Bitcoin (BTC) Diving, Can Bulls Protect $8.2K Support?

Bitcoin price is extending losses and it recently broke $8,375 support against the US Dollar. The price is currently correcting, but upsides are likely to be capped by $8,500. Morning’s key bearish trend line is active with resistance near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). Ethereum is still holding the $180 support area and ripple is trading in a range above $0.2520. Bitcoin price is showing signs of more losses below $8,500 against the US Dollar. BTC could drop towards $8,200 before a…

Bitcoin (BTC) Relatively Muted; Support Estimated Near $8.2K

Bitcoin price is trading below a few important resistances near $8,700 against the US Dollar. The price is somehow holding the $8,420 and $8,375 support levels. There is a major bearish trend line forming with resistance near $8,525 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently correcting higher, but sellers are likely to protect $8,575 or $8,660. Bitcoin price is consolidating below key resistances against the US Dollar. BTC could decline further, but the $8,200 support might protect sharp losses. Bitcoin Price…

Ethereum (ETH) Price Weekly Forecast: Crucial Support At Risk

ETH price is facing a strong resistance near the $184 and $185 levels against the US Dollar. The price is trading above the key $178 support, which remains at a risk. There is a crucial bearish trend line forming with resistance near $186 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is currently declining and it might struggle to clear the $178 and $176 support levels. Ethereum price is showing bearish signs below $185 against the US Dollar, similar to bitcoin. ETH price remains at a…

Bitcoin Hovers Near Price Support as Long-Term Bear Cross Looms

View BTC is on the defensive and may face selling pressure in the run up to the bearish crossover of the 100- and 200-day averages. Prices will likely breach the 50-day average support near $8,550 and extend losses toward $8,000 in the short term. Confirmation of the bear cross may mark an interim bottom in BTC, according to historical data. A high-volume move above a three-month descending trendline, currently at $9,200, is needed to revive the bullish view. Bitcoin risks falling below key support near $8,550, with a widely followed bitcoin…

HTC Will Support Binance Chain With Special Edition Smartphone

Smartphone developer HTC plans to provide support for Binance Chain with a new special edition version of its blockchain mobile. The company announced Tuesday that it would release an EXODUS 1 smartphone that integrates with crypto exchange Binance’s namesake blockchain, providing support for its decentralized exchange and token. The EXODUS 1 Binance edition will integrate Binance Chain with the device’s native Zion Vault wallet app, according to the announcement. Essentially, users will be able to directly access the Binance DEX using the phone. HTC decentralized chief officer Phil Chen said…

Ethereum Price Weekly Forecast: ETH Holding Uptrend Support

ETH price declined recently below the $188 and $186 support levels against the US Dollar. The price is still trading above the key $180 and $178 support levels. There is a crucial bullish trend line forming with support near $180 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase as long as there is no daily close below the $178 support. Ethereum price is currently holding a significant support against the US Dollar, while bitcoin is declining. ETH price is likely to…

Ripple (XRP) Price Struggling To Hold Key Uptrend Support

Ripple price is holding an important support area near the $0.2880 level against the US dollar. The price is facing a lot of hurdles on the upside near the $0.2940 and $0.2950 levels. There is a major bearish trend line forming with resistance near $0.2945 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is facing hurdles and struggling to climb above $182 and $185. Ripple price is currently under pressure below $0.2950 against the US Dollar, while bitcoin is consolidating. XRP price must stay above…

Ripple (XRP) Price Rebounding After Sharp Drop To $0.2500 Support

Ripple price declined heavily after it broke the key $0.2850 support area against the US dollar. The price tested the main $0.2500 support area and it is currently rebounding above $0.2650. There is a major bearish trend line forming with resistance near $0.2800 on the hourly chart of the XRP/USD pair (data source from Kraken). There is showing signs of a strong recovery and it might rebound towards the $0.2850 resistance. Ripple price is correcting losses against the US Dollar and bitcoin. Recently, XRP price dived close to 10%, but…

Crypto Market Cap And Bitcoin Holding Support: BCH, BNB, EOS, TRX Analysis

The total crypto market cap is currently holding the key $210.0B support area. Bitcoin price is also trading just above the $8,250 and $8,200 support levels. EOS price is showing positive signs above the $3.050 and $3.000 support levels. Binance Coin (BNB) is up more than 2% and it is trading nicely above the $18.00 resistance. BCH price is holding the $220 support and it could rise above the $235 resistance area. Tron (TRX) price is up around 4% and it is gaining pace above the $0.0162 resistance. The crypto…

Ethereum Price Weekly Forecast: ETH Holding Important Support

ETH price started a sharp downside correction after trading as high as $198 against the US Dollar. The price is currently holding an important support area near the $180 level. There was a break below a major bullish trend line with support near $188 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could extend its decline towards the $175 support area before a fresh increase. Ethereum price is struggling to retain its bullish bias against the US Dollar and bitcoin. ETH is likely to bounce back…