Blockchain

New Pattern Suggests That Bitcoin Could Crumble To the $10,000 Level If Bulls Don’t ”Save the Day”

21 Aug 2020 @ 13:26
Bitcoin (BTC) and the rest of the cryptocurrency market have been swept by intense volatility in today’s session, with the benchmark cryptocurrency plunging below the key $12k support. This drop saw BTC drop as far as $11,600 before bulls stepped in to prevent further declines. Many analysts believe that this sharp decline has disrupted Bitcoin’s […]
 

Ethereum Price Analysis: ETH Faces Rejection, May Revisit $400 Support Level

21 Aug 2020 @ 13:16
Key Highlights Ethereum faces rejection at $440, may continue selling presure Ethereum has the chance of reaching its target price of $480 Ethereum ( ETH) Current Statistics The current price: $412.58 Market Capitalization: $46,308,157,897 Trading Volume: $12,328,754,634 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis August 19, […]
 

Bitcoin price analysis: BTC has a knack for disappointing unrealistic investors

20 Jul 2020 @ 11:02
Bitcoin (COIN:BTCUSD) went seriously downwards in March 2020 when it moved briefly below the $400 level. Since then, price went upwards gradually until May 20; and it has consolidated till now. ADX period 14 is almost above the level 40, showing a considerable amount of momentum in the market. DM+ is also above DM-, which […]
 

Bitcoin Witnesses Mild Selloff Following a Decade-Old Address’ Transaction

22 May 2020 @ 14:16
The cryptocurrency community was thrown into a frenzy yesterday after an unusual 50 BTC transaction was carried out by a Satoshi-era wallet which was assumed to be dormant for over a decade. Initially, many believed that this transaction was from the elusive Satoshi Nakamoto, however, subsequent data proved otherwise. The data suggests that it was […]
 

Bitcoin Cash (BCH) Is Consolidating, but Faces Rejection at $250 Resistance

22 May 2020 @ 13:57
Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish Today, Bitcoin Cash is consolidating above $230 but characterized by small body candlesticks. On May 8, the bulls attempted to retest the $280 resistance but were resisted. BCH dropped to $230 low and resumed consolidation. Further upward move has […]
 

Ethereum (ETH) Loses $200 Critical Support, May Encounter another Selling Pressure

16 May 2020 @ 14:35
 Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bearish Ethereum has been trading above $200 after a rebound on May 7. However, the king altcoin suffered another setback after a breakdown yesterday. The coin dropped to $180 low but price corrected upward above $185. On the downside, ETH is likely […]
 

Bitcoin (BTC) Rallies to $10,000, Attempts to Breach the Resistance at $10,000

08 May 2020 @ 23:57
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin has finally broken the $9,200 and $9,400 resistances as the market approaches the $10,000 resistance. Yesterday, price was hovering between $9,000 and $9,300 before penetrating the resistance zone. From the daily chart, Bitcoin has reclaimed the $9,500 […]
 

Blockchain Projects List 2020

05 May 2020 @ 20:42
Digital Assets Regulatory Framework Report; As digital assets built on blockchain revolutionize the world of Fintech, whether in payments, fundraising, and asset ownership and trading, regulators globally and in the MENA region have had to review their own legal structures and determine an approach towards digital assets and the regulation of these assets. As a […]
 

Bitcoin (BTC) Stable Above $7,500, Sellers May Likely Emerge

29 Apr 2020 @ 01:25
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin is still consolidating above $7,500 since March 23. The price action is characterized by small body indecisive candlesticks. The candlestick indicates that buyers and sellers are undecided about the next move of the coin. On the upside, if […]
 

Ripple (XRP) Slumps Above $0.18, Fails to Rally Above $0.20 Resistance

24 Apr 2020 @ 10:35
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Ripple has continued to sink after failing to hold above $0.18. Its initial battle was at $0.20500 resistance. After two unsuccessful attempts to break it, it was repelled to $0.18 low. The bulls regrouped and moved up but were stopped […]
 
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