Monday, March 18Your Daily Bitcoin & Altcoin News Portal

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Bitcoin Crosses Above $4,000: Genuine Rally or Bull Trap?

Bitcoin Crosses Above $4,000: Genuine Rally or Bull Trap?

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Please share if you find this article interesting. Bitcoin Crosses Above $4,000: Genuine Rally or Bull Trap? Just two days after Cboe BTC/USD Analysis | Source: Bitfinex.comThe orange bar reflects the highest 4H trading volumes in the past two weeks. These are not comparable to the mad spikes the market saw between February 20 and 25 trading hours. Atop that, the BTC/USD market is below the orange bar and, at the same time, its Relative Strength Index, the momentum indicator, is already overbought.Therefore, there is a considerable possibility of a bearish correction. There is not enough volume to support a breakout action.I want to be bullish. I really do. But I have to ask myself, what if we're wrong?Please, tell me I'm just in disbelief.$BTC pic.twitter.com/Y8pQwEviiu— Jonny M
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Ethereum Price Analysis: ETH Bulls Are Back, $150 Could Be Next

Ethereum Price Analysis: ETH Bulls Are Back, $150 Could Be Next

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Please share if you find this article interesting. Ethereum Price Analysis: ETH Bulls Are Back, $150 Could Be Next ETH price broke a few important resistance levels near the $134 level against the US Dollar.The price gained traction and settled above the $134 and $136 resistance levels.This was a break above a few continuation patterns near $133 and $136 on the hourly chart of ETH/USD (data feed via Kraken).The pair is currently trading near the $139 resistance and it could continue to trade higher in the near term.Ethereum price is gaining bullish momentum against the US Dollar and bitcoin. ETH is likely to break the $139, $144 and $146 resistance levels to move into a positive zone.Ethereum Price AnalysisYesterday, we discussed that ETH price remains supported for more upsides ...
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Bitcoin (BTC) Price Watch: Important Reversal Signs Emerge

Bitcoin (BTC) Price Watch: Important Reversal Signs Emerge

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Please share if you find this article interesting. Bitcoin (BTC) Price Watch: Important Reversal Signs Emerge Bitcoin price made a few swing moves above the $3,800 and $3,830 supports against the US Dollar.The price managed to settle above the $3,850 level and the 100 hourly simple moving average.This week’s major bearish trend line with resistance at $3,845 was breached on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair tested the $3,870 level and it is currently consolidating, with positive signs.Bitcoin price climbed above key resistance levels against the US Dollar. BTC is trading with a bullish angle and it could rise above $3,900 and $3,940 in the coming sessions.Bitcoin Price AnalysisThe past three sessions were very volatile, with swing moves in bitc
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Crypto Market Could Rally Soon: Bitcoin Cash, EOS, BNB, TRX Price Analysis

Crypto Market Could Rally Soon: Bitcoin Cash, EOS, BNB, TRX Price Analysis

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Please share if you find this article interesting. Crypto Market Could Rally Soon: Bitcoin Cash, EOS, BNB, TRX Price Analysis The total crypto market cap is facing a tough resistance near the $130.0B level.EOS price is trading nicely above the $3.60 support and it could continue higher towards $3.75.Binance Coin (BNB) is consolidating above the $15.00 support and it could extend gains.Bitcoin cash price climbed higher and tested the $135 resistance area.Tron (TRX) price is about to make the next move either above $0.0230 or below $0.0220.The crypto market could break higher, with bullish moves in bitcoin (BTC) and Ethereum (ETH). Binance coin (BNB), BCH, ripple, EOS, TRX and ADA are likely to gain traction.Bitcoin Cash Price AnalysisBitcoin cash price climbed higher slow and stea...
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Ripple Price Analysis: XRP Could Trade Lower As Recovery Falls Flat

Ripple Price Analysis: XRP Could Trade Lower As Recovery Falls Flat

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Please share if you find this article interesting. Ripple Price Analysis: XRP Could Trade Lower As Recovery Falls Flat Ripple price failed to hold gains above the $0.3120 and $0.3100 supports against the US dollar.The price tested the $0.3060 support and it is currently trading near the $0.3100 pivot level.There is a key contracting triangle in place with resistance at $0.3110 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair could either dip sharply below $0.3060 or it may rise above the $0.3110 and $0.3120 resistances.Ripple price trimmed its recent gains and declined against the US Dollar and bitcoin. XRP/USD might accelerate losses if it fails to break the $0.3120 resistance level in the near term.Ripple Price AnalysisYesterday, we saw a nice upward m...
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Ethereum Price Analysis: ETH Could Make a Sustained Move Higher

