BitcoinBitcoin saw a 5% price rise this week as it reached the $11,750 level. The cryptocurrency started the week at the $11,400 level as it pushed higher into $12,095 on August 2nd. From there, Bitcoin experienced some major volatility as it dropped by $1,400 in just a few minutes to fall into the $10,575 (.5 Fib Retracement) level.Bitcoin rebounded from there and started to grind higher again over the week as it reached the $11,750 level today.Looking ahead, if the buyers push higher, the...
Read More »Ethereum Eyes $400 and a New 2020 High: ETH Price Analysis
Ethereum saw a 23.4% price surge over the past week as it closes in on the $400 level.This has allowed ETH to create a fresh 2-year high, not seen since August 2018.Against Bitcoin, Ethereum is of testing the 0.035 BTC resistance.ETH/USD – Bullish Close Above $400 ImminentKey Support Levels: $370, $350, $321.Key Resistance Levels: $400, $408, $425.Ethereum has performed remarkably well since breaking $250 and exiting the previous consolidation in July. After breaking above, the coin went on...
Read More »ETH Price Recovers to $380 Following Hectic Day But What’s Next? (Ethereum Price Analysis)
Ethereum had a crazy day of trading today as the price fluctuated massively.The cryptocurrency has rallied all month long after increasing by 62% to create a fresh 2-year high.Against Bitcoin, Ethereum also increased to 14-month highs as it reached 0.034 BTC.ETH/USD: Massive VolatilityKey Support Levels: $343, $321, $300.Key Resistance Levels: $400, $410, $420.The Ethereum price surge in July has been nothing short of spectacular as it managed to rise by 62% to create a fresh 2-year high at...
Read More »Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain
BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance...
Read More »ETH Struggles To Break $323, Bearish Reversal Incoming? Ethereum Price Analysis
Ethereum saw a small 1% price fall today as it drops to $318.This comes after four days of ETH trying to break resistance at $323.Against Bitcoin, Ethereum fell from 0.0317 BTC as it reached the support at 0.0284 BTCETH/USD: Bulls Challenged By $323 ResistanceKey Support Levels: $306, $300, $287.Key Resistance Levels: $323, $333, $342.Ethereum has surged immensely since breaking above the previous phase of consolidation at $250 and pushing above $300 to reach as high as $333. However, ETH...
Read More »Ethereum Price Analysis: ETH Stalls Below $320 Following Bitcoin’s Recent Gains
Ethereum saw a small price drop today as the coin falls to $316. This comes after ETH managed to increase by a total of around 30% this week. Against Bitcoin, Ethereum reached as high as 0.0317 BTC but has since dropped to 0.0288 BTC. ETH/USD: Bullish Push Stalls At $323 Key Support Levels: $306, $300, $288Key Resistance Levels: $323, $333, $342. Ethereum went on a rampage over the past week after breaking the previous consolidation phase at $250. The coin continued higher as it broke above...
Read More »Ethereum Price Analysis: $300 Broken, What’s The Next Target For ETH?
Ethereum saw a massive price increase over the past 24 hours, which allowed it to push above the $300 level.The cryptocurrency continued to drive upward from $300 today as it reached as high as $320 before dropping.Against Bitcoin, Ethereum created a fresh 2020 high as it reached 0.0317 BTC.ETH/USD: Break Above $300 Sets Fresh 2020 Highs For ETHKey Support Levels: $300, $297, $287.Key Resistance Levels: $320, $333, $342.Ethereum saw an impressive 31% price surge over the past week of trading....
Read More »Crypto Price Analysis & Overview July 24th: Bitcoin, Ethereum, Ripple, DigiByte, and Augur
BitcoinBitcoin saw a strong 4% price rise this week, which saw it hit the $9,500 level. The cryptocurrency started the week by trading at the lower boundary of a symmetrical triangle near the $9,000 support region. From there, it rebounded higher, which allowed Bitcoin to break above the triangle and exit the previous phase of consolidation.This positive breakout now puts Bitcoin on the bullish trajectory as it sets its sights towards the $10,000 level again.Looking ahead, the first two...
Read More »Ethereum Price Analysis: ETH Skyrockets 13%, Is $300 Coming?
Ethereum saw an impressive 13% price surge today as the coin reached as high as $276.This allowed ETH to break out of the previous phase of consolidation and turn bullish.Against Bitcoin, Ethereum is attempting to create a fresh high-day closing candle for 2020.ETH/USD: Bullish Breakout Could Start Surge Toward $300Key Support Levels: $265, $250, $245Key Resistance Levels: $275, $287, $294Ethereum had found strong support at a rising trend line, which also acted as the lower boundary of a...
Read More »Ethereum Price Analysis: After BTC Woke Up, Can ETH Finally Reclaim $250?
Ethereum saw a small increase today as it attempts to break the resistance at $245.Against Bitcoin, Ethereum retested the 0.0263 BTC level.ETH/USD: Bulls Looking To Break Above Ascending Triangle.Key Support Leves: $225, $215, $210.Key Resistance Levels: $245, $250, $265.Ethereum was trading at the lower boundary of an ascending triangle pattern earlier in the weekend. From there, it rebounded and pushed higher to reach the current resistance at $245 (bearish .786 Fib Retracement).ETH has...
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