Key Highlights ADA price declined sharply and broke the $0.0800 and $0.0740 support levels against the US Dollar (tethered). There is a key bearish trend line formed with resistance at $0.0750 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may correct higher above $0.0750, but it could face a…
Key Highlights Ripple price declined further and traded towards the $0.3600 support zone against the US dollar. There is a monster bearish trend line in place with resistance near $0.4290 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could correct higher towards $0.4200 and $0.4290 in the short term…
Key Highlights ETH price declined further and traded towards the $180 level against the US Dollar. There was a break below a key contracting triangle with support at $194 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded as low as $184.15 and it is currently correcting higher towards resistances. Ethereum…
ViaBTC demonstration that it’s possible for startups to raise funds on the Bitcoin Cash blockchain is very bullish for BCH investors. Complementing this is Roger Ver’s solid plan of setting up a “high liquid exchange with BCH as base”. This and other fundamental development means our previous Bitcoin Cash trade plan is valid. In that…
A correction is underway in IOTA and TRX price charts following bull break out above important resistance levels a few days ago. Still, we retain a bullish outlook recommending buyers to buy on dips as long as prices are trading above key support levels. This is even applicable in Tron following their release of a…
Key Highlights ADA price tested the $0.0880 resistance and later corrected lower against the US Dollar (tethered). There is a short-term bearish trend line in place with resistance at $0.0865 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to correct further towards the $0.0830 or $0.0820 support…
Key Highlights Ripple price is under a lot of pressure below the $0.4900 and $0.4950 resistance levels against the US dollar. This week’s followed crucial bearish trend line is intact with resistance at $0.4850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses…
Key Highlights ETH price failed to hold gains above $230 and $227, and declined against the US Dollar. Yesterday’s followed important ascending channel was broken with support at $226 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently under pressure and it seems like it could decline towards $222 or…
Bitcoin Price Key Highlights Bitcoin price has formed lower highs and higher lows on its 1-hour chart to trade inside a symmetrical triangle. Price is currently testing the bottom of the triangle and might be due for a bounce back to the top around $6,700. Price is nearing the end of its triangle pattern and…
Key Points Bitcoin price traded higher recently and broke the $6,600 and $6,620 resistance levels against the US Dollar. There is a major bullish trend line in place with support at $6,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to climb higher towards the $6,650, $6,700…