ETH price failed to break the $139 and $140 resistance levels against the US Dollar. The price started a downside move, with an increase in selling pressure below the $138 level. Yesterday’s highlighted ascending channel with support at $137 was breached on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline…
Bitcoin price broke the key $3,860 resistance and traded to a new weekly high against the US Dollar. The price is losing bullish momentum, but it is likely to continue above $3,900 and $3,940. There is a key bullish trend line formed with support at $3,850 on the hourly chart of the BTC/USD pair (data…
Ripple price stayed above the key $0.2970 support and bounced back against the US dollar. The price gained momentum above the $0.3020 and $0.3030 resistance levels to turn positive. Yesterday’s highlighted important bearish trend line was breached near $0.3030 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair rallied above…
ETH price climbed higher sharply and broke the $127 and $130 resistances against the US Dollar. The price even broke the $134 resistance and retested the key $139 resistance level. Yesterday’s highlighted key bearish trend line was breached with resistance at $130 on the hourly chart of ETH/USD (data feed via Kraken). The pair rebounded…
Bitcoin price extended losses and traded below the $3,720 and $3,700 supports against the US Dollar. The price traded as low as $3,671 and it is currently consolidating above the $3,700 level. There is a crucial bearish trend line formed with resistance at $3,775 on the hourly chart of the BTC/USD pair (data feed from…
Bitcoin price failed on many occasions to break the key $3,860 resistance level against the US Dollar. The price started a downward move and broke the $3,800 and $3,760 support levels. There was a break below a declining channel with resistance at $3,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
The total crypto market cap is following a declining structure below the $128.0B resistance level. EOS price broke the key $3.55 and $3.50 support levels to move into a bearish zone. Bitcoin cash price traded below the $130 support and it could now test the $125 level. Tron (TRX) price extended losses below $0.0240 and…
Ripple price failed to gain momentum above the $0.3150 resistance and declined against the US dollar. The price is now trading well below the $0.3140 resistance and the 100 hourly simple moving average. There is a crucial contracting triangle in place with resistance near the $0.3095 level on the hourly chart of the XRP/USD pair…
Ripple price tested the $0.3400 resistance area on a few occasions against the US dollar. The price failed to break the $0.3380-0.3400 resistance and declined below $0.3200. There is a crucial contracting triangle formed with resistance at $0.3140 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could dip to…
Bitcoin price corrected lower sharply after trading towards the $4,200 resistance against the US Dollar. The price declined below the $3,860 support area and tested the $3,620 support zone. There is a short term ascending channel or bear flag formed with resistance at $3,900 on the 4-hours chart of the BTC/USD pair (data feed from…