Ethereum is following a bearish pattern and it recently failed to surpass $240 against the US Dollar. ETH price is likely to continue lower and it may soon retest the $200 support zone.Ethereum failed to clear the main $240 resistance zone and started a fresh decline.The price is now trading well below the $230 level…
Bitcoin is currently declining and trading well below $9,500 against the US Dollar. BTC is likely to continue lower and it seems like the bears are aiming a break below $9,100 and $9,000.Bitcoin is facing an increase in selling pressure below the $9,500 pivot level.The price failed to clear the $9,540 resistance zone and it…
Ethereum declined heavily after multiple rejections near $250 against the US Dollar. ETH price is now recovering, but it must settle above $240 to start a fresh increase.ETH price is currently correcting higher from the $225 swing low against the US Dollar.It is now trading above the $230 level and the 100 simple moving average…
Bitcoin started a major decline after it was rejected near the $10,000 resistance against the US Dollar. BTC is currently recovering, but it is likely to face sellers near the 100 SMA (H4).Bitcoin traded as low as $9,084 and it is currently correcting higher.The price is likely to face sellers near the $9,600 level and…
Bitcoin is back in the spotlight of the cryptocurrency market after taking a nearly 10% dum. The sudden bearish impulse saw the asset’s price drop from a high of $9,970 to a low of $9,050.Alongside the price slump, over $80 million worth of long and short BTC positions were liquidated on BitMEX alone.From a technical…
Ethereum failed to surpass the $250 resistance and declined sharply against the US Dollar. ETH price could continue to move down as long as it is below $240 and the 100 hourly simple moving average.Ethereum started a major decline after it failed to clear the main $1250 resistance zone.The price declined sharply below the key…
Ripple declined sharply below the $0.2000 support zone against the US Dollar. XRP price is currently correcting higher, but upsides are likely to remain capped near $0.1950 or the 100 SMA (H4).Ripple price is down more than 5% and it broke a crucial support zone near $0.2000 against the US dollar.The price traded as low…
Bitcoin is down more than 5% and it broke the key $9,300 support zone against the US Dollar. BTC traded as low as $9,089 and it is currently correcting higher towards hurdles.Bitcoin declined sharply after it was rejected one more time near the $10,000 level.There was a break below many key supports near $9,500 and…
Bitcoin failed at yet another attempt to break bullish above $10,000 on Wednesday.The cryptocurrency’s sharp pullback from the crucial resistance level has raised its possibilities of falling towards $8,800.One prominent analyst sees the breakdown as an opportunity to launch a bull run above $10,000.Bitcoin could be at risk of crashing towards $8,800 this month, according…
Bitcoin is gaining bullish momentum and it broke the $9,800 resistance zone against the US Dollar. BTC price is likely to continue higher if it settles above the $10,000 resistance zone.Bitcoin is slowly moving higher and it is trading above the $9,800 and $9,720 support levels.A successful daily close above the $10,000 level could spark…