Global Exchange

ETH At Short Term Bulls – ETH price traded above the $103 support against USD. ETH/USD broke the resistance near the $105 and $106 levels. The upside move and railed the price near to $106. Globalxchange. Buyers pushed the price above 50% Fib retracement level of the last drop from $115 high. Global xchange.

Globalxchange. The daily chart shows that a dip is in view for the short term, but remains supported near $107 and $106. On the other hand, the price could take off and break the $113 and $114 resistance, where sellers might emerge. globalexchange. MACD for the pair is in the bullish zone and RSI is over the 50 level.

ETH Under Trouble – Ethereum saw a decline below the $116 and $114 support levels against US Dollars. ETH/USD stood in the bearish zone and continued to decline. Globalxchange. The price even broke the $108 and $104 support levels and traded close to $100 level. New low was formed $101 and below 100 SMA. Global X change.

Globalxchange. The hourly chart represents, ETH price may visit $100 and $101 support levels in short term. Sellers in action might take the price below the $100 support and then to $95. Otherwise, break above $109 will take the price to $115. Global exchange. MACD for the pair slightly moving to bullish zone and RSI is in line with 30 level and railing up.

BTC Price To Bounce – BTC discovered help at the bottom of its downtrend on the hourly chart against USD. BTC/USD traded at $3445 low and near the 50% Fib retracement level and lines up with 100 SMA. Globalxchange. The cost exchanged at new weekly low and found good support above $3450. Globalexchange.

Global exchange. From the above chart, the pair holds good support above $3450. The value breaks the $3490 support its likely jump to $3560 then to $3610 support. Otherwise, the cost may plunge down to $3440 then to $3390 support. globalxchange. MACD for the pair is slightly in the bearish zone and RSI is in line with 30 level.

BTC Extends Declines – Bitcoin declines and break the $3650 resistance and declined against US Dollar. The decline below $3520 support which dragged altcoin down. The price even broke the $3480 support level and 100 SMA. Globalexchange. New weekly low was formed at $3465 and moved into the bearish zone. Globalxchange.

Global Exchange. The chart shows that bitcoin is back to the bearish zone below $3500. Seems to have a chance of more losses towards the $3200 support. If $3200 fails to break more losses towards $3000. Globalxchange. Conversely a close above $3500 might push the price back to bull zone. MACD for the pair is in the negative zone and RSI is below level.

Ethereum Breaks Down – ETH price broke the $115 resistance against US Dollar. ETH/USD pair failed to cross the $116 and $118 resistance levels. globalxchange. Bearish trend of price below $115 found. The pair even broke the $112 support and traded below 100 SMA. The decline traded near the new low $109. Global Exchange.

Globalexchange. From the chart, ETH is clearly in the bearish zone below the $115 and $112 levels. The upside trend may take the price to $112, $113 and $115 where sellers are in line. Conversely, if it fails to break the upside trend then the price might dip to $105 and $102. Globalxchange. MACD for the pair is in the bearish zone and RSI is in the oversold region.