Key Highlights Ripple price managed to move further higher and it broke the $1.50 resistance against the US dollar. There is a short-term bullish trend line forming with support at $1.50 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is placed nicely above the $1.45 and...
On March 7 a report addressed to the Tokyo District Court revealed that a Mt. Gox bankruptcy trustee – Nobuaki Kobayashi – may have contributed to the three month downtrend in the cryptocurrency market. Over the past three months, Nobuaki Kobayashi has sold over $300 mln in Bitcoin on two...
Key Points Bitcoin cash price is consolidating in a range above the $1500 support against the US Dollar. There is an ascending channel forming with support at $1600 on the hourly chart of BCH/USD (data feed from Kraken). The pair has to break the $1720 resistance level to gains upside momentum toward...
RaiBlocks price failed to stay above the $25.00 support and traded lower against the US dollar. XRB/USD is recovering, but it is facing sellers near $24.00. Key Talking Points RaiBlocks price traded lower recently and formed a low at $18.98 against the US dollar. There is a major bearish trend line forming...
With closing in on the end of the day Monday out of Europe and all we can say about the session today is that the bitcoin price and its volatility has not been for the fainthearted. Right now, things are trading in and around $10,500 – down considerably on...
After correcting the final streak of losses earlier this week, Ethereum consolidates between key pivot levels for the third day in a row. This comes as Ethereum’s rival, Dfinity, raises $61 million for its product. What could be next for Ethereum? Here’s a quick overview. Ethereum Consolidates Below Daily Ichimoku Cloud After...
Key Highlights ETH price recovered well from the $1,009 low and is currently trading above $1,110 against the US Dollar. Yesterday’s highlighted major bearish trend line with resistance at $1,090 was broken on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently showing a lot of positive signs...
Thinking of break out trades? If so, it’s time to buy Lumens. Why? First, prices are reversing from key Fibonacci retracement levels and secondly, at the moment Lumens coin is hot property. As such, riding with positive vibes-or anti-FUD news is always a good move. Alternatively, if you are thinking...
Bitcoin Price Key Highlights Bitcoin price continues to tread sideways and is still hovering around the bottom of its descending triangle on the 4-hour chart. Price looks ready for a bounce off support as a double bottom is forming. Bitcoin has yet to break past the small reversal pattern’s neckline around $14,000...
NEO price has recovered speedy following the general market flow of gain on this beautiful Friday. Can NEO against the US Dollar finally top $130.00? Important to Note: Upon panic selling, NEO price was tanked downwards to the area of $107.00 where it met strong supports being above the important level...