Cardano drops 15% as amid broad selloff; here's where it can find support

Bitcoin dropped below the $40k mark in recent hours. Cardano saw a strong move on the lower timeframes in the past week as it rallied from $1. 23 to $1. 63 and appeared to break out of a downtrend.

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Ethereum Classic broke out of a long-term downtrend; here's where you can buy in

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In the near term, Ethereum Classic had a bullish bias. It flipThe post Ethereum Classic broke out of a long-term downtrend; here's where you can buy in appeared first on AMBCrypto.

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FTX 'Venture'ing into Web3 helps FTT break out of its five month downtrend

The quickly expanding world of Web3 has grabbed the attention of investors and developers alike and FTX is looking to dip their toes in it too.  FTX Venture FTX’s new branch call FTX Venture has The post FTX 'Venture'ing into Web3 helps FTT break out of its five month downtrend appeared first on AMBCrypto.

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Dogecoin (DOGE) finally snaps out of its November downtrend – what does the future hold?

For much of November, Dogecoin (DOGE) endured a consistent downtrend. Although in general, the… The post Dogecoin (DOGE) finally snaps out of its November downtrend – what does the future hold? appeared first on Coin Journal.

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Bitcoin Bearish Signal: Exchange Reserves Show Sharp Increase

Bitcoin exchange reserves have shown a sudden sharp spike recently, despite being in a declining trend for months. After Months Of Downtrend, Bitcoin Exchange Reserves Shoot Up As pointed out by a CryptoQuant post, on-chain data shows that BTC exchange reserves have spiked up in the past couple of weeks.

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Bitcoin Dominance Rate (BTCD) Breaks Out From Short-Term Downtrend

The Bitcoin Dominance Rate (BTCD) has been increasing over the past five days and is approaching a crucial resistance area, a breakout above which could determine the direction of the future trend.

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Despite New ATH, Bitcoin Exchange Reserves Continue To Decline

Despite the fact that Bitcoin has made a new ATH above $66,000, the exchange reserves have continued their trend of decline. Bitcoin All Exchanges Reserve Continues To Go Down As pointed out by a CryptoQuant post, the Bitcoin all exchanges reserve continues to show a downtrend despite the crypto making new all-time highs (ATHs).

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Bitcoin and Ethereum Exchange Reserves Continue To Plummet, As Supply Shock Tightens Its Grip

Data shows Bitcoin and Ethereum exchange reserves continue their downtrend as the supply shock tightens its grip. Bitcoin And Ethereum Exchange Reserves Trend Downwards As pointed out by a crypto trader in a tweet, both Bitcoin and Ethereum continue to experience a decline in their exchange reserves.

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Bitcoin Exchange Reserves Lowest In 3 Years, What Does It Mean For The Price?

On-chain data shows Bitcoin exchange reserves have hit the lowest value in 3 years, here’s what it might mean for BTC’s price. Bitcoin Exchange Reserves Lowest In 3 Years As Negative Netflows Continue As pointed out by a CryptoQuant post, exchange reserves have been continuing their downtrend, and have now reached lows not seen since 3 years ago.

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Alchemist (MIST) coin up 76% in 24 hours: here are the best places to buy it

Alchemist (MIST) coin unleashed a monster rally yesterday (September 8, 2021) and the trend is gathering momentum every hour. This comes after a downtrend that lasted the whole of August. Following these developments, investors are scrambling for the coin for fear of being left out because there are speculations that the prices will move even […] The post Alchemist (MIST) coin up 76% in 24 hours: here are the best places to buy it appeared first on Invezz.

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These Ethereum Indicators Show Whales Continue To Accumulate

According to on-chain analysis, some Ethereum indicators are showing signals that whales are continuing to accumulate the cryptocurrency. Ethereum Shows Negative Netflows As Exchange Reserves Continue The Downtrend As pointed out by a CryptoQuant post, ETH indicators seem to be moving in directions that suggest whales are continuing to accumulate.

