Tag Archives for " Swing "

Ethereum Classic Price Technical Analysis – ETC/USD Remains Buy

Key Highlights Ethereum classic price is moving nicely above the $26.00 support level against the US Dollar. There is a crucial contracting triangle forming with support at $26.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair might soon make the next move and will most likely break the $28.00 […]

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Bitcoin Cash Price Weekly Analysis – BCH/USD Struggling Above $1500

Key Points Bitcoin cash price is following a decreasing slope and is facing sellers near $1480-1500 against the US Dollar. There are two major bearish trend lines forming with resistance at $1410 and $1440 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair is currently moving down and is approaching the $1150-1100 […]

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CBOE Announces Increased Bitcoin Futures Margins Amid Market Manipulation Worries

Matthew Tompkins · December 9, 2017 · 2:00 pm With CBOE set to roll out Bitcoin futures trading Monday morning, the exchange announced this week that the margin requirements have risen from 33% to 44% due to Bitcoin’s recent extreme volatility. As Bitcoin finished a tumultuous trading week, with coin prices climbing from $11,000 to […]

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Futures Trading Will Intensify Bitcoin’s Volatility

Julio Gil-Pulgar · December 9, 2017 · 8:45 pm Bitcoin is intrinsically volatile due to many factors. One of them is Bitcoin’s inelastic nature. On top of that, experts now forecast that the upcoming futures trading will further exacerbate Bitcoin’s volatility. As a result, cryptocurrency exchanges are already taking precautionary measures. Bitcoin’s Volatility About to […]

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Ethereum Classic Price Technical Analysis – ETC/USD Under Pressure

Key Highlights Ethereum classic price declined recently and traded below the $26.00 support area against the US Dollar. There is a major bearish trend line forming with resistance near $27.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair traded as low as $24.01 recently and it is currently correcting […]

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Ripple Price Technical Analysis – Can XRP/USD Hold $0.2200-0.2100?

Key Highlights Ripple price declined further and failed to stay above the $0.2300 level against the US Dollar. Yesterday’s highlighted major bearish trend line with current resistance at $0.2400 is intact on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to struggle and it will be difficult for […]

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Ethereum Price Technical Analysis – ETH/USD Struggle Continues

Key Highlights ETH price continues to face selling pressure below the $425 pivot level against the US Dollar. There are two key bearish trend lines forming with resistance around $420 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently under pressure and it is following a bearish path below $428. […]

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Bitcoin Gold Price Technical Analysis – BTG/USD Approaching Support

Key Points Bitcoin gold price failed above $305 and started a downside move against the US Dollar. This is a crucial bearish trend line forming with resistance near $285 on the hourly chart of BTG/USD (data feed from Bitfinex). The price might extend its decline and will most likely test the $250-260 support zone in […]

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