The Revolution Will Not Be Centralized

Key Points Bitcoin price is currently trading in a bearish zone below the $6,250 support against the US Dollar. There is a crucial bearish trend line formed with resistance near $6,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently trading below the $6,000 level and it could...

The post Bitcoin Price Weekly Analysis: BTC/USD Bearish Below $6,000 appeared first on NewsBTC.

Bitcoin Price Key Highlights Bitcoin price looks ready to resume the downtrend as the descending trend line keeps holding. Bulls seem to be having trouble sustaining the upside wedge breakout and might give in to bearish pressure. Applying the Fibonacci extension tool shows the next potential downside targets. Bitcoin price might be ready to resume...

The post Bitcoin (BTC) Price Watch: How Low Can It Go? appeared first on NewsBTC.

The crypto verse is never short of drama and while hacking vibes dominate, Charlie Lee of Litecoin is advocating rationalism. Obviously, after recent hacks, it’s easy to see sentiment almost always flips and drag BTC prices with it. The resulting coupling drags other coins with it resulting in a general crypto slide which he thinks...

The post A Leading Philippines Bank RCBC Opts For Stellar, Shuns Ripple: Litecoin, EOS, Tron, Stellar Lumens and IOTA Technical Analysis (June 22, 2018) appeared first on NewsBTC.

Key Highlights Ethereum classic price gained heavy bids and surged above the $17.00 resistance against the US dollar. There is a crucial bullish trend line formed with support at $16.20 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is placed nicely in an uptrend and it could accelerate gains...

The post Ethereum Classic Price Analysis: ETC/USD Surging Higher appeared first on NewsBTC.

Key Highlights Ripple price failed to move above the $0.5620 resistance area and trimmed gains against the US dollar. There is a key connecting bullish trend line in place with support at $0.5250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair has to remain above the $0.5250 support area...

The post Ripple Price Analysis: Can XRP/USD Hold This Support? appeared first on NewsBTC.

Key Highlights Ethereum classic price is slowly moving higher and is currently above $14.50 against the US dollar. There is a major bullish trend line formed with support near $14.40 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is in an uptrend and it may perhaps continue to move...

The post Ethereum Classic Price Analysis: ETC/USD Gaining Momentum appeared first on NewsBTC.

Cryptocurrency volumes have dipped to a two-month low, with levels resembling those seen earlier this year during April’s downtrend. But what does this mean for the market in general? Is Volume An Viable Indicator? As of June 18th, exchange volume has collectively dropped under $10 billion dollars, with these levels being seen in early April. ...

The post Cryptocurrency Volume Drops To A Two-Month Low, Should You Be Worried? appeared first on NewsBTC.

Despite our buy projections, sell pressure is evidently strong and quickly reversing previous gains. Even though most coins as Stellar Lumens, IOTA and Litecoin are still trending within June 14 anchor candlestick, it’s very possible that bears might break lower and align with the general bear trend. That’s patience and waiting for right trigger levels...

The post Another Bug Wipes $200 Million Off EOS: IOTA, EOS, Litecoin, Stellar Lumens and Tron Technical Analysis (June 18, 2018) appeared first on NewsBTC.