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Author: NewsBTC

Ethereum Price Weekly Analysis – ETH/USD’s Recoveries Remain Capped

Key Highlights ETH price recovered after a nasty downside move toward the $475 level against the US Dollar. A major bullish trend line with support at $600 is acting as a key buy zone on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might fail to move above $715 in the near … Continue reading Ethereum Price Weekly Analysis – ETH/USD’s Recoveries Remain Capped

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Cryptocurrency Continues To Spread Its Wings With Bitcoin Lottery

Chances are, you would have heard a fair bit about Bitcoin in the mainstream news recently. This is probably due to the fact that as of right now, one Bitcoin equals over $15,500 and that figure reached an all-time high of $19,783 on December 10, 2017. The cryptocurrency has been around since 2009 and to … Continue reading Cryptocurrency Continues To Spread Its Wings With Bitcoin Lottery

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ALT COINS MINI FLASH CRASH AS LTC PRICES TEST $144

Most alt coins including LTC prices crashed momentarily on December 22. It was even clearer in DASH and IOTA while NEM seem to have handled it. Contrary to what we expected, this was happening within a steep buy trend but with IOTA, we need a strong confirmation of bull pressure to be confirmed. It is … Continue reading ALT COINS MINI FLASH CRASH AS LTC PRICES TEST $144

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Why Recent Bitcoin Price Drop Was Long Overdue, and How it Will Recover

Over the past 24 hours, the bitcoin price has dropped from $15,900 to $13,000, recording a 19 percent decline in value. Major Market Correction The price of bitcoin fell sharply as the entire cryptocurrency market experienced a major correction. The combined market valuation of cryptocurrencies fell from $600 billion to $489 billion within a single … Continue reading Why Recent Bitcoin Price Drop Was Long Overdue, and How it Will Recover

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DASH and Litecoin Analysis December 23, 2017

DASH/USD DASH lost 30% in the early part of the session on Friday, breaking below the $1000 level again. There is a significant amount of support just below at the $900 level and again at the $800 level. If we sliced through those areas, the game is probably over. The $600 level will be targeted … Continue reading DASH and Litecoin Analysis December 23, 2017

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Ethereum Analysis December 23, 2017

ETH/USD Ethereum has collapsed during the trading session on Friday, losing 25% as I record this video. The market has tested the $600 level, and if we break down below there, it’s very easy for this market to drop down to the $500 level, probably within a few hours. The markets need to find some … Continue reading Ethereum Analysis December 23, 2017

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Bitcoin Analysis December 23, 2017

BTC/USD Bitcoin has collapsed again during the trading session on Friday, already hitting the target that I had spoken about yesterday. We are now below that level, and it looks as if the 13,000 level may give way as well. If it does, the next target is probably $12,000, followed by $10,000. Although it has … Continue reading Bitcoin Analysis December 23, 2017

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Only 3 Winners in Altcoin Big Selloff

Going to the moon is a wonderful thing for cryptocurrencies but what goes up must come down, at least temporarily. Markets correct and trends reverse, this is a natural element to all traded entities, whether they are stocks and commodities, or currencies and digital assets. The hysteria and panic have already started on crypto social … Continue reading Only 3 Winners in Altcoin Big Selloff

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Bitcoin Gold Price Technical Analysis – BTG/USD Tumbles Below $320

Key Points Bitcoin gold price after trading a few points above the $400 level found sellers against the US Dollar. There was a break below a key bullish trend line with support at $328 on the hourly chart of BTG/USD (data feed from Bitfinex). The pair traded as low as $244 and is currently correcting … Continue reading Bitcoin Gold Price Technical Analysis – BTG/USD Tumbles Below $320

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Ripple Price Technical Analysis – XRP/USD Upside Surge and Correction

Key Highlights Ripple price surged above the $1.00 level and traded as high as $1.24 against the US Dollar. There are two bullish trend lines forming with support at $0.9500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting sharply lower and may soon test the $0.9500 … Continue reading Ripple Price Technical Analysis – XRP/USD Upside Surge and Correction

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NEM IS FLAT WHILE DASH AND MONERO TRACKS GRANDPA BITCOIN

At least NEM is flat. We cannot say the same with LTC, DASH, Monero and to some extent IOTA. Buyers are waiting for a sign and some are backing off, will you? It depends on your tolerance level. Check out what I think:   NEM IS FLAT If you were waiting for me to say … Continue reading NEM IS FLAT WHILE DASH AND MONERO TRACKS GRANDPA BITCOIN

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