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Bitcoin Price Watch: BTC/USD’s Bullish Scenario

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Bitcoin Price Watch: BTC/USD’s Bullish Scenario

Key Points Bitcoin price moved higher and broke the $8,300 resistance level against the US Dollar. There is a significant ascending channel formed with support at $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to accelerate gains above $8,650 if it continues to follow the ascending

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Cardano Price Analysis: ADA/USD Bullish Above $0.2500

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Cardano Price Analysis: ADA/USD Bullish Above $0.2500

Key Highlights ADA price started an upside move and traded above the $0.2500 resistance against the US Dollar (tethered). There is a major bullish trend line formed with support at $0.2480 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains well supported for more gains above the $0.2480 and

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Ripple Price Analysis: XRP/USD Could Extend Upsides

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Ripple Price Analysis: XRP/USD Could Extend Upsides

Key Highlights Ripple price is slowly on the move and is currently trading above the $0.6800 resistance against the US dollar. There is a crucial ascending channel forming with support at $0.6850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently placed nicely in an uptrend and it

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Ethereum Price Analysis: Can ETH/USD Continue Higher?

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Ethereum Price Analysis: Can ETH/USD Continue Higher?

Key Highlights ETH price gained traction and moved above the $690 and $700 resistance levels against the US Dollar. There is a key connecting bullish trend line formed with support at $704 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to stay above the $704 support and the 100 hourly

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Bitcoin Cash Price Analysis: Can BCH/USD Hold Gains?

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Bitcoin Cash Price Analysis: Can BCH/USD Hold Gains?

Key Points Bitcoin cash price recovered and managed to move above the $1,250 resistance against the US Dollar. There is a key bullish trend line forming with support at $1,255 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may continue to rise, but it could correct lower to test

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Bitcoin Price Weekly Analysis: BTC/USD Testing Crucial Resistance

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Bitcoin Price Weekly Analysis: BTC/USD Testing Crucial Resistance

Key Points Bitcoin price stayed above the $8,000 support level and recovered against the US Dollar. There is a monster bearish trend line forming with resistance at $8,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair has to move above the trend line and settle above $8,300-8,400 for more

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Ethereum Price Weekly Analysis: ETH/USD Sellers in Check

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Ethereum Price Weekly Analysis: ETH/USD Sellers in Check

Key Highlights ETH price is slowly on the rise above the $675 support zone with positive signs against the US Dollar. There is a monster contracting triangle forming with current resistance near $712 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair has to break the triangle resistance and settle above $712

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Bitcoin Cash Price Weekly Analysis: BCH/USD Recoveries Remain Limited

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Bitcoin Cash Price Weekly Analysis: BCH/USD Recoveries Remain Limited

Key Points Bitcoin cash price got bid near the $1.130 level and started a recovery against the US Dollar. There is a crucial bearish trend line forming with resistance near $1,320 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair may continue to rise in the short term, but it

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Bitcoin Price Watch: BTC/USD Struggling Near $8,500

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Bitcoin Price Watch: BTC/USD Struggling Near $8,500

Key Points Bitcoin price found support above $8,000 and recovered nicely against the US Dollar. There is a breakout pattern forming with resistance near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair has to move above the $8,500 resistance the 100 hourly simple moving average to gain momentum.

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Ethereum Classic Price Analysis: ETC/USD Consolidating Above $17

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Ethereum Classic Price Analysis: ETC/USD Consolidating Above $17

Key Highlights Ethereum classic price is holding a major support area near $16.80 against the US dollar. There is a short-term ascending channel forming with support at $17.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair may climb higher in the near term as long as it stays above

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