Key PointsBitcoin cash price recovered recently, but it struggled to break the $1,500 resistance against the US Dollar.There was a break below a short-term contracting triangle pattern with support at $1,450 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair may decline a few points...
Key Highlights Ripple price is trading well below the $0.5900 resistance and pivot level against the US dollar. There is a major bearish trend line forming with resistance near the $0.5750 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses...
Key Highlights Ripple price failed to hold gains above the $0.5000 level and declined against the US dollar. Yesterday’s highlighted important bullish trend line with support at $0.5020 was broken on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently holding the $0.4750 support, which is...
Key Highlights Ripple price recently corrected lower and found support near the $0.8400 level against the US dollar. There is a crucial bullish trend line forming with support at $0.9350 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair may continue to rise in the near term...
Key PointsBitcoin price spiked above the $6,800 resistance recently before correcting lower against the US Dollar.There is a short-term bearish trend line in place with resistance at $6,730 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair is likely to move further higher above the...
Key PointsBitcoin price started a downside correction after trading as high as $6,680 against the US Dollar.There is a new contracting triangle forming with support near $6,410 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair must stay above the $6,400-10 support area to avoid...
Key PointsBitcoin cash price surged higher and broke a major resistance near $850 against the US Dollar.Yesterday’s highlighted key bullish trend line is intact with support near $810 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair is likely to accelerate gains above the $875...
Key HighlightsETH price declined heavily and traded close to the $425 support area against the US Dollar.There is a crucial bearish trend line in place with resistance at $448 on the hourly chart of ETH/USD (data feed via Kraken).The pair is consolidating losses and it is facing many resistances...
Key HighlightsETH price failed to gain traction and broke the $440 support against the US Dollar.There is a new connecting bearish trend line forming with resistance near $460 on the hourly chart of ETH/USD (data feed via Kraken).The pair is currently under pressure and it seems like it could...
Key HighlightsETH price declined sharply and broke a major support at $680 against the US Dollar.There was a break below a key bullish trend line with support at $678 on the hourly chart of ETH/USD (data feed via Kraken).The pair declined sharply and then recovered, which looks like a...