With Bitcoin losing ground on the $38,000-level, bearish sentiment had returned to the global cryptocurrency market. Altcoins such as Bitcoin Cash and MATIC registered losses amid low volatility. On t
Bitcoin cash price is facing a strong resistance near the $720 level against the US Dollar. The price is now trading just below $700 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $730 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase)....
Ethereum extended its rise and traded close to $2,900 against the US Dollar. ETH price is correcting gains and it is likely to remain strong above the 100 hourly SMA Ethereum failed to clear the $2,900 level and it corrected lower from $2,885. The price is still holding the $2,700 support and the 100 hourly […]
This week, Bitcoin price staged another recovery mission, extending the gains from support at $33,000 to highs around $39,000. Investors anticipated a break above $40,000, but the rejection has led to an ongoing retreat. The pioneer cryptocurrency trades at $37,800 while holding dearly to the 100 Simple Moving Average (SMA). It is almost certain that