TA: Bitcoin Price Could Surge To $22K, Why BTC Remains Supported
Bitcoin started a decent increase above the $20,000 resistance against the US Dollar. BTC is trading above $20,500 and eying more gains towards the $22,000 level. Bitcoin is slowly moving higher above the $20,000 resistance zone. The price is now trading above the $20,200 level and testing the 100 hourly simple moving average. There is a key bullish trend line forming with support near $20,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it clears the $20,750 and $21,000 levels. Bitcoin Price Gains Momentum Bitcoin price formed a....
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Ethereum price made a major move this past week versus the US Dollar, and it remains supported as there is a crucial support on the downside. Key Highlights. Ethereum price surged higher this past week against the US Dollar and made a high of $14.22. The price remains supported as there is a bullish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX). The price may dip from the current levels, but the bulls may be able to protect the downside. Ethereum Price Trend Line. Ethereum price ETH surged higher recently versus the new dollar and we even saw a new monthly high....
Ethereum is struggling to gain pace above $1,800 against the US Dollar. ETH price remains well supported and it is likely to accelerate higher above $1,800 and $1,850. Ethereum topped near the $1,835 level and it is currently correcting lower. The price is now trading well below $1,800 and the 100 hourly simple moving average. […]
Bitcoin price surged above $32,000 and traded to a new all-time high near $34,780 against the US Dollar. BTC is currently correcting lower and it might even test $31,500. Bitcoin is showing a lot of positive signs above the $30,000 and $31,500 levels. The price is correcting gains, but it remains well supported above $31,500 […]
Bitcoin price started a strong surge above the $42,000 resistance against the US Dollar. BTC traded to a new all-time high near $47,500 and it remains supported for more gains. Bitcoin started a strong increase above the $40,000 and $42,000 resistance levels. The price is now well above $45,000 and the 100 hourly simple moving […]
Solana is correcting gains from the $25 resistance against the US Dollar. SOL price remains supported and might aim for a fresh rally toward $30. SOL price started a downside correction after it failed to clear the $25 resistance against the US Dollar. The price is now trading above $23.00 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $23.90 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could start a strong rally if it clears the $24 and $25 resistance levels. Solana Price Remains In Uptrend After....