Bitcoin (BTC) Price Hesitates But Further Gains Seem Likely

Bitcoin price formed a strong support near the $3,940 level and climbed higher against the US Dollar. The price managed to clear the $3,965 and $3,980 resistance levels to move into a positive zone. Yesterday’s highlighted key bearish trend line was breached with resistance at $3,970 on the hourly chart of the BTC/USD pair (data feed from Kraken). The current price action is positive, but buyers need to gain strength above the $4,000 resistance. Bitcoin price started a slow and steady rise against the US Dollar. BTC is showing positive…

Ethereum Price Weekly Analysis: ETH Primed For Further Gains

ETH price broke a major resistance area near $133-134 to climb higher against the US Dollar. The price settled above the key $134 resistance to move into a positive zone. There was a break above a major contracting triangle with resistance at $133 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is currently correcting lower, but it is likely to find a strong buying interest near $134. Ethereum price is trading with a bullish bias versus the US Dollar and Bitcoin. ETH/USD climbed towards $144 and…

Spiking 50% Crypto Gains Will Eventually Fuel Bitcoin Price Surge

Throughout March, a handful of crypto assets and tokens have consistently outperformed Bitcoin, recording gains in the 50 percent to 100 percent range against the U.S. dollar. 1-Month Chart of Enjin Coin (Source: Coinmarketcap.com) Due to the reported partnership between Samsung and Enjin, for instance, Enjin Coin and other cryptocurrencies related to the project such as Kyber Network and Bancor demonstrated a significant increase in value. Bitcoin Price Will Benefit From It According to cryptocurrency trader Josh Rager, based on the historical trend of the cryptocurrency market, the price surge…

Bitcoin Seeking Gains After Retaking Key Price Support

View The immediate outlook on bitcoin will remain neutral while prices are trapped in the range of $3,658-$3,900. A repeated failure to beat the 5-week MA support at $3,703 could invite buying pressures and yield a rally above $4,000, as that average is reporting bullish conditions for the first time since August. A UTC close below $3,658 (Feb. 27 low) would revive the bearish view put forward by the high-volume sell-off on Feb. 24 and open the doors for a drop to levels below $3,400. Bitcoin (BTC) has returned above…

Ripple Price Analysis: XRP’s Rally Runs Into Resistance But More Gains Likely

Ripple price rallied sharply above $0.3200 against the US dollar after the Coinbase listing announcement. The price traded above the $0.3220 and $0.3300 resistance levels before it faced sellers near $0.3400. There is a crucial connecting bearish trend line formed with resistance at $0.3360 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct a few points, but dips remain supported above $0.3200. Ripple price climbed higher sharply against the US Dollar and bitcoin after the positive news of Coinbase listing. XRP/USD tested the…

Crypto Market Eyes Additional Gains: BNB, EOS, Bitcoin Cash, Tron (TRX) Analysis

The total crypto market cap traded towards the $132.5B level and later corrected lower. EOS price traded above the $3.50 resistance and it is currently consolidating gains. Binance Coin (BNB) rallied more than 10% and broke the $10.00 resistance area. Bitcoin cash price is placed nicely above the $140 support, with a bullish bias. Tron (TRX) price failed to stay above the $0.0250 support and later declined. The crypto market started a downside correction, but it remains supported. Dips in bitcoin (BTC), Ethereum (ETH), Binance coin (BNB), BCH, ripple, EOS,…

Cryptocurrency Bull Run | An Improving Economy Encourages Gains

A cryptocurrency bull run has taken hold of the entire crypto market. Digital coins have been rallying back (and then some) in recent days. The gains continue today as, according to CoinMarketCap, all the top 20 coins stay in the green. Cryptocurrency Bull Run At the time of writing, Bitcoin—the largest coin by market cap—is valued at $3,982, up 1.8% on the day. Today’s gains continue a bull run that has seen Bitcoin pack on roughly 9% in the last seven days. Now, BTC looks set to test the new price…

Crypto Market Could Extend Gains: EOS, Bitcoin Cash, Tron (TRX), ADA Price Analysis

The total crypto market cap gained momentum and broke the $118.0B resistance level. EOS price broke the $2.85 resistance and it is currently approaching the $3.00 resistance. Bitcoin cash price is up more than 5% and it could soon test the $130 level. Tron (TRX) price is facing a strong resistance near the $0.0250 and $0.0255 levels. Cardano (ADA) price rallied and broke the $0.0400 and $0.0420 resistance levels. The crypto market gained bullish momentum, with gains in bitcoin (BTC) and Ethereum (ETH). EOS, BCH, ripple, tron, ADA and other…

Bitcoin Price Watch: BTC Set For Further Gains, Downsides Limited

Bitcoin price stayed above the key $3,560 support area, with range moves against the US Dollar. This’s week’s followed bearish trend line is intact with resistance at $3,590 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could gain bullish momentum if there is a proper close above $3,590 and $3,600. Bitcoin price is trading nicely in a bullish zone above $3,560 against the US Dollar. BTC is likely to accelerate gains above $3,600 as long as the price stays above the $3,540 support. Bitcoin…

Ethereum Price Analysis: ETH Primed For Further Gains Above $125

ETH price remained nicely supported on the downside above $120 and $118 against the US Dollar. Yesterday’s highlighted key bullish trend line is intact with support at $120 on the hourly chart of ETH/USD (data feed via Kraken). The pair is following a bullish structure and it could continue to move higher above $125 in the near term. Ethereum price is slowly gaining bullish momentum against the US Dollar and bitcoin. ETH/USD is likely to break the recent high and trade above the $128 and $130 resistance levels. Ethereum Price…