Key Highlights ETH price declined heavily and traded as low as $184.5 against the US Dollar. There are two important bearish trend lines in place with resistance at $208 and $218 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may correct higher, but there are many hurdles near $207 and $212…
Key Points Bitcoin cash price found support near the $420 level and later recovered against the US Dollar. There is a key bearish trend line formed with resistance at $470 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair is likely to face a lot of selling interest near the…
Key Highlights ADA price declined sharply and broke the $0.0800 and $0.0740 support levels against the US Dollar (tethered). There is a key bearish trend line formed with resistance at $0.0750 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may correct higher above $0.0750, but it could face a…
Key Highlights Ripple price declined further and traded towards the $0.3600 support zone against the US dollar. There is a monster bearish trend line in place with resistance near $0.4290 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could correct higher towards $0.4200 and $0.4290 in the short term…
Key Highlights ETH price declined further and traded towards the $180 level against the US Dollar. There was a break below a key contracting triangle with support at $194 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded as low as $184.15 and it is currently correcting higher towards resistances. Ethereum…
Key Highlights ADA price tested the $0.0880 resistance and later corrected lower against the US Dollar (tethered). There is a short-term bearish trend line in place with resistance at $0.0865 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to correct further towards the $0.0830 or $0.0820 support…
Key Highlights Ripple price is under a lot of pressure below the $0.4900 and $0.4950 resistance levels against the US dollar. This week’s followed crucial bearish trend line is intact with resistance at $0.4850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses…
Key Highlights ETH price failed to hold gains above $230 and $227, and declined against the US Dollar. Yesterday’s followed important ascending channel was broken with support at $226 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently under pressure and it seems like it could decline towards $222 or…
Key Points Bitcoin price traded higher recently and broke the $6,600 and $6,620 resistance levels against the US Dollar. There is a major bullish trend line in place with support at $6,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to climb higher towards the $6,650, $6,700…
Key Highlights ETH price is holding the $220 support level very well against the US Dollar. There is a short-term connecting bearish trend line formed with resistance at $225 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $225, $228 and $230 resistance levels to gain momentum in the…