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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


Bitcoin Price Analysis: BTC Trading Within Short-Term Trading Range — Can the Bulls Push the Market Above the $3,569 Handle?

The CBOE has re-submitted a joint-rule change proposal with VanEck and SolidX. JP Morgan analysts predict that BTC will… The post Bitcoin Price Analysis: BTC Trading Within Short-Term Trading Range — Can the Bulls Push the Market Above the $3,569 Handle? appeared first on Invest In Blockchain. дальше »

2019-2-4 10:23


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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »

2019-1-29 02:01


Litecoin Price Analysis: LTC Continues to Hold At $30 But Can the Bulls Bring Price Action Above $34 And Higher??

Support for LTC moving forward: $30.26, $27.01, $25.07, $24.74, $21.52. Resistance for LTC moving forward: $32.54, $34.82, $39.75, $41.37,… The post Litecoin Price Analysis: LTC Continues to Hold At $30 But Can the Bulls Bring Price Action Above $34 And Higher?? appeared first on Invest In Blockchain. дальше »

2019-1-24 17:17