Bitcoin Price Forecast: BTC/USD faces strong resistance upfront
BTC/USD fell from $11,908.70 to $11,097.65 in the early hours of Thursday. The daily confluence detector shows one strong resistance and support level at $11,400 and $11,050. The $11,400 resistance level has the one-week Fibonacci 161.8% retracement level.
Ethereum Classic Market Outlook: ETC/USD must overcome $7.34 resistance to reach $7.50 zone
ETC/USD bears took control of the market after three consecutive bullish days, taking down the price from $7.27 to $7.18. The daily confluence detector has one strong resistance and support level at $7.34 and $6.90, respectively.
Tron Technical Analysis: TRX/USD aims for $0.02-level after a hattrick of bullish days
TRX/USD went up from $0.0192 to $0.01956 as the buyers aim for the $0.02 psychological level. The bulls have stayed in control for the third straight day after bouncing up from the $0.01857 support level. TRX/USD has jumped above the 20-day Bollinger Band.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.