Bitcoin (BTC) Price Uptrend Intact: Bulls Sighting Fresh Increase

Bitcoin price started a downside correction below the $9,200 support against the US Dollar.
The price tested the $8,950 support area and it is currently moving higher towards $9,200.
There was a break above a declining channel with resistance at $9,120 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is showing positive signs and it could continue to rise if it breaks the $9,275 resistance.

Bitcoin price is currently moving higher and likely completed a downside correction against the US Dollar. BTC must break $9,220 and $9,275 to continue higher in the near term.
Bitcoin Price Analysis
After setting a new 2019 high near $9,472, bitcoin price started a downside correction against the US Dollar. The BTC/USD pair broke the $9,300 and $9,200 support levels to start the recent correction. It even spiked below the $9,000 support and the 100 hourly simple moving average. However, downsides were limited and the price formed a swing low near the $8,951 level.
The price is currently climbing higher and is trading above $9,050 plus the 100 hourly simple moving average. There was a break above the 23.6% Fib retracement level of the recent decline from the $9,472 high to $8,951 low. Moreover, there was a break above a declining channel with resistance at $9,120 on the hourly chart of the BTC/USD pair.
The pair is currently testing the 50% Fib retracement level of the recent decline from the $9,472 high to $8,951 low. If there is an upside break above the $9,220 level, the price could continue to rise in the near term. The next immediate resistance is near $9,275. It is near the 61.8% Fib retracement level of the recent decline from the $9,472 high to $8,951 low.
Therefore, a successful close above $9,275 might push the price towards the last swing high at $9,472. On the downside, an initial support is near the $9,070 level and the 100 hourly SMA. The main supports are $9,000 and $8,950, below which the price may perhaps extend its downside correction.

Looking at the chart, bitcoin price successfully held the $9,000 support area despite a couple of spikes. As long as the price is holding the $9,000 support and the $8,950 pivot, it could climb higher towards $9,400 and $9,500. Conversely, a downside break below $8,950 could put pressure on the bulls. The next key support is near the $8,740 level.
Technical indicators:
Hourly MACD – The MACD is slowly gaining momentum in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently just above the 50 level.
Major Support Levels – $9,070 followed by $9,000.
Major Resistance Levels – $9,220, $9,275 and $9,400.
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Ripple (XRP) Price Approaching Key Supports: Can Bulls Regain Strength?

Ripple price started a downside correction after rallying towards $0.4630 against the US dollar.
The price declined sharply and broke the $0.4400 and $0.4300 support levels.
This week’s followed bullish trend line was breached with support near $0.4365 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is currently holding the $0.4200 support level and is trading near a key resistance area.

Ripple price is currently struggling to hold gains against the US Dollar and bitcoin. XRP is likely to climb higher again as long as the $0.4200 support area is intact in the near term.
Ripple Price Analysis
Yesterday, we saw a sharp rise in ripple price above the $0.4400 resistance against the US Dollar. The XRP/USD pair even broke the $0.4500 resistance and rallied above $0.4600. Finally, a new weekly high was formed near $0.4631 and the price recently started a downside correction. There was a break below the $0.4500 and $0.4400 support levels. Moreover, the price traded below the $0.4300 level and the 100 hourly simple moving average.
The price tested the $0.4200 support level and formed a low at $0.4171. It is currently correcting higher above the $0.4250 level. Moreover, it is testing the 23.6% Fib retracement level of the recent decline from the $0.4631 high to $0.4171 low. Besides, there is a connecting bearish trend line forming with resistance at $0.4300 on the hourly chart of the XRP/USD pair.
If the pair surpassed the trend line and $0.4300, there could be a fresh increase. The next key resistance is near the $0.4400 level. Furthermore, the 50% Fib retracement level of the recent decline from the $0.4631 high to $0.4171 low is also near $0.4400.
Conversely, if the price fails to climb above $0.4300, it could decline once again. An immediate support is near the $0.4200 level, below which the price could test the $0.4100 support. The main support is near the $0.4000 level, below which the price is likely to move back in a bearish zone.

Looking at the chart, ripple price is clearly struggling to hold gains above $0.4200. It must climb above $0.4300 and $0.4320 to avoid any further losses. To start a fresh rally, the price must surpass the $0.4400 barrier. On the other hand, if the price fails to stay above $0.4200 or $0.4100, there are chances of an extended decline.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is likely to move back in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently correcting higher, but it is still below 50.
Major Support Levels – $0.4200, $0.4100 and $0.4000.
Major Resistance Levels – $0.4300, $0.4320 and $0.4400.
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Bitcoin Trend Overwhelmingly Bullish: Dips In BTC Remain Supported

Bitcoin price traded to yet another 2019 high near $9,470 and corrected lower against the US Dollar.
The price is trading nicely above the $9,200, $9,150 and $9,000 support levels.
There is a key breakout pattern forming with support near $9,220 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could correct towards the $9,150 or $9,000 support before it starts a fresh rally.

