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Tag Archives: Analysis

Bitcoin Price Weekly Analysis: BTC/USD’s Triangle Break Near

Key Points Bitcoin price formed a decent support near $6,050 and recovered against the US Dollar. There is a key triangle forming with resistance near $6,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is facing many hurdles on the upside near the $6,300 and $6,450 levels. Bitcoin price is preparing for the next ...

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Ethereum Price Weekly Analysis: What’s Next for ETH/USD?

Key Highlights ETH price remains in a bearish trend below the $450 resistance area against the US Dollar. There is a declining channel formed with current resistance at $439 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is facing many resistances on the upside such as $439, $455 and the 100 SMA. Ethereum price is struggling ...

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Bitcoin Cash Price Weekly Analysis: Can BCH/USD Break This?

Key Points Bitcoin cash price tested the $650-660 support area and recovered against the US Dollar. There is a crucial bearish trend line in place with resistance at $710 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair has to move above the trend line, $710 and $730 resistances to gain upside momentum. Bitcoin cash ...

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Cardano (ADA) Technical Analysis

ADA is the top performer in the last 24 hours adding an impressive six percent. That injection of momentum at key support means there is a revival happening and traders can take advantage of this surge. CoinBase is huge for ADA because any addition means exposure to 13 million US customers keen on adding ADA to their portfolios if not ...

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EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis

Of all coins, Stellar Lumens performance stands out. It is one of the top performers in the market gaining eight percent in the last day. IOTA is also following suit. While IOTA prices are well balanced and trading above 90 cents-our sell trigger line, any up thrust above $1.1 and $1.3 would be morale boosting for buyers. Let’s have a ...

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 13

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Recommending investors to sell their Bitcoin in December of last year was against ...

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Cardano Price Analysis: ADA/USD Approaching Resistance

Key Highlights ADA price declined towards the $0.1220 level before starting an upside correction against the US Dollar (tethered). There is a crucial bearish trend line formed with resistance at $0.1340 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is recovering and it seems like it is approaching towards the $0.1320 and $0.1340 resistances. ...

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Bitcoin Cash Price Analysis: Can BCH/USD Break 100 SMA?

Key Points Bitcoin cash price declined further, but it found support near the $660 level against the US Dollar. This week’s highlighted key bearish trend line is still in place with current resistance near $718 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must break the trend line, $720, and the 100 hourly simple ...

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Ripple Price Analysis: XRP/USD Recovers Sharply

Key Highlights Ripple price traded to a new weekly low below $0.4250 before recovering against the US dollar. There is a new major bearish trend line in place with resistance near $0.4450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is recovering nicely, but it has to break the $0.4450 and $0.4500 resistances to ...

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Ethereum Price Analysis: Can ETH/USD Make It?

Key Highlights ETH price declined further and traded as low as $417.37 against the US Dollar. This week’s highlighted key bearish trend line is still active with resistance at $438 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to move above the trend line and $440 resistance to recover further in the near term. Ethereum ...

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