Cryptocurrency Analysis and News Portal
ETH price surged higher and broke the key $185 resistance against the US Dollar.The price is currently correcting lower after setting a new monthly high near the $196 level.There is a short term breakout pattern forming with support near $191 on the hourly chart of ETH/USD (data feed via Kraken).The
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ETH price is still struggling to break the key $185 resistance area against the US Dollar.The price is currently correcting lower and it might find support near $178 or $175.There is a connecting bullish trend line forming with support near $178 on the hourly chart of ETH/USD (data feed via
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Bitcoin price started an upside correction above the $8,000 resistance against the US Dollar.The price is currently up around 5% and it recently tested the $8,350 area.There was a break above yesterday’s highlighted declining channel with resistance near the $8,060 level on the hourly chart of the BTC/USD pair (data
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Ripple price remained in a positive zone and rallied another 5% above $0.2750 against the US dollar.The price is trading in an uptrend, but it is now facing a strong resistance near $0.2850.There is a rising channel forming with support near $0.2780 on the hourly chart of the XRP/USD pair
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The total crypto market cap is facing a strong resistance near the $220.0B level.Bitcoin price is also trading below a crucial resistance area near the $8,500 level.EOS price failed to hold the $3.000 support and declined below $2.950.Binance Coin (BNB) is declining and it might test the $15.00 support area.BCH
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Bitcoin price started a strong recovery above the $8,000 and $8,200 resistance against the US Dollar.The price is up more than 5%, but it is facing a strong resistance near the $8,500 level.Yesterday’s highlighted major bearish trend line was breached with resistance near $8,080 on the hourly chart of the
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Ripple price declined sharply after it broke the $0.2650 and $0.2500 supports against the US dollar.The price is down more than 10% and it recently traded close to the $0.2050 level.Yesterday’s highlighted declining channel was breached with support near $0.2620 on the hourly chart of the XRP/USD pair (data source
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AnalysisLitecoin (LTC)trade is currently trading at $71.12. The digital coin is facing resistance at $72.09 and support at $69. LTC price is expected is to trade between the channel and long position should not be taken at this price.It is suggested to wait until the price reaches the support, or
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ETH price recovered nicely above the $172 and $175 resistance levels against the US Dollar.The price is currently struggling to break an important resistance area near the $180 level.There is a new key bullish trend line forming with support near $175 on the hourly chart of ETH/USD (data feed via
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Bitcoin price is at risk of falling from the current trading range and is hanging by a thread at $9,600 after repeated attempts to hold above $10,000 failed.And while a rebound from here cannot be ruled out, Bitcoin price was rejected by high timeframe resistance dating back to the previous
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