Bitcoin price is showing a lot of bullish signs above $9,000 against the US Dollar. BTC currently traded towards $9,500 and it remains well supported for more gains this week.
Bitcoin Price Analysis
After a minor downside correction, bitcoin price found support near the $9,150 level against the US Dollar. The BTC/USD pair remained well bid and started a fresh increase. It broke the last swing high near $9,392 and traded to a new 2019 high near the $9,473 level. However, the bulls failed to gain strength above $9,500 and the price started another downside correction.
BTC traded below the $9,300 support and the 23.6% Fib retracement level of the recent wave from the $8,830 low to $9,473 high. At the moment, the price is finding support near the $9,250 level. Moreover, there is a key breakout pattern forming with support near $9,220 on the hourly chart of the BTC/USD pair. If the pair breaks the $9,220 support, it could test the $9,150 support.
The 50% Fib retracement level of the recent wave from the $8,830 low to $9,473 high is also near the $9,150 level to act as a strong support. If there are more losses, the price might test the main support near the $9,000 level. An intermediate support is $9,075 and the 61.8% Fib retracement level of the recent wave from the $8,830 low to $9,473 high.
On the upside, an initial resistance is near the $9,320 and $9,350 levels. If the price surpasses the $9,350 level, it is likely to climb back above $9,400. In the mentioned case, the price could even trade to a new 2019 high above the $9,500 level in the near term. The next major hurdles are near $9,550 and $9,650.

Looking at the chart, bitcoin price seems to be struggling near $9,400 and $9,500. Therefore, there are chances of a short term downside correction below $9,250 before a fresh increase. Having said that, the price must stay above the $9,000 handle to avoid any major decline.
Technical indicators:
Hourly MACD – The MACD is slowly gaining momentum in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently just near the 50 level.
Major Support Levels – $9,150 followed by $9,000.
Major Resistance Levels – $9,350, $9,400 and $9,500.
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iFinex Buyback Could Spur Another Wave of Leo Demand, Price Up 8.2%

Leo adds 8.2 percent
The public open to tracking iFinex repurchase of Leo coins

Behind a surging coin, iFinex plans to open up to the public its buyback program. In an initiative called the UNUS SED LEO Transparency Initiative, the public will track how the parent company would purchase Leo from their gross revenue. Meanwhile, Leo is up 8.2 percent from last week’s close.
Leo Price Analysis
Fundamentals
There is noticeable progress. It all has to do with BitFinex and their effort of improving transparency. Through an initiative that will allow the public to track iFinex buying back and “burning” of Leo tokens, they hope the exchange’s reputation will improve. That is even if it is in slightest margins.
The initiative dubbed the UNUS SED LEO Transparency Initiative is no doubt a way of instilling confidence in an exchange struggling to accusations of commingling with Tether Limited funds to stay ashore.  Through an announcement, BitFinex said this initiative is around a “real-time token burn redemption mechanism,” adding that:
“Token burn mechanism will see iFinex and its affiliates buy back UNUS SED LEO from the market, at market rates and on a real-time basis, equal to a minimum of 27% of consolidated gross revenues of iFinex (exclusive of Ethfinex), until no more tokens are in commercial circulation.”
The announcement coincides with developing news that the exchange is stepping up its KYC and AML rules implementation. A user recently took to Twitter, sharing with the community an email from the exchange asking him to share additional details of his account. That, in the email, includes details and explanations of his objectives and activities.
Candlestick Arrangement

At the time of writing, Leo is three positions away from the top 10. Surging 8.2 percent from last week’s close, the asset is at 13th. Behind this resurgence is the fear of missing out (FOMO) that could even supersede candlestick arrangements.
However, a standout in all this is the performance of an asset that is rallying at the back of solid fundamentals and drives from the issuing company. Presently, May 20 bar overshadows these bullish sentiments. The bar is wide-ranging with decent trading volumes.
Despite a divergence between trading volumes and price, bulls will likely drive prices above May 20 highs. Optimism is because of the iFinex buyback program. Therefore, even if prices falter, support could be at $1.75 or worse $1.5 before buyers flow back.
Overly though, fundamentals mean loading is present on every dip in smaller timeframes. In that case, fitting stops would be at $1.75 and $1.5.
Technical Indicators
June 10 bar leads this trade plan. It has high trade volumes of 3.9 million versus 1.3 million. Any close above its high at $1.98 could spark demand as buyers momentum drive Leo towards May 30 high of $2.5
Chart courtesy of Trading View. Image Courtesy of Shutterstock
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Bitcoin (BTC) Price Defies Gravity: Next Bullish Break Could Hit $10K

