Bitcoin price climbed further above $5,300 before topping near the $5,330 level against the US Dollar. The price corrected lower below $5,300 and $5,255 support levels. There was a break below yesterday’s discussed ascending channel with support at $5,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is still…
The total crypto market cap corrected lower and tested a major bullish trend line at $168.0B. EOS price failed to stay above the $5.50 level and corrected towards the $5.40 support. Binance Coin (BNB) rallied around 10% and broke the $21.00 resistance area. Bitcoin cash price is down more than 4% and declined below the…
Bitcoin (BTC) trend is bullish but below Apr-11 highs Analyst says Bitcoin (BTC) may take 22 years to re-test 2017 highs Accompanying firm upsides is shifting sentiment and recovering prices. At spot rates, Bitcoin (BTC) gains are low, but even so, it is volatile enough and attractive for risk-off traders. Our immediate targets remain at…
Ethereum prices above $170 Increasing competition means Ethereum 2.0 must launch on time despite the first-mover advantage Morpheus Labs, Cardano, Binance, Tron, and EOS are fierce competitors. Therefore, Ethereum coders accelerating their development mean Ethereum 2.0 will launch on time as ETH prices rally past $250 towards $1,500. Ethereum Price Analysis Fundamentals Without a doubt,…
ETH price extended gains and rallied towards the $175 resistance area against the US Dollar. The price pumped sharply above the $169 and $170 resistance levels to test $174. There is a solid bullish trend line formed with support at $168 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains well…
Bitcoin price formed a double bottom pattern near $4,940 and climbed higher against the US Dollar. Bulls pushed the price above the key $5,150 and $5,160 resistance levels. Yesterday’s highlighted major bearish trend line was breached at $5,110 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently trading…
The total crypto market cap stayed above the key $160.0B support and climbed towards $170.0B. Litecoin (LTC) price recovered recently and moved above the $80 resistance. Bitcoin cash price extended gains and it could move higher towards the $320 level. Tron (TRX) price is currently consolidating above the key $0.0260 support area. Cardano (ADA) price…
Ripple price failed near the $0.3370 level and declined below the $0.3250 support against the US dollar. The price traded to a new weekly low at $0.3134 and remains at a risk of more losses in the short term. There is a major bearish trend line formed with resistance near $0.3285 on the hourly chart…
ETH price failed to clear the $170 resistance and extended losses against the US Dollar. The price declined to a new weekly low at $155 before correcting above the $160 level. There is a key bearish trend line in place with resistance at $166 on the hourly chart of ETH/USD (data feed via Kraken). The…
Bitcoin price close above $5,000 Analysts and Investors confident of market recovery The Bitcoin moon-sling chorus is only getting louder as the market ooze confidence thanks to early April upswings and supporting candlestick arrangement. Even so, there should be a conclusive close above $6,000 before bulls lift prices higher. Bitcoin Price Analysis Fundamentals Not only…