Technical Analysis

Technical Analysis

Markets

Bitcoin Rallies Towards $60K Resistance, Short-Term Support Seen at $56K

Bitcoin's rally reignited the short-term trend and will now test resistance around $60K as it eyes all-time-highs.

Bitcoin Hourly Chart

Markets

Bitcoin Stalls at $57K Resistance, Lower Support Around $53K

“Short-term momentum remains positive, but far less so than in February,” writes one analyst.

Bitcoin hourly chart

Markets

XRP Jumps as Bullish 'Golden Cross' Pattern Appears in Price Chart

It's often a bullish indicator when the the 50-week moving average crosses above the 100-week, but traders can get trapped on the wrong side of the market.

(PhotoMosh)

Markets

Bitcoin Holds Short-Term Support at $54K, Resistance Seen at $58K: Technical Analysis

Bitcoin is oversold and at trend support on intraday charts, but still faces heavy resistance around $58,000.

Bitcoin 4-hour trend support

Markets

Bitcoin Finding Support at $54K After Failing to Hold Above $60K: Technical Analysis

Profit taking around $60,000 opens the door to lower support around $54,000, causing a bit of whiplash for bitcoin traders.

Bitcoin Struggles To Hold $60,000

Markets

Bitcoin's RSI Warns of Fading Bull Momentum Even as Price Nears Record High

RSI's bearish divergence indicates uptrend fatigue and suggests scope for a bull market correction.

Bitcoin price chart over the past month.

Markets

Ether Uptrend Is Weakening, Could Test Lower Support: Technical Analysis

Ether is facing resistance from all-time-highs and could see lower support, initially around $1,561.

Ether prices have softened recently after a powerful bull run over the past year.

Markets

Ether Trailing Bitcoin Since CME Futures Launch: Technical Analysis

Did the CME's ether futures launch coincide with a market top, relative to bitcoin? It sure looks like it based on the chart pattern.

CME Group Headquarters (CoinDesk Archives)

Markets

Bitcoin's Break Above $54K Could Open Path to New Price Record: Technical Analysis

Bitcoin finds support at $50,000, with next resistance seen at $54,000, and then at the all-time high around $58,000.

Bitcoin's price appears to be climbing again, after a retreat over the past couple weeks.