Author: Aayush Jindal

ETH price climbed higher recently and settled above the $175 resistance area against the US Dollar. The price is currently consolidating gains and it might continue to rise towards $185 or $190. There is a key breakout pattern forming with support near $180 on the hourly chart of ETH/USD (data feed via Kraken). The price could dip a few points towards $176 or $175 before it could start a fresh increase. Ethereum price is showing positive signs above $175 versus the US Dollar, while bitcoin is struggling. ETH price remains supported on dips and it could rise further. Ethereum Price Analysis Recently, there was a solid rise in ETH price above the $175 resistance area against the US Dollar. However, bitcoin price struggled to gain momentum…

Bitcoin price is under pressure and it recently declined below the $10,500 support against the US Dollar. The price is struggling to climb higher and is approaching the $10,200 support area. There is a key bearish trend line forming with resistance near $10,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could accelerate decline if it breaks the $10,200 and $10,100 support levels in the near term. Bitcoin price is showing a few negative signs below $10,500 against the US Dollar. BTC could struggle to recover above the $10,400 and $10,500 resistance levels. Bitcoin Price Analysis Recently, bitcoin price struggled to surpass the $11,000 resistance area against the US Dollar. As a result, there was a downside correction and BTC…