Litecoin declined heavily after it failed to climb above $46.50 and $48.00 against the US Dollar.The price seems to be sliding towards the $42.20 and $40.40 support levels.There is a key declining channel forming with resistance near $45.50 on the hourly chart of the LTC/USD pair (data feed from Kraken).Bitcoin price is down around 3%…
The total crypto market cap is under pressure below the main $200.0B resistance.Bitcoin price is struggling to stay above the $7,000 support area.Litecoin (LTC) price is down more than 3% and it traded below the $44.50 support.BCH price is down 4% and it is approaching the main $200 support area.EOS price is declining and it…
Ripple price is declining and it is now trading below the $0.2180 support against the US dollar.The price is trading in a downtrend and it seems like the bears are aiming $0.2000.This week’s major bearish trend line is still active with resistance near $0.2205 on the hourly chart of the XRP/USD pair (data source from…
Bitcoin cash price is facing a strong resistance near the $216 and $218 levels against the US Dollar. The price is currently consolidating in a range above the $210 support area. There is a major bearish trend line forming with resistance near $215 on the hourly chart of the BCH/USD pair (data feed from Kraken).…
Bitcoin price is facing a strong resistance near the $7,400 and $7,460 levels against the US Dollar. The price is approaching the key $7,200 and $7,160 support levels. There is a short term declining channel forming with resistance near $7,380 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could…
The total crypto market cap is struggling to surpass the $200.0B resistance area. Bitcoin price is also facing a lot of hurdles near the $7,400 and $7,440 levels. EOS price is holding the $2.500 support, but it is struggling to clear the $2.850 resistance. Binance Coin (BNB) is currently consolidating above the main $15.00 support.…
Ethereum is holding the key $145 support area and recovering against the US Dollar. The price is currently facing a strong resistance near the $152 area. Earlier, there was a break above a major bearish trend line with resistance near $150 on the hourly chart of ETH/USD (data feed via Kraken). The price remains well…
Bitcoin price is struggling to hold a couple of important supports near $7,200 against the US Dollar. The price is likely to continue lower below the $7,200 and $7,000 support levels. There is a major bearish trend line forming with resistance near $7,390 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Ripple price is holding a couple of important supports near $0.2180 and $0.2150 against the US dollar. The price is currently facing resistance near the $0.2260 and $0.2300 levels. There is a major bearish trend line forming with resistance near $0.2260 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair…
After hitting $6,600, Bitcoin (BTC) saw a strong price bounce, returning to $7,800 just yesterday. Though, analysts have asserted that the cryptocurrency market remains in a weak state, despite the nearly 20% recovery that has been seen over the past week. Related Reading: Dr. Doom: Ethereum Still a Long Way From $0, Its True “Fundamental Value”…