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Posts published in “Analysis”

Ethereum Price Analysis: ETH Could Rally If $116 Support Holds

ETH price is currently consolidating above the $116 and $117 support levels against the US Dollar. Yesterday’s highlighted key bearish trend line is active with resistance at $126 on the hourly chart of ETH/USD (data feed via Kraken). The pair may gain bullish momentum sooner or later as long as it is above the $116...

The post Ethereum Price Analysis: ETH Could Rally If $116 Support Holds appeared first on NewsBTC.

Bitcoin Price Watch: BTC At Risk of Sharp Decline, Could Retest $3,400

Bitcoin price failed to recover above the $3,650 resistance and declined recently against the US Dollar. There was a break below a major contracting triangle with support at $3,590 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently trading in a bearish zone and it may accelerate losses...

The post Bitcoin Price Watch: BTC At Risk of Sharp Decline, Could Retest $3,400 appeared first on NewsBTC.

Crypto Market Update: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis

The total crypto market cap is currently struggling near the $117.00B and $118.00B levels. Litecoin (LTC) price is currently trading in a tight range above the $30 support. Bitcoin cash price may climb back above $130 and $132 resistance levels. Tron (TRX) is consolidating above $0.0240 and it could trade higher in the near term....

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

Ripple Price Analysis: XRP Could Target Fresh Weekly Lows

Ripple price is struggling to gain momentum above the $0.3300 and $0.3320 resistances against the US dollar. There is a key bullish trend line formed with support at $0.3240 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could break to the downside if sellers push the price below $0.3200...

The post Ripple Price Analysis: XRP Could Target Fresh Weekly Lows appeared first on NewsBTC.

Ethereum Price Analysis: ETH Buyers Not Out of Woods Yet

ETH price is currently struggling to settle above the $124-125 resistance area against the US Dollar. There is a new connecting bearish trend line formed with resistance at $127 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to find a strong buying interest near the $120 and $118 support...

The post Ethereum Price Analysis: ETH Buyers Not Out of Woods Yet appeared first on NewsBTC.

Bitcoin Price Watch: BTC Approaching Next Significant Break

Bitcoin price is consolidating losses above the $3,560 support area against the US Dollar. There is a short term contracting triangle formed with resistance at $3,625 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price may soon make the next move either above $3,650 or below $3,540 in the near...

The post Bitcoin Price Watch: BTC Approaching Next Significant Break appeared first on NewsBTC.

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

The total crypto market cap failed to hold gains above $120.00B and declined to $115.00B. Stellar (XLM) price is holding the $0.1000 support very well and it could gain traction. Bitcoin cash price may correct lower towards the $125 support level. Tron (TRX) declined below $0.0250 and it could find support near the $0.0240 level....

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

Ripple Price Analysis: XRP at Potentially Key Turning Point

Ripple price traded to a new weekly high at $0.3384 and later corrected lower against the US dollar. There was a break below a key bullish trend line with support at $0.3250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must trade above $0.3260 and the 100 hourly simple...

The post Ripple Price Analysis: XRP at Potentially Key Turning Point appeared first on NewsBTC.

Ethereum Price Analysis: ETH Stays Bullish Despite Constantinople Fork Delay

ETH price trimmed most its recent gains and declined below the $121 support area against the US Dollar. There was a break below a connecting bullish trend line with support at $120 on the hourly chart of ETH/USD (data feed via Kraken). The pair still remains supported on the downside above the $113 and $114...

The post Ethereum Price Analysis: ETH Stays Bullish Despite Constantinople Fork Delay appeared first on NewsBTC.

Bitcoin Price Watch: Choppy Price Action Could Lead BTC Higher

Bitcoin price found support near $3,400 and later recovered above $3,660 against the US Dollar. There was a break above a key bearish trend line with resistance at $3,560 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently consolidating above $3,600 and it could dip towards the $3,560...

The post Bitcoin Price Watch: Choppy Price Action Could Lead BTC Higher appeared first on NewsBTC.

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