Bitcoin Price (BTC) Breaks Key Support: $8,800 Bearish Target Could Be Real

Bitcoin price extended its declined and broke the key $10,800 support level against the US Dollar. The price even broke the last swing low and a major support area near the $10,500 level. There is a key bearish trend line forming with resistance near $10,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price remains in a strong target and it seems like the $8,880 bearish target seems real. Bitcoin price started a fresh decline below the $10,800 support against the US Dollar. BTC is…

Ethereum (ETH) Price Could Surpass $320, Bitcoin Breaks $13K

ETH price is gaining momentum above the $310 resistance area against the US Dollar. The price must break the $315 resistance area to climb above the $320 resistance zone. There is a breakout pattern forming with resistance near $314 on the hourly chart of ETH/USD (data feed via Kraken). On the downside, there are a few important supports near the $306 and $302 levels. Ethereum price is likely to break the $320 resistance area versus the US Dollar, but struggled vs bitcoin. ETH price remains well supported on the downside…

Ripple Price (XRP) Eyes Fresh Weekly High: Bitcoin Breaks $12.5K

Ripple price remained in a positive zone and traded higher from $0.3860 against the US dollar. The price is now trading well above the $0.4000 level and it could continue to rise in the near term. Yesterday’s highlighted major bullish trend line is intact with support near $0.4010 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely to break the last swing high near $0.4108 and it could even surge above $0.4200. Ripple price is gaining bullish momentum above $0.4000 against the US…

Ethereum (ETH) Price Breaks Key Resistance, Outpaces Bitcoin

ETH price started a decent recovery and broke the key $300 resistance area against the US Dollar. The price was able to settle above the $300 level and it recently tested the $310 resistance. There is a major bullish trend line forming with support near $292 on the hourly chart of ETH/USD (data feed via Kraken). If there is a downside correction, the price is likely to find support near $300 or $298. Ethereum price is showing a lot of positive signs versus the US Dollar and bitcoin. ETH price…