Bitcoin Eyes Fresh Rally, Why Close above $66k Is Important
Bitcoin price recovered losses and climbed above $65,000 against the US Dollar. BTC must climb above the $66,350 zone to start a fresh rally in the near term. Bitcoin started a fresh increase from the $62,500 support zone. The price is now trading above $65,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $65,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if there is a clear close above $66,000. Bitcoin Price Faces Resistance Bitcoin price remained well bid near....
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Bitcoin price started a fresh increase from $60,000 against the US Dollar. BTC is back above $62,000, but it must clear $64,000 for hopes of a fresh rally. Bitcoin recovered losses and was able to climb above the $62,500 resistance. The price is now trading above $62,000 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $63,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a steady increase if there is a close above the $64,000 resistance zone. Bitcoin Price Eyes Fresh Rally Bitcoin price....
Ethereum started a fresh rally above the $4,200 resistance against the US Dollar. ETH broke the $4,350 level and it could continue to rise in the near term. Ethereum started a fresh increase above the $4,200 and $4,300 resistance levels. The price is now trading above $4,300 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $4,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $4,250 support zone. Ethereum Price Eyes Fresh Increase Ethereum gained pace above the $4,250....
Ethereum price is correcting gains from the $1,750 resistance against the US Dollar. ETH is trading above the $1,680 support and might start a fresh increase. Ethereum started a downside correction below the $1,720 level. The price is trading above $1,690 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near $1,705 on the hourly chart of ETH/USD (data feed via Kraken). The pair could soon start a fresh increase above $1,720 and $1,750. Ethereum Price Eyes Fresh Increase Ethereum’s price started a decent increase above the $1,700....
Ethereum traded to a new all-time high above $4,800 before correcting lower against the US Dollar. ETH could start a fresh rally unless there is a break below $4,650. Ethereum started a downside correction below the $4,750 and $4,700 levels. The price is now trading above $4,650 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $4,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if there is no break below $4,650. Ethereum Price Eyes Fresh Increase Ethereum extended rally above the....
Key Highlights. The Dogecoin price started a correction phase and currently forming a major triangle pattern on the hourly chart. Buyers need to step in and take the price above the highlighted triangle for a rally towards 45.0. Looking at the feed from CEXIO, there is already a break in favor of buyers above a bearish trend line. Dogecoin price is showing important signs of reversal and eyes a break above the 100 hourly MA for more gains. Importance of 100 MA. We were anticipating a corrective rally in the Dogecoin price, and it broke the shackles around 30.0 Satoshis. The corrective....