BitcoinBitcoin saw a further 10% price surge over the past week as the number 1 ranked cryptocurrency breaks above the $9,000 level. It had found major support at $8,255 (short term .382 Fib Retracement), which allowed it to rebound and climb. Bitcoin went on to rise into resistance provided by the November high at $9,430 before stalling. If the buyers continue to drive Bitcoin higher, the first level of resistance is located at $9,476 (1.618 Fib Extension). Above this, resistance lies at...
Read More »Can Ethereum Follow Bitcoin’s Latest Bull Run And Finally Target $200? ETH Price Analysis & Overview
Ethereum saw another 4% price increase over the past 24 hours of trading, which caused it to climb back into the resistance at the 200-days EMA.Against BTC, ETH dropped beneath the short term ascending triangle but found support at the .382 Fib Retracement.Ethereum is still struggling to break the 200-days EMA resistance, which is bolstered by a bearish Fib Retracement. Once it breaks this, it could be heading toward $185.Key Support & Resistance LevelsETH/USDSupport: $165, $158, $145,...
Read More »Ethereum Price Analysis: ETH Looks Primed To Test 200EMA Resistance At $173
Ethereum went through a 3% price increase over the past 24 hours after rebounding from support at the 100-days EMA.Against BTC, ETH has turned away from the resistance at the 100-days EMA and looks to trend lower with a bearish crossover signal on the Stochastic RSI.Ethereum has survived from dropping beneath the $158 level as it looks to re-test the 200-days EMA at $173.Key Support & Resistance LevelsETH/USDSupport: $165, $158, $145, $133.50.Resistance: $174, $181, $186,...
Read More »Ethereum Price Analysis: ETH Testing Critical Support Below $160, Will It Hold?
Ethereum saw a decline of about 7%, bringing the price for the coin beneath $160.Against BTC, ETH dropped lower but managed to find support at 0.018 BTC to rebound back above 0.019 BTC.Ethereum is now testing support at $159 and will likely head toward $146 if it collapses beneath.Key Support & Resistance LevelsETH/USDSupport: $158, $152, $145, $133.50.Resistance: $172, $175, $180, $186, $194.ETH/BTC:Support: 0.0188 BTC, 0.0185 BTC, 0.0181 BTC, 0.0171 BTC.Resistance: 0.0195 BTC, 0.020...
Read More »Crypto Price Analysis & Overview January 24th: Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Dash
BitcoinBitcoin has dropped by a small 5% over the past week as it hovers around the $8,400 level. It found strong resistance at the $8,963 level (bearish .786 Fib Retracement) and was unable to overcome it. The latest retracement was expected, considering that Bitcoin managed to surge by over 30% in January to reach a high of around $9,150. It found support at the 200-days EMA at around $8,200 in today’s trading session, which allowed it to bounce back above $8,400. Unfortunately, the RSI has...
Read More »Ethereum Price Analysis: ETH Records Weekly Low Following The Negative Market Sentiment
Ethereum witnessed a small 3% price drop today, causing the price for the coin to fall beneath $165.Against BTC, ETH failed to make any ground above the 100-days EMA and has since fallen back beneath.Despite the recent price drop, bulls may be hanging in there until the price falls to $158. Key Support & Resistance LevelsETH/USDSupport: $158, $152, $145, $133.50.Resistance: $172, $175, $180, $186, $194.ETH/BTC:Support: 0.019 BTC, 0.0188 BTC, 0.0185 BTC, 0.0171 BTC.Resistance: 0.0195...
Read More »Ethereum Price Analysis: ETH Loses Critical Support At $170, What’s Next?
Sudden bearish action is causing FUD in the market If ETH reclaims $180, buyers are likely to gain more control. The bullish trend is on hold for now amidst major correction.ETH/USD: Sudden Correction Still Causing Panic For BuyersKey Support Levels: $159, $147, $136Key Resistance Levels: $177, $188, $200Against USD, Ethereum’s price saw massive growth over the last couple of weeks. At the time of writing, ETH is priced at around $168, with approximately 2.68% gains over the last...
Read More »Ethereum Price Analysis: ETH Breaks Above The Crucial MA-200, Soon To Reach $200?
Ethereum saw an incredible 21% price surge this week, bringing the price for the coin up toward $175.Against BTC, ETH climbed further higher to meet resistance at the 100-days EMA.Ethereum has now turned bullish after breaking above the December 2019 high at $152.Key Support & Resistance LevelsETH/USDSupport: $165, $155, $145, $133.50.Resistance: $175, $180, $186, $194.ETH/BTC:Support: 0.019 BTC, 0.0185 BTC, 0.0171 BTC.Resistance: 0.0196 BTC, 0.020 BTC, 0.0204 BTC.ETH/USD: ETH Shoots...
Read More »Crypto Price Analysis & Overview January 17th: Bitcoin, Ethereum, Ripple, Tezos, and Ethereum Classic.
Bitcoin saw a serious 12% price increase this week, allowing the cryptocurrency to rises toward the $8,800 level. BTC actually managed to rise into the $9,000 resistance level today but has since rolled over and fallen slightly. The latest price increase saw Bitcoin rising well above the 200-days EMA as it approached resistance at $8,960 (provided by a bearish .786 Fibonacci Retracement level). This price surge puts Bitcoin on a strong bullish footing as the cryptocurrency gears itself to...
Read More »ETH Struggles At $147 But Bears Might Be Plotting A Comeback: Ethereum Price Analysis
Ethereum is moving sideways at the $143 level as it attempts to overcome resistance at $147.Against BTC, ETH is struggling to overcome resistance at 0.0179 BTC but remains supported at 0.0175 BTC.Ethereum still remains within a neutral condition until the bulls can bring the market above the December highs at $152.Key Support & Resistance LevelsETH/USDSupport: $133.50, $128, $120.Resistance: $145, $152, $158.ETH/BTC:Support: 0.0171 BTC, 0.0169 BTC, 0.0164 BTC.Resistance: 0.0175 BTC,...
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