Is the bottom in? Since Bitcoin (BTC) fell precipitously to $6,600 late last month, analysts have been asking if the leading cryptocurrency has finally found a price bottom after a multi-month downturn.Related Reading: Eat My Shorts: Everything You Need To Know About The Bitcoin Bart PatternAnalysts have understandably divided over the question, as the correct answer…
ETH price is struggling to gain pace above the $152 and $158 resistance levels against the US Dollar.The price is currently holding the main $144 support area and breakdown zone.There is a key contracting triangle forming with resistance near $150 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could start a strong…
After forming a base above $7,000, bitcoin price climbed above the $7,500 resistance against the US Dollar.The price is currently correcting gains and it is trading below the $7,440 level.There is a major contracting triangle forming with resistance near $7,520 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The price is likely…
As reported by NewsBTC just days ago, the opening month was harrowing for Bitcoin (BTC) for one reason: the open of the December candle for the cryptocurrency’s price triggered a “sell” signal on the Market God v7 indicator, designed by crypto analyst Thies. The analyst remarked that he designed the indicator to “eliminate” emotion from his…
Bitcoin price is still trading above the $7,200 and $7,240 support levels against the US Dollar.The price is struggling to climb above the $7,440 and $7,500 resistance levels.There is a major breakout pattern forming with resistance near $7,440 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair could either rally above…
The total crypto market cap is forming a major breakout pattern with resistance near $195.0B.Bitcoin price is slowly rising and it seems like it could climb above the $7,400 resistance.Binance coin (BNB) price is holding the $15.00 support and it is correcting higher.Litecoin (LTC) price is attempting a break above the $45.50 resistance area.BCH price…
Ripple price is trading nicely above the $0.2180 pivot area against the US dollar.The price is likely to slowly rise towards the $0.2265 and $0.2300 resistance levels.There is a major bullish trend line forming with support near $0.2180 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is also rising, but it…
Bitcoin price is back to where it started and trading below the $7,380 resistance against the US Dollar.The price is currently under pressure, but it is likely to hold the $7,100 support area.There is a short term contracting triangle forming with resistance near $7,220 on the hourly chart of the BTC/USD pair (data feed from…
The total crypto market cap jumped from $188.0B, but it failed to stay above $200.0B.Bitcoin price rally above the $7,500 level was completely reversed.BCH price is somehow holding the key $205 and $200 support levels.EOS price is facing a strong resistance near the $2.700 area.Stellar (XLM) price could continue to move down towards the main…
Ripple price rallied recently above the $0.2220 resistance, but failed near $0.2265 against the US dollar.The price currently declining and it is approaching the pre-rally level near $0.2100.There is a new bearish trend line forming with resistance near $0.2210 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is also down and…