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Ethereum (ETH) Price Watch: Next Downside Targets

Ethereum Price Key Highlights Ethereum broke below its latest consolidation pattern, indicating that losses are in the cards. Price is still trading inside a descending channel on the daily chart and looks ready for a test of support. But first,…
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Traders Expected Bitcoin to Rise as Stock Market Fell, What Went Wrong?

The sudden plunge in the price of Bitcoin has demonstrated that while it lacks correlation with the broader financial market, it is not inversely correlated with the global market. Bitcoin and major cryptocurrencies are considered as a robust…
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Bitcoin Cash Price Analysis: BCH/USD Nosedived Below $475

Key Points Bitcoin cash price failed to bounce back and broke the $500 support against the US Dollar. There was a break below a declining channel with support at $495 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair…
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Ethereum Price Analysis: ETH/USD Losing Momentum Below $230

Key Highlights ETH price failed to hold gains above $230 and $227, and declined against the US Dollar. Yesterday’s followed important ascending channel was broken with support at $226 on the hourly chart of ETH/USD (data feed via Kraken). The…
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Ethereum Sell-Off in August Shows Crypto Has Hit a Bottom in 2018

According to cryptocurrency analyst Eric Thies, the crypto market may have hit a bottom in September as the price of Ethereum (ETH) declined by more than 50 percent. Since delving below the $180 mark, ETH has since recovered to $230, likely…
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EOS Price Watch: Bulls Setting Their Sights Higher

EOS Price Key Highlights EOS price recently busted through the top of its symmetrical triangle on the 4-hour chart to signal that a climb is taking place. Price is also trading inside a short-term ascending channel and may be aiming for the…
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Maker (MKR) Cryptocurrency Clips $750 as Dai Eyes Augur Integration

Maker (MKR), the central token of the Maker smart contract platform and the Dai stablecoin system, has experienced a phenomenal rally over the past month, bolstered a major partnership and an investment from one of the cryptocurrency industry’s…
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Cardano Price Analysis: ADA/USD Showing Positive Signs Above $0.080

Key Highlights ADA price is trading with a bullish angle above the $0.0800 support against the US Dollar (tethered). There was a break above a major bearish trend line with resistance at $0.0820 on the hourly chart of the ADA/USD pair (data…
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XMR Collapses ahead of Software Update

Besides Tron which is up 13 percent in the last week, most altcoins are in consolidation and in loss making territory. Most notably are deep losses in Stellar Lumens which despite announcement from BitGo continue to register reds. Following…
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Bitcoin Price Weekly Analysis: BTC/USD Buyers Losing Momentum Above $6,600

Key Points Bitcoin price formed a decent support near the $6,400 level against the US Dollar. There was a break above a major bearish trend line with resistance at $6,540 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The…