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Yaz Sheikh



Articles by Yaz Sheikh

Ripple Price Analysis: XRP Suffers Hard As Fresh Lows Against Bitcoin Incoming

2 days ago

XRP/USD – Bulls Trade Sideways After Triangle Break
Key Support Levels: $0.25, $0.245, $0.237.Key Resistance Levels: $0.261, $0.271, $0.28..
Last week, XRP managed to break free from a symmetrical triangle pattern but has since moved sideways since the breakout. The coin seems to remain supported at the $0.25 level but struggles to break the resistance around $0.261 (bearish .5 Fib Retracement).
To turn bullish, XRP would need to close a daily candle above the $0.261 level to show that the buyers are ready to push higher toward $0.28.
XRP/USD Daily Chart. Source: TradingViewXRP-USD Short Term Price Prediction
Looking ahead, if the buyers rebound from $0.25 and penetrate above the $0.261 level (bearish .5 Fib), higher resistance lies at $0.271 (bearish .618 FIb), $0.28

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ETH Cools Off After 13% Weekly Gains, What’s Next? (Ethereum Price Analysis)

4 days ago

ETH/USD – Bulls Retest Bearish .618 Fib Resistance
Key Support Levels: $410, $400, $387.Key Resistance Levels: $416, $421, $439.
Ethereum saw a strong 13% price surge this past week as it reached as high as $421 (1.414 Fib Extension). More specifically, the buyers could not close a daily candle above the resistance at the bearish .618 Fib Retracement at $416.
After heading back into $400 yesterday, the bulls have rebounded and are now retesting the aforementioned level.
ETH/USD Daily Chart. Source: TradingViewETH-USD Short Term Price Prediction
Looking ahead, once the buyers break $416, the first level of resistance lies at $421.50 (1.414 Fib Extension). This is followed by resistance at $434, $439 (August 2018 Highs), and $445 (bearish .786 Fib). $450, added resistance

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Crypto Price Analysis & Overview October 23rd: Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash

5 days ago

Bitcoin
Bitcoin saw a very strong 13% price increase over the past seven days which allowed it to break above the $13,000 handle. At the start of October, Bitcoin managed to penetrate above a symmetrical triangle pattern which was the first sign that a bull run was about to form.
After the breakout, it managed to push as high as $11,600 before stalling. Last Friday, Bitcoin was trading at around $11,200 as it rebounded and started to push higher. It quickly reached the $12,000 level and broke above here on Wednesday. The coin continued upward until resistance was met at $13,000 – where it currently trades.
Looking ahead, once the buyers break $13,000, the first level of resistance lies at $13,200. Above this, resistance lies at $13,416 (1.414 Fib Extension), $13,500,

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XRP Bulls Step in With a 5% Daily Increase, Is $0.30 Next? (Ripple Price Analysis)

6 days ago

XRP/USD – Buyers Finally Break Above Symmetrical Triangle
Key Support Levels: $0.26, $0.251, $0.245.Key Resistance Levels: $0.261, $0.271, $0.279.
XRP went through a rollercoaster of price action yesterday as it reached as high as $0.271 (bearish .618 Fib) and as low as $0.228 (.618 Fib) during the 24 hours.
The cryptocurrency had been trading within a symmetrical triangle and rebounded from the lower boundary at the start of the week. Despite the whipsaw like movement yesterday, the daily candle still closed beneath the triangle’s upper boundary.
Today, XRP pushed higher to break toward the upside of this triangle. It reached the resistance at $0.261, provided by a bearish .5 Fib Retracement level.
XRP/USD Daily Chart. Source: TradingViewXRP-USD Short Term Price

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ETH Price Analysis: As Bitcoin Parties, Ethereum Sheds 25% BTC-Wise Since September

7 days ago

ETH/USD – Bulls Rebound From 2019 Highs.
Key Support Levels: $364, $355, $345.Key Resistance Levels: $396, $400, $410.
Over the past week, Ethereum was struggling to break above a very short-term falling trend line. The coin dropped into the support at the 2019 Highs around $364 yesterday which allowed it to rebound higher today.
After rebounding, ETH went on to break above resistance at $375.
ETH/USD Daily Chart. Source: TradingViewETH-USD Short Term Price Prediction
Looking ahead, if the buyers continue to push above $390, the first level of resistance lies at $396 (bearish .5 Fib Retracement & October highs). Following this, resistance lies at $400, $410, and $416 (bearish .618 Fib Retracement).
On the other side, if the sellers push lower, the first level of support is

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Ripple Price Analysis: XRP Crashes To 3-Month Low Against Bitcoin, What’s Next?

