Bitcoin’s Upside Price Potential Could Stop With New Resistance

Bitcoin’s Upside Price Potential Could Stop With New Resistance
фото показано с : bitcoints.com

2018-6-21 18:27

Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry.
Despite all this, though, the cryptocurrency has struggled to find acceptance above $6,800 in the last 72 hours, as seen in the chart below.
A drop below $6,550 would also push the relative strength index (RSI) below the ascending trendline, further strengthening the bear case.
On the higher side, stiff resistance is noted at $6,943 (100-candle MA on 4-hour chart) and $7,000 (psychological hurdle).
A daily close (as per UTC) below $6,000 would expose the next major psychological support of $5,000.

origin »

Bitcoin (BTC) на Currencies.ru

$ 105315.67 (+0.19%)
Объем 24H $52.338b
Изменеия 24h: 3.14 %, 7d: 3.31 %
Cегодня L: $103456.85 - H: $105499.69
Капитализация $2087.044b Rank 1
Доступно / Всего 19.817m BTC / 21m BTC

below bitcoin struggled cryptocurrency though all likely

Источник: bitcoints.com

below bitcoin → Результатов: 27


Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Outlook

2018-07-21 This edition features popular Bitcoin technical analyses from Coindesk, Bitcoinist and NewsBTC. Or jump right to today’s Bitcoin $ BTC Forecast. The selloff has continued and the rally appears to have been another blip in a lengthening bear market.

$ ETH Forecast: Thursday version

KittyBitcoin’s unique Ethereum $ ETH Forecast brings you time-saving & illustrated views. The links to “Full coverage” let you easily obtain 100% of the analytical depth. Report Generated This report was generated on Thursday July 19 2018 19:02 hours UTC.

Bitcoin Stagnates Below $6800, Key Resistance Point

Bitcoin (BTC) rally has stalled near a key resistance range and a minor pullback could recharge the engine for a much-awaited move toward the $7,000 mark. Further, BTC has failed to close (as per UTC) above the stiff resistance at $6,800 in the last two days.

Syscoin: Return to action after Irregular Trade Activity

This trade sent the market into overdrive as users assumed that the exchange or the Syscoin protocol had been compromised. Binance said it was revoking “existing API keys” and asked users to recreate their keys and be more protective.

This week’s cloud be vital for Litecoin’s Price

Litecoin’s (LTC) close this week will likely set the tone for the next major move in prices, the technical charts indicate. On the other hand, if LTC finds acceptance below $72.58, then more investors will likely liquidate their holding (long positions), yielding another round of sell-off. So, a weekly close below $72.58 (last week’s doji