Tag Archives: Target

Bitcoin (BTC) Price Springs Up: Bulls Now Target $8,000

This past week, bitcoin price started a strong upward move after it broke the $5,800 resistance against the US Dollar. The BTC/USD pair surpassed many hurdles near $6,000, $6,200 and $6,400. The recent upward move was such that the price even broke the key $6,850 and $7,000 resistance levels. Finally, there was an upsurge above $7,200 and the price settled well above the 100 simple moving average (4-hours). The price traded to a new 2019 high at $7,457 and recently corrected lower. Continue reading Bitcoin (BTC) Price Springs Up: Bulls Now Target $8,000

Ethereum (ETH) Price Smashes Resistance: Bulls Target $220 or Higher

This past week, Ethereum price struggled on many occasions to clear the $172 resistance against the US Dollar. However, the recent sharp rise in bitcoin price above the $7,000 level triggered an upside break. The ETH/USD pair broke the $172 and $178 resistance levels to move into a positive zone. The upward move was strong since the price even surged above the $190 level and settled well above the 100 simple moving average (4-hours). The bulls pushed the price above the $200 level and a new monthly high was formed near the $206 level. Continue reading Ethereum (ETH) Price Smashes Resistance: Bulls Target $220 or Higher

Monero Is Now A Major Target For Chainalysis

The well-known blockchain investigation firm Chainalysis seemingly has a new target: Monero. During a recent webinar concerning illicit crypto activity, presenters from the firm stated that “Monero is our top priority.” But can Chainalysis really succeed in analyzing Monero, or is this just a distant and unlikely goal? Continue reading Monero Is Now A Major Target For Chainalysis