Bitcoin Bitcoin saw an impressive 20% price hike this week as it reached the $40K resistance level. The cryptocurrency penetrated above a descending wedge formation last Thursday and continued above the 20-day MA level last Friday. Since breaking the wedge, BTC surged higher inside an ascending price channel as it broke the 50-day MA level...Read More
ETH/USD – Ether Forms Short Term Rising Wedge Key Support Levels: $2200, $2100, $2035 – $2000.Key Resistance Levels: $2340, $2400, $2440. Ethereum has seen a promising start to July as it breaks above the 20-day MA and heads above $2200. The cryptocurrency now faces resistance at $2340, provided by a .236 Fib Retracement, and is...Read More
ETH/USD – New 16-Day High. Key Support Levels: $2300, $2250, $2130. Key Resistance Levels: $2350, $2440, $2540, $2640. Ethereum rebounded from support at $1700 (mid-March support) at the beginning of last week and surged into resistance at $2300 (bearish .5 Fib) on the first day of July. However, the second-largest crypto quickly got rejected and...Read More
This week was a complete rollercoaster in the cryptocurrency market. Unfortunately, things failed to turn out for the better and the majority is trading in the red. Bitcoin Bitcoin is down a steep 11.7% this week as it currently trades beneath $34,000. The cryptocurrency started the week by dropping into support at $31,185 (downside 1.618...Read More
ETH/USD – Ether Rebounds From 200-day MA Support Key Support Levels: $1888, $1710, $1625.Key Resistance Levels: $2160, $2300, $2400. Ethereum dropped beneath its consolidation pattern toward the end of last week and fell into the support around $2150 over the weekend. Unfortunately, on Monday, ETH slipped beneath $2200 and continued lower until finding support at...Read More
ETH/USD – Ethereum Rejected By Rising Price Channel Upper Boundary Key Support Levels: $465, $447, $439.Key Resistance Levels: $490, $500, $511 On Monday, Ethereum found support at the $447 level, which allowed the coin to rebound higher. From there, it pushed higher to break $475 (September high-day close) and reach the resistance at the upper...Read More
ETH/USD – Ethereum Stalled By September High-Day Closing Price Key Support Levels: $445, $439, $430.Key Resistance Levels: $462.50, $475, $490. Etheruem reached as high as $475 last Friday, where it hit the resistance at the September high-day close. From there, it headed lower over the weekend, which was largely due to Bitcoin dropping back beneath...Read More
ETH/USD – Ethereum Stalled By September High-Day Closing Price Key Support Levels: $445, $439, $430.Key Resistance Levels: $475, $490, $500. Ethereum managed to surge higher from the resistance at $462.50 (bearish .886 Fib) yesterday as it pushed into the $475 resistance provided by the September High-Day closing price. Unfortunately, the coin was unable to continue...Read More
Bitcoin Bitcoin saw another 4% price hike this week, which had it breaking above the $16,000 level to reach as high as $16,491 today. The coin has since dropped slightly to trade at $16,135 at the time of writing. Last week, the coin had surged into the $16,000 level, which caused it to roll over...Read More
ETH/USD – Ethereum Stalls At Price Channel Upper Border Key Support Levels: $456, $438, $430.Key Resistance Levels: $475, $490, $500. Yesterday, Ethereum managed to create a fresh high for November (and a new 2-month high) as it spiked into the $475 resistance (September high-day closing price). Before this, it was struggling to close above $456...Read More
ETH/USD – Ethereum Struggles To Break Above $456 Resistance Key Support Levels: $438, $430, $421.Key Resistance Levels: $456, $462.50, $475 Last Friday, Ethereum surged to $456 where it met the resistance at the upper boundary of a rising price channel. It failed to close a daily candle above this level as it moved sideways between...Read More
ETH/USD – Ethereum Forms Rising Price Channel Key Support Levels:$438, $430, $421.Key Resistance Levels: $445, $462, $475. Last week, Ethereum surged from a low of $380 to break above $400 and reach as high as $470 yesterday. Unfortunately, the buyers met resistance at the upper boundary of a rising price channel that spans over the...Read More
Bitcoin Bitcoin saw an extraordinary 15.3% price surge this week which allowed the cryptocurrency to scratch the $16,000 level today. It has since dropped slightly to $15,500 but is still very much bullish. BTC started the week at $13,200. From there it headed higher into the $13,800 resistance but stalled at the weekend. As the...Read More
ETH/USD – Ethereum Rebounds At Trend Line Support Key Support Levels:$438, $430, $421.Key Resistance Levels: $445, $462, $475. Ethereum saw a strong 9.4% price surge today, which allowed the coin to break past resistance at $416 (bearish .618 Fib) and climb above $430 to reach the current $441 price. The coin is now testing resistance...Read More
ETH/USD – Ethereum Rebounds At Trend Line Support Key Support Levels: $390, $377, $364.Key Resistance Levels: $410, $416, $421. Ethereum struggled to break the resistance at $416 (bearish .618 Fib) earlier in October which saw the coin heading lower over the past week. ETH found support at the $380 level as it bounced off of...Read More
