Key Points Bitcoin price finally made the next move and broke the $6,350 support against the US Dollar. There was a break below a major contracting triangle with support at $6,405 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price traded towards the $6,200 support area where buyers emerged. Bitcoin…
ETH/USD is down five percent in the last week and the result is obvious. Prices are now trading below the psychological support of $200 further driving miners into loss making territory. Though we remain optimistic and expect prices to steady, dips below Sep lows could trigger the next wave of sell pressure pressing back ETH/USD…
Unexpectedly, altcoins are sinking lower hitting stops as previous bull expectations fade. All in all, it’s likely that LTC/USD pair is now trading below the all-important support. Should today edge lower then we expect bears to pick up and drive prices towards $30 as TRX/USD, EOS/USD and XMR/USD pairs follow suit. Let’s have a look…
Key Highlights Ripple price traded higher recently and broke the $0.4540 resistance against the US dollar. There was a break above a major contracting triangle with resistance at $0.4560 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently trading in a bullish zone above the $0.4540 and $0.4550…
Key Highlights ETH price traded higher recently and tested the $203-204 resistance zone against the US Dollar. There is a major bearish trend line in place with resistance at $203 on the hourly chart of ETH/USD (data feed via Kraken). The pair could break the $203 and $204 resistance levels to climb higher in the…
Key Points Bitcoin cash price is forming a decent support near the $430-432 zone against the US Dollar. There was a break above a key bearish trend line with resistance at $434 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may slowly recover towards the $440 and $442 levels…
Key Points Bitcoin price is holding the $6,380 and $6,350 support levels against the US Dollar. There is a major contracting triangle forming with resistance at $6,420 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair needs to surpass the $6,420 and $6,460 resistance levels to gain momentum. Bitcoin price…
Key Highlights ETH price stayed above the $196-197 support area with positive moves against the US Dollar. There is a monster breakout pattern formed with resistance at $204 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair must break the $204 and $208 resistance levels to climb higher in the near term.…
Key Points Bitcoin cash price remained under pressure below the $450 and $460 resistances against the US Dollar. There is a major bearish trend line in place with resistance at $436 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair could rise in the short term towards the $450 or…
For now, the differences between IOHK and Cardano Foundation isn’t affecting price. But should it escalate and the other side of the story leaks from CF, then we might have a glance of what the team thinks of Charles Hoskinson, the Founder. As it is, ADA/USD is level and above 7 cents meaning our previous…