Support and resistance levels help identify areas of supply and demand, and are an important aspect of price charts for traders to understand.
The technical charts continue to call a rally to $7K despite bitcoin showing signs of exhaustion around $6,500.
A publicly traded stock is tracking the price of bitcoin, a correlation that appears to have played out over a period of years.
Ethereum classic will be listed for the first time on Coinbase later today and the market is already reacting positively.
Ripple is recommending three cryptocurrency exchanges as the "preferred partners" for transacting on its xRapid payments platform.
A cryptocurrency dealer for institutional investors and high-net-worth individuals has closed a Series A funding round of $22.7 million.
A move past a key resistance at $6,675 would confirm a short-term bearish-to-bullish trend change in bitcoin.
The cryptocurrency market flashed green Wednesday following a major downturn.
Bitcoin looks to have fought off recent bear attacks that saw prices landing just above the yearly low of $5,755.
Bitcoin risks printing fresh 2018 low below the June low of $5,755, but will likely defend the support at $5,650 in the short-run.