Cryptocurrency Analysis and News Portal
Weekly crypto market data. Source: Coin360As the weekly close approaches Bitcoin remains pinned in the $8,300 to $7,800 range. For the past few days, the digital asset has made lower daily highs and it no longer rides along the 20-MA of the Bollinger Band indicator on the 4-hour chart. Basically,
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ETH price completed its downside correction near the $202 support area against the US Dollar.The price bounced back and climbed to a new monthly high above the $220 level.There is a new major bullish trend line forming with support near $210 on the hourly chart of ETH/USD (data feed via
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Ripple price is still struggling to surpass the main $0.2650 resistance area against the US dollar.The price is showing a few positive signs, but it must break the $0.2650 resistance level.There is a major breakout pattern forming with support near $0.2585 on the hourly chart of the XRP/USD pair (data
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Bitcoin price remained well supported above the main $10,000 level against the US Dollar.The price is trading nicely above the $10,250 resistance, but it might struggle near $10,500.Yesterday’s highlighted key declining channel was breached with resistance near $10,140 on the hourly chart of the BTC/USD pair (data feed from Kraken).The
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View Bitcoin’s long-term bullish bias remains intact, with prices holding well above the historically strong support of the three-day chart’s 55-candle exponential moving average (EMA), currently at $8,972. The line served as a strong base in the 2016–2017 bull
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Bitcoin price surged higher and broke the main $10,000 and $10,200 resistances against the US Dollar.The price is currently consolidating below the next key resistance at $10,500-$10,525.This week’s followed key bearish trend line was breached with resistance near $9,880 on the hourly chart of the BTC/USD pair (data feed from
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ETH price recovered recently and managed to climb above the $190 resistance against the US Dollar.The price is now trading nicely above the $190 and $192 resistance levels.There is a connecting bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken).The pair
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