TA: Ethereum Breaking This Barrier Could Spark a Significant Surge
Ethereum remained supported above the $3,650 zone against the US Dollar. ETH must clear the $3,850 and $3,900 resistance levels to continue higher in the near term. Ethereum started a fresh increase above the $3,700 and $3,750 resistance levels. The price is now trading above $3,800 and the 100 hourly simple moving average. There is a major contracting triangle forming with resistance near $3,840 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if it clears the key $3,920 resistance zone. Ethereum Price Remains Supported Ethereum started a downside....
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Today's cryptocurrency price action (Sunday 25th January 2015) is dominated by a surge in the Litecoin price, at one point rocketing up to a high of $2.87 on the BTC-e exchange, before gliding back down to just over $2 at the time of writing. The Bitcoin price is also trading at the higher end of its recent range today, briefly breaking over the psychologically significant $250 barrier before dropping back down to the mid-240s. This rise in the value of BTC brings us almost back up to the level seen at the end of 2014, wiping out most of this year's losses. Reasons for the Litecoin Price....
Bitcoin price is trading in a bullish zone above $57,600 against the US Dollar. BTC is likely to accelerate higher once it clears the $59,800 and $60,000 resistance levels. Bitcoin is trading in a positive zone, but it is facing hurdles near $60,000. The price is now well above the $58,000 support and the 100 […]
Ethereum is trading in a range below the $600 and $602 resistance levels against the US Dollar. ETH price could start a strong surge if there is a successful close above $600. Ethereum is facing a strong resistance near the $600 and $602 levels. The price is consolidating above the $585 support and below the […]
Ethereum is holding the $1,240 and $1,220 support levels against the US Dollar. ETH price seems to be eyeing a fresh surge above the $1,300 and $1,320 resistance levels in the near term. Ethereum retested the $1,200 support zone, where the bulls took a stand. The price is now recovering towards the $1,300 resistance and […]
Because investors had been scrambling to buy XRP in order to lay claim to a corresponding amount of Spark tokens, the altcoin had its most significant bullish breakout in years. Ripple network activity post-Flare airdrop suggests that the asset has fundamentally lost its spark, but technicals might on the flipside suggest that the spark was […]