TA: Bitcoin Stuck Near $35K, What Could Trigger A Strong Rally
Bitcoin price climbed higher and it settled above the $34,000 level against the US Dollar. BTC is likely to continue higher if it settles above $35,000 in the near term. Bitcoin started a fresh increase above the $33,500 and $34,000 resistance levels. The price is now trading nicely above $34,000 and the 100 hourly simple […]
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Ethereum struggled to continue higher and declined below $400 against the US Dollar. ETH price is consolidating losses and it must surpass $395 for a fresh rally. ETH price corrected lower below the $400 and $392 support levels against the US Dollar. The price is trading near the $385 zone and the 100 simple moving […]
Bitcoin Price Key Highlights. Bitcoin'a price came from a strong rally then moved sideways in a tight consolidation pattern, indicating that bulls are taking a break before regaining momentum. Price is stuck inside a flag pattern for now and-given how the previous rally has been pretty strong and sustained-another break higher might be seen. Bitcoin's price could resume its climb once it is able to break above the bullish flag pattern on its short-term time frame. Where To Next? At the moment, the major psychological resistance at $400 holding really well, as several take-profit orders....
Ethereum has undergone a strong rally over the past 48 hours as the crypto market has bounced back from the weekly lows. The price of ETH currently is $473, up 5% in the past 24 hours alone. Analysts expect further gains as the asset looks poised to close a daily candle above $482, which should trigger a move above $500. Ethereum Set to Explode Past $500, Analysts Say Ethereum has undergone a strong rally over […]
Bitcoin price recovered losses and surpassed the $56,550 resistance zone against the US Dollar. BTC is likely to rally if there is a close above $58,000 and the 100 hourly SMA. Bitcoin remained strong above $54,000 and it climbed above $56,550 The price is now facing resistance the $57,500 level and the 100 hourly simple […]
Ethereum is still under significant bearish pressure, with the possibility that the downward trend might continue in the coming days or weeks as the market struggles to recover. After dropping sharply over the last few days, ETH may have finally reached that crucial moment that could trigger a significant upward surge. A Strong Rally To […]