Page 23 - Support Levels News Today

Reading Time: 2min read Bitcoin price extended its decline and tested the $55,500 support against the US Dollar. BTC is now recovering, but it is likely to face a strong resistance near the $57,500 level. Bitcoin failed to hold the $57,000 zone and extended its decline towards the $55,500 level. The price is now trading well below the $57,500 support and the 100 hourly simple moving average. There was a break below a key contracting triangle with support near $57,450 on the hourly chart of the ...

Reading Time: 2min read Bitcoin price failed to surpass the $59,500 resistance against the US Dollar. BTC is now trading below $58,000, but it is still above important supports such as $56,500. Bitcoin failed to gain strength above the $59,200 and $59,500 resistance levels. The price is now trading below the $58,250 support and the 100 hourly simple moving average. There is a major contracting triangle forming with support near $57,400 on the hourly chart of the BTC/USD pair (data feed from Kra...

Charted: Ripple (XRP) Skyrockets, Why Break Above $1 Seems Likely Reading Time: 2min read Ripple extended its rally above the $0.8000 resistance zone against the US Dollar. XRP price even tested $0.9500 and it is now consolidating gains. Ripple started a strong surge above the $0.8000 and $0.9000 levels against the US dollar. The price is now trading nicely above $0.8000 and the 100 simple moving average (4-hours). There was a break above a couple of bullish continuation patterns at $0.6000 and...

TA: Bitcoin Settles Above 100 SMA, Why BTC Could Retest $60K Reading Time: 2min read Bitcoin price started a fresh increase and it cleared the $58,250 resistance against the US Dollar. BTC is now showing positive signs and it might soon revisit $60,000. Bitcoin started a fresh increase above the $58,000 and $58,250 resistance levels. The price is now trading nicely above $58,250 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $58...

Bitcoin price is consolidating gains above the $58,000 resistance against the US Dollar. BTC is likely to surge above the $59,500 and $60,000 resistance levels in the near term.

TA: Why Bitcoin Breaking This Resistance Could Spark a Significant Surge Reading Time: 2min read Bitcoin price is trading in a bullish zone above $57,600 against the US Dollar. BTC is likely to accelerate higher once it clears the $59,800 and $60,000 resistance levels. Bitcoin is trading in a positive zone, but it is facing hurdles near $60,000. The price is now well above the $58,000 support and the 100 hourly simple moving average. There is a major bullish trend line forming with support near...

Charted: Binance Coin (BNB) Pumps Above $300, Why Bulls Could Aim New ATH Reading Time: 2min read Binance coin price started a fresh rally above the $280 resistance against the USDT. BNB is now trading above $300 and it might continue to rise towards $350 or $400. Binance coin price started a fresh rally above the $260 and $280 resistance levels against the USDT. The price is now trading well above $280 and the 100 simple moving average (4-hours). There is a major bullish trend line forming wit...

TA: Bitcoin Steadies Near $60K, Why BTC Could Surpass $62K Reading Time: 2min read Bitcoin price started a downside correction from the $61,700 high against the US Dollar. BTC is holding gains above the $58,500 and $58,000 support levels. Bitcoin gained bullish momentum above $60,000 and it even traded above $61,500. The price corrected lower below $60,000, but it is still well above the 100 hourly simple moving average. There is a key bullish trend line forming with support near $58,200 on the...

Polkadot’s DOT started a fresh increase from the $28.00 support against the US Dollar. It is rising and the bulls seem to be eyeing an upside break above the $40.00 resistance

Cardano’s price is struggling to clear the $1.200 resistance zone. ADA remains at a risk of more losses below the $1.050 and $1.020 support levels in the near term.