Bitcoin (BTC) Price Watch: Market Presents Last Chance To Buyers

Bitcoin price struggled to climb above the $3,990 and $4,000 resistance levels against the US Dollar. The price declined again and retested the key $3,940 support area and the 100 hourly SMA. There is a short term bearish trend line in place with resistance at $3,980 on the hourly chart of the BTC/USD pair (data feed from Kraken). Buyers might have the last chance for an upside break above the $4,000 resistance. Bitcoin price is holding an important support near $3,940 against the US Dollar. BTC is likely to make…

Bitcoin Price Has Just a 5% Chance to Hit $10,000 in Next 6 Months

The chances of the bitcoin price reaching five figures within the next six months are growing slimmer by the day. Based on the current value of BTC options, cryptocurrency analysis firm Skew Markets has disclosed that the odds of bitcoin exceeding the $10,000 mark by September are now just 4.6 percent. Odds of bitcoin >10k by September = 4.6% What do you think? pic.twitter.com/5BVeRbETem — skew (@skew_markets) March 18, 2019 Additionally, the probability of bitcoin reaching slightly lower price targets are not that great either. For instance, the probability of…

Stellar Lumens (XLM) Rally as Volumes Double After IBM Move

Stellar Lumens up 11 percent from last week IBM and six banks sign a letter of intent for World Wire stable coin issuance Transaction volumes double in eight days With IBM single-handedly bringing on board six banks, XLM prices are surging and up 11 percent in the last week. We expect prices to edge higher in days ahead. If prices close above 15 cents, Stellar Lumens (XLM) could double to 30 cents Stellar Lumens Price Analysis Fundamentals Similar to Ripple, Jed McCaleb’s Stellar is a low-cost platform that enables cross…

Bitcoin Rages Bullish in Technical Indicators For the First Time Since 2017

In recent months, the substantial increase in the daily volume of bitcoin and the rest of the cryptocurrency market has led analysts to suggest that the overall trading activity in the market is rising. While some stated that the minimal impact on the bitcoin price despite the large movements of alternative cryptocurrencies show a small inflow of capital into the crypto market, the general sentiment regarding the asset class has improved. Join CCN for $9.99 per month and get an ad-free version of CCN including discounts for future events and…

Bitcoin (BTC) Price Watch: Rally Takes Break, But Not Likely Over

Bitcoin price climbed higher towards the $4,040 level before correcting lower against the US Dollar. The price declined below $4,000 and tested the key $3,940 support area. Recently, there was a break above a connecting bearish trend line with resistance at $3,970 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently moving lower, but it remains well supported near $3,940 and $3,920. Bitcoin price corrected gains recently below $4,000 against the US Dollar. BTC could bounce back as long as it is trading…

The 4 Cents Channel Stalling Ripple (XRP) Advancement

Ripple price stable and ranging Partnership with Forte is beneficial for XRP because of ILP integration Transaction volumes up averaging 25 million Even with CoinBase listing and plans of venturing into the multi-billion gaming industry via Forte, Ripple (XRP) prices are flat. Nevertheless, our XRP/USD is bullish, and with springs from 30 cents, XRP could rally above 34 cents and 40 cents. Ripple Price Analysis Fundamentals Ripple (XRP) performance has been dismissal and lagging in the last few days. On the one hand, there are expectations that prices will head…

The Current Bitcoin (BTC) Revival Propped By Low Volumes

Bitcoin prices up, banding along the upper BB Craig Wright sued for allegedly defrauding Dave Kleiman Transaction volumes low, averages must be above 40k for BTC to rally The family of Dave Kleiman is suing Craig Wright for $5 billion claiming that he unlawfully forged, backdated and signed off part of Dave’s share of around 1.1 million BTCs they had mined. Whether an eventual closure will see these BTCs liquidated or not, Bitcoin prices are recovering although with light trade volumes. Bitcoin Price Analysis Fundamentals Craig Wright is a controversial…

Bitcoin Price Slips at $4,000; A Minor Pullback Before a Major Rally?

Following a spike to $4,068 from the low $3,900 region, the bitcoin price has experienced a slight pullback to $4,000. While the price of bitcoin slightly differs from region to region, on average, bitcoin is currently being traded at $4,017. Join CCN for $9.99 per month and get an ad-free version of CCN including discounts for future events and services. Support our journalists today. Click here to sign up. 7-Day Bitcoin Price Chart (Source: Coinmarketcap.com) Against Tether (USDT) on Binance, bitcoin has dipped below the $4,000 mark to $3,975. Minor…

Cardano (ADA) Volumes Almost Double, CoinBase Could Trigger Rally

Cardano (ADA) price up 17.4 percent CoinBase could offer support for ADA Transaction averages almost double in the last two weeks After dropping from the top 10, Cardano (ADA) is up 17.4 percent in the previous week. Because of this, it is one of the top performers and could register more gains if CoinBase supports ADA. Cardano Price Analysis Fundamentals On one end, CoinBase never-ending controversy makes them appear weak. However, as the third most liquid exchange after Binance and Liquid, their influence cannot be written off. The CoinBase Effect…

Genuine Rally or Bull Trap?

Just two days after Cboe announced that it was going to delist bitcoin futures, the cryptocurrency’s spot market turned near-term bullish. The BTC/USD exchange rate surged 3.30-percent in the past 24 hours to establish a session high towards 4069. Simultaneously, the rest of the cryptocurrency market also went green, with Bitcoin Cash leading the bull pack with 17.81% gains, followed by Litecoin, EOS, and Ethereum that rose 8.44-, 5.47-, and 6.25-percent, respectively. On the whole, the cryptocurrency market capitalization added up to $6 billion worth of investments in a day.…