Tag: price

Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Bearish Positions Increase No Comments

Key Highlights ETH price is struggling to move higher and is currently trading near the $290 level against the US Dollar. There is a major bearish trend line forming with resistance near $298 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to struggle as long as there is no close above the $298-300 levels. Ethereum price failed to gain traction again...


Max Keiser Expects Bitcoin Price to Reach $10,000 Once $7,000 is Broken No Comments

Max Keiser, a highly regarded financial analyst and the host of RT’s Keiser Report, expects to see the Bitcoin price achieve $10,000 in the short-term, if it surpasses the $7,000 mark. Keiser stated: “All key Bitcoin metrics, including price, zooming higher. $7,000 will soon fall. $10,000 is a fait accompli.” Key Factors For Bitcoin Price to Hit $10,000 Demand for bitcoin is increasing...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Not out of Woods No Comments

Key Highlights ETH price is holding a monster support area near $280.00 against the US Dollar. There is a short-term bearish trend line forming with resistance at $301 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair has to break the $301 resistance the 100 simple moving average (H4) to gain momentum. Ethereum price is neutral against the US Dollar, but under a lot ...


Bitcoin Price Could Reach $10,000 if China Resumes Cryptocurrency Trading This Year No Comments

Earlier today, on October 21, the Bitcoin price achieved a new all-time high at $6,199. The market is confident that the price of Bitcoin could reach $10,000 in the mid-term if major markets such as Japan and the US continue to strengthen. For third time this week, #bitcoin achieves new all-time high again at $6,199. When China resumes bitcoin trading, $8k realistic target? pic.twitter.com/H...


Prominent Hedge Fund Manager Expects Bitcoin Price to Achieve $1 Million in 10 Years No Comments

Mark Yusko, a prominent hedge fund manager and the founder & Chief Investment Officer at Morgan Creek Capital Management, stated that he expects the Bitcoin price to surpass the $1 million mark in the long-term. $1,000,000 (long-term) https://t.co/qRCB80u5ST — Mark Yusko (@MarkYusko) October 15, 2017 $21 Trillion Market Cap For Bitcoin, Possibility? Essentially, Yusko believes the m...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Remains in Bearish Zone No Comments

Key Highlights ETH price recoveries are capped by the $312-314 resistance zone against the US Dollar. There is a new connecting bearish trend line forming with resistance near $308 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might extend the recent slide and likely to test the $300-301 support area. Ethereum price is currently moving down against the US Dollar ...


Wall Street Analyst: Strong Case For Bitcoin Price Achieving $25,000 by 2022 No Comments

Tom Lee, a highly regarded Wall Street analyst and the co-founder of Fundstrat, believes the Bitcoin price would achieve $25,000 in the next five years, by 2022. Short-Term Price Trend of Bitcoin: At Least $6,000 by Mid-2018 In the short-term, by mid-2018, Lee explained that the price of Bitcoin would surpass the $6,000, based on the Metcalfe’s law. “If you build a very simple model valuin...


Ripple Price Falls by 9%, Struggles to Recover Despite Optimistic Developments No Comments

Within the past 24 hours, since October 18, the Ripple price has fallen by around 9 percent, from $0.23 to $0.21. Since October 16, in a three-day period, the price of XRP dropped from $0.289 to $0.21, by over 27 percent. Factors For Price Decline, Indicators of Recovery The price of XRP has likely fallen substantially in the past three days due to the major correction the cryptocurrency mar...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – Can ETH/USD Bounce Back? No Comments

Key Highlights ETH price declined below the $295 support against the US Dollar before finding support. Yesterday’s highlighted connecting bearish trend line with resistance at $301 was broken on the hourly chart of ETH/USD (data feed via SimpleFX). The price might struggle to gain momentum and likely to correct lower towards $300 once again. Ethereum price is slowly recovering agai...


Bitcoin is Much Better Than Fiat Says Billionaire Investor Tim Draper No Comments

At the World Knowledge Forum held in Seoul on October 17, Billionaire investor Tim Draper, who has been one of the key angel investors in the Bitcoin and cryptocurrency markets since 2014, stated that Bitcoin and other cryptocurrencies are much better than fiat currencies. In an interview with Bloomberg, Draper stated: “I think [Bitcoin is] neither [a fraud or a bubble]. If you ask me five y...


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