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Author: NewsBTC

Bitcoin Cash Price Technical Analysis – Can BCH/USD Hold Uptrend?

Key Points Bitcoin cash price is struggling to break the $1,280-90 resistance area against the US Dollar. There is a short-term connecting bullish trend line forming with support at $1,220 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair must stay above the $1,200 level to move further higher towards the $1,350 … Continue reading Bitcoin Cash Price Technical Analysis – Can BCH/USD Hold Uptrend?

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Bitcoin Price Technical Analysis for 02/28/2018 – Aiming Higher From Here

Bitcoin Price Key Highlights Bitcoin price looks ready to resume its climb as it forms a new uptrend channel on the 4-hour chart. Price is also forming an inverse head and shoulders on this same time frame. Applying the Fib extension tool on the latest pullback shows how high bitcoin price could go from here. … Continue reading Bitcoin Price Technical Analysis for 02/28/2018 – Aiming Higher From Here

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Ethereum Classic Price Technical Analysis – Can ETC/USD Break This?

Key Highlights Ethereum classic price remains in a positive zone above the $33.00 support against the US dollar. There is a crucial declining channel forming with resistance at $35.20 on the hourly chart of the ETC/USD pair (Data feed via SimpleFX). The pair must break the $35.00-35.20 resistance area to gain upside momentum. Ethereum classic … Continue reading Ethereum Classic Price Technical Analysis – Can ETC/USD Break This?

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Ripple Price Technical Analysis – XRP/USD Broke Key Resistance

Key Highlights Ripple price was able to move above the $0.8400 resistance against the US dollar. There was a break above a significant bearish trend line with resistance at $0.8450 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is now placed nicely above the $0.8600 support and the 100 … Continue reading Ripple Price Technical Analysis – XRP/USD Broke Key Resistance

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Altcoin Technical Analysis: NEO, EOS, LTC, IOTA and Lumens

Other than LTC/USD, NEO, EOS, Lumens and even IOTA are moving higher. Even though yesterday’s lower lows in LTC should be a wonderful buying opportunity for buyers, sellers should be cautious and place stops above yesterday’s highs at around $220. Other than that, EOS is on the upside and the bounce from previous resistance-now support … Continue reading Altcoin Technical Analysis: NEO, EOS, LTC, IOTA and Lumens

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Ethereum Price Technical Analysis – ETH/USD Gains Traction

Key Highlights ETH price was able to move higher and it recently traded above $845 against the US Dollar. There was a break above a major bearish trend line with resistance at $837 on the hourly chart (data feed via SimpleFX). The pair traded as high as $869 and it is currently correcting lower towards … Continue reading Ethereum Price Technical Analysis – ETH/USD Gains Traction

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Bitcoin Cash Price Technical Analysis – Can BCH/USD Retain Momentum?

Key Points Bitcoin cash price started a decent upside move and traded above the $1,200 resistance against the US Dollar. There was a partial break above yesterday’s highlighted bearish trend line with resistance at $1,220 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair is correcting lower, but it is above the … Continue reading Bitcoin Cash Price Technical Analysis – Can BCH/USD Retain Momentum?

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Bitcoin Price Technical Analysis for 02/27/2018 – Another Reversal Formation!

Bitcoin Price Key Highlights Bitcoin price could be in for a longer-term climb as it looks ready to form another inverse head and shoulders pattern. Recall that bitcoin price staged a decent rally after forming a smaller inverse head and shoulders on its 1-hour chart. Price has yet to test the neckline around $11,000 and … Continue reading Bitcoin Price Technical Analysis for 02/27/2018 – Another Reversal Formation!

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Criminal IPO of German Kaplun

The owners of the offshore structure, who bought shares of TMT Investment, which were released on the IPO, were former subordinates of the ex-head of RBC or his close relatives. Former founder of the information holding RBC German Kaplun organized the release of TMT Investments to IPO through his affiliated partner structures. It was they … Continue reading Criminal IPO of German Kaplun

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Cardano Price Technical Analysis – Can ADA/USD Regain Momentum?

Key Highlights ADA price started a minor upside move and traded above the $0.300i0 level against the US Dollar (tethered). There was a break above a major bearish trend line with resistance at $0.3130 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair traded as high as $0.3369 and it … Continue reading Cardano Price Technical Analysis – Can ADA/USD Regain Momentum?

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Ripple Price Technical Analysis – XRP/USD is Approaching Break

Key Highlights Ripple price is holding the $0.8200 support area and is currently approaching a break against the US dollar. There is a major contracting triangle forming with resistance at $0.8550 on the hourly chart of the XRP/USD pair (data source from SimpleFx). A break and close above $0.8500 and $0.8600 could open the doors … Continue reading Ripple Price Technical Analysis – XRP/USD is Approaching Break

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Altcoin Analysis: NEO, EOS, LTC, IOTA and Lumens

At the moment, I’m neutral on most altcoins. EOS and NEO would be my highlight this coming week and all we need from NEO is to cross above $130 or retrace and break below the support trend line. For EOS, sellers should test $5.8 on the downside but any form of bull pressure between $5.8 … Continue reading Altcoin Analysis: NEO, EOS, LTC, IOTA and Lumens

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