TA: Bitcoin Stuck In Range, Why BTC Remains At Risk of A Sharp Correction
Bitcoin price failed again to clear the $18,800 resistance against the US Dollar. BTC is trading in a range and it could correct lower sharply if there is a break below $18,200. Bitcoin is still trading well below the key resistance area near the $18,700 and $18,800 levels. The price is now below $18,500 and […]
Related News
Crypto analyst Trader Tardigrade has provided insights into the current Dogecoin price action. The analyst revealed that Dogecoin is currently stuck in a range amid the recent crypto market crash and suggested what could happen if the foremost meme coin breaks out of this range. Dogecoin Price Stuck In A Range, What Could Happen Next? […]
A few days have passed, and not much has changed. Despite all the hoopla surrounding the bitcoin price’s recent rise to $620, a drop has occurred, and everyone’s favorite coin is still hovering in the low $600 range. Also read: OKCoin to Blame for Bitcoin Price Retraction to $600? One source writes: “Bitcoin price trend remains up, but a downward correction prior to the next wave of advance remains likely… We’re waiting for price to either surge higher or make a surprise downward correction, but the market’s uncertainty to choose a direction keeps price action on a tightrope… Of course,....
Bitcoin is struggling to settle above $20,500 against the US Dollar. BTC could decline heavily if there is a clear move below the $19,500 support zone. Bitcoin is stuck near the $20,000 zone and trading below the $20,500 resistance. The price is now trading below the $20,000 level and the 100 hourly simple moving average. There is a short-term rising channel forming with support near $19,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate lower if there is a clear move below the $19,600 and $19,500 levels. Bitcoin Price Remains in a Range Bitcoin....
Bitcoin price failed again to clear the $35,000 resistance against the US Dollar. BTC started a fresh decline below $34,000 and it remains at a risk of more downsides. Bitcoin started a fresh decline after it failed to settle above the $35,000 resistance zone. The price is now trading below the $33,500 support and the […]
Ethereum is currently consolidating losses below the $350 pivot against the US Dollar. ETH price remains at a risk of a sharp decline unless it surges past $345 and $350. Ethereum traded as low as $333 and it is currently consolidating losses. The price is facing a major resistance near $345 and the 100 hourly […]