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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

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

Ripple Price Technical Analysis – XRP/USD is Facing Uphill Task

Key HighlightsRipple price declined below the $0.9500 support area yesterday against the US dollar.There are two important bearish trend lines forming with resistance at $0.9400 and $1.00 on the hourly chart of the XRP/USD pair (data source from SimpleFx).The pair is currently correcting higher, but it is likely to face a lot of sellers on the upside near 0.9500.Ripple price declined further durin

Ethereum Price Technical Analysis – Can ETH/USD Recover Further?

Key HighlightsETH price declined further and traded as low as $806 against the US Dollar before starting a recovery.There is a major bearish trend line forming with resistance at $850 on the hourly chart of ETH/USD (data feed via SimpleFX).The pair is currently correcting higher, but it is facing many resistances such as $850 and $875.Ethereum price fell sharply against the US Dollar and Bitcoin.

Bitcoin Cash Price Technical Analysis – BCH/USD Correcting Higher

Key PointsBitcoin cash price declined further and traded towards the $1,250 support against the US Dollar.There is a new bearish trend line forming with resistance at $1,320 on the hourly chart of BCH/USD (data feed from SimpleFX).The pair is currently correcting higher, but it could face sellers near the $1,320 and $1,350 levels.Bitcoin cash price faced an increased selling pressure against the U

Ripple Price Technical Analysis – XRP/USD Declines Below $1.00

Key HighlightsRipple price struggled to gain momentum above $1.15 and declined sharply against the US dollar.There is a crucial bearish trend line forming with current resistance at $1.02 on the hourly chart of the XRP/USD pair (data source from SimpleFx).The pair is currently trading well below the $1.00 support and it remains at a risk of more declines.Ripple price is under a lot of bearish pres

Ethereum Price Technical Analysis – ETH/USD Nosedives Below $900

Key HighlightsETH price failed to gain pace above $940 and declined sharply against the US Dollar.There was a break below a major bullish trend line with support at $925 on the hourly chart of ETH/USD (data feed via SimpleFX).The pair is now trading below the $900 level and it seems like the price may struggle to correct higher.Ethereum price declined sharply against the US Dollar and Bitcoin. ETH

Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Down

Key PointsBitcoin cash price declined sharply and broke a major support area near $1,450 against the US Dollar.There was a break below two bullish trend lines at $1,505 and $1,450 on the hourly chart of BCH/USD (data feed from SimpleFX).The pair traded as low as $1,312 and it is currently correcting higher.Bitcoin cash price has moved back into the bearish zone against the US Dollar. BCH/USD is li

Ethereum Classic Price Technical Analysis – ETC/USD Surges above $40

Key HighlightsEthereum classic price surged higher this week and moved above the $40.00 resistance against the US dollar.There is a connecting bullish trend line forming with support at $40.10 on the hourly chart of the ETC/USD pair (Data feed via SimpleFX).The pair may decline a few points in the short term, but it remains supported above $38.00.Ethereum classic price is super bullish against the

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