Ripple (XRP) charts suggest that there may be early signs of a price reversal after a year-long downtrend. The majority of the Ripple (XRP) holders were waiting for the yearly Swell conference to bring some excitement to XRP price. However, the price didn’t move at all and now Ripple is searching for annual lows on…
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Data from Amazon’s Alexa analytics website shows high volume on crypto exchanges does not necessarily mean a high traffic and engagement ranking. As a young industry, the cryptocurrency space has been like a revolving door, seeing numerous companies, projects and assets come and go with the wind. Crypto exchanges, in particular, have seen their fair…
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Major cryptocurrency exchange Binance has announced staking rewards for Tezos starting Dec. 4. Binance — the second-largest crypto exchange by daily trade volume — has announced support for Tezos (XTZ) staking, according to an announcement published on Dec. 3. Starting on Dec. 4, Binance’s users will be able to trade with XTZ, with XTZ rewards…
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A quieter 24 hours gets analysts considering a narrower trading corridor for the short term, with $6,900 a likely lower boundary if current levels fail to hold. Bitcoin (BTC) stayed rangebound on Dec. 2 after a descent from near $8,000 over the weekend failed to crack the $7,000 support. Cryptocurrency market daily overview. Source: Coin360…
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Bears could push Bitcoin price to its 200-week moving average below $5,000 before a mid-term reversal occurs. As part of its current mid-term downtrend, Bitcoin (BTC) could be headed toward its 200-week moving average (MA), a level that has been a major historical bottom. Since hitting its 2019 high of approximately $13,890, Bitcoin has seen…
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Key trading indicators suggest that Bitcoin has completed its macro bear cycle and is ready to rocket to $9,000 this week. Whilst the Bitcoin price (BTC) action may seem bearish to some, the leading digital asset has several bullish indicators that hint towards an imminent recovery. As Bitcoin enters the last month of 2019, will…
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A vacuum between futures’ weekly closing price and current BTC/USD levels could take Bitcoin as much as $600 higher next week, an analyst suggests. Bitcoin (BTC) fell back towards support at the $7,250-$7,300 level on Dec. 1 after its latest sudden uptick began to fizzle overnight. Cryptocurrency market daily overview. Source: Coin360 Futures gap incoming…
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Bitcoin price failed to break through the $7,800 resistance and now likely to backtest levels that have recently flipped into new support. Whereas Bitcoin (BTC) was hovering at $6,500 earlier this week, it has since rebounded to the resistance zone of $7,800 but failed to break it on the first attempt. Crypto market daily performance.…
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Over the past four years the price of Bitcoin has seen moves of more than 30% during the holiday month of December — so will this year also see volatility? At just over 10 years old, crypto’s largest asset Bitcoin (BTC) has made a name for itself as a volatile asset, as shown by its…
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Resistance closer to $8,000 remains but a bearish reversal back to the $6,000 range has yet to materialize, boosting trader sentiment. Bitcoin (BTC) inched closer to $8,000 on Nov. 29 after maintaining its previous gains for another day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin settles above $7,500 Data from Coin360 showed BTC/USD avoid a…
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