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Bitcoin Cash Price Technical Analysis – BCH/USD Approaching Key Support

Key Points Bitcoin cash price started a downside correction after trading toward $2800 against the US Dollar. There is a key bullish trend line forming with support at $2450 on the hourly chart of BCH/USD (data feed from Kraken). The 100 hourly simple moving average is also around $2450 to act as a support. Bitcoin … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Approaching Key Support

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Bitcoin Price Technical Analysis for 01/04/2018 – Upside Triangle Break

Bitcoin Price Key Highlights Bitcoin price has recently broken above the top of its descending triangle pattern on the 4-hour time frame. Price has also completed a quick pullback to the broken triangle resistance and is starting to break past the latest highs. A bit of a bullish flag can be seen and this is … Continue reading Bitcoin Price Technical Analysis for 01/04/2018 – Upside Triangle Break

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DASH and Litecoin Analysis January 4, 2018

DASH/USD DASH has been slightly negative during the trading session on Wednesday, but at this point I think we are testing the top of a downtrend in channel. If we can break above the top of the channel, and more importantly the $1200 level, then the market will go much higher. I think eventually we … Continue reading DASH and Litecoin Analysis January 4, 2018

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Ethereum Analysis January 4, 2018

ETH/USD Ethereum was a bit choppy during the trading session on Wednesday, as we approach the $900 region. There is plenty of support below to keep the market higher though, so on dips I believe that Ethereum offers value, and that we will continue to see a “buy on the dips” mentality. Longer-term, the target … Continue reading Ethereum Analysis January 4, 2018

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Bitcoin Analysis January 4, 2018

BTC/USD   Bitcoin rallied a bit during the trading session on Wednesday, but remains within a serious consolidation area. The $16,000 level above is resistance and the top of the range, so I think that if we were to break above there, the market would probably go looking towards the $18,000 handle. Otherwise, expect a … Continue reading Bitcoin Analysis January 4, 2018

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Bitcoin Price Finally Recovers to $15,000, Factors For Another Surge in 2018

Subsequent to a major correction that occurred on December 17, the bitcoin price has struggled to recover to $15,000, remaining stable in the $13,000 region. Analysts Optimistic From December 22 to January 2, with the exception of December 27, the price of bitcoin has remained below $14,000 for nearly two weeks, sparking concerns from long-time … Continue reading Bitcoin Price Finally Recovers to $15,000, Factors For Another Surge in 2018

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Ethereum Classic Price Technical Analysis – ETC/USD Eyes More Upsides

Key Highlights Ethereum classic price is moving nicely above the $30-31 support area against the US Dollar. There are two bullish trend lines forming with support at $31.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair might continue to rise toward the $35.00 level as long as it is … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Eyes More Upsides

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Ripple Price Technical Analysis – XRP/USD To Break $2.40?

Key Highlights Ripple price is moving higher once again and is currently above the $2.00 handle against the US Dollar. There is a crucial bullish trend line forming with support at $2.1000 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move higher and it could even … Continue reading Ripple Price Technical Analysis – XRP/USD To Break $2.40?

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Ethereum Price Technical Analysis – ETH/USD Bullish Above $840

Key Highlights ETH price was able to move higher recently and it traded above the $850 resistance against the US Dollar. There are two key bullish trend lines forming with support at $840 and $790 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently correcting lower, but it remains supported … Continue reading Ethereum Price Technical Analysis – ETH/USD Bullish Above $840

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Bitcoin Cash Price Technical Analysis – BCH/USD Moves Past $2500

Key Points Bitcoin cash price succeeded in moving above a major resistance at $2500 against the US Dollar. There was a break above a key contracting triangle with resistance at $2500 on the hourly chart of BCH/USD (data feed from Kraken). The pair is currently correcting lower and is testing the same broken resistance at … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Moves Past $2500

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Bitcoin Price Technical Analysis for 01/03/2018 – Small Uptrend in Play

 Bitcoin Price Key Highlights Bitcoin price has formed lower highs and found support around $13,000, creating a descending triangle pattern. Price is currently testing the triangle resistance and might be ready for an upside breakout. Technical indicators, however, are signaling that the resistance levels might hold. Bitcoin price is testing the descending triangle resistance on … Continue reading Bitcoin Price Technical Analysis for 01/03/2018 – Small Uptrend in Play

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