Analysis

Ripple (XRP) Price Analysis: XRP Sees Small Price Increase But Is It In Danger Of Dropping?

XRP saw a 1% price increase over the past 24 hours of trading as it continues to trade above $0.17. XRP continues to find resistance at $0.18 and must break above here if we are to head higher. Whilst other cryptocurrencies fall, XRP witnessed a small 1% price increase over the past 24 hours of […]

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Bitcoin Price Analysis: BTC Drops Beneath Rising Price Channel. Are We Now Bearish?

Bitcoin saw a 2% price decline as the cryptocurrency drops toward the $6,100 level. This latest price drop has now caused Bitcoin to drop beneath the previous ascending price channel as the bearish case increases. Bitcoin continued with its rollover today as it dropped a further 2% from the opening price to reach the $6,131 […]

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Bitcoin Price Analysis: Why This Pattern is BTC/USD Ticket To $10,500?

Bitcoin price locked under the resistance at $8,000 despite recovery from $7,650. BTC/USD could easily ride on the inverted H&S pattern for the next bull run to $10,500. Bitcoin price is toying with the idea of completing an inverse head-and-shoulders (H&S) pattern. This follows a rollercoaster ride that saw the largest cryptocurrency drop by more […]

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Bitcoin Price Analysis: BTC/USD Ballistic Breakout Zooms Past $9,400 As $10,000 Draws Nearer

Bitcoin gains break $9,400 resistance for the first time in 2020. The tug of war between the bulls and the bears catches momentum following a dive under $9,400. Bitcoin price has corrected higher from $9,397 (opening value) on Wednesday to $9,431 (intraday high). The bullish strength emanates from the brief surge during the American session […]

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Bitcoin, Crypto UTXO Analysis Reveals Critical Onchain Insights

Jesus Rodriguez, of Into the Block, recently published some really interesting data on the UTXO sets of Bitcoin and other leading public blockchains. The data gives excellent insight to the actual way coins are being held and moved around by cryptocurrency users. Analysts Leverage UTXOs to Quantify Onchain Data UTXOs are Unspent Transaction Outputs. The […]

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Maintaining Transaction Privacy in the Age of Government Blockchain Analysis

On January 17, 2020, British tax collection department Her Majesty’s Revenue and Customs (HMRC) published an open contract seeking bid applications for tools that can track, identify and associate bitcoin transactions with real identities. Correspondingly, developers of such “intelligence gathering methods to identify and cluster Cryptoasset transactions” can apply for the £100,000 ($131,000) contract until […]

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New Analysis Finds That Mondays Are the Best Days to Buy Bitcoin

Bitcoin returns on investment differ based on what day of the week BTC was bought as well as other factors such as volatility and market cycle conditions. This week saw Bitcoin price (BTC) hitting the $9,000 barrier amid the launch of CME Bitcoin options and Plaid’s acquisition by Visa, reaching a record price for the […]

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Bitcoin & Crypto Market Signaling Downsides: BCH, XLM, EOS, TRX Analysis

The total crypto market cap is declining and it is below the $185.0B support. Bitcoin price is struggling to climb above $7,300 and it might decline below $7,000. BCH price is testing the $200 support and it could continue to slide. EOS price failed to stay above $2.600 and it is likely moving towards $2.500. […]

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Bitcoin And Crypto Market Eyeing Fresh Increase: BCH, BNB, EOS, TRX Analysis

The total crypto market cap is holding an important support area near the $185.0B level. Bitcoin price is struggling to continue higher and trading close to the $7,200 support. EOS price is down 2% and it is now trading near the $2.600 support area. Binance Coin (BNB) is down 3% and it failed to stay […]

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Bitcoin & Crypto Market Showing Bullish Signs: LTC, BNB, BCH, TRX Analysis

The total crypto market cap is slowly rising and it is now above the $185.0B support. Bitcoin price rallied recently, but it failed to climb above the $7,500 resistance. Binance coin (BNB) price is up more than 5% and it broke the $14.20 resistance area. Litecoin (LTC) price is slowly recovering and it is now […]

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Lightning Network Traffic Analysis Raises Questions Over Fees and Privacy

A new research paper provides what is perhaps the most informative series of snapshots simulating Lightning Network traffic over the past year. The paper, titled “A Cryptoeconomic Traffic Analysis of Bitcoin’s Lightning Network,” was written by a trio of Hungarian researchers: Ferenc Béres of the Institute for Computer Science and Control, István A. Seres of […]

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Ethereum Price & Technical Analysis: ETH Remains Under Pressure

