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Ethereum is holding the key $145 support area and recovering against the US Dollar.The price is currently facing a strong resistance near the $152 area.Earlier, there was a break above a major bearish trend line with resistance near $150 on the hourly chart of ETH/USD (data feed via Kraken).The price
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Bitcoin (BTC) stayed around $7,500 on Nov. 27 after a surprise bullish reversal took markets $700 higher the previous day.Cryptocurrency market daily overview. Source: Coin360Bitcoin clings to surprise gainsData from Coin360 showed BTC/USD come down slightly from Wednesday’s local highs of $7,640 to trade just over $7,500 at press
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AnalysisThe chart below indicates that we can see that the Litecoin (LTC)trade price is trading at $46.92, while it can also be observed to be trading within the channel. The upper limit at $47.72 is acting as resistance and the lower limit at $45.54 is acting as support. It is
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EOS is slightly recovering as bulls seem to be back in the game The short-term correction is keeping EOS on suspense for a major bullish move Over the past few days, EOS has seen relatively strong growth of about 23% after establishing a mid-year low at around $2.4 on September 25. Recently, the
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Bitcoin price is declining and it is trading below the key $9,400 resistance against the US Dollar.The price is likely to find a strong buying interest above the $9,200 support area.There is a key contracting triangle pattern forming with resistance near $9,360 on the hourly chart of the BTC/USD pair
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Yesterday, Bitcoin (BTC) plunged by $300 in literal minutes, falling to as low as $9,200 after consolidating in and around $9,500. There were many saying that this flash crash-esque move validated their bearish analyses, which implied that BTC would return to the $8,000s in the coming days.However, true to the
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Bitcoin price (BTC) was challenging $9,500 on Oct. 29 as the largest cryptocurrency preserved its higher levels after a bullish breakout over the weekend.Cryptocurrency market daily overview. Source: Coin360Analyst: Bitcoin suggests further upside on the cardsData from Coin360 showed BTC/USD repeatedly attempt a fresh push past $9,500 on Tuesday.
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A zoomed out version of the bitcoin chart shows it would take the cryptocurrency another 365 days to achieve a full-fledged upside breakout.Brought to notice by Teddy Cleps, a prominent cryptocurrency analyst, the weekly Bitcoin chart shows the possibility of it forming a massive bullish pennant. In retrospective, a Pennant
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ETH/BTC Ready to Favor Ether Bulls At long last, Ethereum is finally showing some price strength against Bitcoin. The ETH/BTC trading pair, which has been collapsing dramatically for over a year, is purportedly starting to show signs of a bottom and impending bullish reversal.Prominent commodities trader Peter Brandt recently noted that
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Wednesday, Oct. 2 — After a fake breakout, where Bitcoin (BTC) jumped upwards from a seven-day low of $7,746 to $8,480 from Sept. 29–Oct. 1, BTC slowly retraced to its current price level.Cryptocurrency market daily overview. Source: Coin360One week since Bitcoin suffered from double-digit losses, the coin is back to
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