Bitcoin price is trading above the $6,520 support zone against the US Dollar. BTC/USD looks set to clear the all-important $6,660 resistance to trade higher.
Bitcoin is attempting an upside break above the $6,660 resistance level.
BTC/USD is likely to break a major contracting triangle with resistance at $6,550 on the 2-hours chart.
Litecoin price is struggling to clear the $58.00-60.00 resistance against the US Dollar. LTC/USD is likely to break the downtrend resistance for more gains towards $65.00.
Key Talking Points
Litecoin price is still holding the $560.00 support area with bearish moves (Data feed of Kraken) against the US Dollar.
This week’s followed crucial bearish trend line is...
Chart for ETC/BTC (1D)
As developers express concerns over the centralized nature of dApp development and deployment on Ethereum (ETH), dApp popularity on the Ethereum Classic (ETC) blokchain has just doubled in two months. Ethereum Classic (ETC) has taken a more practical approach to dApp development compared to Ethereum (ETH), one that is more focused on...
NEO/USD – SHORT TERM – 4HR CHART
NEO has seen a small +2.24% price increase over the past 24 hours of trading. The cryptocurrency is currently exchanging hands at a price of $19.16 after suffering a 30-day price decline of 4.74%.
NEO had experienced at 83% price increase between August 14th and September 4th.
The market has rolled over and has...
Bitcoin price failed to gain momentum above the $6,750 level and started a downside move against the US Dollar. BTC/USD declined heavily and moved below the $6,650 and $6,550 support levels to turn short-term bearish.
The 2-hours chart of BTC price indicates that buyers struggled to keep bitcoin above the $6,600 support and settled below the 100 simple moving...