Key PointsBitcoin price is bleeding and it could extend its slide below the $6,100 level against the US Dollar.There is a connecting bearish trend line in place with resistance at $6,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The pair is clearly under pressure and...
Key HighlightsETH price is under heavy selling pressure as it recently broke the $200 support against the US Dollar.There is a major bearish trend line formed with resistance at $205 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair remains sell on rallies near the $200, $205...
Key PointsBitcoin cash price is under a lot of pressure as it broke the $500 support against the US Dollar.There was a break below a major bullish trend line with support at $540 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair is now trading...
Key HighlightsADA price declined recently and broke the $0.1000 and $0.0920 support levels against the US Dollar (tethered).A recovery is under way inside an ascending channel with resistance at $0.0915 on the hourly chart of the ADA/USD pair (data feed via Bittrex).The pair could correct higher, but it may...
Key HighlightsRipple price recovered nicely after trading as low as $0.2700 against the US dollar.There are two bearish trend lines in place with resistance at $0.3080 and $0.3120 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair could correct further higher, but it could face...
Key HighlightsETH price found support near the $209 level and later corrected higher against the US Dollar.There was a break above a short-term bearish trend line with resistance at $226 on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely to extend the current correction towards...
Key PointsBitcoin cash price started consolidating losses after trading as low as $485 against the US Dollar.There is a short-term ascending channel forming with resistance at $530 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair needs to surpass the $530 and $535 level to...
Key PointsBitcoin price tumbled and broke many supports like $7,000, $6,800 and $6,560 against the US Dollar.There was a break below a declining channel with support at $6,790 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair has moved into a bearish zone and upsides...
Key HighlightsEthereum classic price failed to settle above $14.00 and declined sharply against the US dollar.There was a break below an important bullish trend line with support at $14.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken).The pair declined towards the $11.00 level and it...
Key HighlightsRipple price declined sharply and broke the $0.3200 and $0.3000 support levels against the US dollar.This week’s followed key declining channel was breached with support near $0.3230 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair even broke the $0.2800 support area and traded...