Cryptocurrency Analysis and News Portal
Bitcoin price is consolidating losses above the $8,000 support area against the US Dollar.The price is likely to struggle near the $8,150 and $8,220 resistance levels.There is a key rising channel or a bearish flag pattern forming with support near $8,060 on the hourly chart of the BTC/USD pair (data
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After consolidating above $9,000, bitcoin declined heavily against the US Dollar.The price is currently trading in a bearish zone, with a close below $9,000 and $8,920.There was a break below a major contracting triangle with support near $9,180 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The
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Ripple price failed to hold the key $0.2850 support and extended its decline against the US dollar.The price is currently correcting higher, but it is likely to face sellers near $0.2850 and $0.2880.This week’s followed key bullish trend line was breached with support near $0.2855 is intact on the hourly
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Ethereum price struggled to climb above the $185 resistance and declined recently against the US Dollar.Bitcoin price is also facing selling interest and it is now trading below the $8,200 support area.There is a new connecting bearish trend line forming with resistance near $181 on the hourly chart of ETH/USD
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Bitcoin price is under pressure and it recently broke the $9,800 support area against the US Dollar.The price is currently consolidating losses below $9,800 and it remains at a risk of more downsides.There was a break below yesterday’s highlighted contracting triangle with resistance near $9,800 on the hourly chart of
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ETH price is under a lot of pressure and it recently broke the $202 support against the US Dollar.The price is likely to continue lower towards the $195 and $192 support levels in the near term.There are two major bearish trend lines forming with resistance near $208 and $210 on
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Ripple price is trading in a downtrend below the $0.2600 and $0.2650 supports against the US dollar.The price is likely to extend its decline as long as it is below the $0.2650 level.There is a key bearish trend line forming with resistance near $0.2570 on the hourly chart of the
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Ripple price started a fresh decrease after it failed to break the $0.2920 resistance against the US dollar.Bitcoin price is struggling to hold the main $10,500 support area.This week’s followed bullish trend line with support near $0.2740 was breached on the hourly chart of the XRP/USD pair (data source from
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