There are positive signs emerging for bitcoin above the $9,200 support against the US Dollar. The price is slowly moving higher and it could retest the $9,770 resistance area in the near term. There was a break above a key contracting triangle with resistance near $9,240 on the 4-hours chart of the BTC/USD pair (data…
Decred (DCR) and Stellar (XLM) were moving higher on Friday as traders shifted focus from sideways-biased bitcoin. The thirty fifth-largest blockchain project by market valuation, Decred, today surged by as much as 17.83 percent against bitcoin to trade at 1,755 sats a token. At the same time, the altcoin’s performance against the US dollar also…
Ripple price is facing an increase in selling pressure below the $0.2980 resistance against the US dollar. The price is likely to decline below the $0.2880 support before it could start a fresh increase. There is a key bearish trend line forming with resistance near $0.2940 on the hourly chart of the XRP/USD pair (data…
Ethereum price declined recently and traded below the $180 support area against the US Dollar. Bitcoin is under pressure and it seems to be struggling to stay above the $9,000 support. There is a new connecting bearish trend line forming with resistance near $183 on the hourly chart of ETH/USD (data feed via Kraken). The…
Bitcoin price is holding the key $9,000 support area against the US Dollar. The price is facing a couple of short term resistances near the $9,200 and $9,400 levels. This week’s followed major bearish trend line is active with resistance near $9,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
Bitcoin held to a stable range as investors wait for the Federal Reserve to take a final call on introducing another interest rate cut. The benchmark cryptocurrency was trading at $9,171.54 as of 10:13 UTC, down 2.75 percent from the market open. At its session high, bitcoin attracted a bid of $9,431.36 on the San…
Bitcoin price is currently correcting lower and is trading below $9,500 against the US Dollar. The price is likely to decline further towards $8,700 before it could rise again. Yesterday’s highlighted key bearish trend line is intact with resistance near $9,460 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price…
The total crypto market cap is consolidating below the $245.0B and $250.0B resistances. Bitcoin price is facing a strong resistance near the $9,400 and $9,500 levels. EOS price is currently trading in a range above the key $3.300 support area. BCH price rallied recently and tested the main $300 resistance area. Tron (TRX) price is…
Ripple price is trading above the $0.2980 and $0.2950 support levels against the US dollar. The price is likely to break the $0.3060 and $0.3080 resistance levels in the near term. There is a major rising channel forming with support near $0.2990 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum…
Bitcoin price is currently consolidating above the key $9,000 support area against the US Dollar. The price is struggling to gain bullish momentum above the $9,600 and $9,720 resistance levels. There is a connecting bearish trend line forming with resistance near $9,560 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…