TA: Bitcoin Near Inflection Zone, Why Breakdown Below $15,800 Seems Likely

Bitcoin price started a downside correction from well above $16,200 against the US Dollar. BTC is likely to accelerate losses if there is a clear break below the $15,800 support. Bitcoin failed to stay above the $16,200 support and extended its decline. дальше »

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Analysts Watch Crucial Bitcoin Support as Altcoins Gain Momentum

Bitcoin has been inching lower throughout the past few days and weeks, with buyers and sellers both being unable to take control of its near-term trend This slight decline has come about following a period of immense strength and stability as it consolidated above $16,000 If it continues trading below this level, its recent $16,500 highs could mark a long-term top Where it trends next may depend on one key support level that an analyst […] дальше »

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Indicator Suggests Bitcoin is Overbought; $13,300 Could be Imminent

Bitcoin is currently struggling to hold above its crucial $16,000 support level as buyers and sellers both fight for control of its near-term price action Where it trends next will likely depend largely on the continued reaction to this level, as a sustained decline below it could strike a serious blow to its technical outlook One trader is noting that one technical indicator is suggesting that Bitcoin is overbought at the present moment The same […] дальше »

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Why This Data Metric Indicates Bitcoin Traders Should “Proceed with Caution”

Bitcoin is now consolidating within the lower-$15,000 region following an intense selloff overnight During this time, bears attempted to invalidate the cryptocurrency’s market structure and push it below the lower-$15,000 region, but bulls have held strong Because this decline has been slow and mostly absorbed by buyers, there’s a strong possibility that it will be followed by further upside One indicator is flashing some warning signs to investors, with the average returns seen by traders […] дальше »

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BNB Drops After Failure to Reach New Yearly High

The Binance Coin (BNB) price has failed to break out and reach a new yearly high. Instead, the price has broken down from its bullish structure. It is likely that BNB is in a correction and will decline towards the targets given below. дальше »

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Charted: Chainlink (LINK) Signaling Bearish Continuation Below $9.8

Chainlink (LINK) started a sharp decline from the $11. 60 resistance zone. The price is now trading well below $10. 50 and it seems like the bears are aiming a test of the $9. 00 support. Chainlink token price started a major decline after it failed to clear the $11. дальше »

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TA: Ethereum Near Make-or-Break Levels, Why There’s Risk of Sharp Decline

Ethereum’s ether traded below the $388 and $380 support levels against the US Dollar. ETH price is now testing $372 and it remains at a risk of more downsides. Ethereum extended its decline below the $392 and $388 support levels. дальше »

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TA: Bitcoin Correction To $13k On Horizon As Bulls Lose Control at $13.7k

Bitcoin price struggled to settle above the $13,700 resistance and declined below $13,500 against the US Dollar. BTC is likely to retest $13,000 before it could rise again. Bitcoin started a fresh decline after it faced a strong selling interest near $13,700. дальше »

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Yearn.finance Could Rally to $14,000 Following Sub-$10,000 Dip

Yearn. finance’s YFI token saw a sharp capitulatory decline overnight that caused it to post some massive losses. This decline briefly sent it below $10,000, which is a level that had not been broken below since weeks before its parabolic move to $45,000 started. дальше »

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Waves Bounces But Fails to Clear Resistance

The Waves (WAVES) price has been rising since Sept but has reached a crucial resistance level and has been rejected. The most likely scenario seems to be a decline towards the support levels outlined below. дальше »

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XTZ Targets Closest Support After Triangle Breakdown

The Tezos (XTZ) price has been falling rapidly since the beginning of August and has just broken down from a neutral pattern. The price should decline until it reaches the support levels outlined below. дальше »

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Charted: Chainlink (LINK) Rejected $11, And It’s Vulnerable to a Drop Below $10.5

Chainlink (LINK) started a fresh increase, but it struggled to clear the $11. 00 resistance. There is now a risk of a sharp decline below $10. 50 if there is no break above $11. 00. Chainlink token price is struggling to gain momentum above $11. дальше »

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Charted: Ripple (XRP) Technicals Suggest a Crucial Breakdown Below $0.24

Ripple started a steady decline and traded below the $0. 2500 support against the US Dollar. XRP price is showing bearish signs and it might slide further below $0. 2375. Ripple failed to stay above the $0. дальше »

