Category: Trading

Ethereum Classic Price Technical Analysis – ETC/USD to Gain Momentum? No Comments

Key Highlights Ethereum classic price is slowly moving higher and is currently trading above $16.00 against the US Dollar. There was a break above a major bearish trend line with resistance at $16.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair might continue to move higher if there is a clear break of the $17.50 resistance. Ethereum classic price is gaini...


Ripple Price Technical Analysis – XRP/USD Surges Higher No Comments

Key Highlights Ripple price gained heavy bids and moved above $0.2500 against the US Dollar before correcting lower. There is a bearish trend line forming with resistance at $0.2350 on the hourly chart of the XRP/USD pair (data source from Kraken). The price might continue to move higher and it remains supported above the $0.2100 level. Ripple price gained heavy bullish momentum agai...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Corrects Lower No Comments

Key Highlights ETH price started a minor correction from the $337.65 swing high against the US Dollar. There was a break below yesterday’s highlighted major bullish trend line with support at $326.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The price tested the $318 support area where appeared and protected further declines. Ethereum price moved a few points down ag...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Down No Comments

Key Points Bitcoin cash price broke down and traded below the $1000 handle against the US Dollar. This week’s highlighted bearish trend line with current resistance at $1050 is in place on the hourly chart of BCH/USD (data feed from Kraken). The price is currently recovering but it will most likely face sellers near $1050 and $1100. Bitcoin cash price traded lower sharply below $10...


Bitcoin Gold Price Technical Analysis BTG USD

Bitcoin Gold Price Technical Analysis – BTG/USD in Downtrend No Comments

Key Points Bitcoin gold price is struggling to gain traction and remains below $200 against the US Dollar. This is a declining channel forming with resistance at $220 on the hourly chart of BTG/USD (data feed on Bitfinex). The price is likely to remain in a downtrend and it could even retest the $150 support area. Bitcoin gold price is struggling a lot below $220 against the US Dolla...


Ripple Price Technical Analysis – XRP/USD Moving Higher No Comments

Key Highlights Ripple price is slowly moving higher and is currently well above the 0.2040 support against the US Dollar. Yesterday’s highlighted contracting triangle with current support at $0.2060 is still in place on the hourly chart of the XRP/USD pair (data source from Kraken). The price might soon break the resistance at $0.2120 for more gains in the near term. Ripple price i...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Testing Key Support No Comments

Key Highlights ETH price is correcting lower and is currently trading near a major support at $326 against the US Dollar. Yesterday’s highlighted major bullish trend line with current support at $326 is intact on the hourly chart of ETH/USD (data feed via SimpleFX). The price should hold the trend line support near $326 to remain in the bullish zone. Ethereum price is correcting lo...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Grinding Lower No Comments

Key Points Bitcoin cash price is slowly moving lower and is currently trading below $1300 against the US Dollar. There is a new connecting bearish trend line forming with resistance at $1200 on the hourly chart of BCH/USD (data feed from Kraken). The price has to overcome sell offers near $1200 and $1300 to make an upside move. Bitcoin cash price is slowly moving down toward $1100 ag...


Square Cash App Launches Bitcoin Trading Functions No Comments

Some users of the Square Cash app were surprised this morning to discover that they could now buy and sell Bitcoin using the platform. For those unfamiliar with it, the app can be used to send payments between friends and family. They offer free, instant transactions in dollars, and now, the ability to buy and sell Bitcoin too. Interestingly for a company who specialise in sending and receiving...


Ethereum Classic Price Technical Analysis ETC USD

Ethereum Classic Price Technical Analysis – ETC/USD to Break Higher? No Comments

Key Highlights Ethereum classic price started an upside move from the $14.50 swing low against the US Dollar. There is a major contracting triangle pattern forming with resistance at $18.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair might break the $18.00 resistance and attempt further gains in the near term. Ethereum classic price is slowly gaining pace...


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