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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


Ethereum [ETH]: Price Rebounded Right Back to Triple Digits, What Is Next?

A look at the Weekly chart for Ethereum in logarithmic form shows that price fell to the first mini-support area at $80 then quickly rallied to meet resistance at $160-$180. The candle for the week of 16-22 December is the largest bullish candle of the year and is accompanied by large volume as well (yellow […] Ethereum [ETH]: Price Rebounded Right Back to Triple Digits, What Is Next? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-12-27 14:49


Altcoin Price Analysis: Litecoin Prices Ready to Bounce Back After 11 Months of Bleeding

After 11 months of lower lows, Litecoin, Monero, Stellar Lumens and Cardano prices are ripe for recovery mostly thanks to last week’s price stability and the general expectation in the market. Regardless, we shall maintain a bearish stance despite incoming streams of supportive fundamentals changing this position once there are gains above key resistance levels. дальше »

2018-12-3 07:00