Tag Archives: Price Analysis

Bitcoin Price Analysis: Will Bitcoin Bite Back?

Now that the Bitcoin Cash hard fork is complete, will Bitcoin bounce back from a $1,200 loss? Market Overview Yesterday’s 8% move from $5,188 to $5,700 was nice but does the King of Cryptocurrencies have any other cards up its sleeve? At the moment bull volume is nearly non-existent and as the weekend approaches it could taper even… Read More »

Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, DASH: Price Analysis, Nov. 16

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bitcoin saw its third worst drop of 2018 on Nov. 14, as… Read More »

Bitcoin Price Analysis: BTC/USD Could Recover In Short Term

Bitcoin price declined heavily below $6,200 and tested $5,400 against the US Dollar. BTC/USD is currently consolidating above $5,560 and it could correct higher in the short term. Important Points: Bitcoin price corrected above the $5,560 resistance, but struggled to gain traction. BTC/USD is trading below a major bearish trend line with resistance at $5,700 on the 2-hours… Read More »

Ripple Price Analysis: Ripple Reclaims The Number 2 Ranked Position Ahead of Ethereum

Ripple has seen a solid 24 hour trading period as the rest of the market sinks. It has seen an increase in price totaling 3.40% over the last 24 hours as the currency now trades at the $0.4736 handle, at the time of writing. Key Highlights: Ripple has managed to weather the overall cryptocurrency storm. The project has… Read More »

Ripple Price Analysis: Will XRP Eventually Usurp Bitcoin’s Throne?

Yesterday XRP overtook Ethereum and claimed the #2 spot on CoinMarketCap. Is Bitcoin next? Market Overview It’s too early to determine whether the market has ‘recovered’ from yesterday’s unannounced slaughter. Despite this, analysts and savvy traders will be looking to see if any altcoins set a precedent by dislodging from the downturn caused by BCH and BTC. Perhaps… Read More »

Ethereum Price Analysis (ETH/BTC): Ethereum Price Dips and Rips Vs Bitcoin

Ethereum price declined heavily to new lows below 0.0300 BTC and later recovered against bitcoin. ETH/BTC must move above 0.0324BTC to rebound further. Important Points: Ethereum price fell sharply below the 0.0320BTC and 0.0300BTC support levels. ETH/BTC declined below a major triangle support at 0.0322BTC on the 4-hours chart. ETH price traded below the 0.0300BTC support level and… Read More »

Bitcoin Technical Analysis: Bitcoin Cash Civil War Drives BTC to a 1-Year Low

Holy mackerel! Out of the blue, Bitcoin dropped to a new 12-month low with little notice. Anyone hoping for a Santa Claus rally had better drop to their knees and start the Hail Marys. Market Overview Today Bitcoin (BTC) 00 got nuked. In fact, the entire cryptocurrency market took a direct hit from a 50 megaton hydrogen bomb… Read More »

Bitcoin Price Analysis: BTC/USD Must Dump before Bulls Reign in 2019

The Bitcoin FUD It’s a capitulation. It’s the end of Bitcoin. It’s a Bitcoin Sell-off. And it’s true; a typical Bitcoin investor is bleeding right now. But a critical look at price action and historical price movement paints a rosy picture: Prices will most likely recovery and print higher in the next few months. They often do and… Read More »

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, Nov. 14

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. After months of stability, cryptocurrencies are under a renewed bear attack, as… Read More »

Markets See Massive Sell-Off, Bitcoin Dips Below $5,600 for the First Time in 2018

Nov. 14: Crypto markets have suffered sharp losses over the past several hours. The major market drop off took place between 10:30 a.m. (UTC -5) and 12:00 p.m., with some of the top 20 cryptocurrencies dropping by as much as 18 percent at press time, according to data from CoinMarketCap. Market visualization from Coin360 According to data from Bitcointicker, after 11:00… Read More »