Bitcoin Cash Price Analysis: BCH/USD Breaks Above Key Resistance

Key Points Bitcoin cash price rallied and broke a major resistance near $440 against the US Dollar. Yesterday’s highlighted important bearish trend line was breached at $435 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently correcting lower, but dips near $445 and $440 remains well supported. Bitcoin cash price moved into a positive zone above $440 against the US Dollar. BCH/USD dips towards the $440-445 zone could find a strong buying interest. Bitcoin Cash Price Analysis Yesterday, we discussed a crucial resistance…

Bitcoin Price Intraday Analysis: BTC/USD Gaining Towards 6500-Fiat

Bitcoin on Thursday improved its bullish bias by rising over 1.5 percent against the US Dollar. The BTC/USD on BitFinex is trading at 6421-fiat while continuing its bullish retracement from 6100-fiat, our intraday low. The pair kickstarted the Asian session while forming lows towards 6382-fiat. It consolidated sideways throughout the said session within a strict trading range. 6400-fiat continued to be the level of interest, meanwhile. BTC/USD never slipped too below the stated level, nor surged too far from it. During the European session, the pair once made higher highs towards…

Ripple Price Analysis: XRP/USD Signaling Upside Extension

Key Highlights Ripple price surged higher recently and broke the $0.3200 resistance level against the US dollar. There is a major contracting triangle in place with resistance at $0.3300 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could correct a few points, but it remains supported above the $0.3100 level. Ripple price is trading with a bullish bias against the US Dollar and Bitcoin. XRP/USD needs to gain above $0.3350 for a push towards the $0.3500 level. Ripple Price Rise Yesterday, we saw a…

Cardano Price Analysis: ADA/USD Eyes Upside Break above $0.075

Key Highlights ADA price is trading nicely above the $0.0650 support area against the US Dollar (tethered). There is a key bullish trend line in place with support at $0.0700 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to move higher above the $0.0740 and $0.0750 resistance levels in the near term. Cardano price is positioned in the bullish zone against the US Dollar and Bitcoin. ADA/USD could move above the $0.0750 resistance to test $0.0800. Cardano Price Analysis After forming a…

Ethereum Price Analysis: ETH/USD Under Pressure Below $216

Key Highlights ETH price is struggling to break the $214-216 resistance zone against the US Dollar. Yesterday’s highlighted important bearish trend line is active with resistance at $212 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to break the trend line and the $216 resistance zone for more gains in the near term. Ethereum price is mostly in a bearish zone against the US Dollar and bitcoin. ETH/USD needs to overcome sellers above $212 to test the $228 resistance. Ethereum Price Resistance Yesterday, there were…

Bitcoin Cash Price Analysis: BCH/USD Dips Remain Supported

Key Points Bitcoin cash price dipped recently, but it found support near $410 against the US Dollar. There is a major bearish trend line in place with resistance near $440 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair needs to climb above the $450 hurdle for more gains in the near term. Bitcoin cash price is trading above $400 against the US Dollar. BCH/USD is facing a couple of important resistances near $445 and $450 levels. Bitcoin Cash Price Resistance During the past few…

Litecoin, Stellar Lumens, Monero, Cardano, EOS Price Analysis

Sep 18 flash gains are quickly evaporating giving way for solid Sep 17 losses backed by high level of participation syncing with the dominant trend—that of sellers. That is why, it’s likely that EOS, Litecoin, Stellar Lumens, Monero and Cardano prices might drop in coming days with Cardano for example dipping below 6 cents and printing new lows. Litecoin is also poised to shed some more so if there are dips below $50 before the weekend. Let’s have a look at these charts: EOS Price Analysis Latest EOS News Block…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 19

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Germany’s Minister of Finance Olaf Scholz believes that cryptocurrencies are not yet ready ro replace traditional fiat money, but he is not so confident about “20 to 30 years” into the future. This is a bullish sign, which confirms that the world is…

Ethereum Price Analysis: ETH/USD Consolidating Above $200

Key Highlights ETH price recovered nicely and moved above the $210 level against the US Dollar. There is a key bearish trend line in place with resistance at $216 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $216 and $220 resistance levels to move further higher in the near term. Ethereum price is mostly consolidating against the US Dollar and bitcoin. ETH/USD is likely to decline a few points towards $205 before moving higher. Ethereum Price Support After a major downside correction towards…

Litecoin, Monero, Cardano, Stellar Lumens, EOS Price Analysis

Undoubtedly, altcoins are under immense pressure. Laying out this is the increase of Bitcoin dominance to over 55 percent showing investors shifting their capital from altcoins to Bitcoin. All in all, rousing developments in EOS, they are set to unveil new dApps, should prop prices while a damning analysis by Tushar Jain, the MD of Multicoin could trigger renewed criticism on Litecoin and Charlie Lee further damping prices. Let’s have a look at these charts: EOS Price Analysis Latest EOS News According to reports from IMEOS, the CEO of EOS–Brendan…