TA: Why Bitcoin Close Below $38K Could Spark Larger Degree Correction

TA: Why Bitcoin Close Below $38K Could Spark Larger Degree Correction

Bitcoin price started a downside correction from the $41,000 zone against the US Dollar. BTC is struggling to stay above $38,000 and it is likely to continue lower. Bitcoin failed to stay above the $40,000 pivot level and started a fresh decline. The price is struggling to stay above $38,000 and the 100 hourly simple […]


Related News

Ethereum Close Below $350 Could Spark Larger Degree Correction To $330

Ethereum tested the $370 resistance before correcting lower against the US Dollar. ETH price could start a larger decrease if it fails to stay above $350 and $348. Ethereum started a fresh decline after trading to a new weekly high near $370. The price is now trading below the $355 support and the 100 hourly […]

TA: How Ethereum Close Below $2.3K Could Spark Larger Degree Decline

Ethereum remains in a bearish zone and it traded below $2,350 against the US Dollar. ETH price could accelerate lower if there is a close below $2,300. Ethereum extended its decline below the $2,400 and $2,350 levels. The price is now trading well below $2,400 and the 100 hourly simple moving average. There is a […]

TA: Why Ethereum (ETH) Below $3K Could Spark Larger Degree Correction

Ethereum extended its decline below the $3,120 support against the US Dollar. ETH price even spiked below $3,000 and it remains at a risk of more downsides. Ethereum started a major decline below the $3,200 and $3,120 support levels. The price is now trading below $3,100 and the 100 hourly simple moving average. There was a break below a key contracting triangle with support near $3,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if there is a close below the $3,000 support. Ethereum Price Extends Losses Ethereum failed to stay above the....

TA: Ethereum Close Above $470 Could Spark Larger Rally To $500

Ethereum is showing positive signs above the $455 support against the US Dollar. ETH price is likely to surge towards $500 if there is a clear break above $500. Ethereum is slowly gaining pace above the $450 and $460 levels. The price is currently trading nicely above the $460 level the 100 hourly simple moving […]

TA: Ethereum Close Below $1K Could Spark Larger Degree Downtrend

Ethereum is struggling below $1,080 against the US Dollar. ETH could decline heavily if there is a close below the $1,000 support zone. Ethereum remained in a bearish zone below $1,100 and $1,080 levels. The price is now trading below $1,100 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline again unless there is a clear move above the $1,120 resistance zone. Ethereum Price Remains At Risk Ethereum remained in a bearish zone and retested the $1,000 support....