Technical Analysis

Ethereum Price Prediction: ETH/USD Price Corrects Downward After Having Created a Mirage around $176

Source Node: https://insidebitcoins.com/news/ethereum-price-prediction-eth-usd-price-corrects-downwards-after-having-created-a-mirage-around-176/256797
Time Stamp: April 7, 2020 6:04 PM - Modified On: May 21, 2021 - Published By:
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ETH Price Prediction – April 7The Ethereum price breaks above $175 and a stronger retest of previous resistance are expected.ETH/USD MarketKey Levels:Resistance levels: $200, $205, $210Support levels: $130, $125, $120ETHUSD – Daily ChartToday, ETHUSD is trading in the red by -3.59% in the session. This battle comes after ETH/USD tried and failed to extend gains past $176 which happens to be the daily high as at the time of writing. Ethereum price is back under $170 and currently exchanging hands at $165.35. Moreover, ETH/USD is moving above the 9-day and

Bitcoin Price Prediction: BTC/USD May Hit $8,000 to Begin a Bull Market Fully

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-may-hit-8000-to-start-a-bull-market-fully/256766
Time Stamp: April 7, 2020 9:58 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 7The Bitcoin price is making a strong extension to the upside in the session today through $7,200.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,500, $8,700, $8,900Support Levels: $6,400, $6,200, $6,000BTCUSD – Daily ChartBTC/USD hit the intraday high at $7,440 and retreated to $7,231 at the time of writing. Despite the downside correction, the coin is moving within a short-term upside trend amid low volatility. BTC/USD has gained nearly 1.35% since this time as the cryptocurrency market is on the recovery path. On the

Bitcoin Price Prediction: BTC/USD Breaks Consolidation Pattern; $8,000 Next?

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-breaks-consolidation-pattern-8000-next/256715
Time Stamp: April 6, 2020 6:40 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 6The Bitcoin price increased by more than 6.90% today as the cryptocurrency makes its way above $7,245.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,000, $8,200, $8,400Support Levels: $6,000, $5,800, $5,600BTCUSD – Daily ChartBTC/USD has now cleanly broken above the upper boundary of the previous ascending pattern as it takes out the resistance at the $7,000 level. BTC/USD increased by a total of 6.94% today to reach a high of around $7,248 as the buyers start to take control. The crucial thing to look

Litecoin Price Prediction: LTC/USD Receives a Pat on the Back, Shoots by 5.52% Within 24 Hours

Source Node: https://insidebitcoins.com/news/litecoin-price-prediction-ltc-usd-receives-a-pat-on-the-back-shoots-by-5-52-within-24-hours/256674
Time Stamp: April 6, 2020 11:55 AM - Modified On: May 21, 2021 - Published By:
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LTC Price Prediction – April 6Today, the Litecoin (LTC) gains 5.52% in the last 24 hours to touch $43.10.LTC/USD MarketKey Levels:Resistance levels: $50, $52, $54Support levels: $33, $31, $29LTCUSD – Daily ChartToday, after the coin tested $41 on the daily chart, LTC/USD underwent a much-needed break to the positive side. The coin posted gains of over 5.52% in the last 24 hours, with the coin trading above the 9-day and 21-day moving averages at a price of $42.61 at the time of writing while the signal line of RSI (14)

Ripple Price Prediction: XRP/USD Faces Down after Touching $0.180 Resistance Level

Source Node: https://insidebitcoins.com/news/ripple-price-prediction-xrp-usd-faces-a-crucial-support-after-touching-0-180-resistance-level/256616
Time Stamp: April 5, 2020 6:47 PM - Modified On: May 21, 2021 - Published By:
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XRP Price Analysis – April 5Ripple price is facing a selling pressure below the $0.182 resistance against the US dollar.XRP/USD MarketKey Levels:Resistance levels: $0.210, $0.220, $0.230Support levels: $0.150, $0.140, $0.130XRPUSD – Daily ChartXRP/USD is slowly declining below key the supports. The Ripple price might revisit the $0.177 support before it could start a fresh increase. After struggling to stay above $0.177, Ripple started a slow and steady decline. The coin traded below the key $0.182 support level to move into a short term bearish zone.However, XRP/USD is currently changing hands

Bitcoin Price Prediction: BTC/USD Extends Sideways Grind Below $7,000 Level

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-extends-sideways-grind-below-7000-level/256603
Time Stamp: April 5, 2020 12:25 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 5The technical indicator RSI (14) is currently moving in sideways, reflecting that the Bitcoin price is in a consolidation mode.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,700, $5,500, $5,300BTCUSD – Daily ChartBTC/USD added around 2% and closed at $6,890 yesterday, at the moment, the coin is currently erasing the majority of its gains. As of writing, the Bitcoin (BTC) hovers at $6,780 which is down with 1.38% on a daily basis. For now, the price is seriously struggling in

