Page 22 - Support Levels News Today

TA: Bitcoin Stuck in Range, Here’s What Could Trigger More Losses Reading Time: 2min read Bitcoin price is trading in a range below the $57,500 resistance against the US Dollar. BTC is likely to start a major decline if there is a clear break below the $53,500 support zone. Bitcoin is struggling to gain momentum above the $56,000 and $56,500 levels. The price is now trading well below $56,500 and the 100 hourly simple moving average. There is a new declining channel forming with resistance ne...

TA: Bitcoin Struggles Below $57K, Here’s Why 100 SMA Holds The Key Reading Time: 2min read Bitcoin price is holding the $55,000 support zone against the US Dollar. BTC must clear the $57,000 resistance and the 100 hourly SMA to move into a positive zone. Bitcoin is somehow holding the $55,000 and $54,500 support levels. The price is now facing a strong resistance near $57,500 and the 100 hourly simple moving average. There was a break above a major declining channel with resistance near $55,2...

Charted: Ripple (XRP) Could Rally Significantly If It Clears This Key Resistance Reading Time: 2min read Ripple formed a support base above $1.16 and it is now rising against the US Dollar. XRP price could start a strong increase if it clears the main $1.50 resistance zone. Ripple is showing positive signs above the $1.20 and $1.30 resistance levels against the US dollar. The price is now trading well above $1.3500 and the 100 simple moving average (4-hours). There is a major contracting triang...

TA: Here’s Why Bitcoin Price Is Primed To Revisit $52K Support Reading Time: 2min read Bitcoin price struggled to recover above $57,500 against the US Dollar. BTC is now declining and it remains at a risk of more downsides towards $52,000. Bitcoin is facing an uphill task above the $57,000 and $57,500 levels. The price is now trading well below the $57,000 level and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $56,000 on the hourly chart ...

TA: Bitcoin Consolidates, Here’s Why BTC Could Surge Above $64K Reading Time: 2min read Bitcoin price started a downside correction from the $54,900 zone against the US Dollar. BTC is now consolidating and it could start a fresh increase if it clears $54,900 Bitcoin is showing positive signs above the $62,500 and $62,000 levels. The price is now trading well above the $62,000 level and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $63,7...

TA: Bitcoin Trims Gains, But Here’s How BTC Could Rise Again Reading Time: 2min read Bitcoin price traded to a new all-time high near $64,892 before correcting lower against the US Dollar. BTC tested the $61,500 level and it is now showing a few positive signs. Bitcoin climbed further above the $63,000 and $64,000 resistance levels. The price is now trading well above the $62,000 level and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $61,...

TA: Here’s Why Bitcoin Price is Signaling Upside Continuation To $65K Reading Time: 2min read Bitcoin price started a fresh increase and it cleared the $62,000 resistance against the US Dollar. BTC traded to a new all-time high near $63,862 and it is likely to continue higher. Bitcoin extended its rise above the $62,000 and $63,000 resistance levels. The price is now trading well above the $62,500 level and the 100 hourly simple moving average. There is a bullish continuation pattern forming ...

Bitcoin price is consolidating above the $59,500 support zone against the US Dollar. BTC is now showing a few positive signs, but it must clear $61,200 for a fresh rally in the near term.

Bitcoin price failed to continue higher above $60,800 and corrected lower against the US Dollar. BTC is now holding gains and it is likely to rally above $61,000 unless there is a break below the 100 hourly SMA.

Ripple extended its rally above the $1.200 resistance zone before correcting lower against the US Dollar. XRP price is now consolidating gains and it is likely to rally again above $1.400.