Price Analysis 26/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM
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Bitcoin price climbed higher sharply above $10,200 and gained around 5% against the US Dollar.The price is clearly struggling to gain strength above the key $10,500 resistance area.There was a break above a key bearish trend line with resistance near $10,270 on the hourly chart of the BTC/USD pair (data
Read MoreIn just around nine months, Bitcoin (BTC) will see its next block reward reduction — dubbed “halving”. Despite this rapidly approaching bullish event, however, the cryptocurrency market has stagnated, establishing a trading range.Related Reading: Bitcoin: Crypto-Like Global Monetary System To Be a Boon For BTCBut a model from PlanB suggests
Read MoreThere was a downside extension in bitcoin price below the $10,000 support against the US Dollar.The price is currently consolidating and is facing many hurdles on the upside near $10,400.There is a crucial bearish trend line forming with resistance near $10,400 on the 4-hours chart of the BTC/USD pair (data
Read MoreBitcoin price is showing positive signs and settled above $10,000 against the US Dollar.The price is now trading near the key $10,400 resistance area, which is preventing gains.Yesterday’s highlighted important bearish trend line is acting as a solid resistance near $10,420 on the hourly chart of the BTC/USD pair (data
Read MoreBitcoin price is currently correcting higher above the $10,000 resistance against the US Dollar.The price is facing many key resistances near the $10,250, $10,300 and $10,400 levels.There is also a connecting bearish trend line forming with resistance near $10,450 on the hourly chart of the BTC/USD pair (data feed from
Read MoreBitcoin price declined heavily in the past few sessions below $10,000 against the US Dollar.The price is currently correcting higher after it tested the $9,750 support area.There is a declining channel forming with resistance near $10,100 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price could
Read MoreRipple price is following a bearish path and it recently broke the $0.2700 support against the US dollar.Bitcoin price is down around 8% and it settled below the key $10,000 support area.There is a major declining channel forming with resistance near $0.2680 on the hourly chart of the XRP/USD pair
Read MoreAs soon as Bitcoin dropped below the $10,600 level and failed to climb over heavy resistance, it demonstrated a steep fall to $10,068 within a span of minutes. According to some analysts, the drop could possibly signal a short term trend line breakdown if the asset fails to close above
Read MoreBitcoin price failed to surpass the $11,000 resistance and recently declined against the US Dollar.The price is currently trading below the key $10,600 and $10,500 support levels.This week’s followed crucial bullish trend line was breached with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from
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