Key HighlightsETH price made a nice upside move and broke the $495 resistance against the US Dollar.There was a break above a major bearish trend line with resistance at $498 on the hourly chart of ETH/USD (data feed via Kraken).The pair is now placed nicely above the $500 level...
Key PointsBitcoin cash price bounced back sharply from the $825 support area against the US Dollar.Yesterday’s highlighted key bearish trend line with resistance at $840 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair is currently trading just below the $900-910 resistance, and...
Cardano Price Key HighlightsCardano is still in its descending channel but might be gaining traction off the bounce.Applying the Fib tool shows the next potential resistance levels that could keep gains in check.Technical signals are looking mixed, with oscillators suggesting further gains in the cards.Cardano appears to be gaining...
Bitcoin Price Key HighlightsBitcoin price broke to the upside of its short-term consolidation pattern to signal bullish pressure.Price has yet to bust through several upside hurdles to confirm that buyers are in control.Technical indicators are mostly suggesting that the drop could still resume.Bitcoin price made a short-term upside break...
With a $50 billion market cap, Ethereum is the second largest cryptocurrency in the world. As it stands, development and adoption fundamentals are on point. That’s what advises our long term projection of the coin. In the short to medium term though, it’s likely that ETH would add on...
Needless to say, IOTA is the biggest loser in the last 24 hours tumbling seven percent and in the process dipping below $1.12 and triggering sells. However, when we take a wholesome approach, bears are likely to drive prices lower across the board in the coming days. As such,...
Key PointsBitcoin price failed to move above the $6,600 resistance and it currently under pressure against the US Dollar.There is a significant bearish trend line formed with resistance at $6,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair must move above the $6,500 hurdle...
Key HighlightsADA price started a fresh downside move from the $0.1750 swing high against the US Dollar (tethered).There is a crucial bearish trend line forming with resistance at $0.1600 on the hourly chart of the ADA/USD pair (data feed via Bittrex).The pair may perhaps continue to move down towards...
Key HighlightsRipple price declined from the $0.5600 swing high with bearish moves against the US dollar.There is a key bearish trend line in place with resistance near $0.5300 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair may perhaps decline further and it could break...
Ethereum Price Key HighlightsEthereum has formed lower highs and higher lows to consolidate inside a symmetrical triangle.Price is approaching the peak of the formation so a breakout could be due anytime soon.Technical indicators appear to be hinting at a potential upside break and rally.Ethereum is currently consolidating inside a...