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Technical

cryptocurrency January 6, 2020

Ethereum gaining bullish momentum above key hurdles versus the US Dollar, similar to bitcoin. ETH price is likely to accelerate higher towards $145 and $150 in the near term.Ether price is rising steadily and trading above the $135 resistance against the US Dollar.BTC is also showing a lot of positive signs above the $7,400 resistance […]

cryptocurrency January 5, 2020

ETH price is gaining bullish momentum above the $132 resistance against the US Dollar.The price is trading above $135 and it recently traded to a new 2020 high.There was a break above a key declining channel or bullish flag with resistance near $130 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair is […]

cryptocurrency January 1, 2020

Ethereum is slowly moving lower towards the $125 support area against the US Dollar.The price is likely to extend losses as long as it is below the $132 resistance.There is a key declining channel forming with resistance near $131 on the hourly chart of ETH/USD (data feed via Kraken).ETH could decline in the near term […]

cryptocurrency December 31, 2019

Ethereum is down around 4% from the $138 high and tested the $130 support against the US Dollar.The price is currently consolidating above the $130 support, with a few bearish signs.There is a connecting bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin failed to stay […]

cryptocurrency December 30, 2019

Ripple price is slowly grinding higher and approaching the $0.2000 resistance against the US dollar.XRP seems to be forming a nice support near the $0.1940 and $0.1925 levels.There is a key rising channel forming with support near $0.1945 on the hourly chart of the XRP/USD pair (data source from Kraken).The price remains well bid and […]

cryptocurrency December 29, 2019

ETH price is trading above a couple of important supports near $120 against the US Dollar.The price is facing a strong resistance near the $130 and $135 levels.There is a crucial bearish trend line forming with resistance near $130 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could either rally above $135 […]

cryptocurrency December 27, 2019

Ethereum is still trading above the $122 and $125 support levels against the US Dollar.The price could start a decent increase above the $128 and $130 resistance levels.This week’s major bearish trend line was breached with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin spiked above $7,300, but it failed […]

cryptocurrency December 22, 2019

ETH price started an upside correction and climbed above the $125 resistance against the US Dollar.The price is currently consolidating above $125 and it could continue to recover.There is a key bearish trend line forming with resistance near $132 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could dip a few points, […]

cryptocurrency December 15, 2019

ETH price is trading in a bearish zone below the $142 and $146 resistance levels against the US Dollar.The price is declining and it seems like it could continue to drop below $140.There is a major bearish trend line forming with resistance near $142 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair […]

cryptocurrency December 11, 2019

Ripple price declined recently below the $0.2240 and $0.2220 support levels against the US dollar.The price is currently correcting higher, but facing resistance near $0.2240 and $0.2260.There is a key bearish trend line forming with resistance near $0.2240 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is facing an increase in […]