Tag Archives: Signs

4 Bullish Signs in Favor of a Huge Santa Claus Rally

Bitcoin’s recent rise has sparked new hopes for BTC just in time for the holidays. Here are several signs that may indicate a Santa Claus rally is on its way. Bitcoin has been anything but bullish recently. Since it’s tantalizing reprisal back in June, the pioneer crypto has refused to advance anywhere but south, retracing by as much as 47%. Continue reading 4 Bullish Signs in Favor of a Huge Santa Claus Rally

Ethereum (ETH) Price Showing Positive Signs Above 100 SMA

This past week, we saw a major downside correction below the $170 support in Ethereum price against the US Dollar. The ETH/USD pair declined below the $165 support and tested the next key support at $160. Buyers appeared and protected further losses below $160. A support base was formed and recently the price recovered above the $165 resistance. There was a break above the 23.6% Fib retracement level of the last decline from the $185 high to $160 low. Continue reading Ethereum (ETH) Price Showing Positive Signs Above 100 SMA