Bitcoin Price Flirts With Breakout — Key Resistance In Sight
Bitcoin price is consolidating gains above the $94,000 zone. BTC is showing positive signs and might aim for a move above the $95,500 resistance zone. Bitcoin remained supported above the $93,500 zone. The price is trading above $94,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $94,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $95,500 zone. Bitcoin Price Eyes Key Upside Break Bitcoin price remained stable above the $93,500 level and started a fresh....
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In this morning's twice-daily bitcoin price watch piece, we published our expectations for the day's session across Europe. We suggested a number of the key levels that we would be keeping an eye on as action in the bitcoin price matured throughout the day, and pointed out where we would look to enter and exit in the event that we got a breakout according to our scalp strategy. Now action has matured throughout the day, are we saw watching the same levels, did we manage to gain on any positions today, and what are we looking at moving forward? Take a quick look at the chart below. As the....
Bitcoin is currently trading around the $96,000 mark after a week of strong bullish price action that saw it reach $97,900 — its highest level since the March sell-off. The price now flirts with the psychological $100,000 barrier, a key milestone that could confirm the start of a new macro uptrend. However, global macroeconomic tensions […]
Quick Facts: 1️⃣ Gemini’s XRP price prediction suggests the token could surge to $4.50 after confirming a breakout from a descending triangle pattern. 2️⃣ In the long term, XRP could climb to $15, thanks to a major breakout from a multi-year consolidation pattern. 3️⃣ As $XRP gears up for its next leg, PEPENODE is emerging […]
SUI nears a crucial resistance level as intuitional momentum continues to grow and the network scores major partnerships. Some analysts suggest that the altcoin could see a breakout to new highs if the current levels hold. Related Reading: Bitcoin Set Up For ‘Promising’ Q4, Next Two Weeks Could Be Decisive SUI $4 Retest In Sight On Thursday, SUI surged 4.2% from its daily opening to reclaim the $3.90 area for the first time in a month. The cryptocurrency has been hovering within the $2.50.00-$4.00 price range after the May breakout, hitting a multi-month high of $4.44 in late July. Since....
The Dogecoin price looks set to witness a breakout above the psychological $1 level, having broken a resistance trendline. Crypto analyst Trader Tardigrade provided a timeline for when this massive surge could happen as DOGE rallies to a new all-time high (ATH). Dogecoin Price Eyes Rally Above $1 Following Breach Of Resistance Trendline In an […]