Bitcoin Upper Trendline Resistance Is Holding Price Back, Can It Push It Belo...
A recent TradingView technical outlook suggests Bitcoin remains locked beneath a stubborn upper trendline resistance that continues to suppress bullish momentum. Despite several recovery attempts, BTC has repeatedly failed to break through the resistance zone, causing speculations that the price could push below $60,000. Bitcoin Trapped Beneath A Heavy Ceiling The TradingView chart highlights how this upper trendline has consistently acted as a ceiling for price action, rejecting Bitcoin each time buyers attempt to push higher. That resistance area also overlaps with key Fibonacci....
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Bitcoin price remains above $440 and is testing $450 at the time of writing. A narrowing range of price action implies a break-out is building up steam. Price made a low at $440 yesterday and is currently engaged in an upward correction that has pushed toward $450 in most BTC/USD charts. Our dynamic stop-loss was triggered a earlier, and xbt.social members who closed their position should also set funds allocation to 50:50 (BTC vs fiat). Another sell signal should accompany the next wave down – if the market will decline further – and the outcome seems likely. The 1-hour chart shows price....
A single historical parallel is driving one analyst’s bold call on XRP — and it hinges on a rally that hasn’t happened yet. Related Reading: Ghana’s Crypto Push Begins As 11 Companies Enter SEC Sandbox Channel Pattern Tracks 9 Months Of Price Action Chartist Celal Kucuker has mapped out a descending channel that has guided XRP’s price movements since the token hit a record high of $3.6 in July 2025. The channel has two boundaries: a lower trendline that dates back even further — to when XRP pulled back from $3.4 in January 2025 — and an upper trendline that formed after....
Bitcoin price has returned to $450 after retesting this week’s low. Local support is holding and the market has, so far, avoided additional lows. Price fell back to Tuesday’s lows, overnight, but snapped back to the vicinity of $450 during today’s trade. Despite the rejection from upside resistance, price remains in an upward trajectory, as illustrated by the rising channel lines annotated in grey. Since the late-April low, the price chart has printed a series of higher lows. The potential decline targets described in this week’s previous analysis posts, will only become applicable if....
Dogecoin (DOGE) is once again making waves in the crypto market. This time, it’s due to a fascinating technical pattern forming on its price chart: a symmetrical expanding triangle. Known for signaling periods of heightened volatility and potential breakout opportunities, this pattern has traders and investors on the edge of their seats, wondering what’s next for DOGE. The symmetrical expanding triangle is a rare and dynamic formation, marked by its widening price range and converging trendlines. For Dogecoin, this pattern reflects a tug-of-war between bulls and bears, with neither side....
Bitcoin price looked to be curving into advance today, but analysis shows the move is spent and must first pull back if it is to continue higher. Meanwhile, crucial support could be tested in the coming hours and days. The technical picture, earlier today [at xbt.social], suggested that price would make its way to the 4hr 200-period moving average (200MA, red) and this condition has now been fulfilled. The stochastics (top panel) have reached their upper extreme, MACD (just above price) is touching its upper Bollinger Band, and RSI has reached an overhead trendline that....