
Bitcoin returns to classic resistance, but belief in a fresh BTC price pullba...
Bitcoin “doesn’t owe you any pullbacks” from current levels, one analyst argues as stability returns to crypto markets. Bitcoin (BTC) stayed tantalizingly close to $50,000 on Tuesday as bulls contended with a classic resistance level.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewToo late for “dirt cheap” Bitcoin?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding necessary support levels for bullish continuation through Tuesday.The pair had dipped to within the $48,000 range over the past 24 hours before exiting to the upside, with $49,000 now the level....
Related News
Ethereum classic price is currently correcting lower versus Bitcoin, as the 0.00250BTC level is acting as crucial resistance for ETC/BTC. Key Highlights. Ethereum classic price continued to face sellers at 0.0024-25BTC versus Bitcoin and struggled to move higher. There is a minor bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is currently acting as a resistance. On the downside, there is a major support at 0.00225BTC, which is acting as a barrier for sellers. Ethereum Classic Price Downside Move. Ethereum classic price tested the 0.00245-250BTC....
Ethereum classic price attempt to recover versus Bitcoin failed, as the price remained under a major resistance area of 0.00205BTC. Key Highlights. Ethereum classic price after a decline against Bitcoin attempted a recovery, but failed near 0.00205BTC. There is a new bearish trend line forming on the hourly chart of ETC/BTC (data feed via Simplefx), which is acting as a resistance. The price remains at a risk of more declines in the near term as long as it is below the 100 hourly simple moving average. Ethereum Classic Price Decline. Ethereum classic price managed to correct a few points....
Ethereum classic price struggle continued during the past 24 hours against Bitcoin. More losses ahead in the ETC/BTC pair? Key Highlights. Ethereum classic price continued to dive against Bitcoin and traded as low as 0.00258BTC. This week’s highlighted crucial bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is still in play and acting as a resistance. The price may correct a few pips lower in the short term, but remains in a downtrend. Ethereum Classic Price Resistance. Ethereum classic price ETC remained under a lot of bearish pressure against Bitcoin, and there....
Ethereum classic price found bids one more time near 0.0033-35BTC. Can ETC buyers succeed in taking the price higher in the near term? Key Highlights. Ethereum classic price traded down once again versus Bitcoin, but somehow managed to find bids at 0.0035BTC There is a crucial bearish trend line formed on the 30-min chart of ETC/BTC (data feed via Simplefx), which is preventing the upside break. The price is also below the 100 simple moving average on the same chart, acting as a resistance. Ethereum Classic Price Resistance. Ethereum classic price ETC after finding sellers near yesterday’s....
Ethereum classic price managed to break the 0.00205BTC resistance, but failed to gain pace. Can it now hold the broken resistance? Key Highlights. Ethereum classic price started to correct a few points higher this past week against Bitcoin and traded above 0.00205BTC. There is a minor bullish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is currently providing support. The price is now above the 100 hourly simple moving average, which is a positive sign. Ethereum Classic Price Support. Ethereum classic price was seen trading higher against Bitcoin. There....