Bitcoin price started a downside correction from well above the $9,550 area against the US Dollar. BTC broke the key $9,220 support and it is now trading in a short term bearish zone.Bitcoin declined recently below the $9,300 and $9,200 levels against the US Dollar.The price traded close to the $9,050 level and it is…
Ripple stared a strong rise from the $0.2460 support area against the US Dollar. XRP price rallied around 8% and it seems like it could soon climb towards $0.3000.Ripple price is up around 8% and it broke the $0.2700 resistance area against the US dollar.The price traded to a new 2020 high at $0.2760 and…
Ethereum price is holding a couple of key supports above $185 against the US Dollar. ETH is likely to surge above $190 and continue higher in the near term.Ethereum is trading nicely above the $185 support area against the US Dollar.The price is likely to climb above the $190 barrier to start a fresh increase.There…
Bitcoin price failed to continue above the $9,500 resistance and declined recently against the US Dollar. BTC could either bounce back from $9,150 or it might decline heavily.Bitcoin bulls are fighting hard to protect the key $9,200 and $9,150 support levels against the US Dollar.The price remains at a risk of a sharp decline if…
Ripple found support near the $0.2460 area and climbed higher against the US Dollar. XRP price surpassed the key $0.2500 resistance to open the doors for more upsides.Ripple price is showing positive signs above $0.2500 and $0.2520 against the US dollar.The price bounced back nicely after testing an important support area near $0.2450-$0.2460.There was a…
Ethereum price is trading in a positive zone above the $185 support against the US Dollar. ETH remains well bid and it is likely to bounce back from the 100 hourly SMA.Ethereum is currently correcting lower from the $195 yearly high against the US Dollar.The price is now approaching a couple of important supports near…
Over the past few days, Bitcoin has found itself stalling in the low-$9,000s, failing to venture out of a tight range it has been stuck in for the past four days. The below chart from TradingView shows this non-action perfectly.Although some say that this flatlining price action is a precursor to Bitcoin return into the…
Bitcoin’s dreamy price rally in 2020 could hit a dead end in the coming sessions, according to a bullish reversal indicator.The benchmark cryptocurrency is forming a Rising Wedge pattern as confirmed by its price consolidating between upward sloping resistance and support. More data that confirms the Wedge formation is a faster establishment of lower highs…
Bitcoin price jumped above the $9,550 resistance to invalidate a key head and shoulders pattern against the US Dollar. It seems like BTC is primed for a massive rally above $10,000.Bitcoin bears failed to push the price below the main $9,150 support against the US Dollar.The bulls gained control, resulting in a fresh increase above…
Ripple gained recently and broke the $0.2450 and $0.2500 resistance levels against the US Dollar. XRP price is currently correcting, but it is likely to continue higher towards $0.3000.Ripple price climbed higher and traded to a new monthly high at $0.2616 against the US dollar.The price is currently correcting lower, but dips remain supported near…