Tron [TRX/USD] Technical Analysis: Bear has the last laugh as cryptocurrency continues to suffer

The cryptocurrency market has been trying hard to escape the bear attack but to no avail. At press time, the market was still bleeding red after a week of turbulent price movements. Bitcoin [BTC], Ethereum [ETH] and Tron [TR] were all sliding with sporadic bull spikes. 1-hour The one-hour chart shows that the price drop…

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Ripple Overtakes Ethereum as Bitcoin’s Market Cap Falls Below $100 Billion

Ripple has suddenly taken second position with a market cap of $19 billion while ethereum has fallen to $18.4 billion on increased global crypto trading volumes of nearly $20 billion. No one is celebrating, however, because this isn’t due to any gains by ripple but due to a brutal sell off across the crypto market…

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How Low Can It Go? Bitcoin Settles Below $5,600 as Altcoins Continue to Drop

Following yesterday’s widespread and significant drop across the entire cryptocurrency markets, Bitcoin has settled below $5,600, the lowest price it has seen this year, and many altcoins have continued dropping. At the time of writing, Bitcoin is trading down over 8% at its current price of $5,560, recovering slightly from its low point of $5,350,…

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Bitcoin [BTC/USD] Technical Analysis: Bears continue to hold cryptocurrency captive as prices stagnate

The cryptocurrency market’s rise and fall have been quite sporadic, with several coins shifting between the green and the red spectrum over the past couple of days. Major cryptocurrencies like Bitcoin [BTC], Ethereum [ETH] and XRP have all been trying to get out of the bear zone, but to no avail. 1-hour: The Bitcoin [BTC]…

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NEM Skyrockets as Coincheck Resumes Trading, Altcoins Trade Up Amidst Bitcoin Stability

NEM (XEM) is currently trading up nearly 20% as cryptocurrency exchange Coincheck resumes its normal trading activity. NEM’s meteoric price rise comes amidst overall market stability, with Bitcoin (BTC) trading steadily at $6,400, and most altcoins trading up. At the time of writing, Bitcoin is trading at $6,400, recovering from a slight dip into the…

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Bitcoin [BTC/USD] Technical Analysis: Bearish doom awaits coin as it stands poised at cliff’s edge

Bitcoin [BTC] has recently been seeing movement within its tightly-defined trading setup, bouncing between the $6,300 and $6,700 marks. While this has not presented any opportunities for swing traders, market sentiment seems at a high as HODLers draw closer to the moon. 1-hour: The short-term outlook for Bitcoin shows that an uptrend is present from…

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NEM Price Turns Uber Bullish as Coincheck Provides Good News

Whereas most of the top cryptocurrencies are still struggling for traction, interesting developments take place just outside the top 15 The NEM price is going through a very bullish rally right now, primarily because Coincheck has officially resumed trading services for this altcoin. This appears to bring a lot of positive momentum to the New…

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Bitcoin [BTC/USD] Technical Analysis: Support levels hold as last bastion against bear’s attacks

Bitcoin [BTC] recently saw an attack of the bear move the price downwards to the $6,400 range, testing crucial support levels. Even now, the coin continues to rest on one of these supports, with bearish pressure threatening the precarious position of Bitcoin’s price. 1-hour: The short-term outlook for Bitcoin shows that there is an uptrend…

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Overstock CEO Predicts Mass Crypto Adoption as Bitcoin Rises

Cryptocurrency markets have fallen by more than 70 percent this year. But according to a veteran from the industry, they are standing at the edge of a revolution. Patrick Byrne, the CEO of Overstock, an Amazon-like marketplace which accepts payments in Bitcoin, said in a recent interview that he is still expecting cryptocurrencies to reach…

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Bitcoin Cash BCH Price On Steady Rise As Hard Fork Approaches

