Tag: virtual currency

Bitcoin Cash Price Weekly Analysis BCH USD

Bitcoin Cash Price Weekly Analysis – BCH/USD Upsides Remain Capped No Comments

Key Points Bitcoin cash price recovered well from the $835 swing low against the US Dollar to trade above $1000. There is a major descending channel forming with resistance at $1225 on the 4-hours chart of BCH/USD (data feed from Kraken). Upsides remain capped as long as the pair is below the $1250 resistance zone in the near term. Bitcoin cash price is struggling to break $1250 agai...


Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Eyes New High No Comments

Key Points Bitcoin price is in super bullish trend and it recently traded above $7950 against the US Dollar. There is a connecting resistance trend line forming with current barrier near $8050 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now well supported above the $7500 level and eyes a new high above $8000. Bitcoin price is gaining pace above $7500 agains...


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...


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...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Facing Crucial Resistance No Comments

Key Points Bitcoin cash price attempted an upside move above $1400 against the US Dollar but failed to gain momentum. This week’s highlighted major bearish trend line with resistance at $1300 is intact on the hourly chart of BCH/USD (data feed from Kraken). The price has to move above $1300 and $1400 to gain upside momentum in the near term. Bitcoin cash price is struggling to gain...


Bitcoin Gold Price Technical Analysis – BTG/USD Struggles To Recover No Comments

Key Points Bitcoin gold price failed to move above the $280 level and extended declines against the US Dollar. Yesterday’s highlighted connecting bearish trend line with current resistance at $225 is intact on the hourly chart of BTG/USD (data feed from Bitfinex). The price is struggling to gain traction and might test the $180 support area in the near term. Bitcoin gold price fail...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Turned Bearish? No Comments

Key Points Bitcoin cash price is declining and is currently trading below $1500 against the US Dollar. There is a major bearish trend line forming with resistance at $1400 on the hourly chart of BCH/USD (data feed from Kraken). The price remains in the bearish zone as long as there is no break of the $1500 resistance. Bitcoin cash price is now trading below $1500 against the US Dolla...


Bitcoin Gold Price Technical Analysis – Can BTG/USD Resume Uptrend? No Comments

Key Points Bitcoin gold price after trading above $450 against the US Dollar corrected lower. There is a connecting bearish trend line forming with resistance at $300 on the hourly chart of BTG/USD (data feed from Bitfinex). The price is correcting higher from $180, but it is facing a major hurdle on the upside. Bitcoin gold price declined sharply from $480 against the US Dollar. BTG...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Corrects Sharply From $2600 No Comments

Key Points Bitcoin cash price surged above the $2000 level against the US Dollar before starting a sharp downside correction. There is a monster bullish trend line forming with current support at $1300 on the hourly chart of BCH/USD (data feed from Kraken). The price is now consolidating in a range above the $1300 level and with resistance at $1750. Bitcoin cash price rocketed as hig...


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