Bitcoin Price Rebounds: 280 at Last?
In this morning's twice-daily bitcoin price watch piece, we published our thoughts on how the situation in Greece is affecting the bitcoin price, and suggested the levels that we would be keeping an eye on as we headed into today's European session. The premise was that action seen overnight yesterday may well just have been a temporary correction, and that if we could break above the level we had slated as in term resistance, we may well see further bullish momentum throughout the latter half of this week. As it happens, this scenario has played out, and we are now looking firmly to the....
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Ethereum price has reached psychological resistance. If it breaks through that line, the next stop is likely to occur at the $20 point. Another increase in volatility can provoke the launch of a new Blockchain consortium, which Microsoft will join. ETH/USD. The growth scenario continues. The hidden reversal structure is still intact. The price has failed to form a reversal at the key level of $12.7; it has led to a new upward impulse. When a hidden reversal takes place, the majority of traders usually open their deals at the nearest key lines. The rebounds, in that case, tend to be....
Ripple has been listed alongside major firms as those who donated to a White House project. This comes as XRP rebounds, recording significant gains today. Ripple Among Big Tech Firms That Donate To White House Project XRP influencer Pumpius shared in an X post the private donor list of U.S. President Donald Trump’s new White […]
Over the weekend, the Bitcoin price and the crypto market witnessed significant pressure amid escalating tensions between the United States and Iran. After reports of Israeli strikes on Iran, the premier cryptocurrency dropped below $64,000 while dragging the rest of the market along with it. While the price of BTC seems to have recovered from […]
Ethereum’s price has stopped before choosing a direction. What is to be expected? Which direction will Ethereum pick? After bouncing off the $11.4 resistance, Ethereum’s price failed to hold at that level. The buyers were more numerous. The $11.4 level is important because it’s the most profitable price for the Bulls. If one compares the rebounds of the upward trend, that becomes easy to notice. Most traders make their decisions at points exactly like that.