Tag Archives: Juncture

Bitcoin Price Watch: BTC Rebound Reaching Crucial Juncture

Bitcoin Price Analysis: $3,800 is Definitive for BTC

Bitcoin price started a short term rebound and broke the $3,400 resistance level against the US Dollar. This week’s followed major bearish trend line was breached with resistance at $3,440 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is now approaching a few important resistances, including $3,475, $3,500 and $3,516. Bitcoin price recovered nicely from the $3,340 swing low against the US Dollar. However, BTC price is still below a few key hurdles near the $3,475 and $3,500 levels. Bitcoin Price […]

Read More...

Ripple Price Analysis: XRP’s Correction Reaches Crucial Juncture

Ripple Price Analysis: XRP Poised To Break $0.3000 Support

Ripple price started a downside correction and traded below the $0.3050 support against the US dollar. There is a major declining channel in place with resistance near $0.3040 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is under pressure and it seems to be approaching the key $0.2915 support area. Ripple price corrected most its gains against the US Dollar and Bitcoin. XRP/USD settled below $0.3050 and it could extend the current correction towards the $0.2915 support area. Ripple Price Analysis […]

Read More...