8 days ago

XRP/USD – Bulls Remain Inside Symmetrical Triangle Pattern
Key Support Levels: $0.237, $0.23, $0.228.
Key Resistance Levels: $0.251, $0.261, $0.271.
XRP has not been outperforming over the past seven days, but it remains inside the boundaries of a symmetrical triangle. The coin failed to break the upper boundary last week, which caused it to head into the support at the lower boundary.
It rebounded at the lower boundary but has struggled to remain above the 100-days EMA at around $0.243. XRP spiked higher yesterday and over the past hours, but the bears have banded together to suppress the price beneath the 100-days EMA.
The next direction for XRP will be dictated by the direction in which price breaks the symmetrical triangle, as shown in the following chart. A break

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Stellar Price Analysis: XLM Surges 11% in a Day, $0.1 Inbound?

11 days ago

XLM/USD – Bulls Rebound Into 100-days EMA.
Key Support Levels: $0.08, $0.075, $0.07.Key Resistance Levels: $0.086, $0.088, $0.0921.
XLM found support at the $0.0668 (.618 Fib) level toward the end of September which allowed the downtrend to reverse. Throughout October, the coin has slowly been grinding higher. Initially, it struggled to break the resistance at $0.08, which is provided by the bearish .236 Fib Retracement level.
This aforementioned resistance was penetrated today as XLM pushed higher to reach the current resistance at the 100-days EMA around $0.0814. XLM will need to break above this level to start a short-term bullish trend.
XLM/USD Daily Chart. Source: TradingViewXLM-USD Short Term Price Prediction
Looking ahead, if the buyers can break the 100-days EMA

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Crypto Price Analysis & Overview October 16th: Bitcoin, Ethereum, Ripple, Waves, and Ren

12 days ago

Bitcoin
Bitcoin saw a 4.3% price surge over the past seven days. The cryptocurrency was trading slightly above $11,000 last Friday as it started to push higher. Throughout the week, it managed to spike as high as $11,730 (1.414 Fib extension) but was never able to close a daily candle above resistance at $11,537 (provided by a 1.272 Fib Extension).
Today, with the announcement that OKEx had halted their withdrawals, BTC took a tumble. It spiked into the support at $11,200 – provided by a .382 Fib Retracement. It has since rebounded to trade at $11,360.
Moving forward, if the bulls continue to push back above $11,500, resistance lies at $11,537 (1.272 Fib Extension), $11,600, and $11,729 (1.414 Fib Extension). Beyond this, additional resistance lies at $11,800, $11,900

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Ripple Bears Resurface to Test 100 EMA Support, Will it Hold? (XRP Price Analysis)

13 days ago

XRP/USD – Bears Push XRP Into 100-days EMA
Key Support Levels: $0.24, $0.237, $0.23.Key Resistance Levels: $0.251, $0.261, $0.271.
XRP was performing well this week as it attempted to surge higher after bouncing from a rising trend line at the start of October. It managed to reach as high as $0.26 over the past few days, but it struggled to penetrate this level after numerous attempts.
Over the past two days, XRP dropped by a sharp 6% as it fell from the upper boundary of the triangle to reach the lower boundary – which is further supported by the 100-days EMA. A break beneath this support could see XRP heading back toward the September lows at $0.22.
XRP/USD Daily Chart. Source: TradingViewXRP-USD Short Term Price Prediction
Looking ahead, if the sellers break below the

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Ethereum Bulls Back in Town Following 13% Weekly Increase (ETH Price Analysis)

14 days ago

ETH/USD – Bulls Spike Into Bearish .5 Fib Retracement.
Key Support Levels: $376, $364, $356.Key Resistance Levels: $396, $400, $410.
Ethereum has been on a bullish footing since breaking out of the consolidation phase last week. Over the past seven days, Ethereum managed to rise by a total of 12% to reach the current level.
It had surged higher at the start of this week as it reached as high as $396, where it ran into resistance at a bearish .5 Fib Retracement level. It has since dropped lower but is supported by the previous resistance at $375.
ETH/USD Daily Chart. Source: TradingViewETH-USD Short Term Price Prediction
Looking ahead, if the bulls regroup and start to push higher again, the first level of resistance lies at $390. This is followed by resistance at $396