Bitcoin Cash Price Prediction: BCH/USD Turns Bullish across $240 Level

Source Node: https://insidebitcoins.com/news/bitcoin-cash-price-prediction-bch-usd-turns-bullish-across-240-level/256563
Time Stamp: April 4, 2020 5:21 PM - Modified On: May 21, 2021 - Published By:
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BCH Price Analysis – April 4The Bitcoin Cash price resumes the uptrend and reclaims the resistance level $240 amid market bullish pressure.BCH/USD MarketKey Levels:Resistance levels: $275, $295, $315Support levels: $190, $170, $150BCHUSD – Daily ChartToday, BCH/USD indicates an upward trend in the ascending channel market, trading above the 9-day and 21-day moving averages. A few days ago, it was revealed that BCH followed a bearish movement but currently the market is planning a volatile move in which Bitcoin Cash may move moderately. Meanwhile, as the daily chart reveals, the BCH

Litecoin Price Prediction: LTC/USD Facing the Ultimate Make or Break Test at $42

Source Node: https://insidebitcoins.com/news/litecoin-price-prediction-ltc-usd-facing-the-ultimate-make-or-break-test-at-42/256557
Time Stamp: April 4, 2020 12:03 PM - Modified On: May 21, 2021 - Published By:
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LTC Price Prediction – April 4LTC/USD is currently facing the ultimate breakout dilemma; would the breakout rally to $50 or a breakdown to $30?LTC/USD MarketKey Levels:Resistance levels: $50, $52, $54Support levels: $30, $28, $26LTCUSD – Daily ChartLTC/USD has mainly underperformed since recovery was staged from the lows posted a few weeks ago. While the price crash has been devastating for traders, the LTC/USD recovery has not occurred compared to other major cryptocurrencies in the market. On the other hand, Litecoin only succeeded in testing the resistance at $43 without much

Bitcoin Price Prediction: BTC/USD Struggles to Hold Above $7,000 Resistance Level

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-struggles-to-hold-above-7000-resistance-level/256553
Time Stamp: April 4, 2020 10:49 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 4The Bitcoin (BTC) is currently consolidating and seems to be preparing for the next move either above $7,000 or towards $6,500.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,700, $7,900, $8,100Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily ChartYesterday, we saw a sharp decline in Bitcoin price below the $7,036 support against the US Dollar. The BTC/USD pair also settled below the $6,800 support level and above the 9-day and 21-day moving averages. Today, the price is consolidating losses above the $6,750 level and currently

Bitcoin Price Prediction: BTC/USD Failed Breakout; Price Remains Below $6,800

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-failed-breakout-price-remains-below-6800/256526
Time Stamp: April 3, 2020 6:41 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 3At the moment, BTC/USD dropped by a total of 0.65% within 24 hours as it trades at the $6,760 level.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily ChartThe daily chart reveals that BTC/USD failed to break the upper boundary of the ascending channel with the current consolidation pattern once again as it fails to close above the $6,800 level. The Bitcoin (BTC) started the day off by trending higher toward the $7,000 level only to

Ripple Price Prediction: XRP/USD Prints a Bearish Pattern despite Touching $0.18 Level

Source Node: https://insidebitcoins.com/news/ripple-price-prediction-xrp-usd-prints-a-bearish-pattern-despite-touching-0-18-level/256502
Time Stamp: April 3, 2020 1:12 PM - Modified On: May 21, 2021 - Published By:
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XRP Price Prediction – April 3Ripple price technical picture is healthy but a rising wedge pattern could force a free-fall to $0.16.XRP/USD MarketKey Levels:Resistance levels: $0.21, $0.22, $0.23Support levels: $0.15, $0.14, $0.13XRPUSD – Daily ChartToday, XRP/USD impressively cleared the resistance at $0.18. The surge followed stability and brief consolidation above $0.17 level. However, XRP/USD is trading at $0.177 at the time of writing as the coin is losing 0.84% on the day. Meanwhile, the surge above $0.18 hit a wall at $0.183, giving way to selling pressure which forced the

Bitcoin Price Prediction: BTC/USD Came Close to $7,000 but the Bulls May Have to Wait a Bit

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-came-close-to-7000-but-the-bulls-may-have-to-wait-a-bit/256465
Time Stamp: April 3, 2020 12:28 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 3The Bitcoin (BTC) has recovered from the recent low on approach to $6,700 but the Bulls may have trouble taking the price above $7,000.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily chartBTC/USD resumed the upside trend after a short-lived retreat to $6,736 during early Asian hours. At the time of writing, BTC is changing hands at $6,828 and the upside momentum is gaining traction. A sustainable move above $7,000 will bring $7,300 back into focus