Bitcoin (BTC) Price Downside Thrust Underway, Bulls Struggling

Bitcoin price failed to stay above the $7,400 support and declined recently against the US Dollar. The price is trading below $7,280 and it could even decline below the $7,160 support. There is a major declining channel forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains at a risk of a downside thrust below $7,160 and $7,040 in the near term. Bitcoin price is showing a few bearish signs below $7,280 against the US Dollar. BTC is likely to…

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…

Ripple (XRP) Price Turned Sell On Rallies: BTC & ETH Down

Ripple price declined recently below the $0.2240 and $0.2220 support levels against the US dollar. The price is currently correcting higher, but facing resistance near $0.2240 and $0.2260. There is a key bearish trend line forming with resistance near $0.2240 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is facing an increase in selling pressure below the $148 and $150 levels. Ripple price is back in a short term bearish zone against the US Dollar, similar to bitcoin. XRP price could correct higher, sellers remain…

Ethereum (ETH) Holding Uptrend Support But For How Long?

Ethereum is holding the main $144 support, but also struggling to rise against the US Dollar. The price is now trading below the previous support (now resistance) near $148. There is a key bearish trend line forming with resistance near $147 on the hourly chart of ETH/USD (data feed via Kraken). The price is likely to struggle near the $147 and $148 resistance levels in the near term. Ethereum price is facing an increase in selling versus the US Dollar, similar to bitcoin below $7,400. ETH price could even struggle…

Derrick Rose Won MVP 9 Years Ago

Derrick Rose hit a filthy game-winner over Jrue Holiday on Monday night. Once nearly out of the league, the former MVP is thriving with the Pistons. Does he deserve Sixth Man consideration? Derrick Rose isolated at the top of the floor on Monday night against Jrue Holiday, one of the league’s best defenders. As the game clock ticked below five seconds, the Detroit Pistons guard finally made his move. Rose quickly put the ball between his legs, then once with more force the other direction, and dribbled hard toward the…

Dow Flatlines as Larry Kudlow Keeps Stock Market in the Dark on Tariffs

The Dow is tracking sideways as Trump’s scheduled tariffs threaten to derail the stock market. Larry Kudlow opted to walk back talk of a delay on Tuesday, reigniting fears of a trade war escalation. Apple (AAPL) stock’s moderate rally helped to cushion the Dow Jones as Boeing  (BA) slid for the second straight day. The Dow Jones was trapped in a sideways trajectory Tuesday as the fog of the US-China trade war hung heavy over markets. With the jobs report out of the way and the Federal Reserve expected to…

Kingdom Hearts 3 Re: Mind Is Already Annoying

Kingdom Hearts 3 Re: Mind has finally been announced at Sony’s State of Play address. The DLC is coming out on Jan. 23, 2020 for PS4 and Feb. 25, 2020 for Xbox One. This DLC is going to suck for several different reasons. The hype train can be difficult to avoid. While it’s a lot of fun to anticipate something, it’s also pretty easy to wind up disappointed. That’s certainly how I feel right now about Kingdom Hearts 3 re: Mind. I’ve been waiting for more Kingdom Hearts 3 to…

Even 2019’s Best Performing Cryptocurrency is Getting Affected by the Bear Trend

Bloomberg called Binance Coin the best-performing cryptocurrency of 2019 but it nevertheless remains vulnerable to traders’ intrinsic greed. The native token of one of the world’s largest crypto exchanges, Binance, has surged by more than 146 percent as of this time of writing. The gains are far larger than what the benchmark cryptocurrency Bitcoin has delivered so far – a dwarfed 90 percent. Binance Coin has suffered more than 65 percent in losses since June 2019 | Source: TradingView.com Nevertheless, Binance Coin, or BNB, has also registered a significant downside…

As Bitcoin Price Fails to Break Crucial Resistance; Breakdown Sentiment Looms

The bitcoin price plunged on Tuesday after facing another strong rejection from a psychological resistance area. The leading cryptocurrency established a new intraday low near $7,274, down 5.11 percent from the local high of $7,552.92. The move downhill reasserted the $7,500-7,600 range as a crucial wall standing before bulls. The area has rejected bitcoin’s upside attempts on four occasions since Friday. With the selling pressure high, the price has no option but to either consolidate or retest lower levels for strong pullbacks. The dropdown came after Bakkt announced the release…

Why Matic’s Steep Plunge Should Serve as Warning Against Any Small Cryptocurrency

Matic, a cryptocurrency known to have an active and supportive community, plunged by more than 50% on the day and over 70% at the day’s lowest point. But, such a drop can occur to any minor crypto asset. According to global markets analyst Alex Krüger, large hands can adjust the selling volume of a cryptocurrency, causing it to demonstrate extreme volatility in a short time period. Crypto. The stuff of dreams and nightmares. $MATIC was up 180% in two weeks before crashing 70% in an hour. pic.twitter.com/zo9LzP80L8 — Alex Krüger…