Bitcoin Price Falls To A Key Resistance Level Of $21,000
There is a dramatic backward sliding movement from the number one cryptocurrency; Bitcoin has been shading off value consecutively for the past few days. The BTC price has gradually reached a trading level that cuts below the 200-weekly moving average (WMA). With its drastic trend in the south, the token has lost almost 9% of its value in the past 24 hours. In the previous weeks, BTC witnessed the presence of the bulls that surged the price to over 25,200. This value remained BTC’s new all-time high for over two months after the devastating blow of the bearish crypto market. But the....
Related News
Bitcoin price is struggling to clear the $100,000 resistance zone. BTC is again moving lower and might decline toward the $95,000 support. Bitcoin started a fresh decline from the $98,500 zone. The price is trading below $97,000 and the 100 hourly Simple moving average. There was a break below a major bullish trend line with support at $97,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $96,000 zone. Bitcoin Price Dips Again Bitcoin price remained in a range above the $95,000 support level. BTC started a....
XRP price started another decline from the $0.5980 zone. It is gaining bearish momentum and might drop below the $0.5500 support zone. XRP price failed to clear the $0.60 resistance zone and trimmed gains. The price is now trading below $0.5720 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $0.5850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could decline heavily if there is a close below the $0.550 pivot level. XRP Price Trims Gains XRP price extended gains above the $0.550 level like Bitcoin and....
Ethereum has now lost its hold on an important level. This decline follows that of bitcoin which has now fallen below $20,000. However, for Ethereum, the fight continues to hold on to the one point where bulls still see some hope. However, with the way the market is moving, it may not be long before Ethereum is testing the critical $1,000 support level. Ethereum Falls Below $1,100 For Ethereum, holding above $1,100 for the past week had meant that there was still hope for a good run-up that could see it retest the $1,500 resistance. But this would only last just a little above $1,200....
Bitcoin price started another decline below the $66,500 level. BTC is gaining bearish momentum and might revisit the $63,200 support. Bitcoin started a fresh decline from the $68,500 resistance zone. The price is trading below $65,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $66,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses and trade toward the $63,200 support zone. Bitcoin Price Gains Bearish Momentum Bitcoin price failed to hold gains above the $66,500 support level. BTC....
Solana started a fresh decline from the $210 zone. SOL price is now showing bearish signs and might decline below the $172 support zone. SOL price started a fresh decline after it failed to clear $210 against the US Dollar. The price is now trading below $185 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $188 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $188 resistance zone. Solana Price Dips Again Solana price failed to clear the $210 zone and....