Key PointsBitcoin cash price attempted an upside recovery and tested the $770-780 resistance against the US Dollar.Yesterday’s highlighted crucial bearish trend line in intact with resistance at $760 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair has to move above the $760, $770 and...
Key HighlightsETH price corrected lower after trading as high as $302.53 against the US Dollar.Yesterday’s highlighted crucial bearish trend line is intact with resistance near $292 on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely to break the trend line and $295 for more gains...
Key PointsBitcoin price recovered nicely after forming a support base near $6,200 against the US Dollar.There was a break above a key contracting triangle with resistance at $6,375 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair may perhaps continue to move higher towards the...
Key HighlightsEthereum classic price corrected lower after trading as high as $18.37 against the US dollar.There is a significant bullish trend line in place with support at $17.10 on the hourly chart of the ETC/USD pair (Data feed via Kraken).The pair is currently holding the trend line support at...
Key Points Bitcoin cash price started an upside recovery from $1494, but failed to gain momentum against the US Dollar. There was a break above a connecting bearish trend line with resistance at $1600 on the hourly chart of BCH/USD (data feed from Kraken). The pair traded higher, but failed to retain...
Key Points Bitcoin cash price started an upside correction from the $1340 swing low against the US Dollar. There was a break above a major bearish trend line with resistance at $1800 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair is now facing a couple of important resistance...
Key HighlightsADA price is currently under pressure and is just holding the $0.2020 support against the US Dollar (tethered).There is a major bearish trend line formed with current resistance at $0.2100 on the hourly chart of the ADA/USD pair (data feed via Bittrex).The pair could decline further if sellers...
On March 7 a report addressed to the Tokyo District Court revealed that a Mt. Gox bankruptcy trustee – Nobuaki Kobayashi – may have contributed to the three month downtrend in the cryptocurrency market. Over the past three months, Nobuaki Kobayashi has sold over $300 mln in Bitcoin on two...
Key Highlights Ripple price gained momentum recently and it moved above the $0.8800 resistance against the US dollar. There was a break above a crucial bearish trend line with resistance at $0.8700 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair looks set to trade further above...
Key HighlightsETH price is trading in a bullish zone above the $630 support zone against the US Dollar.There are two important bullish trend lines forming with support at $640 and $635 on the hourly chart of ETH/USD (data feed via Kraken).The pair is eyeing more gains in the short...