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…
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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…
Bitcoin Forms Flag Pattern on Four-Year Log Chart, Decisive Move Ahead – Technical Analysis
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,…
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…
NEO on Correction Mode, Struggles to Hold Support Lines – Technical Analysis
NEO is currently on a downward trend this past 2 weeks. After a nice bull run during the month of April that boosted NEO with more than 40% price increase trading over Bitcoin, a 2-week bearish trend opened the month…
Crypto Coin Review: IOTA – Machine to Machine Economy – High Level
IOTA is one of the most promising cryptocurrency projects currently in development. Sitting at the number 9 spot in terms of market capitalization, IOTA is priced at $2.07 as of press time. What is IOTA? IOTA makes use of distributed…