Ethereum (ETH) Price Weekly Forecast: Larger Rally To $340 In Play

ETH price started a strong upward move and broke the key $300 barrier against the US Dollar. Bitcoin price gained momentum above $10,000 and $11,000 levels and is currently consolidating. There is a major ascending channel in place with support near $305 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is […]

Crypto Pundit Peter Schiff Says Gold Is In Early Bull Market, But Bitcoin Is a Sucker’s Rally

Bitcoin has drawn many comparisons to Gold, and is often referred to as the digital version of the precious metal and commodity due to its scarcity, potential as an economic hedge, and use as a store of value, among many others similarities the crypto asset and Gold share. Amidst increased trade tensions and a looming […]

Bitcoin (BTC) Price Primed To Rally Significantly Above $10K

Bitcoin price gained traction and broke the key $9,400 resistance area against the US Dollar. The price is currently climbing higher and it is likely to break the key $10,000 resistance. There is a major bullish trend line forming with support near $9,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). […]

Crypto Market Could Rally Further: Bitcoin Cash, BNB, EOS, TRX Price Analysis

The total crypto market cap gained momentum and climbed towards the $288.0B level. Bitcoin price surged more than 5% and it recently traded towards the $9,750 level. EOS price is likely to gain momentum once it settles above the key $7.000 resistance level. Binance Coin (BNB) is up more than 4% and it recently broke […]

Bitcoin Price Rally Stalls as Open Futures Hit Record Highs

View The bitcoin price rally seems to have stalled near $9,300 with the price-volume analysis suggesting scope for a minor pullback to $9,000-$8,700. Record open interest in bitcoin futures listed on the Chicago Mercantile Exchange indicates a surge in institutional interest. So, pullbacks, if any, will likely be short-lived. The long-term technical charts indicate scope […]

Analyst: Facebook’s Libra Could Introduce Billions of People to Bitcoin; Will It Help Fuel the Next Rally?

Earlier today the world gained insight into Facebook’s highly anticipated cryptocurrency project, dubbed Libra, which is widely expected to help boost the company’s e-commerce initiatives and to attract a significant amount of attention to Bitcoin and the crypto markets. Now, multiple cryptocurrency analysts are viewing Libra as a bullish development for Bitcoin and the aggregated […]

What’s Behind the New Rally?

By CCN Markets: The bitcoin price has surged by seven percent on the day, recording a 32 percent monthly gain and a 151 percent year-to-date gain against the U.S. dollar. The bitcoin price is up 32 percent in the past 30 days (source: coinmarketcap.com) The strong upside movement of the dominant cryptocurrency has occurred in […]

Dow’s Sudden Rally Erases 118 Point Loss Despite Chip Stock Meltdown

By CCN Markets: The Dow and broader U.S. stock market limped into Friday’s close after disappointing financial results from a leading chipmaker highlighted the dangers of a prolonged trade war with China. Dow Pares Losses; Nasdaq Endures Tech Blowback All of Wall Street’s major indexes struggled out of the gate Friday, reflecting a weak pre-market […]

ChainLink-Google Deal Is An Approval, A Link Mega Rally in Waiting?

Link prices surge, up 38.4 percent The involvement of Google may cement ChainLink’s position Google’s interest is enough to propel Link’s prices to new highs. Consequently, ChainLink may end up dominating the Oracle market. Thanks to yesterday’s announcement, Link is up 38.4 percent. However, this appears to be the early stages of a possible mega […]

Fundstrat Global Advisors Technical Analysis Points to Further Rally

In its new technical analysis, market research company Fundstrat Global Advisors says that cryptocurrencies are poised to make further gains, Bloomberg reported on June 13. Per the analysis, most digital currencies are trending upwards as relative-strength-index momentum has begun to turn upward from neutral. The tendency purportedly indicates strength in the markets. Rob Sluymer, a […]