#Price Analysis News

ETH-USD Breaks Out to the Upside; Targeting $15.39

August 10, 2016 by Jamie Holmes at Ethereum, Price Analysis

ETH-USD broke above the upper limit of the previous range at $11.20 recently, confirming bullish momentum. Therefore, the market is now looking to establish further gains and participants should look to buy ETH-USD. A recent positive announcement from BTCS Inc. may enhance bullish sentiment for ether, as the company has...

ETH-USD Remains Stable, Deciding on Direction

August 8, 2016 by Jamie Holmes at Ethereum, Price Analysis

Volatility has subsided in ether markets over the past few days, with the markets unsure on the next direction for ETH-USD. After hardly changing over the past three days, ETH-USD is gyrating around the $11.00 psychological level. Volumes on the Kraken exchange have fallen as well. A time of low...

BTC-USD Exposed to Further Downside Following Bitfinex Hack

August 6, 2016 by Jamie Holmes at Bitcoin, Price Analysis

BTC-USD has continued downward today after posting a high at $583.97 on the BitStamp exchange during Thursday's trading session. The price action currently stands at $578.99, up just over 1 percent on today’s open. The effects of the Bitfinex hack will linger on and has so far contributed to bearish...

ETH-USD Surges on Bitfinex Hack; Eyeing $11.65

August 3, 2016 by Jamie Holmes at Ethereum, Price Analysis

The biggest beneficiary of the Bitfinex hack in crypto-markets today has been ether, bouncing from the $7 psychological support level to $9.70 at present on the Kraken exchange. Against bitcoin, ether has gained more than 10 percent so far today. Has the hack on Bitfinex made the market re-evaluate the...

Incoming Recession could Drive Aussies into Bitcoin

August 2, 2016 by Jamie Holmes at News, Price Analysis

Steve Keen, one of the few economists who foresaw and predicted the Global Financial Crisis, now warns of the prospect of a recession in Australia. He reckons Australia’s credit binge will lead to a sharp slowdown in economic activity and rise in unemployment as soon as next year. Keen also...

DASH-BTC Bullish Breakout Points to More Gains Ahead

August 1, 2016 by Jamie Holmes at Altcoins, Bitcoin, Commentary, News, Price Analysis

Today saw DASH-BTC break above the 0.01600 psychological level and the 24-hour volume in dollar terms has increased over 9%, suggesting more people are entering the market and interested in an upward move. DASH, which has the distinguishing feature of a protocol-level trustless mixing service, PrivateSend, has soared in value...

ETH-USD Dives on Continuing Division in Ethereum Community

July 29, 2016 by Jamie Holmes at Ethereum, News, Price Analysis

ETH-USD is down 1.8% on today’s open, trading at $12.61 at the time of writing as cryptocurrency exchanges start to voice their support for Ethereum Classic (ETC). Exchanges now control customer’s ETC holdings, which are proportional to the customer’s ETH holdings due to the hard-fork. Users are demanding that their...

Ethereum Classic and LISK Surge on Continuing Chasm in Ethereum’s Blockchain

July 26, 2016 by Jamie Holmes at Altcoins, Ethereum, News, Price Analysis

ETH-USD was cut short of our target at $16 with the market only managing to establish a fresh high above $15. Since then, volatility has increased markedly as the philosophical rift between Ethereum Classic and Ethereum continues to play out in the market. Exchanges have started to list the alternative...

Is BTC-USD Ready for a Test of $600?

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,...

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