Bitcoin price formed a strong support near the $3,550 level and traded higher against the US Dollar. There was a break above a major bearish trend line with resistance at $3,610 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair broke the $3,650 and $3,700 resistance levels to move into…
Bitcoin price started a downside correction after a sharp move towards $3,750 against the US Dollar. The price corrected lower and tested the $3,540-3,530 support area, where buyers emerged. Later, there was a break above a key bullish flag with resistance near $3,570 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).…
Ripple price is struggling to clear the $0.3000 and $0.3100 resistance levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.3000 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair must gain momentum above $0.3000 and the 100 simple moving average (4-hours) for…
ETH price started a major consolidation after a nasty upward move above $120 against the US Dollar. There is a contracting triangle in place with resistance at $124 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to accelerate higher once it breaks the $124 and $125 resistance levels in…
ETH price struggled to stay above the $121 and $119 support levels against the US Dollar. This week’s followed major bullish trend line was breached with support at $121 on the hourly chart of ETH/USD (data feed via Kraken). There is a new connecting bearish trend line in place with resistance at $121 on the…
Nasdaq may have just removed one of the most significant barriers before a potential cryptocurrency adoption. The US stock market exchange on Monday announced two cryptocurrency indexes which provide real-time spot or reference rate for Bitcoin and Ethereum. Dubbed as the Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX), both the indexes extract price…
Bitcoin price stayed above the key $3,560 support area, with range moves against the US Dollar. This’s week’s followed bearish trend line is intact with resistance at $3,590 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could gain bullish momentum if there is a proper close above $3,590 and…
Bitcoin price is holding the key support near the $3,580 zone against the US Dollar. Yesterday’s contracting triangle is in place with resistance near $3,610 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely preparing for the next bullish break above $3,610, $3,620 and $3,650. Bitcoin price is…
The total crypto market cap is showing positive signs above the $117.0B support level. Bitcoin cash price is gaining momentum and it could break the $125 and $128 resistances. EOS price rallied more than 5% and it looks set to break the $3.00 hurdle. Stellar (XLM) is slowly correcting higher towards the $0.0800 and $0.0820…
Ripple price is currently showing a few positive signs above the $0.2980 support against the US dollar. Yesterday’s highlighted key declining channel is intact with resistance near $0.3035 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to break the $0.3040 and $0.3060 resistance levels for a fresh…