Bitcoin Price Weekly Analysis - Crucial Trend Line Support
Bitcoin price may have created a short-term top around the $500 level. it looks like the price may struggle to hold more losses moving ahead. Intraday Support Level for Bitcoin price can be at $350. Intraday Resistance Level may be at $380. Bitcoin price found it hard this past week to trade higher, especially above the $500 mark. There were sellers around the stated level aligned from a long time defending the upside move. Finally, they managed to push the price down. There was a contracting triangle pattern formed on the daily chart via the data feed from HitBTC, as highlighted in the....
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Ethereum price weakened a few points this past week. Now, can it manage to recover or will it break down for more losses? Let’s try to figure it out. Ethereum price traded in a stable fashion this past week, as there were no wild swings in ETHUSD. The price was mostly seen struggling this past week, and every time there was a minor correction, bears stepped in to prevent additional gains. Now, the price seems to be trading near a crucial support area, as ETH is trading near a monster bullish trend line on the 4-hours chart of Ethereum price (data feed via Kraken). If the price has to....
Key Highlights. Dash price after surging higher corrected lower as forecasted in the weekly analysis. There is a major support building around 0.0125BTC, which is likely to act as a pivot area. A bullish trend line is also formed, which is a crucial barrier for sellers. Dash price correction phase is likely to complete soon, which means buyers might take control in the near term. 0.0125BTC as a support. As highlighted in the weekly analysis, the Dash price surged higher after clearing a couple of major resistances like 0.0120BTC and 0.0125BTC. The upside after the break was stalled around....
Ethereum price remains supported on the downside against the US Dollar, and buying dips may be opted in the near term. Key Highlights. Ethereum price slowly and steadily traded higher this past week versus the US Dollar. There is a crucial bullish trend line formed on the 4-hours chart of ETH/USD (data feed via SimpleFX), which may continue to act as a support. As long as the price is above the highlighted trend line support, it may bounce soon. Ethereum Price Trend. Ethereum price ETH did not make any major moves this past week versus the US Dollar, but it slowly moved higher. The price....
Dogecoin price is trading with a positive tone. However, there is a crucial resistance building near 75.0 Satoshis where buyers may struggle. Intraday Support Level can be 66.0 Satoshis. Intraday Resistance Level may be 75.0 Satoshis. Dogecoin price after dipping close to the 54.0 Satoshis found support and started to move higher. There was a major resistance formed near a bearish trend line formed on the 4-hours chart (data feed from HitBTC). The highlighted trend line was coinciding with the 50% Fib retracement level of the last drop from the 79.2 Satoshis high to 54.1 Satoshis low.....
Ethereum price was under a lot of bearish pressure against the US dollar, and currently the bulls are fighting around a major support. Key Highlights. Ethereum price declined heavily versus the US Dollar, but currently trading near a crucial support. There is a critical bullish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX), which may stop the downside going forward. The 100-day simple moving average is also on the downside to act as a support area. Ethereum Price Trend. Ethereum price ETH after staying above the $13.00 level against the US Dollar for some time,....