Bitcoin And Crypto Market Remains Vulnerable: BCH, XLM, EOS, TRX Analysis

The total crypto market cap declined heavily and tested the $285.0B support area. Bitcoin price is under a lot of pressure and it recently tested the $11,000 support area. BCH price is down 5% today and it settled below the $350 support area. EOS price is currently correcting higher, but it may face hurdles near the $4.80 level. Stellar (XLM) price tumbled below the $0.0900 level and even tested the $0.0850 support. Tron (TRX) price extended losses by more than 8% and broke the $0.0300 support area. The crypto market…

Crypto Market Cap & Bitcoin Down 10%: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap failed to continue above $350.0B and declined sharply. Bitcoin price failed to accelerate above $13,000 and declined nearly 10%. Litecoin (LTC) price is down more than 11% and it broke the $110 support area. BCH price declined heavily and broke the $400 and $390 support levels. Tron (TRX) price broke the $0.0320 support and traded close to the $0.0315 support. Cardano (ADA) price is down around 8% and it could soon test $0.0700. The crypto market cap is down more than $30.0B, with strong bearish…

Bitcoin, Crypto Market Climbing Higher: BCH, BNB, LTC, TRX Analysis

The total crypto market cap followed a bullish path and settled above the $330.0B resistance. Bitcoin price remained in an uptrend and it recently broke the key $13,000 resistance area. Binance coin (BNB) price struggled to stay above $33.00 and recently declined to $32.00. Litecoin (LTC) price is still trading below the key $122 and $124 resistance levels. BCH price failed to gain strength above $425 and recently corrected towards $415. Tron (TRX) price is moving higher once again and it could revisit $0.0350. The crypto market cap and bitcoin…

Crypto Market And Bitcoin Starts Fresh Rally: BCH, BNB, EOS, TRX Analysis

The total crypto market cap jumped sharply and broke the key $325.0B resistance area. Bitcoin price is up more than 10% and it recently broke the $12,500 resistance level. EOS price is showing positive signs and it recently broke the $6.00 resistance area. Binance Coin (BNB) broke the $33.00 resistance and it is currently consolidating in a range. BCH price is up more than 4% and it broke the $420 and $425 resistance levels. Tron (TRX) price is currently correcting yesterday’s gains, but remains supported near $0.0330 Bitcoin and the…

Crypto Market and Bitcoin Facing Hurdles: Bitcoin, BCH, EOS, TRX, ADA Analysis

The total crypto market cap recovered recently, but struggled to break the $320.0B resistance. Bitcoin price seems to be struggling to gain momentum above the $11,500 resistance. EOS price is slowly recovering and it could attempt to clear the $6.000 resistance. BCH price climbed back above the $400 resistance area, with a few positive signs. Tron (TRX) price jumped around 10% and is currently trading above $0.0350. Cardano (ADA) price managed to recover above the $0.0800 resistance area and is up around 4%. Bitcoin price is facing resistance near $11,500…

Stablecoin Market is Showing Signs of Solid Growth

The cryptocurrency market has possibly been one of the most innovative things to have emerged over the past decade or so, and during the course of that period, it has taken the world by storm. However, as everyone knows, ecosystems evolve, and that is what has been happening with regards to the cryptocurrency ecosystem as well. Eventually, the establishment of exchanges allowed millions of people to buy and sell cryptocurrencies with a few clicks. It was the brainchild of crypto exchanges to introduce a new digital asset class, which was…

Crypto Market And Bitcoin Starts Fresh Decline: BCH, BNB, EOS, TRX Analysis

The total crypto market cap failed to climb above $325.0B resistance and declined recently. Bitcoin price was rejected near the $12,000 resistance and it recently declined below $11,400. EOS price is currently below $5.850 and it is facing a lot of selling interest. Binance Coin (BNB) is currently flat and is trading nicely above the $32.50 support area. BCH price is down around 4% and it is currently trading near the key $400 support area. Tron (TRX) price failed to hold the $0.0320 support and it remains at a risk…

Bitcoin Traps Gold’s Market Share as Sovereign Bonds Become Unattractive

Bitcoin’s revival is considered to be Facebook’s Libra doing. The social media’s giant sudden foray into the cryptocurrency industry gave bitcoin, as many believe, a perfect reason to grow its valuation. That is until one considers a simultaneous price rally that took place in the gold market. Bitcoin’s rise above the $13,000 level has only one potential link to the yellow metal’s ascent above $1,400 an ounce: a weaker US dollar sentiment. Bitcoin has Recovered by More than 275% Since Its Bounce Back from the $3,120 Level | Image Credits:…

Bitcoin, Crypto Market Signaling More Upsides: BCH, BNB, LTC, TRX Analysis

The total crypto market cap climbed further higher and broke the $310.0B resistance area. Bitcoin price extended its upward move and climbed towards the key $12,000 resistance. Binance coin (BNB) price is currently trading with a positive bias above the $32.50 support. Litecoin (LTC) price is struggling to move above the $122 and $124 resistance levels. BCH price tested the $415 resistance and it may rise towards the $425 resistance area. Tron (TRX) price is currently consolidating losses above the $0.0320 support area. The crypto market cap and bitcoin (BTC)…

Crypto Market Up $20 Billion Post Bitcoin Rally: BCH, LTC, EOS, ADA Analysis

The total crypto market cap found support near the $270.0B level and recently recovered. Bitcoin price rallied more than 8% and recovered above the $11,000 resistance area. Litecoin (LTC) price is currently above $120, but facing resistances near $122 and $124. BCH price is stable above the $400 level and it is slowly moving towards the $420 resistance. EOS price is likely to trade above the key $6.000 resistance area in the near term. Cardano (ADA) price is currently consolidating above the $0.0820 support area. The crypto market cap recovered…