TA: Bitcoin Price Starts Fresh Increase, Why $33,500 Is The Key
Bitcoin price declined sharply towards the $28,000 zone against the US Dollar. BTC is currently rising, but it might face a strong resistance near $33,200 and $33,500. Bitcoin almost 20% towards the $28,000 level before starting a fresh increase. The price is now back above $31,000 and trading nicely above the 100 hourly simple moving […]
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Ethereum started a fresh increase above $1,300 against the US Dollar. ETH price is showing positive signs and it is likely to continue higher towards $1,400 and $1,500. ETH price is gaining bullish momentum above the $1,250 resistance level against the US Dollar. The price is likely to face hurdles near $1,380, but it is […]
Ethereum found support near $2,150 and started a fresh increase against the US Dollar. ETH price is showing positive signs and it could soon rally above $2,500. Ethereum formed a support base above $2,150 and recently started a fresh increase. The price is now trading well above $2,400 and the 100 hourly simple moving average. […]
Ethereum started a fresh increase above the $3,750 level against the US Dollar. ETH price is now struggling to gain pace above the $3,850 zone. Ethereum started a steady increase above the $3,700 zone and $3,750. The price is trading above $3,750 and the 100 hourly simple moving average. There is a key bullish trend lien forming with support near $3,780 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the 100 hourly SMA to avoid a fresh decline in the near term. Ethereum Price Starts Decent Increase Ethereum formed a base above $3,600 and started a fresh....
Bitcoin price started a fresh increase above $60,000 against the US Dollar. BTC is rising and it could attempt an upside break above the $62,000 resistance. Bitcoin managed to pump above the $60,000 and $61,000 levels. The price is now trading above $61,000 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $61,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must settle above $62,000 to start a major increase in the near term. Bitcoin Price Starts Fresh Increase Bitcoin price found support near $58,140....
Litecoin price is struggling to gain pace above $66.40 against the US Dollar. LTC could revisit the $60 support before the bulls take a strong stand. Litecoin is correcting losses from the $63 support zone against the US Dollar. The price is now trading below $66 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $65.50 on the 4-hour chart of the LTC/USD pair (data feed from Kraken). The price could drop toward the $60 support before it starts a fresh increase. Litecoin Price Signals Bearish Move This past week, there was a fresh....