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Litecoin leading the crypto-market suggests a potential bullish breakout; here’s why

Litecoin seems to be leading the recent run-up in the cryptocurrency market. Based on historical data, the last time LTC behaved this way it marked the beginning of a full-blown bull run. Litecoin leads the crypto-market In a recent tweet, on-chain analyst Willy Woo stated that Litecoin’s price action could be used as a “confirmation […] The post Litecoin leading the crypto-market suggests a potential bullish breakout; here’s why appeared first on CryptoSlate. дальше »

2020-1-11 22:00


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Diminishing Volume Indicative of the Potential for Bitcoin (BTC) to Reach a Fresh Low

With Bitcoin making new highs, bullish sentiment is rife within the space as many have once again called this the end of the corrective cycle. Volume, however, has been in decline since July 2019 and the technical structure of bitcoin looks more and more like the descending triangle that formed over the course of 2018,Read MoreRead More. дальше »

2020-1-8 12:00


Ren Price Analysis REN / BTC: Potential Rise

Ren has a bullish short-term bias against Bitcoin, with the cryptocurrency trading well above its 200-period moving average on the four-hour time frame The four-hour time frame shows that bulls are working hard to invalidate a bearish head and shoulders pattern The daily time frame continues to show that a major technical breakout is underway […] The post Ren Price Analysis REN / BTC: Potential Rise appeared first on Crypto Briefing. дальше »

2019-8-5 18:20


Bitcoin Forming Bullish Breakout Pattern; First Time Since 2016, Indicating A Major Rally Potential

The market has turned green after seeing losses for the past few weeks. Bitcoin has jumped above $10,000 currently up 3.15% while trading at $10,800. As we entered into August, Bitcoin price started pumping on the back of Fed cutting down the interest rate for the first time since 2008 recession and US going for […] дальше »

2019-8-4 23:12


XRP Price Analysis: Ripple-Promoted Token Makes U-Turn

The Ripple-promoted token has reversed sharply lower after rallying to a fresh 2019 trading high The four-hour time frame shows that a potential bearish head and shoulders pattern could be forming The daily time frame highlights the absence of any new bullish patterns XRP / USD Short-term price analysis XRP has a neutral short-term trading […] The post XRP Price Analysis: Ripple-Promoted Token Makes U-Turn appeared first on Crypto Briefing. дальше »

2019-6-28 16:06


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Ripple’s CEO Believes Facebook’s Libra is a Net Positive for Crypto

Brad Garlinghouse, the CEO of Ripple Inc, is bullish on cryptocurrency adoption stemming from the potential to attract billions through Facebook’s latest cryptocurrency launch. In an exclusive interview with Fortune, Garlinghouse declared that more banks have come forward to enquire about using xCurrent and he believes the increased interest is a result of a massive technologyRead MoreRead More. дальше »

2019-6-22 17:00


Enjin Coin (ENJ) Price Prediction 2019, 2020, 2023 and Beyond – What Happens After The Hype? (Early May Update)

Early May Update: Technicals Last time we analyzed ENJBTC, we said there was potential bullish pennant formation or as shown below, a bearish descending triangle. It appears that the second interpretation was correct as ENJ slipped through the horizontal support line and is currently valued at 2437 sats. дальше »

2019-5-5 14:45


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23


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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