Ethereum started a downside correction from the $620 zone against the US Dollar. ETH price is now trading near a major support at $580 and the 100 hourly SMA Ethereum started a downside correction after it failed to clear the $620 and $625 resistance levels. The price traded below the $600 support, but it is…
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The crypto market is in a phase where altcoins from the previous rally, 2017’s bull market, are absolutely ripping faces off. While Bitcoin is up 5% in the past 24 hours, there are a series of these altcoins that have gained dozens of percent over the past day. These include but are not limited to…
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Bitcoin price broke to the upside and traded close to $19,500 against the US Dollar. BTC is currently correcting gains, but the previous resistance near $18,800 could provide support. Bitcoin traded above the $18,700 and $18,800 resistance levels before correcting lower. The price traded close to the $19,500 level and settled above the 100 hourly…
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Bitcoin price is less than a few hundred dollars away from setting a new all-time high. The closer the top-ranked cryptocurrency gets to its former peak, the more bullish altcoins respond. One crypto analyst has shared a chart that shows what could happen to altcoins when Bitcoin finally does break its all-time high. Ripple, Ethereum,…
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Bitcoin is exploding higher after days of consolidation under $19,000. The leading cryptocurrency as of this article’s writing is in the midst of shooting toward previous all-time highs. Bitcoin currently trades for $19,400, which is the highest it has traded since the late 2017 highs. BTC has a few percent to move to the upside…
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Yearn.finance’s YFI token has been consolidating within the mid-$20,000 region throughout the past few weeks, with its recent parabolic surge from lows of $7,500 getting slightly overheated after it approached $30,000. It has since been consolidating and is now gearing up for another bout of volatility as its trading range grows narrower by the day.…
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Chainlink has been incredibly strong over the past few days, fully exposed to the upside seen across the aggregated cryptocurrency market as bulls take full control. Its price has surmounted multiple key resistance levels that have slowed its ascent in the past, and it is now only a stone’s throw away from setting fresh all-time…
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After spending three years of the crypto bear market as the butt of all jokes, being compared to sheep manure, and much more, XRP has shocked the entire industry with a 225% single-month explosion. But the powerful breakout could only be just beginning, according to a variety of technical indicators that measure the strength of…
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XRP has surprisingly been one of the best performing altcoins throughout the past few days, far surpassing the gains seen by Ethereum over the past month and even outperforming Bitcoin’s gains seen over the past week or two. This comes following a prolonged bout of sideways trading that persisted for over a multi-year period. The…
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Bitcoin price is trading well above $19,000 and it is the last stop before reaching $20,000 and setting a new all-time high. With no further resistance above the former peak, will the cryptocurrency go fully parabolic and enter price discovery mode starting today? Or will a long-overdue correction unfold with the vast majority of investors…
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