Key PointsBitcoin price failed to stay above the $6,300 and $6,280 support levels against the US Dollar.Yesterday’s highlighted key contracting triangle was breached with support at $6,350 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair even traded to a new monthly low below $6,000...
Key HighlightsEthereum classic price tumbled and broke the $12.50 and $11.20 support levels against the US dollar.There is a key connecting bearish trend line forming with resistance at $11.30 on the hourly chart of the ETC/USD pair (Data feed via Kraken).The pair is slowly correcting higher towards the $11.00...
Key HighlightsRipple price fell significantly and broke the $0.2800 and $0.2600 supports against the US dollar.Yesterday’s highlighted important bearish trend line is intact with resistance near the $0.2950 level on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is currently correcting higher, but it could...
Key HighlightsETH price extended declines and dropped below the $260 support zone against the US Dollar.Yesterday’s highlighted crucial bearish trend line is intact with resistance at $305 on the hourly chart of ETH/USD (data feed via Kraken).The pair may well correct a few points higher towards $277-280, but it...
Key PointsBitcoin cash price failed to move past the $580-600 resistance and tumbled against the US Dollar.There was a break below a key bullish trend line with support at $500 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair traded below the $475 level and...
Key PointsBitcoin price found support near the $5,970-6,000 area and recovered nicely against the US Dollar.There is a major contracting triangle forming with resistance near $6,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair must break the $6,480 and $6,570 resistance levels to gain...
Key HighlightsADA price extended declines and traded to a new monthly low at $0.1070 against the US Dollar (tethered).There is a crucial bearish trend line formed with resistance near $0.1170 on the hourly chart of the ADA/USD pair (data feed via Bittrex).The pair could drop further if buyers fail...
Key HighlightsRipple price extended losses and traded below the $0.3000 support level against the US dollar.There is a key bearish trend line forming with resistance near the $0.3040 level on the hourly chart of the XRP/USD pair (data source from Kraken).The pair remains at a risk of more losses...
Key HighlightsETH price recovered a few points after trading as low as $304.26 against the US Dollar.There is a major bearish trend line in place with resistance at $320 on the hourly chart of ETH/USD (data feed via Kraken).The pair is struggling to move above the $320 and $328...
Key Points·         Bitcoin cash price started consolidating losses after trading to the $540 low against the US Dollar.