Tag: Analysis

Crypto Market Testing Crucial Support: Bitcoin Cash, Litecoin, EOS, XLM Analysis

TradingBTC

The total crypto market cap declined sharply and tested an important support near $210.0B. Bitcoin price is showing signs of a decent recovery above the $7,200 support level. Litecoin (LTC) price failed to stay above the $100 level and recently declined below $90. Bitcoin cash price is down more than $90 from the recent high and broke the $380 support. EOS price is once again below the key $6.20 and $6.00 support levels. Stellar (XLM) price is gaining traction and it is up more than 7% to $0.1310. The crypto…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 17

TradingBTC

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bitcoin witnessed a flash crash on Bitstamp exchange when it plunged to a low of $6,178. The fall was triggered by a sell order of about 5,000 bitcoins at $6,200. Some people speculate that the order might have been mistyped $6,200 instead of $8,200.…

Crypto Market Trims $30 Billion: Bitcoin Cash, BNB, EOS, TRX Price Analysis

TradingBTC

The total crypto market cap corrected lower sharply from the $250.0B resistance area. Bitcoin price is down more than 10% and it recently broke the $7,500 support. EOS price declined heavily below the $6.40 and $6.20 support levels. Binance Coin (BNB) is down around 10% and it is currently trading near the $24.20 support. Bitcoin cash price fell more than 12% and it broke the $400 and $385 support levels. Tron (TRX) price nosedived more than 18% and broke the $0.0300 and $0.0280 supports. The crypto market cap corrected lower…

Crypto Market Rally As Altcoins Join Party: Bitcoin Cash, XLM, EOS, TRX Analysis

TradingBTC

The total crypto market cap surged further and tested the key $250.0B resistance level. Bitcoin price is currently consolidating above the $8,000 and $8,100 support levels. Bitcoin cash price surged above the $400 and $425 resistance levels. EOS price is up more than 10% and it recently cleared the key $6.50 barrier. Stellar (XLM) price rallied more than 25% and broke many hurdles near $0.1300 and $0.1400. Tron (TRX) also joined the party and broke the key $0.0250 and $0.0300 resistance levels. The crypto market cap surged above $250.0B, with…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 15

TradingBTC

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. As the Bitcoin rally picked up momentum, the volume also spiked higher. Bitcoin futures on CME made a new record as the number of traded contracts reached 33,700 on May 13, which was way higher than the previous record of 22,500 contracts that exchanged…

Crypto Market Aims $250 Billion Cap: Bitcoin Cash, Litecoin, EOS, XLM Analysis

TradingBTC

The total crypto market cap is climbing higher steadily and recently tested the $237.0B level. Bitcoin price is placed nicely above the $8,000 level and it remains supported near $7,800. Litecoin (LTC) price is moving higher towards the $95.00 and $100.00 resistance levels. Bitcoin cash price is currently correcting lower, but it remains supported near $385 and $380. EOS price is now well above the $6.00 level and it seems like the bulls could clear $6.20. Stellar (XLM) price is up more than 10% and it recently cleared the $0.1150…

Crypto Market Rallies $25 Billion, Bitcoin Up 12%: BCH, LTC, EOS, ADA Analysis

TradingBTC

The total crypto market cap surged higher and broke the $215.0B and $220.0B resistances. Bitcoin price rallied more than 12% and it recently broke the $8,000 resistance. Litecoin (LTC) price is trading nicely above $90.00 and it could test $95.00 or even $100.00. Bitcoin cash price is likely to break the main $400 resistance level in the near term. EOS price broke the $5.60 and $5.70 resistance levels, and tested $5.95. Cardano (ADA) price is gaining momentum and it could soon break the $0.0800 resistance The crypto market cap surged…

Bitcoin Price Analysis: Where Is the Local Top for This Parabolic Run?

TradingBTC

Summary: The bitcoin market has gone parabolic as we blasted off through two major weekly levels. The resistance got crushed due to a high amount of short positions that were force liquidated in an event known as a “short squeeze.” We are currently testing the $8,000 level but a major weekly resistance level looms directly overhead in the $8,150 area. The price structure is looking fairly climactic and we might see a strong round of selling hit the market that could potentially pull us down to retest the mid-$6,000s. If…

Crypto Market Consolidating Gains: Bitcoin Cash, BNB, EOS, TRX Price Analysis

TradingBTC

The total crypto market cap rallied above the $200.0B and $210.0B levels before correcting lower. Bitcoin price tested the $7,500 resistance level and recently corrected towards $7,000. EOS price tested the $5.50 resistance level and it is currently well above the $5.20 support. Binance Coin (BNB) recovered nicely and it is now trading above the $21.20 resistance level. Bitcoin cash price is currently holding gains above the $285 and $290 support levels. Tron (TRX) price is back above the $0.0240, but it must clear the $0.0250 resistance level. The crypto…

Crypto Market Hits $200 Billion, Bitcoin Rallies To $7K: BCH, LTC, EOS, ADA Analysis

TradingBTC

The total crypto market cap surged higher and tested the $200B resistance level. Bitcoin price gained traction above $6,500 and traded close to the $7,000 level. Litecoin (LTC) price is up 15% and it recently broke the $85.00 resistance Bitcoin cash price gained more than 12% and surged above the $300 and $310 levels. EOS price is also up more than 10% and recently cleared the $5.20 resistance area. Cardano (ADA) price rallied 12% and it recently broke the $0.0700 resistance level. The crypto market cap rallied to the $200…