Bitcoin price corrected lower sharply after trading to a new yearly high at $9,390 against the US Dollar.
The price remained well bid and it is back above the key $9,000 pivot level.
There is a crucial bullish trend line forming with support near $8,780 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to break the $9,260 and $9,300 levels to start the next bullish wave in the near term.

Bitcoin price surged higher above $9,000 and $9,300 against the US Dollar. BTC is currently gaining strength and it is likely to climb further above $9,400 and $9,500.
Bitcoin Price Analysis
In the past few days, bitcoin price consistently gained pace above $8,800 against the US Dollar. The BTC/USD pair did hit our most bullish targets, including $9,000 and $9,200. It even broke the $9,300 level and settled well above the 100 hourly simple moving average. The recent bullish wave took the price close to the $9,400 level and a new yearly high was formed at $9,392.
After trading as high as $9,392, there was a sharp downside correction. It spiked below the $9,100 and $9,000 levels. However, there was a quick reversal and the price settled above $9,000. Moreover, it climbed above $9,200 and recently formed a swing high at $9,255. It is currently correcting lower and tested the $9,150 level. The 23.6% Fib retracement level of the recent rally from the $8,830 low to $9,255 high is also near $9,155.
On the downside, there are many supports near the $9,100 and $9,050 levels. The main support is near $9,040 and the 50% Fib retracement level of the recent rally from the $8,830 low to $9,255 high is also near $9,155. If there are more downside, the price could revisit the $9,000 support. Besides, there is a crucial bullish trend line forming with support near $8,780 on the hourly chart of the BTC/USD pair.
On the upside, an initial resistance is near the $9,250 and $9,300 levels. If there is an upside break above $9,300 and a connecting bearish trend line, there could be more upsides. The next key resistances are near $9,400 and $9,500.

Looking at the chart, bitcoin price clearly recovered above $9,100 after a sharp downside correction. It is now trading nicely above $9,150 and it is likely to climb further above $9,300, $9,400 and $9,500 in the coming sessions. The main target this week could be $10,000.
Technical indicators:
Hourly MACD – The MACD is about to move back in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently well above the 50 level.
Major Support Levels – $9,040 followed by $9,000.
Major Resistance Levels – $9,300, $9,400 and $9,500.
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Crypto Market Targets $300 Billion Cap: Bitcoin Cash, EOS, TRX, ADA Analysis

The total crypto market cap gained momentum and broke the $260.0B resistance area.
Bitcoin price broke the main $9,000 resistance area and traded close to $9,400.
EOS price traded nicely above the $6.50 and $6.75 resistance levels.
Bitcoin cash price is trading above the $420 level and it could continue to rise towards $440.
Tron (TRX) price broke the $0.0330 resistance and it might continue to rise.
Cardano (ADA) price is slowly moving higher towards the key $0.1000 resistance.

The crypto market cap is surging above $265.0B, with sharp gains in bitcoin (BTC) and Ethereum (ETH). EOS, Tron (TRX), BCH, ripple, ADA, BNB, and other altcoins are trading with a positive bias.
Bitcoin Cash Price Analysis
After a successful close above the $400 level, bitcoin cash price climbed higher steadily against the US Dollar. The BCH/USD pair broke the $410 and $420 resistance levels. The pair is now trading nicely above the $425 level and it might continue to rise in the coming sessions.
On the upside, an initial resistance is near the $432 level, above which the price is likely to test the $440 resistance. On the downside, an initial support is near the $420 level, followed by $410.
EOS, Tron (TRX) and ADA Price Analysis
EOS price gained significantly after it broke the key $6.50 resistance level. The price climbed above the $6.75 resistance and the bulls were successful in a close above the $7.00 level. The next key resistances are near the $7.10 and $7.12 levels.
Tron price is rising slowly and it recently traded above the $0.0330 level. TRX price is currently climbing and it could test the $0.0340 resistance level. If there are more upsides, the price is likely to test the $0.0350 level in the coming sessions.
Cardano price is currently trading above the $0.0900 level, with a positive bias. ADA price must break the $0.0950 level to test the main $0.1000 resistance levels. If the bulls succeed in clearing $0.1000, there could be sharp gains towards the $0.1100 level.

