Ethereum price is trading nicely above the $180 support area against the US Dollar. Bitcoin price is down more than 2%, but it is trading well above the $9,000 support area. There was a break above a connecting bearish trend line with resistance near $185 on the hourly chart of ETH/USD (data feed via Kraken).…
China’s President Xi Jinping’s endorsement of the blockchain technology sent bitcoin up by more than 40 percent. The benchmark cryptocurrency established a new session high of $10,540.49 after rising by $3,109 over the weekend. The surplus gains came after a depressive performance last week, wherein bitcoin price shed as much as 17.33 percent, or $1,529.96.…
Bitcoin price is gaining bullish momentum and is trading above $9,500 against the US Dollar. The price is facing a strong resistance on the upside near the $9,820 and $9,850 levels. There is a crucial bullish trend line forming with support near $9,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Ripple price is rising slowly and it is still below the $0.3150 resistance area against the US dollar. The price is facing a lot of hurdles on the upside near the $0.3120 and $0.3150 levels. There is a key bullish trend line forming with support near $0.2950 on the hourly chart of the XRP/USD pair…
Bitcoin saw a gargantuan move on Friday and Saturday. Within an 18-odd hour time span, the leading cryptocurrency traded within a $3,300 range and printed a daily gain of 42% at the local peak of $10,500. Related Reading: Bitcoin Trending On Google Next To Call of Duty, Kanye West, and Rudy Giuliani Despite this undeniably…
ETH price rallied recently and broke many resistances near $172 and $185 against the US Dollar. The price even spiked above the $188 resistance and it is currently correcting lower. There was a break above a significant bearish trend line with resistance near $170 on the 4-hours chart of ETH/USD (data feed via Kraken). The…
There was a strong rise in bitcoin price from above $8,000 and $9,000 against the US Dollar. The price even spiked above the $10,000 resistance, but it failed to hold gains and declined. There is a short term bullish trend line forming with support near $9,080 on the 4-hours chart of the BTC/USD pair (data…
Bitcoin price is showing bearish signs and still trading below $7,500 against the US Dollar. The price is facing a lot of hurdles on the upside near $7,500 and $7,600. There is a major bearish trend line forming with resistance near $7,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
A zoomed out version of the bitcoin chart shows it would take the cryptocurrency another 365 days to achieve a full-fledged upside breakout. Brought to notice by Teddy Cleps, a prominent cryptocurrency analyst, the weekly Bitcoin chart shows the possibility of it forming a massive bullish pennant. In retrospective, a Pennant structure marks a pause…
Bitcoin price is down more than 8% and it dived below $7,500 against the US Dollar. The price is currently correcting higher after trading to a new monthly low near $7,300 There are two connecting bearish trend lines forming with resistance near $7,450 and $7,660 on the hourly chart of the BTC/USD pair (data feed…