Bitcoin Price Key HighlightsBitcoin price recently broke above a short-term descending trend line as an early reversal signal.Price reached the $6,650 level then made a pullback to the broken resistance, which lines up with the Fibs.Technical indicators also suggest a continuation of the reversal.Bitcoin price broke above its descending...
As pitched, Bitcoin Cash is the new Ethereum all thanks to the Wormhole protocol which will make smart contracting and asset tokenization a possibility. Now, could this fact alone be the reason why BCH is up 10 percent in the last day? Or are BCH on a path towards...
For the first time in more than n days, the top 10 is green and printing double digits right at main support lines. Of course, in the last days, support lines were melting but gains at Litecoin, IOTA, Tron and EOS are steeling coin supporters. In the top 10...
Key PointsBitcoin price recovered nicely after trading as low as $5,894 and moved above $6,200 against the US Dollar.There is a new connecting bullish trend line forming with support at $6,180 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair could revisit the $6,550 resistance...
Key HighlightsADA price declined heavily and traded as low as $0.0844 against the US Dollar (tethered).This week’s highlighted significant bearish trend line is still active with resistance near $0.1100 on the hourly chart of the ADA/USD pair (data feed via Bittrex).The pair is currently correcting higher, but it is...
Key HighlightsRipple price recovered nicely and moved above the $0.2750 resistance area against the US dollar.This week’s crucial bearish trend line is preventing gains with resistance near the $0.2900 level on the hourly chart of the XRP/USD pair (data source from Kraken).The pair may perhaps break the $0.2900-0.3000 resistance...
Key HighlightsETH price started a short-term correction and moved above the $275 level against the US Dollar.This week’s followed important bearish trend line is in place with resistance at $300 on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely to find a strong selling interest...
Key PointsBitcoin cash price is recovering after finding buyers around the $475 level against the US Dollar.There was a break above a short-term contracting triangle with resistance at $490 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair is trading with positive signs, but it...
Bitcoin Price Key HighlightsBitcoin price is still hovering above the long-term support around the $6,000 area.A bullish divergence can be seen, suggesting that a bounce may be in order.Moving averages, however, still indicate that more losses are in the cards.Bitcoin price is still testing the long-term floor, and a...