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Bitcoin Price Hovering Round $10K, But Could Rally Again August 19, 2019 by Ramiro Burgos Seriously, what’s the deal with the bitcoin price? At the moment it’s hovering sideways around the $10,000 USD mark even while indicators weaken. But as our weekly technical analysis shows, this could prompt another bullish
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Bitcoin price rebounded recently and climbed above the $10,200 resistance against the US Dollar.The price is currently trading nicely above $10,300, but facing hurdles near $10,500 and $10,600.There is a connecting bullish trend line forming with support near $10,250 on the hourly chart of the BTC/USD pair (data feed from
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Ripple price is currently trading with a positive bias above $0.2750 against the US dollar.Bitcoin price climbed above the $10,200 and $10,300 resistance levels to start a decent recovery.There is a key bullish trend line forming with support near $0.2700 on the hourly chart of the XRP/USD pair (data source
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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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There was a strong drop in bitcoin price below the $10,500 support against the US Dollar.The price is currently correcting losses, but it remains below key hurdles near $10,500.There is a bearish continuation pattern forming with support near $10,080 on the 4-hours chart of the BTC/USD pair (data feed from
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ETH price declined heavily below the key $200 and $190 support levels against the US Dollar.The price is currently consolidating losses after trading as low as $174.There is a crucial bearish trend line forming with resistance near $195 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could
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Saturday, Aug. 17 — Most major cryptocurrency markets have seen a slight drop today, with Bitcoin (BTC) falling below the $10,200 price point, according to data from Coin360.Market visualization. Source: Coin360BTC is trading at around $10,197 at press time, down roughly 3% on the 24-hour period to press time.
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Bitcoin price tested the $9,800 support and bounced back against the US Dollar.The price is currently struggling to gain momentum above $10,400 and $10,500.There is a key contracting triangle forming with resistance near $10,550 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is likely to
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Friday, Aug. 16 — Bitcoin (BTC) and Ether (ETH) are seeing some upward movement as XRP continues to slump.Market visualization. Source: Coin360Bitcoin is trading at $10,480 at press time, representing a 4.58% price increase on the day. Bitcoin is seeing some momentum for an upward climb, peaking at $10,500
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