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Ripple Bulls Stall Above $0.25, Up Against an Important Resistance (XRP Price Analysis)

15 days ago

XRP/USD – Bulls Attempting To Breakout From Consolidation PatternKey Support Levels: $0.25, $0.244, $0.24.Key Resistance Levels: $0.261, $0.271, $0.28.At the start of October, XRP bounced from the lower boundary of a short term symmetrical triangle pattern at around $0.23. From there, the buyers pushed higher but initially struggled with the resistance at $0.251 (bearish .382 Fib).This aforementioned resistance fell over the past week as the bulls continued to break above the triangle today. Although the coin is above the triangle, it still faces strong resistance at $0.261 (bearish .5 Fib) and must penetrate it to turn bullish and head back to the September highs.XRP/USD Daily Chart. Source: TradingViewXRP-USD Short Term Price PredictionLooking ahead, if the bulls can break $0.261,

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BNB Price Analysis: Binance Coin Increases 7% Following New IEO Announcement

16 days ago

BNB/USD – Buyers Push BNB Back Above $30.Key Support Levels: $27.17, $26, $24.90.Key Resistance Levels: $30, $31.30, $32.60.Binance Coin has been performing extremely well since it bounced from the support at $23 in late-September. So far, the coin has increased by a total of 35% since then as it hits the $30.72 resistance level today – provided by a long-term 1.414 Fib Extension level.The price surge today allowed BNB to create a fresh October high above $30 after the exchange announced the IEO for Inejective Protocol (INJ) today.BNB/USD Daily Chart. Source: TradingViewBNB-USD Short Term Price PredictionMoving forward, if the buyers can continue to drive further beyond $30.72, resistance is first expected at $31.30 (August 2019 High-day closing price). This is followed by resistance at

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ETH Price Analysis: After 5% Daily Increase, Can Ethereum Reclaim $400?

16 days ago

ETH/USD – Bulls Continue Further On The Road To $400.Key Support Levels: $378, $364, $350.Key Resistance Levels:$392, $400, $410.Last week, Ethereum broke above a symmetrical triangle consolidation pattern and started to push higher over the weekend. It managed to climb above the 2019 high at $364 as it ran into resistance at a bearish .382 Fib Retracement at around $378 yesterday.Today, Ethereum continued to surge higher by a total of 5%. This allowed the coin to break above the $378 resistance as it runs into the $384 level (1.272 Fib Extension level).ETH/USD Daily Chart. Source: TradingViewETH-USD Short Term Price PredictionLooking ahead, if the bulls can break $385, the next level is located at $392 (1.414 Fib). Above this, resistance lies $400. Beyond $400, additional resistance is

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Cardano Price Analysis: ADA Soars 15% Over The Past Week – Will Bulls Continue Higher?

17 days ago

ADA/USD – New Monthly High and Attempt Break Above 2019 HighsKey Support Levels: $0.104, $0.1, $0.0974.Key Resistance Levels: $0.114, $0.12, $0.123.Cardano bounced from the support at $0.0932 (.5 Fib Retracement) this week, which allowed it to surge by 15%. On the way up, ADA broke above resistance at $0.1 to close the daily candle at the $0.104 resistance yesterday. A bearish .382 Fib Retracement level provided this resistance.Today, ADA continued higher above $0.104 as it makes its pace toward $1.07, where lies the 2019 highs. The cryptocurrency experienced increasing volume over the past few days, suggesting that ADA should have no problem breaking the aforementioned resistance.ADA/USD Daily Chart. Source: TradingViewADA-USD Short Term Price PredictionLooking ahead, if the buyers

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Crypto Price Analysis & Overview October 9th: Bitcoin, Ethereum, Ripple, Monero, & Bitcoin Cash

19 days ago

BitcoinBitcoin saw a 5.6% price increase over the past seven days as it finally breaks above the $11,000. The cryptocurrency was trading within a symmetrical triangle pattern since mid-September and struggled to break above this consolidation until yesterday.BTC was trading at the 100-days EMA last Friday as it rebounded from here and started to push higher. On Monday, the coin reached the upper boundary of the triangle and was rejected. This caused it to head toward the lower boundary on Tuesday as it rebounded once again.Bitcoin managed to push higher yesterday as it broke above the upper boundary of this consolidation pattern. It continued today to reach the current resistance at around $11,130 (bearish .5 Fib Retracement).If the bulls break $11,130, resistance is expected at $11,200.

