Ethereum is showing a lot of bearish signs below $200 against the US Dollar. ETH price is likely to extend losses below $185 and $180 in the near term.Ethereum is struggling to recover above the $195 and $200 resistance levels against the US Dollar.The price is likely to dive further below the $180 support level…
It’s not a secret that Bitcoin hasn’t done well over the past few days and weeks; since the weekend’s $9,200 peak, the cryptocurrency has lost nearly 18%, and since the $10,600 peak in February, BTC has shed over 25%. In the process of this brutal move, hundreds of millions worth of leveraged positions have been…
Bitcoin bounced after Sunday’s steep declines, which had seen the cryptocurrency logging its worst daily performance since September 2019.The bitcoin-to-dollar exchange rate on Tuesday jumped 2.21 percent to establish a new intraday high at circa $8,094. The pair’s rebound, which appeared almost like a “dead cat bounce,” raised hopes for extended bull trend, with prominent…
Ethereum is extended its decline below the $200 support area against the US Dollar. ETH price traded as low as $188 and it is currently correcting higher towards $205 and $208.Ethereum is currently recovering losses from the $188 monthly low against the US Dollar.The price is likely to face a lot of hurdles on the…
Ethereum failed to continue higher above the $252 resistance and declined against the US Dollar, similar to bitcoin. However, ETH price is now trading near a key uptrend support.ETH price is down 5% and it is now trading below the $235 level against the US Dollar.The price struggled to gain strength above $250 and declined…
A textbook technical scenario brewing inside the bitcoin market could send its prices above $14,000.Crypto analysts highlighted earlier this week the potential formation of an Inverse Head and Shoulder (IHS) pattern. Investopedia defines it counter, which is called Head and Shoulder Pattern, as a “reliable” indicator in predicting an asset’s bullish-to-bearish trend reversals. Therefore, its…
Although the entire crypto market, Bitcoin included, has posted stellar gains since December’s bottom, some digital assets have been performing better than others.One such altcoin is Chainlink (LINK) — a prominent blockchain project linking off-chain data to platforms like Ethereum. This crypto has gained a jaw-dropping 200% since the December bottom that was established near…
Ethereum is showing positive signs above $225 against the US Dollar. ETH price is likely forming a bullish breakout pattern and it could soon rally above $235-$238.Ethereum is forming a nice bullish formation above the $220 support area against the US Dollar.The price is likely to surge above $230 and $235 to start a fresh…
Ripple remained in a major downtrend from well above the $0.2650 level against the US Dollar. XRP price tested the $0.2240 support area and it could correct higher in the short term.Ripple price is down close to 6% and it broke the $0.2350 support area against the US dollar.The price tested the $0.2240 support area…