Tag: Market

Bitcoin And Crypto Market Approaching Next Break: BCH, XLM, EOS, TRX Analysis

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The total crypto market cap is currently trading in a range below the $290.0B resistance. Bitcoin price is also consolidating above the $10,500 support and is preparing for the next move. BCH price broke the $320 resistance, but it is struggling to gain momentum. EOS price is up around 2% and it recently traded above the $4.100 and $4.200 resistances Stellar (XLM) price is slowly moving higher towards the $0.0950 and $0.1000 resistance levels. Tron (TRX) price is likely to continue higher and it might soon break the $0.0300 resistance…

Bitcoin Breaks $12,500 as US Stock Market Sees Minor Downturn

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Tuesday, July 9 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) broke the $12,500 mark again. Market visualization courtesy of Coin360 Bitcoin is currently up by nearly 6% on the day, trading around $12,545 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about 15.64%. Bitcoin 7-day price chart. Source: Coin360 A Twitter account of a Bitcoin enthusiast pointed out earlier today that, on major cryptocurrency exchange Binance, a user sold about 7,350 BTC,…

Crypto Market and Bitcoin Could Continue Higher: BCH, EOS, TRX, ADA Analysis

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The total crypto market cap started a decent recovery and broke the key $260.0B resistance. Bitcoin price rallied around 10% and broke the $10,000 and $10,500 resistance levels. EOS price recovered steadily and even broke the $4.00 resistance area. BCH price is up more than 5% and it recently cleared the $300 resistance. Tron (TRX) price gained around 8% and surpassed the $0.0250 resistance level. Cardano (ADA) price is still struggling below the $0.0600 level. Bitcoin price jumped more than $1,000 and the crypto market cap is up more than…

Bitcoin & Crypto Market Near Key Juncture: LTC, BNB, BCH, TRX Analysis

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The total crypto market cap declined towards the $235.0B level and recently corrected higher. Bitcoin price is also correcting higher, but it is facing hurdles near $9,800 and $10,000. Binance coin (BNB) price recovered more than 10% and broke the $27.00 resistance area. Litecoin (LTC) price rallied recently above the $80.00 and $85.00 resistance levels. BCH price is slowly approaching towards the key $300 resistance area. Tron (TRX) price is up around 10% and it is currently trading above the $0.0220 level. The crypto market cap and bitcoin (BTC) are…

Bitcoin, Crypto Market Could Bleed Further: BCH, BNB, LTC, TRX Analysis

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The total crypto market cap declined heavily and even broke the $250.0B support area. Bitcoin price settled below the $10,000 support level and spiked towards $9,200. Binance coin (BNB) price dived more than 10% and even broke the $25.00 support level. Litecoin (LTC) price broke the key $90.00 and $85.00 support levels to enter a bearish zone. BCH price failed to stay above the $300 level and recently declined below $285. Tron (TRX) price is down more than 15% and it is approaching the key $0.0200 support area. The crypto…

Crypto Market And Bitcoin Facing Many Hurdles: BCH, BNB, EOS, TRX Analysis

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The total crypto market cap recovered after it dived towards the $250.0B support area. Bitcoin price also corrected higher above the $10,500 and $10,800 resistance levels. EOS price is currently consolidating above the $4.100 support area. Binance Coin (BNB) settled below the $30.00 level and it is currently trading near $28.00. BCH price is up more than 10% and it broke the $280 and $300 resistance levels. Tron (TRX) price is slowly recovering and it recently broke the $0.0250 resistance area. Bitcoin and the crypto market cap started a decent…

Crypto Market and Bitcoin Signaling More Downsides: BCH, EOS, TRX, ADA Analysis

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The total crypto market cap is down more than $50.0B and it recently tested the $255.0B support. Bitcoin price is down more than 10% and even spiked below the $10,000 support level. EOS price broke the $4.50 support level and traded towards the $4.20 support zone. BCH price is down around 20% and it even traded below the $300 support level. Tron (TRX) price jumped around 10% and is currently trading above $0.0350. Cardano (ADA) price broke the key $0.0700 and $0.0600 support levels. Bitcoin price declined heavily below $10,500…

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

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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…

Facebook’s Libra Could Face Difficulties Entering Thai Market

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Facebook’s long-awaited stablecoin Libra could face a difficult roll out in Thailand due to the coin’s uncertain legal status in the country, an expert told the Bangkok Post on July 9. Fiscal Policy Office legal officer Sumaporn Manason argued that Libra will likely run up against difficulties entering Thailand as the cryptocurrency does not fall under any of local financial legislation. Sumaporn stated: “The cryptocurrency does not fit under the Bank of Thailand’s Currency Act because it does not have the characteristics of legal tender as stipulated by law. These…

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

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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…