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Bitcoin Cash Price Weekly Analysis: BCH/USD Could Extend Gains Above $500

Key Points Bitcoin cash price rallied recently and broke the $450 and $460 resistances against the US Dollar. There was a break above a major bearish trend line with resistance at $430 on the 4-hours chart of the BCH/USD pair (data feed from…
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ADA/USD Leads the Revival as LTC/USD Reverse Oct 29 Losses

After days of lower lows and horizontal consolidation, altcoins are ending the week on a high. ADA/USD is up three percent in the day and could breach key price levels over the weekend. At the same time, LTC/USD bulls did manage to reverse…
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Crypto Remains in Recession with Only 25% of Bitcoin Moved in 2018

TwitterFacebookLinkedIn Throughout this year, during a 69 percent correction, only 25 percent of Bitcoin were moved between addresses, suggesting that 75 percent of Bitcoin had not changed hands. That is nearly a 58 percent decline in Bitcoin…
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Ethereum Price Analysis: ETH/USD Turned Bullish Above 100 SMA

Key Highlights ETH price traded further higher and broke the $198 resistance against the US Dollar. This week’s followed important bearish trend line was breached with resistance at $197 on the hourly chart of ETH/USD (data feed via Kraken). The…
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Bitcoin is a New Institutional Investment Class

TwitterFacebookLinkedIn There is a rapidly growing interest in bitcoin and other cryptocurrencies among institutional investors while there seems to be lethargy in the number of retail buyers operating within the space. As such, bitcoin and…
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Coinbase Token Attracts Capital But PAX Leads Trading

TwitterFacebook It’s now been nearly two months since Winklevoss-led cryptocurrency exchange Gemini fired the first shot in the stablecoin wars through the launch of its USD-pegged crypto token, the eponymous Gemini Dollar. That same day,…
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Ethereum Price Analysis: ETH/USD Rans Into Resistance and 100 SMA

Key Highlights ETH price recovered nicely and tested an important resistance near the $198.50 level against the US Dollar. Yesterday’s highlighted major bearish trend line is intact with resistance at $197 on the hourly chart of ETH/USD (data…
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XRP Makes a 23% Monthly Decline, Among the Biggest in October

TwitterFacebook Ripple’s XRP was among the best performing cryptocurrencies in September. But the bullish sentiment hasn’t sustained well this month. The XRP-to-USD pair has recorded a 24 percent monthly loss as October heads to a close,…
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Volumes Dry Up as Monthly Losses Rise to 23 Percent

Even as traders and investors maintain a bullish outlook, XRP/USD monthly losses are high. Because of Oct 29 losses, we shall revert back to neutral, holding off trading now that our stops at 45 cents were hit on Monday. Encouragingly, the…
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Bitcoin Price Intraday Analysis: BTC/USD Expecting More Losses

Bitcoin on Tuesday remained calmer compared to the action noted at the beginning of this week. The bitcoin-to-dollar exchange rate moved sideways above its newfound support at 6212-fiat as volume dipped once again. The pair is now more than…