Bitcoin (BTC) Price Watch: New Bullish Channel Forming

Bitcoin Price Key Highlights Bitcoin price is forming higher highs and higher lows inside an ascending trend channel on the 1-hour chart. Price just bounced off the channel bottom and may be due for a test of the resistance at $6,600. There are nearby inflection points at the mid-channel area of interest as technical indicators

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Bitcoin (BTC) Price Watch: Bearish Wedge Breakout

Bitcoin Price Key Highlights Bitcoin price recently broke below a rising wedge pattern to signal that further losses are in the cards. Price might still pull back to the broken support area, which lines up with Fib levels, to gather more selling pressure. Technical indicators are showing that there is still some bullish momentum left.

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Litecoin (LTC) Price Watch: Is That a Double Bottom?

Litecoin Price Key Highlights Litecoin price could be done with its drop as a double bottom may be forming on the 4-hour chart. Technical indicators are showing mixed signals at the moment as selling pressure remains present. A break past the neckline at $70 could lead to a rally that’s the same height as the

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Bitcoin (BTC) Price Watch: Bullish Reversal Pattern Forming?

Bitcoin Price Key Highlights Bitcoin price appears to be gaining some traction off its recent bounce, possibly forming another double bottom. This is a classic reversal formation, so a rally could be due once price breaks past the $7,400 neckline. Technical indicators, however, are suggesting that the selloff might still resume. Bitcoin price might be

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Bitcoin (BTC) Price Watch: Bearish Pullback Underway?

Bitcoin Price Key Highlights Bitcoin price appears to be gaining a bit more traction on its bounce off the triangle support. Price could be ready to test the triangle resistance again, and this lines up with the 61.8% Fib level. Technical indicators are suggesting that the rallies could go on for a bit longer. Bitcoin

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Monero (XMR) Price Watch: Correction After Major Bullish Breakout

Monero Price Key Highlights Monero price recently busted through a descending trend line on the daily time frame to signal a major reversal. However, price hit a roadblock near $150 and is pulling back to the broken resistance. The Fib retracement tool applied on the latest breakout move also shows nearby support levels where bulls

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Bitcoin (BTC) Price Watch: Still Some Selling Pressure Left?

Bitcoin Price Key Highlights Bitcoin price is still consolidating inside its falling wedge pattern seen on the daily time frame. Price tumbled sharply upon hitting resistance and is setting its sights back on the bottom. There’s also strong support around the $6,000 mark, which explains why bitcoin price is consolidating here. Bitcoin price is currently

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Bitcoin (BTC) Price Watch: Tight Battle Between Bulls and Bears

Bitcoin Price Key Highlights Bitcoin price is currently consolidating in a short-term symmetrical triangle visible on the 1-hour chart. The breakout could set the longer-term direction for bitcoin as it nears a key support area. Technical indicators are suggesting that a downside move is more likely to happen than an upside break. Bitcoin is consolidating

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Bitcoin (BTC) Price Watch: More Bears Waiting to Join In?

Bitcoin Price Key Highlights Bitcoin price recently made a sharp tumble, breaking below an ascending trend line connecting the lows since mid-August. Applying the Fib retracement tool on the latest swing high and low shows that the 61.8% level lines up with the broken support. Technical indicators are suggesting a potential pickup in bullish momentum.

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Ethereum (ETH) Price Watch: Bears Back in the Game!

Ethereum Price Key Highlights Ethereum price tumbled below its symmetrical triangle consolidation previously highlighted. This signals that further losses are in the cards, possibly taking price down to the next long-term support around $150. Technical indicators also point to a continuation of the slide from here. Ethereum made a downside break from consolidation to confirm

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