Aayush Jindal

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Bitcoin Cash Price Technical Analysis – BCH/USD Upsides Capped

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Key Points Bitcoin cash price declined further and moved below the $1450 support area against the US Dollar. There is a new connecting bearish trend line forming with resistance near $1475 on the hourly chart of BCH/USD (data feed from Kraken). The price might correct a few points in the near term, but upsides are … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Upsides Capped

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Bitcoin Cash Price Technical Analysis – BCH/USD Extends Correction

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Key Points Bitcoin cash price continued to correct lower and moved below the $1500 support against the US Dollar. There is a major bearish trend line forming with resistance near $1480 on the hourly chart of BCH/USD (data feed from Kraken). The price might extend its decline and it could even break the $1400 support … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Extends Correction

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Bitcoin Cash Price Weekly Analysis – BCH/USD Reached Major Resistance

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Key Points Bitcoin cash price made a nice upside move above $1200 against the US Dollar. There is a major connecting resistance trend line forming with barrier at $1720 on the 4-hours chart of BCH/USD (data feed from Kraken). On the downside, there is a key support forming near $1250 and the 100 simple moving … Continue reading Bitcoin Cash Price Weekly Analysis – BCH/USD Reached Major Resistance

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Bitcoin Price Weekly Analysis – BTC/USD’s Upside Drift

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Key Points Bitcoin price continues to trade higher and it recently moved above $8800 against the US Dollar. There was a break above an ascending channel with resistance at $8650 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now gaining pace above $8500 and looks set to break the $9000 … Continue reading Bitcoin Price Weekly Analysis – BTC/USD’s Upside Drift

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Ethereum Price Weekly Analysis – ETH/USD Trend Overwhelmingly Bullish

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Key Highlights ETH price climbed higher and it recently traded to a new all-time high at $482.17 against the US Dollar. There are two important bullish trend lines forming with support at $448 and $350 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might correct a bit on the downside but … Continue reading Ethereum Price Weekly Analysis – ETH/USD Trend Overwhelmingly Bullish

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Ripple Price Technical Analysis – XRP/USD is Following Uptrend Channel

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Key Highlights Ripple price is slowly moving higher but struggling to gain momentum above $0.2500 against the US Dollar. This week’s highlighted ascending channel with current support near $0.2380 is active on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently testing the channel support at $0.2380-90 and might … Continue reading Ripple Price Technical Analysis – XRP/USD is Following Uptrend Channel

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Bitcoin Gold Price Technical Analysis – BTG/USD to Continue Higher

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Key Points Bitcoin gold price recently gained momentum and moved above the $200 handle against the US Dollar. This is a short-term contracting triangle forming with support near $240 on the hourly chart of BTG/USD (data feed from Bitfinex). There can be a downside break, but the price remains supported above $230-220. Bitcoin gold price … Continue reading Bitcoin Gold Price Technical Analysis – BTG/USD to Continue Higher

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Bitcoin Cash Price Technical Analysis – Can BCH/USD Break 100 SMA?

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Key Points Bitcoin cash price is in a correction mode and holding the $1100 support against the US Dollar. There is a major bearish trend line forming with resistance at $1200 on the hourly chart of BCH/USD (data feed from Kraken). The price has to move above $1200 and the 100 hourly simple moving average … Continue reading Bitcoin Cash Price Technical Analysis – Can BCH/USD Break 100 SMA?

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Bitcoin Cash Price Technical Analysis – Can BCH/USD Bounce Back?

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Key Points Bitcoin cash price started a downside correction from the $1380 swing high against the US Dollar. There is a major bullish trend line forming with support at $1190 on the hourly chart of BCH/USD (data feed from Kraken). The price remains supported on the downside near the $1200 and $1190 support levels. Bitcoin … Continue reading Bitcoin Cash Price Technical Analysis – Can BCH/USD Bounce Back?

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Bitcoin Cash Price Weekly Analysis – BCH/USD Upsides Remain Capped

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Key Points Bitcoin cash price recovered well from the $835 swing low against the US Dollar to trade above $1000. There is a major descending channel forming with resistance at $1225 on the 4-hours chart of BCH/USD (data feed from Kraken). Upsides remain capped as long as the pair is below the $1250 resistance zone … Continue reading Bitcoin Cash Price Weekly Analysis – BCH/USD Upsides Remain Capped

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