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Bitcoin Crypto Analysis Cryptocurrency News

Institutional Bitcoin Traders Think That the Top Is In; Factors to Consider

Bitcoin’s price has been flashing signs of overt weakness throughout the past several days and weeks The cryptocurrency is now rapidly approaching its critical support at $9,000 The buying pressure here appears to have been degrading over the past several days and weeks Institutional investors and professional traders on the CME appear to believe that Read more…

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Altcoin Crypto Analysis Cryptocurrency News

These three factors could determine the mid-term fate of Cardano (ADA)

Cardano (ADA) has been one of the hottest cryptocurrencies throughout 2020, posting gains that have only been rivaled by Tezos and Chainlink. Increased usage rates and notable development progression has helped drive this uptrend, allowing the cryptocurrency to climb over 270 percent from its March lows. There are a few critical factors that could influence Read more…

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Altcoin Crypto Analysis Cryptocurrency News

DigiByte Price Analysis: DGB Skyrockets 35% After Being Listed on Binance, What’s Next?

DigiByte increased by 35% following its listing on Binance. The price is still trapped in a triangle pattern despite the latest surge. The bullish sentiment remains valid across trading pairs. DGB/USD: Digibyte Remains Trapped In a Triangle Key Resistance Levels: $0.0244, $0.0267, $0.030 Key Support Levels: 0.0205, $0.016, $0.013 DGB/USD. Source: TradingVIew Following yesterday’s listing Read more…

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Bitcoin Crypto Analysis Cryptocurrency News

Bitcoin’s (BTC) Support at $6,000 Threatened by a Death Cross on the Daily Chart

In brief: Bitcoin (BTC) has had an eventful weekend as it dropped from $6,700 to $6,000. The King of Crypto has tested the $6,000 support zone a few times.  This area of support is crucial as a death cross is forming on the daily chart.  At the time of writing this, all global citizens are Read more…

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Bitcoin Crypto Analysis Cryptocurrency News

Bitcoin Tanks as Low as $7,700 In Brutal Sell-Off: Is There Hope of Recovery?

Since our last market update, Bitcoin hasn’t fared any better; just minutes ago (as of the time of this article’s writing), the cryptocurrency was trading at $7,700 — the lowest the asset has traded at since mid-January, amid the breakout that brought it as high as $10,500. This means that at the worst of the Read more…

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Altcoin Bitcoin Crypto Analysis Cryptocurrency News

Bitcoin To Reach New ATH In 2020 Following A Massive Sell-off: YouTuber MMCrypto Trader’s Digest

YouTube becomes an important video-sharing platform for the cryptocurrency community by the day. More and more people are starting to produce quality content, covering the field in its numerous aspects. If you’ve been following Bitcoin-related videos on YouTube, there’s a high chance that you’ve heard and stumbled upon MMCrypto’s channel. It’s among the fastest-growing channels Read more…

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Altcoin Crypto Analysis Cryptocurrency News

Tezos Entered The Top 10 Cryptocurrencies Following Another 2% Increase: XTZ Price Analysis & Overview

TL;DR Tezos price continued to increase by a further 10% the past week, XTZ trades for $1.72. The cryptocurrency is facing crucial resistance at 0.00025 BTC. Tezos had officially entered the exclusive club of the top 10 cryptocurrencies by market cap. Tezos (XTZ) Key Support & Resistance Levels XTZ/USD Support:  $1.64, $1.54, $1.42. Resistance: $1.74, Read more…

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Crypto Analysis Cryptocurrency News Ethereum

Ethereum Price Analysis: Can ETH Finally Break Above $150?

Ethereum saw a small increase of 1% as it attempted to regain ground back above $150. ETH is poised to break beneath the 2-month long symmetrical triangle. The bulls must break above $158 to start a short term bull run. Key Support & Resistance Levels ETH/USD Support:  $145, $140, $133.50 Resistance: $158.60, $165, $175, $185. Read more…

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Bitcoin Crypto Analysis Cryptocurrency News

Did Bitcoin Price Find a Bottom? BTC Is Back Above $7K Following $700 Daily Gains (Analysis & Overview)

The past week was one of the worst for Bitcoin. The coin’s price had seen a $2000 decline over the past seven days. This morning Bitcoin recorded another new low since May 17 – at $6513 (Bitstamp). However, the cryptocurrency didn’t spend much time at those price levels, and over the past hours, we are Read more…