TA: Why Bitcoin Breaking This Resistance Could Spark a Significant Surge
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 […]
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Bitcoin is moving in a positive zone above the $22,000 resistance against the US Dollar. BTC could climb higher if there is a clear move above the $22,500 resistance. Bitcoin settled above the $21,500 and $22,000 resistance levels. The price is now trading above $22,000 and the 100 hourly simple moving average. There is a major bullish trend lien forming with support near $21,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is consolidating gains and might eye a fresh surge above the $22,500 resistance. Bitcoin Price Eyes More Upsides Bitcoin price gained pace....
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 […]
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 […]
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 […]
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....