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Analyst: Bitcoin (BTC) RSI Signals That the Cryptocurrency is at Historically Oversold Levels

After dropping back to its recently established support level at $3,400 a couple days ago, Bitcoin (BTC) has been able to hold above this support level. Despite this, its failure to bounce signals that it doesn’t have any significant buying pressure at the moment and further losses may be necessary in order for it to. дальше »

2019-2-8 01:00


Bitcoin: BTC Stabilizes After Sinking Below $3,500, Analysts Claim it is Likely to Drop Further

Following a long period of sideways trading, Bitcoin (BTC) has now broken down below its previously established support level around $3,500. Today’s drop appears to have allowed BTC to establish support in the $3,400 region, but further volatility could easily push it down towards $3,000, where the cryptocurrency has significant buying pressure. дальше »

2019-1-29 23:00


Analyst Claims Bitcoin Could Shortly See Increased Volatility as Crypto Markets Trade Sideways

Coming off of a relatively volatile week, the cryptocurrency markets are currently seeing a bout of sideways trading, with Bitcoin steady in the $3,650 region and most altcoins trading sideways. It is important to note that Bitcoin is still respecting the $3,500 region as a level of support, but its lack of buying pressure signals. дальше »

2019-1-18 01:00


Ripple XRP Price Recovers Since 0x Project [ZRX] Listing

Ripple’s digital currency XRP was on a downward spiral at the start of this month. The downward spiral was catalyzed by a bearish divergence which took place between price and RSI. The bearish divergence resulted in price forming higher highs while RSI formed a lower high, indicating that price continued to increase despite buying pressure […] Ripple XRP Price Recovers Since 0x Project [ZRX] Listing was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-10-24 17:04


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). дальше »

2018-10-20 01:31


Indian Crypto Exchange Zebpay Ceases All Trading Amid Regulatory Pressure

One of India’s largest digital asset exchange platforms has announced today that it will cease offering crypto buying and selling services. Zebpay Calls it a Day Due to Regulatory Pressures Zebpay stated that the Reserve Bank of India’s (RBI) clampdown on digital currencies had severely impacted its ability to do business. дальше »

2018-9-29 00:00


Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s. дальше »

2018-9-11 01:02


eToro Analyst Says Iran’s Crypto Crackdown Will Lead to Secondary Market Creation

Iran’s Cryptocurrency Exchange Crackdown is Creating a Secondary Market, Says eToro Senior Market Analyst As Iran starts to apply pressure on its major capital take off, Mati Greenspan thinks the efforts may be in vain as other markets start to rise under the measures to operate the buying or selling of Bitcoin. Things may not […] дальше »

2018-7-9 06:05