Source: Yahoo Finance The BTC/USD moved up to a high of $37,712. 37 yesterday but has since dipped to $36,294.01. At present time, the price is at $36,465.33 with a Relative Strength Index of 43. Analyst Anil Panchal from FX Street believes that an upward movement is possible, given the upbeat Movin
Photo: Coin Telegraph The price of Bitcoin dropped sharply from $37,800 to $35,000 overnight, liquidating $572 million worth of cryptocurrency futures positions. There are three major reasons why the price of Bitcoin declined steeply in the past 12 hours. The reasons are an overheated derivatives ma
Photo: Coin Telegraph On Tuesday, Ethereum (ETH) underwent a bullish breakout which propelled the price to a new all-time high at $1,428. While the move may have been technical, the fundamentals for Etheruem continue to improve as less than one month after launch there is now $3.8 billion worth
I think this is going to remain on the move. $35,000 support has held for now, but prices are testing a big zone of prior resistance (same that held the high on Tuesday morning). Breakdown/out levels in purple below.
Source: Yahoo Finance BTC/USD experienced a sharp upwards traction from $35,626.40 to $36,649.07. This was immediately followed by a sharp decline to the price at present time, which is $35, 984.65. The Relative Strength Index (RSI) also dipped from an overbought condition of 81 to present a reading
BTC/USD (as of Jan 15, 2021, 12.10 p.m., GMT +8) Source: Yahoo Finance ETH/USD (as of Jan 15, 2021, 12.20 p.m., GMT +8) Source: Yahoo Finance XRP/USD (as of Jan 15, 2021, 12.20 p.m., GMT +8) Source: Yahoo Finance At the start of this week, the cryptocurrency market experienced a major selloff, as mo
Photo: Coin Telegraph Bitcoin price recovered by 27% just three days after testing the $31,000 support and earlier today bull recaptured the $40,000 level. This quick recovery occurred despite the digital asset facing one of the largest buy-side liquidations in a single day as $1.5 billion was wiped