Bitcoin Price Builds Base — Consolidates Gains Ahead of Potential ATH Breakouts

Bitcoin Price Builds Base — Consolidates Gains Ahead of Potential ATH Breakouts

Bitcoin price started a fresh increase and cleared the $106,500 zone. BTC is now consolidating and might aim for another increase toward $110,000 Bitcoin started a fresh upward move from the $105,000 zone. The price is trading above $106,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $106,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $107,200 resistance. Bitcoin Price Moves Higher Toward New ATH Bitcoin price started a fresh increase from....


Related News

Bitcoin Price Watch; Intrarange Back On!

Here's a look at what we are focusing on in the bitcoin price this evening. We said this morning that the bitcoin price had been pretty frustrating from an intraday perspective over the last few weeks, and that we hoped this would change as we headed into the close of this one. The frustration is rooted in the sideways action, and the relatively tight range, giving us nothing sustainable by way of breakouts to go after. Well, as today’s action has matured, we’ve seen pretty much an identical continuation of this trend. Sideways action caught between a tight range, with no volatility to....

Top Memecoins Floki (FLOKI), GoodEgg (GEGG) and Dogwifhat (WIF) Show Major Gr...

The memecoin space continues to evolve with tokens like Floki (FLOKI), GoodEgg (GEGG), and DogWifHat (WIF) positioning themselves as major contenders for 2025. As the market looks ahead, these tokens have captured the attention of investors and traders alike, with significant whale activity, upcoming developments, and potential price breakouts. Floki (FLOKI) — A Memecoin Poised […]

XRP Price Consolidates Surge, Ready for Another Leg Up?

XRP price started a major increase above $0.550 and $0.600. The price is now consolidating gains and facing hurdles near the $0.6480 zone. XRP price started a strong increase above the $0.550 and $0.580 levels. The price is now trading above $0.600 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $0.640 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.640 resistance zone. XRP Price Eyes Additional Gains XRP price formed a base above $0.50 and started a major....

Bitcoin Price Watch; Here’s What’s On This Evening

Here's what we are focusing on this evening in the bitcoin price. Trades, parameters and risk levels. Things are drawing to close in the European session, and it’s time to perform our second analysis of the day in our bitcoin price watch strategy. In this morning’s analysis, we noted that price had been pretty volatile across the last couple of weeks, but has since slowed down a little bit, and that range bound trading was expected during today’s session. Further, we suggested that – in response to this range bound action – we would tighten up our parameters and look for scalp entries on....

XRP Price Outlook: Expert Forecasts Potential Rise To $5.5

In the evolving cryptocurrency market, XRP, currently ranked as the fifth largest digital asset, has recently exhibited a modest price increase compared to its major counterparts.  However, when examining XRP’s performance across various time frames, the token has reported significant gains. Nonetheless, it is worth noting that XRP is currently trading well below its yearly high, in contrast to its peers who have achieved and surpassed new highs in 2023 during the recent bullish surge. Impending XRP Price Breakout? Prominent industry expert using the pseudonym “Crypto....