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Ethereum Bulls Attempting a Shot at $350, Breakout Incoming? (ETH Price Analysis)

20 days ago

ETH/USD – Short-Term Consolidation ContinuesKey Support Levels: $336, $324, $317.Key Resistance Levels: $342, $365, $378Ethereum has been trapped in a short-term symmetrical triangle pattern since mid-September. The coin failed to break above the upper boundary on Tuesday as it headed lower into the 100-days EMA. The support there has held over the past two days after ETH rebounded from the lower boundary of the triangle.The coin is now quickly approaching the apex of this consolidation – where a breakout is expected.ETH/USD Daily Chart. Source: TradingViewETH-USD Short Term Price PredictionIf ETH closes a daily candle beneath the 100-days EMA and falls beneath the triangle, the first level of support lies at $324 (.618 Fib). This is followed by support at $317, $306, and $300. The support

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Ripple’s Momentum Weakens Around $0.25, Huge Price Move Incoming? (XRP Price Analysis)

21 days ago

XRP/USD – Bulls Face Resistance at Bearish .382 Fib.Key Support Levels: $0.24, $0.236, $0.23.Key Resistance Levels: $0.251, $0.261, $0.271.XRP rebounded from a rising trend line on Sunday which saw the coin breaking above the 100-days EMA to reach the resistance at $0.251 (bearish .382 Fib Retracement). During this week, XRP managed to spike as high as $0.26 but is still yet to close a daily candle above the resistance at the bearish .382 Fib Retracement.Yesterday, after failing to break the $0.251 resistance, XRP headed lower but managed to close the daily candle above the 100-days EMA. Today, the bulls are also battling to remain above the 100-days EMA as they refuse to relinquish their control of the market momentum.XRP/USD Daily Chart. Source: TradingViewXRP-USD Short Term Price

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XRP Price Analysis: Ripple Soars 8% On The Daily, Is $0.30 Next?

23 days ago

XRP/USD – Bulls Finally Break 100-days EMA ResistanceKey Support Levels: $0.243, $0.237, $0.228.Key Resistance Levels: $0.251, $0.26, $0.271.XRP found support at the $0.23 level at the start of October. It rebounded from this support yesterday to finally push higher above the resistance at the 100-days EMA – a level which the coin struggled with throughout last week.After breaking the 100-days EMA, XRP climbed into the resistance at $0.251 – provided by a bearish .382 Fib Retracement. The psychological round number of $0.25 further bolsters the area. The following 4HR chart shows how XRP is now trying to breach this level.XRP/USD 4HR Chart. Source: TradingViewXRP-USD Short Term Price PredictionXRP/USD Daily Chart. Source: TradingViewLooking ahead, if the buyers manage to break $0.251,

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Following 10% Weekly Gains, Is BNB on the Way to $30 (Binance Coin Price Analysis)

24 days ago

BNB/USD – Bulls Head Back Toward October HighsKey Support Levels: $27.17, $26, $25.Key Resistance Levels: $30, $31, $32.5.In the last week of September, Binance Coin dropped into the support at $23 and rebounded to reach as high as $29.30 by the end of the month. As October started, BNB headed lower from this resistance but managed to find strong support at the $26 level. A .5 Fib Retracement further bolstered this level at the $25.77 mark.BNB bounced from $26 over the past couple of days and increased to above $29 today.BNB/USD 4HR Chart. Source: TradingViewBNB-USD Short Term Price PredictionLooking ahead, the first level of resistance lies at $30. Above this, resistance lies at $31.30, $32.5, and $33.5. Additional resistance is expected at $35.On the other side, the first level of

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Crypto Price Analysis & Overview October 2nd: Bitcoin, Ethereum, Ripple, Binance Coin, and Polkadot

26 days ago

BitcoinOver the past seven days, Bitcoin dropped by a total of 2% as it currently trades around the $10,500 level. The week was pretty interesting after it rebounded from a 6-month-old rising trend line last week. After bouncing, it continued higher to reach as high as $10,900 at the start of October.Unfortunately, Bitcoin failed to break resistance at a falling trend line, and it rolled over yesterday to drop back into the support at a long-term rising trend line. These two trend lines together form somewhat of a symmetrical triangle pattern.Today, Bitcoin did spike beneath the rising trend line, but the buyers have since regrouped to bring BTC back above it and above the 100-days EMA to trade at $10,535.Looking ahead, if the buyers continue to drive higher, the first level of resistance

