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Ethereum Price Analysis: ETH Consolidates While Trading Volume Drops

ETH price is still trading below the $108 and $110 resistance levels against the US Dollar. There is a new connecting bearish trend line formed with resistance near $107 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains…
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Ripple Price Analysis: XRP In Trouble, Bears Eye Further Declines

Ripple price failed to break the $0.3075 and $0.3100 resistance levels against the US dollar. There was a break below a major bullish trend line with support at $0.3050 on the hourly chart of the XRP/USD pair (data source from Kraken). The…
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Bitcoin Price Weekly Analysis: BTC Rebound Approaching Crucial Resistance

Bitcoin price formed a support base near $3,370 and recovered higher above $3,450 against the US Dollar. There was a break above a major contracting triangle with resistance at $3,440 on the 4-hours chart of the BTC/USD pair (data feed from…
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Ethereum Price Weekly Analysis: ETH Facing Uphill Task Near $114

ETH price recovered a few points, but it is facing a lot of hurdles near $114 against the US Dollar. There was a break above a major bearish trend line with resistance at $107 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair…
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Fed Chair Concerned About $22 Trillion US Debt, is Bitcoin a Viable Alternative?

The US national debt now stands at $21.974 trillion, a 10% increase since President Donald Trump took over the oval office. And Bitcoin may be the needle people need to pop the debt bubble. Fed Chair Jerome Powell, talking about the $22 trillion…
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Regulation D means BTC Withdrawals are Cheaper

Bitcoin price drop, yet to clear above Jan 30 highs Regulation D means Bitcoin transactions are 3,233 percent cheaper than bank withdrawals Transaction volumes low to warrant longs Even with waving prices, we are optimistic of a recovery. From…
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Bitcoin Price Watch: BTC Rally Remains Attractive To Sellers

Bitcoin price traded to a new monthly low towards $3,340 and later recovered against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $3,450 on the hourly chart of the BTC/USD pair (data feed from…
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Ethereum Price Analysis: ETH Breaks Down, Turned Sell on Rallies

ETH price traded below the $114 and $112 supports levels to move into a bearish zone against the US Dollar. There is a major bearish trend line formed with resistance at $112 on the hourly chart of ETH/USD (data feed via Kraken). The pair may…
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What Makes Bitcoin ETF Delay a Good News for Crypto Industry

Bitcoin fell by more than 80% in the past twelve months. The overly impressive bull run of 2017, which led the digital currency value to the peak of $20,000, followed a whole bearish year whereby the price crashed to lows near $3,000. Lack…
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Ethereum Price Weekly Analysis: ETH’s Next Crucial Break Is Near

ETH price remained below the $120 and $125 resistance levels against the US Dollar. There is a crucial bearish trend line formed with resistance at $116 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair needs to surpass the $116,…