Key PointsBitcoin price climbed higher and broke the $6,320 and $6,380 resistance levels against the US Dollar.There was a break above a major contracting triangle with resistance at $6,330 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair is currently correcting lower and the previous...
Key HighlightsEthereum classic price is under pressure below the $11.20 and $11.40 resistances against the US dollar.There is a declining channel in place with resistance at $11.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken).The pair remains at a risk of more declines as long...
Key HighlightsRipple price started a short-term upward move towards the $0.2700 resistance area against the US dollar.Yesterday’s highlighted two bearish trend lines with resistance at $0.2600 and $0.2690 were breached on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is correcting higher, but it is...
Key HighlightsETH price started an upside correction after it found support near $168 against the US Dollar.There was a break above a major declining channel with resistance at $183 on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely to face a strong resistance near the...
Key PointsBitcoin cash price traded to a new low at $410 before starting a recovery against the US Dollar.This week’s highlighted important bearish trend line could stop upsides near $450 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair is recovering, but it is about...
Key PointsBitcoin price declined slightly and settled below the $6,300 level against the US Dollar.There was a break below a short term triangle pattern with support at $6,320 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair is currently trading below the 100 hourly SMA...
Key HighlightsADA price declined further and broke the $0.0700 support level against the US Dollar (tethered).There is a major declining channel in place with resistance at $0.0700 on the hourly chart of the ADA/USD pair (data feed via Bittrex).The pair is likely to break the $0.0620 support area and...
Key HighlightsRipple price extended losses and broke the $0.2500 support zone against the US dollar.There are two bearish trend lines in place with resistance at $0.2650 and $0.2750 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is under a lot of pressure and it...
Key HighlightsETH price is under a lot of pressure as it broke the $185 low against the US Dollar.There are two bearish trend lines in place with resistance at $190 on the hourly chart of ETH/USD (data feed via Kraken).The pair could continue to move down and it may...
Key PointsBitcoin cash price declined further and broke the $460 and $450 support levels against the US Dollar.This week’s followed major bearish trend line is still in place with resistance near $460 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair remains in a downtrend...