Looking at the total cryptocurrency market cap hourly chart, there was a strong upward move after there was a break above the $255.0B and $260.0B resistance levels. The market cap even broke the $270.0B level and recently tested the $278.0B zone. It corrected lower, but the $264.0B level acted as a strong support. The current price action is positive, suggesting more gains above the $275.0B and $280.0B levels. If all goes well, the crypto market could even test the $300.00B level in the coming days. Therefore, more gains are possible in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and other altcoins.
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Ripple (XRP) Price Surging: Bulls Sighting Break Past $0.4500

Ripple price started a solid upward move and broke the $0.4200 resistance against the US dollar.
The price rallied above the $0.4400 level and recently started a downside correction.
There is a key bullish trend line forming with support near $0.4250 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair is placed nicely in an uptrend and it could continue to rise above $0.4400 and $0.4500.

Ripple price is showing positive signs above $0.4200 against the US Dollar, similar to bitcoin. XRP is likely to extend gains and the bulls seem to be eyeing a break above $0.4500.
Ripple Price Analysis
After a successful close above $0.4000, ripple price started a strong uptrend against the US Dollar. The XRP/USD pair broke the key $0.4200 and $0.4250 resistance levels to move further into the bullish zone. The pair even settled above $0.4250 and the 100 hourly simple moving average. Finally, there was a break above the $0.4400 level and a swing high was formed at $0.4424.
Recently, there was a sharp downside correction below the $0.4400 and $0.4300 levels. There was even a spike below the $0.4200 level and a swing low was formed at $0.4174. The bulls protected further declines and the price recovered sharply above $0.4200 and $0.4250. It cleared the 50% Fib retracement level of the recent slide from the $0.4424 high to $0.4174 low.
The current price action is positive and it seems like the price could continue higher above $0.4300. An immediate resistance is near $0.4340, and the 61.8% Fib retracement level of the recent slide from the $0.4424 high to $0.4174 low. Moreover, the price could gain momentum once it clears the $0.4400 resistance area. The next key resistance for the bulls is near the $0.4500 level.
On the downside, there are many supports near the $0.4260 and $0.4250 levels. There is also a key bullish trend line forming with support near $0.4250 on the hourly chart of the XRP/USD pair. Therefore, if the price corrects lower, it could find a strong support near the $0.4250 zone. Only a close below $0.4250 might start a major downside correction. The next key supports are near $0.4150 and $0.4120.

Looking at the chart, ripple price is clearly gaining momentum above $0.4250 and $0.4300. As long as the price is above $0.4250, there are chances of more upsides above $0.4400 and $0.4500.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is slowly moving in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now well above the 50 level, with a flat bias.
Major Support Levels – $0.4260, $0.4250 and $0.4150.
Major Resistance Levels – $0.4340, $0.4400 and $0.4500.
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Ethereum (ETH) Price Remains In Uptrend: Break Above $280 Imminent

ETH price remained in a positive zone and recently traded above the $275 resistance against the US Dollar.
The price is currently correcting lower, but it remains well supported near $265 and $262.
There is a major bullish trend line forming with support near $266 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is likely to grind higher and it might soon surpass the $278 and $280 resistances.

Ethereum price gained bullish momentum above $265 versus the US Dollar, but declined vs bitcoin. ETH price remains in a positive zone, with high chances of an upside break above $280.
Ethereum Price Analysis
In the past few days, there was a steady rise in Ethereum price above the $250 resistance against the US Dollar. The ETH/USD pair cleared the $265 resistance area and the 100 hourly simple moving average. Recently, the price even cleared the $270 and $275 resistance levels. A new monthly high was formed near $279 before the price started a downside correction.
There was a sharp downside correction below the $275 and $270 levels. The price even spiked below the $265 level, but the 100 hourly simple moving average acted as a strong support. Moreover, there is a major bullish trend line forming with support near $266 on the hourly chart of ETH/USD. The pair bounced back above $268, and the 50% Fib retracement level of the last slide from the $279 high to $263 low.
However, the upward move was capped by the $272-274 zone. It seems like the 61.8% Fib retracement level of the last slide from the $279 high to $263 low is acting as a resistance. The price already made two attempts to clear $272 and it is currently moving lower.
On the downside, the price remains well supported near the $268 and $266 levels. The trend line support and the 100 hourly SMA near $264 are crucial barriers for sellers. As long as the price is above $264, it is likely to bounce back. A clear break above the $272 level may perhaps push the price further higher.

