TA: Bitcoin is Surging, Why Bulls Could Aim More Upsides
Bitcoin gained pace above the $42,000 resistance zone against the US Dollar. BTC is now surging and might even surpass the $45,000 resistance zone in the near term. Bitcoin started a strong increase above the $42,000 resistance zone. The price is trading well above $42,000 and the 100 hourly simple moving average. There is a connecting bullish trend line forming with support near $43,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $44,500 resistance zone in the near term. Bitcoin Price Rallies 5% Bitcoin price gained....
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Ethereum Classic recent surge was impressive against Bitcoin, and it looks like there are more upsides left in the short term. Key Highlights. Ethereum Classic (ETC) moved higher further against Bitcoin and traded as high as 0.0030BTC. There is currently a contracting triangle pattern formed on the 30-min charts of ETC/BTC, which may break soon for the next move. The chances of an upside break are more considering the current market sentiment. Ethereum Classic Trend. Ethereum Classic price ETC enjoyed a decent upside ride against Bitcoin recently, as the bulls managed to clear a couple of....
Cardano has been on the rise recently to the surprise of many in the space. Not only has the value of the digital asset gone up but the total value locked (TVL) on the network has also been surging. This comes off the back of a disappointing downtrend that saw ADA fall to $0.5. Nevertheless, […]