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TA: Ethereum Could Narrowly Avoid a Major Drop if it Closes Above $380

Ethereum extended its decline below the key $365 support against the US Dollar. ETH price is correcting higher and it must surpass $380 for to avoid another bearish wave. Ethereum started a decent upward move after it tagged the $360 level. дальше »

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Ethereum Struggling Below $375, But 100 SMA Can Trigger A Fresh Rally

Ethereum started a steady decline from the $395 swing high against the US Dollar. ETH price is now trading just above the main $360 support and the 100 SMA (H4). ETH price is showing a few bearish signs below $375 and $380 against the US Dollar. дальше »

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Ethereum Could Push to $420 if It Flips One Key Level into Support

Ethereum is currently caught within a consolidation phase alongside Bitcoin and its other peers This has made its near-term outlook somewhat unclear, as where it trends next may depend largely on the price action seen by BTC Overnight, an influx of selling pressure caused its price to plunge just over 1%, with this decline sending it below the crucial $380 level This level has long been pivotal for Ethereum, and its recent break above it […] дальше »

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TA: Bitcoin Topside Bias Vulnerable If It Continues To Struggle Below $11.5K

Bitcoin price is consolidating in a range below the $11,500 resistance against the US Dollar. BTC could start a substantial decline if it breaks the $11,230 support zone. Bitcoin is struggling to gain traction above the $11,500 and $11,520 resistance levels. дальше »

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TA: Ethereum Consolidates Below $350: What Could Trigger A Sharp Decline?

Ethereum is currently consolidating losses below the $350 pivot against the US Dollar. ETH price remains at a risk of a sharp decline unless it surges past $345 and $350. Ethereum traded as low as $333 and it is currently consolidating losses. дальше »

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TA: Bitcoin Prints Bearish Technical Pattern, Why It Could Revisit $10.2K

Bitcoin price is currently correcting higher from the $10,550 support against the US Dollar. BTC is currently facing hurdles and it is likely to resume its decline below $10,550. Bitcoin is showing many bearish signs below the $10,800 resistance zone. дальше »

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Despite Short-Term Weakness, Bitcoin Macro Trend Still Positive

Since peaking in late August, the price of Bitcoin has undergone a strong decline that has brought the cryptocurrency as low as $9,800. At its worst, BTC was trading more than 21% below its local year-to-date high. дальше »

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Chainlink (LINK) Technicals Suggest A Strong Case For Break Below $8

Chainlink (LINK) started a fresh decline after it failed near a major hurdle at $11. 00 against the US Dollar. It is down 10% and it could accelerate lower below $8. 00. Chainlink token price topped near a major resistance at $11. дальше »

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TA: Bitcoin Rejected $10,800, And It’s Vulnerable to a Drop Below $10,500

Bitcoin price failed to clear the $10,800 resistance and started a fresh decline against the US Dollar. BTC could continue to move down below $10,500 as long as it is below the 100 hourly SMA. Bitcoin failed to hold gains and started a fresh decline from the $10,800 resistance level. The price broke the $10,650 […] дальше »

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Ethereum Price Action Suggests A Firm Case For Drop Towards $310

Ethereum topped near the $370 resistance and declined sharply against the US Dollar. ETH price is showing bearish signs below $355 and it might continue to move down. ETH price started a fresh decline after it failed to clear $370-$375 against the US Dollar. дальше »

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Bitcoin Closes Below 100 SMA, Indicators Suggest Larger Decline To $10K

Bitcoin failed to surpass the $11,000 resistance and started a fresh decline against the US Dollar. BTC is now well below the 100 SMA (H4) and it could decline further towards $10,000. Bitcoin failed once again to clear the $10,950 and $11,000 resistance levels. дальше »

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Bitcoin Topside Bias Vulnerable If It Continues To Struggle Below $11K

Bitcoin price is stuck in a broad range below the $11,000 resistance against the US Dollar. BTC is likely to decline sharply if it continues to fail near $10,800 and $11,000. Bitcoin is struggling to gain bullish momentum and it is well below the $11,000 resistance. дальше »

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Ripple (XRP) At Risk of Sharp Decline, As Double Top Pattern Emerges

