Resistance

Bitcoin (BTC) Flirts With Key Resistance, Bears In Control

Bitcoin price is showing a lot of bearish signs below the $7,280 resistance against the US Dollar. The price is likely to face resistance and selling interest near the $7,280 and $7,400 levels. There is a short term rising channel forming with resistance near $7,290 on the hourly chart of the BTC/USD pair (data feed […]

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Ethereum (ETH) Stuck In Range Below Key Resistance, Bitcoin Struggling

Ethereum is struggling to clear the key $152 resistance area against the US Dollar. The price is declining and it is now trading near the $146 support area. Yesterday’s major bullish trend line was breached with support near $148 on the hourly chart of ETH/USD (data feed via Kraken). The price could continue to move […]

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Bitcoin [BTC] Price Fails to Break Resistance Around $9600 – Will Bounce Occur?

Bitcoin [BTC] price moved up from its short term range above $9350. It recorded a high of $9586 on Bitfinex. However, the bulls failed to break above resistance from the 100-Day Moving Average. BTC/USD 1-Day Chart on Bitstamp (TradingView) Crypto trader, Josh Rager noted, About time $BTC, Nice push, battling the weekly open resistance at […]

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Bitcoin Price Dips Below $9,200 After Rejection by $9,500 Resistance

Bitcoin fails to crack stubborn ground closer to $10,000, continuing to range within its corridor after last week’s significant improvement. Bitcoin (BTC) dropped below $9,200 on Nov. 3 after a fresh attempt to crack resistance above $9,500 ended in rejection. Cryptocurrency market daily overview. Source: Coin360 Bitcoin stays in low $9K corridor Data from Coin360 […]

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Bitcoin Price Analysis: Strong Rally Retests Macro Resistance

Summary: The bitcoin market is experiencing a strong rally that has us testing the strength of the $8,300 resistance level. So far, the support level at $8,090 is holding and as long as the daily candle doesn’t close below the support level the market is poised for a retest of the $8,500s. If we see […]

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Ethereum (ETH) Price Still Capped By Key $185 Resistance

ETH price is still struggling to break the key $185 resistance area against the US Dollar. The price is currently correcting lower and it might find support near $178 or $175. There is a connecting bullish trend line forming with support near $178 on the hourly chart of ETH/USD (data feed via Kraken). The pair […]

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Bitcoin Rejected By High Timeframe Resistance, Here’s What To Possibly Expect

Bitcoin price is at risk of falling from the current trading range and is hanging by a thread at $9,600 after repeated attempts to hold above $10,000 failed. And while a rebound from here cannot be ruled out, Bitcoin price was rejected by high timeframe resistance dating back to the previous crypto market bull run, […]

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Bitcoin (BTC) Price Flirts With Key Resistance After Recent Rally

Bitcoin price climbed higher sharply above $10,200 and gained around 5% against the US Dollar. The price is clearly struggling to gain strength above the key $10,500 resistance area. There was a break above a key bearish trend line with resistance near $10,270 on the hourly chart of the BTC/USD pair (data feed from Kraken). […]

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Crypto Market And Bitcoin Approaching Resistance: ETC, BCH, EOS, TRX Analysis

The total crypto market cap is currently correcting higher towards the $268.0-$270.0B resistance. Bitcoin price is also approaching towards a major resistance near the $10,200 and $10,250 levels. EOS price recovered more than 5% and it is now trading near the $3.650 resistance. Ethereum Classic price rallied close to 20% and broke the $7.00 resistance […]

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Ethereum Breaks Recent Downtrend Resistance Line as Buyers Step Up

Ethereum’s price action has been closely tracking that of Bitcoin over the past several days, and ETH has been able to post a strong recovery from its recent drop to below $185. Analysts are now noting that Ethereum’s ability to break above the key resistance level of $200 may be emblematic of a shifting short-term […]

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Bitcoin Price In Uptrend But Facing Resistance Above $10,500

Bitcoin price has remained in five figures as we begin another weekend. There appear to be enough buyers in the high $9000 range to prevent the asset from falling further, and for the second time in as many days, BTC has pushed back over the $10,000 mark. Bitcoin Price Over 7% Up From an intraday […]

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Ethereum Price (ETH) Flirts With Key Resistance Amid Negative Sentiment

