Bitcoin Price Back at Resistance – Fed Meeting Could Trigger Big Move
Bitcoin price is moving higher above $116,200. BTC is now consolidating and might gain bullish momentum if it clears the $116,850 resistance zone. Bitcoin started a fresh increase above the $116,000 zone. The price is trading below $116,000 and the 100 hourly Simple moving average. There was a break above a contracting triangle with resistance at $115,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $116,850 zone. Bitcoin Price Hits Resistance Bitcoin price started a fresh upward wave above the $114,500 zone. BTC....
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XRP price is consolidating above the $0.420 support zone. The price could gain bullish momentum if there is a move above the $0.440 and $0.4450 resistance levels. XRP price is attempting a recovery wave above the $0.4220 zone. The price is now trading above $0.430 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $0.4370 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a decent upward move if it clears the $0.440 and $0.450 resistance levels. XRP Price Aims Higher XRP price formed a base....
XRP price started a fresh increase above the $2.150 zone. The price is now consolidating and facing hurdles near the $2.250 level. XRP price started a fresh increase and climbed above the $2.20 zone. The price is now trading below $2.250 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $2.2350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if there is a close above the $2.250 resistance. XRP Price Eyes Fresh Surge XRP price remained supported above $2.125 and....
Bitcoin price could turn upon hitting the resistance at the top of the rising channel, possibly making its way towards support again. Technical indicators are giving mixed signals but it looks like the short-term uptrend might carry on. The 100 SMA is below the 200 SMA so the path of least resistance might be to the downside, signaling that the mid-channel area of interest could still keep gains in check. If so, bitcoin price could drop back to the channel support around $370-372. Stochastic is on the way up so there may be some buying pressure left enough to trigger a test of the....
Bitcoin price found support near $108,680 and started a recovery wave. BTC is trading above $111,000 and facing hurdles near $112,500. Bitcoin started a fresh recovery wave above the $110,500 zone. The price is trading above $110,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $109,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it clears the $112,500 zone. Bitcoin Price Starts Recovery Bitcoin price managed to stay above the $108,500 zone and started a....
XRP price started a fresh decline below $2.90. The price is now struggling and might continue to move down if it trades below $2.820. XRP price is slowly moving lower below the $2.90 zone. The price is now trading below $2.90 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh decline if it settles below $2.820. XRP Price Dips Further XRP price failed to stay above $3.00 and started a fresh decline, like Bitcoin and Ethereum. The price....