TA: Why Bitcoin Price Eyes Crucial Upside Break Above $41.5K
Bitcoin extended its recovery above the $41,400 against the US Dollar. BTC could rally further if there is a clear close above the $41,500 and $41,800. Bitcoin started a decent recovery wave above the $41,000 and $41,400 levels. The price is now trading above $41,000 and the 100 hourly simple moving average. There is a short-term contracting triangle forming with resistance near $41,510 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $41,500 resistance and $41,800 to start a major upward move. Bitcoin Price Shows Positive Signs Bitcoin price formed....
Related News
Ethereum is holding gains and rising towards $1,600 against the US Dollar. ETH could rally if there is a clear move above the $1,620 resistance zone. Ethereum remained stable above the $1,520 and $1,500 support levels. The price is now trading above $1,550 and the 100 hourly simple moving average. There is a crucial rising channel forming with support near $1,535 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it stays above the $1,520 and $1,500 support levels. Ethereum Price Eyes Upside Break Ethereum corrected lower below the $1,550....
Ripple is holding the key $0.2380 support zone against the US Dollar. XRP price must climb above $0.2450 to increase the chances of an upside break above $0.2550. Ripple is likely forming a crucial breakout pattern with support near $0.2380 against the US dollar. The price is now trading near the $0.2420 pivot level and […]
Ethereum price spiked higher this past week and closed above a major hurdle against the US Dollar. More gains possible in ETH/USD moving ahead? Key Highlights. Ethereum price finally managed to gain traction this past week against the US Dollar for a move towards $11.00. There was a crucial bearish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX), which was broken during the upside move. The price is currently in the bullish zone, but struggling to gain further momentum above $11.00. Ethereum Price Upside Break. This past we saw how there was an upside break in....
Ethereum classic price declined further yesterday against Bitcoin, and then started a recovery. Can ETC buyers get success in taking the price higher? Key Highlights. Ethereum classic price moved further down to break the last low of 0.00121BTC. This week’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is currently acting as a resistance area. The price is currently trading higher, and attempting to break an important resistance area. Ethereum Classic Price Upside Hurdle. ETC price attempted a minor upside move yesterday versus Bitcoin, and then....
Ethereum formed a base near $1,740 and started a recovery wave against the US Dollar. ETH is now facing a major resistance near the $1,900 zone. Ethereum started a recovery wave above the $1,800 and $1,820 levels. The price is now trading above $1,820 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $1,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $1,900 and $1,920 resistance levels to continue higher. Ethereum Price Eyes Upside Break Ethereum extended decline below the $1,800 level.....