Day: November 28, 2019

Crypto Market & Bitcoin Smash Resistance: BNB, BCH, LTC, EOS Analysis

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The total crypto market cap broke a major resistance area near the $188.0B level. Bitcoin price is up more than 5% and it broke the $7,400 resistance area. Litecoin (LTC) price is slowly rising towards the $48.50 and $49.20 resistance levels. BCH price is rising and it managed to climb above the $220 resistance area. EOS price is now trading nicely above $2.500 and it might soon test $2.850. Binance coin (BNB) is back above $16.00 and it could continue to rise above $16.50. Bitcoin (BTC) and the crypto market…

Ripple (XRP) Price Defies Gravity, Looks To Trade Higher

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Ripple price is trading nicely above the $0.2200 and $0.2180 support levels against the US dollar. The price is likely to accelerate gains if it breaks the $0.2300 resistance area. There is a new connecting bullish trend line forming with support near $0.2190 on the hourly chart of the XRP/USD pair (data source from Kraken). The main hurdles on the upside for the bulls are near $0.2300 and $0.2350. Ripple is gaining bullish momentum above $0.2200 against the US Dollar, similar to bitcoin above $7,000. XRP price is likely to…

Ethereum (ETH) Signaling Upside Continuation, $165 Possible?

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Ethereum is showing positive signs above the $150 and $152 resistance levels against the US Dollar. The price is currently trading near the $155 resistance and it could rise further. There is a short term bullish flag forming with resistance near $155 on the hourly chart of ETH/USD (data feed via Kraken). The price could rise nicely above the $155 and $160 resistance levels in the near term. Ethereum price is gaining bullish momentum above $150 versus the US Dollar, while bitcoin rallied above $7,500. ETH price is likely to…