Yesterday the ETH USD pair rallied above the $138 resistance levels to reach its new highs near 148$ where the bearish reaction was triggered. Currently trading at 144$, ETH USD pair is facing heavy resistance near 148$. If bears continue to gain strength, they may try to push it further...
Technical Analysis
In the past few sessions, ETH USD pair gained strength and broke key resistance levels at 124$ and $128. The price reached 138$ near the 61.8% Fib retracement level from previous month 100$ low to 160$ high. Currently trading at 134$, ETH price is gaining strength above the $132 support...
Last week, we saw an upward move in BTC price breaking the $3,500 resistance levels to give a new yearly high at $3,710. A break just above the 50% Fib retracement level from the previous wave low at $3,350. Majority of the cryptocurrencies experienced a double-digit gain, however, Stellar remained...
BTC Support level: Last week on Friday, we saw an upward move in BTC price breaking the $3,500 resistance levels to give a new yearly high at $3,710. A break just above the 50% Fib retracement level from the previous wave low at $3,350. At the moment, the $3,585 level...
Yesterday we saw a downside reaction in ETH price below the previous support level of 105$. Based on the hourly chart analysis, the RSI is nearing towards the over-bought range and may trigger a short term sell-off near the range of 105$. From the daily RSI level, ETH is nearing...
Bitcoin network valuation compared to last week, Top 100 richest Bitcoin wallets continue to increase their holdings approx. 140+Million$ price worth of Bitcoin added since last week. 0.44% growth in active wallets. Better compared to last week stats, still not a clear indicator of trend reversal anytime soon. The 90-day...
Bitcoin support level continues to break and remains highly unpredictable. There are no takers for Bitcoin despite a huge fall from its peak 20,000$ to 3,400$. Maybe investors are moving money back to traditional safe-haven ‘gold’ or believe that blockchain “is no better than excel spreadsheet”. The following article lays...