The looming hard fork of Bitcoin Cash has seen the coin’s price gain over 40 percent in the past week. The trend is expected to continue until the fork takes place which will be on November 15. Reason For The Peak In Price A hard fork results in the creation of a second chain and token. So,…

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Ethereum [ETH] Back Above $205 As The Market Records Gains

Today, November 05, has seen most altcoins break from the sideways action that has been dominating the market. After starting the month on route to recovering from the price fall from October 29, and the monotonous sideways action that followed, the market is finally soaring on. In the last couple of hours, we’ve seen Ethereum…

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Altcoins Price Analysis: LTC/USD Top Performer as XLM Inch Higher

The altcoin market is back to green with LTC/USD adding six percent in the last 24 hours. At the same time, Stellar trade volumes are quite high as the market remain expectant of a probable listing at CoinBase after BAT expected support. All in all, we expect gains to continue throughout this week. Let’s have…

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XRP [XRP/USD] Technical Analysis: Cryptocurrency struggles to rise as other coins enjoy the bull party

The cryptocurrency market seems to have taken a roller coaster ride with some coins seeing an uptrend while others are still under the bear’s thumb. Bitcoin [BTC], Ethereum [ETH] and Bitcoin Cash [BCH] are all riding the bull wave while XRP still seems to be having trouble getting out of the bear’s shadow. 1-hour: XRP…

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Bitcoin Cash Price Surpasses $475 as Coinbase Confirms Hard Fork Support

Most cryptocurrencies benefit from minor upward momentum during this weekend. Bitcoin Cash is a bit of an exception, as it has noted solid gains for two days straight. The current push brings the value to $475, and a further uptrend to $500 is not entirely unlikely. The network’s upcoming hard fork is generating some positive…

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Nano Price Eyes $2 as Huobi Global Listing Sparks Interest

Most cryptocurrency markets still remain stuck in the dirt for the time being. More specifically, Bitcoin remains in the red and most altcoins will not see any major changes as long as this situation remains in place. Nano is one notable exception in this regard, as it is well underway to hit $2 once again….

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EOS Price Downtrend Should end Soon as dApp Festa Kicks Off

It would appear a fair few cryptocurrencies are on the rise once again. Although there are still plenty of deficits which need to be overcome first and foremost, EOS appears to be on the right track. Some of its initial losses have been recouped with relative ease, and it seems the push to $5.25 will…

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Ethereum Price Watch: Bears Remain in Control as Currency Sits Around the $205 Mark

What’s behind this sluggish performance? First and foremost, it is important to recognize that Ether is currently facing some of its lowest investor confidence in quite some time. This is highlighted by the fact that the value of the premier digital asset has dropped by more than 80% over the past 10 months. To further…

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Bitcoin [BTC/USD] Technical Analysis: Sideways movement set to continue as resistances enforce price stability

As the market continues its sideways movement, investors continue to lose interest in the cryptocurrency market. Even as bullish news continues to emerge regarding the evolution of the space, the price does not seem to reflect the positive sentiment. Bitcoin [BTC], in particular, has been seeing its lowest volatility since an extended period of time…

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IOTA Price Analysis: EOS Demand High as IOTUSD Reverse from 50 Cents

Today, odds are we might see higher highs after 10 days of horizontal and price inactivity. Therefore, following 90+ percent drops from 2017 highs, IOTUSD, EOSUSD, LTCUSD and TRXUSD could print higher by end of week. Let’s have a look at these charts: EOS/USD: EOS Price Analysis Even with “unacceptably” low trading volumes and thin…

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Facebook exodus continues as Oculus co-founder Brendan Iribe leaves

Brendan Iribe, the former CEO and co-founder of Oculus, announced on Monday that he is leaving Facebook. Iribe’s departure comes a month after the exits of Instagram Co-founders Kevin Systrom and Mike Krieger. Earlier this year, WhatsApp Co-founder Jan Koum also left the company. Brendan Iribe, the former CEO and co-founder of Oculus, announced on…

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