GM: How A Morning Star Pattern Could Awaken Altcoins

Like a strong cup of highly-caffeinated coffee or the sound of a rooster crowing at the crack of dawn, some things have the potential to be a real eye-opener. When it comes to altcoins, crypto investors could get a wake up alarm they won’t be able to ignore.

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Price Analysis 7/29: BTC, ETH, XRP, BCH, BSV, ADA, LTC, CRO, BNB, EOS

Bitcoin and most altcoins could consolidate for a couple of days before resuming their uptrend.

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Bitcoin’s Dominance is Signaling That “Altseason” May Be in Grave Jeopardy

Bitcoin’s dominance has been seeing a sharp decline over the past few days and weeks as altcoins have captured the majority of investors’ attention Yesterday, however, this metric hit a historically important region, and shortly after the benchmark cryptocurrency’s price began rebounding Some analysts are now noting that it may be “pullback time” for altcoins, with this potential decline being perpetuated if Bitcoin can smash above $10,000 Ethereum could also play a big role in […]

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As Bitcoin Dominance Continues to Drop, Altcoins Are Set to Blast Off

Bitcoin has maintained dominance in the crypto market for years. While it still holds that power, a drop in its strength could mean a revival for altcoins and its indicator suggests that its health is decreasing.

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Ethereum Fails to Surmount Crucial Resistance as Traders Eye a Pullback

Ethereum has incurred immense momentum throughout the past few days This notable upswing seen as of late has allowed it to outperform Bitcoin and many other major altcoins Some analysts have even observed that ETH’s price action is starting to influence that of Bitcoin Analysts are now noting that it could see a notable pullback in the near-term, which may be necessary if bulls want to extend their momentum further This possibility will be invalidated if […]

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These 3 Cryptocurrencies Could Still Touch $500 Before End Of Year

In late 2017 and early 2018, a number of altcoins followed Bitcoin into the four-digit price zone. The market performance of such coins was not much surprising looking at the efforts of their respective teams and the functional use that gives them meaningful valuation.

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Here’s Why Analysts are Flipping Short on Ethereum After Its Explosive Surge

After a prolonged period of range-bound trading, Ethereum posted a breakout rally yesterday that allowed it to surge up to fresh multi-month highs This rally put a firm end to the crypto’s macro trading range between $230 and $250 It remains unclear as to what caused this movement, but it allowed Bitcoin and other major altcoins to push higher as well Analysts are now growing cautious of what could come next for ETH Despite its […]

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Price Analysis 7/22: BTC, ETH, XRP, BCH, BSV, ADA, LTC, CRO, LINK, BNB

Many altcoins could pick up momentum If Bitcoin and Ethereum break above key resistance levels in the coming days.

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These 4 Factors Signal Bitcoin is Gearing Up for a Breakout Rally

The crypto market is heading into the weekend without any clear momentum, as the past week has been relatively quiet for Bitcoin Many altcoins are still maintaining their firm upwards momentum, although this appears to be slowing down as investors grow more concerned about where Bitcoin may trend next There are four factors that one analyst is closely observing that could provide BTC with better guidance in the near-term This comes as the cryptocurrency continues […]

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Price Analysis 7/17: BTC, ETH, XRP, BCH, ADA, BSV, LINK, LTC, BNB, CRO

Bitcoin and a few altcoins are showing signs of weakness, which could result in a minor dip in the next few days.

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Bitcoin holds $9,000 as altcoins spring into life

Bitcoin price remains capped under $9,200 but could move higher; altcoins also turn green....

The post Bitcoin holds $9,000 as altcoins spring into life appeared first on Coin Journal.

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XRP Could Accelerate Lower as Chart Resembles Bitcoin’s October High

Last week, XRP saw its first large bout of bullish price action in over a month. Following the lead of a swath of other altcoins, the prominent cryptocurrency spiked by approximately 10% in a single day, passing the crucial resistance of $0.

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Price Analysis 7/15: BTC, ETH, XRP, BCH, ADA, BSV, LINK, LTC, BNB, CRO

Select altcoins are showing strength and if Bitcoin price perks up a fast paced, market-wide rally could occur.

