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Bitcoin Cash Price Analysis: BCH/USD Extending Downside Correction

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Bitcoin Cash Price Analysis: BCH/USD Extending Downside Correction

Key Points Bitcoin cash price declined further and broke the $470 and $460 support levels against the US Dollar. Yesterday’s highlighted contracting triangle with support at $486 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is following a bearish path and it could continue to move down

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Bitcoin Price Watch: BTC Holds Bullish Bias Above $6,550

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Bitcoin Price Watch: BTC Holds Bullish Bias Above $6,550

Key Points Bitcoin price is consolidating above the $6,590 and $6,550 support levels against the US Dollar. There is a short-term declining channel in place with resistance at $6,720 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair has to surpass the $6,720 and $6,750 levels to move towards $6,850

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Cardano Price Analysis: ADA/USD Could Test $0.10

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Cardano Price Analysis: ADA/USD Could Test $0.10

Key Highlights ADA price is moving in a positive zone above the $0.0850 level against the US Dollar (tethered). There is a major bullish trend line in place with support at $0.0870 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to move towards $0.1000 and $0.1050 as

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Ripple Price Analysis: XRP/USD Remains In Major Uptrend

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Ripple Price Analysis: XRP/USD Remains In Major Uptrend

Key Highlights Ripple price surged higher and settled above the 0.5000 resistance against the US dollar. There is a short-term connecting bearish trend line in place with resistance at 0.6000 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may break the $0.6000 level in the near term to test

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Ethereum Price Analysis: ETH/USD Eyeing Break Above $254

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Ethereum Price Analysis: ETH/USD Eyeing Break Above $254

Key Highlights ETH price is placed nicely above the $240 support area with positive signs against the US Dollar. There is a new contracting triangle forming with support near $240 on the hourly chart of ETH/USD (data feed via Kraken). The pair may well break the $247 and $250 resistance levels to trade to a

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Bitcoin Cash Price Analysis: BCH/USD Could Surpass $500-510

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Bitcoin Cash Price Analysis: BCH/USD Could Surpass $500-510

Key Points Bitcoin cash price is consolidating gains above the $470 support level against the US Dollar. There is a contracting triangle forming with support at $485 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may continue to consolidate before buyers make an attempt to surpass $500 and $510.

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Bitcoin Price Weekly Analysis: BTC/USD Turned Short-term Bullish

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Bitcoin Price Weekly Analysis: BTC/USD Turned Short-term Bullish

Key Points Bitcoin price traded higher and cleared the $6,580-6,600 resistance zone against the US Dollar. There is a key bullish trend line in place with support at $6,550 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently correcting lower, but it could find support near the $6,600

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Ethereum Price Weekly Analysis: ETH/USD Uptrend Is Intact

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Ethereum Price Weekly Analysis: ETH/USD Uptrend Is Intact

Key Highlights ETH price is trading with a positive bias above the $220 level against the US Dollar. There is a major bullish trend line formed with support at $224 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is currently struggling to break the $252 resistance and is correcting lower. Ethereum

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Bitcoin Price Watch: BTC Surges Above $6,600, Next Target $6,850

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Bitcoin Price Watch: BTC Surges Above $6,600, Next Target $6,850

Key Points Bitcoin price is trading with a bullish angle above the $6,430 level against the US Dollar. There was a clear break above a major bearish trend line with resistance at $6,435 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair recently managed to surpass a major resistance near

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Ripple Price Analysis: XRP/USD Rally Looks Real, Next Target $0.52

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Ripple Price Analysis: XRP/USD Rally Looks Real, Next Target $0.52

Key Highlights Ripple price rallied sharply and broke the $0.4000 and $0.4600 resistances against the US dollar. There was a break above a key contracting triangle with resistance at $0.3350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently consolidating gains above the $0.4400 and $0.4200 support levels

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