Ethereum Price Holds Strong at $1,250: A Strengthening Case for Upside

Ethereum Price Holds Strong at $1,250: A Strengthening Case for Upside

Ethereum spiked above the $1,300 resistance zone against the US Dollar. ETH is correcting gains, but it remains supported near $1,250 and $1,230. Ethereum gained pace for a move above $1,300 before the bears appeared. The price is now trading above $1,250 and the 100 hourly simple moving average. There was a break below a […]

Bitcoin Price Starts Technical Correction, Here’s Key Support To Watch

Bitcoin Price Starts Technical Correction, Here’s Key Support To Watch

Bitcoin price traded above the $17,000 resistance. BTC is correcting gains and might decline towards the $16,650 support zone in the near term. Bitcoin gained pace and cleared the $17,000 and $17,200 resistance levels. The price is trading above $16,650 and the 100 hourly simple moving average. There was a break below a major bullish […]

Bitcoin Hits $17,000, But Is It Too Early To Call The All Clear On The Bear Market?

Bitcoin Hits $17,000, But Is It Too Early To Call The All Clear On The Bear Market?

Bitcoin is retracing its recent week losses, and it’s about to reclaim the support lost during the FTX debacle. The number one crypto by market capitalization is displaying some short-term strength as macroeconomic conditions continue to improve.  Other cryptocurrencies in the crypto top 10 by market cap are seeing profits. Dogecoin (DOGE) and Ethereum (ETH) […]