Ethereum Price Analysis: Dips In ETH Remain Attractive

ETH price extended gains and traded above the $118 and $120 resistance levels against the US Dollar. There was a break above a major bearish trend line with resistance near $117 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded towards the $125 resistance and later corrected lower towards $120. Ethereum price is placed nicely in an uptrend against the US Dollar and bitcoin. ETH/USD could correct a few points, but dips remain attractive in the near term near $116. Ethereum Price Analysis In the weekly…

Ripple Price Weekly Analysis: XRP Primed For More Upsides

Ripple price bounced back sharply and broke the $0.3000 resistance level against the US dollar. There was a break above a major bearish trend line with resistance near $0.2900 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair is now placed nicely above the $0.3000 support and the 100 simple moving average (4-hours). Ripple price gained a strong bullish momentum against the US Dollar and bitcoin. XRP/USD is likely to extend the current wave towards the $0.3300 or $0.3400 resistance level. Ripple Price Analysis Recently,…

Bitcoin Price Weekly Analysis: BTC Could Rebound To $4,000

Bitcoin price formed a significant support near the $3,345 level and jumped sharply against the US Dollar. There was a break above a crucial bearish trend line with resistance at $3,380 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair rallied above the $3,400 and $3,500 resistance levels to move into a bullish zone. Bitcoin price surged higher recently above the $3,550 barrier against the US Dollar. BTC/USD might continue to move higher towards the $3,800 and $4,000 resistance levels in the near term. Bitcoin…

Ethereum Price Weekly Analysis: ETH Skyrockets, Dips Remain Supported

ETH price formed a solid support at $100 and started a strong uptrend against the US Dollar. There was a break above a crucial bearish trend line with resistance at $104 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair traded as high as $122 and it is currently consolidating gains with range moves. Ethereum price climbed higher sharply versus the US Dollar and Bitcoin. ETH/USD is now placed in a bullish zone above the $114 and $112 support levels in the near term. Ethereum Price Analysis…

Why Bitcoin’s Forecast is Finally Turning Bullish, Expect a Bitcoin Price Rise

The price of bitcoin is still hovering below the $3,500 mark and volatility seems to be dying fast. Is it strange, then, that SFOX‘ report (a cryptocurrency prime dealer for large-scale investors) places the Crypto market at ‘mildly bullish’ entering February? This is a couple of notches up from its ‘mildly bearish’ tag last month. Why? SFOX Crypto Volatility Report January 2019 The institutional broker-dealer SFOX report collects key metrics, including volume, price, and volatility data from eight major exchanges on four leading crypto assets–Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. It…

One Trader Thinks Recent 10% Rally of Bitcoin Could Lead to Something Much Greater: a Full-Fledged Recovery

The Bitcoin price today chartered into positive territory after weeks of bearish action near $3,400. It rose close to 10% while clearing through a stubborn resistance area of $3,480-3,500. A sudden spike is as incredible as it is scary. There are questions about its origins. Is it natural for an asset to wake from a bearish slumber and rise 10%? Now if that has happened, how severe would the next bearish correction be? And most importantly, how far BTC can extend its gains as it trends higher in its overbought…

Bitcoin Price Analysis: BTC Explosion, Surge 8.4%

Bitcoin prices recover, find support from $3,400 Argentinians can now load their SUBE Travel Cards using Bitcoin Transaction volumes picking up, Bulls are back It was the objective of Satoshi Nakamoto to roll out a cash payment system. That is why efforts are being made to drive BTC to the mainstream, and aside from Wyoming, Argentinians using public transport means can load up their cards using BTC. No doubt, such efforts will help pump prices from spot rates. Bitcoin Price Analysis Fundamentals For Bitcoin to strive, then it must find…

Tron Price Analysis: TRX Up, Expect More Pumps Before Feb 11

Tron prices picking up, up 3.7 percent in last day Binance CEO is confident; the exchange can weather all market conditions Transactional volumes below average; should increase as TRX demand swell Following a successful ICO, it was projected that TRX prices would expand as users flock to the coin because of BTT airdrop. However, many are disappointed. TRX prices are not rallying though it is trading within a bullish trend. Regardless, we retain a positive outlook and once prices clear 4 cents, demand will surge inevitably driving prices above 6…

XRP Up 4.3%, Next Stop 60 Cents

Ripple prices are back to green Binance is open for collaboration with Ripple There is an uptick in transactional volumes, XRP likely to register more gains Binance is open for collaboration, and xRapid incorporation may be on the cards. Assuming that happens, XRP will surely rally above 34 cents to 60 cents in a matter of days as our trade plan reiteration come to pass. Ripple Price Analysis Fundamentals Changpeng Zhao is straight up honest. In a recent podcast, he admitted that nothing is going on between Ripple and the…

Bitcoin Price Watch: Upsides In BTC Likely To Be Capped

Bitcoin price is trading in a range above the $3,345 support level against the US Dollar. There is a major bearish trend line formed with resistance at $3,375 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to face a strong resistance near the $3,375 and $3,400 levels. Bitcoin price is currently consolidating losses above $3,340 against the US Dollar. BTC could correct a few points, but upsides are likely to remain capped near $3,400. Bitcoin Price Analysis There was a short-term support…