TA: Bitcoin Reaches Key Juncture, Why Recovery Won’t Be Easy

Bitcoin traded towards $41,200 before recovering against the US Dollar. BTC must clear $42,800 to start a fresh increase in the near term. Bitcoin extended decline and traded below the $42,000 support zone. The price is still trading below $43,000 and the 100 hourly simple moving average. There is a crucial bearish trend line forming … Read moreTA: Bitcoin Reaches Key Juncture, Why Recovery Won’t Be Easy

TA: Ethereum Revisits Key Support, Why Recovery Could be Capped

Ethereum extended decline below the $3,300 support zone against the US Dollar. ETH price could recover from $3,120, but it might face hurdles near $3,250. Ethereum extended decline below the $3,300 and $3,250 support levels. The price is trading below $3,250 and the 100 hourly simple moving average. There is a key bearish trend line … Read moreTA: Ethereum Revisits Key Support, Why Recovery Could be Capped

TA: Ethereum Gearing For Another Lift-Off to $3,500: Recovery Isn’t Over Yet

Ethereum started a downside correction from $3,400 against the US Dollar. ETH price is holding the $3,250 support and eyes a fresh increase above the $3,320 resistance. Ethereum started a downside correction from the $3,400 resistance zone. The price is trading above $3,250 and the 100 hourly simple moving average. There was a break below … Read moreTA: Ethereum Gearing For Another Lift-Off to $3,500: Recovery Isn’t Over Yet