TA: Bitcoin Price Gains Traction, Why BTC Could Revisit $38K

Bitcoin price gained pace and it cleared the $55,000 resistance zone against the US Dollar. BTC is showing positive signs and it is likely to accelerate higher above $56,500. Bitcoin started a decent increase it settled nicely above the $53,000 resistance. The price is now trading well above $54,000 and the 100 hourly simple moving […]

Ethereum extended its increase above the $1,750 and $1,800 resistance levels against the US Dollar. ETH price is showing positive signs and it is likely to revisit the $2,000 resistance zone. Ethereum is gaining bullish momentum above the $1,700 and $1,800 resistance levels. The price is now trading well above $1,800 and the 100 hourly […]

Bitcoin price attempted a recovery above $56,000 against the US Dollar, but it struggled above $57,000. BTC trimmed gains and it even broke the $53,200 support zone. Bitcoin extended its decline below $53,200 and $53,000 support levels. The price is now trading well below $54,000 and the 100 hourly simple moving average. There was a […]

Bitcoin price is correcting gains and it is trading well below $35,000 against the US Dollar. BTC could decline further if it stays below $34,400. Bitcoin started a downside correction below the $35,000 and $34,000 levels. The price is now trading below the $34,000 support and the 100 hourly simple moving average. There is a […]

Ethereum formed a short-term top near $620 and started a sharp decline against the US Dollar. ETH price is correcting gains and it could revisit the $500 support zone. Ethereum started a downside correction after it failed to stay above the $580 support. The price traded below the $550 support and the 100 hourly simple […]