Bitcoin Price Pushes Higher from Support
Bitcoin price pushed higher from the horizontal support zone near $660. The outlook remains that the market is engaged in a sideways base formation prior to advance. A push higher, today, from the horizontal support in the low $560s. The 4hr chart indicates ongoing consolidation, with MACD compressing and the stochastics (top) very quickly pushing back toward their maximum. We expect price to continue drawing sideways as the 4hr 200MA descends into the area of price – then the surge higher toward $600 and a larger advance – hopefully in the coming days. Price remains above its 1day 200MA....
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During the course of the week digital currency markets have seen colossal gains and one crypto asset, in particular, XRP, has jumped significantly in value over the last seven days. The distributed ledger token XRP climbed 25% upwards on Tuesday alone, and seven-day price stats show the coin has gained 123% as well. At the time of publication, XRP is currently swapping for $0.677 per coin as it gained more than 25% during the early morning (ET) trading sessions on Tuesday. The coin holds the third-largest market valuation today with a current liquid market cap at around $22.55 billion. The....
Bitcoin price climbed $6 in a quick move earlier today. Whatever price does between now and the looming decline is anyone’s guess. Price climbed back above the 1hr 200MA and should now, conceivably, continue higher. However, advance will be temporary, since the downside price pattern that started on the 27th of March remains incomplete. The converging grey trendlines above and below price will continue to constrain the market’s range until an ecosystem event catalyzes a breakout. Bitcoin price pushes higher to an unknown target. The move may re-attempt $430 or it may be over already. The....
Bitcoin price pushes higher, again, from horizontal support zone near $560. The outlook remains that the market is engaged in a sideways base formation prior to advance. Good upward continuation, today, toward the 4hr 200MA (red). We’re looking at the BTCC chart, since the reference Bitstamp chart is losing clear wave definition as price consolidates. Although the 1hr chart has started drooping, at the time of writing, the 4hr chart shows that additional upside is likely: 1) The stochastics have not yet grouped at their maximum 2) MACD remains above its signal line What we want to see is....
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Dogecoin Price Key Highlights. Dogecoin price showing some signs of a recovery, which means there is a chance of a move higher. 0 Satoshis continued to act as a support to the price and as long as it holds more gains are likely. There are two trend lines formed on the hourly chart, one on the downside and another on the upside. Dogecoin price managed to hold ground and it looks like buyers might take an attempt to take the price higher. Trend line resistance. Our highlighted support area of 50.0 Satoshis continued to act as a support for the price. The price is currently correcting higher....