Ethereum’s price has been teetering just above its crucial support that exists at the lower boundary of its long-established trading range. This does appear to be an overt sign of technical weakness, although there are several reasons why some analysts still remain bullish on the cryptocurrency. One trader is noting …
Read More »Ripple (XRP) Showing Positive Signs But This Resistance Holds The Key
Ripple is currently correcting higher from the $0.1783 low against the US Dollar. XRP price is showing positive signs, but it must surpass $0.1850 to continue higher. Ripple slowly gaining traction and it is trading above the $0.1800 level against the US dollar. The price is facing a couple of …
Read More »Bitcoin Recovery Runs Into Resistance: Here’s Are Key Breakout Levels
Bitcoin started an upside correction after testing the $9,000 support against the US Dollar. BTC is now facing a strong resistance near the $9,300 and $9,400 levels. Bitcoin is recovering and it is trading above the $9,200 support level. The price is facing a few key hurdles near $9,300, $9,400, …
Read More »Ethereum Smashes Heavy Resistance: Here’s What Could Propel it to $250
Ethereum is up around 2% and it broke the $232 resistance against the US Dollar. ETH has likely moved into a positive zone and it could continue to rise towards $240 or even $250. Ethereum is slowly gaining bullish momentum above the $232 resistance The price tested the $235 resistance …
Read More »Data Suggests Bitcoin is About to Enter a Massive Resistance Region; Levels to Watch
Bitcoin bulls were able to post a strong defense of a crucial support level after facing some turbulence overnight. This bolstered the cryptocurrency and has resulted in it once again trading squarely within its previously formed consolidation channel around $9,400. It does appear that BTC is now sitting just beneath …
Read More »Bitcoin Daily Chart Points A Crucial Breakout Setup With Resistance At $10,000
Bitcoin is trading well above key supports on the daily chart against the US Dollar. BTC seems to be preparing for a crucial bullish breakout above the $10,000 resistance zone. Bitcoin traded as high as $10,390 before it started a minor downside correction. The price is currently trading well above …
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 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 …
Read More »Fears of Bitcoin Dump Intensify as Price Fails to Break 2017-2020 Resistance
Bitcoin popped towards its two-month high early on Thursday, breaking above $9,400 amidst halving hype. But the cryptocurrency failed to secure its intraday gains as it corrected lower by about $937 from the local top. The pullback started at the same level that has been capping bitcoin’s upside attempts since …
Read More »Bitcoin Price Fighting to Close Week Above Key $7,200 Resistance Level
#BTC #Bitcoin bulls pushed the price close through a stiff resistance cluster and to $7,300 but will traders support a weekly close above $7,250? Source link
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