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Posts published in “trading”

Did Tether Trigger a Short Squeeze or a Dead Cat Bounce? (Bitcoin Price Analysis)

This time yesterday it appeared that all was lost, as Bitcoin price slipped within $100 of the current 2018 low. Then something unexpected occurred. Perhaps shorts got squeezed out of their loftily precarious positions or was it Tether’s newly minted $130 million USDT that saved the day? Bitcoin Price Market Overview Bitcoin  spent the better part of the day fighting off bears and the cryptocurrency managed to post an impressive 10% gain as it briefly

The post Did Tether Trigger a Short Squeeze or a Dead Cat Bounce? (Bitcoin Price Analysis) appeared first on Bitcoinist.com.

Ethereum Classic Price Analysis: ETC/USD Surging, Could Break $15

Key Highlights Ethereum classic price gained bullish momentum and it broke the $12.50 and $13.40 resistances against the US dollar. There is a major bullish trend line in place with support at $13.10 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is likely to accelerate higher above the $14.20...

The post Ethereum Classic Price Analysis: ETC/USD Surging, Could Break $15 appeared first on NewsBTC.

Ripple Price Analysis: XRP/USD Turned Short-term Bullish above $0.2660

Key Highlights Ripple price corrected higher recently and broke the $0.2660 and $0.2800 resistances against the US dollar. There is a new connecting bearish trend line formed with resistance at $0.3010 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently below the 100 hourly SMA, but it remains...

The post Ripple Price Analysis: XRP/USD Turned Short-term Bullish above $0.2660 appeared first on NewsBTC.

Ethereum Price Analysis: ETH/USD’s Failure Near $300 Explained

Key Highlights ETH price traded higher, but it failed to hold gains above $300 against the US Dollar. There is a major bearish trend line capping gains with current resistance at $299 on the hourly chart of ETH/USD (data feed via Kraken). The pair may dip a few points and it could test the $273...

The post Ethereum Price Analysis: ETH/USD’s Failure Near $300 Explained appeared first on NewsBTC.

Bitcoin Cash Price Analysis: BCH/USD Upsides Capped Near 100 SMA

Key Points        ·         Bitcoin cash price recovered further, but it failed to move above the $540 resistance area against the US Dollar. ·         There is an expanding triangle forming with current support at $492 on the hourly chart of the BCH/USD pair (data feed from Kraken). ·         The pair could bounce back once again, but...

The post Bitcoin Cash Price Analysis: BCH/USD Upsides Capped Near 100 SMA appeared first on NewsBTC.

Ripple Price Analysis: XRP/USD Attempting Upside Break above $0.3000

Key Highlights Ripple price recovered nicely and moved above the $0.2750 resistance area against the US dollar. This week’s crucial bearish trend line is preventing gains with resistance near the $0.2900 level on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may perhaps break the $0.2900-0.3000 resistance area for more...

The post Ripple Price Analysis: XRP/USD Attempting Upside Break above $0.3000 appeared first on NewsBTC.

Ethereum Price Analysis: ETH/USD Correction Facing Hurdle Near $300

Key Highlights ETH price started a short-term correction and moved above the $275 level against the US Dollar. This week’s followed important bearish trend line is in place with resistance at $300 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to find a strong selling interest near the $295,...

The post Ethereum Price Analysis: ETH/USD Correction Facing Hurdle Near $300 appeared first on NewsBTC.

Bitcoin Cash Price Analysis: BCH/USD Recovering, Could Test $550

Key Points Bitcoin cash price is recovering after finding buyers around the $475 level against the US Dollar. There was a break above a short-term contracting triangle with resistance at $490 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is trading with positive signs, but it is approaching key...

The post Bitcoin Cash Price Analysis: BCH/USD Recovering, Could Test $550 appeared first on NewsBTC.

Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse

Ethereum price

It’s been a terribly rough two weeks for altcoins, and the situation doesn’t appear to be getting any better. Nobody’s price is safe, including Ethereum (ETH), ADA, XRP, XLM, and BNB. Ethereum (ETH) Daily Chart ETH remains in a tough spot, and so far there is no silver lining as ETH price is now now at at a 9-month low after 18 days of posting lower lows on the daily chart. The daily RSI has

The post Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse appeared first on Bitcoinist.com.

Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse

Ethereum price

It’s been a terribly rough two weeks for altcoins, and the situation doesn’t appear to be getting any better. Nobody’s price is safe, including Ethereum (ETH), ADA, XRP, XLM, and BNB. Ethereum (ETH) Daily Chart ETH remains in a tough spot, and so far there is no silver lining as ETH price is now now at at a 9-month low after 18 days of posting lower lows on the daily chart. The daily RSI has

The post Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse appeared first on Bitcoinist.com.

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