Bitcoin Holds Gains against Trade Deal Hopes, Brexit Uncertainty

Bitcoin was maintaining its weekend gains on Tuesday as investors assess positive outcomes from the ongoing US-China trade talks but remained uncertain over the Brexit deal. The benchmark cryptocurrency established a session high of $8,296.50, up 1.05 percent from the market open. The upside move was minor in the context of bitcoin’s recent losses. Therefore, the cryptocurrency somewhat remained under the risks of further downside moves. At the same time, alternative cryptocurrencies, or altcoins, performed way better than bitcoin, indicating that traders are looking elsewhere as the number-one cryptocurrency shows…

Bitcoin (BTC) Price Eyeing Another Leg Higher To $8,500

Bitcoin price is showing positive signs and is holding the $8,100 support area against the US Dollar. The price is likely to surpass the $8,280 and $8,300 resistance levels to continue higher. There is a short term declining channel or bullish flag pattern forming with resistance near $8,255 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to gain strength if it settles above the $8,300 resistance zone. Bitcoin price is attempting another upward move above $8,300 against the US Dollar. It seems…

Crypto Market Cap And Bitcoin Climb Higher: BCH, BSV, BNB, ADA Analysis

The total crypto market cap is attempting to surpass a major resistance near the $216.0B level. Bitcoin price is correcting gains and is trading below the $8,200 level. BCH price is up more than 3% and is recently surpassed the $230 resistance. BSV price rallied more than 15% and it broke the key $110 resistance area. Binance Coin (BNB) is currently consolidating gains above the $18.00 support area. Cardano (ADA) price is up 3% and it surpassed the main $0.0400 resistance area. The crypto market cap and bitcoin could climb…

Ripple (XRP) Price Following Uptrend, LINK & MATIC Outperforms

Ripple price is gaining momentum above the $0.2920 and $0.2950 resistances against the US dollar. The price is up around 3% and it revisited the $0.3040 resistance area. Yesterday’s highlighted key bearish trend line was breached with resistance near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken). Two altcoins – LINK and MATIC are outperforming and gained more than 8% in the past few hours. Ripple price is following a nice uptrend against the US Dollar and bitcoin. XRP price is likely to continue higher…

Ethereum (ETH) Trading Sideways While Bitcoin Trimming Gains

Ethereum price is currently struggling to climb above $178 and $180 against the US Dollar. Bitcoin price is declining and it seems like it failed to stay above $8,220 and $8,200. There is a short term bullish trend line forming with support near $172 on the hourly chart of ETH/USD (data feed via Kraken). The pair could recover to $180 as long as there is no close below the $170 support area. Ethereum price is showing a few bearish signs versus the US Dollar, while bitcoin is declining. ETH price…

Bitcoin Lacks Direction after Weekend Gains; Correction Incoming?

Bitcoin was trading in positive territory on Monday to uphold gains it made during this weekend. The benchmark cryptocurrency surged by 0.07 percent to trade near $8,230 as of 1140 UTC. At its session high, it was trading at $8,301.85, which was 4.37 percent higher than Friday’s closing point. The upside came as a part of technical correction after bitcoin tested $7,800 as support. More ideally, the cryptocurrency tested the lower trendline of the sideways channel, wherein it is trending since September 25. It opened possibilities of bitcoin to test…

XRP Is Top Performing Major Crypto Behind Bitcoin, But Criticisms Remain

XRP continues a solid performance throughout October. This comes off the back of weeks of sideways action from Bitcoin. And while it’s too soon to call a start to altseason, XRP is still up 13% since the beginning of October, hovering around the $0.29 mark. However, critcisms of the relationship between Ripple and XRP, as well as Ripple itself, will not go away. XRP Since it began, the divisive token has faced a barrage of fire from all angles. Recently, this has come from reports of Ripple dumping XRP, and…

Bitcoin (BTC) Price Recovers Above $8.2K But Approach Remains Cautious

Bitcoin price is currently correcting higher and it broke the key $8,200 resistance against the US Dollar. The price is now consolidating gains below the $8,300 and $8,350 resistance levels. There is a short term breakout or bullish continuation pattern forming with resistance near $8,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could struggle to continue higher and it might correct towards the $8,100 support. Bitcoin price is rebounding nicely above $8,100 and $8,200 against the US Dollar. However, it is still early…

Bitcoin And Crypto Market Rebound Facing Hurdles: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is currently correcting higher, but facing hurdles near $215.0B. Bitcoin price jumped more than 5% and it is trading above the $8,200 resistance area. EOS price is slowly moving higher towards the key $3.000 resistance level. BCH price is also up more than 5% and it is approaching the key $230 resistance. Tron (TRX) price is currently consolidating near the key $0.0155 pivot level. Cardano (ADA) price is still struggling to clear the key $0.0400 resistance area. Bitcoin and the crypto market cap are currently…

Ripple (XRP) Price Eyeing Upside Break While Bitcoin Is Recovering

Ripple price is slowly moving higher towards the $0.2950 resistance area against the US dollar. The price is facing an uphill task near the $0.2950 and $0.2980 resistance levels. There is a major bearish trend line forming with resistance near $0.2950 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could either rally above $0.2950 or it might decline to retest the $0.2850 support area. Ripple price is making attempt to clear a few key hurdles against the US Dollar, while bitcoin is recovering. XRP…