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Bitcoin RSI Breaks Out

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Ethereum Shows Deeply Negative Netflows As Exchange Reserves Fall

Ethereum netflows seem to be negative across all exchanges right now, as exchange reserves continue their downward trend. Ethereum Reserves On A Downtrend As pointed out by a CryptoQuant post, ETH reserves continue with a downward trajectory.

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Bitcoin Exchange Reserves Make A Downtrend, Are Whales Starting To Accumulate?

Bitcoin all exchanges reserve seems to be making a gradual downtrend, a sign that accumulation has been going on. The Bitcoin All Exchanges Reserve Goes Down As pointed out by a Crypto Quant post, the BTC all exchanges reserve looks like it has gone down over the past couple of weeks. The Bitcoin all exchanges […]

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Dogecoin, Tron, Aave Price Analysis: 25 April

After witnessing a strong surge in value, most altcoins have been breaching support levels. While DOGE was looking at a downtrend, bears had already camped out in the Tron market and were making theirThe post Dogecoin, Tron, Aave Price Analysis: 25 April appeared first on AMBCrypto.

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Bitcoin’s Market Structure Broken, But This Metric Points To Salvation

Bears wreak havoc in the crypto market and major coins bleed out in the lower and higher timeframes. Bitcoin (BTC) is on a downtrend with a 9% correction over the past day and 20. 9% in the 7-day chart.

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EOS, NEM, SUSHI Price Analysis: 01 April

EOS broke out past an area of supply and would look to retest it to confirm its flip to demand. NEM was consolidating on the charts, while SUSHI has been on a steady downtrend over the past two weeks The post EOS, NEM, SUSHI Price Analysis: 01 April appeared first on AMBCrypto.

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Bullish For Bitcoin: US Inflation Expectation Breaks Out From Decade Long Downtrend

Among the many reasons Bitcoin turned bullish in 2020, was primarily due to the sudden fear of inflation caused by unprecedented money printing. Each new round of stimulus money resulted in yet another massive rally in the cryptocurrency, helping fuel its rise from $3,000 to over $34,000.

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Cardano Price Analysis: 16 December

Cardano seems to have broken out of its consolidation as its price slipped down. However, with the coin trading at $0. 1514 at press time the recovery was as swift as the downtrend. With only a 6.

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DeFi “Blue-Chips” Lead Sector Rebound as Smaller Tokens Underperform

The DeFi sector has been on the up and up throughout the past few weeks, with the post-Summer downtrend first reversing earlier in early-November when Yearn. finance’s YFI token bottomed out at $7,500 and saw a massive overnight surge up towards $18,000.

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Ethereum Transaction Fees Rising Hints At DeFi Season Round Two

Over the summer months, Ethereum transaction fees ran hot, causing the DeFi trend and Uniswap token swapping boom to finally run out of steam. But as transaction fees begin to pick up again after a period of inactivity and downtrend, could it be a signal that another phase of DeFi dominance is about to start? […]

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Cardano, Monero, VeChain Price Analysis: 17 November

Bitcoin touched a high of $17,081 at press time and large-cap altcoins performed remarkably well in recent days as well. Cardano and Monero broke strongly upward out of a downtrend, while Vechain pullThe post Cardano, Monero, VeChain Price Analysis: 17 November appeared first on AMBCrypto.

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Monero, BAT, Crypto.com Coin Price Analysis: 15 November

The world's premier privacy coin, Monero appeared to break out of a short-term downtrend and could be set to move toward its resistance around the $127-level, provided it can defend an important levelThe post Monero, BAT, Crypto.

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Bitcoin Cash, Algorand, DigiByte Price Analysis: 15 November

Bitcoin Cash has been moving steadily down the charts over the past few days, with BCH likely to see more of the same in the near-term. While a break out of its downtrend was possible in the coming daThe post Bitcoin Cash, Algorand, DigiByte Price Analysis: 15 November appeared first on AMBCrypto.

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ADA Approaches Downtrend Line – Will It Break Out?

The Cardano (ADA) price has been increasing since Sept 24 and has reached an important resistance line, which has been in place since the July highs. While a short-term breakout above the current resistance line appears likely, the longer-term trend still looks bearish.

