Bitcoin Price Going Lower To Go Higher

Key Highlights. Bitcoin price continued to rocket higher in the tensed market, as there were a lot of inflows noted during this past week. There are many supports on the downside that are likely to act as a hurdle for sellers if the price moves lower from the current levels. Bitcoin price traded close to 300.00, and traded as high as 294.63 where it found sellers and moved a bit lower. We stated in the previous weekly analysis that Bitcoin price remains in an uptrend, and there is a high probability that price might continue to move higher. The price did move higher, as buyers remained in....

RubyCoin Price Key Highlights. Rubycoin price continued to trade higher and managed to trade near 0.000230BTC. The price is under a bullish pressure, which means there is a chance of it moving further higher. There is a bullish trend line formed on the hourly chart, which is likely to act as a support in the near term. Rubycoin price traded higher, and it looks like buyers might overcome selling pressure for one more leg higher. Can it be broken? The Rubycoin price recently spiked higher to trade above the last high and create a new high around 0.000230BTC. Buyers continued to stay in....

Litecoin Price Key Highlights. Litecoin price rocketed higher and gained by more than 30% to trade above the $4 resistance area. The price traded as high as $4.19 and currently correcting lower with a chance of another bullish ride. Litecoin price gained heavily this past week, as there was a sharp spike higher that took the pair above the $4 level. Trend Line break? The Litecoin price this past week moved a bit lower before finding buyers around the $2.90 support area. There was a solid buying interest noted around the stated level, which ignited a run higher. The upside was very strong....

Key Highlights. Litecoin price fell lower as anticipated in the weekly forecast and reached our sell trade target of $3.50. There was a sharp reversal noted from the mentioned area, as the price managed to recover all its losses. There is a chance of a double top pattern on the hourly chart around $3.83-85 (price feed from Bitfinex). Litecoin price after completing a correction started to trade higher once again, but it is facing a tough barrier near the last swing high of $3.85. Can Litecoin Price Move Lower? Litecoin price after setting a short-top near $3.83 moved lower as a part of....

Dogecoin Price Key Highlights. Dogecoin price traded higher recently, but the upside move was not convincing, which leaves it at a risk of declines. The broken trend line (as highlighted in yesterday's post) was tested again. There is a chance that the price might head lower one more time and retest 60.0 Satoshis in the near term. Dogecoin price failing to hold gains is a worrying sign, and might call for a move lower if buyers did not manage to push it higher. Retest of 60 Satoshis? The Dogecoin price showed a lot of bearish signs on the hourly chart, which leaves it at a risk of a move....