The Bitcoin price action during the month of May was relatively bearish. After rejecting the $10,000 mark twice, Bitcoin plummeted back to the $7,000 support level. As of press time, Bitcoin is trading at the $7,400 level after a successful…
Ethereum Bounces Off Support Level, Struggles to Break Resistance
The month of May was a corrective month for the cryptocurrency market. Ethereum (ETH) bounced off its major support level, and is looking to break resistance. As of press time, ETH/BTC trading pair is trading at 0.0769 ETH/BTC and the…
NEO Plummets Back to April Prices, Bounces Off Major Support Level
As the whole cryptomarket underwent a major correction during the month of May, NEO’s price action over Bitcoin and over the US Dollar also took a huge hit. As of press time, NEO is trading at 0.072 BTC and $54…
Top 4 Breakout Cryptocurrencies for June 2018
With the month of May coming to a close on a negative note, another month is incoming, and price actions in the cryptomarket is getting more and more interesting. While many crypto investors lost some money on trades during May,…
China Ranks Cryptocurrencies – Ethereum Tops the List, Bitcoin Flops
People’s Republic of China (PRC) belongs to the first governments to regulate Bitcoin and other cryptocurrencies. China is the first country to come out with an official government crypto ranking so far. Three filters were used by China Center for…
Crypto Bloodbath Gets Extended, Bitcoin Forming a Triple Bottom – Technical Analysis
The crypto bloodbath that started during the first week of May seems to be having an extension as crypto prices continue to plummet during the weekend. Prices of the top cryptocurrencies got pulled back to the March 31 lows, which…
Top 4 Altcoin MainNet Launches in the Coming Weeks
Now that the altcoin market is slowly eating away at Bitcoin’s market dominance, three major altcoins may see further gains through their respective MainNet launches in the coming weeks. As of press time, these blockchain projects are having testnet versions…
Next Move for Bitcoin is Crucial, Fibonacci Retracement Shows Bull and Bear Scenarios – Technical Analysis
Since having a nice bull run during the month of April, Bitcoin has struggled to keep momentum opening the month of May. After hitting the resistance level at the $10,000 level on the first week of May, Bitcoin price plummeted…
Top Cryptocurrencies of 2015 – Gain Thousands in Percent in Three Years
While crypto downtrend has been happening through early 2018, a comparative study of the cryptomarket of 2015 versus the cryptomarket of today reveals huge growth. If the current prices of the currencies were compared to those listed on Coinmarketcap’s historic…
Top Three ICOs to Boost Your Portfolio for May 2018
Initial Coin Offerings (ICOs) are good opportunities for profit making. Before a cryptocurrency trades on the market through trading platforms, blockchain projects launch ICOs to pool in initial investors and supporters. The coin or token is sold at a constant…