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Ripple Price Technical Analysis – XRP/USD Tumbles Further

Key Highlights Ripple price could not hold the $0.9000 support and moved below the $0.8400 level against the US dollar. There is a key bearish trend line forming with resistance at $0.8700 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is trading around the $0.8400 level and is currently […]

Ethereum Price Technical Analysis – ETH/USD Decline Looks Real

Key Highlights ETH price faced a lot of selling pressure recently and declined below $810 against the US Dollar. Yesterday’s highlighted major bearish trend line with current resistance at $820 is intact on the hourly chart of ETH/USD (data feed via SimpleFX). The pair may correct a few points in the short term, but it […]

Bitcoin Cash Price Technical Analysis – BCH/USD Breaks $1,200

Key Points Bitcoin cash price did not correct higher and declined below the $1,200 support against the US Dollar. There are two bearish trend lines forming with resistance at $1,250 and $1,280 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair may decline more in the near term and it could even […]

Ethereum Classic Price Technical Analysis – Can ETC/USD Reclaim $36?

Key Highlights Ethereum classic price declined sharply after trading above the $42.00 level against the US dollar. There is a major bearish trend line forming with resistance at $35.20 on the hourly chart of the ETC/USD pair (Data feed via SimpleFX). The pair is currently correcting higher, but it has to move above $36.00 to […]

Ripple Price Technical Analysis – XRP/USD is Facing Uphill Task

Key Highlights Ripple price declined below the $0.9500 support area yesterday against the US dollar. There are two important bearish trend lines forming with resistance at $0.9400 and $1.00 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is currently correcting higher, but it is likely to face a lot […]

Bitcoin Cash Price Technical Analysis – BCH/USD Correcting Higher

Key Points Bitcoin cash price declined further and traded towards the $1,250 support against the US Dollar. There is a new bearish trend line forming with resistance at $1,320 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair is currently correcting higher, but it could face sellers near the $1,320 and $1,350 […]

Ripple Price Technical Analysis – XRP/USD Declines Below $1.00

Key Highlights Ripple price struggled to gain momentum above $1.15 and declined sharply against the US dollar. There is a crucial bearish trend line forming with current resistance at $1.02 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is currently trading well below the $1.00 support and it remains […]

Ethereum Price Technical Analysis – ETH/USD Nosedives Below $900

Key Highlights ETH price failed to gain pace above $940 and declined sharply against the US Dollar. There was a break below a major bullish trend line with support at $925 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now trading below the $900 level and it seems like the […]

Ethereum Classic Price Technical Analysis – ETC/USD Surges above $40

Key Highlights Ethereum classic price surged higher this week and moved above the $40.00 resistance against the US dollar. There is a connecting bullish trend line forming with support at $40.10 on the hourly chart of the ETC/USD pair (Data feed via SimpleFX). The pair may decline a few points in the short term, but […]

Ripple Price Technical Analysis – Can XRP/USD Break 100 SMA?

Key Highlights Ripple price is struggling to move higher and is currently trading below $1.0850 against the US dollar. There is a major contracting triangle pattern forming with resistance at $1.0700 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair has to move above $1.0700 and the 100 hourly simple […]

Bitcoin Cash Price Technical Analysis – BCH/USD To Make Next Move

Key Points Bitcoin cash price is trading above the $1,500 support and is preparing for the next move against the US Dollar. There is a short-term contracting triangle forming with resistance at $1,540 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair is likely to break the triangle resistance at $1,540 and […]

Ripple Price Technical Analysis – Can XRP/USD Hold $1.00?

Key Highlights Ripple price after an upside move faced a strong resistance at $1.1500 against the US dollar. There was a break below a connecting bullish trend line with support at $1.0800 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is currently holding the $1.00 support, but it is […]

Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Short-term Support

Key Points Bitcoin cash price after a nice upside move found sellers near the $1,600 level against the US Dollar. There was a break below a short-term bullish trend line with support at $1,520 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair is currently holding the $1,400 support, but it may […]

Bitcoin Price Weekly Analysis – BTC/USD Eyeing Further Gains

Key Points Bitcoin price made a nice upside move and traded above $9,000 and $10,000 against the US Dollar. There is a major ascending channel forming with current support at $10,150 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX). The pair may continue to rise and the next major resistances are […]

Ethereum Price Weekly Analysis – ETH/USD Bullish above $880

Key Highlights ETH price succeeded in moving higher this past week to trade above $900 against the US Dollar. There is a key ascending channel forming with support at $880 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair may continue to rise as long as the mentioned $880 support is intact. […]