Bitcoin is currently correcting higher from the $6,559 swing low against the US Dollar. BTC price is now testing the 100 hourly SMA and it is likely to struggle near $6,960-$7,000.Bitcoin is slowly recovering higher after trading as low as $6,559 against the US Dollar.The bulls were able to push the price above the $6,750…
Bitcoin price closed last night’s weekly candle as a shooting star doji, which could signal that a powerful reversal and epic plunge is coming when formed at the top of an uptrend.Is there more downside in Bitcoin’s near term future? Or was the recent drop to under $4,000 the final bottom before the next bull…
Ripple failed to stay above the $0.1900 support and declined sharply against the US Dollar. XRP price remains at a risk of more losses below the $0.1800 support areaRipple price is down more than 2% and it settled below the $0.1880 level against the US dollar.A new weekly low is formed near $0.1812 and the…
Ethereum failed to clear the $162 resistance and declined recently against the US Dollar. ETH price is now approaching the main $145 support, where the bulls might take a stand.Ethereum is showing a few bearish signs below the $155 and $162 resistance levels.A new monthly low is formed near $148 and the price is currently…
Ethereum is down more than 10% from the $175 monthly high against the US Dollar and bitcoin. ETH price is still in a larger uptrend as long as it is above the $145 support.ETH price started a fresh decline after it failed to surpass $175 and $180 against the US Dollar.There was a break below…
Bitcoin is down more than 5% from the $7,470 swing high against the US Dollar. BTC is now trading near a crucial support at $6,700 and the 100 SMA (H4).Bitcoin started a fresh decline from the $7,470 monthly high and traded below $7,000.There is a crucial support forming above $6,700 and the 100 simple moving…
Ripple is showing a few bearish signs below the $0.1980 resistance against the US Dollar. XRP price could start a strong decline if it breaks the $0.1900 support area.Ripple price is still struggling to gain momentum above the $0.2000 resistance against the US dollar.The bears were able to push the price below the key 100…
Ethereum is trading in a contracting range below the $175 resistance against the US Dollar. ETH price seems to be setting up for the next move either above $200 or towards $152.Ethereum is facing a strong resistance near the $172 and $175 levels.The 100 hourly simple moving average at $165 is likely to act as…
Bitcoin is still struggling to clear the $7,400 and $7,500 resistances against the US Dollar. BTC price must stay above $7,080 to rally above $7,500. If not, it could decline heavily below $7,000.Bitcoin is trading in a contracting range below the $7,400 resistance against the US Dollar.A crucial breakdown support is forming near the $7,080…
It’s no secret the past few weeks have been tough for Bitcoin investors. The past month saw a number of horrors: over a billion dollars worth of BitMEX positions were liquidated during the flash crash on March 12th, the cryptocurrency slid 50%, and much more.But, prominent analysts are starting to come to the conclusion that…