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This is The Level XRP Has to Break for The Bulls to Push Higher (Ripple Price Analysis)

27 days ago

XRP/USD – Bulls Struggling To Break 100-days EMA ResistanceKey Support Levels: $0.236, $0.228, $0.22.Key Resistance Levels: $0.251, $0.61, $0.271.Since rebounding from $0.22 last week, the bulls managed to push higher and reach the resistance at the 100-days EMA at around $0.245. Unfortunately, the buyers have failed to break this resistance over the past six days of trading.The bulls have indeed managed to spike above the resistance. However, they have failed on each day to produce a closing candle above the 100-days EMA. Despite this, the coin remains supported at the $0.236 level (200-days EMA) and has dropped here today with the recent 2.2% price fall.XRP/USD Daily Chart. Source: TradingViewXRP-USD Short Term Price PredictionIf the bulls can break the 100-days EMA, the first level of

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After Surging 33% in a Week, What’s Next for Cardano? (ADA Price Analysis)

27 days ago

ADA/USD – Bulls Rebound From 6-Month-Old Rising Trend LineKey Support Levels: $0.1, $0.095, $0.087.Key Resistance Levels: $0.105, $0.114, $0.12.Cardano dropped from $0.125 in early September to initially reach the support at $0.087 (.5 Fib). The coin eventually penetrated beneath this level as we moved deeper into September and it headed lower into the support at $0.075 (downside 1.272 Fib Extension). The support there was bolstered by a 6-month-old rising trend line which allowed ADA to rebound last week.After bouncing, it broke above $0.1 at the start of this week and has managed to close each daily candle above this level. Currently, ADA is facing strong resistance at a bearish .382 Fib at around $0.105.ADA/USD Daily Chart. Source: TradingViewADA-USD Short Term Price PredictionLooking

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Chainlink Price Analysis: LINK Seeks Support After Losing 27% Weekly

September 22, 2020

Chainlink has now dropped by a total of 27% over the past week as it crashes beneath $9.00 today.The coin is trading at support at the July high-day closing price as the bulls attempt to stall the downtrend.Against Bitcoin, LINK has fallen into the support at the .618 Fib Retracement at 0.000826 BTC.LINK/USD – Bearish Momentum Reaches Oversold ConditionsKey Support Levels: $8.67, $8.05, $7.66.Key Resistance Levels: $9, $10, $10.40.Five days ago, LINK penetrated beneath crucial support at the $10.40 level (downside 1.618 Fib Extension), which stalled the market decline during the early September price fall. Since then, LINK broke below $10 and continued down until it found support yesterday at the $8.67 level – the July high-day closing price.LINK had spiked lower toward $8.20 yesterday,

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After Crashing 10% in Hours is the ETH Bottom In? (Ethereum Price Analysis)

September 21, 2020

Ethereum fell by a precipitous 10% today as it slips to $336.
The cryptocurrency failed to surpass the $390 resistance last week and fell today as BTC dropped by 3%.
Against Bitcoin, ETH also fell by 5.3% as it penetrated beneath the crucial support at 0.0329 BTC to trade at 0.032 BTC.
ETH/USD – Etheruem Bears Return Market To September Support
Key Support Levels: $336, $325, $306.Key Resistance Levels: $364, $380, $390.
Ethereum fell by a steep 10% today as it dropped beneath $364 (2019 High) to about $336. Toward the end of last week, Ethereum had reached the $390 resistance but could not penetrate above there, which led to ETH rolling over.
Luckily, there is strong support at the $336 level that held the market during the early September drops. A daily closing candle

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Crypto Price Analysis & Overview September 18th: Bitcoin, Ethereum, Ripple, Binance Coin, and Polkadot

September 18, 2020

Bitcoin
Bitcoin saw a positive 6% price increase this week as it edges its way toward the $11,000 level. The cryptocurrency was trading within a symmetrical triangle pattern last week after consolidating prior for 10-days. This symmetrical triangle broke over the weekend – providing the first signal that BTC was about to push higher.
After breaking above, Bitcoin continued to push beyond resistance at $10,600 as it reached resistance at $11,051 (bearish .5 Fib Retracement) yesterday. The bullish push has stalled at this resistance and will need to push beyond here to continue this rebound.
Looking ahead, if the bulls break $11,000 and $11,051, resistance lies at $11,200, $11,340 (bearish .618 Fib Retracenement), $11,500, and $11,760 (bearish .786 Fib Retracement). The last

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ETH Price Analysis: Ethereum Showing Weakness Against Rising Bitcoin, Lower Targets Incoming?