ETH/USD – Ethereum Resting At Trend Line Support Key Support Levels: $377, $364, $360.Key Resistance Levels: $390, $400, $410. Ethereum struggled to break the resistance at $416 (bearish .618 Fib) earlier in October which saw the coin heading lower this the past week. During the weekend, Ethereum managed to rebound from $380 and push as...Read More
Bitcoin The Bitcoin price surge continued this week and it managed to increase by 4.5% to reach $13,60 at the time of this writing. The coin was trading slightly above $13,000 last Friday and moved sideways along this level over the weekend. On Tuesday, Bitcoin started to surge higher as broke resistance at $13,415, climbed...Read More
ETH/USD – Bulls Defending .382 Fib Retracement Key Support Levels: $377, $370, $364.Key Resistance Levels: $400, $410, $416. Toward the end of last week, Ethereum surged higher from $370 as it climbed above the $400 level and managed to reach as high as $421 (1.414 Fib Extension). More specifically, it was unable to close a...Read More
ETH/USD – Bulls Retest Bearish .618 Fib Resistance Key Support Levels: $410, $400, $387.Key Resistance Levels: $416, $421, $439. Ethereum saw a strong 13% price surge this past week as it reached as high as $421 (1.414 Fib Extension). More specifically, the buyers could not close a daily candle above the resistance at the bearish...Read More
Bitcoin Bitcoin saw a very strong 13% price increase over the past seven days which allowed it to break above the $13,000 handle. At the start of October, Bitcoin managed to penetrate above a symmetrical triangle pattern which was the first sign that a bull run was about to form. After the breakout, it managed...Read More
ETH/USD – Bulls Rebound From 2019 Highs. Key Support Levels: $364, $355, $345.Key Resistance Levels: $396, $400, $410. Over the past week, Ethereum was struggling to break above a very short-term falling trend line. The coin dropped into the support at the 2019 Highs around $364 yesterday which allowed it to rebound higher today. After...Read More
ETH/USD – Bulls Defend Support at 2019 Highs Key Support Levels: $364, $355, $346.Key Resistance Levels: $380, $396, $400. Last week, Etheruem had surged as high as $396 as it hit the resistance provided by a bearish .5 Fib Retracement level. Over the week, Ethereum started to head lower from here as it broke beneath...Read More
Bitcoin Bitcoin saw a 4.3% price surge over the past seven days. The cryptocurrency was trading slightly above $11,000 last Friday as it started to push higher. Throughout the week, it managed to spike as high as $11,730 (1.414 Fib extension) but was never able to close a daily candle above resistance at $11,537 (provided...Read More
ETH/USD – Bulls Spike Into Bearish .5 Fib Retracement. Key Support Levels: $376, $364, $356.Key Resistance Levels: $396, $400, $410. Ethereum has been on a bullish footing since breaking out of the consolidation phase last week. Over the past seven days, Ethereum managed to rise by a total of 12% to reach the current level....Read More
ETH/USD – Bulls Continue Further On The Road To $400. Key Support Levels: $378, $364, $350.Key Resistance Levels:$392, $400, $410. Last week, Ethereum broke above a symmetrical triangle consolidation pattern and started to push higher over the weekend. It managed to climb above the 2019 high at $364 as it ran into resistance at a...Read More
Bitcoin Bitcoin saw a 5.6% price increase over the past seven days as it finally breaks above the $11,000. The cryptocurrency was trading within a symmetrical triangle pattern since mid-September and struggled to break above this consolidation until yesterday. BTC was trading at the 100-days EMA last Friday as it rebounded from here and started...Read More
ETH/USD – Short-Term Consolidation Continues Key Support Levels: $336, $324, $317.Key Resistance Levels: $342, $365, $378 Ethereum has been trapped in a short-term symmetrical triangle pattern since mid-September. The coin failed to break above the upper boundary on Tuesday as it headed lower into the 100-days EMA. The support there has held over the past...Read More
Bitcoin Over the past seven days, Bitcoin dropped by a total of 2% as it currently trades around the $10,500 level. The week was pretty interesting after it rebounded from a 6-month-old rising trend line last week. After bouncing, it continued higher to reach as high as $10,900 at the start of October. Unfortunately, Bitcoin...Read More
ETH/USD – Bulls Struggling To Pass 2019 Highs Key Support Levels: $350, $336, $325.Key Resistance Levels: $364, $378, $390. Ethereum pushed higher last week to reach the 2019 highs at around $364 over the weekend. Unfortunately, it has not been able to overcome this resistance in the past four days of trading as bearish divergence...Read More
ETH/USD – Etheruem Bulls Rebound Beyond 2019 Highs Key Support Levels: $350, $336, $325. Key Resistance Levels: $378, $390, $400. Last week, Ethereum dipped beneath the 100-days EMA as it slipped into the $320 support. From there, the bulls defended this support level, which produced a bullish engulfing candle on Thursday. From there, Ethereum followed...Read More
