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Tag Archives: Weekly

Weekly Blockchain Industry Report (15th Issue) 2018.7.21-7.27

OK Blockchain Capital, Quqi Deng Market Overview The past week’s daily average global market capitalization of cryptocurrency was $290.49 billion and the daily average transaction volume was $15.17 billion, indicating an incline of 8.26% and an incline of 8.26% respectively. The daily average market capitalization of the top five cryptocurrencies increased by 8.11% from the previous week. The increases in price ...

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Bitcoin Price Weekly Analysis: BTC/USD Could Test $9,000

Key Points Bitcoin price made a nice upside move above the $7,600 and $8,000 resistances against the US Dollar. There is a crucial bullish trend line in place with support at $7,950 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is placed nicely in a bullish trend above the $8,000 and $7,700 support levels. ...

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Ethereum Price Weekly Analysis: ETH/USD Facing Major Resistance

Key Highlights ETH price is facing a major resistance near the $472-480 levels against the US Dollar. There are two bearish trend lines formed with resistance at $472 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair must break these trend lines and settle above $472-480 to gain upside momentum. Ethereum price is struggling to gain bullish ...

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Ethereum Price Weekly Analysis: ETH/USD Could Revisit $422

Key Highlights ETH price struggled to hold gains above $510 and declined sharply against the US Dollar. Recently, there was a break above a bearish trend line with resistance at $457 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair has to close above $477 and the 100 simple moving average to move back in a bullish ...

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Crypto Markets Experience Slight Dip But Still Hold Weekly Gains

Thursday, July 19: crypto markets have seen a slight slump over the past 24 hours, but are still holding weekly gains of up to 64 percent among some of the top ten cryptocurrencies by market cap, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) keeps hovering around yesterday’s levels, having seen an intraday low of $7,249. The leading cryptocurrency ...

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Bitcoin Price Weekly Analysis: BTC/USD’s Triangle Break Near

Key Points Bitcoin price formed a decent support near $6,050 and recovered against the US Dollar. There is a key triangle forming with resistance near $6,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is facing many hurdles on the upside near the $6,300 and $6,450 levels. Bitcoin price is preparing for the next ...

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