Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), IOTA Price Analysis

Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), IOTA Price Analysis The total crypto market cap broke a major resistance near the $117.00B level. EOS price broke the $2.50 resistance and it may rise towards the $2.62 level. Bitcoin cash price jumped above the $130 level and it might head towards the $135 resistance. Tron…

Ethereum Price Analysis: ETH Could Rally If $116 Support Holds

Ethereum Price Analysis: ETH Could Rally If $116 Support Holds ETH price is currently consolidating above the $116 and $117 support levels against the US Dollar. Yesterday’s highlighted key bearish trend line is active with resistance at $126 on the hourly chart of ETH/USD (data feed via Kraken). The pair may gain bullish momentum sooner…

Bitcoin Price Analysis: BTC Cap Up $700 million From $3,700 Support

Bitcoin Price Analysis: BTC Cap Up $700 million From $3,700 Support Bitcoin price ranging, up $700 million in the last 10 Hours Federal Reserve Bank of St Louis research confirms there is BTC demand Transactional volumes low. Drops from 18k to 15k in three days Market participants are optimistic and for good reasons. Candlestick arrangement…

Ethereum Price Analysis: ETH Set for $150, Bull Pin Bar Prints

Ethereum Price Analysis: ETH Set for $150, Bull Pin Bar Prints Ethereum Price finds support above $120 Analysts say Ethereum Futures are complicated Transaction volumes low, ETH/USD ranging Even without Constantinople, prices are steady, and although it may be months or even years before ETH Futures gain traction, bulls are vibrant. At spot rates, there…

Ripple Price Analysis: XRP Demand Builds Up in Lower Time Frames

Ripple Price Analysis: XRP Demand Builds Up in Lower Time Frames Ripple price stable above 30 cents Ryan Zagone concludes lack of regulatory clarity impedes institutional adoption Average volumes decrease from 30 million to 24 million in three days Technically, XRP is bullish above 30 cents and 25 cents. As such, as long as prices…

Ethereum Price Analysis: ETH Calm A Day After Constantinople Delay

Ethereum Price Analysis: ETH Calm A Day After Constantinople Delay Ethereum price steady Constantinople fails to take off, vulnerabilities discovered Trading volumes low, ETH/USD may consolidation Even though Constantinople is what Ethereum needs, this is the second time the upgrade has been put off. Luckily, ETH prices are steady against the USD. Before we recommend…

Bitcoin Price Analysis: BTC Unchanged as Volatility Taper

Bitcoin Price Analysis: BTC Unchanged as Volatility Taper Bitcoin Price trading range tight Bulgaria’s NRA introduces a 10 percent tax on crypto profits Transaction volumes low as BTC/USD range within Jan 14 high-low Candlestick arrangement favors bulls. However, as the government opens up, we recommend patience until after Bitcoin prices rally above $4,500 in line…

Ethereum Price Analysis: ETH Stays Bullish Despite Constantinople Fork Delay

Ethereum Price Analysis: ETH Stays Bullish Despite Constantinople Fork Delay ETH price trimmed most its recent gains and declined below the $121 support area against the US Dollar. There was a break below a connecting bullish trend line with support at $120 on the hourly chart of ETH/USD (data feed via Kraken). The pair still…

Bitcoin Price Analysis: BTC Exposed, ETF Hopes Dimming?

Bitcoin Price Analysis: BTC Exposed, ETF Hopes Dimming? Bitcoin Price slide, potential support at $3,400 or 78.6 percent Fibonacci level SEC may not approve Bitcoin ETF Reaction at $3,700 important for bulls In the short-term, sellers seem to be in charge and yesterday’s drop below our immediate support at $3,700 may lead to reductions towards…

Bitcoin Falls Under $3,600 as Top Cryptocurrencies Report Moderate Losses

Bitcoin Falls Under $3,600 as Top Cryptocurrencies Report Moderate Losses Sunday, Jan. 13 — all the top 20 cryptocurrencies are seeing slight to moderate losses in the 24 hours to press time. Bitcoin’s (BTC) price has fallen below $3,600 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down over 2 percent on the day,…