Cryptocurrencies Market Prices


Bitcoin price analysis: $ 7,265 to cap any bounce amid rising wedge breakdown

Bitcoin (BTC/USD) is trading little changed so far this Saturday, having run into stiff resistances aligned near 7,265 on its multiple upside attempts. Rising wedge breakdown is spotted on hourly sticks, with bears eyeing 7,075. However, a rebound cannot be ruled out in the near-term.

More Bitcoin News

Litecoin technical analysis: Bearish bias intact while below $ 45.50

Litecoin (LTC/USD) is back in the red zone on Saturday after two straight days of tepid bounce. Despite the latest knockdown, the coin remains in a familiar trading range between $ 45 and $ 43. 

More Litecoin News

Bitcoin Cash price prediction: Eyes on $ 215, with bull pennant on hourly sticks

Bitcoin Cash (BCH/USD) built on Friday’s rebound before entering a bullish consolidation this Saturday, as the bulls await a fresh impetus for the next push higher. 

More Bitcoin Cash News

Cryptocurrency market update: Selling wave returns, Santa rally still on sight?

No relief for the crypto markets, as sellers return on Saturday. Ethereum – the main laggard amongst the top three dominant cryptocurrencies. 

More Cryptocurrencies News
Tanya Abrosimova

A failure at critical resistance area attracted new short-term sellers who eventually pushed BTC/USD to $7,200 from the recent high registered at $7,600. The first digital coin is down 2.2% on a day-to-day basis and unchanged since the beginning of the day. Bitcoin's average daily trading volume exceeded $18 billion, while the market share decreased to at 66.6%

Looking technically, strong barriers are clustered mostly above the current price. It means the bearish sentiment is a bit stronger at this stage. However, as long as psychological $7,000 remains unbroken, a sharp sell-off looks unlikely. Let’s have a closer look at the technical levels that may serve as resistance and support areas for the coin.

Resistance levels: $7,300 - 23.6% Fibo retracement weekly and monthly, 38.2% Fibo retracement daily, a host of shorter SMA (Simple Moving Average) levels. $7,350-$7,380 - SMA50 1-hour, SMA100 4-hour, 38.2% Fibo retracement weekly, the upper line of 1-hour Bollinger Band, SMA200 1-hour, SMA50 4-hour. $7,900 - SMA200 4-hour, Pivot Point 1-week Resistance 1.

Read Full Report

CRYPTO RATES

sponsor broker

BEST CRYPTO BROKERS/EXCHANGES




 

Bitcoin Weekly Forecast: It's all about whales again

On the cryptocurrency market, regulators, governments and central bankers and other big names like that are inferior to whales when it comes to generating trends and price movements.

Read the weekly forecast
WALLET

How to choose a cryptocurrency wallet

If you’re interested in using virtual coins like Bitcoin, Ethereum, Litecoin or any other out the over 1,500 coins and tokens currently available on the market, you’re going to need a wallet. If you are new to cryptos, this guide is your shortcut to understanding what a cryptocurrency wallet is, how they work and which one suits you best.

27 min Beginners Beginners

brokers

Best cryptocurrency exchanges in 2018

Factors to consider when choosing a cryptocurrency exchange The boom of cryptocurrencies resulted in a boom of crypto exchanges. If you search Google for the term, you may drown in offers, and the possibilities seem endless. So how do you find the perfect match? When choosing a crypto-exchange, there are many factors to consider, factors that will help you narrow down the options and find the best one.

16 min Beginners Beginners

BITCOIN CHART

The volatility of cryptocurrencies prices

The cryptocurrencies prices are highly volatile compared with the traditional currency pairs and assets in the foreign exchange market due to fluctuations in the interest of the public. This factor is associated with the user and we must add the absence of current regulation and its constant pressure from governments. These factors make the volatility of the digital currencies constant, modifying the Cryptocurrencies Market Prices and affecting values of such cryptocurrencies as Bitcoin, Ethereum, Ripple or Litecoin, among others.

To begin trading in this volatile market it is necessary to be well aware of the market prices of cryptocurrencies. The cryptocurrency investor has to differentiate between Bitcoin and the wide variety of existing Altcoins and should be well informed about their graphs and quotes, as well as the latest news related to these digital currencies.