Ethereum is Touching a Key Resistance Level, and It Could Spark a Drop to $280

2020-8-1 23:00

Ethereum is flashing signs of immense strength as it pushes up towards its high time frame resistance at $350 This level has long been a target that analysts have been setting their sights on, and it is likely that a heavy amount of selling pressure exists here Although over a macro time frame ETH is firmly bullish, the visit to this level may spark a slight selloff that leads it down towards $280 Analysts are […]

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Источник: bitcoinist.com

level time → Результатов: 126


Analyst Who Forecasted Latest Bitcoin Rally Now Predicts Move to $18,000

Bitcoin’s price has found some notable stability in the time following its intense rally past $11,000 seen yesterday Although the cryptocurrency has not yet retraced following this incredible movement, it does appear to be facing some resistance above its current price levels BTC is now establishing the $11,000 level as support, which is a highly bullish sign – according to analysts One prominent trader who forecasted this latest movement is now noting that the crypto […]

2020-7-29 21:00


Crypto Market is ‘Extremely Greedy’ for the First Time in 2020

Before bitcoin started up-trending last week, its volatility fell below 25%, a level rarely seen in BTC’s history, which had the market expecting a big move. Coin Metrics notes, “Prolonged periods of low levels of volatility encourage market participants to take on greater position sizes, engage in increased leverage, set tighter stops, and reduce the […]

2020-7-28 20:18


Here’s Why Bitcoin is Poised to Hit $11,500 Following Overnight Rally

Bitcoin and the entire cryptocurrency market witnessed an intense upswing overnight, with BTC and Ethereum outshining altcoins for the first time in many weeks This sharp upwards movement came about suddenly, and for a brief moment allowed Bitcoin to shatter the resistance it previously faced at $10,000 The selling pressure above this level was heavy, however, and caused the cryptocurrency’s price to decline after it hit highs of $10,200 Despite the rejection here, analysts are […]

2020-7-27 19:00


Here are Three Factors Suggesting Bitcoin is Poised to Explode Higher

Bitcoin has been able to stabilize over $9,300 following the upswing seen yesterday This is the first time the crypto has been able to hold over this price level for an extended period in many weeks The aggregated market is showing some signs of strength, as the downturn seen yesterday was erased by many individual altcoins \One analyst is now noting that there are several factors currently playing into Bitcoin’s favor He notes that the […]

2020-7-23 21:00


Bitcoin is About to See “Nasty Price Action” if it Breaks One Crucial Level

Bitcoin has entered yet another consolidation phase, this time hovering around $9,200 as it reestablishes its position within its previously held range between $9,000 and $9,300. The cryptocurrency’s recent price action has done little to offer any significant insight into its macro outlook, as it still remains caught within its long-held range between $9,000 and […]

2020-7-12 01:00


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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 […]

2020-7-12 22:00


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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 […]

2020-7-9 21:00


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Cardano (ADA) May Be Forming a Macro Top Despite Surging 400% Since March

Cardano has been caught within an intense rally over the past few weeks, surging amidst a flurry of positive news This rally has allowed it to set fresh yearly highs today, and in the near-term, it appears that it will continue climbing higher It is important to note that it is quickly navigating up towards a massive high time frame resistance level The selling pressure here may be insurmountable and could spark a selloff This […]

2020-7-8 23:00


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Bitcoin Flips Bearish as Dreaded “Death Cross” Returns

Bitcoin’s price is flashing some signs of weakness again as it nears it crucial $9,000 support The multiple tests of this level do seem to indicate that it is growing weaker, and it may only be a matter of time before sellers forcefully push BTC beneath it This comes as the be3nchmark cryptocurrency grows bearish from a technical perspective Analysts are noting that it recently formed a widely dreaded “death cross’ on its four-hour chart, […]

2020-6-30 21:00


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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 […]

2020-6-29 22:00


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Analyst: If Bitcoin Holds $8,700, the Chances of “Bullish Continuation” Are High

The past few weeks have seen Bitcoin tread on thin ice multiple times: every time the cryptocurrency rallied to $10,000, it snapped lower, often violently. This week’s attempt at the crucial $10,000 resistance was no exception: after temporarily trading above the level for all of 20 minutes, the asset began a precipitous decline.

2020-6-13 04:00


User Pays $2.6 Million to Transfer Just $130 Worth of ETH; By Far the Highest Fees Ever Paid

After climbing above $240, the second-largest cryptocurrency has slowed down and is keeping around this level. The percent of Ether supply in profit, which is the percentage of calculating ETH whose price at the last time it moved on-chain was lower than the current price, is currently hovering at 80%. It is the third attempt […]

2020-6-11 17:56


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Разработчик назвал альткоин, который сможет обогнать биткоин по капитализации

Ведущий разработчик аналитической блокчейн-платформы Blockchair рассказал, почему Ethereum может обогнать биткоин по рыночной капитализации в ближайшие пять лет. I have a strong feeling that this is the last time we see Bitcoin’s dominance level above 66%.

2020-6-10 11:24


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Ethereum Holders Endure Unrealized Losses – Is ETH Undervalued?

Ethereum (ETH) has been underperforming in this cycle, trailing far behind Bitcoin’s impressive rally to new all-time highs. While Bitcoin captures headlines with its continued surge, ETH struggles to reclaim its yearly highs, leaving many investors questioning its next move.

Is Ethereum Undervalued? Investors Hold Firm While Price Targets Rise

Ethereum has experienced a noticeable surge in its price recently, trading above the psychological $3,000 price mark, which has reignited interest in the crypto market. According to on-chain analysis, retail investors appear to be adopting a “hold” strategy, resisting the urge to sell despite the increase in ETH’s value.