Ripple spiked higher and retested the key $0. 2550 resistance area against the US Dollar. XRP price failed to break $0. 2550 and it is now showing bearish signs below $0. 2450. Ripple failed to clear the $0. дальше »

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Ethereum Close Below $350 Could Spark Larger Degree Correction To $330

Ethereum tested the $370 resistance before correcting lower against the US Dollar. ETH price could start a larger decrease if it fails to stay above $350 and $348. Ethereum started a fresh decline after trading to a new weekly high near $370. дальше »

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Bitcoin Correction To $10k On Horizon After Bulls Lose Control At $10.9k

Bitcoin price failed to clear the $10,900 and $11,000 resistance levels against the US Dollar. BTC is currently declining and it seems like there are chances of an extended decline to $10,000. Bitcoin failed to gain strength and it remained well below the $11,000 resistance. дальше »

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Ripple (XRP) Near Crucial Juncture: Here’s Why It Could Decline Sharply

Ripple failed to extend gains above $0. 2580 and declined sharply against the US Dollar. XRP price is likely to decline heavily if it breaks the key $0. 2300 support zone. Ripple is now trading well below the $0. дальше »

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Ripple (XRP) Price Turns Red: Indicators Suggest Upsides Likely To Remain Capped

Ripple is down 5% and it broke the key $0. 2380 support zone against the US Dollar. XRP price is currently consolidating losses and upsides are likely to remain capped. Ripple started a major decline below the $0. дальше »

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Bitcoin Price Falls – Why Options Traders Are Expecting Further Decline

The top cryptocurrency by market capitalization reached a year high of about $12,500 on the 17th of August but has seen some significant decline in price recently. Its price fell to as low as $9,981 today, breaking below the $10K level. дальше »

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Bitcoin’s Critical Support is Degrading, and It’s Bad for Altcoins

Bitcoin is currently struggling to garner any notable upwards momentum as its price drifts towards its key support at $11,000 Sellers have been in firm control of its trend throughout the past several days and weeks Where it trends in the near-term will likely depend almost entirely on whether or not bulls can continue defending against a decline below $11,000 One analyst is noting that a key technical support level that was bolstering BTC is […] дальше »

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Ethereum Isn’t Clear of Danger Yet, But Analysts are Eyeing a Move to $500

Ethereum has seen a sharp decline over the past several hours that has caused it to break back below $400 This movement came about in tandem with a similar decline seen by Bitcoin and has sent shockwaves throughout the aggregated crypto market Analysts are now noting that ETH may be poised to see further near-term weakness, but its bull case remains strong One trader is noting that Ethereum has yet to break below a crucial […] дальше »

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This Support Could “Launch” Ethereum to $500 as Bulls Slow Its Descent

Ethereum saw a sharp decline throughout the past couple of days that led it to break below $400 The selling pressure driving this movement ramped up overnight, but bulls have since been able to reverse it Analysts are now noting that it may be well-positioned to see further upside in the days and weeks ahead Its positive reaction to one crucial support level is even leading one trader to note that it could soon be […] дальше »

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Here’s the Crucial Level That May Spark Bitcoin’s Next Bloodbath Decline

Bitcoin has been caught in the throes of an intense bout of sideways trading for the past few weeks, with attempts to break above or below the upper-$11,000 region proving to be highly fleeting. Earlier this week, the benchmark cryptocurrency rallied as high as $12,400 before it lost its momentum, with its price subsequently plunging […] дальше »

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

Ethereum spiked below the $400 support before recovering higher against the US Dollar. ETH price must surpass the $420 resistance and the 100 hourly SMA to start a fresh increase. Ethereum is currently holding the $405 and $400 support levels. дальше »

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Bitcoin Short Positions Surge to 4 Month High as Bears Grow Aggressive

Bitcoin and the entire crypto market – with a few exceptions – is flashing signs of weakness at the present moment This has come as a result of the sharp decline seen last night, which sent BTC reeling below its key $12,000 support The benchmark crypto is now consolidating between $11,600 and $12,000 This is the same trading range that it was trading in before its recent break above $12,000 Analysts do believe that the […] дальше »

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This Bearish Divergence Suggests Bitcoin Will Soon See a $1,300+ Pullback

