Bitcoin price declined more than 5% and broke many supports near $18,500 against the US Dollar. BTC could correct higher, but upsides might face hurdles near $18,600. Bitcoin started a fresh decline after it failed to stay above the $19,000 support. The price traded close to the $18,000 support and settled below the 100 hourly […]
Tag: Upsides
Bitcoin Climbs 5%, Why $18.2K Holds The Key For More Upsides
Bitcoin price started a fresh increase from the $16,200 support zone against the US Dollar. BTC is up 5% and it is trading above $17,500, but facing a major resistance at $18k and $18.2k. Bitcoin started a fresh upward move above the $17,000 and $17,200 levels. The price is now trading nicely above the $17,500 […]
TA: Ethereum Steadies Above $500: Why 100 SMA Could Prevent Upsides
Ethereum declined below $500 before the bulls appeared near $480 against the US Dollar. ETH price is correcting higher, but it is likely to face a strong resistance near $550 and the 100 hourly SMA. Ethereum started an upside correction after forming a strong support at $480. The price is facing a strong resistance near […]