Ripple (XRP) Price Near Make-or-Break Levels: Can Bulls Take Over?

Ripple price formed support near the $0.3610 level and recently recovered against the US dollar. The price traded towards $0.4300 and it is currently correcting lower towards $0.3900. There is a short term rising channel forming with support near $0.3950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to bounce back above $0.4100 or could decline sharply towards the $0.3610 support. Ripple price seems to be following a decent bullish path against the US Dollar, but struggling vs bitcoin. XRP is likely…

Ethereum (ETH) Price Surging: Bulls Eyeing Fresh 2019 High

ETH price started a fresh increase after a sharp downside correction towards $225 against the US Dollar. The price is currently gaining traction and it broke the $240 and $245 resistance levels. There is a crucial bullish trend line in place with support near $236 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is surging higher and it seems like there could be more gains towards the $275 and $285 levels. Ethereum price is once again gaining bullish momentum versus the US Dollar, similar to bitcoin.…

Ripple (XRP) Bulls Firm despite Coin Metric Report

Ripple (XRP) up 25.6 percent Ripple Labs exposed by Coin Metrics as David Schwartz says it is a “timeline issue.” Coin Metrics now reports that Ripple Labs did under-reported the number of XRP released from escrow by a total of 200 million XRP while implementing the “escrow queue” differently than announced. The reaction could be heaping pressure on XRP which is fast dropping, clawing back this week’s gains. Ripple Price Analysis Fundamentals According to a Coin Metrics report, Ripple Labs is allegedly misrepresenting the actual amount of XRP in their…

Crypto Bulls and Bears Wrestle on What Comes Next for the Bitcoin Price

By CCN: Many in the crypto community remained calm and banded together despite the steep drop in the bitcoin price on the heels of an otherwise incredibly bullish month. Bitcoin’s value was slashed by approximately $21 billion in the last 24 hours, with the BTC price currently holding above the $7,000 threshold. The declines were traced back to a mega sell order on Bitstamp exchange, either creating an opportunity for investors who missed the previous run or providing a warning before the other shoe drops. Of course, crypto bulls and…

Bitcoin Bulls Unleashed as Crypto Begins Trading on Good News

By CCN: Another day, another new high for the bitcoin price. Bitcoin is currently trading at nearly $8,300, which according to CoinMarketCap data is a new 2019 high for the biggest cryptocurrency. On Coinbase, the BTC price already attained $8,300 though it has pulled back slightly. While it’s not the first time that the bitcoin price has surpassed this level historically, the market has stronger fundamentals fueling the gains this time around. The excitement in the crypto community is palpable. Gemini Co-Founder Tyler Winklevoss noted that “breaking 8k this time…

Ethereum (ETH) Bulls Rebuff Cryptopia Liquidation, Race to $450?

Ethereum (ETH) up 16.8 percent Cryptopia liquidates after Jan 2019 loss Behind today’s 16.8 percent surge of Ethereum (ETH) prices are supportive fundamentals. Sources indicate that the CFTC is warming up to the idea of ETH derivatives and heavyweights are gravitating towards Ethereum. That is supporting prices, countering sell pressure emanating from Cryptopia liquidation. Ethereum Price Analysis Fundamentals It’s over for Cryptopia, the New Zealand cryptocurrency exchange that was hacked, losing an estimated $16 million. Most of those lost coins were Ethereum (ETH) and related ERC tokens. With no haircuts,…

Bitcoin (BTC) Price Forecast Remains Bullish: Bulls Target $8.5K and $9K

Bitcoin price surged more than 10% and broke the key $8,000 barrier against the US Dollar. The price traded to a new 2019 high close to $8,180 and remains in a strong uptrend. There is a short term bullish pattern forming with resistance near $8,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rally further towards $8,500 once it breaks $8,050 and $8,100. Bitcoin price rallied significantly and broke $8,000 against the US Dollar. BTC bulls remain in full control and they are…

Ripple (XRP) Price Rallies 15%: Bulls Now Aim $0.42 or Higher

Ripple price surged higher and broke the $0.3150 and $0.3300 resistance levels against the US dollar. The price even broke the $0.3500 resistance and tested the $0.3750 resistance area. There was a break above a major contracting triangle with resistance at $0.3240 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair traded as high as $0.3778 and it may continue to grind higher towards $0.4000 or $0.4200. Ripple price rallied significantly above $0.3500 against the US Dollar, plus recovered versus bitcoin. XRP is now well…

Bitcoin (BTC) Price Springs Up: Bulls Now Target $8,000

There was a sharp upward move above $6,800 in bitcoin price against the US Dollar. The price is up more than 25% in the past few days and it tagged the $7,450 level recently. There is a major bullish trend line in place with support at $6,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair remains well supported and it seems like the bulls are now aiming $7,800 or $8,000. Bitcoin price rallied significantly above $6,800 and $7,000 against the US Dollar. BTC seems…

Ethereum (ETH) Price Smashes Resistance: Bulls Target $220 or Higher

ETH price broke the main hurdle near the $178 and $180 resistance levels against the US Dollar. The price even broke the $200 resistance level before starting a downside correction. There is a major bullish trend line in place with support near $178 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains well supported on dips and it could rally strongly above $200 and $210. Ethereum price finally gained bullish momentum versus the US Dollar, along with bitcoin. ETH seems to be eyeing a larger upward…