Ethereum Price Analysis: ETH Could Make a Sustained Move Higher

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Please share if you find this article interesting. Ethereum Price Analysis: ETH Could Make a Sustained Move Higher ETH price managed to stay above the $130 support level and recovered above $132 against the US Dollar.There were swing moves near $130 before the price settled above the $132 pivot level.This week’s important bearish trend line was breached with resistance at $131 on the hourly chart of ETH/USD (data feed via Kraken).The pair is now facing a solid resistance near the $134 level and it could extend gains in the near term.Ethereum price spiked a few times higher against the US Dollar and bitcoin. ETH formed a solid support near $130 and it may climb higher above the $134 and $135 resistance levels.Ethereum Price AnalysisYesterday, we saw a few swing moves near the $130
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Bitcoin (BTC) Price Watch: Upside Break Inevitable Above $3,900

Bitcoin (BTC) Price Watch: Upside Break Inevitable Above $3,900

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Please share if you find this article interesting. Bitcoin (BTC) Price Watch: Upside Break Inevitable Above $3,900 Bitcoin price is trading nicely above the $3,825 and $3,800 support levels against the US Dollar.The price is likely positioning for an upside break above the $3,880 and $3,900 resistance levels.Yesterday’s highlighted important bearish trend line is in place with resistance at $3,860 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair could surge higher once it clears the $3,860 resistance and the 100 hourly SMA.Bitcoin price is setting up for the next key break against the US Dollar. BTC could either rally above $3,900 or decline below the $3,800 support in the coming sessions.Bitcoin Price AnalysisAfter a sharp drop, bitcoin price found suppor
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Crypto Market Trading Sideways: XLM Shoots Up, Bitcoin Cash, EOS, TRX Analysis

Crypto Market Trading Sideways: XLM Shoots Up, Bitcoin Cash, EOS, TRX Analysis

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Please share if you find this article interesting. Crypto Market Trading Sideways: XLM Shoots Up, Bitcoin Cash, EOS, TRX Analysis The total crypto market cap is facing a strong resistance near the $129.0B and $130.0B levels.Bitcoin cash price recovered above the $132 resistance and it could climb towards the $135 level.EOS price is back above the $3.60 level, with a positive angle.Stellar (XLM) price gained more than 5% and broke the $0.1000 and $0.1050 resistances.Tron (TRX) is trading above the $0.0220 level and it could test the $0.0230 resistance.The crypto market is trading sideways below key resistance levels. Stellar (XLM) gained recently, while bitcoin (BTC), Ethereum (ETH), BCH, EOS, ripple and tron (TRX) are preparing for the next break.Bitcoin Cash Price AnalysisBitcoi...
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Ripple Price Analysis: XRP Turned Buy On Dips After Upside Break

Ripple Price Analysis: XRP Turned Buy On Dips After Upside Break

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Please share if you find this article interesting. Ripple Price Analysis: XRP Turned Buy On Dips After Upside Break Ripple price rallied recently and broke many key resistances near $0.3080 against the US dollar.The price even settled above the $0.3100 resistance and the 100 hourly simple moving average.Yesterday’s highlighted key bearish trend line was breached with resistance at $0.3085 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair rallied towards the $0.3250 resistance level and later corrected lower sharply.Ripple price moved nicely into a bullish zone against the US Dollar and bitcoin. XRP/USD is trading above the $0.3100 support and it could resume its upward move in the near term.Ripple Price AnalysisRecently, we saw a steady decline in ripple
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Ethereum Price Analysis: ETH Trading Near Make-or-Break Levels

Ethereum Price Analysis: ETH Trading Near Make-or-Break Levels

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Please share if you find this article interesting. Ethereum Price Analysis: ETH Trading Near Make-or-Break Levels ETH price is struggling to trade above the $133 and $134 resistance levels against the US Dollar.The price is holding the $130 support, it is likely to make the next move soon.This week’s crucial bearish trend line is intact with current resistance at $132 on the hourly chart of ETH/USD (data feed via Kraken).The pair could either break the trend line and rally or decline below the $130 support in the near term.Ethereum price is following a bearish structure against the US Dollar and bitcoin. However, if ETH breaks $132 and $134, there could be a decent bullish wave towards the $138 level.Ethereum Price AnalysisAfter struggling to break the $134 resistance, ETH price