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Bitcoin Closing Beneath One Crucial Level Could Decimate Altcoins

Bitcoin flashed some subtle signs of weakness yesterday that sent shockwaves throughout the cryptocurrency market This caused many major altcoins to shed a significant amount of their value, putting at least a temporary end to the intense market-wide uptrend seen by Bitcoin’s smaller counterparts The crypto is now once again sitting just above its crucial $9,200 support level Buyers have been able to defend this level throughout the past several hours One analyst is noting […]

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Ongoing Crypto “Alt Season” Might Spark a Much Bigger Rally in 2021: Analyst

Altcoins are blowing up across the crypto market, for the first time in what feels like forever. The rallies are reminiscent of the cryptocurrency bubble of 2017 and could be a sign that a new bull market is forming.

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These 3 Simple Factors Could Erase Bitcoin’s Current Signs of Strength

Bitcoin is beginning to flash some signs of strength as it starts breaking out of the recently established trading range between $9,00 and $9,300 The crypto could soon make a move to test the resistance that sits towards the top of its long-held trading range This resistance extends from $9,700 to $10,000 BTC’s tempered strength comes as altcoins begin rallying, with some even climbing as much as 100% yesterday Analysts are noting that there are […]

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As XRP Rallies, Here’s the Level Top Traders Plan on “Shorting With Fury”

The aggregated cryptocurrency market is beginning to flash some signs of strength after an extended period of sideways trading Altcoins have been leading the market higher, as Bitcoin has remained stagnant within its long-held trading range This upwards momentum has even allowed XRP to rally, with this marking the first notable surge it has seen since April Analysts are noting that it could continue climbing higher in the near-term before hitting a crucial resistance level […]

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Two Volatile Altcoins That Could Soon Move Upwards

Matic Network (MATIC) is trading above a long-term rising support line but has yet to move above a crucial resistance area. Loom Network (LOOM) is trading inside a bullish pattern but has yet to break out.

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Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, BCH, XLM, LINK

Altcoins corrected as Bitcoin price dropped below $9,000, but traders buying the BTC dip could provide room for altcoins to recover.

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Why Zilliqa (ZIL) could be among the top 30 coins before the end of the year

Zilliqa is one of the digital coins having a wonderful tie this year. The coin has also been one of the fast-rising altcoins and is currently ranked the 44th most valuable cryptocurrency with a market cap of $202,594,223 and a daily trading volume of over $94 million.

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These Two Altcoins Could Soon Initiate Another Bullish Move

Both SNT and DUSK are consolidating after completing their upward moves. While SNT has yet to begin its next move, DUSK could be in the process of breaking out. Price action trader @Pastore1314 stated that he “expects a moon mission in ARK, SNT, DUSK, XVG”.

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These Two Altcoins Are Showing Strong Reversal Signs

After showing strong signs of a long-term reversal, the LOOM price has broken out from a major resistance. This could be the first step of a more significant move upwards. RLC has already broken out from a long-term descending wedge and has begun to move upwards.

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Why Bitcoin Could Get a Strong Boost as Altcoin Valuations Become “Frothy”

It may seem as though Bitcoin has been stealing the crypto spotlight since the start of 2020 — and that’s true. The leading cryptocurrency’s directionality decides how altcoins will trend, with “all ships” in this industry rising and falling with the tide.

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Bull Flag Forming On Bitcoin Dominance Could Deal Crushing Blow to Altcoins

Browsing through crypto Twitter or any Bitcoin or cryptocurrency-related subreddit, lately, there’s been talk of an altcoin season brewing right under the noses of crypto investors everywhere. However, a bull flag forming on BTC dominance could not only keep an alt season from occurring, but it could also deal altcoins a crushing blow and bring...

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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 […]

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Analysts Are Fearing an Ethereum Correction: Here’s How Fall It Could Fall

Ethereum has been on an impressive rally over the past month. The leading altcoin is trading up more than 16% in the past month, as per data from crypto market site Coin360. com. Over that same time frame, Bitcoin dropped by 4%, while certain altcoins like XRP and BSV plunged by nearly 10%.

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BTC, ETH, XRP, BCH, BSV, LTC Price Analysis - Could a Possible Rise be Applied to All Altcoins?

