Ethereum rising steadily above the $142 and $145 resistance levels versus the US Dollar. Besides, bitcoin surged close to 5% above $8,400, opening the doors for an upside break in ETH above $150.
Ether price traded to a new 2020 high at $148 and it is currently consolidating against the US Dollar.
The price seems to be struggling to gain momentum above $148 and $150.
Yesterday’s highlighted important bullish trend line is intact with support near $142 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin rallied $400, tested the $8,450 area and it is currently correcting lower.
Ethereum Price Rising Steadily
In the past few sessions, there were steady gains in Ethereum above the $140 resistance against the US Dollar. Moreover, ETH price surpassed the $142 and $145 resistance levels.
Finally, the price traded to a new 2020 high at $148 and it is currently consolidating gains. It is trading near the 23.6% Fib retracement level of the upward move from the $139 low to $148 high.
It seems like the price is finding support near the $145 level. The next key support is between $143 and $144. Besides, the 50% Fib retracement level of the upward move from the $139 low to $148 high is also near the $143.50 level.
More importantly, yesterday’s highlighted important bullish trend line is intact with support near $142 on the hourly chart of ETH/USD. Therefore, dips in Ethereum could find support near $143 and $142.
As long as the price is above the $142 support, the bulls are likely to push the price above the $148 and $150 resistance levels. The next major target for them could be the key $158 resistance area in the near term.
Important Buy Zones for ETH
If there is a downside break below the $142 support, the price could start a downside extension towards the $138 support area and the 100 hourly simple moving average.
The main support is near the $135 level, where the bulls are likely to take a stand. Any further losses may perhaps start a fresh decline towards the $128 support.
Ethereum Price
Looking at the chart, Ethereum price is showing positive signs above the $142 support and the 100 hourly SMA. In the short term, there could be a minor dip, but the price is likely to bounce back and climb above $148 and $150.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is currently gaining in the bullish zone.
Hourly RSI – The RSI for ETH/USD is correcting lower towards the 50 level.
Major Support Level – $142
Major Resistance Level – $150 The post appeared first on NewsBTC. origin »
Bitcoin broke a couple of important hurdles near $7,500 and $8,000 on the daily chart against the US Dollar. BTC price action indicates a strong rise towards $9,100 or even $10,000. Bitcoin price surged $500 and settled above the key $8,000 resistance against the US Dollar.
Ripple extended its rally and traded towards the $0. 2250 resistance against the US Dollar. Recently, XRP corrected sharply, but bitcoin managed to pop above $8,000 and $8,200. Ripple price is trimming gains and it even dived to test the $0.
Ethereum is trading in a bullish zone above the $140. 50 pivot level vs the US Dollar. ETH to USD could correct in the short term before a fresh increase above $145. 20. Key Takeaways: ETH/USD Ethereum price traded to a new yearly high at $145.
Bitcoin surged more than 5% to climb above the $7,700 and $7,800 resistance levels against the US Dollar. BTC price tested the $8,000 barrier and it could correct lower in the short term. Bitcoin price traded to a new 2020 high close to the $8,000 mark against the US Dollar.
Ripple rallied more than 15% after it broke the key $0. 2000 resistance against the US Dollar. XRP bulls now aim $0. 2320 or $0. 2400, considering the current market sentiment for bitcoin. Ripple price surged above the $0.
Ethereum is up around 5% and trading above key hurdles near $140 versus the US Dollar. Bitcoin and ripple surged 5% and 12% respectively, opening the doors for another increase in ETH. Ether price is now trading above the key $140 and $142 resistance levels against the US Dollar.
Bitcoin might be starting a strong bullish wave above $7,500 against the US Dollar. However, BTC bulls must be careful considering a cluster of resistances between $7,700 and $8,000. Bitcoin price is gaining traction above the $7,400 and $7,500 resistance levels against the US Dollar.
Ripple is grinding higher above $0. 1950 against the US Dollar, whereas bitcoin and Ethereum surpassed key hurdles. Therefore, XRP price is likely to climb above $0. 2000 and $0. 2100. Ripple price is showing positive signs above the $0.
Ethereum gaining bullish momentum above key hurdles versus the US Dollar, similar to bitcoin. ETH price is likely to accelerate higher towards $145 and $150 in the near term. Ether price is rising steadily and trading above the $135 resistance against the US Dollar.
