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Bitcoin Probing Crucial Resistance While Altcoins Start Rising


In the past few sessions, bitcoin price remained well bid above the USD 6,500 support level. However, BTC/USD is still facing a strong barrier near the USD 6,800 and USD 6,850 resistance levels. The price is trading (08:30 UTC) in a range below USD 6,850 and it seems to be preparing for the next...

Ethereum Community Enthralled Over Controversial ProgPoW Proposal


The Ethereum community has been debating a proposal called ProgPoW as many ETH proponents believe the Programmatic Proof-of-Work function will alter the network significantly. The contentious topic has seemed to galvanize the community, with the ProgPoW proposal favored by a significant proportion...

Rumors of Bitcoin’s Death Are Greatly Exaggerated


According to the Bitcoin Obituary Page, Bitcoin died 379 times between 2010-2019 of an astonishing array of causes. The number is undoubtedly understated since it is based on a limited sample of obituaries. Despite the glee with which the corpses of Bitcoin are contemplated, however, cryptocurrency...

Cardano Moves towards the Resistance at $0.050 after a 1.90% Push


Cardano is currently being traded around $0.0495 after an overnight gain of 1.90% It may continue with the current bullish trend and reach the next halting point at $0.0501. ADA coin seems to recover from the dark phase that lasted for days. Over the last 24 hours, it has been beefed up by 1.90%...

Bitcoin Tests Resistance Level Today; Yet $9,000 Seems Far


Bitcoin is trading sideways; drops way below $9000 over a week The coin is consolidating since the last two days; support levels below $8500 have already been tested Today, the coin is comparatively bullish and seems stable above $8600; the coin is examining its potential at price barriers above...

Bitcoin Gets Its Mojo Back; May Clear Resistance at $9700


Bitcoin is trading in a very positive zone and it may target $10,000 price mark any time soon if the uptrend remains intact After a two-day long sideways trading, BTC strongly surged yesterday and cleared major resistance near $9500 and $9600 Currently, the coin is in the consolidation area and...

BTC Pulls Back After Facing Historical Resistance at $9.5k


Bitcoin has been on an adventurous trading journey, which has resulted in two extremities viz., investors losing faith and BTC showing its total potential and power. Having said that, the coin is trading with full support from the daily moving averages. Points to be covered throughout: Bitcoin...

BTC Faces Tough Resistance at $9.4k, Yet Holds a Bullish Divergence


Bitcoin, at the time of writing, was trading at $9,323.46 on Coinbase and is also exhibiting a further uptrend The price trend of BTC rightly break the downward channel as it marks a fresh height above $9,400 The current uptrend is steadily supported by the long-term daily Moving Average The coin...

Litecoin Bulls Test Resistance Levels; $65 Can be Weekly Target


LTC price is approaching the immediate resistance level at $61.46 while it holds a strong support level just above the 50% Fib level Litecoin has steadily surged since the year start, and as it has recovered from the recent plunge, it may continue to trade higher The altcoin has formed a bullish...

EOS Marks an Intraday Bullish Move as it Hits the Major Resistance


EOS, at the time of writing, was trading at $3.10 on Bitfinex. With an intraday hike above $3, the trading volume and market cap have also spiked, as observed since yesterday. Yesterday, the currency marked an intraday high at $3.21 and is currently trending upwards as it breaks the major...

BTC Hits Major Resistance at $8k; Manifests Possibility to Breach $10k


Bitcoin (BTC), at the time of writing, was trading at $8,324.48 and is seen trading in the green with an intraday bullish move. Just when we thought that we are losing on BTC investments, the king of the cryptocurrencies started to show its power. After a despairing latter half of the bygone year...

Market Update: Top Cryptos Face Strong Resistance Ahead


On January 6, digital currency markets saw decent gains as the entire crypto market capitalization surpassed the $200 billion mark at 3:50 p.m. EST. Since then most cryptocurrencies have tested heavy resistance and a slew of assets are being held back. Moreover, crypto trade volumes have increased...

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