Bitcoin Price Faces Stiff Resistance: Is Another Drop on the Horizon?

The Bitcoin (BTC) market took a positive turn in the past week rising by 1.10% according to data from CoinMarketCap. While there are still expectations of a further price correction, the effects of macroeconomic developments as seen with recent statements from US President Donald Trump cast more uncertainty over the premier cryptocurrency’s future trajectory. Related […]

Moein Haddadian, a TradingView crypto analyst, has unveiled a new Dogecoin price prediction, suggesting that a breakout is on the horizon. The analyst highlights key resistance levels that must be cleared before the popular meme coin experiences a price recovery above the $0.3 threshold.  Dogecoin Price Faces Resistance On Path To Recovery Dogecoin has been […]

Ethereum price is attempting a recovery wave above the $3,125 zone. ETH must clear the $3,200 resistance to continue higher in the near term. Ethereum extended losses and tested the $3,075 support zone. The price is trading below $3,180 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $3,140 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below the $3,125 support. Ethereum Price Faces Resistance Ethereum price struggled to recover and extended losses below the $3,100 level. ETH traded as....

Litecoin price recovered well after a major drop. However, the bulls have a job on their hand, as LTC/USD faces a major resistance areal. An important resistance Level is at $3.25. Litecoin price managed to trade higher against the US dollar and was mostly seen consolidating below a major resistance area of $3.25-30. There is a confluence area forming around the stated levels, as there is a bearish trend line on the 4-hours (data feed via Bitfinex) positioned. Moreover, the 61.8% Fib retracement level of the last drop from the $3.40 high to $3.00 low is also aligned near it to increase the....

Ethereum started a recovery wave above the $2,840 level against the US Dollar. ETH is now facing a major challenge near $2,905 and the 100 hourly SMA. Ethereum started a decent recovery wave above the $2,840 and $2,850 levels. The price is still below $2,900 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $2,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,900 and $2,915 resistance levels to continue higher. Ethereum Price Faces Resistance Ethereum traded as low as $2,766 before it started a....