Bitcoin price is consolidating gains above the $7,400 and $7,295 support levels against the US Dollar. The price is likely to accelerate higher once it clears the $7,600 and $7,700 resistance levels. There is a key declining channel forming with resistance near $7,610 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
The total crypto market cap is now placed nicely above the $190.0B support area. Bitcoin price is holding the $7,300 and $7,400 support levels. EOS price is currently consolidating above the $2.600 level and it could rise towards the $2.85 level. Binance Coin (BNB) is struggling to gain momentum above the $16.00 and $16.20 resistance…
Ripple price is trading above a couple of important supports near $0.2200 against the US dollar. The price is facing a major hurdle near the $0.2280 and $0.2350 resistance levels. Yesterday’s highlighted major ascending channel is intact with support near $0.2230 on the hourly chart of the XRP/USD pair (data source from Kraken). The bulls…
Bitcoin cash price is up around 10% from the $200 support area against the US Dollar. The price is currently consolidating gains and it seems to be setting up for more gains above $225. There is a short term declining channel forming with resistance near $222 on the hourly chart of the BCH/USD pair (data…
Bitcoin price is recovering and it recently broke the main $7,375 and $7,400 resistances against the US Dollar. The price is likely to start a strong rise to $8,000 once it clears the $7,700 resistance. There is a short term contracting triangle forming with resistance near $7,540 on the hourly chart of the BTC/USD pair…
The total crypto market cap broke a major resistance area near the $188.0B level. Bitcoin price is up more than 5% and it broke the $7,400 resistance area. Litecoin (LTC) price is slowly rising towards the $48.50 and $49.20 resistance levels. BCH price is rising and it managed to climb above the $220 resistance area.…
Ripple price is trading nicely above the $0.2200 and $0.2180 support levels against the US dollar. The price is likely to accelerate gains if it breaks the $0.2300 resistance area. There is a new connecting bullish trend line forming with support near $0.2190 on the hourly chart of the XRP/USD pair (data source from Kraken).…
Litecoin is started an upside correction from the $42.15 swing low against the US Dollar. The price is now trading above the $45.50 resistance, but it is well below $48.40 and $50.00. There is a major bearish trend line forming with resistance near $47.80 on the hourly chart of the LTC/USD pair (data feed from…
Bitcoin is currently trimming gains after struggling to clear the $7,400 barrier against the US Dollar. The price is likely to stay above the $7,000 and $6,950 support levels in the near term. There is likely a bullish flag forming with resistance near $7,170 on the hourly chart of the BTC/USD pair (data feed from…
Ethereum is currently correcting higher from the $132 low against the US Dollar. Bitcoin price is also recovering and it is now trading above the $7,000 level. Yesterday’s major bearish trend line was breached with resistance near $145 on the hourly chart of ETH/USD (data feed via Kraken). The price is likely to correct further…