Out of nowhere, Bitcoin price shot up by more than 10% and recorded almost $700 in gains in just the past 24 hours. During this sudden price rally, more than $20 billion flooded into the crypto market. After hovering around…
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Bitcoin Heading Back to Triple Bottom Support, ETH Resumes Downtrend – Technical Analysis
The slight market recovery that started on the first week of July is currently seeing a corrective move. As of press time, total market capitalization is back to the $250 billion level. The top 20 cryptocurrencies listed on CoinMarketCap is…
Bitcoin Bounces Off Triple Bottom Support, NEO Gains Upward Momentum – Technical Analysis
After the 2-month slump that started on May 5, cryptomarket prices are making a bounce back to upward trend. As of press time, total market capitalization is around $270 billion, and looks to break the $300 billion mark in the…
Top 4 Altcoins Tumble with Bitcoin’s Slump – Ethereum, Ripple, Bitcoin Cash, EOS Technical Analysis
The cryptocurrency market is still in turmoil. As of press time, Bitcoin is trading at $6,090 trying to hold support, Bitcoin dominance is at 42%, and total market capitalization is sitting at the $245 million level. These numbers indicate that…
Bitcoin and NEO Prices Continue to Slide as Cryptocurrency Market Struggles to Recover – Technical Analysis
Nearing the close of the month of June, the cryptocurrency market is struggling to recover in overall prices. As of press time, total market capitalization is only at the $250 billion level with Bitcoin dominance hitting the 42% mark. This…
Bitcoin Price Drops Anew, Indicators Show Possible Further Price Loss
Just as Bitcoin started to recover during the opening week of June, the price slump continued, which dropped Bitcoin price back to the February 6 lows. Total market capitalization is currently down at the $260 billion level. As of press…
EOS and Litecoin Bounce Off Key Support Levels, Looks to Gain Upward Momentum – Technical Analysis
During the latest cryptomarket slump, EOS and Litecoin took major hits that decreased prices back to key support levels. As of press time, EOS trades at $11 over USD and 0.00167 BTC over Bitcoin, while Litecoin trades at $99 over…
Cryptomarket Plummets Again, Bitcoin and Ethereum Struggles to Gain Upward Momentum – Technical Analysis
The cryptocurrency market took another downward turn after plummeting through the month of May and trading sideways through the first week of June. On June 9, Bitcoin price started plummeting and eventually bounced off the support level at the $6,100…
Cryptocurrency Market on Another Downturn – Bitcoin, Ethereum, Tron, Price Action and Technical Analysis
The cryptocurrency market took another sharp dive on June 10 with the total market capitalization going below the $300 billion mark. As of press time, total market capitalization is at $296 billion and Bitcoin price is hovering around the $6,700…
Ethereum on a Crucial Point, MACD and RSI Indicate Bullish Signals on the ETH/BTC Trading Pair
Ethereum took a big hit during the recent crypto bloodbath throughout the month of May. After trading at the month-high at $830 over the US Dollar and 0.084 over Bitcoin, Ethereum is currently trading at $610 and 0.079 BTC. Looking…