Bitcoin Despite the fact that Bitcoin (BTC) has just shed $300 in under a few hours, breaking under the $7,800 support level yet again, many are still bullish on the cryptocurrency. The fact of the... The post Traders Eye $10,000 As Bitcoin (BTC) Steadies Around $7,900 appeared first on Ethereum World News.
Ethereum World News: Binance Records ATH in Trading Volume. Stats are “Much Higher” Than The Peaks of 2017
The crypto market is registering records of popularity, indicating that the bearish season seems to be over. After Ethereum experienced a historic increase in its transactions, Binance seems to prove that the hype in the... The post Binance Records ATH in Trading Volume. Stats are “Much Higher” Than The Peaks of 2017 appeared first on Ethereum World News.
Bitcoin Bitcoin (BTC/USD) depreciated sharply early in today’s Asian session, trading as low as the 7506.12 level following selling pressure that commenced during yesterday’s European session and continued through yesterday’s North American session. Today’s intraday low is just above the 50% retracement of the move from 8388.00 to 6600.00. Stops were elected below the 50-bar MA (4-hourly) at 7793.43 during the move lower, with additional Stops reached below the 7605.43 area during the descent, representing the 23.6% retracement of the 5072.01 – 8388.00 range. Given the pullback, traders are evaluating areas of possible technical Support on the downside. Below the 7494.00 figure, the 7343.17 area represents the 61.8% retracement of the move from 9948.12 to 3128.89. The 7289.37 and 7223.25 levels also represent important areas of technical Support, and then the 100-bar MA (4-hourly) is around 7200.17 at present. Traders are also paying attention to the 7457.50 area, representing the 50% retracement of the recent move from 6600.00 to 8315.00. Technicians note that BTC/USD is now trading below the 50-bar MA (hourly), 100-bar MA (hourly), and 200-bar MA (hourly). Price activity is nearest the 50-bar MA (4-hourly) at 7790.67 and the 200-bar MA (Hourly) at 7786.80. Technical Support is expected around 7457.50/ 7256.13/ 6830.99 with Stops expected below. Technical Resistance is expected around 8006.01/ 8488.00/ 8678.17 with Stops expected above. On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage. On 60-minute chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage. Ethereum Ethereum (ETH/USD) came off early in today’s Asian session as the pair tested Bids around the 240.04 area after encountering selling pressure during yesterday’s European and North American sessions that began in yesterday’s Asian session after traders started pushing the pair lower from the 264.20 area. Some chunky Stops were triggered below the 248.84 area during the move lower today, representing the 38.2% retracement of the move from 264.77 to 239.00. Stops were also triggered nearby below the 246.87 level, representing the 50-bar MA (4-hourly). Stops were also elected today below the 243.83 area, representing the 50.0% retracement of the move from 222.88 to 264.77. Traders are now identifying areas of potential technical Support below current price activity. The 238.99 level represents the 61.8% retracement of the aforementioned 222.88 – 264.77 range and the 236.78 area represents the 23.6% retracement of the 281.77 – 222.88 range. Price activity is nearest the 50-bar MA (4-hourly) at 247.63 and the 200-bar MA (Hourly) at 247.01. Technical Support is expected around 236.78/ 219.53/ 204.84 with Stops expected below. Technical Resistance is expected around 259.27/ 272.56/ 281.77 with Stops expected above. On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage. On 60-minute chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage.
A massive move during trading in Asia this morning saw Bitcoin finally pullback from the $8,000 zone and drag the entire crypto market down with it once again. Dropping over $12 billion, total crypto market... The post Bitcoin Correction Sends Crypto Markets Into The Red With $12 Billion Dumped appeared first on Ethereum World News.
Ethereum World News: Next Bitcoin Boom Likely To Be “Awe-Inspiring”, Six-Digit BTC Entirely Possible
Next Crypto Rally To Be Absurd The sky’s the limit — that’s what Bitcoin (BTC) enthusiasts want to desperately believe anyway. As the cryptocurrency market has finally broken out of its bear market shell, rallying... The post Next Bitcoin Boom Likely To Be “Awe-Inspiring”, Six-Digit BTC Entirely Possible appeared first on Ethereum World News.
Regulation in the crypto space is something extremely important because this is one of the missing ingredients for mainstream crypto adoption. Until the crypto space is not regulated and more secure, more important names and institutional investors won’t unleash FOMO, and it will be harder to reach the primary goal of the crypto community which … Continue reading "Bitcoin (BTC) And Crypto Tax Guidance Is Around The Corner, Says The IRS" The post Bitcoin (BTC) And Crypto Tax Guidance Is Around The Corner, Says The IRS appeared first on Oracle Times.
Bitcoin [BTC] pulled back by 3.88% at the end of day on 22nd May 2019. The price plummeted from $7932 to test low at around [...] The post Bitcoin [BTC] Price Analysis: BTC Drops to $7600; Pullback to $6500 or $10000? appeared first on Coingape.
Ethereum price rallied significantly above the 0.0300 resistance against bitcoin. ETH to BTC is currently correcting lower, but dips remain well supported near 0.0305BTC and 0.0300BTC. Key Talking Points Ethereum price surged higher above the... The post Ethereum Price (ETH) Preparing For Fresh Increase Versus Bitcoin (BTC) appeared first on Ethereum World News.
The cryptocurrency market was attacked by the bear, causing most major coins to fall. Cardano [ADA] reported fall of 9.63% over 24 hours, followed by Stellar Lumens [XLM] and Bitcoin Cash [BCH]. Cardano [ADA] At press time, ADA was valued at $0.0764 with a market cap of $1.98 billion. The 24-hour trading volume of the […] The post Cardano [ADA] falls by over 9%; Stellar Lumens [XLM], Bitcoin Cash [BCH] follow suit appeared first on AMBCrypto.
Stellar (XLM) is currently ranked in the 9th position after showing remarkable performance in 2019. The cryptocurrency, currently trading at $0.12 has witnessed a 64% increase in price over the last three months. Already, the asset has tested its 2019 all-time high when it traded at $0.165. Stellar is trading within a consolidation zone of […] The post Will New Partnerships Push Stellar Lumens (XLM) to $0.5? appeared first on ZyCrypto.