Bitcoin May Start a New Consolidation Trend After Facing Another $12k Rejection

Bitcoin is currently consolidating beneath $12,000 after facing a slight rejection at this level overnight The cryptocurrency has been struggling to break above this resistance for over a week One analyst is now noting that the resistance here may hold strong for the days to come, with BTC now kicking off a new consolidation phase Once the benchmark digital asset can break above this level, analysts are noting that a move to $13,000 will likely […]

373 +

Ethereum Reaches a Turning Point; Here’s What Could Reverse Its Uptrend

Ethereum has been consolidating alongside Bitcoin throughout the past several days, struggling to break above the heavy resistance that has been formed at $400 This consolidation phase has offered little insight into the cryptocurrency’s near-term outlook Analysts are now noting that ETH may be well-positioned to see significant upside in the short-term One trader is noting that there is one level that could invalidate this strength, but it remains unclear as to whether or not […]

427 +

Bitcoin Could Erupt Towards $13k as Market Structure Flips Bullish: Analysts

Bitcoin has begun to break out after flatlining around $11,500-11,700 for a number of days. Just hours ago, as reported by Bitcoinist, the cryptocurrency crossed the pivotal $12,000 level. While BTC has been slowing around that level, analysts are optimistic.

245 +

Analysts Expect Ethereum to See an Explosive Rally to $440; Here’s Why

Ethereum has been hovering around the $390 region throughout the past several days and weeks, struggling to break above $400 due to the heavy selling pressure that has been established at this price level.

159 +

Ethereum Options Data Suggests Pro Traders Expect ETH Price to Break $400

Ethereum price has stalled below $400 but ETH options data suggests the altcoin will push through the resistance level soon.

200 +

Ethereum is Showing Early Signs of Weakness; Is the Top in?

Ethereum, like Bitcoin, is facing a bout of consolidation as it trades below its crucial near-term resistance This level has held strong throughout the past several days, and each attempt to break above $400 has been met with an influx of selling pressure One result of this consolidation phase has been the emergence of multiple bearish signals that all point to imminent downside Analysts believe that unless ETH gains ground against BTC, it could be […]

253 +

Bitcoin is Facing “Serious” Bearish Divergences as Analysts Eye Downside

The strong momentum Bitcoin has incurred in recent weeks is now showing some signs of stalling as it struggles to break above $12,000 This signals that the resistance at this level may be insurmountable, and may also be a sign of weakness amongst bulls Analysts are now noting that it has led to a surge in bearish divergences that seem to suggest a retrace is imminent BTC now has multiple key support levels throughout the […]

314 +

Here’s Why One Analyst Expects Ethereum to Tap $275 Before Pushing Any Higher

Ethereum has been struggling to break above $400 for the past several days The selling pressure here is quite significant, and a sustained break above this level would be a highly bullish technical development Because ETH has been consolidating just below it throughout the past few days, bulls may be gearing up for a major push higher Despite being technically strong, one analyst is still expecting the cryptocurrency to see another “scam wick” that leads […]

272 +

Bitcoin is Pushing Against a Crucial Level as Chances of an Explosive Rally Grow

Bitcoin and the entire crypto market saw a strong afternoon yesterday. This allowed BTC to push up towards $11,800 The cryptocurrency is now caught within what will likely be a short-term consolidation phase at just under $12,000 Whether or not it can surmount this crucial resistance today will help offer insights into its short-term outlook One analyst explained in a recent tweet that yesterday’s daily close does seem to indicate that a break above this […]

252 +

XRP is Struggling to Break Key Resistance; Will This Stop It from Going Parabolic?

XRP has been incurring some incredibly strong price action throughout the past few days, allowing it to erase some of the underperformance it had been experiencing throughout the past several weeks. The cryptocurrency is now pushing up against a crucial resistance level that has yet to be broken above for an extended period of time. […]

250 +

Despite Recent Strength, Ethereum has Yet to Break Above One Critical Level

Ethereum, like Bitcoin, is currently flashing some immense signs of strength as it pushes past $400 The resistance at this price level remains heavy, so buyers must continue propelling the crypto higher in the near-term Where ETH trends next as it hovers around this crucial level may depend on Bitcoin, as it guided the market’s latest movement If Ethereum’s buyers remain strong in the near-term, they may next look to target the crypto’s recent highs […]

