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Bitcoin Price Weekly Analysis – Can BTC/USD Hold $9,000?

Key PointsBitcoin price declined this past week and moved below the $10,000 level against the US Dollar.There was a break below a major bullish trend line with support at $10,350 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX).The pair must stay above the $9,300 and $9,000 support levels to avoid further declines in the near term.Bitcoin price is under pressure below the $10,000

Ethereum Price Weekly Analysis – ETH/USD Bearish Below $870

Key HighlightsETH price declined recently and moved below the $860 support level against the US Dollar.There is an expanding triangle forming with resistance at $870 on the 4-hours chart of ETH/USD (data feed via SimpleFX).The pair may continue to decline as long as it is below the $870 resistance level.Ethereum price is struggling to move higher against the US Dollar and Bitcoin. ETH/USD could ex

Bitcoin Cash Price Weekly Analysis – BCH/USD to Decline Further

Key PointsBitcoin cash price started a fresh decline this past week and moved below $1,250 against the US Dollar.There is a major bearish trend line forming with resistance at $1,310 on the 4-hours chart of the BCH/USD pair (data feed from SimpleFX).The pair may continue to decline and it could even break the $1,100 support in the near term.Bitcoin cash price is struggling to recover against the U

Altcoin Analysis: NEO, EOS, LTC, DASH and Lumens (XLM)

We are seeing a change of fortune as far as price action and altcoins is concerned. LTC, Lumens and DASH are on the fore front printing clear bull patterns that awaits confirmations today.Besides these three, we remain neutral on EOS unless we see a close above $9.5 while NEO is also encouraging as scalpers can enter this trade and aim at $130 in the short term.Let’s have a look at these charts:

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, Feb. 23

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTCexchange.Sanction-hit Venezuela started the pre-sale of its oil backed cryptocurrency Petro on Feb. 20. Just a da

Cardano Price Technical Analysis – ADA/USD Bearish Below $0.35

Key HighlightsADA price is struggling to recover and it recently declined below the $0.3200 level against the US Dollar (tethered).There is a major declining channel forming with resistance at $0.3205 on the hourly chart of the ADA/USD pair (data feed via Bittrex).The pair is currently correcting higher, but it may face a lot of resistance near $0.3250 and $0.3500 in the near term.Cardano price de

Ripple Price Technical Analysis – XRP/USD Tumbles Further

Key HighlightsRipple price could not hold the $0.9000 support and moved below the $0.8400 level against the US dollar.There is a key bearish trend line forming with resistance at $0.8700 on the hourly chart of the XRP/USD pair (data source from SimpleFx).The pair is trading around the $0.8400 level and is currently trading with a bearish bias.Ripple price failed to move higher and declined against

Bitcoin Cash Price Technical Analysis – BCH/USD Breaks $1,200

Key PointsBitcoin cash price did not correct higher and declined below the $1,200 support against the US Dollar.There are two bearish trend lines forming with resistance at $1,250 and $1,280 on the hourly chart of BCH/USD (data feed from SimpleFX).The pair may decline more in the near term and it could even break the $1,100 support level.Bitcoin cash price declined further below $1,200 against the

Bitcoin Price Technical Analysis for 02/23/2018 – Short-Term Reversal Signal

Bitcoin Price Key HighlightsBitcoin price recently formed a head and shoulders pattern on its 1-hour chart.Price has broken below the neckline to show that a downtrend is underway.The chart pattern spans more than $1,000 in height so the resulting selloff could be of the same size.Bitcoin price broke below a short-term head and shoulders pattern to signal that more losses are in the cards.Technica

Ethereum Classic Price Technical Analysis – Can ETC/USD Reclaim $36?

Key HighlightsEthereum classic price declined sharply after trading above the $42.00 level against the US dollar.There is a major bearish trend line forming with resistance at $35.20 on the hourly chart of the ETC/USD pair (Data feed via SimpleFX).The pair is currently correcting higher, but it has to move above $36.00 to gain upside momentum.Ethereum classic price declined this week from highs ag

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