Analysis

MrBitcoin November 9, 2018

Key Points Bitcoin cash price declined recently and broke the $575-580 support against the US Dollar. There is a major bearish trend line in place with resistance at $582 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may continue to slide and it could even test the $550 support […]

MrBitcoin September 28, 2018

Key Highlights ADA price found support near $0.0750 and traded higher against the US Dollar (tethered). There was a break above a key bearish trend line with resistance at $0.0815 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair could continue to move higher towards the $0.0900 and $0.0950 levels […]

MrBitcoin August 13, 2018

Key Highlights ADA price extended declines and traded to a new monthly low at $0.1070 against the US Dollar (tethered). There is a crucial bearish trend line formed with resistance near $0.1170 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair could drop further if buyers fail to push the […]

MrBitcoin July 19, 2018

Key Highlights Ripple price made a nice upside move before facing sellers near $0.5245 against the US dollar. There was a break below a crucial bullish trend line with support at $0.4950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently trading near a major support zone at […]

MrBitcoin July 5, 2018

Key Highlights Ethereum classic price is placed in a bullish zone above the $16.50 support against the US dollar. There is a connecting resistance trend line formed with current hurdle near $17.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is likely to make an upside move above the […]

MrBitcoin June 24, 2018

Key Points Bitcoin cash price broke many supports and traded below $800 against the US Dollar. There is a crucial bearish trend line in place with resistance near $820 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair is likely to continue its decline as long as it is below […]

MrBitcoin June 10, 2018

Key Points Bitcoin price is placed nicely above the $7,200 level with positive signs against the US Dollar. There is a key bearish trend line in place with resistance at $7,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must accelerate gains above the $7,750 and $7,800 barriers for […]

MrBitcoin May 27, 2018

Key Highlights ETH price settled below the $600 support level with negative signs against the US Dollar. There is a crucial contracting triangle forming with current support at $580 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may well make the next move either above $600 or below $580 in the […]

MrBitcoin January 30, 2018

Besides NEO, which is now testing key resistance line in the 4HR chart, IOTA, EOS and LTC are trending lower. Even though I expect LTC to find footing and gain bullish momentum, EOS looks likely to trend lower in the coming days as price action corrects a possible over-valuation following a close above the BB […]

MrBitcoin January 12, 2018

We are closing in on the end of the European session in the bitcoin space on Friday and the end of the week is fast approaching. This has been something of a rough week for many bitcoin traders and holders, with price maintaining a pretty substantial downside trend throughout the majority of the major sessions […]