197 +

Why One Trader Thinks Bitcoin Will See a $1,000+ Plunge Despite Ongoing Upswing

Bitcoin is currently showing intense signs of technical strength as it races towards $12,000 once again despite the recent rejection at this level The cryptocurrency is now well-positioned to see further upside but remains within a short-term consolidation phase until it shatters this level This uptrend may be bolstered by its break above a previously formed trading range within the lower-$11,000 region One analyst still believes that Bitcoin is at risk of seeing a large […]

151 +

Gold Sails Over $2,000 While Economic Fears Persist

The price of gold finally managed to break above the precarious $2,000 level during trading Tuesday, marking a new all-time high for the precious metal. The rapid pump from the previous all-time high of $1,900 reflects the growing concerns that the market has regarding the current economic outlook.

236 +

Ethereum Classic (ETC) Aiming to Break Above Long-Term Resistance

The Ethereum Classic (ETC) price is currently making its third attempt at breaking out above a minor resistance level. Long-term indicators are bullish, suggesting that the price will eventually be successful in breaking out.

150 +

Crypto Fear and Greed Index Turns to Extreme Greed, Is Now The Time to Sell?

Some analysts renewed their expectations of a crypto bull run following Bitcoin’s 11% gains yesterday. Resistance at the $10. 5k level has proven difficult to break, having been rejected there on several previous occasions.

159 +

Bitcoin Finally Bursts Above $10,000 But Still Needs to Break this Key Level to End the Bear Case

To mark the end of the week, Bitcoin jumped 5.6% to climb to $10,250 on Bitstamp. The last time we were on this level was on June 1st. However, unlike the last two times when BTC hit $10k, an increase in Bitcoin Coin Days Destroyed isn’t recorded this time. This metric gives weight to coins […]

296 +

Here’s the Level Bitcoin Needs to Break to See a “Textbook Swing” to $10,500

Bitcoin’s price action in the time following its break above its multi-week trading range between $9,100 and $9,300 has been quite positive. The cryptocurrency is now starting to stabilize around $9,600, and buyers are slowly pushing through the key resistance levels that have been suppressing its price action.

169 +

DOGE Reaches Support, Could Soon Resume Its Upward Movement

The Dogecoin (DOGE) price has been retracing after a rapid breakout on July 6. It has reached a likely reversal level and could continue its upward trend in the near future. Retracement After the Breakout On July 6, the DOGE price initiated a rapid upward move that caused it to break out from a descending […] The post DOGE Reaches Support, Could Soon Resume Its Upward Movement appeared first on BeInCrypto.

507 +

Ethereum Bears Will Get “Scorched” If This Pivotal Resistance Breaks

Like Bitcoin, Ethereum has flatlined over the past few months. For just around eight weeks now, the leading altcoin has traded in between $230 and $240, barely deviating from these two levels. Yet an analyst expects a massive breakout should ETH break above an extremely close resistance level.

198 +

Here’s the Level Bitcoin Needs to Break to See a “Tesla Sized” Rally

Bitcoin’s boring price action seen throughout the past few months has caused its trading volume and liquidity to both dive lower. It appears that many traders are turning towards the more traditional markets to get their fix of volatility, with some equities like Tesla (TSLA) seeing massive rallies over the past couple of weeks. Although […]

176 +

These “Perfect Storm Of Trends” Indicate Bitcoin Is On The Verge Of A Raging Bull Market

For a prolonged period of time, Bitcoin has not gone through a significant price change. Whilst still failing to break out of the $10,000 level, it has been hovering around $9,200 for the past two months.

237 +

Bitcoin Trading Near Make-or-Break Levels: Here’s Why $9,400 Holds The Key

Bitcoin is trading nicely above the $9,100 and $9,200 support levels against the US Dollar. BTC is forming a crucial breakout pattern and it must break $9,400 for a sustained upward move. Bitcoin is trading above the key $9,120 support level and the 100 simple moving average (4-hours).

