Archive | September 2, 2018

Trader: Bitcoin Break Out Imminent as Weekly Chart Turns Bullish, $8,000 Next?

Over the past 24 hours, many well-recognized traders in the cryptocurrency market have expressed their optimism toward the stabilization of Bitcoin and its positive weekly moving average convergence divergence (MACD). Popular cryptocurrency traders and analysts including Crypto Rand have placed heavy emphasis on the weekly MACD indicator of Bitcoin, which has demonstrated a reverse in… […]

Ripple Price Analysis: XRP/USD Could Retest $0.3200 Support

Key Highlights Ripple price traded above the $0.3500 level and later faced resistance near $0.3530 against the US dollar. There was a break below a key bullish trend line with support at $0.3380 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently under pressure and it could revisit… […]

Bitcoin Has Swung 10% In Seven Days — Is It Really More Stable? – Forbes

ForbesBitcoin Has Swung 10% In Seven Days — Is It Really More Stable?ForbesLater this month the U.S. Security and Exchange Commission (SEC) is due to make a decision on whether to grant approval for a bitcoin exchange-traded fund — something the SEC has previously rejected due to fears around bitcoin’s wild price swings and …and more »

Korea’s 2nd Largest Crypto Exchange Sees $250 Million Of Fake Volume Daily

Over the past week, as the crypto market began its slow move upwards, volume saw a resurgence, with the daily volume posted by exchanges rising from an average of $10 billion to $12 billion. Although some investors saw the rising volume as an evident sign of the return of retail interest, some pundits claimed that… […]

Ethereum Price Analysis: ETH/USD Signaling More Upsides Above $296

Key Highlights ETH price recently traded towards the $303-305 level and later corrected lower against the US Dollar. There is a major bearish trend line formed with resistance near $295 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains nicely supported near the $288 level and the 100 hourly simple moving… […]

Bitcoin On Air: 100 Reasons to Explore the World of Cryptocurrency

In less than a year, eight months to be exact, Matt Aaron and his team have grown the Podcast Network (BPN) by 100 episodes. Covering everything from blockchain innovation and hype to the week’s hottest crypto news, all the while highlighting the ecosystem’s most interesting personalities, now BPN is expanding into Latin America with […]

Bitcoin (BTC) Price Watch: Don’t Miss This Bullish Pullback

Bitcoin Price Key Highlights Bitcoin price is trending higher inside an ascending channel on the 4-hour chart and is testing the top. A pullback to support might be due from here, so as to gather more bullish energy on the climb. The uptrend is likely to resume since the 100 SMA is completing a crossover… […]

Bitcoin Cash Price Analysis: BCH/USD Could Test $600 Before Higher

Key Points Bitcoin cash price is consolidating below the $650 resistance area against the US Dollar. There is a contracting triangle forming with support near $630 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may well break the triangle to test the $600 support before moving higher again. Bitcoin… […]

Bitcoin (BTC) Price Analysis: Bitcoin Bulls Thrash “Short Squeeze” Talk, Now Aims $10,000

Regardless of the sentiment and interpretation of the 10,000 BTC short position of Sep 1, prices seem to be bottoming out. At current prices, BTC is up an impressive nine percent in the last week and two percent in the last 24 hours. We expect coin specific fundamentals to prop prices going forward. As such,… […]