Ethereum has moved to a new 2019 trading high, with the second largest cryptocurrency by market capitalization receiving a boost from the recent breakout rally in Bitcoin. The first bullish target for the ETHUSD pair is the $230.00 level, with the $270.00 level extended weekly resistance. Sellers need to move price below the $185.00 level to shift the strong...
Bitcoin has broken through the $7,000 resistance level, with the number one cryptocurrency by market capitalization gaining nearly twenty percent since it moved above the $6,000 level. The $7,500 level offers strong technical resistance, although the $8,000 level is seen as formidable weekly resistance. The strong move higher hasnow created a large inverted head...
Ethereum is attempting to push higher in early Wednesday trade as the second largest cryptocurrency by market capitalization holds above major weekly support. Buyers need to break above the current 2019 trading high in order to encourage fresh technical buying in the ETHUSD pair. The Ichimoku indicator is currently showing that the $160.00 and $148.00 levels are...
Bitcoin is starting to receive a fresh round of buying demand in early Tuesday trade with the number one cryptocurrency breaking through the $5,800 resistance level. The $5,620 is now former key resistance turned key support if the BTCUSD pair moves below the $5,800 level. Overall, the BTCUSD pair is targeting the $6,000 level and possibly the $6,300 resistance...
Litecoin is attempting to move higher in early week trade after the sixth largest cryptocurrency by market capitalization was given a boost by the latest strong rally in Bitcoin. The LTCUSD pair only has an intraday bullish bias while trading above key technical support, at $75.00. Bulls will soon need to break the former monthly trading high or the LTCUSD pair...
Ethereum is under downside pressure on Tuesday, with the second largest cryptocurrency by market capitalization trading towards the $150.00 level. The ETHUSD pair has a bearish intraday bias while trading below the $158.00 and could weaken below the important $145.00 level. The daily time frame is currently showing that critical weekly support for the ETHUSD pair...
Ethereum is under downside pressure on Friday, with the second largest cryptocurrency falling below major weekly technical support. The ETHUSD pair has failed to gain bullish momentum this week and has so far found support from the $145.00 level. The bearish head and shoulders pattern on the four-hour time frame remains key, with the ETHUSD pair now trading below...
Litecoin is struggling to move higher on Wednesday, as the sixth largest cryptocurrency by market capitalization failed to rally alongside Bitcoin on Tuesday. The LTCUSD pair is still trapped within a bullish descending triangle pattern on the daily time frame. Overall, the LTCUSD pair still has a bullish weekly trading bias above the $65.00 level, which is the...
Ethereum is starting to erase Friday’s solid gains as the second largest cryptocurrency comes under early week selling pressure. A bearish head and shoulders pattern is looming over the four-hour time frame, with bulls needing to move price above the $185.00 level to invalidate the pattern. Key intraday technical support for the ETHUSD pair is found at the $154.00...
Hello Traders, After the rally to 20,000 and a deep correction, completed Wave I and Wave II of Bitcoin and potentially started a new wave of which Wave 1 and Wave 2 is potentially complete, which then makes the next wave which is going to start soon or started just now Wave 3 of Wave III which is considered to be the longest and fastest Wave.. And given the...
From a technical point of view, the price of the VERGE cryptocurrency is in an interesting place on the chart: very close to the target level of 61% Fibo at 0.0514. From there, the price may turn back and, by breaking the downward trend line, return to the upward cycle. Resistance levels on the chart.
Conditions looks set for an Ethereum take off. Low Stochastic RSI (21), negative divergence on lows and highs in the MACD indicating, and the Aroon heading towards the up portion of its oscillation. Touches of the upper trend line signify the pair is ready for a breakout. But as we know, in this hyper-volatile cryptocurrency market, one can never be too sure of anything.
Ethereum ranks second in the cryptocurrency ranking. The capitalization amounts to more than 80 billion dollars and its price has fallen by over 4% in the last 24 hours. ETH quotes move in the inheritance channel. We currently see a price rejection from its upper limit. The price goes to support at 791.5 USD. If it is broken, the next target will be around 576.5...
Previous trend easily breached, new trend showing a double top (indicated by arrows) which is a harmonic reversal pattern and could be an indication for bearish price action. MACD saw negative divergence on the double top as well, indicating the trend is losing strength. But the trend just broke out and it is also rational to suggest it is unlikely a correction...
Bitcoin Inverted Head & Shoulders Setting Up? $4,309 26Aug17 Are we seeing a start of an Inverted Head & Shoulders? Resistance remains at around $4,440 (potential neckline) Expecting a pullback to at least $4,000 from there we will see... Sean Vengan Professional Cryptocurrency Trader and Trading Educator
Index coop is a low cap strong project which is 95% down from its all-time high. Sitting below 20 million market cap, project behind metaverse index and DeFi pulse. As per the analysis, it has broke out from long-term weekly trendline and now heading Upward.
Oraichain broke out from its daily trendline and now doing retracement . Current price is 7.337 and the next targets are 28.4 & 34.19
The start of 2023, the broader crypto market is bullish and its positive sentiment at the current bullish momentum could see UMA prices bounce higher. Can the UMA token price regain momentum and test new highs this year? Let's perform an analysis of the price of the UMA coin, but first like, share and comment. The UMA/USDT price is trading on the 4H chart inside...