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ETH price found support near the $210 level and recently climbed higher against the US Dollar. The price broke the $215 resistance and it seems like there could be more gains in the near term. There is a connecting bullish trend line forming with support near $214 on the hourly chart of ETH/USD (data feed…
As Bitcoin price struggles to maintain strength above $10,000 but is unable to push below $9,200, the crypto asset’s price chart has formed what appears to be a descending triangle – a bearish continuation pattern, that does have potential to break to the upside. The formation shows many similarities to a descending triangle that formed during…
Bitcoin price formed a solid support near the $9,200 level and recently recovered against the US Dollar. The price is trading nicely above $9,500 and it recently tested the $9,770 level. There is a short term contracting triangle forming with resistance near $9,750 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
The total crypto market cap is correcting higher towards the key $265.0B resistance area. Bitcoin price corrected more than 2%, but it facing hurdles near $9,700 and $9,800. Binance coin (BNB) price is correcting higher towards the $28.00 and $28.50 resistance levels. Litecoin (LTC) price is likely to face a strong resistance near the $95.00…
Ripple price is forming a solid support above the $0.3050 level against the US dollar. The price is currently climbing higher and it recently tested the $0.3220 resistance area. There is a connecting bullish trend line forming with support near $0.3140 on the hourly chart of the XRP/USD pair (data source from Kraken). The price…
ETH price remained well bid above the $205 support and recently climbed higher against the US Dollar. The price tested the $215 resistance and it is currently correcting gains. There was a break above a major bearish trend line with resistance near $208 on the hourly chart of ETH/USD (data feed via Kraken). The pair…
Bitcoin price is currently consolidating above the key $9,300 support area against the US Dollar. The price is facing a few key resistances near the $9,500, $9,600 and $9,650 levels. There is a connecting bearish trend line forming with resistance near $9,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
The total crypto market cap is under a lot of pressure below the $260.0B and $270.0B resistances. Bitcoin price is down more than 2% and it is currently trading well below $9,600. Litecoin (LTC) price failed to stay above the key $90 support and it could extend downsides. BCH price slowly moving lower towards the…
ETH price remained supported above the $205 level, but struggled to gain traction against the US Dollar. The price is facing a few key resistances near the $212 and $215 levels. There is a contracting triangle forming with resistance near $211 on the hourly chart of ETH/USD (data feed via Kraken). The pair could either…
Bitcoin is one step away from testing $6,700 as support, according to prominent analyst DonAlt. The crypto trader on Monday measured the current bitcoin bias on a three-day timeframe, believing it gave better clarity about the cryptocurrency’s expected price behavior. He noted that bitcoin earlier broke out of a 3-D pennant structure – which also…