Ripple Price Analysis: XRP Could Target Fresh Weekly Lows

Ripple price is struggling to gain momentum above the $0.3300 and $0.3320 resistances against the US dollar. There is a key bullish trend line formed with support at $0.3240 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could break to the downside if sellers push the price below $0.3200 and $0.3150. Ripple price is slowly moving into a bearish zone against the US Dollar and Bitcoin. XRP/USD could accelerate losses if buyers continue to struggle above $0.3300 in the near term. Ripple Price Analysis…

Ripple Price Analysis: XRP Targets Fresh Weekly Highs Above $0.3500

Ripple price found support above the $0.3100 level and recovered above $0.3300 against the US dollar. There was a break above a major bearish trend line with resistance at $0.3200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gains towards $0.3500 if there is a break above the $0.3360 resistance. Ripple price recovered nicely in the past few hours against the US Dollar and Bitcoin. XRP/USD may target the $0.3500 resistance if it breaks $0.3360 and $0.3400. Ripple Price Analysis Recently, we…

Bitcoin Price Weekly Analysis: BTC’s Bullish and Bearish Scenarios Analyzed

Bitcoin price declined recently and traded below the $3,725 support against the US Dollar. There is a short term breakout pattern forming with resistance near $3,650 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair may soon make the next move either above $3,650 or below $3,550 in the near term. Bitcoin price faced an increased selling pressure below $3,700 against the US Dollar. BTC/USD is aligned for the next break either bullish above $3,650 or bearish below $3,550. Bitcoin Price Analysis This past week,…

Ethereum Price Weekly Analysis: ETH Could Accelerate Losses Below $121

ETH price declined heavily this past week below the $146 and $130 supports against the US Dollar. There is a crucial bearish trend line formed with resistance at $138 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses if sellers push the price below $121 and $120 in the near term. Ethereum price is trading in a bearish zone versus the US Dollar and Bitcoin. ETH/USD could accelerate losses towards $112 or $108 if there is a break below $121.…

Bitcoin Price Weekly Analysis: BTC Approaching Significant Break

Key Points Bitcoin price failed to gain momentum above $3,900 and declined recently against the US Dollar. There is a major contracting triangle formed with support at $3,765 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is approaching the next significant break either above $3,850 or below $3,750. Bitcoin price is trading near important support levels against the US Dollar. BTC/USD may soon make the next move either above $4,000 or below $3,500. Bitcoin Price Analysis This past week, bitcoin price moved higher above…

Ethereum Price Weekly Analysis: ETH Could Surge Toward $180

Key Highlights ETH price remained in a solid uptrend and it could trade above $170 and $180 against the US Dollar. There is a crucial bullish trend line formed with support at $148 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could resume its upward move and it may soon clear the $162 and $170 resistances. Ethereum price is slowly gaining momentum versus the US Dollar and Bitcoin. ETH/USD may correct lower in the short term, but dips remain supported. Ethereum Price Analysis This past week,…

Bitcoin Price Weekly Analysis: BTC Holding Key Uptrend Support

Key Points Bitcoin price declined recently towards the $3,560 support area against the US Dollar. There is a key bullish trend line formed with support $3,680 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently holding a crucial support and it could bounce back above $3,800 and $3,900. Bitcoin price is holding the key uptrend support near $3,600 against the US Dollar. BTC/USD is likely to resume its upward move above $4,000 in the near term. Bitcoin Price Analysis This past week, bitcoin…

Ethereum Price Weekly Analysis: ETH Facing Strong Resistance Near $140

Key Highlights ETH price started a major upward move after forming a low at $112.80 against the US Dollar. There was a break above a major bearish trend line with resistance at $122 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is now placed in a positive zone, but it is struggling to clear the $142 resistance area. Ethereum price moved back higher versus the US Dollar and Bitcoin. ETH/USD must surpass the $142 resistance to continue higher in the near term. Ethereum Price Analysis This…

Bitcoin Price Weekly Analysis: BTC Primed To Test $5,000

Key Points Bitcoin price gained pace recently and broke the $3,580 and $3,780 resistances against the US Dollar. There is a major symmetrical triangle forming with resistance at $4,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely to break the $4,080 and $4,150 resistance levels to rally towards $4,500 or $5,000. Bitcoin price is placed in an uptrend above $3,580 against the US Dollar. BTC/USD is likely to extend the current bullish wave towards $4,500 or $5,000. Bitcoin Price Analysis This past…

Ethereum Price Weekly Analysis: ETH Breaks $125, Could Test $140

Key Highlights ETH price surged higher and broke the $115 and $125 resistance levels against the US Dollar. There is a major bullish trend line formed with support at $114 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains in a solid uptrend and it could continue to rise towards the $135 or $140 level. Ethereum price gained a lot of bids versus the US Dollar and Bitcoin. ETH/USD broke the $125 resistance and it may now climb towards the $140 level. Ethereum Price Analysis This…