Here are the Crucial Levels Bitcoin Must Break to See an Explosive Move Higher
Bitcoin has seen a strong move higher throughout the past day, with bulls aiming at reversing the recent market-wide selloff as the cryptocurrency begins pushing higher. Where it trends next will likely depend largely on whether or not bulls can maintain the ongoing uptrend as the weekly candle close fast approaches. Where this candle closes […]
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Ethereum is slowly moving into a positive zone above the $350 resistance against the US Dollar. ETH price must break the $362 and $365 resistance levels to continue higher. Ethereum traded above the $350 and $355 resistance levels to move into a positive zone. The price seems to be forming a support base above $350 […]
Ethereum could be on the cusp of seeing an explosive move higher in the coming few days This notion seems rather surprising, given the weakness seen across the entire market as of late, but its price has been able to hold above one crucial level This level could act as a base for further growth in the days and weeks ahead, and ultimately put the control of its near-term trend back into the hands of […]
Bitcoin price started a decent increase above the $68,000 zone. BTC is now showing positive signs and might gain further if it clears $69,250. Bitcoin gained pace for a move above the $67,500 and $68,000 levels. The price is trading above $68,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $67,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $69,250 and $69,500 levels. Bitcoin Price Gains Traction Bitcoin price managed to climb higher above the....
Bitcoin’s price action has been slow over recent weeks. This has allowed crucial technical support levels to catch up with the current price. Analysts say that Bitcoin is on the verge of falling below two support levels of macro importance. BTC doing so could trigger a move to the low-$9,000s, then potentially even further below that. Bitcoin Could Slip Below Crucial Macro Trend Levels Bitcoin bulls should be on edge, analysts say, as the cryptocurrency […]
Ethereum price spiked higher this past week and closed above a major hurdle against the US Dollar. More gains possible in ETH/USD moving ahead? Key Highlights. Ethereum price finally managed to gain traction this past week against the US Dollar for a move towards $11.00. There was a crucial bearish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX), which was broken during the upside move. The price is currently in the bullish zone, but struggling to gain further momentum above $11.00. Ethereum Price Upside Break. This past we saw how there was an upside break in....