Bitcoin price started a downside correction after rallying to a new 2020 high near $8,460 against the US Dollar. BTC corrected $500, but the price is still above many key supports.Bitcoin failed to continue above $8,500 and started a downside correction against the US Dollar.There was a significant correction below the $8,200 and $8,080 support…
Bitcoin is showing first signs of a weakening upside momentum as traders adjust their sentiments near key resistance areas.The benchmark asset on Wednesday plunged by up to 3.15 percent in what appears to be a corrective action. The move downhill prompted it to establish an intraday low of $8,202.57 on Coinbase. It also escalated the…
Bitcoin could establish a new all-time high above the $20,000 level in 2020 as it hits crossroads with a bias-defining indicator.The benchmark cryptocurrency’s latest move uphill prompted it to retest its 20-weekly moving average on Wednesday. The technical indicator is conclusively accurate when it comes to defining bitcoin’s long-term trends. When the cryptocurrency breaks above…
Bitcoin broke a couple of important hurdles near $7,500 and $8,000 on the daily chart against the US Dollar. BTC price action indicates a strong rise towards $9,100 or even $10,000.Bitcoin price surged $500 and settled above the key $8,000 resistance against the US Dollar.A new 2020 high is formed near $8,464 and the price…
Ripple extended its rally and traded towards the $0.2250 resistance against the US Dollar. Recently, XRP corrected sharply, but bitcoin managed to pop above $8,000 and $8,200.Ripple price is trimming gains and it even dived to test the $0.2080 support against the US dollar.Bitcoin remained in a positive trend and it surged above the key…
Ethereum rising steadily above the $142 and $145 resistance levels versus the US Dollar. Besides, bitcoin surged close to 5% above $8,400, opening the doors for an upside break in ETH above $150.Ether price traded to a new 2020 high at $148 and it is currently consolidating against the US Dollar.The price seems to be…
Bitcoin surged more than 5% to climb above the $7,700 and $7,800 resistance levels against the US Dollar. BTC price tested the $8,000 barrier and it could correct lower in the short term.Bitcoin price traded to a new 2020 high close to the $8,000 mark against the US Dollar.Despite all hurdles near $7,700 and $7,800,…
Bitcoin might be starting a strong bullish wave above $7,500 against the US Dollar. However, BTC bulls must be careful considering a cluster of resistances between $7,700 and $8,000.Bitcoin price is gaining traction above the $7,400 and $7,500 resistance levels against the US Dollar.There are many hurdles on the upside, starting with $7,640 and up…
Ripple is grinding higher above $0.1950 against the US Dollar, whereas bitcoin and Ethereum surpassed key hurdles. Therefore, XRP price is likely to climb above $0.2000 and $0.2100.Ripple price is showing positive signs above the $0.1920 resistance against the US dollar.Bitcoin rallied above $7,500, opening the doors for more gains in the near term.There is…
Ethereum gaining bullish momentum above key hurdles versus the US Dollar, similar to bitcoin. ETH price is likely to accelerate higher towards $145 and $150 in the near term.Ether price is rising steadily and trading above the $135 resistance against the US Dollar.BTC is also showing a lot of positive signs above the $7,400 resistance…