Looking at the chart, Ethereum price is clearly trading with a positive bias above the $260 and $264 levels. On the upside, a break above the $272 level might call for more gains above $275 and $278. Once the price surpasses the $280 barrier, it could rally towards $288 and $292 in the coming sessions.
ETH Technical Indicators
Hourly MACD – The MACD for ETH/USD is about to move back in the bullish zone, with positive signs.
Hourly RSI – The RSI for ETH/USD is still above the 50 level, with a few positive signs.
Major Support Level – $264
Major Resistance Level – $278
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Bitcoin (BTC) Price Breaks $9k: Next Possible Target $10K

There were sharp gains in bitcoin price above the $8,000 resistance area against the US Dollar.
The price rallied above the $8,500 and $8,800 resistance levels to move into a positive zone.
There is a major bullish trend line forming with support near $8,650 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is currently trading above the $9,000 level and it could continue higher towards the $10,000 level.

Bitcoin price is gaining bullish momentum above $9,000 against the US Dollar. BTC is likely to accelerate higher and it could even break the $10,000 level in the near term.
Bitcoin Price Weekly Analysis (BTC)
This past week, bitcoin price found a strong support near the $7,500 level against the US Dollar. As a result, the BTC/USD pair started a strong upward move above the $8,000 and $8,500 resistance levels. The price even settled above the $8,500 resistance and the 100 simple moving average (4-hours). Moreover, there was a clear break above the $8,800 resistance area.
Finally, the price spiked above the $9,000 level and it is currently trading with a strong bullish bias. On the downside, an initial support is near the $9,000 level. The next support is near the $8,800 and $8,780 levels. It represents the 23.6% Fib retracement level of the last wave from the $8,020 low to $9,027 high. Moreover, there is a major bullish trend line forming with support near $8,650 on the 4-hours chart of the BTC/USD pair.
If there is a downside break below the trend line, the price could test $8,500. The 50% Fib retracement level of the last wave from the $8,020 low to $9,027 high is also near the $8,520 level. On the upside, an immediate resistance is near the $9,080 and $9,100 levels. If there is an upside break above $9,100, the price could surge further higher in the coming sessions.
The next target for the bulls could be near the $9,500 level. However, there are high chances of more gains and the price might even rally towards the $10,000 level in the near term.

Looking at the chart, bitcoin price seems to be trading with a strong bullish momentum above $8,500 and $8,800. Therefore, there are high chances of more upsides above the $9,100 and $9,500 levels. On the downside, the $8,800 and $8,500 levels are likely to act as major supports for the bulls.
Technical indicators
4 hours MACD – The MACD for BTC/USD is gaining momentum in the bullish zone.
4 hours RSI (Relative Strength Index) – The RSI for BTC/USD is currently in the overbought zone, with no bearish sign.
Major Support Level – $8,500
Major Resistance Level – $9,500
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Ethereum (ETH) Price Weekly Forecast: Break Above $300 Likely

ETH price rallied recently and broke the $260 and $265 resistance levels against the US Dollar.
The price is currently trading near the key $275 resistance, above which it could rally further.
There is a major bullish trend line forming with support at $265 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair is likely to break the $275 resistance and it could even test the $300 resistance area.

Ethereum price is gaining bullish momentum against the US Dollar, similar to bitcoin. ETH is likely to accelerate higher towards the $290 and $300 resistance levels in the near term.
Ethereum Price Weekly Analysis
This past week, Ethereum price started a steady rise from the $230 support area against the US Dollar. The ETH/USD pair broke many resistances, including $245 and $250. There was also a close above the $250 resistance and the 100 simple moving average (4-hours). Moreover, the price rallied above the $260 resistance and recently tested the key $275 resistance area.
A swing high was formed at $274.25 and the price is currently trading with a positive bias. An initial support is near the 23.6% Fib retracement level of the last wave from the $252 low to $274 swing high. Moreover, there is a major bullish trend line forming with support at $265 on the 4-hours chart of ETH/USD. If there is a downside break below the trend line, the price could even break the $262 support area. An intermediate support is near the 50% Fib retracement level of the last wave from the $252 low to $274 swing high.
The main support on the downside is near the $260 level. It represents the 61.8% Fib retracement level of the last wave from the $252 low to $274 swing high. On the upside, the $275 level is a crucial resistance. If there is an upside break above $275, the price could rally further above the $280 level.

