Key Points Bitcoin cash price rallied recently and broke the $450 and $460 resistances against the US Dollar. There was a break above a major bearish trend line with resistance at $430 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair may correct lower in the short term before buyers…
After days of lower lows and horizontal consolidation, altcoins are ending the week on a high. ADA/USD is up three percent in the day and could breach key price levels over the weekend. At the same time, LTC/USD bulls did manage to reverse Oct 29 losses while EOS/USD prices could race to $7 if today…
Key Points Bitcoin cash price is slowly recovering towards the key $430 resistance against the US Dollar. This week’s followed important bearish trend line is intact with resistance at $430 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must break the trend line and $430 to gain momentum in…
Even if prices are low and on-chain development slow, Charles Hoskinson and Cardano are literally hitting milestones. Though it could take a decade or more before Voltaire, once it goes live Cardano might easily outperform competing platforms. This is so because Cardano’s foundation is thorough with scientific verification. Price wise ADA/USD is technically bearish. Unless…
The stability of altcoins should be another opportunity to sell according to trend definition of Oct 11. Subsequent confirmations of Oct 29 did place the lid on buyers even though prices are leveling out. But, it could get worse if losses print today. On the reverse side a stream of boosting fundamentals could propel pairs…
Bitcoin Price Key Highlights Bitcoin price is gaining traction on it bounce off the channel support on its 4-hour time frame. A move to the next upside targets might be in the works and the Fibonacci extension tool marks these. Technical indicators are hinting at weakening bullish momentum, though. Bitcoin price looks ready to resume…
Key Points Bitcoin price declined and retested the $6,200 support before recovering sharply against the US Dollar. There was a break above a major bearish trend line with resistance at $6,275 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price may correct a few points, but it could find support…
Key Points Bitcoin cash price dipped sharply and retested the $410 support area against the US Dollar. There was a break above a connecting bearish trend line with resistance at $415 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could correct lower towards $418 or $415 before it can…
Key Highlights Ripple price started a short term correction and moved above $0.4400 against the US dollar. There was a break above a major bearish trend line with resistance at $0.4410 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently struggling to gain traction, but it may soon…
Key Highlights ETH price started a short term upside correction and moved above $196 against the US Dollar. There is a key connecting bearish trend line formed with resistance at $198 on the hourly chart of ETH/USD (data feed via Kraken). The pair recently tested the previous support at $198, which acted as a solid…