Bitcoin & Crypto Market Bleeding: BNB, BCH, LTC, EOS Analysis

The total crypto market cap is declining and struggling to stay above the $188.0B support. Bitcoin price is down more than 2% and it broke the $7,200 support area. Litecoin (LTC) price is declining and approaching the $43.20 support area. BCH price is somehow holding the main $200 support area. EOS price is sliding and it seems like it could soon test the $2.500 support area. Binance coin (BNB) is now well below the $15.00 level and it might struggle to stay above $14.20. Bitcoin (BTC) and the crypto market…

Bitcoin And Crypto Market Cap Turn Red: BCH, Litecoin, XTZ, TRX Analysis

The total crypto market cap is declining and struggling to stay above the $188.0B support. Bitcoin price is down more than 2% and it broke the $7,320 support area. Litecoin (LTC) price is sliding and it may soon test the $42.20 level. BCH price is struggling and it seems like it could break the $200 support area. Tron (TRX) price is currently consolidating near the main $0.0140 support area. Tezos (XTZ) it outperforming and it is now trading nicely above $1.500. The crypto market cap and bitcoin (BTC) are declining…

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

The total crypto market cap is declining and it is now well below the $200.0B resistance. Bitcoin price is down close to 2% and it is now trading below the $7,400 support. EOS price is approaching the $2.600 support area and it could bounce back. Binance Coin (BNB) is currently down around 3% and it is struggling to stay above $15.00. BCH price is slowly moving down towards the main $205 and $200 support levels. Tron (TRX) price is declining towards the main $0.0140 support area. The crypto market cap…

Price Analysis 09/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XTZ

After a lengthy period of consolidation, many cryptocurrencies appear to be setting up for a large move within the next few days. China could start its pilot for the central bank digital currency (CBDC) before the end of this year, according to local news outlet Caijing. The article states that the anticipated pilot project “will go out of the central bank system and enter real service scenarios such as transportation, education, and medical treatment,” which will reach the end users. The project will be overseen by the Chinese central bank…

Bitcoin And Crypto Market Rising: BCH, Litecoin, EOS, XLM Analysis

The total crypto market cap is slowly rising and it is currently near the $200.0B resistance. Bitcoin price is up close to 2% and it is now trading above the $7,500 resistance. Litecoin (LTC) price is now trading above $45.00, but it is still facing a lot of hurdles. Bitcoin cash price is climbing higher towards the key $220 and $225 resistance levels. EOS price is trading above the $2.700 resistance and it could climb above $2.850. Stellar (XLM) price is slowly rising towards the $0.0585 resistance level. Bitcoin (BTC)…

Price Analysis 06/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, ADA

A rally could be on the cards as Bitcoin continues to lead the market and a few altcoins attempt to form a higher low. In its “Imagine 2030” report, Deutsche Bank strategist Jim Reid forecast that by 2030, digital currencies could replace cash. Reid said that in order for mainstream integration to occur, digital currencies will have to convince regulators that they are safe for investors and find solutions for issues such as cyber attacks, electricity consumption and digital war. Cryptocurrency adoption by a large traditional financial institution could also…

Bitcoin & Crypto Market Approaching Crucial Break: LTC, BNB, BCH, TRX Analysis

The total crypto market cap is forming a major breakout pattern with resistance near $195.0B. Bitcoin price is slowly rising and it seems like it could climb above the $7,400 resistance. Binance coin (BNB) price is holding the $15.00 support and it is correcting higher. Litecoin (LTC) price is attempting a break above the $45.50 resistance area. BCH price is slowly recovering and it could revisit the $220 resistance area. Tron (TRX) price is now trading well below the $0.0150 resistance level. Bitcoin (BTC) and the crypto market cap are…

Bitcoin & Crypto Market Turn Red Again: BCH, XLM, EOS, TRX Analysis

The total crypto market cap jumped from $188.0B, but it failed to stay above $200.0B. Bitcoin price rally above the $7,500 level was completely reversed. BCH price is somehow holding the key $205 and $200 support levels. EOS price is facing a strong resistance near the $2.700 area. Stellar (XLM) price could continue to move down towards the main $0.0500 support area. Tron (TRX) price is down 2% and it is approaching the $0.0140 support area. Bitcoin (BTC) and the crypto market cap are resuming their downtrend. Ethereum (ETH), BCH,…

Price Analysis 04/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Bitcoin price is leading from the front and is showing signs that a bottom has been reached. On Dec. 2, open interest on Bakkt’s Bitcoin futures reached a new all-time high. This came just a few days after the daily Bitcoin futures trading volume had hit a lifetime high. These back to back trading volume records show an increasing interest from institutional investors but the majority of the crypto community is still wondering why Bitcon’s spot price is not steadily increasing.  Bakkt’s launch of Bitcoin options contracts on Dec. 9…

Bitcoin & Crypto Market Following Downtrend: BNB, BCH, LTC, EOS Analysis

The total crypto market cap is under pressure below the main $200.0B resistance. Bitcoin price is struggling to stay above the $7,000 support area. Litecoin (LTC) price is down more than 3% and it traded below the $44.50 support. BCH price is down 4% and it is approaching the main $200 support area. EOS price is declining and it seems like it could even trade below the $2.500 support. Binance coin (BNB) is testing the $15.00 support and remains at a risk of more losses. Bitcoin (BTC) and the crypto…