Press "Enter" to skip to content

Posts published in “Technical”

Bitcoin Price Watch: Can BTC/USD Hold 100 SMA?

Key Points Bitcoin price formed a short-term top near $8,600 and started a downside move against the US Dollar. There was a break below a key bullish trend line with support at $8,370 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must hold the $8,240 support and the 100...

The post Bitcoin Price Watch: Can BTC/USD Hold 100 SMA? appeared first on NewsBTC.

Ethereum Classic Price Analysis: ETC/USD Could Decline Further

Key Highlights Ethereum classic price topped near $18.54 and declined below the $17.60 support against the US dollar. There is a short-term bearish trend line forming with resistance at $17.60 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair may continue to decline and it could retest the $16.80 and...

The post Ethereum Classic Price Analysis: ETC/USD Could Decline Further appeared first on NewsBTC.

Ripple Price Analysis: XRP/USD’s Downside Break

Key Highlights Ripple price declined recently after buyers failed to push it above $0.7100 against the US dollar. Yesterday’s highlighted crucial ascending channel with support at $0.6860 was broken on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is now trading below the $0.6800 support level and the 100 hourly...

The post Ripple Price Analysis: XRP/USD’s Downside Break appeared first on NewsBTC.

Ethereum Price Analysis: ETH/USD Back Below $700

Key Highlights ETH price failed to extend gains above the $724 level and started a downside move against the US Dollar. Yesterday’s highlighted important bullish trend line with support at $707 was broken on the hourly chart of ETH/USD (data feed via Kraken). The pair is now well below $700 and the 100 hourly simple...

The post Ethereum Price Analysis: ETH/USD Back Below $700 appeared first on NewsBTC.

Bitcoin Cash Price Analysis: BCH/USD Losing Momentum

Key Points Bitcoin cash price failed to hold gains above $1,220 and declined below $1,200 against the US Dollar. There is a declining channel forming with resistance at $1,220 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to extend the current decline and it could test the...

The post Bitcoin Cash Price Analysis: BCH/USD Losing Momentum appeared first on NewsBTC.

Litecoin (LTC) Price Watch: Is a Triangle Breakout Underway?

Litecoin Price Key Highlights Litecoin has formed lower highs and found support around $131 to create a descending triangle. Price got rejected on resistance and is on its way to test support. Another bounce could take it back to the top, but technical indicators are giving mixed signals. Litecoin is trading inside a descending triangle...

The post Litecoin (LTC) Price Watch: Is a Triangle Breakout Underway? appeared first on NewsBTC.

Bitcoin (BTC) Price Watch: Bears Might Not Be Done Yet

Bitcoin Price Key Highlights Bitcoin price has rallied in the past few hours but also hit resistance on its channel. If this continues to keep gains in check, bitcoin could still resume the selloff to the support areas marked. Using the Fib extension tool shows the potential downside targets in the short-term. Bitcoin price might...

The post Bitcoin (BTC) Price Watch: Bears Might Not Be Done Yet appeared first on NewsBTC.

Farmers are Clogging the Ethereum Network: Ethereum (ETH) Technical Analysis (May 22, 2018)

From our charts, Ethereum is reversing previous losses and week over week it’s up one percent though chances of further upsides exceeds that of sell pressure. While I remain upbeat, we must take caution and note that May 11 Ethereum highs at $750 is a strong resistance line. Technically-and considering our analysis, it is a...

The post Farmers are Clogging the Ethereum Network: Ethereum (ETH) Technical Analysis (May 22, 2018) appeared first on NewsBTC.

John McAfee: “Expect Top 10 Coin Prices to Blow Through the Roof! Institutional Investors are Aching to Go”: Tron, EOS, Litecoin, IOTA and Stellar Price Analysis (May 22, 2018)

Apart from Tron, most coins didn’t register impressive gains as May 20 price action. Nonetheless, we still expect market participants to bid up the likes of Tron, IOTA, and EOS and to some degree, Stellar Lumens which has been characteristically low key. I would also recommend keeping an eye on Litecoin today. We expect price...

The post John McAfee: “Expect Top 10 Coin Prices to Blow Through the Roof! Institutional Investors are Aching to Go”: Tron, EOS, Litecoin, IOTA and Stellar Price Analysis (May 22, 2018) appeared first on NewsBTC.

Bitcoin Price Watch: BTC/USD’s Bullish Scenario

Key Points Bitcoin price moved higher and broke the $8,300 resistance level against the US Dollar. There is a significant ascending channel formed with support at $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to accelerate gains above $8,650 if it continues to follow the ascending...

The post Bitcoin Price Watch: BTC/USD’s Bullish Scenario appeared first on NewsBTC.

Mission News Theme by Compete Themes.
Disclaimer: The Site aggregates syndicated web content which is relevant to our audience and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice.