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TA: Bitcoin Reclaims 100 SMA, Here's Why BTC Could Surge above $58K - Vimarsana News

TA: Bitcoin Reclaims 100 SMA, Here's Why BTC Could Surge above $58K

TA: Bitcoin Reclaims 100 SMA, Here’s Why BTC Could Surge above $58K Reading Time: 2 mins read Bitcoin price started a decent increase above the $56,000 resistance against the US Dollar. BTC is showing positive signs and it could aim a break above $58,000. Bitcoin formed a support above $54,000 and it recovered above the $56,000 zone. The price is now trading above the $56,000 level and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $54,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair traded as high a...

TA: Bitcoin Extends Decline, Here's Why BTC Remains At Risk Below $56K - Vimarsana News

TA: Bitcoin Extends Decline, Here's Why BTC Remains At Risk Below $56K

TA: Bitcoin Extends Decline, Here’s Why BTC Remains At Risk Below $56K Reading Time: 2 mins read Bitcoin price extended its decline and tested the $53,000 zone against the US Dollar. BTC is correcting higher, but it is facing a lot of hurdles near $55,000 and $56,000. Bitcoin remained in a short-term bearish zone and it extended its decline to $53,000. The price is now trading well below the $56,000 level and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $55,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair c...

Charted: Dogecoin (DOGE) Surges 50%, Here's Why The Bulls Are Not Done Yet - Vimarsana News

Charted: Dogecoin (DOGE) Surges 50%, Here's Why The Bulls Are Not Done Yet

Charted: Dogecoin (DOGE) Surges 50%, Here’s Why The Bulls Are Not Done Yet Reading Time: 2 mins read Dogecoin remained strong and it rallied further above $0.5000 against the US Dollar. DOGE surged over 50% and it traded to a new all-time high above $0.6500. DOGE extended its rally and it cleared the $0.5000 and $0.5500 resistance levels against the US dollar. The price is trading well above the $0.5000 zone and the 100 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.4800 on the 4-hours chart of the DOGE/USD pair (data source from Bitfinex). T...

TA: Bitcoin Trims Gains, Here's Why The Bulls Could Struggle Near $57K - Vimarsana News

TA: Bitcoin Trims Gains, Here's Why The Bulls Could Struggle Near $57K

TA: Bitcoin Trims Gains, Here’s Why The Bulls Could Struggle Near $57K Reading Time: 2 mins read Bitcoin price failed to continue higher towards $60,000 against the US Dollar. BTC declined sharply and tested the $54,500 support zone, where the bulls took a stand. Bitcoin failed to extend gains and it formed a short-term top near the $59,000 level. The price is now trading well below the $57,000 level and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $57,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair ...

Charted: Dogecoin (DOGE) Beats Bitcoin, Why It Could Test $0.5 - Vimarsana News

Charted: Dogecoin (DOGE) Beats Bitcoin, Why It Could Test $0.5

Charted: Dogecoin (DOGE) Beats Bitcoin, Why It Could Test $0.5 Reading Time: 2 mins read Dogecoin extended its rally above the $0.4000 resistance against the US Dollar. DOGE tested the $0.4500 zone and it is likely to continue higher in the near term. DOGE gained bullish momentum above the $0.3500 and $0.4000 resistance 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 crucial bullish trend line forming with support near $0.3600 on the 4-hours chart of the DOGE/USD pair (data source from Bitfinex). The p...