Day: July 22, 2018

Bitcoin Price Weekly Analysis: BTC/USD’s Next Target $8,500

boss

Key Points Bitcoin price gained momentum and settled above $7,200 against the US Dollar. There is a major bullish trend line forming with support at $7,000 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely to make the next move either above $7,600 or below $7,240 in the near term. Bitcoin price is placed nicely in an uptrend above $7,000 against the US Dollar. BTC/USD is eyeing the next break either above $7,600 or below $7,240. Bitcoin Price Range Pattern This past week,…

Ethereum Price Weekly Analysis: ETH/USD Could Revisit $422

boss

Key Highlights ETH price struggled to hold gains above $510 and declined sharply against the US Dollar. Recently, there was a break above a bearish trend line with resistance at $457 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair has to close above $477 and the 100 simple moving average to move back in a bullish zone. Ethereum price is moving with bearish signs versus the US Dollar and Bitcoin. ETH/USD must clear the $470 and $477 resistances to climb higher. Ethereum Price Resistances This past…

Bitcoin Cash Price Weekly Analysis: BCH/USD Bullish Above $820

boss

Key Points Bitcoin cash price corrected lower and tested the $740 support area against the US Dollar. There is a major bullish trend line in place with support at $750 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair must break the $800 and $820 resistance levels to gain bullish momentum in the near term. Bitcoin cash price is placed in a bullish zone above $740 against the US Dollar. BCH/USD must settle above $820 to accelerate gains towards $880 and $900. Bitcoin Cash Price…