Ethereum Sets New ATH, Why Dips Remain Attractive In Near-Term

Ethereum extended its rally and it traded to a new all-time high near $3,550 against the US Dollar. ETH price is correcting gains, but it is likely to remain well bid near $3,400. Ethereum extended its rally above $3,500 and it traded to a new all-time high near $3,550. The price is now trading well above $3,400 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $3,390 on the hourly chart of ETH/USD (data feed via Kraken). The pair is correcting…

Bitcoin Reclaims 100 SMA, Here’s Why BTC Could Surge above $58K

Bitcoin price started a decent increase above the $56,000 resistance against the US Dollar. BTC is showing positive signs and it could aim a break above $58,000. Bitcoin formed a support above $54,000 and it recovered above the $56,000 zone. The price is now trading above the $56,000 level and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $54,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair traded as high as $57,994 and…

Creator Of Flawless Top Indicator Says Bitcoin Isn’t Done, Despite Signal

One of the biggest arguments going on across crypto right now, is whether or not Bitcoin price action has topped out for this cycle. After a tremendous run, a peak could very well be here, and there are several indicators that back up this theory. The creator of one of those indicators, and one that boasts a flawless track record, believes that although the signal has appeared, there’s room for another – later rally that will cause the signal to show once again sooner than expected. Picking Out Peaks In…

Dogecoin (DOGE) Surges 50%, Here’s Why The Bulls Are Not Done Yet

Dogecoin remained strong and it rallied further above $0.5000 against the US Dollar. DOGE surged over 50% and it traded to a new all-time high above $0.6500. DOGE extended its rally and it cleared the $0.5000 and $0.5500 resistance levels against the US dollar. The price is trading well above the $0.5000 zone and the 100 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.4800 on the 4-hours chart of the DOGE/USD pair (data source from Bitfinex). The pair is likely to continue…

Ethereum Corrects Gains, Here’s What Could Trigger Fresh Rally

Ethereum extended its rally and it traded to a new all-time high above $3,520 against the US Dollar. ETH price is correcting gains, but it is likely to start a fresh rally above $3,400. Ethereum extended its rally above $3,500 and it traded to a new all-time high near $3,525. The price is now trading well above $3,200 and the 100 hourly simple moving average. There is a crucial breakout pattern forming with support near $3,260 on the hourly chart of ETH/USD (data feed via Kraken). The pair could either…

Bitcoin Extends Decline, Here’s Why BTC Remains At Risk Below $56K

Bitcoin price extended its decline and tested the $53,000 zone against the US Dollar. BTC is correcting higher, but it is facing a lot of hurdles near $55,000 and $56,000. Bitcoin remained in a short-term bearish zone and it extended its decline to $53,000. The price is now trading well below the $56,000 level and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $55,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct higher,…

Forget Lightning, Litecoin Is About To Strike Twice Against Bitcoin

Litecoin is cleared for takeoff after a brutal downtrend against Bitcoin and the dollar. Could the cryptocurrency known as digital silver be the next altcoin to pop like Ethereum, Dogecoin, and the rest of the pack? Here’s a closer look at the technical signals suggesting a change in the tides is here – a reversal that could cause lighting in the LTCBTC trading pair to strike for a second time. The Long Running Deviation Between Digital Silver And Gold The digital gold narrative has fueled much of Bitcoin’s growth over…

Dogecoin (DOGE) Beats Bitcoin, Why It Could Test $0.5

Dogecoin extended its rally above the $0.4000 resistance against the US Dollar. DOGE tested the $0.4500 zone and it is likely to continue higher in the near term. DOGE gained bullish momentum above the $0.3500 and $0.4000 resistance levels against the US dollar. The price is trading nicely above the $0.3000 support and the 100 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $0.3600 on the 4-hours chart of the DOGE/USD pair (data source from Bitfinex). The pair is correcting gains, but dips…

Ethereum Rally Extends Above $3,400, Why Dips Remain Attractive

Ethereum extended its rally and it traded to a new all-time high above $3,450 against the US Dollar. ETH price is correcting gains, but it is likely to remain well bid above $3,100. Ethereum remained in a strong uptrend and it broke the $3,400 level. The price is now trading well above $3,200 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $3,220 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct lower, but the bulls…

Bitcoin Trims Gains, Here’s Why The Bulls Could Struggle Near $57K

Bitcoin price failed to continue higher towards $60,000 against the US Dollar. BTC declined sharply and tested the $54,500 support zone, where the bulls took a stand. Bitcoin failed to extend gains and it formed a short-term top near the $59,000 level. The price is now trading well below the $57,000 level and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $57,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct losses,…