Coinspeaker Ethereum Price & Technical Analysis: ETH Remains Under Pressure On Thursday, December 26th, the ETH grows slightly after the previous decline, trading at $125.72. On the whole, the ETH remains under strong pressure. Ethereum Price & Technical Analysis: ETH Remains Under Pressure Continue reading at Coinspeaker

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Analysis Which Called Bitcoin’s Drop to $6,000s Says 40% Rally Ahead

Earlier this year, in late-September, prominent Bitcoin analyst FilbFilb posted this chart below, showing that he expects for BTC to jump by dozens of percent to near $10,000, then collapse to the low-$6,000s to interact with the “miners bottom range.” While some laughed this off as pure bearish sentiment at the time, FilbFilb’s prediction was […]

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Wyckoff Analysis: Bitcoin Bottom Is In, Price Poised to Break Past $8,000

For months now, crypto investors have been asking if the Bitcoin (BTC) bottom is in. While the answer has mostly been no over the past few months, a number of analysts are becoming certain that the drop to $6,400 seen earlier this month was the final bout of decisively bearish price action this cycle. Related […]

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Bitcoin And Crypto Market On The Edge: BCH, Litecoin, EOS, XLM Analysis

The total crypto market cap is likely preparing for the next move above $190.0B. Bitcoin price is holding the main $7,000 pivot level and consolidating gains. Litecoin (LTC) price is currently struggling to settle above the $40.00 region. Bitcoin cash price is consolidating near the $185 level, with hurdles near $192 and $195. EOS price […]

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Bitcoin Price & Technical Analysis: Sellers Won’t Leave BTC

Coinspeaker Bitcoin Price & Technical Analysis: Sellers Won’t Leave BTC On Thursday, December 19th, the BTC is under pressure again, after the previous correction. It is currently trading at $7139.00 with the week’s minimum around $6430.00. Bitcoin Price & Technical Analysis: Sellers Won’t Leave BTC Continue reading at Coinspeaker

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Bitcoin Price Analysis: Is $6,500 The Main Sport Or Should You Belt Up for $5,500?

Bitcoin finds support above $6,500, but recovery is limited under $6,700. Bitcoin still faces a potential spiral to $5,500, especially if $6,500 support broken. Bitcoin bulls are coming together to defend the support at $6,500 after the bears extended the downside action under $6,600. The weekly low formed around $6,553 marked the end of the […]

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Bitcoin And Crypto Market Facing Hurdles: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is currently consolidating losses above the $188.0B support area. Bitcoin price is also trading in a range above the $7,000 support area. EOS price is holding the $2.500 support area and it is rising towards the $2.650 resistance. BCH price is also somehow holding the main $205 and $200 support […]

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Ethereum Price & Technical Analysis: Nothing Stops ETH from Declining

Coinspeaker Ethereum Price & Technical Analysis: Nothing Stops ETH from Declining On Thursday, December 12th, the ETH is still declining, trading at $141.83. Ethereum Price & Technical Analysis: Nothing Stops ETH from Declining Continue reading at Coinspeaker

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Bitcoin & Crypto Market Bleeding: BNB, BCH, LTC, EOS Analysis

The total crypto market cap is declining and struggling to stay above the $188.0B support. Bitcoin price is down more than 2% and it broke the $7,200 support area. Litecoin (LTC) price is declining and approaching the $43.20 support area. BCH price is somehow holding the main $200 support area. EOS price is sliding and […]

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Bitcoin Price Analysis: BTC/USD Deadly Bearish Pattern Targets $6,000

Bitcoin price continues with the hunt for fordable support or bottom. The forming falling wedge pattern likely to force a reversal above $8,000 and towards $9,000. Bitcoin has given up the support at $7,500 once again. The previous time BTC gave up the same support, the price plunged close to $7,000. The recovery on Friday […]

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Bitcoin Price & Technical Analysis: BTC Stopped Falling But for How Long?

Coinspeaker Bitcoin Price & Technical Analysis: BTC Stopped Falling But for How Long? BTC rate has stopped falling on Thursday, December 5th. The instrument is generally trading at 7331.00 USD. Bitcoin Price & Technical Analysis: BTC Stopped Falling But for How Long? Continue reading at Coinspeaker

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Crypto Price Analysis December 4: BTC, ETH, EOS, LTC, BCH

Coinspeaker Crypto Price Analysis December 4: BTC, ETH, EOS, LTC, BCH The bearish pressure on the market remains intact. However, the assets are testing the support level, and if the bulls manage to hold the levels, we should expect a good bounce up and an attempt of an upward movement. Crypto Price Analysis December 4: […]

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