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Ethereum Price Analysis: Can ETH/USD Hold 100 SMA?

Key Highlights ETH price started a major downside correction below the $500 level against the US Dollar. This week’s highlighted key bullish trend line was breached with support at $485 on the hourly chart of ETH/USD (data feed via Kraken). The…
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Bitcoin Trading Volume Is Up 100% From Its Recent Low

With yesterday’s dramatic $600 bitcoin rally came a sharp rise in trading volume, more specifically a 100 percent increase from its 7-month volume low set just four days ago. As of Monday, bitcoin’s 24-hour trading volume had fallen to…
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Ripple Price Analysis: XRP/USD Accelerating Above $0.5200

Key Highlights Ripple price rocketed higher and broke the $0.5000 and $0.5200 resistance levels against the US dollar. There is a major bullish trend line in place with support at $0.4920 on the hourly chart of the XRP/USD pair (data source…
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Ripple Price Analysis: XRP/USD Primed for More Gains

Key Highlights Ripple price is surging higher and it recently broke the $0.4500 resistance against the US dollar. There is a key connecting bullish trend line formed with support at $0.4750 on the hourly chart of the XRP/USD pair (data source…
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Australian Bank Bans Use of Home Equity Loans for Crypto Trading

The Australian Bank of Queensland has banned property buyers from using home equity to buy cryptocurrencies, the Financial Review reported July 12. The Bank of Queensland is reportedly the latest institution to bar credit lines from loans…
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Bitcoin Cash Price Analysis: BCH/USD Consolidating Above $680

Key Points Bitcoin cash price remained in a range and consolidated above the $680 support against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with current resistance near $720 on the hourly chart of the BCH/USD…
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Ethereum Price Analysis: ETH/USD Remains at Risk

Key Highlights ETH price declined heavily and traded close to the $425 support area against the US Dollar. There is a crucial bearish trend line in place with resistance at $448 on the hourly chart of ETH/USD (data feed via Kraken). The pair…
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Ripple Price Analysis: Can XRP/USD Hold $0.4600?

Key Highlights Ripple price extended its decline and broke the $0.4700 support area against the US dollar. Yesterday’s highlighted major bullish trend line was breached with support at $0.4690 on the hourly chart of the XRP/USD pair (data…
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Ripple Price Analysis: Can XRP/USD Bounce Back?

Key Highlights Ripple price declined a few points recently after trading as high as $0.4877 against the US dollar. There is a key bullish trend line forming with support at $0.4680 on the hourly chart of the XRP/USD pair (data source from Kraken). The…
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Bitcoin Cash Price Analysis: BCH/USD Remains Supported

Key Points Bitcoin cash price retested the $740 support zone and is currently holding gains against the US Dollar. There is a new connecting bullish trend line formed with support at $742 on the hourly chart of the BCH/USD pair (data feed from…