Ethereum Price Breaks Hurdle, Why Bulls Could Aim $1,500 or Higher

Ethereum cleared the key $1,350 resistance zone against the US Dollar. ETH is rising and might climb further higher towards the $1,500 resistance zone. Ethereum is slowly moving higher and trading above the $1,350 level. The price is now trading above $1,350 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $1,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if there is a clear move above the $1,370 resistance. Ethereum Price Eyes…

Exchanges Close Q3 With Massive Bitcoin Outflows, Why A Rally Is On The Horizon

The third quarter of 2022 was a rollercoaster for the price of bitcoin. BTC’s price had fluctuated wildly during this time and ended up hitting lower lows than expected. However, this has not changed investors’ convictions about the cryptocurrency. As the third quarter drew to a close, there had been a massive withdrawal spree from centralized exchanges, which led to more than $600 million in outflows. Bitcoin Outflows Grow The last day of September has proven to be an important trading day for bitcoin. Given that it was both the…

Binance Coin (BNB) Bulls Defends Key Zone, Will The Give Up?

BNB price creates mixed feelings on the high timeframe as price forms a descending triangle on the daily chart while an ascending triangle forms on the weekly chart.  BNB looks more stable as the price aims to flip the $340 resistance to set up a bullish sentiment.   The price action of the Binance Coin (BNB) continues to look strong despite the price forming a bilateral chart pattern on the daily and weekly timeframe. Surprisingly Bitcoin (BTC) movement in a range has had little effect on the price of Binance Coin…

Here’s Why Bulls Are Comfortable

Ethereum started a consolidation phase above the $1,300 level against the US Dollar. ETH could start a fresh increase if there is a clear move above $1,350. Ethereum recovered above $1,300 and started a consolidation phase. The price is now trading above $1,310 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $1,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if there is a clear move above the $1,350 resistance zone. Ethereum…

Bitcoin Price Forms Bullish Pattern, Why BTC Could Rally Above $20K

Bitcoin price is holding gains above the $19,000 level against the US Dollar. BTC could rally if there is a clear move above the $19,660 resistance zone. Bitcoin remained stable and consolidated above the $19,000 support zone. The price is trading above $19,100 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $19,220 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh surge if there is a clear move above the $19,660…

Ethereum Price Eyes Fresh Surge, 100 SMA Holds The Key

Ethereum recovered losses and climbed above the $1,320 level against the US Dollar. ETH could start a fresh increase if there is a clear move above $1,350. Ethereum found support near the $1,250 level and recovered losses. The price is now trading above $1,300 and the 100 hourly simple moving average. There is a short-term contracting triangle forming with support at $1,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if there is a clear move above the $1,350 resistance zone.…

Quant (QNT) Price Defiles All Odds On A Bloody Day, Eyes $160

QNT price holds strong above 50 and 200 EMA on a higher timeframe.  QNT rallies as price eyes $160 despite the crypto experiencing a bloodbath across the market.  The price faces resistance at $144 in the weekly timeframe.  Quant (QNT) price has recently shown bullish strength against tether (USDT) as price trends higher above expectations. The price of Quant (QNT) has shown its strength despite Bitcoin (BTC) pulling most altcoins down after a rally from $19,000 to a region of $20,400, with the price rejected instantly from that region. (Data…

Ethereum Price is Showing Early Signs of Fresh Rally, But $1,400 is the Key

Ethereum is gaining pace above $1,360 against the US Dollar. ETH could start a fresh rally if there is a clear move above the $1,400 resistance zone. Ethereum is showing positive signs above the $1,320 and $1,350 support levels. The price is now trading above $1,350 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $1,342 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its rally if it clears the key $1,400 resistance…

Bitcoin Price Holds Ground, Why Close above $20K Is The Key

Bitcoin is holding the key $18,500 support zone against the US Dollar. BTC must settle above the $20,000 resistance zone to move into a positive zone. Bitcoin is struggling to gain momentum above the $19,500 resistance zone. The price is trading below $19,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $19,020 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could stage a fresh rally if there is a clear move above the $19,500…

Ripple Outperforming Whole Market, What’s Pumping XRP Price? 

The currency of the blockchain-powered online payment platform, XRP, has gained almost 60% in the past week. After briefly dipping to $0.34 five days ago, the token climbed back and traded around $0.52 this morning. Crypto influencer Ben Armstrong claims to know the reason behind this continuous climb amid the current general crypto bear market. The multiple-crypto holder shared his two cents about the state of events with his 800k plus followers on Twitter yesterday. Related Reading: Maker DAO Shows Bullish Sentiment After A While, Eyes $800? Influencer Believes Impending…