Bitcoin rebounds to $18K after crucial support level holds — What's next?
Bitcoin price has impressively held the $17,200 support level putting its all-time high once again within reach. Bitcoin (BTC) has seen a tremendous run, particularly since September, with BTC price surging from $10,500 to $18,400 — a rally of 75% in less than three months. What's more, since March, BTC/USD has gained almost 400%, making it the best-performing asset of 2020 and likely catching many investors completely by surprise.Let's take a look at the charts to see whether the current rally is sustainable and if a reversal should be expected in the near term. Bitcoin hits 1.618....
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Bitcoin saw a sharp overnight decline that came about following a period of immense strength This sent the token reeling down to the $18,000 level, which has long been strong support for the cryptocurrency Where it trends next will depend largely on whether or not it can continue holding above the support it has found at this key price level One trader is pointing to just how aggressively this dip was bought, which indicates that […]
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XRP price must break a key resistance level before $1.00 becomes a real possibility. While Bitcoin (BTC) is facing a potential new all-time high, other coins are showing strength as well. One of those coins is XRP, which has been going vertical in the previous weeks. XRP’s price surged from $0.22 to a high of $0.78 during the month of November, which immediately ended up in a massive correction towards $0.45.Let's take a look at the XRP price charts to determine whether this was an entry opportunity before the next leg up.The crucial zone around $0.45 holds as supportXRP/USDT 1-day chart.....