Articles by Aayush Jindal

Key Points Bitcoin cash price recovered from the $301 low but faced a major hurdle against the US Dollar. There is a crucial bearish trend line with resistance at $475 forming on the 4-hours chart of BCH/USD (data feed from Kraken). The pair might continue to struggle to break the $450-475 resistance in the near … Continue reading Bitcoin Cash Price Weekly Analysis – BCH/USD Facing Uphill Task

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Key Points Bitcoin price has started a recovery from the $2965 low against the US Dollar and already moved above $3500. There is a monster bearish trend line with resistance near $3850 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair has to break the 43850-4000 resistance to gain momentum in the … Continue reading Bitcoin Price Weekly Analysis – Can BTC/USD Break This?

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Key Highlights ETH price after a major correction towards $199.75 found support against the US Dollar and started a recovery. There was a break above a major bearish trend line with resistance near $280.00 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might continue to trade higher and could even trade … Continue reading Ethereum Price Weekly Analysis – ETH/USD Recovery Looks Real

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Key Highlights ETH price struggled to move higher and broke an important support at $284 against the US Dollar. Yesterday’s highlighted declining channel pattern with support near $270 on the hourly chart of ETH/USD (data feed via SimpleFX) was broken. The price might continue to decline and could even trade towards the $240 level. Ethereum … Continue reading Ethereum Price Technical Analysis – ETH/USD May Retest $240

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Key Highlights Ripple price failed to move higher and traded below the $0.1750 support against the US Dollar. There are two key bearish trend lines forming with resistance near $0.1800 and $0.1880 on the hourly chart of XRP/USD (data source from Kraken). The price might correct a few points higher, but upsides remain capped by … Continue reading Ripple Price Technical Analysis – XRP/USD Extends Decline

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Key Points Bitcoin cash price struggled to remain in the bullish zone and moved below $500 against the US Dollar. There was a break below a major bullish trend line with support near $475 on the hourly chart of BCH/USD (data feed from Kraken). The price is just holding the $410-420 support area, but remains … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Dives Once Again

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Key Highlights ETH price is currently testing an important support near $278-276 against the US Dollar. There is a new declining channel pattern with support near $276 forming on the hourly chart of ETH/USD (data feed via SimpleFX). There is also a bullish trend line with support around $276, which points importance of the mentioned … Continue reading Ethereum Price Technical Analysis – ETH/USD Testing Important Support

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Key Highlights Ripple price failed to gain pace and is currently trading below the $0.1900 level against the US Dollar. Yesterday’s highlighted major bearish trend line with current resistance at $0.1900 on the hourly chart of XRP/USD (data source from Kraken) is still active. The price is now below $0.1850 and the 100 hourly simple … Continue reading Ripple Price Technical Analysis – XRP/USD Decline Underway

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Key Highlights ETH price was not able to move above the $298 level against the US Dollar and traded lower. Yesterday’s highlighted contracting triangle pattern with support at $282 on the hourly chart of ETH/USD (data feed via SimpleFX) was breached. If the recent downside break is real, the price might trade towards the $268-270 … Continue reading Ethereum Price Technical Analysis – ETH/USD Broke Key Support?

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Key Highlights Ripple price is struggling to move above the $0.1950 resistance against the US Dollar. There is a major connecting bearish trend line forming with resistance at $0.1950 on the hourly chart of XRP/USD (data source from Kraken). The price has to move above the $0.1950 and $0.2000 resistance levels to gain momentum. Ripple … Continue reading Ripple Price Technical Analysis – XRP/USD Needs To Retake $0.2000

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