Crypto Market and Bitcoin Near Crucial Juncture: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is testing a strong resistance near the $292.0B level. Bitcoin price is facing a couple of important hurdles near the $11,500 level. EOS price is moving lower and is about to test the key $4.000 support area. BCH price is struggling to hold gains and it could revisit the $320 support area. Tron (TRX) price is currently consolidating above the main $0.0200 support area. Cardano (ADA) price is under pressure and is approaching the $0.0500 support level. Bitcoin price and the crypto market cap are…

Price Analysis 12/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM

Altcoins are attempting a recovery, but will it last? Let’s analyze the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Goldman Sachs is positive on Bitcoin. In a note, one of the firm’s analysts has projected a short-term target of $12,916 to $13,971, after which it might enter a consolidation. For…

Price Analysis 09/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM

Bitcoin is at a critical level. A breakdown might hurt sentiment across the crypto universe. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Vertical moves are unsustainable in the long run. Hence, it is always better if there are consolidations in between because those levels act as a floor during corrections. Tim Draper…

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

The total crypto market cap is gaining momentum above the $300.0B resistance level. Bitcoin price is likely to gain bullish momentum once it breaks $12,050 and $12,200. EOS price retested the $4.100 support area and it is currently correcting higher. Binance Coin (BNB) is surging above $30.00 and it recently gained more than 8%. BCH price is likely to climb above the key $340 resistance level in the near term. Tron (TRX) price is still under pressure and it might test the $0.0210 support area. Bitcoin, the crypto market cap,…

Price Analysis 07/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM

Bitcoin is struggling to move up. What are the critical levels to watch out for? Let’s analyze the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The rally in cryptocurrencies has largely been led by Bitcoin (BTC). Its dominance has increased from 51.63% at the start of the year to close…

Price Analysis 05/08: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, XMR

Bitcoin has resumed its uptrend. Can it break out of the recent highs? Let’s analyze the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The trade war between China and the United States intensified as China allowed its currency, the yuan, to fall to its lowest level since 2008. This is seen…

Crypto Market and Bitcoin Surging: BCH, EOS, TRX, ADA Analysis

The total crypto market cap climbed higher nicely and surpassed the $280.0B resistance. Bitcoin price rallied close to 8% and broke the key $11,200 and $11,500 resistance levels. EOS price is slowly rising towards the $4.400 and $4.500 resistance levels. BCH price broke the $340 resistance and it could attempt to surpass the $350 resistance. Tron (TRX) price is still consolidating above the $0.0220 support level. Cardano (ADA) price is struggling to move higher and it is currently near the $0.0560 level. Bitcoin price and the crypto market cap are…

Price Analysis 02/08: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, ADA

Bitcoin is looking strong. Can it start a rally? What are the target levels to watch out for? Let’s analyze the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Fundstrat Global Advisors co-founder Tom Lee expects Bitcoin to reach $20,000 this year. He believes that increased liquidity due to the Fed’s rate…

Bithumb Brings Korea Into EOS Government

Bithumb, one of South Korea’s largest crypto exchanges | Source: REUTERS/Kim Hong-Ji Bithumb, one of Korea’s largest exchanges by reported volume, has decided that Koreans are not adequately represented in the EOS network. Korea Gets a Voice In EOS Governance The exchange claims that as much as 10% of all EOS belongs to Koreans. In a letter to users this morning, Bithumb said: “One of the important characteristics of EOS is that those who hold EOS can elect EOS block producers by voting. However, according to various channels including Bloks.io…

Price Analysis 31/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, ADA

Will volatility in cryptocurrencies pick up after the Fed’s announcement today? What are the critical levels to watch out for? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The United States Federal Reserve cut rates today for the first time since 2008, which some believe is unwarranted as the economy is on…