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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains
Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »
2019-2-26 02:42 | |
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XRP Price Prediction: XRP Is Very Close to Breaking Through Resistance, When Will a Successful Attempt Occur?
Long-Term Outlook A look at the Weekly chart for XRP/USD shows that price is currently trading at $0. 33, slightly above the support area near $0. 28. The RSI is at 43, indicating neither overbought nor oversold conditions. дальше »
2019-2-21 12:54 | |
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Bitcoin to Secure First Positive Month Since July 2018, When Will Stalemate Break?
For the first time since July 2018, Bitcoin (BTC) is on track to record its first green monthly candle, recording a positive month, According to cryptocurrency trader Josh Rager, if the Bitcoin price remains above the $3,414 mark by the end of February, BTC will establish a green monthly candle. дальше »
2019-2-17 12:25 | |
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Bitcoin Price Analysis: $4000 in Sight After Last Week’s Bullish Move
As Bitcoin price finished the week with a strong move to the upside, we take a look at what this means for the Bulls and Bears heading into the week. Weekly Chart Bitcoin price closed the week at $3,650 (+6. дальше »
2019-2-11 17:00 | |
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Bitcoin Price Analysis: Strong Rally Set to Test Overhanging Resistance
Shortly after the London Open, the entire crypto market saw a strong round of buying. Some coins broke their highest volume seen since the beginning of the bear market, and several others broke straight through overhanging resistance levels. дальше »
2019-2-9 01:45 | |
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Bitcoin Price Action – BTC Continues in a Range to Start the Week
Bitcoin continues in the range it has been trading in to start this week. Last week started with a bearish movement that brought price between support at $3353 and resistance at $3476. Today’s candle is currently forming a Doji. дальше »
2019-2-4 18:59 | |
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Bitcoin Price: Doji Candle Forming for BTC Today
Bitcoin met resistance at $3476 during a brief recovery from the bearish start to the week. The price has since started to trade away from the $3476 resistance and is currently forming a Doji candle. дальше »
2019-2-1 19:04 | |
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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 | |
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XRP Price Action: Is XRP’s Market Cap Lower or Higher Than Ethereum?
The top two cryptocurrencies – Bitcoin and XRP – have been consolidating for the majority of the week. Bitcoin is showing some bullish movements, but both cryptocurrencies have formed several Doji candles this week. дальше »
2019-1-26 17:59 | |
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Bitcoin [BTC] Price Action: Bullish Movements After a Week of Consolidation
The price action of Bitcoin has formed a number of Doji candles this week. A Doji candle is a candle where the open and the close are around the same point and is representative of indecision in the market. дальше »
2019-1-26 17:24 | |
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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market
Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »
2019-1-26 03:13 | |
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Ripple’s XRP Price Analysis: Multiple Tests of Support Increase Likelihood of Price Drop
Many of the top 10 cryptocurrencies have been consolidating in recent price action. XRP formed a Doji candle on its daily chart yesterday. A Doji candle is a candle where the open and the close are around the same point and typically reflects uncertainty from traders. дальше »
2019-1-25 18:04 | |
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Dogecoin Price Analysis: Market Consolidates as DOGE Stays in Range
The market has been consolidating over the past few days with many of the top cryptocurrencies forming Doji candles on their daily charts. A Doji candle is a candle where the open and the close are around the same time and reflects uncertainty from the side of traders. дальше »
2019-1-25 17:19 | |
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Price Analysis: Can Ripple’s XRP Stay Above Ethereum?
There is currently a lot of indecision in the cryptocurrency markets. Both bitcoin and ethereum are forming Doji candles on their daily charts. A Doji candle is a candle where the open and the close are around the same point and typically reflect uncertainty from traders. дальше »
2019-1-24 18:19 | |
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Ripple’s XRP Price Analysis: Trend Direction Unclear as Three Doji Candles Form
Ripple’s XRP is forming its third consecutive Doji candle today on the daily chart. A Doji candle is a candle where the open and close are around the same point and typically reflects uncertainty from traders. дальше »
2019-1-23 19:29 | |
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Bitcoin [BTC] Price Analysis: Bear Flag Forming for Bitcoin
The week wrapped up with bearish movements yesterday for the cryptocurrency markets. Bitcoin recorded bullish movements on Saturday as it rose above a key resistance level at $3684. However, price failed to close above and fell back below before Saturday’s daily candle finished. дальше »
2019-1-21 18:34 | |
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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 | |
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Bitcoin SV Price Analysis: BSV/USD Trends of January 16–22, 2019
CoinSpeaker Bitcoin SV Price Analysis: BSV/USD Trends of January 16–22, 2019 In case the support level of $73 holds the coin will break up the $80 resistance level and the bullish candle close above it, then it may have its target at $85 - $92, else further declination of Bitcoin SV price is certain. дальше »
2019-1-16 15:18 | |
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Tron [TRX] Price Prediction & Analysis: Price Is Close to Support, Does It Have Strength for Another Rally?
