Bitcoin price keeps sinking, but has kept mostly sideways leaving bears unable to break support to new lows. With the trading range at a pivotal point, as one trading legend often says…
Bitcoin Extends Losses, Why $30K Holds The Key For Next Wave
Bitcoin price extended its decline below the $33,000 support zone against the US Dollar. BTC is currently recovering and it must stay above $30,000 to avoid a larger decline. Bitcoin extended its…
Bitcoin Daily Dragonfly Doji Gives Bulls Hope Of Sharp Reversal
Bitcoin price is now up $6,000 from yesterday’s low in a flash. A long wick below support is now left behind, forming a Japanese candlestick formation called a dragonfly doji. With a…
Ethereum Outpaces Bitcoin, Here’s Why ETH Could Surpass $2,880
Ethereum started a fresh increase from the $2,550 support zone against the US Dollar. ETH price is rising, and it is likely to accelerate higher if it breaks $2,880. Ethereum is showing…
Bitcoin Recovers Sharply, Why BTC Could Rally Further Above $38K
Bitcoin price started a strong increase above the $35,000 resistance against the US Dollar. BTC is currently showing a lot of positive signs and it could even surge above $38,000. Bitcoin started…
Ethereum Topside Bias Vulnerable, What Could Trigger Sharp Decline
Ethereum started a fresh decline from the $2,850 resistance against the US Dollar. ETH price is down over 5% and it is struggling to stay above $2,420. Ethereum declined sharply after there…
How Extreme Fear In Crypto Correlates With Bitcoin Bottoms
The crypto market is in full fledged fear for the longest phase in more than a year, coinciding with a massive Bitcoin drop of more than 50%. The once trending cryptocurrency has…
Ethereum Signals Recovery, How ETH Could Start A Strong Increase
Ethereum extended its decline and it traded close to $2,300 against the US Dollar. ETH price is now recovering and it could start a strong increase if it clears $2,550. Ethereum extended…
Bitcoin Signals Fresh Decline, Why Dips Could Be Limited In BTC
Bitcoin price extended its upward move above the $37,500 resistance against the US Dollar. BTC failed to clear $38,500 and it is now correcting lower. Bitcoin traded above $38,000, but it failed…
Ethereum Recovery Hits Roadblock, Why Close Above 100 SMA Is Important
Ethereum started a steady increase and cleared the $2,550 resistance against the US Dollar. ETH price is now struggling to climb higher above $2,650 and the 100 hourly SMA. Ethereum gained pace…