Bitcoin is facing a strong resistance near the $7,000 level against the US Dollar. BTC price is likely forming a double top pattern near the $7,000 level and it could dive below $6,400.Bitcoin is forming a bearish breakdown structure below $7,000 against the US Dollar.A double top pattern is forming with resistance near $7,000 and…
Ripple is struggling to gain momentum above the $0.1640 and $0.1650 resistances against the US Dollar. XRP price must stay above the $0.1580 support to continue higher in the near term.Ripple price is facing a lot of hurdles near the $0.1640 and $0.1650 levels against the US dollar.The bulls could gain strong momentum if there…
Ethereum is struggling to gain bullish momentum above the $142 and $144 resistances against the US Dollar. ETH price could start a major decline if it breaks the $135 support.Ethereum is facing an uphill task as the bulls struggle near $135 against the US Dollar.The price is currently holding the $135 support and the 100…
Bitcoin prices rallied Wednesday to reach an intraday top at about $6,983 but the move did not improve its bearish outlook for the rest of the month.The bitcoin-to-dollar daily chart saw the formation of two extremely bearish patterns: Death Cross and Double Top. The former appeared after bitcoin’s short-term moving average slipped below its long-term…
Bitcoin is gaining momentum and it is trading above the $6,500 support against the US Dollar. BTC price is likely to continue higher towards $7,000 and $7,200 in the coming sessions.Bitcoin is showing a few positive signs above the $7,500 and $7,400 support levels against the US Dollar.The price could grind higher towards $7,000 or…
Ethereum is currently trading nicely above the $135 support area against the US Dollar. ETH price is likely to break the $142 and $144 resistance levels for a move towards $150.Ethereum is trading in a positive zone above the $135 support against the US Dollar.The price is currently consolidating gains below the $144 resistance area.There…
Bitcoin is up more than 10% and it broke the key $6,400 resistance against the US Dollar. BTC price is now trading near the $6,650 resistance, above which it could surge to $7,000.Bitcoin is gaining traction and it recently climbed back above $6,200 against the US Dollar.The price is now trading above the $6,400 level,…
Ripple is showing a few positive signs above the $0.1550 resistance against the US Dollar. XRP price is likely to surge further if it clears the $0.1620 resistance area.Ripple price is up more than 6% and it traded above the key $0.1550 resistance against the US dollar.The bulls are now fighting to clear the $0.1620…
Ethereum is up around 10% and it traded above the key $130 resistance against the US Dollar. ETH price is likely to continue higher towards the $150 resistance if it clears $140.Ethereum is showing a few positive signs above the $135 level against the US Dollar.The price is now approaching the key $140 resistance area.There…
Bitcoin surged by almost 11 percent minutes after the US central bank committed to unlimited purchasing of US Treasuries mortgage-backed securities to help its struggling economy amidst Coronavirus pandemic.“The Federal Reserve is committed to using its full range of tools to support households, businesses, and the US economy overall in this challenging time,” the bank…