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In the cryptocurrency market, a downward price correction is normal when the coins are preparing for a Bitcoin bull run. Four days ago, Bitcoin crossed the $4,000. Since then, the price has corrected downward up to three times. In today’s cryptocurrency market update, Bitcoin and other top cryptocurrencies once again attempting a downward correction against the USD. Bitcoin (BTC) Price Today – BTC / USD Name Price24H (%)$3,980.33 -0.02% Bitcoin (BTC) Price Today: Will The Bitcoin Bull Run Come? Ever since the best Bitcoin bull run recorded in history (the 2017/2018 bull rally), the cryptocurrency market has been waiting eagerly for a similar event. Unfortunately, the greatest Bitcoin bull run was followed by a 15-month long cryptocurrency winter that cost BTC more than 80% of its value from its all-time high. This is why every minor rally counts. The latest Bitcoin rally isn’t as good as the 2017/2018 rally but it was significant because it took the price of BTC higher than the key ..
For several days, the Bitcoin price prediction 2019 has placed Bitcoin below the resistance at $4,000. Almost every outlet reporting Bitcoin price news has predicted that breaking this resistance will cause the price of Bitcoin to surge significantly against the USD in a new bull rally that will save the entire cryptocurrency market. At the end of trading yesterday, the price of Bitcoin was down by 1%. Bitcoin Price Prediction 2019: Bitcoin Price Fails To Cross The $4,000 Resistance Again On Monday afternoon, BTC was up by 0.22% trading at $3,839. This was 1.5% lower than the levels in Sunday afternoon and 2.7% lower from Sunday’s high of $3,950. Different cryptocurrency experts are giving their unique Bitcoin price prediction 2019. eToro’s Mati Greenspan said that the live price action of Bitcoin is an indication that the cryptocurrency winter may be coming to an end. In his words: “With bitcoin lagging behind while other cryptos surge, the feeling is that the crypto winter is comin..
Last year, the Ethereum price prediction 2019 was bearish. Many analysts were of the opinion that ether, the native token of the Ethereum blockchain, will fall even lower against the USD. This is because of all the cryptocurrencies that suffered from the bearish pressure during the cryptocurrency winter, ETH was among the biggest losses. Surprisingly, the price of ETH started bouncing back in December and January. After falling as low as $80, ETH doubled its value within a month trading as high as $160 before it started correcting lower against the USD. Ethereum Price Prediction 2019: ETH Price Analysis For a while now, ETH has been facing strong resistance at $140. The second cryptocurrency per market capitalization has been unable to cross this resistance. The good thing is that the price was able to clear the $134 support level and had a bullish trendline at $132. If ETH is able to cross the resistance at $140, there will be a more significant price surge. Ethereum (ETH) Price Tod..
The cryptocurrency market seems to be improving as the price of BTC has remained relatively stable over the past seven days. While this isn’t the bull run everyone hoped for, it is better than a price drop. This is happening at a time when the traditional stock market is experiencing a boost. Keep in mind that the stock market didn’t do so well last year just like cryptocurrencies. Cryptocurrency Price Analysis Within a 24 hour period, Bitcoin, the flagship cryptocurrency, is up by 0.2% against the USD. At press time yesterday, BTC was trading at $3, 470. The weekly trends show that it is up by 0.26% within a seven-day period and down by 8.6% over a 30-day period. On the 4th of January, it sold as high as $3,799. Right now, BTC is trading at $3,459.11. It is down by 0.24% against the USD with a trading volume of $5,373,894,889 and a market capitalization of $60,604,018,679. Bitcoin (BTC) Price Today – BTC / USD Name Price24H (%)$3,463.59 0.56% XRP (XRP), the second largest cryptocur..
During the weekend, the cryptocurrency market suffered a bearish fall against the USD. Bitcoin (BTC) fell significantly against the USD carrying the entire cryptocurrency market along. It fell below the $3550 support level. Some cryptocurrencies fell by up to 10% against the USD. Towards the end of yesterday’s trading session, these cryptocurrencies started to recover against the USD. XRP took the lead in the bull run while other cryptocurrencies also recovered slightly. XRP (XRP) Rises By 10% Against The USD The surge in the price of XRP and other cryptocurrencies may be an indication of a fresh rally this week. After dropping as low as $0.28, XRP started correcting higher until it got to $0.323. At the time of writing, XRP was trading at $0.312090. This shows that it is up by 7.27% against the USD and up by 7.15% against BTC. The trading volume over a 24 hour period is $979,606,603 and the market capitalization is $12,846,720,592. XRP is still the second cryptocurrency per market ca..
XRP has been on fire for the last 48 hours. In fact, yesterday, the coin briefly took Ethereum’s place as the second largest cryptocurrency per market capitalization after it surged by 20%. While the cryptocurrency is currently correcting lower. This move is another evidence that it is indeed a worthy competitor and the effort by Ripple and the entire XRP community is reflecting on the coin. Why Did XRP Surge? There are two speculations regarding why the price of XRP surged. For starters, the leading cryptocurrency per market capitalization, Bitcoin was green against the USD. Everyone know this has a ripple effect on other coins. Secondly, XRP has had strong fundamentals for the past few months. Ripple Labs has been working tirelessly to promote mass adoption of its technology and the XRP token. XRP (XRP) Price Today – XRP / USD Name Price24H (%)$0.458824 -0.22% Ethereum, the long-time second largest cryptocurrency per market capitalization had fallen from $1,400 to $215 within this..
The cryptocurrency market has been bearish for a while now. Cryptocurrencies have hit lower lows due to the bearish pressure in the market. For this reason, price surges caused by bulls are highly needed and appreciated by the cryptocurrency community. The past 24 hours have been marked by such a surge. Starting, from Bitcoin (BTC), there has been bullish pressure in the market. Of all the coins that have recorded gains, Bitcoin Cash (BCH) has recorded the highest gains against the USD. Bitcoin Cash (BCH) Price Today – BCH / USD Name Price24H (%)$6,476.99 -0.29%$440.98 -0.32% Bitcoin Cash (BCH) Price Analysis Between Sunday and today, Bitcoin Cash has gone up by up to 32%. Yesterday evening, the cryptocurrency traded as high as $623 hitting a two-month high. The fourth largest coin per market capitalization is still on a bull run this morning even if the price has corrected lower by a few points. The price surge is noteworthy because Bitcoin Cash was hovering around $425. It hit thi..
The digital currency market has been under bearish pressure over the past two days, leaving most of the coins in the red. Nevertheless, the bears seem to have lowered their shields a bit for the bulls, as all the top digital currencies in the market are in the green. Bitcoin (BTC), which declined below the $6,400 mark, has now significantly recovered, but the digital currency is still facing its previous hurdle points close to the $6,800 mark. Bitcoin (BTC) Price Today – BTC / USD Name Price24H (%)$6,639.98 2.4% At the time of writing, Bitcoin (BTC) is changing hands at $6,710 after an increase of more than three percent over the past twenty-four hours. The digital currency currently boasts of a market cap of $116.03 billion and its trading volume over the past twenty-four hours is $4.72 billion. Bitcoin (BTC) Price Technical Analysis The longer-term 200 simple moving average is still over the 100 simple moving average to indicate that the path of least resistance is heading downwar..