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Bitcoin price started a fresh increase above the $55,000 resistance zone against the US Dollar. BTC tested $58,500 and it remains elevated for a move towards the $60,000 zone.
Ethereum extended its rally and it traded to a new all-time high near $2,800 against the US Dollar. ETH price is correcting gains, but dips are likely to be supported near $2,650.
TA: Ethereum Seems Unstoppable, Here’s How ETH Could Extend Rally Reading Time: 2 mins read Ethereum remained in a positive zone and it traded to a new all-time high above $2,750 against the US Dollar. ETH price is correcting gains, but dips are likely to be limited below $2,650. Ethereum extended its rise above the $2,700 and $2,740 resistance levels. The price is now trading well above $2,650 and the 100 hourly simple moving average. There is a major rising channel forming with support near $2,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to start a fresh i...
TA: Ethereum Rallies above $2,700, Here’s Why ETH Could Extend Gains Reading Time: 2 mins read Ethereum gained bullish momentum and traded to a new all-time high above $2,700 against the US Dollar. ETH price is likely to continue higher above $2,700 and $2,750. Ethereum is trading in a bullish zone above the $2,600 support level. The price is now trading well above $2,550 and the 100 hourly simple moving average. There was a break above a major rising channel with resistance near $2,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair is correcting gains, but dips are likely ...
TA: Ethereum Gains Momentum, Here’s Here Chances of a Run To $3K Reading Time: 2 mins read Ethereum remained well bid and it broke the $2,500 resistance zone against the US Dollar. ETH price is likely to accelerate higher above $2,550 and $2,600 in the near term. Ethereum is trading in a bullish zone above the $2,500 support level. The price is now trading well above $2,450 and the 100 hourly simple moving average. There is a key rising channel forming with support near $2,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to rise further above the $2,550 and $2,6...