262 +

Here’s the Crucial Level Ethereum Needs to Break to Avoid Cratering Lower

Ethereum has been moving in close tandem with Bitcoin over the past couple of days This has made it exposed to seeing intense downside, and it is now stuck beneath the $240 region ETH is now at risk of setting lower lows according to one analyst, but there is a way bulls can stop this from happening The trader noted that $242 is a key high time frame level that bulls must flip before tomorrow’s weekly […]

388 +

Stellar (XLM) Could Soon Erase Recent Gains as It Hits “Make or Break” Level

Stellar (XLM) has been incurring massive upside throughout the past couple of weeks, with the token’s price surging to fresh yearly highs just days ago. It is currently expressing some signs of weakness, however, as the token’s price recently faced a grim rejection that has since sparked an intense price decline. Analysts are noting that […]

329 +

Top Macro Investor Claims the Time for a Bitcoin Rally is Almost Here

Bitcoin is currently attempting to break above the resistance that has been formed at $9,300 This comes on the heels of a nearly week-long consolidation phase between $9,000 and $9,300 Where it trends next will likely depend on its reaction to this level, and some analysts are expecting the next movement to favor bulls heavily One top macro investor is explaining that BTC is on the cusp of breaking above a crucial descending trendline He […]

274 +

Ethereum Seeks to Break Out Above Crucial Resistance

The Ethereum (ETH) price is trading inside an important resistance area. A breakout above this level could trigger a rapid rally. Note: This article will focus on the ETH/BTC pair. For the ETH/USD pair, click here.

226 +

Analyst: Bitcoin Needs to Push Past $9,600 to Avoid a Brutal Decline

Bitcoin now appears to be entering another consolidation phase around $9,300 Its buyers have been unable to surmount the resistance that exists around this price level Each attempt to break above it has been met with an influx of selling pressure that forces it lower As for what may come next, analysts are noting that it is imperative that buyers step up and force the benchmark crypto higher if they are to catalyze any further […]

248 +

Here’s the “Do or Die” Price That Will Determine Ethereum’s Macro Trend

Ethereum has remained stuck beneath its crucial near-term resistance level at $230 The crypto has been ranging sideways alongside Bitcoin and many of its peers, but it has been unable to remain within its long-held trading range The break below this range appears to be a grim sign for the crypto Where it trends next could largely depend on how it reacts to a crucial level that it is trading 10% above Holding above this […]

263 +

Ethereum Price Needs to Break Above $290-$330 Zone to Start New Bullish Cycle: Major Analyst

Analyst ?Crypto Michael? offers his audience an analysis of the current state of ETH fundamentals, saying a bull cycle may start again above the $330 price level

240 +

It’s “Do or Die” for Bitcoin After Being Rejected at a Crucial Technical Level

Bitcoin’s buyers attempted to spark a rally yesterday but were stopped short when it was rejected at $9,300 The crypto has since been trading directly beneath this level, struggling to garner any further buying pressure This resistance coincides closely with a critical technical level that buyers have been struggling to surmount It does appear that the crypto could be positioned to see further downside in the days ahead if buyers fail to break this resistance […]

344 +

Ethereum Bulls Defend Crucial Support, But Outlook Remains Gloomy

Despite navigating down towards its crucial support at $220, Ethereum’s buyers were able to defend against a break below this level The cryptocurrency now appears to be well-positioned to maintain above this level in the near-term, as buyers are currently ardently defending another crucial support level That being said, on its daily chart the cryptocurrency does appear to be flashing some signs of overt weakness One group of analysts recently noted that the recent break […]

235 +

Analyst Expects Bitcoin Price to Break Below $8,500; Here’s Why

Bitcoin is maintaining its interim support level near $9,100, but an analyst expects the price to break bearish towards $8,500. The trader forecasted the downside move days after Bitcoin established a second-quarter top near $10,500 on June 1.

356 +

Bitcoin Is Waiting For A Trigger To Bring Back Volatility; Is This It?

Bitcoin has set an unprecedentedly low level of volatility. For weeks, Bitcoin continues to trade within a tight range. Though crucial support has held, bulls have failed to break above local resistance.

206 +

Ethereum is Showing Early Signs of Macro Weakness; What to Watch For

Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […]

321 +

Ethereum’s Strength Degrades Following Rejection at $250; What Comes Next

Ethereum has flashed signs of technical weakness overnight following a harsh rejection at $250 This level marked its high-time-frame resistance, and its inability to break above it seems to elucidate underlying weakness amongst its buyers Analysts are noting that it could be poised to continue pushing higher despite this latest setback There is one crucial level that it is trading just a hair above that could invalidate this potential rebound Ethereum has flashed signs of […]

220 +

Is Ethereum (ETH) Price on Course to $300 as DeFi Coins Skyrocket?