After a downside correction, bitcoin price found support near $6,860 against the US Dollar. The price is currently rising and trading nicely above the $7,400 resistance. There was a break above a major declining channel with resistance near $7,345 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
ETH price is gaining bullish momentum above the $132 resistance against the US Dollar. The price is trading above $135 and it recently traded to a new 2020 high. There was a break above a key declining channel or bullish flag with resistance near $130 on the 4-hours chart of ETH/USD (data feed via Kraken).... The post appeared first on NewsBTC.
Bitcoin started a strong upward move from the $6,880 support area against the US Dollar. The price is reversing losses and it is now well above $7,100. There was a break above a key bearish trend line with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ripple price is consolidating above the $0. 1850 and $0. 1880 support levels against the US dollar. XRP could start a larger rally if it clears the main $0. 2000 resistance area. There is a major breakout pattern forming with resistance near $0.
Ethereum is currently trading in a range below the $130 and $132 resistances against the US Dollar. The price is likely to bounce back as long as it is trading above the $120 support. There is a major bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via... The post appeared first on NewsBTC.
Bitcoin price is currently consolidating above the $7,200 and $7,150 support levels against the US Dollar. The price is likely to climb higher again unless there is a daily close below $7,000. There is a key bearish trend line forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from... The post appeared first on NewsBTC.
Ethereum is down around 4% from the $138 high and tested the $130 support against the US Dollar. The price is currently consolidating above the $130 support, with a few bearish signs. There is a connecting bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price rallied recently above $7,300 before it ran into $7,500 against the US Dollar. The price is showing positive signs it seems like the bulls aim another test of $7,500. There is a major bullish trend line forming with support near $7,325 on the hourly chart of the BTC/USD pair (data feed from Kraken).... The post appeared first on NewsBTC.
Ethereum is still trading above the $122 and $125 support levels against the US Dollar. The price could start a decent increase above the $128 and $130 resistance levels. This week’s major bearish trend line was breached with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is struggling to stay above the $7,160 and $7,120 support levels against the US Dollar. A successful close below $7,120 could accelerate decline below $7,000. There is a key connecting bearish trend line forming with resistance near $7,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ethereum is struggling to stay above the key $125 support area against the US Dollar. A successful close below $125 could spark another bearish wave in the near term. There is a connecting bearish trend line forming with resistance near $130 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price failed to extend gains above $7,700 and declined more than $400 against the US Dollar. The price is now trading below $7,400 and it declined close to the $7,260 support area. Earlier, there was a break below a contacting triangle with support near $7,500 on the hourly chart of the BTC/USD pair (data.
Bitcoin price rallied more than 5% to clear the $7,500 resistance against the US Dollar. The price is now trading in a positive zone and it could rise further above $7,700. There is a short term breakout pattern forming with resistance near $7,590 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ripple price is slowly rising and it is now trading above $0. 1950 against the US dollar. The price seems to be lacking bullish momentum above the $0. 1980 and $0. 2000. There is a key bullish trend line forming with support near $0.
Ethereum is climbing higher and trading nicely above the $130 level against the US Dollar. The price is likely to continue higher once it surges above the $150 resistance. There is a rising channel forming with support near $133 on the hourly chart of ETH/USD (data feed via Kraken).
There was a nice upward move in bitcoin price from the $6,435 low against the US Dollar. The price is now trading nicely above the $7,000 and $6,960 support levels. There is likely a bullish continuation pattern forming resistance near $7,180 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price is consolidating gains above the key $7,000 support area against the US Dollar. The price could dip towards the $6,960 support before it starts a fresh increase. There is a short term contracting triangle forming with resistance near $7,135 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ethereum is correcting lower from $135 and it is trading above $125 against the US Dollar. The price is likely to remain in a positive zone as long as it is above $120. There is a breakout pattern forming with resistance near $128 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is trading in a positive zone above the $7,015 support area. BTC to USD is likely to accelerate higher once it clears the $7,220 and $7,300 resistance levels. Key Takeaways: BTC/USD Bitcoin price is back in an uptrend above the $7,000 resistance area against the US Dollar.
Bitcoin cash price is showing recovery signs from the $170 monthly low against the US Dollar. The price is currently consolidating above the $180 and $182 support levels. There is a key bearish trend line forming with resistance near $190 on the hourly chart of the BCH/USD pair (data feed from Kraken).
