Technical Analysis

Technical Analysis

Merkado

Bitcoin Struggles Below $30K; Next Support at $27K

Bitcoin is down 5% over the past 24 hours.

Bitcoin daily price chart

Merkado

Bitcoin Drops Below $30K for First Time in 4 Weeks

Wall Street is seeing "too much froth" and current virus jitters are triggering widespread panic selling of every top performing asset, including bitcoin, said one analyst.

CoinDesk 20 Index

Merkado

Bitcoin Trending Lower With Possible Break of $30K Support

If $30,000 is broken, the next level of support is seen around $27,000.

Bitcoin four-hour chart

Merkado

XRP Eyes 'Death Cross,' Has Support at $0.51

Previous "death crosses" have marked major or interim price bottoms.

XRP

Merkado

Bitcoin Under Pressure, Faces Support at $30K

Contracting Bollinger bands suggest a big move is overdue.

Bear

Merkado

Ether Erases Early Losses, Faces Resistance Above $2K

"We would add exposure if ether can confirm a breakout above its 50-day MA," one chart analyst said.

ether charts

Merkado

Bitcoin's Range Play Likely to End With Bullish Breakout: Analyst

"Intermediate-term momentum has been improving based on the MACD histogram," one analyst said.

bull, run

Merkado

Bitcoin Listless as New 'Bearish Crossover' Looms

Bitcoin's long-term moving averages are about to produce yet another bearish crossover.

Annotated bitcoin daily price chart.

Merkado

Bitcoin Sell-Off Could Stabilize Around $30K Support

Sellers are in control after bitcoin broke below a series of higher price lows from the June 22 shakeout around $29,000.

Bitcoin four-hour chart