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Tag Archives: RESISTANCE

Ethereum Price Analysis: ETH/USD’s Support Turned Resistance

Key Highlights ETH price failed to recover further and declined below the $690 support against the US Dollar. There was a break below an ascending channel with support at $690 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded as low as $656 and it is currently correcting losses towards $680. Ethereum price is under pressure ...

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Zcash Foundation to Make ASIC Resistance ‘Immediate Technical Priority’

Join our community of 10 000 traders on Hacked.com for just $39 per month. The Zcash Foundation has announced that it will make maintaining ASIC resistance an “immediate technical priority” in response to Chinese mining hardware manufacturer Bitmain’s claim that is has developed an application-specific integrated circuit (ASIC) miner that is compatible with the Equihash mining algorithm. In a statement ...

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Ripple Price Technical Analysis – XRP/USD Testing Key Resistance

Key Highlights Ripple price recovered nicely and moved above the $0.8100 resistance against the US dollar. There was a break above a key bearish trend line with resistance at $0.8200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently struggling to break the $0.8450 resistance and the 100 hourly simple moving average. Ripple ...

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Bitcoin Price | Faces Resistance to Breach $10K Despite Bullish Trend

Bitcoin price today: Bitcoin price (BTC) is moving in the tight range of $9,000 over the last couple of days albeit strengthening trader’s sentiments. The largest coin has hit $9,700 level on Wednesday before falling back to $8,800 in the next couple of hours. Bulls are facing stiff resistance from bears in breaching the psychological $10K mark –which will set ...

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