Key HighlightsETH price started a nice upside recovery and moved above the $710 resistance against the US Dollar.There is a key bullish trend line with support at $710 forming on the hourly chart of ETH/USD (data feed via Kraken).The pair is currently correcting lower, but it remains supported near...
Key Highlights Ripple price struggled to gain momentum above $1.15 and declined sharply against the US dollar. There is a crucial bearish trend line forming with current resistance at $1.02 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is currently trading well below the $1.00 support...
Key Highlights Ethereum classic price remains in a positive zone above the $33.00 support against the US dollar. There is a crucial declining channel forming with resistance at $35.20 on the hourly chart of the ETC/USD pair (Data feed via SimpleFX). The pair must break the $35.00-35.20 resistance area to gain upside...
1,040 Share NEO price just broke another record mark reaching over $170.00. Will there be a pullback or is this just the beginning? Important to Note: The $100 important level has yet again withstood tanking movements. Breaking above the $145.00 mark on yesterdays hourly chart movement of the pair NEO/USD secured a...
Key Points Bitcoin cash price started a minor upside correction after trading as low as $1,390 against the US Dollar. Yesterday’s highlighted a new bearish trend line with current resistance at $1,520 is active on the hourly chart of BCH/USD (data feed from SimpleFX). The pair is currently trading in a range...
The cryptocurrency market turned upside down on Friday, having lost about $50 billion market capitalization overnight.With the exception of only Augur, Nuls, and Tether, the whole list of top 100 digital currencies are on the red. The dreadful sentiment seems to be a reaction to reports that South Korea’s...
Key Points Bitcoin cash price corrected higher but it failed to break the $945 resistance against the US Dollar. There is a major bearish trend line forming with resistance near $965 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may continue to trade in a range...
Key Highlights ADA price faced a lot of sellers and moved below the $0.4000 support against the US Dollar (tethered). There is a declining channel forming with current resistance at $0.3950 on the hourly chart of ADA/USD (data feed via Bittrex). The pair is likely to decline further and it could even...
Key Highlights ETH price after declining further, formed a low at $553 and started an upside recovery against the US Dollar. There is a major bearish trend line forming with resistance at $780 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is struggling to break the $780 resistance...
Key Points Bitcoin cash price started a decent upside move and traded above the $1,200 resistance against the US Dollar. There was a partial break above yesterday’s highlighted bearish trend line with resistance at $1,220 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair is correcting lower, but it...