Bitcoin Price Goes 123 Days Without New Lows, Bull Market Ahead?

Bitcoin investors are ready to call $3,100-area a bottom as the cryptocurrency continues its upward trend. The Rythm Trader noted that bitcoin had gone 123 days without posting fresher lows, which brought up its total gains since December close to 65 percent. The famous market analyst considered it as a sign of steady bullish momentum, believing that it would extend further soon. Bitcoin has now gone 123 days without a new low. It’s up 65% from December. Don’t get caught picking up a penny in front of the steamroller that…

Ripple (XRP) Price Analysis: Bulls Aiming $0.3500 or Higher

Ripple price gained bullish momentum and broke the $0.3265 and $0.3300 resistances against the US dollar. The price even climbed above the $0.3350 resistance level to move into a positive zone. This week’s highlighted key bearish trend line was breached with resistance near $0.3288 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair traded close to $0.3420 and now it remains well supported above the $0.3290 level. Ripple price recovered nicely and gained bullish momentum against the US Dollar, along with bitcoin. XRP is likely…

Ethereum (ETH) Price Hits The $175 Target, $182 On The Horizon?

ETH price extended gains and rallied towards the $175 resistance area against the US Dollar. The price pumped sharply above the $169 and $170 resistance levels to test $174. There is a solid bullish trend line formed with support at $168 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains well supported on the downside near $170 and it could continue to rise towards $180. Ethereum price climbed higher above key levels versus the US Dollar, along with bitcoin. ETH remains well bid and it seems…

Ripple (XRP) Price Approaching Key Resistance, Can Buyers Make It?

Ripple price traded as low as $0.3134 and recently corrected higher against the US dollar. The price broke the $0.3200 resistance area, but it is still below the key $0.3280 resistance. Yesterday’s highlighted key bearish trend line is intact with resistance near $0.3280 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must break the trend line and $0.3300 to move into a positive zone. Ripple price managed to recover a few points against the US Dollar, similar to bitcoin. XRP is currently trading above…

Ethereum (ETH) Price Smashes Resistance, $175 Could Be Next

ETH price formed a solid support near $155 and recovered nicely against the US Dollar. The price gained traction above the $162 resistance and the 100 hourly simple moving average. Yesterday’s highlighted key bearish trend line was breached at $164 on the hourly chart of ETH/USD (data feed via Kraken). The pair accelerated towards the $168 level and it may continue to rise towards the $175 level. Ethereum price started a fresh upward move versus the US Dollar, with positive moves in bitcoin. ETH is likely preparing for more gains…

Bitcoin Price Analysis: Daily Resistance Level Tested Following Strong…

Summary: Despite some strong, intraday selling, bitcoin’s macro-bullish market structure remains intact. So far, we have seen a test of two daily levels and have clearly established support. At the moment, the bitcoin market is working on testing a third level, but is currently feeling out the strength of the supply and demand. We have yet to see a strong test of the overhanging liquidity zone in the $5,700 to $6,000 range so, it seems logical to see a test of that region before any meaningful, macro pullback takes place.…

Ripple (XRP) Conquering Asia, But Why the Divergence With Price?

Ripple (XRP) support at 30 cents Standard Charter expanding to Asia Adoption means day-to-day settlement using XRP and CoinBase is experimenting with Litecoin, BTC, and ETH after partnering with Visa. With time they may add Ripple (XRP) but at the moment Standard Charter, a partner with Ripple, is extending their services to Asia to meet increasing demand. Ripple Price Analysis Fundamentals Fact is, for the space to flourish, there must be an avenue allowing not only investment but expenditure of digital assets. Ripple (XRP) may the third most liquid meaning…

Risk Appetite to Drive Bitcoin (BTC) As Price Struggle in a $500 Range

Bitcoin (BTC) back to read, will sellers flow and force liquidation? Analysts are upbeat, expect Bitcoin (BTC) to close higher by end year Thomas Lee of Fundstrat is quite conservative with his projection, placing $10,000 at the end of the year. As more analysts are upbeat, a contrarian move may see Bitcoin (BTC) bears flow, driving prices to $4,800 or lower in a retest. Bitcoin Price Analysis Fundamentals It doesn’t take much to conclude that there is a revival in Bitcoin and crypto. After a frigid and an extended Bitcoin…

CoinMarketCap Releases New Mobile App Version With User Accounts, Price Alerts

Crypto data tracker CoinMarketCap has released a new version of its app for iOS and its first Android app today, April 16, with added features for price tracking and user accounts. According to the website, the mobile app will include candlestick charts, daily historical open-high-low-close chart data and the option for setting price alerts on all cryptocurrencies available on CoinMarketCap. In order to use the app, users will have to make a CoinMarketCap account and log in. The app will also allow users to follow news from various media outlets,…

This Price Hurdle May Pave Way for Bitcoin’s Next Leg Up

View Bitcoin’s rally from April 2 lows below $4,200 has stalled near the three-day chart’s 100-candle moving average (MA), currently at $5,238. A three-day close (UTC) above that MA level could invite buying pressure, leading to a sustained move higher toward $5,500 and more. That bullish close, however, looks unlikely in the short-term, as the cryptocurrency has created a bearish candle on the daily chart, validating signs of bull exhaustion (doji candle) on the weekly chart. A UTC close below $4,948 today would add credence to yesterday’s bearish candle, opening…