September 16, 2020

Ethereum bulls are currently trying to defend the 2019 high price at $364.The cryptocurrency is forming a descending triangle pattern on the 4HR charts.Against Bitcoin, ETH shows weakness as it starts to head back to the September support around 0.0329 BTC.ETH/USD – Etheruem Starts To Form Short Term Descending TriangleKey Support Levels: $364, $355, $336.Key Resistance Levels: $390, $400, $410.Ethereum dropped from the $390 resistance at the start of the week, but the bulls have defended the 2019 High price at $364. The market is now forming a short term descending triangle pattern, which can be seen on the following 4HR chart:ETH/USD 4HR Chart. Source: TradingViewIt shows the floor of the triangle at $355, and a break beneath here would see Ethereum heading back to the $324

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ETH Rebounds 7% From Yesterday’s Low, $400 Next? Ethereum Price Analysis

September 14, 2020

Etheruem saw a 6.3% price rise this week as it hits $375 today.The coin bounced 7% from yesterday’s low.Against Bitcoin, ETH reached as high as 0.0371 BTC during the weekend. It has since dropped to 0.0352 BTC.ETH/USD – Ethereum Bulls Attempting To Wake UpKey Support Levels: $364, $350, $336.Key Resistance Levels: $390, $400, $410.Last week, Etheruem managed to rebound from the support at $336 as it started to push higher. It managed to reach as high as $390 over the weekend before it fell back into the 2019 High at $364.The bulls defended 2019’s high when yesterday’s candle closed above it. Buyers have attempted to rebound today as they push toward $375. If they can continue to defend the support at $364, Ethereum might have a chance at closing above $400 by the end of this week.ETH/USD.

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BNB Skyrockets To New 2020 High After Increasing By 55% Weekly: Binance Coin Price Analysis

September 13, 2020

Binance Coin surged by an impressive 55% this week to a fresh 14-month high, surpassing $32.50.Against Bitcoin, BNB also created a fresh 14-month high as it reached over the 0.003 BTC mark.The latest price increase allowed Binance Coin to escalate back into the top-7 cryptocurrencies by market cap.BNB/USD – Bulls Set Fresh 2020 Highs At $32.57Key Support Levels: $28.38, $27.17, $25.75.Key Resistance Levels: $30, $32.57, $34.37.At the beginning of September, the drop in the price of Bitcoin caused Binance Coin to drop from the $26 resistance and reach the support at a 2-month-old rising trend line. Then, BNB rebounded as the buyers started to increase their volume.The bullish momentum is a result of recent Binance defi-related news: the latest development of the Binance Smart Chain, along

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Crypto Price Analysis & Overview September 11th: Bitcoin, Ethereum, Ripple, Cardano, and Chainlink

September 11, 2020

BitcoinBitcoin moved sideways this week as a consolidation pattern appeared in the form of a symmetrical triangle. This triangle is best seen on the hourly charts and is highlighted by the white boundaries.The cryptocurrency dropped by a steep 15% in September from $12,000 to the current $10,260 level. The $10,000 level provided strong support throughout the week and allowed the bulls to start to edge higher again. However, it is still trapped within the confines of the symmetrical triangle, and a breakout of this would determine the next direction for the market.If the buyers can push above the upper boundary of the triangle, the first level of higher resistance lies at $10,500. Beyond this, resistance is located at $10,780, $10,900, and $11,000.On the other side, if the sellers break

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After 8% Daily Gains, Is Etheruem Ready To Reclaim $400? ETH Price Analysis

September 10, 2020

ETH bulls penetrated above a symmetrical triangle pattern, as the price rose from $350 to over $370 as of writing these lines.Against Bitcoin, ETH rebounded from the 0.0329 BTC support to resistance at 0.0361 BTC, which is the current daily high.ETH/USD – Ethereum Penetrated Above The Symmetrical TriangleKey Support Levels: $364, $350, $340.Key Resistance Levels: $380, $400, $410.After finding support at the $324 level over the past week, Ethereum was forced into a short period of consolidation as it moved sideways within a symmetrical triangle pattern. Yesterday, ETH managed to break above this formation as it broke out upside.The 4-hour chart below shows this break of the triangle pattern:ETH/USD 4HR Chart. Source: TradingViewToday, ETH surged by 7% (so far), which allowed it to climb

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