The above chart indicates that Ethereum price is clearly trading in a strong uptrend above $265 and $260. As long as the price is above $260, there are chances of more upsides in the near term. The next key resistance above $275 is near the $288 level. If the price continues to rise, it could even break the $300 handle in the coming sessions. The next major hurdles for the bulls is near the $310 level.
Technical Indicators
4 hours MACD – The MACD for ETH/USD is slowly gaining pace in the bullish zone.
4 hours RSI – The RSI for ETH/USD is currently well above the 60 level and it could rise further above 70.
Major Support Level – $260
Major Resistance Level – $275
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Crypto Market Rallies $15 Billion: Bitcoin Cash, Litecoin, EOS, XLM Analysis

The total crypto market cap gained momentum and broke the key $252.0B resistance area.
Bitcoin price surged above the $8,500 and $8,650 resistance levels.
Litecoin (LTC) price remains in a strong uptrend and is trading nicely above $134.
Bitcoin cash price is grinding higher towards the $420 and $425 resistance levels.
EOS price is back above the $6.50 level and it may even break the key $6.75 resistance area.
Stellar (XLM) price is about to gain momentum above the $0.1250 level.

The crypto market cap gained sharply, with positive moves in bitcoin (BTC) and Ethereum (ETH). Altcoins such as LTC, ripple, bitcoin cash, EOS, TRX, and stellar are also moving higher.
Bitcoin Cash Price Analysis
Bitcoin cash price finally broke the $400 resistance against the US Dollar to move into a positive zone. The BCH/USD pair even cleared the $405 resistance and it is currently trading above the $410 level. An immediate resistance on the upside is near $420, above which there are chances of more gains above $425.
On the downside, the $410 level might act as a decent support, below which there is a risk of a drop back towards the $400 or $395 support.
Litecoin (LTC), EOS and Stellar (XLM) Price Analysis
Litecoin price settled above the $130 level and it is currently moving higher. LTC price is currently up more than 3% and it is likely to climb above the $135 and $138 levels. The main resistance for the bulls is near the $140 level. On the downside, the recent resistance at $130 could provide support.
EOS price managed to gain traction above the $6.45 and $6.50 resistance levels. The price is now trading nicely above the $6.60 level and it might continue to rise in the near term. The next key resistances are near $6.70 and $6.75.
Stellar price is trading well above the $0.1200 support level and it is slowly moving higher. XLM price is about to break the $0.1250 resistance and it could continue to rise towards the $0.1280 and $0.1300 levels.

Looking at the total cryptocurrency market cap 4-hours chart, there was a decent upward move from the $246.0B swing low. The market cap broke the main $250.0B and $252.0B resistance levels. It added more than $10B and grinded above the $260.0B level. A swing high was formed near $263.1B and it is currently correcting lower. An immediate support is near the $257.0B level, followed by a connecting bullish trend line with support near the $255.0B level. As long as the market cap is above the $250.0B pivot level, there could be more upsides in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, ADA, BNB, TRX, ICX, and other altcoins in the coming sessions.
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Bitcoin Price Jumps Above $8,700 following Binance US Closure

Bitcoin is becoming a hedging instrument even against the rest of the cryptocurrency market.
The largest cryptocurrency profited as much as 6 percent on Friday to close above $8,700. At the same time, other leading cryptocurrencies, such as Ethereum, Litecoin, and EOS, trended in negative territory. The massive contrast between the bitcoin and the rest of the cryptocurrency market indicated a capital flight. Traders suggestively exchanged a bulk of altcoins for bitcoin as a safety measure against the latest Binance announcement.
The Malta-based cryptocurrency exchange, which accounted for the highest global cryptocurrency volume, announced on Friday that it is barring US customers from accessing its services. The announcement indicated that Binance would lose about 15 percent of its net monthly traffic, amounting to over 40 million customers. The firm’s sudden shutting down reportedly prompted the US customers to withdraw a large number of altcoins, which included Binance’s very own native token BNB coin.
Binance Coin (BNB) Dropped Close to 18% on Friday | Image Credits: TradingView.com
The BNB price dropped by as much as 17 percent against the BTC on Friday.
Bitcoin against Altcoin Liquidity Crisis
Alex Krüger, a prominent market analyst, said today that Binance’s issues with its US customers are bullish for bitcoin. He cited Tether, the company behind the controversial stablecoin USDT, to explain the correlation of bitcoin with the rest of the altcoin market. In April 2019, the New York Attorney General’s office on April 25 announced that it had obtained a court order against Tether and its associate firm BitFinex for allegedly hiding $850 million loss from USDT investors.
“Upcoming Binance’s issues with US residents = Bullish for BTC,” wrote Krüger. “This was even clearer than with April’s Tether “FUD.” Speculators are supposed to act on meaningful news, not just theorize about it.”

