Discover Top Posts Tagged with #upside correction

Ethereum Price Weekly Analysis: ETH/USD’s Upsides Capped Near $320

Key Highlights

ETH price corrected higher recently and traded above $310 and $315 against the US Dollar.

There is a key connecting bearish trend line in place with current resistance at $311 on the 4-hours chart of ETH/USD (data feed via Kraken).

The pair has to break the $311 and the $320 resistance levels for more upsides in the near term.

Ethereum price failed to remain in a positive zone…

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#chart #next move #upside correction

Bitcoin Price Watch: BTC/USD’s Support Turned Resistance at $7,260

Key Points

Bitcoin price recovered and moved above the $7,000 handle against the US Dollar.

There is a crucial bearish trend line in place with resistance at $7,260 on the hourly chart of the BTC/USD pair (data feed from Kraken).

The pair has to move past the $7,260 hurdle and the 100 hourly simple moving average for more gains.

Bitcoin price is slowly recovering above $7,000 against the US…

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#chart #many resistances #upside correction

Ethereum Price Analysis: ETH/USD Facing Key Hurdle

Key Highlights

ETH price recovered a few points, but faced sellers near $445 against the US Dollar.

Yesterday’s highlighted important bearish trend line is intact with resistance at $447 on the hourly chart of ETH/USD (data feed via Kraken).

The pair may continue to struggle as long as it is below the $445 and $448 resistance levels.

Ethereum price is under pressure against the US Dollar and…

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#chart #likely to struggle #upside correction

Bitcoin Price Weekly Analysis: Can BTC/USD Gain Traction?

Key Points

Bitcoin price is currently consolidating around the $6,500 level against the US Dollar.

The BTC/USD pair is currently attempting an upside break above a declining channel with resistance at $6,500 on the 4-hours chart (data feed from Kraken).

The pair may move a few points higher, but there are many hurdles on the upside near the $6,800 level.

Bitcoin price is stable above the $6,400…

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#chart #found support #upside correction

#upside correction

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