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LINK’s Breakout Could Eventually Take It to $15

The ChainLink (LINK) price has broken out from a downtrend line that had been in place for more than two months. Despite this, the price has failed to considerably increase after the breakout and has yet to clear a crucial resistance level, which would be a sign that the trend is bullish.

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SushiSwap (SUSHI) Vies for Buyers as Liquidity Pool Loses Out $1.13B

There is nothing delicious about SUSHI anymore. The SushiSwap decentralized exchange’s governance token continued on its downtrend as its price fell another 15 percent in the new week. As of 1130 UTC, SUSHI/USD was trading at $0.

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Decoupling? Bitcoin vs. gold ratio snaps out of 3-year bear market

A long-term downtrend flips to form bullish support as Willy Woo says Bitcoin’s days of tracking traditional markets are numbered.

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Current Bitcoin Pullback Unlike 2018 Bear Market – Analyst Explains Why

Bitcoin has been on a continuous downtrend in the last 48 hours, losing 5% in just 24 hours. This has led to panic across the crypto community as uncertainty looms. Several key levels have been broken for several cryptocurrencies and Bitcoin isn’t left out.

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Economist: Early Days of Bitcoin Uptrend Are Here, Breakout Has A Long Way To Go

Bitcoin price is on fire again, after spending three full months trading sideways. After busting through resistance at $10,000 and out of its downtrend, the asset quickly rocketed to over $12,000. Still, one economist says that this is just the “super early days” of Bitcoin’s next uptrend.

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100M XRP Unlocks from Ripple’s Escrow Wallet, Compounding Technical Weakness

XRP has been caught within a long-held bout of consolidation around $0.20, struggling to garner momentum in either direction Although the lack of a consistent USD downtrend may be welcomed by its embattled investors, the cryptocurrency has been flashing some signs of overt weakness as of late One such sign would be the losses it has posted against BTC over the past several weeks Another 100 million tokens were also just moved out of Ripple’s […]

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Ethereum Breaks Out

Ethereum saw today a breakout of its long term downtrend in weekly candles according to a trader. Since January 2018 ethereum has seen only downwards until early last year when... The post Ethereum Breaks Out appeared first on Trustnodes.

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Ethereum Could Narrowly Avoid a Major Downtrend if it Closes Above One Key Level

Ethereum has been able to capture some notable upwards momentum today, surging towards its key near-term resistance at $210 as the aggregated crypto market pushes higher. This has allowed the crypto to narrowly avoid seeing massive losses stemming from a previously bearish market structure that it had formed. ETH isn’t completely out of the woods...

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Altcoins Break Out Against Bitcoin After Six Months Of Sideways

The crypto market is currently the most explosive its been since the 2017 crypto bubble, with Bitcoin and individual altcoins smashing through downtrend resistance and going on insane rallies. Altcoins have also broken out against Bitcoin after six full months of sideways trading, suggesting that an alt season is on the horizon.

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Bitcoin Just Formed a Golden Cross, Restoring Faith in A Crypto Bull Run

The bullish Bitcoin rally of 2020 has helped push the leading crypto asset out of a six-month downtrend and two-year-long bear market. The buying pressure from FOMOing crypto investors just caused a golden cross to occur on price charts, which could very well signal the start of a new uptrend that could take Bitcoin to... The post appeared first on NewsBTC.

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XRP Breaks Out of Two-Year Downtrend Against Bitcoin and the Dollar

XRP is the talk of the crypto space today, after rallying over 7% in a matter of minutes towards a high of 27 cents per XRP token. The surge is the result of a breakout on both the XRP/USD and XRP/BTC trading pairs, indicating that Ripple will so rally against the dollar and Bitcoin itself.... The post appeared first on NewsBTC.

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Global Altcoin Breakout Could Usher Return of Alt Season Crypto Riches

The altcoin market has been ablaze all 2020 thus far, after the total crypto market and many individual altcoins broke out from downtrend resistance and went on massive rallies. Next, altcoins are preparing a global breakout of major, horizontal resistance, which if holds could lead to a return of alt season and richest beyond investor’s... The post appeared first on NewsBTC.

