Tag Archives: Weekly

Bitcoin Price Weekly Analysis: BTC Could Accelerate Gains Above $3,850

Bitcoin Price Weekly Analysis: BTC Could Accelerate Gains Above $3,850

Bitcoin price formed a solid support near the $3,560 level and moved higher against the US Dollar. There is a crucial bearish trend line in place with resistance near $3,850 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move higher towards the $3,850 and $4,000 levels in the near term. Bitcoin price is showing positive signs above the $3,600 support against the US Dollar. BTC/USD could accelerate gains once there is a break above $3,800 and $3,850. Bitcoin […]

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Ethereum Price Weekly Analysis: ETH Facing Uphill Task Near $128

Ethereum Price Weekly Analysis: ETH Facing Uphill Task Near $128

ETH price faced a strong resistance near the $127 and $128 levels recently against the US Dollar. There is a major bearish trend line formed with resistance at $125 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair must break the $125, $127 and $128 resistance levels to move into a positive zone. Ethereum price is struggling to clear many hurdles versus the US Dollar and Bitcoin. ETH/USD may climb higher sharply once there is a close above $128 and $130. Ethereum Price Analysis […]

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Crypto Markets Near Weekly Lows Following Weekend Volatility

Crypto Markets Near Weekly Lows Following Weekend Volatility

This past weekend was particularly volatile for the crypto markets, which surged on Saturday before fully retracing on Sunday. The resulting losses have carried over into Monday, with most major altcoins trading flat or down slightly today. Most altcoins are closely tracking Bitcoin’s price action, and one prominent analyst thinks that most major cryptocurrencies are looking slightly bullish on lower time frames. Crypto Markets Could Be Bullish in the Short-Term At the time of writing, Bitcoin is trading down marginally at its current price of $3,580, which […]

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Ripple Price Analysis: XRP Buyers Target Fresh Weekly Highs

Ripple Price Analysis: XRP Buyers Target Fresh Weekly Highs

Ripple price tested the $0.3050 support level and later bounced back above $0.3120 against the US dollar. There was a break above a major bearish trend line with resistance at $0.3160 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently placed nicely above $0.3160, but it must break the $0.3220 resistance for more gains. Ripple price started a decent recovery against the US Dollar and Bitcoin. XRP/USD is now facing a major hurdle near $0.3220 and the 100 hourly simple […]

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Ethereum Price Weekly Analysis: ETH’s Next Crucial Break Is Near

Ethereum Price Analysis: ETH Staging Decent Comeback, Could Test $125

ETH price remained below the $120 and $125 resistance levels against the US Dollar. There is a crucial bearish trend line formed with resistance at $116 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair needs to surpass the $116, $117 and $120 resistance level for a decent upside move. Ethereum price is trading in a tight range versus the US Dollar and Bitcoin. ETH/USD could struggle to move past $120, which might result in a bearish break below $112. Ethereum Price Analysis This […]

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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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Ethereum Price Weekly Analysis: ETH Facing Uphill Task Near $114

Ethereum Price Weekly Analysis: ETH Facing Uphill Task Near $114

ETH price recovered a few points, but it is facing a lot of hurdles near $114 against the US Dollar. There was a break above a major bearish trend line with resistance at $107 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to accelerate higher if it succeeds in surpassing the $114 and $115 resistance levels. Ethereum price is showing a few positive signs versus the US Dollar and Bitcoin. ETH/USD must break the $114 resistance to stay in the positive […]

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Bitcoin Price Weekly Analysis: BTC Rebound Approaching Crucial Resistance

Bitcoin Price Watch: BTC At Continued Risk of Weakness

Bitcoin price formed a support base near $3,370 and recovered higher above $3,450 against the US Dollar. There was a break above a major contracting triangle with resistance at $3,440 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair seems to be approaching a couple of important resistances near $3,500 and $3,510. Bitcoin price is slowly moving higher with positive signs against the US Dollar. However, BTC/USD is now approaching a significant hurdle near the $3,500 resistance zone. Bitcoin Price Analysis This […]

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Bitcoin Price Weekly Analysis: BTC Could Rebound To $4,000

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

Bitcoin price formed a significant support near the $3,345 level and jumped sharply against the US Dollar. There was a break above a crucial bearish trend line with resistance at $3,380 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair rallied above the $3,400 and $3,500 resistance levels to move into a bullish zone. Bitcoin price surged higher recently above the $3,550 barrier against the US Dollar. BTC/USD might continue to move higher towards the $3,800 and $4,000 resistance levels in the […]

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Ripple Price Weekly Analysis: XRP Primed For More Upsides

XRP Benefiting From SWIFT--Corda Trial

Ripple price bounced back sharply and broke the $0.3000 resistance level against the US dollar. There was a break above a major bearish trend line with resistance near $0.2900 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair is now placed nicely above the $0.3000 support and the 100 simple moving average (4-hours). Ripple price gained a strong bullish momentum against the US Dollar and bitcoin. XRP/USD is likely to extend the current wave towards the $0.3300 or $0.3400 resistance level. Ripple […]

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