Ethereum’s Ether (ETH) is taking advantage of Bitcoin rallying early this week and looks to break a key resistance level on the road to $300.

280 +

This Technical Factor Suggests Bitcoin Will Soon See Explosive Volatility

Bitcoin’s bulls are currently engaged in an intense battle to break above the heavy resistance the cryptocurrency faces at $9,500. The selling pressure seen here has been enough to stop the benchmark digital asset from seeing any type of intense uptrend, but it still remains a possibility that this level is shattered in the near-term. […]

249 +

Ripple (XRP) Lack of Bullish Momentum Could Derail Its Recovery To $0.20

Ripple is slowly correcting higher above the $0. 1850 level against the US Dollar. However, XRP price must break the $0. 1880 resistance and the 100 hourly SMA to start a strong upward move. Ripple is still trading in a bearish zone below $0.

247 +

Ethereum Likely to Dive Towards $200 as Overnight Selloff Rattles Market Structure

Ethereum has decline today alongside Bitcoin and the aggregated crypto market, breaking below a key support level that was previously being defended by buyers It now appears that ETH could be well positioned to see even further downside in the days and weeks ahead One technical indicator is forecasting that it will plunge to $200 before it is able to garner any notable buying pressure This could lead it to break below a key support […]

297 +

About The Clouds: Bitcoin Holds Retest Of Key Weekly Level

Last night at 8PM eastern standard time, Bitcoin price closed its weekly candle at roughly $9,325. While the close marked yet another week of failed attempts to break above $10,000, it also marked the first retest of the Ichimoku indicator Kumo, or “cloud.

269 +

XRP Price Analysis ? Expecting $0.15 Soon

Will bears break the next support level of XRP soon?

78 +

Bitcoin Takes a Big Hit: Main Reasons Why Recovery Could Face Sellers

Bitcoin is down more than 5% and it broke the key $9,300 support zone against the US Dollar. BTC traded as low as $9,089 and it is currently correcting higher towards hurdles. Bitcoin declined sharply after it was rejected one more time near the $10,000 level.

443 +

Pundit Reveals Where Bitcoin Price Is Likely Headed If This Crucial Support Level Fails To Hold

Bitcoin is back into the hands of the bears after a rejection yesterday from $10,000. Initially, bulls managed to break $10,000 on a few exchanges but got rejected and BTC dropped to $9,700, not a terrible rejection.

411 +

Millions Liquidated on BitMEX as Bitcoin Dives $500 From $10,000 Resistance

After attempting to break past $10,000, Bitcoin has been on a gradual decline. The cryptocurrency recently fell as low as $9,475 on leading exchanges, crushed as buyers distribute coins at the crucial $10,000 resistance level.

341 +

Bitcoin Cash analysis: range-bound for below $260

Bitcoin Cash is trading sideways below $260, but a break above this level could...

The post Bitcoin Cash analysis: range-bound for below $260 appeared first on Coin Journal.

292 +

Bitcoin Readies For $9,900 Test, Altcoins Trend Turns Bullish

Bitcoin adherents are closely watching the fast approaching $9,900 resistance. A break above this early in the week could mean a test of local highs by its end. A move to this level comes just after a retest of the $9,300 support at the end of the weekend. This was a positive sign that the […]

457 +

Bitcoin Cash nears breakout at $260-mark

After breaching the psychological level, Bitcoin Cash was being traded at $253, at press time. The bulls have previously struggled to break above the $260 mark. But there could be trend reversal here The post Bitcoin Cash nears breakout at $260-mark appeared first on AMBCrypto.

312 +

Why $8.1K Will Be a Key Level for Bitcoin Price for the Next 6 Months

Bitcoin may not break $10,000 for some time as several metrics point to possible pullbacks to under $9,000.

284 +

June Moon: Bitcoin Fractal From Same Exact Time Last Year Targets Over $15,000

After repeated attempts, Bitcoin has been unable to break through resistance at $10,000. However, a fractal that matches up nearly perfectly with price action from exactly one year ago, could point to the leading cryptocurrency by market cap finally breaching the key level, and pushing higher to $15,000.

417 +