Bitcoin Price Watch: BTC/USD Sellers In Control

Key Points Bitcoin price was not able to move back above $8,000 and declined further against the US Dollar. There are two important bearish trend lines in place with resistance at $7,700 and $7,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently moving higher, but it is

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Ethereum Classic Price Analysis: ETC/USD Consolidating Near $15

Key Highlights Ethereum classic price declined and traded close to the $14.20 support level against the US dollar. There is a major bearish trend line forming with resistance at $15.80 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is currently correcting higher towards the $15.50 and $15.80 resistance levels.

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Ripple Price Analysis: XRP/USD Facing Tough Challenge

Key Highlights Ripple price declined further and traded below the $0.6000 support level against the US dollar. Yesterday’s highlighted important bearish trend line with current resistance at $0.6300 is intact on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting higher and it may face hurdles near the

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Ethereum Price Analysis: ETH/USD Back Below $600

Key Highlights ETH price nosedived below $620 after it struggled to move above the $650 resistance against the US Dollar. There are two bearish trend lines forming with resistances at $610 and $655 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently consolidating losses above $650 and it remains at

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Bitcoin Cash Price Analysis: BCH/USD Jaw Dropped Below $1,000

Key Points Bitcoin cash price declined sharply and moved below the $1,000 support against the US Dollar. Yesterday’s highlighted major bearish trend line with current resistance at $1,080 is intact on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently correcting higher towards the $1,050 and $1,080 resistance levels

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Bitcoin Price Watch: BTC/USD Breakdown Looks like Real Deal

Key Points Bitcoin price failed to hold the $8,240 support and declined sharply against the US Dollar. There is a major bearish trend line formed with resistance at $8,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may well correct higher in the short term towards the $8,100 and

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Cardano Price Analysis: ADA/USD Upsides Remain Limited

Key Highlights ADA price declined recently and broke a key support at $0.2300 against the US Dollar (tethered). There was a break below an important bullish trend line with support at $0.2450 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair traded towards the $0.2100 level and it seems like

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Ripple Price Analysis: XRP/USD Broke Significant Support

Key Highlights Ripple price failed to hold a major support area near $0.6500 and declined against the US dollar. There is a crucial bearish trend line forming with resistance at $0.6450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct higher, but the broken support at $0.6500 is

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Ethereum Price Analysis: ETH/USD Tumbled Below $655

Key Highlights ETH price was not able to move above the $700 resistance and declined sharply against the US Dollar. There is a new connecting bearish trend line forming with resistance at $655 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct higher in the short term, but upsides are

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Bitcoin Cash Price Analysis: BCH/USD Bearish Below $1,150

Key Points Bitcoin cash price declined further and broke a major support at $1,150 against the US Dollar. There is a major bearish trend line forming with resistance at $1,160 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may perhaps continue to move down and it could even break

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