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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


Bitcoin Price Weekly Analysis: BTC Signaling Bullish Continuation, $4K Incoming?

Bitcoin price started a downside correction after a sharp move towards $3,750 against the US Dollar. The price corrected lower and tested the $3,540-3,530 support area, where buyers emerged. Later, there was a break above a key bullish flag with resistance near $3,570 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). дальше »

2019-2-17 09:00


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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21


Ethereum Price Analysis: ETH Surges By 25% as It Reclaims the Number 2 Ranking — Can the Bulls Now Break Above $127?

Support for ETH moving forward: $120, $115.15, $110.46, $102.55, $100. Resistance for ETH moving forward: $124.91, $127.36, $130.90, $134.05,… The post Ethereum Price Analysis: ETH Surges By 25% as It Reclaims the Number 2 Ranking — Can the Bulls Now Break Above $127? appeared first on Invest In Blockchain. дальше »

2019-2-12 13:04


Ripple Price Analysis: Ripple Loses Its Second Position to Ethereum As XRP/USD Remains Trapped In Symmetrical Triangle Pattern

Support for XRP moving forward: $0.3028, $0.30, $0.2924, $0.2858. Resistance for XRP moving forward: $0.3150, $0.3185, $0.3284, $0.3325, $0.3385,… The post Ripple Price Analysis: Ripple Loses Its Second Position to Ethereum As XRP/USD Remains Trapped In Symmetrical Triangle Pattern appeared first on Invest In Blockchain. дальше »

2019-2-11 16:55