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Ready For Liftoff: Two-Year Downtrend Breakout Could Lead to $14 XRP

XRP, the cryptocurrency commonly called Ripple, is in the midst of breaking out from downtrend resistance that has kept the crypto asset at low prices for over two full years of bear market. A breakout from what appears to be a bull flag or pennant pattern could shock the crypto market with rapid, explosive gains,... The post appeared first on NewsBTC.

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Altcoin Market Preparing Shocking Disbelief Rally According to Wall Street Cheat Sheet

Last week, the altcoin market and many individual crypto assets broke out from downtrend resistance and went on a massive rally. However, for the first time since the crypto hype bubble collapse, the crypto community isn’t buzzing about an alt season suggesting that investors are still in the disbelief stage.

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A Deep Retracement For Ethereum and XRP is Inevitable, Based on This Indicator

All last week, the altcoin market was on fire, with many crypto assets – including Ethereum and XRP – breaking out from downtrend resistance and going on massive rallies – some of which set over a few hundred percent gains.

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The Case For Why $6,400 Wasn’t Bitcoin’s Local Downtrend Bottom

The cryptocurrency community is currently exploding with exuberance, as Bitcoin may have broken out from its recent downtrend into a full-blown reversal, and the rest of the crypto space has seen altcoins going on hundred percent rallies reviving talk of a bull run once again.

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Altcoin Market Explodes By Over 50% In 30 Days, Is Crypto Due for A Pullback?

This week, the total altcoin market cap broke out from local downtrend resistance, causing many individual crypto assets to go on monstrous rallies, some to as much as 400% gains. The breakout also caused the total crypto market cap sans Bitcoin to rise from $50 billion to over $77 billion, resulting in 50% growth within... The post appeared first on NewsBTC.

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Bitcoin Dominance Could Be Poised for Extended Downtrend As Alts Rally

Last year, it was all about Bitcoin and its parabolic rise out of its bear market bottom. The first-ever cryptocurrency consolidated for months in a low range around $3,000 before exploding 350% to $14,000 at the year’s high.

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Pumping Altcoins All Have One Thing In Common: Crypto Whale Games

This week, the crypto market caught fire, with Bitcoin, Ethereum, Litecoin, and many other cryptocurrencies going on powerful rallies and breaking out of downtrend resistance. However, analysts across crypto Twitter have been left scratching their heads as to what’s changed in the market, and why this is happening.

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Bulls Beware: Last Bitcoin Downtrend Breakout Led To Bear Market Lows

Bitcoin bulls across the globe are currently rejoicing that the downtrend that the first-ever cryptocurrency has spent the last six months in, has been broken out of with the latest rally, following an inverse head and shoulders bottom forming at $6,500.

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Ready for Liftoff: Altcoin Market Cap Breaks Out of Downtrend

The crypto market, including both Bitcoin and the entire slate of various altcoins, has been in a bear market for two full years now. After a brief rally in mid-2019, cryptocurrencies fell back into a downtrend that they’ve been stuck in for the last six months at a minimum.

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Bitcoin Price Breaks Out of Downtrend, But Gets Rejected at $8700 Resistance

Bitcoin price has been on an absolute tear over the last 24 hours, rallying from lows around $8,000 to as high now as $8700, giving bullish crypto traders confidence that a near-term bottom is in, and more upside could be in the days ahead.

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Dash (DASH) Breaks out Above 5-Month Resistance Line

The DASH price just broke out above a 164-day descending resistance line, possibly suggesting that the current downtrend has ended. The breakout transpired with significant volume. However, the price has reached a confluence of resistance areas, making it unlikely that it will be successful in moving above them on the first try.

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Bitcoin Price RSI Breakout Could Target $9K Short-Term

Bitcoin price has been trapped within a powerful downtrend that’s cut the leading cryptocurrency by market cap’s value by nearly 50% over the course of the last few months. Coinciding with the downtrend, Bitcoin’s Relative Strength Index has been confined below a decreasing trendline that the cryptocurrency has now broken out of, suggesting that a... The post appeared first on NewsBTC.

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