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Do or Die: Ethereum Tests Critical Support Region as Bears Try to Regain Control

Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […] дальше »

2020-10-18 22:00


Bitcoin is Hovering Above a Crucial Level; Here’s What to Watch For

Bitcoin and the entire crypto market are still caught in the same consolidation phase that they have been trapped within throughout the past few days The market has been struggling to maintain its momentum as its buy-side pressure wanes BTC’s current stability isn’t overtly bearish, however, as it also indicates that sellers don’t have any serious backing at the moment Where the entire market trends next likely depends on Bitcoin, which is currently trading above […] дальше »

2020-10-15 21:00


Ethereum to See Further Losses as Crypto Market Becomes “Beyond Bearish”

Ethereum and the aggregated crypto market have been caught in the throes of a strong downtrend throughout the past 24-hours This has come about due to multiple macro developments, including news about President Trump’s health as well as the government’s decision to chart the BitMEX owners Despite the overt bearishness of these sellable news events, both Ethereum and Bitcoin are still sitting above their multi-week lows That being said, one analyst is expecting Ethereum to […] дальше »

2020-10-3 23:00


Bitcoin is Gearing Up for a Major Push Lower as Analysts Eye $9,600

Bitcoin’s inability to break above $10,500 speaks to some underlying weakness amongst the cryptocurrency’s bulls It also shows that the bears still have the edge over the benchmark crypto’s price action, which could mean that a break below its key support between $9,900 and $10,000 is imminent BTC is currently caught within a consolidation phase, being unable to find any strong momentum following the recent rejection Analysts are growing bearish on its near-term outlook, with […] дальше »

2020-9-12 02:00


Bitcoin Price (BTCUSD) Sees Violent $750 Drop, Top Formation Appears

Yesterday, crypto bulls began celebrating as Bitcoin poked its head above resistance at $12,000 momentarily, before pulling back ahead of the first daily close of the new month. The failure to set a new high, coinciding with some bearish technical signals and underlying market factors, may have prompted the selloff. But how low will this […] дальше »

2020-9-2 14:49


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 […] дальше »

2020-8-8 23:00


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 […] дальше »

2020-8-8 21:00


Trader: Bitcoin Could Be Forming a Massive “Bull Trap” as Bearish Signs Emerge

Bitcoin is currently flashing overt signs of strength as it consolidates above $11,000 Bears attempted to catalyze a selloff yesterday, but the previous resistance at $10,500 now has flipped into a strong support level Analysts are widely noting that the cryptocurrency is positioned to see further upside However, one trader is cautioning against premature euphoria He notes that there are a few signals that indicate this movement could be a massive “bull trap” that ends […] дальше »

2020-7-30 02:00