Upcomimg Binance's issues with US residents = Bullish for $BTC. This was even clearer than with April's Tether "FUD". Speculators are supposed to act on meaningful news, not just theorize about it. https://t.co/7bAfEOiXTW
— Alex Krüger (@krugermacro) June 14, 2019

Also, in October 2018, USDT dropped its dollar-peg to fall to its 18-month low of $0.92. The slide in the stablecoin pushed bitcoin $600 higher on BitFinex.
What’s Now for Bitcoin
The bitcoin market’s intraday arrangements point to a small downside correction, according to its overbought Relative Strength Indicator on Coinbase daily chart. Nevertheless, market analyst Josh Rager suggest that the cryptocurrency has fuel to retest $8,750, given it manages to float above $8,000.
“Break and close above $8,948 is bullish,” he added.

$BTC…
Nice break up out of that rising wedge, big players painted it perfect on the chart to trap many into shorting followed by liquidations
Would like to see a pullback to $8500s before another retest to break above $8750
Break & close above $8948 is bullish pic.twitter.com/bAlkGNFxz2
— Josh Rager (@Josh_Rager) June 15, 2019

Pseudonymous analyst BitBit believes bitcoin is due for a much larger upside move than what is suggested by Rager. He measured the cryptocurrency based on monthly performance, stating that it could continue its bull run to touch the five-figure status.
“I’m saying above 10k by the end of the month, might even touch 11k,” said BitBit.
The bitcoin price was trading at $8,645 at the time of this writing.
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Bitcoin (BTC) Price Hits First Target: Can Bulls Hit $8.8K or $9K?

Bitcoin price is n a positive zone and recently climbed above the $8,500 level against the US Dollar.
The price is gaining momentum and it seems like it could even trade towards the $8,800 level.
There is a major bullish trend line forming with support near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might dip a few points, but it remains well bid above the $8,460 pivot level.

Bitcoin price extended gains above the $8,500 resistance against the US Dollar. BTC is showing a lot of bullish signs and it could make an attempt to surpass $8,800 in the near term.
Bitcoin Price Analysis
Yesterday, we discussed the possibility of bitcoin price hitting the $8,500 mark against the US Dollar. The BTC/USD pair did gain momentum above the $8,300 resistance and settled above the 100 hourly simple moving average. It opened the doors for more gains and the price rallied above the $8,400 and $8,500 resistance levels. Additionally, the upward move was strong as the price even broke the $8,600 level.
There was a spike above the $8,700 level and the price traded to a new monthly high at $8,741. It is currently correcting lower below $8,700. Moreover, it is testing the 23.6% Fib retracement level of the recent rally from the $8,184 low to $8,741 high. On the downside, there are many supports near the $8,600 and $8,700 levels.
Furthermore, there is a major bullish trend line forming with support near $8,500 on the hourly chart of the BTC/USD pair. The main support is near the $8,460 level. It coincides with the 50% Fib retracement level of the recent rally from the $8,184 low to $8,741 high. Therefore, if there is a downside break below $8,460, the price could retest the $8,300 support area.
On the upside, an initial resistance is near the $8,740 and $8,750 levels. If there is an upside break above $8,750, the price is likely to surge above the $8,800 resistance area. The next key resistance is near the $9,000 level.

Looking at the chart, bitcoin price is clearly gaining bullish momentum above the $8,500 level. Therefore, there are chances of more upsides above the $8,750 and $8,800 levels. In the short term, there could be a downside correction, but the $8,460 level might provide support. The main uptrend support is now near the $8,300 level in the near term.
Technical indicators:
Hourly MACD – The MACD is currently reducing its bullish slope, with a few negative signs.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently correcting from the overbought zone.
Major Support Levels – $8,500 followed by $8,460.
Major Resistance Levels – $8,750, $8,800 and $9,000.
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The Path To Evolution Is Behind Dash’s Resurgence, Add 5.4%

Dash bulls in control, prices up 5.4 percent
ChainLocks is an assurance of Dash security