Out of Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), Bitcoin SV (BSV), and Litecoin (LTC), which coin will fall the most?

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Crypto Market in Peril of Seeing Major Downside as Bitcoin Strength Wanes

The entire crypto market is currently consolidating as buyers and sellers reach an impasse following yesterday’s movement It now appears that the market could be positioned to see massive near-term downside due to some warning signs being flashed by Bitcoin If the benchmark cryptocurrency does lead the market lower, altcoins could severely underperform it Bitcoin and the entire crypto market have seen some calmness throughout the past day, struggling to garner any directionality in the […]

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XRP Could Soon Decline By 55% as Strength Against BTC Degrades

XRP has been flashing signs of immense weakness as of late, which has only grown further following the latest market-wide rally Although many altcoins have been able to hold up well against BTC throughout the course of the latest uptrend, XRP has shed 2% of its value.

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Altcoins Could Face Capitulatory Decline as Crypto Market Hits Key Resistance

The aggregated cryptocurrency market has been struggling to spark a macro uptrend due to Bitcoin’s inability to break above $10,000 This has led it to form some heavy resistance just above its current market cap – with this level potentially being insurmountable in the near-term Analysts are also pointing to altcoins severe underperformance of Bitcoin in recent times, which could suggest that this potentially imminent market-wide decline will be brutal for smaller cryptocurrencies Bitcoin and […]

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Ethereum Forms 90% Correlation to Bitcoin; Here’s Why This Is Bearish

Ethereum and Bitcoin have formed a striking 90% correlation to one another throughout the past couple of years This correlation has grown in recent times, despite many altcoins being able to break it It does appear that, in the short-term, this could prove to be dire for ETH, as the benchmark cryptocurrency may soon see a notable decline Ethereum has been generally tracking Bitcoin’s price action in recent times, with altcoins in general struggling to […]

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Ethereum (ETH) May Be Forecasting 50% Drop Against Dominant BTC

For over two years now, Bitcoin has been outperforming altcoins like Ethereum and others. BTC dominance has continued to climb as a result. However, Ethereum may be forecasting another 50% drop on the ETHBTC trading pair that could bring dominance back to pre-bubble levels.

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As the Bitcoin Dominance Rate Decreases, Major Altcoins Could Move Upwards

The Bitcoin dominance rate (BCD) has fallen to a major support level, a breakdown below which could indicate a bullish period for altcoins. However, both LTC and XRP have fallen below almost year-long support levels and have yet to show clear signs of reversal.

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Crypto Market Faces Massive Resistance as Traders Expect Altcoins to Dive

The crypto market is flashing some overt signs of weakness as Bitcoin leads most major altcoins lower Although some smaller tokens have been able to escape these losses, the aggregated market recently tapped a major resistance level, opening the gates for major downside This has led traders to widely note that Bitcoin and other major alts like Ethereum could be positioned to see immense losses in the near-term Bitcoin and the aggregated crypto market have […]

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2 Altcoins That Could Soon Break Out

ALGO has reclaimed a long-term support level and created a bullish reversal pattern. RSR is attempting to break out above a very important resistance level but has yet to do so. Algorand (ALGO) The possibility of the ALGO price moving upwards was shown by @damskotrades, and it shows that the price has just reclaimed the […] The post 2 Altcoins That Could Soon Break Out appeared first on BeInCrypto.

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BTC Dominance Signals Abrupt End to Crypto Altcoin Season

BTC dominance – a metric that weighs the entire Bitcoin market cap against other crypto assets – has been falling in recent weeks, giving many small-cap altcoins a chance in the limelight. The short-lived altcoin season could come to an abrupt end, however, according to a highly reliable indicator. BTC Dominance To Grow, Putting Sudden...

