Bitcoin Price Regains Traction But Key Resistance Is Still Intact
Bitcoin price started a fresh increase above the $28,000 resistance. BTC must clear $28,500 and $28,800 resistance levels to continue higher. Bitcoin climbed higher and was able to test the $28,550 resistance zone. The price is trading above $28,200 and the 100 hourly Simple moving average. There was a break above a major bearish trend line with resistance near $28,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its increase if it clears the $28,550 resistance level. Bitcoin Price Clears Resistance Bitcoin price remained well-bid above the $27,700....
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Bitcoin price was able to clear the $62,500 resistance against the US Dollar. BTC could correct lower if altcoins continue to gain momentum in the near term. Bitcoin is facing resistance near the $63,500 and $64,250 levels. The price is now trading well above $62,500 and the 100 hourly simple moving average. There is a key bullish trend line with support near $62,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower if there is a downside break below the $62,500 support. Bitcoin Price Gains Pace Bitcoin price was able to clear the $62,500 and....
Bitcoin price started a fresh increase above the $38,500 resistance zone against the US Dollar. BTC even broke $40,000 and it is now correcting gains. Bitcoin gained traction above the $38,500 and $39,500 resistance levels. The price is now trading above $40,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $39,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is correcting gains, but the bulls are likely to remain active near $39,000. Bitcoin Price Turns Green Bitcoin price formed a base above....
Ethereum started a fresh increase after the bulls defended $1,700 against the US Dollar. ETH price is likely to continue higher above the main $2,000 resistance. Ethereum is showing positive signs above the $1,850 and $1,900 resistance levels. The price is now well above $1,900 and the 100 hourly simple moving average. There was a […]
Bitcoin price is up over 3% and it gained strength from the $13,000 support against the US Dollar. BTC is now facing a heavy resistance near the $13,650 and $13,700 levels. Bitcoin remained well bid above the $13,000 level and it started a fresh increase. The price broke the $13,500 resistance and settled above the […]
Ethereum started a steady increase above $3,000 against the US Dollar. ETH price must clear the $3,200 to continue higher in the near term. Ethereum started a strong increase from the $2,750 support zone. The price is now trading above $3,000 and near the 100 hourly simple moving average. There was a break a major declining channel with resistance near $2,925 on the hourly chart of ETH/USD (data feed via Kraken). The pair must surpass $3,175 and $3,200 to continue higher in the near term. Ethereum Price Is Gaining Momentum Ethereum found a strong support near $2,750 and started a fresh....