Before Evolution, the latest Dash upgrade introduces ChainLocks. It is a shield against the disastrous effects of a Majority Attack. Since the benefits of Evolution are massive and instills confidence, Dash prices responded. At the time of writing, it is up 5.4 percent from last week’s close.
Dash Price Analysis
Fundamentals
Capitalizing on a horrendous leadership, Dash is quite literally replacing the worthless Venezuelan Bolivar. Decimated by hyperinflation, cryptocurrency is, by and large, the perfect choice for Venezuelans.
Perhaps to bulwark its network against attacks, which can be government-sponsored in some scenarios, Dash upgraded. Introducing ChainLocks, the system can successfully rebuff attempts of a Majority Attack. Besides, Dash holders can instantly “re-spend Dash upon receipt via Long-Living Masternode Quorums (LLMQ)-Based InstantSend.”
Always building towards Evolution, this software improvement sets Dash apart from competing networks with similar purposes. Bitcoin Cash, for example, pitch their services under the same theme. However, it lacks in numbers, and the overly, the median transaction value says it all.
On the contrary, Dash is already striking partnerships and creators are steadfast on its road map. Ideally, the activation of Evolution will be momentous for the network. By radically introducing features that first and foremost place clients at the fore, Dash settlement speed will sharply improve while simultaneously boosting security. That will be on top of blockchain user names and contact lists replacing cryptographic hashes that are complex, slowing down adoption.
Candlestick Arrangements

Currently, Dash is languishing at 16th with a market cap of $1,365 million, adding a mere 5.4 percent week-to-date. Nevertheless, like most crypto assets, there is an overall recovery in price. Trading in a bullish breakout pattern, Dash bulls in the driving seat. Thanks to the dips of late May and early June, the retest phase is complete.
Marking the rebound is a three-bar bull reversal pattern of June 3rd through to June 10th. With increasing trading volumes, bears were slowed down. Because of this, there is an opportunity for traders to buy the dips while aiming at $180.
Fitting safety net will be at $140. On the other hand, conservative traders can wait for clearance of May high at $180. Once that prints out, traders can flow back with a modest target of $215.
Technical Indicators
In light of the above, any break above $180 ought to be with high participation. As a result, the May 25th inverted hammer anchors this trade plan. Behind the rejection of higher prices are high trading volumes of 6k.
Therefore, confirmation of buyers should be with equally high trading volumes lifting prices above $180 to $215 in a buy trend continuation.
Chart courtesy of Trading View. Image Courtesy of Shutterstock
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Bitcoin (BTC) Price Gaining Momentum: Break Above $8,500 Likely

Bitcoin price extended gains recently and broke the $8,100 and $8,200 resistances against the US Dollar.
The price seems to be setting up for more gains above the $8,300 resistance area.
There is a crucial bullish trend line forming with support near $8,140 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is placed nicely above the $8,100 pivot level and it seems like there could be more upsides.

Bitcoin price traded to a new weekly high above $8,300 against the US Dollar. BTC is showing a lot of positive signs and it could even rally towards the $8,500 resistance area.
Bitcoin Price Analysis
In the past few sessions, there was a steady rise in bitcoin price above the $8,000 barrier against the US Dollar. The BTC/USD pair gained bullish momentum above $8,150 and even broke the $8,200 level. Recently, the price broke the last swing high and traded above the $8,300 level. A new weekly high was formed at $8,344 before the price started a downside correction.
Still, the price is trading well above the $8,000 level and the 100 hourly simple moving average. It corrected below the $8,250 level and the 23.6% Fib retracement level of the recent leg from the $8,006 low to $8,344 high. However, the recent decline is finding bids near the $8,175 level. It represents the 50% Fib retracement level of the recent leg from the $8,006 low to $8,344 high.
On the downside, there are many supports near the $8,175 and $8,150 levels. Moreover, there is a crucial bullish trend line forming with support near $8,140 on the hourly chart of the BTC/USD pair. The trend line support coincides with the 61.8% Fib retracement level of the recent leg from the $8,006 low to $8,344 high.
Therefore, as long as the price is above the $8,140 level, it is likely to continue higher. On the upside, an initial resistance is near the $8,300 level, followed by the $8,344 high. If there is an upside break above $8,344, the price is likely to climb higher towards the $8,500 resistance area.

Looking at the chart, bitcoin price is clearly trading in a positive zone above the $8,150 and $8,100 support levels. The main support is near $8,000, below which the price may perhaps move into a bearish zone. The current price action is positive, suggesting an upside break above the $8,300 and $8,350 levels in the near term.
Technical indicators:
Hourly MACD – The MACD is about to move back in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently moving higher towards 60 and 65.
Major Support Levels – $8,150 followed by $8,100.
Major Resistance Levels – $8,300, $8,350 and $8,500.
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