Bitcoin price & Altcoin analytics

Updated: The king coin rebounded twice after days of tight consolidation. BTC price was earlier narrowed between $9,100 and $9,200 as price consolidation reached its peak level.

In its current upward movement, Ripple has been consolidating between $0.195 and $0.205 after the bull failed to break the $0.21 resistance. Before now, buyers were able to push XRP to $0.21 high because the coin rebounded and rallied to $0.21 high on July 8.

After the incursion into the $248 and $245 highs, Ethereum bulls failed to push ETH above the $253 overhead resistance. Yesterday, the price dropped to $238 low after buyers failed to breach the $245 resistance.

Since it attained a peak price of $50, Litecoin has been on a downward move. In June, LTC encountered a breakdown which made it drop to $42 low. Price corrected upward but was resisted at the $45 high.

Soon after the breakdown on June 11 and the subsequent fall to $225 low, Ether has been consolidating between $225 and $240.

For the past week, IOTA has been trading between $0.21 and $0.23 after the bulls attained the peak price of $0.26 and the coin reached the overbought reason.

The king coin has an uphill task as buyers continue to push prices above the $9,500 resistance. Before now the bulls have recovered BTC from the low of $8,914 to a high above $9,400.

DASH price has been trapped between $60 and $90 price levels since April. For the past month, buyers have been making attempts to break the $80 resistance but to no avail.

Bitcoin ended the month of April with a monthly high of $9,498. During the next 24 hours, it has undergone significant downward revisions but then recovered back to $9,000 level.