ETH price remained supported above the $205 level, but struggled to gain traction against the US Dollar. The price is facing a few key resistances near the $212 and $215 levels. There is a contracting triangle forming with resistance near $211 on the hourly chart of ETH/USD (data feed via Kraken). The pair could either […]

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Clear Skies Ahead For Bitcoin With Little Resistance to ATH

Another thousand dollar bitcoin price pump day it was and it sounds like a routine now. Bitcoin price broke above $13k and now has to stay there for greater gains to come. Looking at the long term picture depicts a high likelihood of this happening. Bitcoin Price Breaks $13000 Another day’s bullish momentum has resulted […]

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Analyst: Little is Stopping Bitcoin from Setting 2019 Highs; Here’s Where its Next Resistance Lies

Bitcoin (BTC) has been in a firm uptrend for the past several months and has only recently found itself caught in a period of consolidation after it failed to break above its recently established 2019 high at $13,800. BTC’s upwards momentum has allowed it to incur strengthening technical formations, and analysts are now confident that […]

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Bitcoin Hits Resistance But Long Term Technical Indicator Flips Green

Total crypto market capitalization is back at its 2019 high as Bitcoin maintains gains and grinds slowly higher. There is a lot of resistance approaching, however, and analysts are starting to wonder when the next altseason will start to kick in. Bitcoin Grinds Higher BTC has been slowly grinding higher over the past 24 hours, […]

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Bitcoin Price Targets Next Key Resistance Level – Is 5 Figures in Play?

The weekend has been extremely bullish for bitcoin price, which has surged to a new 2019 and thirteen month high. Those gains have held into Monday morning in Asia and analysts are now scouring the charts looking for the next move for BTC. Bitcoin Price Painting a Bullish Picture Bitcoin has held on to most […]

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Fundstrat Bullish on Bitcoin, But Expects BTC Resistance at $9,000

Bitcoin Could Soon Find Resistance While the crypto industry was hit with a string of bad news, Bitcoin (BTC) has rallied hard over recent days. As of the time of writing this, the leading cryptocurrency is valued at a cool $8,800 per coin, with bulls managing to wrest BTC from the grasps of a correction, […]

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Bitcoin Price Analysis: Bullish Breakout Tests Macro Resistance

Summary: After a week and a half of consolidation, the bitcoin market finally broke north of its range. However, the weekly resistance band has yet to be broken and, unless we clear this level and flip it as support, there is a very strong chance we will actually reverse this breakout with a strong move […]

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Bitcoin (BTC) Price Turns Bearish: Bulls Could Face Resistance Near $7,800

Bitcoin price remained in a bearish zone and recently declined below $7,600 against the US Dollar. The price retested the $7,500 support area and it is currently consolidating losses. There is a key bearish trend line forming with resistance near $7,820 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair […]

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Bitcoin Price Analysis: Macro Resistance Could Push Price Down to $6,000s

Summary: The bitcoin market is seeing some pullback as the monthly and weekly resistance level has proven to be a tough level to crack. On the daily level we can see a couple of attempts to break the level, but ultimately this was matched with strong selling pressure. On bitcoin’s four-hour chart we can see […]

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Bitcoin [BTC] might consolidate under the resistance at $9,442 if the bottom was in, claims Tone Vays

Bitcoin [BTC] recently breached the $7,000-mark, creating a lot of spur in the crypto-community as the collective market rose to $200 billion in market cap. Tone Vays, a Bitcoin maximalist and analyst, shared his views on the current market scenario in a video on his official YouTube channel.. Vays stated that Bitcoin’s monthly charts looked […]

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Don’t Panic, Bitcoin “Nuking” $6,400 Resistance Is Extremely Bullish

Over recent hours, Bitcoin (BTC) has begun to slow, with bullish momentum falling off across the board. Yet, some say it may be a bit too early to call for a doomsday-esque scenario, which sees BTC fully retrace its sudden spike higher. Bitcoin Moving Past $6,400 When BTC paused at $6,000 just days ago, few […]

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Ethereum (ETH) Price Smashes Resistance: Bulls Target $220 or Higher

ETH price broke the main hurdle near the $178 and $180 resistance levels against the US Dollar. The price even broke the $200 resistance level before starting a downside correction. There is a major bullish trend line in place with support near $178 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair […]

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