
Bitcoin Price Eases From Highs — Support Zone Still Intact
Bitcoin price started a downside correction from the $97,800 zone. BTC is now trading below $95,000 and testing the $93,500 support zone. Bitcoin remained supported above the $94,500 zone. The price is trading below $96,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $95,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $95,750 zone. Bitcoin Price Dips To Support Bitcoin price started a downside correction after it failed to clear the $98,000....
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Ethereum price moved above $10, which was a major hurdle. Moving ahead, more gains are likely as the uptrend seems to be intact. Intraday Support Level can be $9.80. Intraday Resistance Level may be $10.50. Ethereum price surprised many traders, but our view of buying it played out well. I even mentioned that there is a chance of it testing the $10 handle. The price did trade higher and broke the $10 handle. I was anticipating some selling pressure near the stated level, but that did not happen. The price continued to move higher and traded as high as $10.48. There is now a bullish trend....
Litecoin Price Key Highlights. Litecoin price is still sitting at the bottom of the rising wedge but could be in for a pickup in bullish pressure soon. Support at the 200 SMA has kept losses in check and might continue to do so. Litecoin price might be aiming for the top of the wedge near the 3.400 mark, pending a pickup in upside momentum. Next Barrier at 100 SMA. The 100 SMA appears to be holding as resistance for the time being, although it is still above the longer-term 200 SMA so the uptrend could stay intact. In addition, litecoin price is also stalling around a former short-term....
Ethereum started a fresh increase from the $700 zone against the US Dollar. ETH price retested the $745 resistance and it is likely to attempt an upside break above $750. Ethereum remained well bid above $695 and it climbed back above $720. The price is now trading well above $720 and the 100 hourly simple […]
After a slight pickup in volatility last week, the dogecoin price settled back in its current range between 47 to 50 satoshis. The 100 exponential moving average (green) has held as resistance, indicating that the consolidation or longer-term downtrend might stay intact. Price hit resistance around 51 satoshis last week and proceeded to test the range support near 48 satoshis. Stochastic (8,3,3) on the dogecoin price chart from Hitbtc is between 60 and 80 and is moving down, indicating that selling pressure is building up. Further declines in the stochastic indicator could mean more losses....
Bitcoin price started a downside correction from the $68,500 zone against the US Dollar. BTC might start a fresh increase unless there is a break below $64,000. Bitcoin started a downside correction below the $68,000 and $67,000 levels. The price is still trading above $65,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $66,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if the $64,000 support remains intact. Bitcoin Price Corrects Lower Bitcoin price gained pace above the....