Bitcoin Price Starts Recovery But Can Bulls Clear This Hurdle?
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....
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Ethereum is likely forming a strong support base above $1,580 against the US Dollar. ETH price could recover further, but it could face a strong resistance near $1,650. Ethereum remained strong above $1,550 and started a decent recovery. The price is still well below the $1,650 resistance and the 100 hourly simple moving average. There […]
Bitcoin price has been consolidating for many weeks now, but has still yet to choose continuation or further correction. Over the last few days, bulls have begun to regain momentum, but have yet to clear one important hurdle before it is “off to the races,” says one crypto capital manager. Here’s the line they’re referring […]
Ethereum price managed to recover from the $1,520 level against the US dollar. ETH is now facing hurdles near the $1,565 and $1,600 resistance levels. Ethereum is attempting a recovery wave above the $1,550 level. The price is trading just above $1,550 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance near $1,555 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another decline unless there is a clear move above $1,565 and $1,600. Ethereum Price Starts Minor Recovery Ethereum managed to stay above the....
Ethereum price started a fresh increase above $4,520. ETH is now showing positive signs and might attempt to clear the $4,680 resistance. Ethereum is now recovering higher above the $4,550 zone. The price is trading above $4,580 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $4,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,640 and $4,700. Ethereum Price Eyes Steady Increase Ethereum price extended losses below $4,550 before the bulls appeared, like Bitcoin.....
Ethereum price is attempting a recovery wave above $1,650 against the US Dollar. ETH must clear $1,660 and $1,700 to start a steady increase. Ethereum is struggling to rise above the $1,660 and $1,670 levels. The price is trading near $1,650 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $1,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if it clears $1,660 and then $1,700. Ethereum Price Lacks Momentum Ethereum’s price managed to settle above the $1,640 level. It seems....