Bitcoin Needs to Surpass $16,200 to Confirm the Case for a Further Rally
Bitcoin has begun to thrust higher once again after an extended bout of consolidation under $16,000. The leading cryptocurrency currently trades for $16,150, up 3% in the past 24 hours alone. BTC has begun to outpace altcoins once again, with most digital assets actually recording losses against the U.S. dollar today. At $16,150, Bitcoin is […]
Related News
Ethereum has seen some weak price action as it fails to surpass the resistance zone from $470 to $490. Analysts suggest that the cryptocurrency should reclaim the $470 support to confirm more upside. There are “monstrous sell walls” on Coinbase’s ETH market that could limit upside moving forward. It also appears that there are a large number of traders on Huobi that are expecting Ethereum to move lower moving forward. Ethereum Must Secure $470 to […]
The long-running legal battle between the US Securities and Exchange Commission (SEC) and Ripple finally concluded following Judge Analisa Torres’ judgment on August 7. With the lawsuit out of the way, crypto analyst CrediBULL Crypto predicts that the XRP price could soon surpass its all-time high (ATH). XRP Price Is Set For A “Mega Run” To New ATH CrediBULL Crypto mentioned in an X (formerly Twitter) post that the stage is set for an “inevitable mega run for XRP. The analyst added that XRP hitting a new ATH is a matter of when and not if. XRP’s current ATH stands at $3.84, meaning the....
Ethereum struggled to continue higher and declined below $400 against the US Dollar. ETH price is consolidating losses and it must surpass $395 for a fresh rally. ETH price corrected lower below the $400 and $392 support levels against the US Dollar. The price is trading near the $385 zone and the 100 simple moving […]
The bitcoin price rally reached close to $500 and 3600 CNY today. Advance is strong and has left the indicators tilted, yet technical tools such as support and resistance and moving averages allow traders to determine targets and likely entry and exit levels. That today’s 1-day price candle will confirm the $470 resistance as definitively broken, is not a maybe: it stretches green from $470 to $497 in the Bitstamp chart. OKCoin’s 3-month futures contract reached to $540 earlier today and the CNY charts have thundered past their November 2015 high. The past two days’ advance has been....
Cardano’s price is holding the $0.0950 support level and recovering higher. However, ADA must surpass $0.1020 and $0.1040 to start a fresh rally in the near term. ADA traded as high as $0.1129 before declining below the $0.1050 support against the US dollar. The price is holding the $0.0950 support, but it is well below […]