Bitcoin price struggled to climb above $8,500 and declined recently against the US Dollar. The price is currently trading below $8,300 and it could continue to decline towards $8,100. There was a break below an ascending channel with support near $8,275 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price…
The total crypto market cap is facing a strong resistance near the $220.0B level. Bitcoin price is also trading below a crucial resistance area near the $8,500 level. EOS price failed to hold the $3.000 support and declined below $2.950. Binance Coin (BNB) is declining and it might test the $15.00 support area. BCH price…
Ripple price failed to break the $0.2620 resistance and declined recently against the US dollar. The price is currently trading near the $0.2450 support and is struggling to bounce back. There is a short term bearish trend line forming with resistance near $0.2510 on the hourly chart of the XRP/USD pair (data source from Kraken).…
Bitcoin price started a strong recovery above the $8,000 and $8,200 resistance against the US Dollar. The price is up more than 5%, but it is facing a strong resistance near the $8,500 level. Yesterday’s highlighted major bearish trend line was breached with resistance near $8,080 on the hourly chart of the BTC/USD pair (data…
The total crypto market cap is holding the key $200.0B support area, with corrective signs. Bitcoin price is currently correcting higher and it recently broke the $8,400 resistance. Litecoin (LTC) price is up more than 6% and it broke the $55.00 resistance area. Bitcoin cash price gained nearly 7% and it managed to break the…
Ripple price climbed higher recently above the $0.2450 and $0.2500 resistances against the US dollar. The price is currently trading near the $0.2620 resistance area and is consolidating gains. There was a break above a major bearish trend line with resistance near $0.2415 on the hourly chart of the XRP/USD pair (data source from Kraken).…
Bitcoin price is declining and it recently traded to a new monthly low at $7,661 against the US Dollar. The price is trading in a downtrend and it is likely to test the $7,500 or $7,200 level in the near term. There is a key bearish trend line forming with resistance near $8,050 on the…
ETH price managed to recover above $172, but it failed to continue above $180 against the US Dollar. The price is currently trading below the $170 support and it might retest the $165 or $162 support. There is likely a flag pattern forming with resistance near $171 on the hourly chart of ETH/USD (data feed…
There was a nasty decline in bitcoin below the $9,000 support against the US Dollar. The price even declined below the $8,000 support and it is currently consolidating losses. There is a declining channel forming with resistance near $8,350 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price remains at…
ETH price failed to surpass the $172-$175 resistance and declined again against the US Dollar. The price retested the $152 support area and it is currently correcting higher. There is a new connecting bearish trend line forming with resistance near $168 on the hourly chart of ETH/USD (data feed via Kraken). The price is showing…