Bitcoin Price Recovery Hopes Rise – Can Bulls Push It Past Resistance?
Bitcoin price is attempting a recovery wave above $110,000. BTC is now rising and might gain pace if it clears the $112,000 resistance level. Bitcoin started a recovery wave above the $110,000 zone. The price is trading above $111,000 and the 100 hourly Simple moving average. There is a short-term rising channel forming with support at $110,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $112,000 zone. Bitcoin Price Starts Recovery Bitcoin price started a fresh recovery wave above the $108,500 zone. BTC was....
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Bitcoin price started a recovery wave above the $26,250 resistance. BTC could gain bullish momentum if there is a close above the $27,000 resistance. Bitcoin is slowly moving higher above the $26,250 support zone. The price is trading above $26,250 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support near $26,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $27,000 resistance. Bitcoin Price Recovers Bitcoin price remained well-bid above the $25,800 level. BTC formed a....
Bitcoin price is attempting to recover above $112,500. BTC is now consolidating and might rise if it clears the $114,250 resistance zone. Bitcoin started a fresh increase above the $113,200 zone. The price is trading below $113,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $112,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $114,250 zone. Bitcoin Price Eyes Recovery Bitcoin price started a fresh recovery wave from the $110,200 zone. BTC managed to....
Ethereum price started a fresh recovery above $4,050. ETH is now showing positive signs and might rise further toward the $4,350 level. Ethereum started a recovery wave above the $4,000 and $4,020 levels. The price is trading above $4,050 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,980 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $4,200. Ethereum Price Holds Support Ethereum price started a recovery wave above the $3,950 level, like Bitcoin. ETH price formed a base and....
Bitcoin price continues to witness strong resistance around the $19,400 mark. Over the last 24 hours, the coin depreciated by 2.9%. At the beginning of this month, Bitcoin price had staged a brief recovery but it was met with selling pressure. After the coin started hovering near the $18,000 price mark, this level attracted buyers on the chart. Soon after that, BTC moved up on its chart two weeks ago. The technical outlook of the coin indicated that the bears hadn’t given up yet. The bulls could return to the chart if the coin broke past its immediate resistance mark. Buying strength....