Bitcoin Price (BTC) Trading Near Make-or-Break Levels

Bitcoin price is trading in a range below the $10,300 and $10,400 resistances against the US Dollar. The price is struggling to gain momentum above $10,300 and the 100 hourly SMA. There is a key breakout pattern forming with support near $10,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could either rally above $10,400 or it might extend its decline towards the $9,900 support. Bitcoin price is trading below key resistances and hurdles against the US Dollar. BTC is likely to make the…

Ripple Price (XRP) Rallies Significantly To Start Massive Uptrend

Ripple price surged more than 15% after it broke the key $0.2650 resistance against the US dollar. The price is trading well above the $0.3000 level and it could continue to rise. There was a break above a bullish continuation pattern with resistance near $0.2930 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is showing a lot of bullish signs, with many supports near the $0.3000 and $0.2950 levels. Ripple price rallied above $0.3000 to start an uptrend against the US Dollar and bitcoin.…

Bitcoin Price at $10.2K Deadlock as Ether Continues Surprise Bull Run

Bitcoin (BTC) stayed flat on Sept. 17 as another day of motionless trading continued the largest cryptocurrency’s stay at around $10,200.  Market visualization. Source: Coin360 Bitcoin price slowly erodes support above $10K Data from Coin360 showed sideways price action as the order of the day for Bitcoin, which remained rangebound between $10,100 and $10,320.  As Cointelegraph reported, a longer period of low volatility saw only a brief interruption on Monday, when BTC/USD suddenly shed around $200. A subsequently rebound to previous levels slowly faded, leading to press time rates of…

Bitcoin Price (BTC) At Clear Risk of Further Declines

Bitcoin price failed to hold the key $10,300 and $10,250 support levels against the US Dollar. The price is currently trading with a bearish bias and recently tested the $10,000 support area. There is a key bearish trend line forming with resistance near $10,340 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to revisit the $10,000 support level as long as it is below $10,400. Bitcoin price is trading with an increased bearish bias against the US Dollar. BTC might accelerate its…

Ripple Price (XRP) Facing Uphill Task, Can Bulls Make It?

Ripple price is still struggling to surpass the main $0.2650 resistance area against the US dollar. The price is showing a few positive signs, but it must break the $0.2650 resistance level. There is a major breakout pattern forming with support near $0.2585 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could either rally above $0.2650 or it might resume its decline below the $0.2580 level. Ripple price is trading well below the $0.2650 resistance against the US Dollar, and ranging vs bitcoin. XRP…

Ethereum Price (ETH) Touches $200 While Bitcoin Is Declining

ETH price extended its gains above the $195 resistance level against the US Dollar. Bitcoin price is down more than 1.5% and it recently broke the $10,250 support area. Yesterday’s highlighted major bullish trend line is active with support near $193 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently consolidating gains and it might soon attempt to climb above the $200 resistance. Ethereum price is trading higher towards $200 and $205 versus the US Dollar, while bitcoin is declining. ETH price could continue to…

Will Bitcoin Mining Confidence Cause A BTC Price Spike To $28k?

Data from blockchain.com shows Bitcoin’s hash rate is at all-time-high. Last week, it peaked at 98.5 quintillion hashes per second. In addition, according to the mining pool, BTC.com, mining difficulty is also at its highest ever level at 11.9 T. All in all, miner’s confidence, in Bitcoin, has never been higher, which is indicative of a project here for the long term. And, some might say, a bullish indicator. Confidence In Bitcoin Has Never Been Higher Hash rate refers to the computing power supporting the network by way of transactional…

$250K Bitcoin Price Prediction Is Now ‘Conservative,’ Says Tim Draper

Major Bitcoin (BTC) bull Tim Draper now thinks that his own prediction that BTC price will hit $250,000 by 2022 may be understating the power of Bitcoin. BTC price to grow with adoption In an interview with crypto news network Blocktv on Sept. 13, the famous American venture capital investor has once again expressed his bullish stance to Bitcoin, forecasting the soon-to-come mass global adoption that will push the price of Bitcoin higher and higher. Draper stated in the interview: “$250,000 means that Bitcoin would then have about a 5%…

Bitcoin Price (BTC) Approaching Next Break, $10,250 Holds Key

Bitcoin price is currently consolidating above the $10,300 level against the US Dollar. The price seems to be struggling to break the $10,400 and $10,500 resistance levels. There is a breakout pattern forming with resistance near $10,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could either climb above $10,400 or it might start a fresh decline below $10,250. Bitcoin price is holding an important support near $10,300 against the US Dollar. BTC could rise steadily towards $10,500 as long as it is above…