Tag Archives: MakeorBreak

Bitcoin Price Weekly Analysis: BTC Trading Near Make-or-Break Levels

BTC Volumes Shrink 22% From Jan 10

Bitcoin price is trading nicely above the $3,500 support area against the US Dollar. There is a major ascending channel formed with resistance at $3,650 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair needs to surpass the $3,650 and $3,720 resistance levels to gain bullish momentum in the near term. Bitcoin price made a few bullish breakout attempts, but it failed against the US Dollar. BTC/USD must stay above $3,500 and $3,480 to avoid a downside break in the coming days. […]

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Ripple Price Analysis: XRP Trading Near Make-or-Break Levels

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple price stayed above the $0.3200 support level, with a positive bias against the US dollar. This week’s followed key bullish trend line is in place with support near $0.3250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must stay above the $0.3250 and $0.3220 support levels to avoid a downside break. On the upside, a break above the $0.3300 and $0.3345 resistance levels could spark a rally. Ripple price is consolidating above key supports against the US Dollar and bitcoin. […]

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