Tag: Resistance

ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy

ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy European Central Bank (ECB) executive board nominee and member of the German Council of Economic Experts, Isabel Schnabel, recently remarked at a European Parliament hearing that “This scapegoating [of the ECB] is extremely dangerous: it may damage the trust in […]

Ethereum Price (ETH) Struggling Near $180 While Bitcoin Breaks Key Resistance

Ethereum Price (ETH) Struggling Near 0 While Bitcoin Breaks Key Resistance ETH price recovered nicely above the $ 172 and $ 175 resistance levels against the US Dollar. The price is currently struggling to break an important resistance area near the $ 180 level. There is a new key bullish […]

Don’t Panic, Bitcoin “Nuking” $6,400 Resistance Is Extremely Bullish

Don’t Panic, Bitcoin “Nuking” ,400 Resistance Is Extremely Bullish Over recent hours, Bitcoin (BTC) has begun to slow, with bullish momentum falling off across the board. Yet, some say it may be a bit too early to call for a doomsday-esque scenario, which sees BTC fully retrace its sudden spike […]

Markets Update: Cryptocurrencies Struggle to Surpass Upper Resistance

Markets Update: Cryptocurrencies Struggle to Surpass Upper Resistance Cryptocurrency markets have been looking more optimistic but many digital assets are still struggling to surpass upper resistance in order to move forward. On Friday, March 8, trade volumes have increased, showing a quick spurt of renewed energy but market indicators suggest […]

Markets Update: Leading Cryptocurrencies Briefly Break Local Resistance

Markets Update: Leading Cryptocurrencies Briefly Break Local Resistance The cryptocurrency markets have seen significant volatility over the last 24 hours, with BTC rallying by 7% to test resistance at $ 4,200, before violently crashing approximately 10% back below $ 3,800. BCH has posted comparable volatility, currently trading for $ 135 […]

Ethereum Price Weekly Analysis: ETH/USD Sellers Defend Key Resistance

Ethereum Price Weekly Analysis: ETH/USD Sellers Defend Key Resistance Key Highlights ETH price recovered a few points, but it faced a strong resistance near $ 202 against the US Dollar. There is an important bearish trend line in place with resistance at $ 200 on the 4-hours chart of ETH/USD […]