Category: Technical

Is Bitcoin (BTC) Overvalued? JP Morgan Analysts Say It Is

BTC Well Above “Intrinsic Value” For some reason, this Bitcoin (BTC) rally has been met with cynical teardowns by many analysts, who state that the cryptocurrency market remains overvalued, despite the 80% drawdown and then 100% recovery off its lows. As reported by Ethereum World News previously, in a recent […]

Banks Love Ripple (XRP), Will Demand Drive Prices to 80 Cents

Ripple (XRP) up 27.3 percentBrad Garlinghouse says Ripple ready to work with banks and regulatorsIn an interview with Recode Decode podcast, Brad Garlinghouse once again reiterated their will of working with regulators and not against them. Meanwhile, prices are stable with XRP trading below Q1 2019 lows.Ripple Price AnalysisFundamentalsBy design, […]

Crypto Market Following Strong Uptrend: Bitcoin Cash, XLM, EOS, TRX Analysis

The total crypto market cap recovered sharply after testing the key $210.0B support area.Bitcoin price jumped back above the $7,800 and $8,000 resistance levels.Bitcoin cash price is up more than 5% and it recently broke the key $400 resistance.EOS price is now trading above the $6.00 and $6.15 support levels, […]

Plunge Denied: Bitcoin (BTC) Taps $8,000 After $1,700 Flash Crash

Bitcoin Jumps Up To $8,000 And just like that, we’re back over $8,000. Just hours ago, Bitcoin (BTC) tapped the aforementioned price level yet again, seemingly denying calls that a downturn is inbound. As Dan Held, the co-founder of Interchange, the “market bounced quickly from that fierce dip.” This move […]