Bitcoin recovers

14 November, 2017

Bitcoin price managed to breach 6500.00 level and hold above it, to activate the bullish trend scenario again and confirms stopping the bearish correction that dominated the recent trades, paving the way to head towards 7590.00 as a next main station, noting that breaching 6710.00 will ease the mission of achieving the mentioned target.

Therefore, the bullish trend will be suggested in the upcoming period supported by the price return to the bullish channel that appears on chart, noting that breaking 6500.00 will push the price to test 5825.90 areas again before any new attempt to rise.

Expected trading range for today is between 6500.00 support and 7200.00 resistance. Expected trend for today: Bullish


Source link  
Bitcoin Cash holds key support near $440

Bitcoin cash price traded lower recently and tested the $440 support against the US Dollar. There was a break above a short-term declining...

Ethereum Classic Rising Steadily

Ethereum classic price is slowly recovering from the $8.90 swing low against the US dollar. This week's followed important ascending channel...

Ripple Price Surging Toward $0.50

Ripple price is gaining strength and it recently broke the $0.4600 resistance against the US dollar. There was a break above a major triangle resistance at...


Bitcoin rises to $6450 as market stabilizes

Over the past 72 hours, the cryptocurrency market experienced one of its wildest fluctuations in recent years, triggered by the sudden increase...

Bitcoin Will Breakout in 2019

Despite recently retracting his bullish claims that Bitcoin will surpass $10,000 by year's end, Mike Novogratz still expressed that institutions...

Cardano Surging Towards $0.090

ADA price formed a decent support near the $0.0700 level and rallied recently against the US Dollar (tethered). There was a break


Bitcoin Surges to $7500 on Bitfinex

The price of Bitcoin has surged from $6,300 to $7,500 on Bitfinex, a major cryptocurrency exchange that reportedly operates Tether LLC, a firm that...

Ethereum Upsides Capped Near $198

ETH price declined further and traded towards the $180 level against the US Dollar. There was a break below a key contracting triangle with support at $194...

Bitcoin Dips to $6250: Factors and Trends

Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH) have declined by 12 to 13 percent over the past 24 hours, as Bitcoin recorded a sudden

  


Share: