ETH price started an upside correction and tested the $185 resistance against the US Dollar. The price is currently correcting lower, but it remains supported near $175 and $172. There is a new connecting bullish trend line forming with support near $171 on the hourly chart of ETH/USD (data feed via Kraken). The price remains…
Bitcoin price struggled to climb above $8,500 and declined recently against the US Dollar. The price is currently trading below $8,300 and it could continue to decline towards $8,100. There was a break below an ascending channel with support near $8,275 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price…
The total crypto market cap is facing a strong resistance near the $220.0B level. Bitcoin price is also trading below a crucial resistance area near the $8,500 level. EOS price failed to hold the $3.000 support and declined below $2.950. Binance Coin (BNB) is declining and it might test the $15.00 support area. BCH price…
Ripple price failed to break the $0.2620 resistance and declined recently against the US dollar. The price is currently trading near the $0.2450 support and is struggling to bounce back. There is a short term bearish trend line forming with resistance near $0.2510 on the hourly chart of the XRP/USD pair (data source from Kraken).…
Bitcoin price started a strong recovery above the $8,000 and $8,200 resistance against the US Dollar. The price is up more than 5%, but it is facing a strong resistance near the $8,500 level. Yesterday’s highlighted major bearish trend line was breached with resistance near $8,080 on the hourly chart of the BTC/USD pair (data…
The total crypto market cap is holding the key $200.0B support area, with corrective signs. Bitcoin price is currently correcting higher and it recently broke the $8,400 resistance. Litecoin (LTC) price is up more than 6% and it broke the $55.00 resistance area. Bitcoin cash price gained nearly 7% and it managed to break the…
Ripple price climbed higher recently above the $0.2450 and $0.2500 resistances against the US dollar. The price is currently trading near the $0.2620 resistance area and is consolidating gains. There was a break above a major bearish trend line with resistance near $0.2415 on the hourly chart of the XRP/USD pair (data source from Kraken).…
Bitcoin prices edged lower on Monday, pressured by a current correction momentum that saw the cryptocurrency plunging by more than 40 percent since June this year. The BTC/USD instrument was trading at $7,863.28 as of 0907 UTC, down 2.34 percent from the open. Around the same time, CME bitcoin futures had slipped by 1.99 percent…
Bitcoin bears have continued to flex their muscles into Monday morning. After closing the week at a massive loss, with BTC posting its worst performance since November 2018’s capitulation event, bulls failed to make their presence known. As of the time of writing this, the Bitcoin price has started to collapse yet again, falling as…
ETH price managed to recover above $172, but it failed to continue above $180 against the US Dollar. The price is currently trading below the $170 support and it might retest the $165 or $162 support. There is likely a flag pattern forming with resistance near $171 on the hourly chart of ETH/USD (data feed…