Key Highlights Ethereum classic price surged higher this week and moved above the $40.00 resistance against the US dollar. There is a connecting bullish trend line forming with support at $40.10 on the hourly chart of the ETC/USD pair (Data feed via SimpleFX). The pair may decline a few points in the...
Key Highlights Ripple price is struggling to move higher and is currently trading below $1.0850 against the US dollar. There is a major contracting triangle pattern forming with resistance at $1.0700 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair has to move above $1.0700 and the...
Key Points Bitcoin cash price is trading above the $1,500 support and is preparing for the next move against the US Dollar. There is a short-term contracting triangle forming with resistance at $1,540 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair is likely to break the triangle resistance...
Bitcoin Price Key Highlights Bitcoin price is still rallying and has broken one resistance level after another. Zooming out to the daily time frame reveals that price is closing in on a major area of interest. Applying the Fibonacci retracement tool on the daily swing high and low shows that this potential...
Key Highlights ADA price declined recently after forming a high near the $0.4185 level against the US Dollar (tethered). There was a break below a major bullish trend line with support at $0.3850 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently holding the $0.3600...
Key Highlights Ripple price after an upside move faced a strong resistance at $1.1500 against the US dollar. There was a break below a connecting bullish trend line with support at $1.0800 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is currently holding the $1.00 support,...
Key Highlights ETH price is correcting lower, but it is holding the $900 support area against the US Dollar. There is a short-term bearish trend line forming with resistance at $920 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now below the 100 hourly simple moving average...
Bitcoin Price Key Highlights Bitcoin price is still trending higher after breaking above a few key resistance levels. Bulls are gaining traction and allowing price to move above an ascending trend line on the 1-hour time frame. Price appears to have completed its pullback from the recent rally and could head up...
Key Points Bitcoin cash price after a nice upside move found sellers near the $1,600 level against the US Dollar. There was a break below a short-term bullish trend line with support at $1,520 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair is currently holding the $1,400 support,...
Key Points Bitcoin price made a nice upside move and traded above $9,000 and $10,000 against the US Dollar. There is a major ascending channel forming with current support at $10,150 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX). The pair may continue to rise and the next...