Analytics
Cryptocurrency analytics is an important part of crypto trading and investments. It includes the process of analysing data from the cryptocurrency markets.
Cryptocurrency analytics can be used by investors, traders, and other stakeholders to make informed decisions about buying, selling, or holding cryptocurrencies.
Coinidol.com offers latest cryptocurrency analytics daily. Latest price trends of Bitcoin (BTC), Ethereal (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Binance Coin (BNB), Cardano (ADA), TRON (TRX), Dogecoin (DOGE), Shiba Inu (SHIB)
Jan 03, 2020 at 12:01
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Bitcoin Cash Moves Up, Uptrend Uncertain
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Surprisingly, the uptrend in the preceding week was foiled by the bears as the bulls failed to sustain the price above the $200 demand zone. Meanwhile, today BCH has moved up above the demand zone. Can the bulls sustain the upward move? In the previous analysis, BCH was trading at $205 and it was indicated that an urgent move must be taken or else BCH will go down. Expectantly, the bears took undue advantage and brought the pair to its low at $195.
Jan 03, 2020 at 11:10
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Litecoin Plummets as Bulls Fail to Hold $42 Demand Zone
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Disappointingly, Litecoin has dropped to a low of $39 at the time of writing. In the previous analysis, it was stated categorically that if the support at $42 failed to hold, Litecoin will face another session of a downward move. The fact is that the pair made a remarkable move in the previous week to the high of $44 but was later repealed.
Jan 02, 2020 at 11:44
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Ripple Remains Stable as Bulls and Bears Reach Consensus
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Ripple price movement has remained stationary over the last three days. Presently, the market is relatively stable between the levels of $0.18 and $0.20. The price has remained above $0.19 for the past one week. This is largely credited to the reduced selling pressure on the coin. In that case, the bulls may have a slim advantage over the bears.
Jan 02, 2020 at 10:58
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Ethereum Fails to Break $136 Demand Zone, May Face Further Selling Pressure
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Regrettably, the bulls failed to jump over the hurdle at $136 after an initial positive move. Expectations were high as to the overcoming of the initial hurdle which will enable ETH to rise above $140. This will eventually lead to the previous larger price range. The price action has taken another dimension. After failing to break above $136, the market dropped to $130 low. The price pulled back and retested the $132 twice before resuming a downward move.
Jan 01, 2020 at 14:57
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Bitcoin Consolidates Between $7,000 and $7,800, Upward Move Likely
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Bitcoin fell marginally above $7,000 at the time of writing. Is the king coin retracing or making another upward to retest at the $7,600 price level? Probably, Bitcoin is attempting to rise. The price movement in the last 48 hours is almost the same. The coin was falling towards the close of last year but came back bullish on December 31. Before this New Year move, BTC has suffered price rejection on December 23 and 29.
Dec 31, 2019 at 10:30
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Ripple Is in a Range, Unrelenting to Break the Previous High
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Ripple is moving up while trading in the $0.17 to $0.20 range. The bulls have consistently tested the $0.20 price level for the fifth time but are unable to break it. On each unsuccessful attempt, the market retraces and falls to the $0.18 support. One cogent reason for bulls’ inability to penetrate the $0.20 price level is because of a lack of demand at higher price levels.
Dec 31, 2019 at 09:38
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Litecoin Recovers as Bulls Defend the $42 Demand Zone
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Litecoin made a bold move as it traded into the range of between $42 and $50. In the previous week, the bulls impressively reached a high of $44 but were resisted. The coin retraced and found support at $42. Incidentally, the coin has come back to its original range to resume fluctuation. It is expected that the demand zone at $42 will hold, if it does, Litecoin will reach the high of $50 and break it.
Dec 30, 2019 at 14:14
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Bitcoin Holds above $7,000 Creates Buying Opportunity at High Levels
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It is no longer surprising as Bitcoin continues to stumble each time it reaches the $7,600 supply zone. The coin broke the recent low at $6,800 and sank to $6,500 before it recovered and rebounded. Yesterday, in a renewed fall at $7,600, BTC went down to $7,300. It becomes imperative to quickly arrest the recent fall before the bears push the coin to $7,000.
Dec 30, 2019 at 13:24
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Ethereum Moves Upward but Key Supply Zones May Pose Resistance
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Eagerly, the bulls put up a good fight as Ethereum scaled the $131 price level. Nevertheless, the positive move is welcomed but it will be better if the bulls dismantle the knotty price at $136. Over a week, the coin found it extremely difficult to trade above the $136. Hopefully, if the bulls overcome the initial hurdle at $136, ETH will rally above $140.