Crypto Price Analysis: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, Cardano, NEO – March 6

As of Tuesday morning, most of the cryptocurrencies are down moderately as the market continues to slide. BTC/USD As mentioned yesterday, Bitcoin price was able to surpass the $11,500 level before pulling back later in the day. Currently, the coin is trading at just under $10,800. Two bearish trends were formed earlier, so a return above $11,500 is unlikely to occur anytime soon. Source: Tradingview BTC is now testing a major support level at $10,700, while the pivotal $11,000 price point could be considered as a major resistance should a…

Crypto Price Analysis: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, Cardano, NEO – February 28

On Wednesday, most of the major cryptocurrency prices stagnated and fell slightly. However, the market has now recovered following the big market selloff that occurred earlier this month. BTC/USD In our previous article, it was established that a resistance of $10,875 must be tested for BTC to hit $11,000 once again. Although it did manage to surpass $11,000 today, the gain was short lived and the coin went back down to around $10,500. Source: Tradingview However, BTC could be set for another rebound toward $11,000. This is indicated by the…