While there…
DetailsFrom the peak in February, XRP has fallen off by just under 50%, crushed under the pressure of a bear market across many asset classes. But, according to a number of leading cryptocurrency analysts, the third-largest cryptocurrency by market capitalization is on the verge of mounting an impressive comeback. XRP Is Readying to Rally Analyst…
DetailsAfter experiencing a notable rally yesterday, Ethereum lost its momentum and retraced a significant amount of these gains, with the crypto plunging back to its recently established support at $180 as it flashes some signs of weakness. It is important to note that bulls have established the price region just below where Ethereum is currently…
DetailsBitcoin has done extremely well over the past month. Just over 30 days ago, the leading cryptocurrency was trading at $3,700 — 50% lower than it had been trading at the start of the previous day and 65% below the 2020 highs of $10,500. Now, BTC is at $7,200, nearly 100% higher than the bottom.…
DetailsEthereum has been on a remarkable recovery over the past few weeks. In fact, just yesterday, the cryptocurrency shot to $190, which meant that it had retracted effectively 100 percent of the brutal “Black Thursday” crash, which saw ETH fall from $194 to a low of $90 in the span of 24 hours. This drop,…
DetailsBitcoin saw a notable overnight rally that allowed it to move as high as $7,300, with this coming about after an extended period of trading sideways within the lower-$7,000 region for the latter part of this past week. It now appears that bulls are targeting a movement towards $8,000, as resistance could be weakening as…
DetailsEthereum has been able to significantly extend its recently established momentum today, with the cryptocurrency rallying all the way up to highs of $183 after a short-lived period of sideways trading around $170. The extension of this uptrend has allowed Ethereum to surmount a massive high-time-frame resistance region that bulls are currently in the process…
DetailsAlthough Bitcoin normally leads the crypto market, Ethereum has outperformed almost all other digital assets over the past few days. As of the time of this article’s writing, the cryptocurrency trades at $182, up 7% in the past 24 hours and up 24% since the lows of the week near $147. From the bottom seen…
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