Long-Term Outlook A look at the Weekly chart for TRX shows that price is following a descending support line and currently trading at $0. 023. Price rallied until $0. 04 where it found resistance corresponding with the 21 period moving average and promptly reversed. дальше »
2019-1-14 16:19 | |
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Bitcoin [BTC] Consolidates As Doji Candles Form
After an attempted rise during yesterday’s price action, Bitcoin retraced and formed a Doji on the daily candle. A Doji candle is a candle where the open and the close are around the same point. дальше »
2019-1-9 18:44 | |
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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move
For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »
2019-1-4 02:22 | |
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Stellar Price Analysis: XLM/USD Trends of January 03–09, 2019
CoinSpeaker Stellar Price Analysis: XLM/USD Trends of January 03–09, 2019 A close of a big bullish candle above the $0. 12 or a clear penetration of a bearish candle below it is expected, should there be a breach below $0. дальше »
2019-1-3 14:46 | |
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Bitcoin Price Analysis: BTC/USD Trends of December 31–January 06, 2019
CoinSpeaker Bitcoin Price Analysis: BTC/USD Trends of December 31–January 06, 2019 The bearish candle will have to penetrate and close below the support level of $3,679 before BTC price will experience bearish breakout and this may return it to its previous low of $3,247. дальше »
2018-12-31 13:07 | |
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Ethereum Price Analysis: ETH/USD Trends of December 25–31
CoinSpeaker Ethereum Price Analysis: ETH/USD Trends of December 25–31 In case the bearish pressure continues and there is a bearish engulfing candle breakout and close below the demand level of $121, then Ethereum may have its low at $98 - $109. дальше »
2018-12-25 12:01 | |
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Doji Forming for Dogecoin [DOGE] As Bullish Market Conditions Continue
It has been volatile trading for Dogecoin today. Trading has ranged from $0. 0025 to above $0. 003 so far. The daily candle is currently forming a Doji. A Doji candle is where the open and close are around the same point. дальше »
2018-12-20 19:34 | |
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Bitcoin Price Analysis: Strong Rally Tests Overhanging Resistance
Earlier this week, bitcoin enjoyed a strong and quick rally, spanning all the way from the low $3,100s to the upper $3,900s — in other words, a move that previously took the market weeks to make, this time took place in just a few short days. дальше »
2018-12-20 02:21 | |
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XRP Price Analysis: XRP/USD Trends of December 19–25
CoinSpeaker XRP Price Analysis: XRP/USD Trends of December 19–25 In case of the present daily bullish candle close above the supply level of $0. 38 and 50-day EMA then, traders can place a long trading position as XRP may have its target at $0. дальше »
2018-12-19 10:46 | |
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Ethereum Price Analysis: ETH/USD Trends of December 11–17
CoinSpeaker Ethereum Price Analysis: ETH/USD Trends of December 11–17 Ethereum price is fluctuating above the $79 price level, price breakout is imminent. In case the bullish candle penetrates the supply level of $103 and close above it, $157 price level may be its target. дальше »
2018-12-11 12:35 | |
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Ripple’s XRP Drops After Forming Doji on Daily
Yesterday’s daily candle formed a Doji for XRP. A Doji candle is a candle where the open and the close are around the same. This candle typically shows uncertainty from the side of traders with regards to where price is headed. дальше »
2018-12-5 17:54 | |
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A Return to Bearish Price Movements for Bitcoin [BTC]
Bitcoin has returned below the $4000 mark on most exchanges after bullish movements which brought the price to an intraday high around $4400 yesterday. Yesterday’s daily candle formed a Doji. дальше »
2018-11-30 17:14 | |
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Bitcoin Cash SV (BCHSV) Daily Price Forecast – November 22
BCHSV/USD Medium-term Trend: Ranging Supply zones: $80, $90, $100 Demand zones: $30, $20, $10 BCHSV remains in a range-bound market in its medium-term outlook. $50.00 in the supply area was the high the bullish pressure could take the coin as it faced resistance around the 10-EMA with the close of the candle as a […] дальше »
2018-11-22 09:03 | |
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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand
After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. дальше »
2018-11-16 01:28 | |
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Bitcoin Price Analysis: Weekly Consolidation Hints Toward Sustained Breakout
Another week has passed as bitcoin continues to coil in a tighter and tighter consolidation. Both price and volume continue to consolidate as bitcoin decides where the next major move will be. дальше »
2018-10-31 00:19 | |
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Bitcoin Back to Trading on Low Volume After Bearish Drop
Bitcoin ended two weeks of low-volume consolidated trading yesterday when it dropped approximately 3% over the space of two hours. It has since returned to trading sideways on low volume, with a Doji candle being priced in today. дальше »
2018-10-30 17:19 | |
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Bitcoin Price Analysis: Bitcoin Consolidation Forecasts $3,500 Move
A strong round of buys hit the market this weekend as unsubstantiated rumors began to circle surrounding Tether and Bitfinex’s potential insolvency. I won’t be going into the details surrounding the allegations because, like I said, they are nothing more than unsubstantiated rumors. дальше »
