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XRP Shatters Crucial Macro Support as Analysts Eye Serious Downside

XRP has continued to severely underperform Bitcoin, forcing it to also see some downside against its USD trading pair despite the bullish market conditions This weakness has caused the third-largest crypto to decline beneath a key last-ditch support level that was bolstering its price action Analysts are now noting that it could soon see a freefall that leads it significantly lower due to the weakness resulting from this dire technical breakdown Yesterday the aggregated crypto […] дальше »

2020-5-9 23:00


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Here’s How Bitcoin Could Force Altcoins to Set “Major Lows”

Bitcoin has posted a notable upswing today that has allowed it to approach its next key resistance level at $9,500 The cryptocurrency’s intense uptrend is showing no signs of slowing down as it continues gaining dominance over the entire market Some analysts are now noting that altcoins could be positioned to see some serious losses in the weeks ahead as they all decline against their BTC trading pairs The aggregated cryptocurrency market has continued declining […] дальше »

2020-5-8 02:00


After The Crypto Price Crash During COVID-19, BTC Mining Hash Rate Has Regained 34%

A North American Bitcoin mining operator Bitfarms shared that they continued to mine BTC despite the violent sell-off triggered by investors' fear over the COVID-19. Interim CEO and Chief Strategy Officer, Emiliano Grodzki said, “We are pleased to see that, despite the challenges to traditional markets, our scale and quality of operations has allowed us […] дальше »

2020-4-8 21:28


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Bitcoin Price Trumps $8.5k Low But A Significant Bounce Might Be On The Way. Here’s Why

Bitcoin continued with its daily downtrend hitting new lows and has bounced off $8,455 yesterday. The daily RSI was getting dangerously close to the oversold zone and we might see the digital asset experience at least a relief bounce up to $9,000 before the bears can take over again. For the last two days, Bitcoin […] дальше »

2020-2-29 13:34


Ethereum [ETH] and Tron [TRX] Price Analysis: Coins see slight bullish reprieve as sideways movement continues

The cryptocurrency market and its volatile movement have continued with the passage of time as several of the top coins have fallen into a bearish rut. Ethereum [ETH], the second largest cryptocurrency, which was expected to be “dead”, saw a slight resurgence in terms of price and market cap while Tron [TRX], its closest competitor […] The post Ethereum [ETH] and Tron [TRX] Price Analysis: Coins see slight bullish reprieve as sideways movement continues appeared first on AMBCrypto. дальше »

2019-4-30 14:30


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Mexico Sets New Bitcoin Volume Record After Trump’s Remittance Threat

Bitcoin price remaining above $5000 resulted in new trading highs for several countries worldwide last week, the latest data shows. Mexico, Venezuela Post Record Localbitcoins Volumes According to monitoring resource Coin Dance, which tracks trading volumes on peer-to-peer exchange platforms Localbitcoins, Paxful and Bisq, certain markets continued to see spikes in Bitcoin activity. дальше »

2019-4-16 00:00


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


Dow Futures, Bitcoin Price Teeter as US Stock Market Digests Trump’s Shutdown Deal

The Dow Jones Industrial Average and broader US stock market teetered on the brink of their previous-day closes heading into the week’s final trading session. Wall Street continued to digest the fallout from Trump’s decision to sign a new spending bill and avoid a second government shutdown – while also declaring a national emergency to siphon funds from other departments to bolster his beloved border wall. дальше »

2019-2-15 17:09


Analyst: Bitcoin (BTC) Most Likely To Bottom At $2,400

Bitcoin Could See A Further 40% Before Bottom, Claims Trader The seemingly endless stream of harrowing crypto price predictions has continued. One trader, going by the laugh-inducing moniker “Magic Poop Cannon,” claims that Bitcoin (BTC) is most likely to find a long-term floor at and around the $2,000 (most likely $2,300-$2,400) price level — a […] The post Analyst: Bitcoin (BTC) Most Likely To Bottom At $2,400 appeared first on Ethereum World News. дальше »

2019-2-8 03:51


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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


Bitcoin Lightning Network Booms Amid “Crypto Winter”

Since Bitcoin’s earliest blocks, the network’s lead developers have been hard at work attempting to scale the world’s first blockchain. And while 2018’s “crypto winter” has deterred a multitude of startups, developers, and key industry participants, the Bitcoin Lightning Network, the first viable second-layer scaling solution, has continued to see monumental growth. дальше »

2018-12-23 23:00