Monday, July 23Your Daily Bitcoin & Altcoin News Portal

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Cardano Price Analysis: Dips in ADA/USD Remains Supported

Cardano Price Analysis: Dips in ADA/USD Remains Supported

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Please share if you find this article interesting. Cardano Price Analysis: Dips in ADA/USD Remains Supported Key HighlightsADA price started a nice upside move after testing the $0.1550 support against the US Dollar (tethered).There was a break above a crucial bearish trend line with resistance at $0.1650 on the hourly chart of the ADA/USD pair (data feed via Bittrex).The pair is currently placed above the 100 hourly simple moving average and the $0.1700 support.Cardano price is gaining momentum against the US Dollar and Bitcoin. ADA/USD is likely to move further higher above the $0.1800 level in the near term.Cardano Price AnalysisAfter a major downside correction, cardano price found support above the $0.1500 level against the US Dollar. The ADA/USD pair formed a low at $0.1542...
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Bitcoin Price Watch: BTC/USD Poised to Test $8,000

Bitcoin Price Watch: BTC/USD Poised to Test $8,000

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Please share if you find this article interesting. Bitcoin Price Watch: BTC/USD Poised to Test $8,000 Key PointsBitcoin price traded higher and broke a major resistance at $7,580 against the US Dollar.There was a break above a connecting resistance trend line at $7,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair is likely to move further higher towards the $7,800 and $8,000 resistance levels.Bitcoin price is slowly gaining bullish momentum above $7,500 against the US Dollar. BTC/USD is likely preparing for more gains towards the $8,000 barrier.Bitcoin Price AnalysisBitcoin price was rejected many times near the $7,550 and $7,580 resistance levels against the US Dollar. The BTC/USD pair recently dipped towards the $7,320 level, where it found strong bi...
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Ripple Price Analysis: XRP/USD Eyeing Upside Break above $0.4650

Ripple Price Analysis: XRP/USD Eyeing Upside Break above $0.4650

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Please share if you find this article interesting. Ripple Price Analysis: XRP/USD Eyeing Upside Break above $0.4650 Key HighlightsRipple price found support near the $0.4300 level and recovered a few points against the US dollar.There was a break above major connecting bearish trend line with resistance at $0.4500 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is currently attempting an upside break above $0.4620 the 100 hourly simple moving average.Ripple price is trading with a positive bias against the US Dollar and Bitcoin. XRP/USD must break $0.4620 and $0.4650 to accelerate higher in the near term.Ripple Price ResistanceThis past week, there was a sharp decline in Ripple price from well above the $0.5000 level against the US Dollar. The XRP/USD p...
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Ethereum Price Analysis: ETH/USD Facing Key Resistance at $470

Ethereum Price Analysis: ETH/USD Facing Key Resistance at $470

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Please share if you find this article interesting. Ethereum Price Analysis: ETH/USD Facing Key Resistance at $470 Key HighlightsETH price is consolidating in a range with a crucial resistance at $470 against the US Dollar.There was a break above a key bearish trend line with resistance near $452 on the hourly chart of ETH/USD (data feed via Kraken).The pair must break the $470 resistance to continue higher towards $490 and $500 in the near term.Ethereum price is slowly moving higher against the US Dollar and Bitcoin. ETH/USD is currently facing a strong resistance near the $470 level.Ethereum Price Upside HurdleAfter a continuous decline, there was a decent support formed near $438-440 in ETH price against the US Dollar. The ETH/USD pair started an upside move and traded above th...
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Bitcoin Cash Price Analysis: BCH/USD Could Accelerate Higher

Bitcoin Cash Price Analysis: BCH/USD Could Accelerate Higher

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Please share if you find this article interesting. Bitcoin Cash Price Analysis: BCH/USD Could Accelerate Higher Key PointsBitcoin cash price formed a support base near $740 and bounced back against the US Dollar.There was a break above a key bearish trend line with resistance at $790 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair broke the $800 resistance and the 100 hourly simple moving average to gain traction.Bitcoin cash price is positioned nicely above the $780 level against the US Dollar. BCH/USD is likely to accelerate higher towards the $850 and $880 levels.Bitcoin Cash Price TrendAfter a major downside move, bitcoin cash price found buying interest near the $740 and $750 levels against the US Dollar. The BCH/USD pair started an upward move and b...
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Bitcoin (BTC) Price Watch: Another Upside Break in Sight?

