#Price Analysis

July 25, 2016 by Jamie Holmes at Bitcoin, News, Price Analysis

After failing to sustain above $660, is BTC-USD now heading south to test psychological support at $600? After finding support at $645, BTC-USD tried to break above $660 but this has been rejected today. At the time of writing the price is $656.85 on the BitStamp exchange, down almost 1...

BTC-USD Looking for Support After Fresh High at $684.19

July 18, 2016 by Jamie Holmes at News, Price Analysis

Today’s calm price action can be taken as a signal: Buyers should look for an entry into good positions to take advantage of increased volatility when it does arrive. BTC-USD has hardly moved from today’s opening price, currently trading at $677.00 on the BitStamp exchange. After gaining around $17 yesterday,...

ETH-USD Reversing Long-Term Downtrend; Eyeing $16.08

July 15, 2016 by Jamie Holmes at Ethereum, News, Price Analysis

The long-term downward trend for ETH-USD has been cut short with the $10 level holding as strong psychological support. ETH-USD has benefited from higher volumes across exchanges and seen gains, trading above $12.00 at the time of writing . Coinbase is looking to add Ether direct purchases and its GDAX...

Price Analysis: Will Selling Pressure Intensify for BTC-USD?

July 13, 2016 by Jamie Holmes at Bitcoin, News, Price Analysis

Increasing trading volumes over the past three days has helped to propel BTC-USD to a recent high of $678.00 on the BitStamp exchange. However, today buying interest has dampened with the price retreating to $661.18 at the time of writing. Yesterday, the market managed to close above the base line...

ETH-USD Looks to Resume Downward Move After Friday’s Bounce

July 11, 2016 by Jamie Holmes at Ethereum, News, Price Analysis

A daily close below minor resistance at $10.7105 today should see ETH-USD extend further to the downside over the long-term. This is also supported by volume indicators showing increased selling interest today across major exchanges. The short-term outlook also looks bearish with a resistance zone around $11.00 which could provide...

The Halving: What Bitcoin’s Block Reward Milestone Means

July 9, 2016 by Jamie Holmes at Bitcoin, Commentary, News, Price Analysis

Today the 420,000th block of bitcoin’s blockchain was mined, bringing about the first reduction in the mining reward since 2012. Computer processing power around the world combines to secure bitcoin’s network and verify transactions; the reward they get for mining a single block is now 12.5 bitcoin, falling from 25.0....

Bitcoin Trading at a Discount on Venezuelan Exchange, Dragging BTC-USD Lower

July 7, 2016 by Jamie Holmes at News, Price Analysis

Bitcoin has entered into panic sell mode as news comes out of Venezuela that the virtual currency is trading at a very significant discount. It seems to be a desperate attempt to liquidate positions or it could be due to disruption of the SurBitcoin operations by authorities. The short-term outlook...

BTC-USD Rejected at $680; Awaiting Market’s Decision on Direction

July 5, 2016 by Jamie Holmes at Bitcoin, News, Price Analysis

BTC-USD has been rejected twice at the $680, seeing strong selling interest over the past couple of days. On the BitStamp exchange, BTC-USD is currently trading at $670.00, down 1.52 percent on the day’s open. While over the long-term daily timeframe, the market looks to be calm and indecisive on...

ETH-USD Breaks Below Support Zone, Forecasting Long-Term Dive

July 5, 2016 by Jamie Holmes at Ethereum, News, Price Analysis

A long-term downtrend for ETH-USD looks to have been confirmed by almost all of the Ichimoku indicators today, as the price moves below the cloud’s zone. The red cloud has started moving down as well as the base (dark-red) and conversion (blue) lines, illustrated by the chart below. After previously...

Sellers Dominate ETH-USD Trading as Uncertainty Lingers

July 1, 2016 by Jamie Holmes at News, Price Analysis

ETH-USD is currently down over 3 percent on the Kraken exchange, trading at $12.04536 at the time of writing. Even though a ‘hard-fork’ has been proposed to address the attack on The DAO, uncertainty over the outcome of this solution has plagued the market and seen sellers dominate. Exchanges will hold...

Pages: « 18 19 20 21 22 23 24 25»