Bitcoin (BTC) Price Watch: How Low Can It Go?

Bitcoin Price Key Highlights Bitcoin price looks ready to resume the downtrend as the descending trend line keeps holding. Bulls seem to be having trouble sustaining the upside wedge breakout and might give in to bearish pressure. Applying the Fibonacci extension tool shows the next potential downside targets. Bitcoin price might be ready to resume

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Tron (TRX) Price Watch: Correction Done, Aiming Higher

Tron Price Key Highlights Tron price bounced off the area of interest marked in an earlier post. Price is now making its way up to the swing high and the Fib extension tool shows the next upside targets. Technical indicators also support the idea of more gains for Tron. Tron price bounced off the resistance-turned-support

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Bitcoin (BTC) Price Watch: Imminent Rising Wedge Breakout

Bitcoin Price Key Highlights Bitcoin price has formed higher lows and slightly higher highs to create a rising wedge on its 1-hour chart. Price is bouncing off resistance and might be due for another test of support. Bitcoin price is also nearing the peak of the formation so a breakout might happen soon. Bitcoin price

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Bitcoin (BTC) Price Watch: Make or Break at Channel Resistance

Bitcoin Price Key Highlights Bitcoin price looks ready to resume the slide after hitting the resistance at the descending channel. This lines up with the Fib retracement levels, adding strength to the ceiling. Technical indicators also support a continuation of the downtrend. Bitcoin price climbed to the top of its descending channel where sellers were

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Cardano (ADA) Price Watch: Ready to Reverse from the Drop?

Cardano Price Key Highlights Cardano is still in its descending channel but might be gaining traction off the bounce. Applying the Fib tool shows the next potential resistance levels that could keep gains in check. Technical signals are looking mixed, with oscillators suggesting further gains in the cards. Cardano appears to be gaining some traction

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Bitcoin (BTC) Price Watch: Next Upside Hurdles to Clear

Bitcoin Price Key Highlights Bitcoin price broke to the upside of its short-term consolidation pattern to signal bullish pressure. Price has yet to bust through several upside hurdles to confirm that buyers are in control. Technical indicators are mostly suggesting that the drop could still resume. Bitcoin price made a short-term upside break but still

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Ethereum (ETH) Price Watch: Stuck in Consolidation, Waiting for Direction

Ethereum Price Key Highlights Ethereum has formed lower highs and higher lows to consolidate inside a symmetrical triangle. Price is approaching the peak of the formation so a breakout could be due anytime soon. Technical indicators appear to be hinting at a potential upside break and rally. Ethereum is currently consolidating inside a short-term symmetrical

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Bitcoin (BTC) Price Watch: Eyes on This Consolidation Pattern

Bitcoin Price Key Highlights Bitcoin has formed lower highs and higher lows to trade inside a symmetrical triangle pattern on its 1-hour chart. Zooming out to longer-term time frames shows that this might be a bearish flag continuation pattern. Price is nearing the peak of the formation to signal that a breakout in either direction

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Bitcoin (BTC) Price Watch: Strong Bounce on Remarks from SEC Official

Bitcoin Price Key Highlights Bitcoin price recently made a move below a long-term floor but this might just be a fakeout. Remarks from a senior SEC official eased regulatory concerns in the industry somewhat. Oscillators on the long-term chart are also hinting at a bounce as well. Bitcoin is still hovering around support at $6,600

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Tron (TRX) Price Watch: Updated Potential Correction Levels

Tron Price Key Highlights Tron continues to trend lower and has dipped back to the descending channel support on the 4-hour chart. A bounce could take it up to the Fibonacci retracement levels before the drop resumes. Moving averages suggest further declines while oscillators signal a potential rally. Tron could be in for a pullback

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