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Bitcoin Faces Risk of Pullback to $100K as Momentum Indicator Diverges Bearishly: Technical Analysis
The leading cryptocurrency by market value traded near $108,000 at press time, probing the bullish trendline, characterizing the sharp rise from $75K to record highs over $110K, TradingView data show.
The 5- and 10-week simple moving averages (SMAs) have crossed bearish as well, suggesting the path of least resistance is to the downside. XRP's weekly candlesticks chart with the MACD.
The Kroger Co. (KR) traded at and all-time high Friday. But a reversal pattern formed on the chart and the shares may head lower.
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