Ethereum is declining steadily below the $235 resistance zone against the US Dollar. It seems like ETH could decline heavily if it breaks the $225 support zone in the near term. Ethereum is trading in a bearish zone below $232 and the 100 hourly simple moving average. The price is …
Read More »Ripple (XRP) Could Escape Downtrend if it Closes Above One Key Level
Ripple is still facing many hurdles near $0.1980 and $0.2000 against the US Dollar. XRP price must settle above the $0.2000 resistance zone to avoid more losses in the near term. Ripple is climbed towards the $0.2000 resistance and traded as high as $0.1986 against the US dollar. The price …
Read More »Ripple (XRP) Rallies Above Key Resistance After Double Bottom Emerges
Ripple started a strong increase from the $0.1820 support zone against the US Dollar. XRP price seems to have formed a double bottom pattern and it could rise further towards $0.2000. Ripple is up more than 4% and it is now trading above $0.1900 against the US dollar. A double …
Read More »Bitcoin Recovers Sharply Above 100 SMA But $9,500 Holds The Key
Bitcoin recovered sharply after trading to a new monthly low at $8,910 against the US Dollar. BTC is now trading above the 100 hourly SMA, but it is facing a major resistance at $9,500. Bitcoin is up more than 4% and recovered most losses to trade above $9,400. The price …
Read More »About The Clouds: Bitcoin Holds Retest Of Key Weekly Level
Last night at 8PM eastern standard time, Bitcoin price closed its weekly candle at roughly $9,325. While the close marked yet another week of failed attempts to break above $10,000, it also marked the first retest of the Ichimoku indicator Kumo, or “cloud.” Another retest is in progress and currently …
Read More »4 Key Signs Show Bitcoin’s 150% Rally From the $3,700 Lows Is Finally Over
Due to a widespread recovery in risk assets, Bitcoin and its altcoin counterparts have recovered all the losses they have incurred in March. From the March lows of $3,700, in fact, Bitcoin is up by over 150%. Yet with BTC finally stalling in the $9,000s, analysts see a confluence of …
Read More »Analyst Claims It’s Clear Skies for Bitcoin Above This Key Level; Factors to Consider
Bitcoin’s consolidation phase seen throughout the past several weeks muddied the confidence that many investors previously had regarding the strength of its uptrend. Although the crypto’s 150% surge from its March lows has been incredibly impressive, this momentum halted as soon as it reached the five-figure price region. It has …
Read More »Ethereum Could Reverse Losses If It Closes Above One Key Level
Ethereum declined heavily after multiple rejections near $250 against the US Dollar. ETH price is now recovering, but it must settle above $240 to start a fresh increase. ETH price is currently correcting higher from the $225 swing low against the US Dollar. It is now trading above the $230 …
Read More »Ripple (XRP) Nosedives Below Key Support: Here Are Key Turning Points
Ripple declined sharply below the $0.2000 support zone against the US Dollar. XRP price is currently correcting higher, but upsides are likely to remain capped near $0.1950 or the 100 SMA (H4). Ripple price is down more than 5% and it broke a crucial support zone near $0.2000 against the …
Read More »Bitcoin Cash Smashes Key Resistance: Here’s Why It Could Retest $270
Bitcoin cash price is showing positive signs and it is trading above the $250 support. BCH is likely to continue higher and it might break the $265 and $270 resistance levels. Bitcoin cash price is trading in a positive zone above the $250 support against the US Dollar. The price …
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