ETH price started a steady rebound above the $240 and $245 resistance levels against the US Dollar. The price traded close to the $250 resistance area and it is currently consolidating in a range. There was a break above a key bearish trend line with resistance near $237 on the hourly chart of ETH/USD (data…
The bitcoin price has dropped by as much as 18 percent from its 2019 high of $9,090. And it could lose more value in the coming 20 days, according to an analysis provided by a cryptocurrency analyst. Mr. Teddy Cleps of Crypto Freak Network said on Monday that the bitcoin price historically contacted its 21-weekly…
Bitcoin price remained in a bearish zone and recently declined below $7,600 against the US Dollar. The price retested the $7,500 support area and it is currently consolidating losses. There is a key bearish trend line forming with resistance near $7,820 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair…
The recent recovery in bitcoin price faced a strong resistance near the $8,140 level against the US Dollar. The price is currently facing a strong resistance and it is likely to struggle near $8,000. There is a major bearish trend line forming with resistance near $7,950 on the 4-hours chart of the BTC/USD pair (data…
ETH price failed to gain momentum above $250 and $252 against the US Dollar. The price is currently well below $250 and it remains at a risk of more losses. There is a major bearish trend line forming with resistance at $248 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains…
Ripple price started a decent recovery from the $0.3840 support area against the US dollar. The price traded above the $0.4000 resistance and it is currently showing positive signs. There was a break above a connecting bearish trend line with resistance at $0.4010 on the hourly chart of the XRP/USD pair (data source from Kraken).…
Bitcoin price started a major downward move below the $8,200 and $8,000 supports against the US Dollar. The price even broke the key $7,600 support level and it is currently recovering higher. There are two major bearish trend lines forming with resistance near $7,950 and $8,200 on the hourly chart of the BTC/USD pair (data…
ETH price started a steady decline and broke the $252 support area against the US Dollar. The price traded towards the $230 level and formed a new swing low at $233. There is a major bearish trend line forming with resistance near $246 on the hourly chart of ETH/USD (data feed via Kraken). The pair…
Bitcoin price failed to climb above $8,800 and declined sharply below $8,400 against the US Dollar. The price failed to hold the key $8,250 support and it even spiked below the $8,000 support. There is a major bearish trend line forming with resistance near $8,440 on the hourly chart of the BTC/USD pair (data feed…
Bitcoin price started a decent upward move above the $8,500 level against the US Dollar. The price is trading with a positive tone above $8,600 and the 100 hourly simple moving average. There is a key bullish trend line forming with support at $8,640 on the hourly chart of the BTC/USD pair (data feed from…