Bitcoin price & Altcoin analytics

The emergence and growth of the popularity of the alternative currency Bitcoin has led to the creation of many other cryptocurrencies based on Bitcoin Blockchain code. All these cryptocurrency have the generic name - Altcoins.

Today, ETH is trading at $389 as the market continues its fluctuation below the $400 resistance. Buyers have been unable to break the current resistance because of some factors.

Ripple has been on a steady decline soon after it fell from the $0.325 high. Today, XRP is trading above $0.28 support.

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.