2018-6-12 00:41 |
Bearish markets see only slight recovery today, with BTC still below $7k and ETH testing $500
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Ethereum is down more than 8% and it tested the final $155 bearish target against the US Dollar. Bitcoin price is also down around 6% and it traded close to the $7,400 bearish target (as discussed yesterday).
2019-11-22 06:08 | |
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Technicals are currently bearish for the ETH/USD pair and deeply bearish for the ETH/BTC pair. ETH/USD is below the Cloud and 200-day EMA, indicating a significant trend shift in the bearish direction.
2019-8-23 15:01 | |
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ETH price failed to break the $139 resistance and declined sharply against the US Dollar. The price broke the key $134 support level to enter a bearish zone. A new connecting bearish trend line is formed with resistance at $139 on the hourly chart of ETH/USD (data feed via Kraken).
2019-3-22 07:08 | |
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ETH price stayed below the $107 resistance level, with bearish signs against the US Dollar. There is a major bearish pennant formed with resistance near $106 on the hourly chart of ETH/USD (data feed via Kraken).
2019-1-30 07:08 | |
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ETH/USD Long-term Trend: Bearish Resistance Levels: $350, $370, $390 Support Levels: $100, $80, $60 The ETH/USD pair was bearish in the month of November 2018. In the first two weeks, the digital currency was range bound as the crypto was fluctuating above the $200 price level.
2018-12-1 09:46 | |
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Key Highlights ETH price declined sharply and traded below the $540 support area against the US Dollar. There is a connecting bearish trend line forming with resistance at $560 on the hourly chart of ETH/USD (data feed via Kraken).
2018-6-11 06:48 | |
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QCP sees Bitcoin as a ‘stress barometer’ amid macro, geopolitical risks. BTC continues to eye $70,000 as support, with gains key to upside continuation. Breakdown risks BTC retesting $63k lows, where prior dip-buying emerged.
Bitcoin price trades around $67,500. The asset rose to near $70,000 but is facing key resistance. Analyst Rekt Capital warns that it’s “premature” to say the current bear market is over.
Bitcoin price dipped to $62,800 amid the latest market weakness. Analysts say $60,000 is key to the bulls’ short-term picture. BTC could dip to $50,000 amid a bear cross pattern. Bitcoin’s price slide gathered momentum on Tuesday, with fresh losses to under $63,000 as the cryptocurrency’s vulnerability to macroeconomic pressures and global uncertainties continued.
Bitcoin price plunged to $60,000, its biggest single-day fall since the FTX crash. Prices rose to above $66,000 as analysts forecast a potential dead cat bounce. Market sentiment remains in extreme fear.
Key takeaways BTC is down less than 1% as the market remains choppy. The leading cryptocurrency could retest the $87k support level before rallying higher. BTC’s price action remains choppy The cryptocurrency market continues to underperform as BTC and the other leading coins are in the red.
Key takeaways Bitcoin is up 1% in the last 24 hours but continues to trade below $90k. The performance comes despite Trump’s Davos speech on Wednesday, which ended the imposition of new tariffs on European nations against the US purchase of Greenland.
Bitcoin’s bullish price outlook remains, but a retest of support near $90,000 poses a threat to this. The latest price action comes amid a whale move to transfer $84 million in BTC that had been dormant for 12 years.