Bitcoin declined sharply below the $6,200 support against the US Dollar. BTC price found support near $5,850 and it is currently recovering towards a couple of key hurdles.Bitcoin is correcting higher from the $5,846 swing low against the US Dollar.The price is showing positive signs above the $6,000 level, but there are many hurdles on…
Ripple is down close to 5% and it broke the key $0.1680 support zone against the US Dollar. XRP price is currently correcting higher, but it is likely to face hurdles near $0.1700.Ripple price declined below the $0.1720 and $0.680 support levels against the US dollar.A low is formed near $0.1620 and the price is…
Ethereum is currently declining and it broke the $130 support area against the US Dollar. ETH price is consolidating losses and upsides are likely to face hurdles near $128 and $130.Ethereum is down around 2% and it tested the $125 support zone against the US Dollar.The price is currently consolidating above $125 and it remains…
Bitcoin failed to surpass the $7,000 resistance and declined below $6,500 against the US Dollar. BTC is likely to bounce back as long as it is above $6,000 and the 100 SMA (H4).Bitcoin price is currently correcting gains from the $7,000 resistance area.The $6,000 region and the 100 simple moving average (4-hours) are important supports.There…
Ethereum failed to clear the $142 resistance and started a fresh decline against the US Dollar, similar to bitcoin. ETH price could soon test the main $120 support area, where the bulls might emerge.ETH price is currently trading in a bearish zone below the $135 level against the US Dollar.There are many hurdles on the…
While headlines about tanking bitcoin prices serve ideal opportunities for investors to enter the cryptocurrency market, one top analyst thinks the asset is lacking new buyers.Alex Saunders, the CEO & Founder of Australia-based Nugget News, offered a wave of discouraging catalysts that might have driven people out of cryptocurrencies, including a wrecked US job report.…
Over the past ten minutes, Bitcoin has performed extremely poorly, falling from $6,700 to a price as low as $6,265 in an over 6% sell-off, per data from TradingView. As a result, at least $20 million worth of long positions on BitMEX were liquidated, while millions more probably bit the dust on other exchanges.This 6%…
Bitcoin is slowly rising and trading above the $6,750 level against the US Dollar. BTC price must claim the $7,000 resistance to start a strong rally in the near term.Bitcoin is trading in a crucial range below the $7,000 resistance area against the US Dollar.Yesterday’s discussed double top pattern is still active with resistance near…
Ripple is up around 10% and it broke the key $0.1650 resistance zone against the US Dollar. XRP price remains in a nice uptrend and it could continue to rise towards $0.2000.Ripple price started a strong rise above the $0.1640 and $0.1650 resistance levels against the US dollar.The bulls were able to push the price…
Ethereum is still facing a strong resistance near the $142 and $144 levels against the US Dollar. A successful close above $144 could start a strong increase in ETH price in the near term.Ethereum is struggling to gain bullish momentum above the $142 zone against the US Dollar.The price is currently trading nicely above the…