TA: Why Bitcoin Rally Could Soon Fade If BTC Fails To Surpass $24K
Bitcoin price started a fresh upward move from the $22,000 support zone against the US Dollar. BTC is now trading nicely above the 100 hourly SMA, but it is facing hurdles near $24,000. Bitcoin started a fresh increase above the $23,000 and $23,500 resistance levels. The price is currently trading well above $23,200 and the […]
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Ethereum recovered 4% and it climbed above the $350 pivot against the US Dollar. ETH price could still trim gains if it fails to clear the main $355 resistance zone. Ethereum started a decent recovery wave above the $345 and $350 resistance levels. The price is now well above the 100 hourly simple moving average, […]
Ethereum price is attempting a fresh increase above $1,720 against the US Dollar. ETH could accelerate higher if it clears the $1,750 resistance. Ethereum is attempting a fresh increase above the $1,720 level. The price is trading above $1,700 and the 100-hourly Simple Moving Average. There is a connecting trend line forming with resistance near $1,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $1,750 resistance zone. Ethereum Price Gains Traction Ethereum’s price settled above the $1,650 level. ETH formed a base above $1,650 and....
Ethereum is slowly rising and trading well above $375 against the US Dollar. ETH price must clear the $385 resistance to continue higher in the near term. Ethereum gained pace after it broke the $375 resistance level. The price tested the $385 resistance and it is now trading the 100 hourly simple moving average. There […]
Bitcoin has surged $1,000 from last week’s lows of $10,400. At $11,400, the cryptocurrency remains decisively higher than it was before this rally. Even still, analysts think that Bitcoin is primed to undergo a reversal as its short-term to medium-term chart flashes a number of warning signs. Bitcoin Could Face a Short-Term Pullback as Price Fails to Pass Breaker One crypto-asset analyst recently shared this chart below. It shows that BTC’s recent rally ended right […]
LIT price creates more bullish sentiment as price hold above daily 50 EMA LIT looks more stable as bulls breakout of a descending triangle The price of LIT could face major resistance at $1.2 Litentry (LIT) has had a rough start to the year, but that could be shelved aside as the price looks more bullish recently against tether (USDT). Litentry (LIT) price has seen more of a downtrend in the bear market than an upside with the price struggling to regain the bullish structure and has failed each time with Bitcoin (BTC) price falling to a region of $18,700 affecting the price of the....