Key Points Bitcoin cash price is struggling to break the $1,280-90 resistance area against the US Dollar. There is a short-term connecting bullish trend line forming with support at $1,220 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair must stay above the $1,200 level to move further higher...
Bitcoin Price Key Highlights Bitcoin price looks ready to resume its climb as it forms a new uptrend channel on the 4-hour chart. Price is also forming an inverse head and shoulders on this same time frame. Applying the Fib extension tool on the latest pullback shows how high bitcoin price could...
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...
Key Highlights Ripple price was able to move above the $0.8400 resistance against the US dollar. There was a break above a significant bearish trend line with resistance at $0.8450 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is now placed nicely above the $0.8600 support...
Other than LTC/USD, NEO, EOS, Lumens and even IOTA are moving higher. Even though yesterday’s lower lows in LTC should be a wonderful buying opportunity for buyers, sellers should be cautious and place stops above yesterday’s highs at around $220. Other than that, EOS is on the upside and the bounce...
Key Highlights ETH price was able to move higher and it recently traded above $845 against the US Dollar. There was a break above a major bearish trend line with resistance at $837 on the hourly chart (data feed via SimpleFX). The pair traded as high as $869 and it is currently...
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...
Bitcoin Price Key Highlights Bitcoin price could be in for a longer-term climb as it looks ready to form another inverse head and shoulders pattern. Recall that bitcoin price staged a decent rally after forming a smaller inverse head and shoulders on its 1-hour chart. Price has yet to test the neckline...
Key Highlights ADA price started a minor upside move and traded above the $0.300i0 level against the US Dollar (tethered). There was a break above a major bearish trend line with resistance at $0.3130 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair traded as high as...
Key Highlights Ripple price is holding the $0.8200 support area and is currently approaching a break against the US dollar. There is a major contracting triangle forming with resistance at $0.8550 on the hourly chart of the XRP/USD pair (data source from SimpleFx). A break and close above $0.8500 and $0.8600 could...