TA: Bitcoin Fails Near Key Zone, Can Bulls Save The Day
Bitcoin attempted a key upside break above the $38,500 resistance against the US Dollar. BTC failed to clear $38,500 and started a fresh decline. Bitcoin struggled to gain pace above the $38,200 and $38,500 resistance levels. The price is now trading below $37,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $37,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if the bulls are able to protect the $35,500 support zone. Bitcoin Price Keeps Struggling Bitcoin price started....
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Ethereum extended decline below the $2,600 support zone against the US Dollar. ETH price could even retest $2,445, where the bulls might appear. Ethereum remained in a bearish zone below the $2,650 support. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend decline if it fails to stay above $2,500 and $2,445. Ethereum Price Turns Red Ethereum started a fresh decline from well above $2,700. ETH traded below the $2,650....
Bitcoin failed to clear the $50,000 resistance zone against the US Dollar. BTC is sliding and there is a risk of more downsides below $47,000. Bitcoin made two attempts to clear the $49,500 resistance but failed. The price is now trading below $48,500 and the 100 hourly simple moving average. There is a connecting bullish trend line forming with support near $47,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could decline heavily if there is a clear break below the $47,500 support zone. Bitcoin Price Tops Near $49,500 Bitcoin price started a recovery wave....
Bitcoin spiked above the $20,500 resistance against the US Dollar. BTC is now struggling near $19,800, with a major support near the $19,600 zone. Bitcoin made another attempt to gain strength above $20,500 but failed. The price is now trading above the $19,500 level and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $19,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rise again unless there is a clear move below the $19,500 support zone. Bitcoin Price Faces Hurdles Bitcoin price remained supported above....
Ripple is down 5% and it broke the key $0.2300 support zone against the US Dollar. XRP price tested the next major support at $0.2200 and it is currently struggling to recover higher. Ripple remained in a bearish zone and broke the key $0.2300 support against the US dollar. The price is testing the $0.2200 […]
Ethereum is slowly moving higher towards $1,200 against the US Dollar. ETH could clear $1,200 unless it fails to stay above the $1,120 support zone. Ethereum extended gains and climbed above the $1,150 resistance zone. The price is now trading above $1,150 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $1,160 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it stays above the key $1,120 support zone. Ethereum Price Rises Steadily Ethereum remained steady above the $1,100 pivot level. There was....