Ethereum Price Analysis: ETH/USD Sellers Back In Driver's Seat

Key Highlights ETH price declined heavily after it broke the $200 and $190 supports against the US Dollar. There is a short term contracting triangle formed with resistance at $178 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct higher, but upsides are likely to be capped near $180 or…

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Ripple Price Analysis: XRP/USD Nosedives, Turns Bearish Below $0.4600

Key Highlights Ripple price declined heavily and broke the $0.4860 and $0.4400 support levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.4720 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is struggling to recover above the $0.4600 and $0.4700 resistance levels….

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Bitcoin Price Analysis: BTC/USD Must Dump before Bulls Reign in 2019

The Bitcoin FUD It’s a capitulation. It’s the end of Bitcoin. It’s a Bitcoin Sell-off. And it’s true; a typical Bitcoin investor is bleeding right now. But a critical look at price action and historical price movement paints a rosy picture: Prices will most likely recovery and print higher in the next few months. They…

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XRP witnesses price crash of 4.48%; ecosystem falls dull prior to XRPTipBot secret announcement

XRP, the third-largest cryptocurrency in the world, placed directly below Ethereum [ETH] and Bitcoin [BTC] has taken a slump 4.48%, trading at a depreciated price of $0.499 with a market cap of $20.06 billion. The total 24-hour trading volume was recorded at $431.9 million. XRP 1d price chart | Source: coinmarketcap During the day, XRP started…

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Ethereum Price Analysis: ETH/USD Extends Losses, $200 Holds Key

Key Highlights ETH price declined further and broke the important $206 support against the US Dollar. This week’s followed key bearish trend line is still in place with resistance at $208 on the hourly chart of ETH/USD (data feed via Kraken). The pair is under pressure below $208 and $206, which could result in more…

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Ripple Price Analysis: XRP/USD Reject Lower Lows, Short Term Targets at 80 Cents

Latest Ripple News Aside from EOS and Stellar Lumens which are recent inventions, it still beat logic that CoinBase is yet to list XRP. While it is understandable that CoinBase can practice their discretion and list any coin that adheres to their listing framework, XRP is a liquid asset and far more than just being…

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Bitcoin [BTC] Price Analysis: Will the Bears break down side of $6,286?

BTCUSD Medium-term Trend: Bearish Resistance levels: $6,366, $6,439, $6,509                                             Support levels: $6,286, $6,192, $6,092 The coin is in bearish trend on medium-term outlook. The bears returned to the BTC market with full force on November 8 after the BTC price reached its high of $6509 price level by the bulls’ pressure. Short consolidation was…

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XRP Price Bullrun Continues Following Money Tap and IMF Excitement

A lot of eyes are on the XRP price, for the time being. That decision makes a lot of sense first and foremost, primarily because this asset has been poised for growth for some time now. In the case of XRP, there is still some positive momentum brewing. As the Ripple ecosystem grows and evolves, so will…

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Bitcoin Cash Price Analysis: BCH/USD At Risk Of Break Below $500

Key Points Bitcoin cash price is struggling to recover above $530 and $540 against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $515 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently at a risk of more losses below the $500 and…

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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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Ripple (XRP) Price Analysis: Looming Bullish Spike ⋆ ZyCrypto

XRP/USD Medium-term Trend: Bearish Resistance Levels: $0.52, $0.53, $ 0.55 Support Levels: $0.49, $0.47, $0.45 XRP is bearish on the medium-term outlook. On November 5, enough momentum was gained by the   bulls, XRP price rose from the support level of $0.47 to the resistance level of $0.55 where the price was pushed back by the…

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Comparison of Bitcoin Price Analysis from 2017 to 2018

Bitcoin is notoriously unpredictable. Since its inception almost 10 years ago, this cryptocurrency has gone through boom and recession that often defy logic – with some people calling it the “magic internet money”. Unprecedented Rise Still, with this shaky history, bitcoin’s abrupt price rise on 12 April 2018 was exceptional. In about one hour, its…

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VeChain Price Uptrend Continues due to Real-World Technology Potential

All of the major cryptocurrency markets continue to note impressive gains as more time progresses. Further down the rankings, most of the altcoins also remain firmly in the green, which is a very promising sight to behold. VeChain continues to truck along nicely, primarily because things are clicking together behind the scenes. VeChain Price Climbs…

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EOS, Litecoin, Stellar, Tron, Cardano Price Analysis: Early Stages of a Mega Rally

It’s back to profitability for most altcoins as they register double digit gains. Leading the pack is XLM/USD and ADA/USD trading above important resistance levels. We expect most altcoins to keep expanding throughout this week as they reverse 2018 losses as price action form the foundation of a mega-rally. Let’s have a look at these…

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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 Price Analysis: ETH/USD Breaks Key Resistance, $230 Next?

Key Highlights ETH price traded higher and broke the $215 and $220 resistance levels against the US Dollar. Yesterday’s highlighted key breakout pattern was breached with resistance at $208 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded towards the $223 level and it remains well supported on dips near $216….

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Bitcoin Price Watch: BTC/USD Could Resume Uptrend Above $6,440

Key Points Bitcoin price corrected lower recently after trading as high as $6,472 against the US Dollar. There is a major bullish trend line in place with support at $6,390 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is positioned for the next wave, which could be above the…

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Altcoins Price Analysis: ADA/USD and IOT/USD Bull Breakout Pattern

As EOS bull momentum slow down, ADA/USD and IOT/USD are trading within a bull break out pattern and it is likely that prices will race towards immediate targets at 9.5 cents and 90 cents. Should there be higher highs today in these two pairs as EOS/USD and XLM/USD consolidate then it points to an existing…

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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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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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