Bitcoin and the aggregated crypto market are currently caught within the throes of a volatile trading session, with BTC plunging below its key $12,000 support level. The break below this crucial support caused it to plunge as low as $11,600, with bulls stepping up and guarding against a decline beneath this level. Analysts are now […] дальше »

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Bitcoin Could Retrace to $9,000 if it Breaks Below This One Key Level

Bitcoin is now hovering within the mid-$11,000 region following the intense bout of selling pressure it witnessed yesterday The decline beneath $11,200 was quickly absorbed by bulls, although BTC remains in a somewhat precarious position One analyst is pointing to massive support just below where the crypto is currently trading as a bullish factor That being said, other traders are cautioning that BTC is getting closer to a key level that could lead the crypto […] дальше »

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The Bitcoin Dominance Rate Seeks to Bounce From the Current Support Area

The Bitcoin dominance rate (BTCD) has reached a crucial support level, a decline below which could trigger a sharp drop. However, technical indicators suggest that a bounce is to be expected. Possible Bounce for the Bitcoin Dominance Rate The Bitcoin dominance rate has been decreasing since May 8, when it reached a high of 68. дальше »

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Ripple (XRP) Nosedives 8%, Technicals Indicate A Drop To $0.25

Ripple failed to clear the $0. 3000 barrier and started a strong decline against the US Dollar. XRP price is down over 8% and it seems like the bears are aiming a test of the $0. 2500 support. Ripple is declining and it is now trading well below the $0. дальше »

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XRP May Explode Higher After “Destroying” a Macro Downtrend Line

XRP is currently hovering around the key $0.30 region as its buyers attempt to stop it from breaking below this crucial support level. This slight decline comes as the aggregated crypto market begins facing heightened selling pressure, although it has not been enough to invalidate the market’s macro strength. Analysts are now noting that XRP […] дальше »

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This Simple Breakout Pattern Could Resend Ethereum Price Above $400

Ethereum dived from the $417 swing high and traded below $350 against the US Dollar. ETH price is currently recovering above $375 and it is likely to climb back above $400. Ethereum started a sharp decline from the $417 high and dived towards the $300 support. дальше »

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Ampleforth (AMPL) Freefalls After Breaking Below $1; Will it Continue Dropping?

Ampleforth is currently caught in the throes of an intense downtrend that has caused it to decline significantly This comes as its economic structure begins having adverse impacts on its price action Analysts are widely noting that this sort of price decline is essentially by design, due to its elastic circulating supply Despite being designed to trade around $1 – a level that it has since broken below – it may not see a sharp […] дальше »

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Ethereum Showing Early Signs of Strong Decline, But $230 Is The Key

Ethereum is retreating lower from the $245 resistance against the US Dollar. ETH is now showing bearish signs below $235, but the $230 support holds the key in the near term. Ethereum is currently facing an increase in selling pressure below $240 and $235. дальше »

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Ethereum price update: bears wobble below $240

Ethereum has sank to $234, following on from Bitcoin’s decline to $9,150 Ethereum continues...

The post Ethereum price update: bears wobble below $240 appeared first on Coin Journal.

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Bitcoin is Flashing Signs of Weakness as It Trades Below Crucial Level

After another failed breakout attempt, Bitcoin is once again hovering just above its crucial $9,200 support The entire crypto market is currently expressing some signs of weakness This weakness may be rooted in BTC’s decline beneath what one analyst is describing as a crucial level He notes that a daily close beneath $9,230 would make a compelling case that further downside is imminent This comes as multiple technical indicators all point to an imminent surge […] дальше »

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Bitcoin Price Still 137%+ Up Since Black Thursday, Despite Recent Decline Below $9,000: Top Analyst

Analyst Michael van de Poppe has tweeted to calm the Bitcoin community down by saying that despite the recent decline BTC is still 137%+ up since Black Thursday дальше »

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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 […] дальше »

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Ethereum Likely to Dive Towards $200 as Overnight Selloff Rattles Market Structure

Ethereum has decline today alongside Bitcoin and the aggregated crypto market, breaking below a key support level that was previously being defended by buyers It now appears that ETH could be well positioned to see even further downside in the days and weeks ahead One technical indicator is forecasting that it will plunge to $200 before it is able to garner any notable buying pressure This could lead it to break below a key support […] дальше »

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