Bitcoin Price Holding Ground
Bitcoin price has moved strongly on the first day of the new year, and the increased volatility may herald large price distances during 2016. A fifth wave of advance, from yesterday’s low, pushed higher into strong divergence. The market’s initial reaction was to sell-off from the new local high. The 1hr chart has an apparent MA buy signal but it is not yet well-formed, so confidence in the push higher requires additional confirmation. A bullish confirmation of advance will occur when the 1hr 20MA (green) crosses above the 1hr 200MA (red). Once this MA configuration occurs we also want to....
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Ethereum is holding the key $3,120 support zone against the US Dollar. ETH price is consolidating and it seems like it could soon clear the $3,500 resistance zone. Ethereum is holding the ground above the $3,120 and $3,200 support levels. The price is still well below the $3,600 level and the 100 hourly simple moving […]
Bitcoin price is holding ground near $250 and 1550 CNY after a surge from $240 yesterday. Monday morning may see markets, especially the Euro-pair forex instruments react strongly to the surprise twist in the Greek elegy. We consider the paths of price in the coming days, with critical levels that will define the price action. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 14h34 UTC. Bitfinex 1-Hour Chart. From the analysis pages of....
Ethereum corrected lower below $440, but it remained stable above $435 against the US Dollar. ETH price is likely to gain momentum if it clears the $460 resistance zone. Ethereum is holding the ground above the $440 and $435 support levels. The price is showing positive signs above the $440 support and the 100 hourly […]
Polkadot’s DOT corrected lower from $42.00, but it remained stable above $30.00 against the US Dollar. It is now rising and it seems like the bulls are eyeing a fresh increase to $40.00 and $42.00. DOT is holding the ground above the $30.00 and $35.00 levels against the US dollar. The price is trading nicely […]
Polkadot’s DOT started a fresh increase from the $28.00 support against the US Dollar. It is rising and the bulls seem to be eyeing an upside break above the $40.00 resistance DOT is holding the ground above the $35.00 and $36.00 levels against the US dollar. The price is trading nicely above the $35.00 support […]