2018-10-17 01:03 | |
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Cardano (ADA) Could Moonshot After Coinbase Listing
Chart for ADA/USD (1W) Cardano (ADA) is the cryptocurrency with the highest probability of being listed next on Coinbase. Cardano (ADA), which is supported by IOHK, is the firm run by Charles Hoskinson, the founder of Cardano (ADA). дальше »
2018-10-10 18:30 | |
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Bitcoin (BTC) May Never See $6,000 Again
Chart for BTC/USD (1W) Bitcoin (BTC) is finally out of the woods. The above weekly chart for BTC/USD shows that Bitcoin (BTC) has formed a weekly candle above the historical downtrend line. This is the first time since January 2018 that Bitcoin (BTC) has breached this resistance line and formed a candle above it. дальше »
2018-10-10 00:30 | |
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Bitcoin (BTC) Cannot Fall Below $5,800 Under The Bullish Case
Bitcoin (BTC) has to make a move by next week. The weekly chart for BTC/USD shows that Bitcoin (BTC) is about to close a weekly candle right next to the downtrend resistance. If this candle closes above the downtrend resistance, which is quite likely, we will see the beginning of a new cycle from next week. дальше »
2018-10-4 18:30 | |
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Bitcoin Cash (BCH) Daily Price Forecast – September 27
BCH/USD Medium-term Trend: Bullish Supply zones: $800, $900, $1000 Demand zones: $300, $200, $100 BCH is back in a bullish trend in its medium-term outlook. $554. 70 in the supply area was the point the bulls pushed BCH before the close of yesterday trading session. дальше »
2018-9-27 10:22 | |
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Can Stellar (XLM) Hold 61.8% Fibonacci Amid Market Selloff?
Stellar (XLM) has been on a roll these past few days. Its stellar gains are only second next to that of Ripple (XRP). The above 4H chart for XLM/USD shows that there is still plenty of room for further price boosts. дальше »
2018-9-25 18:30 | |
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Stellar (XLM) Awaits Breakout As Price Fails Again To Breach Resistance
Stellar (XLM) seems to be at a stage where it is just waiting for the rest of the market to recover. The weekly chart above for XLM/USD shows that the price has already closed four candles below the 21 Week EMA and could now close the fifth candle below the 21 EMA as well. дальше »
2018-9-6 00:30 | |
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Bitcoin Price Analysis: All Eyes On $6800 Into The Monthly Close
As Bitcoin price approaches the Monthly candle close after a volatile day yesterday, we take a look at what’s going on in the market. 4 Hour Chart Looking that the daily chart, after closing the previous week at $6,700, Bitcoin began a bullish start to the week, trading at highs of $7,125 breaking the linear resistance by Tuesday. дальше »
2018-8-31 16:00 | |
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Traders Expect Bullish Bitcoin Move After Daily Candle Close, Tokens Rising
Yesterday, the majority of investors in the cryptocurrency market were bearish towards the short-term movement of major digital assets like Bitcoin, as BTC dipped below the $6,900 mark. In the past 24 hours, Bitcoin has recovered from $6,800 to $7,000, during a period in which analysts expected the price of BTC to fall to major. дальше »
2018-8-31 09:19 | |
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Bitcoin (BTC)’s Monthly Close Above 21 EMA Will Substantiate $25,000 Year End Target
“I want to be clear, Bitcoin (BTC) is going to $25,000 by year end” said Tom Lee of Fundstrat last month. This statement did not appear very convincing back then as Bitcoin (BTC) was in a tough spot, struggling to stay above the 21 EMA. дальше »
2018-8-30 17:00 | |
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Bitcoin Price Analysis: Heading into the Weekly Close
As Bitcoin price approaches the weekly candle close we take a look at what’s going on in the market following two weeks of relatively indecisive price action at yearly support of $6,000. Daily Chart Looking that the daily chart, after finding support at $6k in the previous week, Bitcoin price have traded at highs of $6,900 during the week, where resistance has been found which has been typical where previous support has been found at Read More The post Bitcoin Price Analysis: Heading into the Weekly Close appeared first on Bitcoinist.com. дальше »
2018-8-26 19:00 | |
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Recovery Has No Impact in EOS Price As It Continues Drop!
Even with Bitcoin undergoing a price recovery today, EOS has failed to maintain gains, as it trades around support level at $4. 5. Yesterday’s candle was a dragonfly doji, which typically represents a turning point in the markets. дальше »
2018-8-15 17:29 | |
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Monero (XMR) Daily Price Forecast – August 7
XMR/USD Medium-term Trend: Bearish Supply zones: $200. 00, $210. 00, $220. 00 Demand zones: $90. 00, $80. 00, $70. 00 XMR continues in the bearish trend in the medium-term outlook. The strong bearish pressure was sustained and the cryptocurrency was down to $113. дальше »
2018-8-7 11:29 | |
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Tron Falls to Support Level After Huge Price Appreciations – Bullish Ascending Triangle Pattern in Play
Tron had massive price appreciation yesterday which brought it briefly near the $0. 045 level. As price approached the $0. 045 point yesterday, it met strong resistance at the 50EMA and made a strong move back downwards closing very close to the same price level it opened at. дальше »
2018-7-19 20:54 | |
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