Bitcoin price reversed its losses and settled above $7,000 against the US Dollar. The price rallied close to the $7,500 resistance area, where sellers emerged. Earlier, there was a break above a key bearish trend line with resistance near $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ethereum is up more than 8% from the recent low of $115 against the US Dollar. The price is showing signs of a trend reversal, but it must surpass $135. Earlier, there was a break above a connecting bearish trend line with resistance near $122 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is trading in a bearish zone below the $7,200 resistance against the US Dollar. The price is currently struggling to stay above the $7,000 support area. There is a connecting bearish trend line forming with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ethereum is struggling to recover above the $144 and $146 resistance levels against the US Dollar. The price is facing an uphill task and it could continue to move down below $140. There is a key bearish trend line forming with resistance near $143 on the hourly chart of ETH/USD (data feed via Kraken).
After struggling to recover above $7,300, bitcoin price started a fresh decline against the US Dollar. The price is currently trading in a bearish zone just above the $7,000 support area. There is a key bearish trend line forming with resistance near $7,260 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
Ripple price is struggling to recover above the $0. 2200 resistance area against the US dollar. The price remains at a risk of more downsides below the $0. 2180 support area. There is a declining channel forming with resistance near $0.
Ethereum is slowly recovering from the $140 support area against the US Dollar. The price is currently facing resistance near the $145 level and the 100 hourly SMA. There was a break above this week’s key bearish trend line with resistance near $144 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price failed to stay above the $7,400 support and declined recently against the US Dollar. The price is trading below $7,280 and it could even decline below the $7,160 support. There is a major declining channel forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price is trading with a positive bias above the $7,380 and $7,420 support levels. BTC to USD is likely to climb above the $7,640 and $7,780 resistance levels. Key Takeaways: BTC/USD Bitcoin price is showing a lot of positive signs above the $7,420 and $7,380 supports against the US Dollar. BTC/USD is trading above […]
Bitcoin price is showing positive signs above the $7,400 resistance area against the US Dollar. The price is likely to clear the $7,560 and $7,600 resistances to continue higher. There is a major bullish trend line forming with support near $7,490 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ripple price is gaining momentum and it is rising above $0. 2250 against the US dollar. The price is likely to continue higher above the $0. 2320 and $0. 2350 resistance levels. There is a key bullish trend line forming with support near $0.
Ethereum is approaching the main $152 and $155 resistance levels against the US Dollar. The price is likely to rally significantly once there is a clear break above $152. There is a key bullish trend line forming with support near $148 on the hourly chart of ETH/USD (data feed via Kraken).
ETH price is struggling to gain pace above the $152 and $158 resistance levels against the US Dollar. The price is currently holding the main $144 support area and breakdown zone. There is a key contracting triangle forming with resistance near $150 on the 4-hours chart of ETH/USD (data feed via Kraken).
After forming a base above $7,000, bitcoin price climbed above the $7,500 resistance against the US Dollar. The price is currently correcting gains and it is trading below the $7,440 level. There is a major contracting triangle forming with resistance near $7,520 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price is trading nicely above the $7,260 support area. BTC to USD seems to be setting up for a strong rally above the $7,460 and $7,500 resistance levels. Key Takeaways: BTC/USD Bitcoin price is trading with a positive bias above the $7,260 support area against the US Dollar. BTC/USD is trading below the $7,430 […]
Bitcoin price is still trading above the $7,200 and $7,240 support levels against the US Dollar. The price is struggling to climb above the $7,440 and $7,500 resistance levels. There is a major breakout pattern forming with resistance near $7,440 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ripple price is trading nicely above the $0. 2180 pivot area against the US dollar. The price is likely to slowly rise towards the $0. 2265 and $0. 2300 resistance levels. There is a major bullish trend line forming with support near $0.
Ethereum is slowly rising and it is trading above the $146 support area against the US Dollar. The price is facing a few strong resistances near $148, $150 and $152. There is a key contracting triangle forming with resistance near $148 on the hourly chart of ETH/USD (data feed via Kraken).
Ripple price rallied recently above the $0. 2220 resistance, but failed near $0. 2265 against the US dollar. The price currently declining and it is approaching the pre-rally level near $0. 2100.
Ethereum rallied sharply above the $150 resistance, but failed near $152 against the US Dollar. The price is trimming gains and it is back to pre-rally levels near the $144 support. There is a short term bullish trend line forming with support near $145 on the hourly chart of ETH/USD (data feed via Kraken).
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