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Posts published in “Analysis”

Bitcoin Price Watch: Break Above $3,700 Could Push BTC Higher

Key Points Bitcoin price recovered recently and moved above the $3,500 resistance against the US Dollar. There is a key bearish trend line in place with resistance at $3,590 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price must break the $3,590 and $3,650 resistance levels to gain bullish momentum....

The post Bitcoin Price Watch: Break Above $3,700 Could Push BTC Higher appeared first on NewsBTC.

Crypto Market Update: Stellar (XLM), Bitcoin Cash, Tron (TRX), ADA Price Analysis

Key Points The total crypto market cap recovered above $105.00B, but struggled near $113.00B. Stellar (XLM) price is up around 2%, but it is facing sellers near $0.1250. Bitcoin cash price is back above the $100 level and it could correct towards $115. Tron (TRX) is struggling to move past the $0.0150 resistance level. Cardano...

The post Crypto Market Update: Stellar (XLM), Bitcoin Cash, Tron (TRX), ADA Price Analysis appeared first on NewsBTC.

Ripple Price Analysis: XRP/USD Could Resume Decline Below $0.3000

Key Highlights Ripple price is struggling to break the $0.3180 and $0.3240 resistance levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.3100 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may continue to move down below the $0.3000 and $0.2950 support...

The post Ripple Price Analysis: XRP/USD Could Resume Decline Below $0.3000 appeared first on NewsBTC.

Ethereum Price Analysis: ETH Bullish Above $98 and Bearish Below $88

Key Highlights ETH price recovered recently, but it faced sellers near the $98 level against the US Dollar. There is a crucial contracting triangle formed with support at $88 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to trade in a range below $98 before the next move either...

The post Ethereum Price Analysis: ETH Bullish Above $98 and Bearish Below $88 appeared first on NewsBTC.

Bitcoin Price Weekly Analysis: BTC Sellers In Control Below $3,600

Key Points Bitcoin price extended losses below the $4,000 and $3,600 supports against the US Dollar. There is a significant bearish trend line formed with resistance at $3,630 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently consolidating losses above $3,200, with resistances near $3,500 and $3,600. Bitcoin...

The post Bitcoin Price Weekly Analysis: BTC Sellers In Control Below $3,600 appeared first on NewsBTC.

Ethereum Price Weekly Analysis: ETH Remains Sell Near $100

Key Highlights ETH price declined heavily after it failed to break the $125 resistance against the US Dollar. There is a crucial bearish trend line formed with resistance at $101 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may correct higher, but is likely to face sellers near the $99, $100...

The post Ethereum Price Weekly Analysis: ETH Remains Sell Near $100 appeared first on NewsBTC.

Bitcoin Cash Price Weekly Analysis: BCH/USD Could Struggle Near $120

Key Points Bitcoin cash price declined heavily and even broke the $100 support against the US Dollar. There is a crucial bearish trend line formed with resistance at $120 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair is currently correcting higher, but it is likely to struggle near the...

The post Bitcoin Cash Price Weekly Analysis: BCH/USD Could Struggle Near $120 appeared first on NewsBTC.

Bitcoin Price Watch: BTC/USD Primed To Test $3,000

Key Points Bitcoin price declined further and broke the $3,550 and $3,420 support levels against the US Dollar. There is a major bearish trend line formed with resistance at $3,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to decline further and it may even test the...

The post Bitcoin Price Watch: BTC/USD Primed To Test $3,000 appeared first on NewsBTC.

Cardano Price Analysis: ADA/USD Decline Below $0.030 Looks Real

Key Highlights ADA price declined heavily and broke the $0.0320 and $0.0300 support levels against the US Dollar (tethered). There are two bearish trend lines formed with resistance at $0.0320 and $0.0350 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair could correct higher in the short term, but upsides...

The post Cardano Price Analysis: ADA/USD Decline Below $0.030 Looks Real appeared first on NewsBTC.

Ripple Price Analysis: XRP/USD Remains Sell Near $0.3200

Key Highlights Ripple price fell heavily and broke the $0.3200 and $0.3000 support levels against the US dollar. There is a major bearish trend line in place with resistance at $0.3200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains in a major downtrend and recoveries remain capped near...

The post Ripple Price Analysis: XRP/USD Remains Sell Near $0.3200 appeared first on NewsBTC.

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