Bitcoin (BTC) Price Watch: Another Upside Break in Sight?

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Please share if you find this article interesting. Bitcoin (BTC) Price Watch: Another Upside Break in Sight? Bitcoin Price Key HighlightsBitcoin price has been on a tear lately but has yet to break past another key resistance on its move higher.Price has been trading inside a descending triangle on the daily chart and is just testing the top.A move past this level could encounter one more dynamic resistance before setting its longer-term climb.Bitcoin price has broken one upside barrier after another and is testing another major one on its move higher.Technical Indicators SignalsThe 100 SMA is still below the longer-term 200 SMA to suggest that the path of least resistance is to the downside. In other words, there’s still a chance for the selloff to resume from here. The shorter-
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Bitcoin (BTC) Technical Analysis: With Institutional Involvement, BTC Fair Value above $10,000

Bitcoin (BTC) Technical Analysis: With Institutional Involvement, BTC Fair Value above $10,000

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Please share if you find this article interesting. Bitcoin (BTC) Technical Analysis: With Institutional Involvement, BTC Fair Value above $10,000 Over the weekend, Bitcoin prices remained pretty stable with buyers jumping at $7,100 rejecting depreciation below $7,000. In any case, what we have is a nice bullish engulfing candlestick bouncing off a key support line at $6,000 following last week’s rapid gains. Even though our In this time frame, what’s important is July 17 bullish engulfing candlestick. By all accounts it’s a bullish break out candlestick which triggered our longs at $6,800 and $7,000.Now, while we had some consolidation late last week, the fact that July 22 bull candlestick confirmed July 17 thrust means we should continue loading longs in lower time frames.Ideal
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EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis: Altcoins Priming for Further Gains

EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis: Altcoins Priming for Further Gains

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Please share if you find this article interesting. EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis: Altcoins Priming for Further Gains From the charts, it’s likely that EOS, Litecoin, IOTA and even Tron buyers will continue with their upward trajectory after yesterday’s rejection of lower lows. It’s important to note that this injection of buy momentum happened right at key support lines. Solely because of this and the way our charts are set up, we expect further In a mark of crypto confidence, Samsung Stores across the three Baltic States will in the coming days accept merchandise settlement using cryptocurrencies. As a coin designed as a means of exchange, coin holders would make payments in Litecoin (LTC). To make the whole process easy, Samsung shall work with Co
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Bitcoin Price Weekly Analysis: BTC/USD’s Next Target $8,500

Bitcoin Price Weekly Analysis: BTC/USD’s Next Target $8,500

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Please share if you find this article interesting. Bitcoin Price Weekly Analysis: BTC/USD’s Next Target $8,500 Key PointsBitcoin price gained momentum and settled above $7,200 against the US Dollar.There is a major bullish trend line forming with support at $7,000 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The pair is likely to make the next move either above $7,600 or below $7,240 in the near term.Bitcoin price is placed nicely in an uptrend above $7,000 against the US Dollar. BTC/USD is eyeing the next break either above $7,600 or below $7,240.Bitcoin Price Range PatternThis past week, there was a major upside move above the $6,800 resistance in bitcoin price against the US Dollar. The BTC/USD pair jumped above the $7,000 and $7,200 resistance levels to ga
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Ethereum Price Weekly Analysis: ETH/USD Could Revisit $422

Ethereum Price Weekly Analysis: ETH/USD Could Revisit $422

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Please share if you find this article interesting. Ethereum Price Weekly Analysis: ETH/USD Could Revisit $422 Key HighlightsETH price struggled to hold gains above $510 and declined sharply against the US Dollar.Recently, there was a break above a bearish trend line with resistance at $457 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair has to close above $477 and the 100 simple moving average to move back in a bullish zone.Ethereum price is moving with bearish signs versus the US Dollar and Bitcoin. ETH/USD must clear the $470 and $477 resistances to climb higher.Ethereum Price ResistancesThis past week, there was a solid upside move above the $500 level in ETH price against the US Dollar. The ETH/USD pair traded above the $510 level, but it failed to hold gains....