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Tag Archives: Breaks

Bitcoin Price Watch: BTC/USD Breaks Key Support

Key Points Bitcoin price failed to recover above the $6,750 and $6,800 resistance levels against the US Dollar. There is a key bearish trend line formed with resistance at $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair traded below the $6,500 support, which is a bearish sign in the near term. Bitcoin price ...

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Bitcoin (BTC) Price Watch: Next Targets if $6,500 Breaks

Bitcoin Price Key Highlights Bitcoin is down to a major support zone visible on the long-term chart and a breakdown could lead to a test of $4,000. If bears still take price below the next long-term bottom, a move towards $2,000 could come next. On the other hand, a bounce off this strong floor could allow more buyers to sustain ...

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Ethereum Price Analysis: ETH/USD Breaks $500

Key Highlights ETH price declined further and failed to hold the $500.00 handle against the US Dollar. This week’s followed important bearish trend line acted as a barrier near $540 on the hourly chart of ETH/USD (data feed via Kraken). The pair declined below the $500 handle and it may accelerate declines in the near term. Ethereum price is struggling ...

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Bitcoin Cash Price Watch | BCH/USD Breaks Below Support, Drops To $1,110

Key Highlights: On Wednesday, Bitcoin Cash broke below yesterday’s support of $1,125, now approaching the $1,110 territory. Earlier in the day, BCH/USD reached a high of $1,160 before a major cryptocurrency selloff occurred. BCH/USD managed to recover from the latest selloff, now forming a bullish trend line after holding support at $1,090. Bitcoin Cash Fails to Hold Support On Wednesday ...

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Ethereum Price Watch | ETH/USD Breaks Past $550, Moving Higher

Key Highlights: Ethereum price broke past the $550 level earlier this morning, now trading at around $575. A major resistance level was established at $580 following this morning’s bullish run. ETH/USD is now moving higher to test the resistance once again. ETH/USD Moves Higher, Tests Major Resistance On Thursday morning, Ethereum price moved past the $550 level, trading between $565 ...

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Ethereum Price Watch | ETH/USD Breaks Above $550, Holds Support

Key Highlights: Ethereum price has bounced back above $550, holding down a key support at that price level. Earlier in the day, ETH/USD formed two bullish trend lines, the latter of which tested a resistance level at $575. ETH/USD had a reversal from its latest bearish run at the $550 support. Ethereum Holds Support At $550 On Tuesday morning, Ethereum ...

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Bitcoin Cash Price Watch | BCH/USD Breaks Down Past $1,000 Support

Key Highlights: After a recent move above $1,000, Bitcoin Cash once again declined past that critical price point, now trading near $925. BCH/USD is on another bearish trend line with a resistance point at $950. The latest downard move could test a major support level at $915. BCH/USD Breaks Down Below $1,000, Testing New Support On Monday morning, Bitcoin Cash ...

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