Page 21 - Support Levels News Today

Bitcoin price gained momentum and settled above the $57,000 level against the US Dollar. BTC is likely to break the $58,500 resistance and start a strong rally.

Charted: Uniswap’s UNI Sets New ATH At $45, Why It Could Extend Gains Reading Time: 2 mins read Uniswap’s UNI gained momentum and traded to a new all-time high near $45.00 against the US Dollar. The price is likely to continue higher above $45.50 and $46.00 in the near term. UNI started a fresh increase after forming a base above the $40.00 level against the US dollar. The price is trading nicely above $42.00 and the 100 simple moving average (4-hours). There was a break above a major contr...

TA: Bitcoin Revisits Key Support, Here’s What Could Trigger Sharp Increase Reading Time: 2 mins read Bitcoin price extended its decline below the $54,000 level against the US Dollar. BTC is holding the $52,500 support, but it must clear $54,000 for a fresh increase. Bitcoin failed to stay above the $54,000 support and extended its decline. The price is now facing resistance near $54,000 and the 100 hourly simple moving average. There is a major declining channel forming with resistance near $...

TA: Bitcoin Struggles Near $56K, Here’s Why 100 SMA Is The Key Reading Time: 2 mins read Bitcoin price spiked above the $56,000 resistance against the US Dollar, but it failed to continue higher. BTC is could correct lower, but the 100 hourly SMA is likely to provide support. Bitcoin extended its rise above the $55,500 and $56,000 resistance levels. The price is now trading well above $54,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near...

Charted: Dogecoin (DOGE) Eyes Fresh Surge Towards $0.40 Reading Time: 2 mins read Dogecoin started a fresh increase from the $0.2500 support against the US Dollar. DOGE is rising and the bulls seem to be eyeing an upside break above the $0.3500 resistance DOGE is holding the ground above the $0.3000 and $0.2800 levels against the US dollar. The price is trading nicely above the $0.3000 support and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support ...

TA: Bitcoin Price Gains Traction, Here’s How BTC Could Revisit $60K Reading Time: 2 mins read Bitcoin price gained pace and it cleared the $55,000 resistance zone against the US Dollar. BTC is showing positive signs and it is likely to accelerate higher above $56,500. Bitcoin started a decent increase it settled nicely above the $53,000 resistance. The price is now trading well above $54,000 and the 100 hourly simple moving average. There is a short-term rising channel forming with resistanc...

Charted: Ripple (XRP) Could Surge If It Settles Above This Key Hurdle Reading Time: 2 mins read Ripple started a fresh increase after testing $1.00 against the US Dollar. XRP price is likely to surge further if it clears the $1.45 and $1.46 resistance levels. Ripple is showing positive signs above the $1.25 and $1.30 resistance levels against the US dollar. The price is now trading well above $1.3200 and testing the 100 simple moving average (4-hours). There was a break above a major bearish tr...

TA: Bitcoin Price Breaks Hurdle, Here’s Why Bulls Could Aim $58K Reading Time: 2min read Bitcoin price gained pace and it cleared the $53,000 resistance zone against the US Dollar. BTC is consolidating and it seems ready for more gains above $54,000. Bitcoin remained well bid and it was able to clear the $53,000 resistance. The price is now trading well above $52,000 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $54,000 on the hourl...

TA: Bitcoin Makes Comeback, Here’s Why $53.5K Holds The Key Reading Time: 2min read Bitcoin price tested the $47,000 support zone before starting a recovery against the US Dollar. BTC is showing positive signs, but it might face hurdles near $53,500. Bitcoin is rising and it is trading nicely above the $50,000 pivot level. The price is now trading well above $51,000 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $51,500 on the...

Despite the ongoing bounce, there are no clear bullish reversal signs for bitcoin. Therefore, it’s possible that another low will be reached prior to a reversal. Weekly bitcoin price movement Last week, BTC completed its second successive bearish candlestick. This led to a low of $46,930 being reached on April 25. The price has recovered slightly … Continued