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XRP Could Soon Trap Bulls; Here’s How Low Traders Think It Could Decline

XRP, like most other altcoins, has been caught within a bout of sideways trading throughout the past several days and weeks The cryptocurrency’s rangebound trading may not last long, however, as analysts are now noting that it could be poised to see some major downside in the days and weeks ahead Its next notable decline could be sparked by a bull trapping movement higher Some analysts are even pointing to a fractal that suggests new […]

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Ethereum’s Price Action Could Resemble a “Car Crash” if it Breaks Below $190

Ethereum has once again declined back down to its long-held consolidation channel around $200 The cryptocurrency is now showing some signs of weakness as it continues performing poorly alongside Bitcoin and most other major altcoins This weakness could soon lead it down to a key support level that must be maintained by buyers A failure for ETH to hold above this level could mean a “car crash” style decline is imminent, according to one analyst […]

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These 2 Altcoins Could Be the Next Ones to Initiate Upward Moves

Theta Token (THETA) has broken out above an important resistance level and validated it as support afterwards. RVN has yet to break out but is showing strong signs of a reversal. Ravencoin (RVN) Cryptocurrency trader @IncomeSharks outlined an RVN chart in which the price is exiting his buy zone, which is found at 200 satoshis.

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These 4 Altcoins Could Soon Initiate Upward Movements

OGN and COS are showing signs that their long-term downward trend may be nearing its end. Even though ETC and VIBE show similar price action, the chances for a reversal are not as strong. With the consistently increasing Bitcoin dominance rate, altcoins are naturally falling to their lowest levels when looking at their BTC pairs.

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Altcoins Headed For A Nauseating Capitulation As Bitcoin Strengthens: Analyst

The crypto market has rebounded sharply from the mid-March lows, but the altcoin market activity in recent days suggests that altcoins could be in for a brutal correction soon. Despite desperate hopes for an altseason, one analyst thinks altcoins are likely headed lower than anyone could have imagined, as bitcoin’s dominance grows from strength to […]

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Bitcoin Bull Markets Show Increasing Traction Among Altcoins

Most of the users who buy Bitcoin on Coinbase end up switching to an alternative currency, especially when BTC starts a “bull run”, according to a Coinbase report. Users trade BTC for Altcoins looking to boost profits According to Coinbase, this could be because traders feel confident about their investments in Bitcoin and look for […]

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Will MATIC Match DigiByte’s 350% Gains?

The Digibyte price began an upward move on March 25 and has increased by 350% since. While most other altcoins have not posted comparable increases, several have created setups that could allow for the initiation of a similar move.

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Altcoins Breaking Out of Multi-Week Channels, is Another Rally Imminent?

All attention has been on Bitcoin this past week as it clawed its way back to five figures. The majority of altcoins have been slow to catch up, but some are beginning to break out, leading analysts to believe a rally could be imminent.

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Here’s How Bitcoin Could Force Altcoins to Set “Major Lows”

Bitcoin has posted a notable upswing today that has allowed it to approach its next key resistance level at $9,500 The cryptocurrency’s intense uptrend is showing no signs of slowing down as it continues gaining dominance over the entire market Some analysts are now noting that altcoins could be positioned to see some serious losses in the weeks ahead as they all decline against their BTC trading pairs The aggregated cryptocurrency market has continued declining […]

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Bitcoin Halving Hype Could Give Way to Consolidation or Retracement, But what about Altcoins?

Just four days away from halving, we have some interesting next few weeks ahead of us. The world's leading digital asset is already enjoying an uptrend, currently trading above $9,800, breaking off its relation with equities after the correlation between them reached a peak during the past couple of months. This short pump is rolling […]

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Bitcoin’s Next Move Up Could Create a “Very Painful” Situation for Altcoins: Here’s Why

Bitcoin saw a notable upswing today that allowed it to firmly surmount the heavy resistance it was previously facing at $9,200. Today’s price action has marked the first sustained period of trading within the $9,000 region that the cryptocurrency has seen since late-February.

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Bitcoin Dominance Reversal At Key Level Points To Sustained Altcoin Rally

Bitcoin’s halving is here in just one week, and the first-ever cryptocurrency is widely expected to rally as a result. But Bitcoin dominance has been consolidating at a key level. This could indicate that altcoins will soon outperform BTC with a sustained rally over the next several years. BTC Dominance Reached 0.5 Fib Level, Key...

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Data shows that the ongoing crypto rally could be highly sustainable

Bitcoin saw a technically significant uptrend today that allowed it to erase virtually all of the losses resulting from the meltdown it faced in mid-March. Its $1,000 climb today sent shockwaves throughout the crypto market, leading many altcoins to post notable gains.

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