Bitcoin Price Weekly Analysis – BTC/USD Remains In Clear Uptrend
Bitcoin price as forecasted in the last weekly analysis started to trade higher. If the current sentiment stays, BTC/USD can test $470. Bitcoin Price- Buying dips? Bitcoin price climbed higher this past week and traded towards the $470 resistance area against the US Dollar. The best part of the upside move was the fact that the price settled above the 100 simple moving average on the 4-hours chart (data feed from Bitstamp) of BTC/USD. Once the price closed above the stated MA, there was a sharp rise towards $465 where it found offers. There is now a contracting triangle pattern formed on....
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Ethereum has stalled after hitting the pivotal highs of $420 earlier this week. The coin now trades for $408, failing to break higher even as Bitcoin flirts with yet another breakout ahead of the weekly close. Despite the mixed price action, analysts think ETH remains in bullish standing. Ethereum Analysts Thinks the Uptrend Is Intact One crypto-asset analyst shared the chart below on October 25th. It shows that Ethereum remains in a consolidation below a […]
Bitcoin price achieved a new high for this year, last week. The correction over the weekend looked to be a potential reversal of the uptrend, but after a relatively shallow retracement the uptrend appears to have resumed. 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: 16h22 UTC. BTC-China 1-Hour Chart. From the analysis pages of xbt.social, earlier today: Judging by previous corrections during this advance, once price climbs to the....
Ethereum price traded higher versus the US Dollar and my buy dips idea presented yesterday is playing well in the short term. Key Highlights. ETH price surged higher towards $13.20 against the US Dollar to form an uptrend. There is a bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which may act as a support zone if the pair corrects lower. Buying dips remain a good option for ETH, as long as the price remains supported. Ethereum Price Support. Ethereum price climbed a few points higher during the past 24 hours against the US Dollar to set a high of....
Filecoin (FIL) has recently shown significant strength against tether (USDT) as the price prepares for a rally to the $8 mark. Despite showing some strength occasionally, the price of Bitcoin (BTC) remains volatile as this has affected FIL. Filecoin (FIL) has struggled to break through the $5 barrier, but it may now be poised to do so. (Data from Binance) Related Reading: A Date For The Mt. Gox Repayment Is Set, How Will This Affect Bitcoin? Filecoin (FIL) Price Analysis On The Weekly Chart FIL prices have dropped from around $240 to $4, with the price struggling to stay afloat during the....
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....