Bitcoin price is still trading in a range below the USD 11,500 and USD 11,550 resistance levels. BTC might start a fresh increase as long as it is above the USD 11,250 and USD 11,200 support levels. The price is currently (13:00 UTC) showing signs of exhaustion, but the bulls might protect USD 11,200 or […]
Yesterday, there were heavy declines in bitcoin below the USD 5,000 and USD 4,800 support levels. BTC/USD even broke USD 4,500 and traded close to the USD 4,300 level. Later, the price formed a decent support base and started a short term recovery above USD 4,500. Similarly, ethereum declined below the USD 140 support, traded […]
Recently, we saw an improvement in buying sentiment, resulting in an upward move in bitcoin price. BTC/USD started a slow and steady rise and climbed above the USD 4,000 and USD 4,200 resistance levels. Similarly, ethereum price gained bullish momentum and traded above the USD 115 and USD 120 resistance levels. Ripple surpassed the USD […]
This past week, bitcoin price followed a bearish path and traded below the USD 8,650 and USD 8,550 support levels. BTC/USD traded to a new monthly low and it is currently (09:00 UTC) consolidating losses above the USD 8,400 level. The technical formation is bearish, suggesting more losses towards USD 8,250 or USD 8,000. Likewise, […]
Bitcoin price struggled to settle above the USD 6,600 — USD 6,650 resistance area. As a result, BTC/USD started a downward move and broke the USD 6,500 support. Similarly, there was an increase in selling pressure on altcoins, resulting in bearish moves in ethereum, ripple, litecoin, bitcoin cash, neo and IOTA. Overall, the current price […]