Market Update: Crypto Prices Drop Fast, Bitcoin Loses $2K, Correction Considered Healthy

The price of bitcoin and a great number of digital assets plunged in value during the early morning trading sessions on November 26, 2020. Bitcoin’s price dropped from a high of $19,319 on Wednesday evening only to lose over $2,000 during the course of the morning hours (EST) on Thursday morning. дальше »

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Is Bitcoin in for a long-overdue correction this week?

Bitcoin's recent purple patch seemed to face its first setback over the past 24-hours after Bitcoin dropped down to $17,610 from a high of $18,890 on 22 November. While the cryptocurrency's price had The post Is Bitcoin in for a long-overdue correction this week? appeared first on AMBCrypto. дальше »

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Litecoin pumps to $83.97 as bears plot correction

Litecoin jumps 13% to $83.97 but faces stiff resistance at the YTD high of…

The post Litecoin pumps to $83.97 as bears plot correction appeared first on Coin Journal.

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Analysts Expect Move to $20,000 High as Bitcoin Holds Key Supports

Bitcoin underwent a rapid correction last evening after the coin pressed as high as $18,500 on leading exchanges. Even still, analysts remain optimistic on the leading cryptocurrency. One trader said that since Bitcoin managed to hold key support levels despite entering the low-$17,000s twice in the span of a few hours, it could move to new highs. дальше »

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Bitcoin aims for $19,000 as FOMO kicks in

Bitcoin made headlines after rising to a new yearly high of $18,500 on Wednesday, November 18th. As market participants appear to be entering a state of FOMO, on-chain data reveals that there is more room to go up before a correction materialises. дальше »

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Bitcoin price hits $18K but traders expect ‘shallow’ pullback before new high

Bulls pushed Bitcoin price to $18,000 but analysts still expect a ‘shallow’ correction before a new all-time high.

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Bitcoin Signaling Start of Corrective Decrease, Why $15K Is The Key

Bitcoin price traded to a new multi-month high close to $16,500 against the US Dollar. BTC is now signaling a downside correction and it could test the $15,200 support. Bitcoin traded above the $16,000 resistance and almost tested the $16,500 zone. дальше »

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ETH Exchange Balance at Two-Year low while Skew Deep into Negative Territory

The weekend is here and so is red. The cryptocurrency market is seeing a slight correction with ETH going to $455, down from yesterday’s high of $477. At the time of writing, Ether has been trading at $460 in the red, with 250% year-to-date performance. дальше »

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Key Bitcoin Price Fractal Predicts a $3,000 Correction Is Due

Bitcoin has undergone a strong rally over the past few weeks, pushing as high as $16,500. Analysts are starting to fear that a correction is due, though. One crypto-asset analyst recently shared a fractal showing that the cryptocurrency is trading in a remarkably similar way to how it did during the 2017 highs at $20,000. […] дальше »

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Charted: Cardano (ADA) is Primed For a Rally And Only 1 Thing is Holding it Back

Cardano’s price climbed towards the $0. 1150 resistance before correcting lower. Bitcoin price is in uptrend, and it seems like ADA price is likely to set up a break towards $0. 1200. ADA started a downside correction after trading as high as $0. дальше »

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TA: Ethereum Bulls Keeps Pushing, Why Rally Isn’t Over Yet

Ethereum extended its rise above the $465 resistance against the US Dollar. ETH price traded to a new monthly high near $477 and recently started a downside correction. Ethereum is still following a nice bullish path above the $450 and $455 support levels. дальше »

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Indicator with 70% Success Rate Sees Chainlink (LINK) At All-Time High

A brief pause in the Chainlink (LINK) uptrend has prepared the token for a major bull run. That is according to a technical indicator that has emerged following LINK’s latest rebound. Dubbed as “Bull Flag,” the pattern appears as a downside correction during an uptrend. дальше »

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Bitcoin Starts Corrective Decrease, Why It Could Rally If It Clears $15.3K

Bitcoin price traded to a new multi-month high near $15,970 before correcting lower against the US Dollar. BTC is holding the $14,500 support and it could start another rally. Bitcoin started a sharp downside correction after trading close to the $16,000 resistance. дальше »

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BNB Drops After Failure to Reach New Yearly High

The Binance Coin (BNB) price has failed to break out and reach a new yearly high. Instead, the price has broken down from its bullish structure. It is likely that BNB is in a correction and will decline towards the targets given below. дальше »

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Analysts Think Chainlink (LINK) Is Primed to Rocket Toward $13

Like many other altcoins, Chainlink (LINK) faced a strong correction in September and October after the summer highs were set. From its summer high and all-time high of $20, set in the middle of August, LINK corrected more than 50%, bottoming around $7. дальше »

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DeFi Total Value Locked at New High After 2,000% Gains on the Year

Total value locked (TVL) across all decentralized finance protocols hit another all-time high last week after gains of almost 2,000% over the past 12 months. The crypto market momentum has spilled over into DeFi again following a six-week correction for most tokens related to the industry. дальше »

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TA: Bitcoin Just Saw Key Technical Correction, But 100 SMA Is Still Strong

Bitcoin price extended its rise above the $11,500 resistance against the US Dollar. BTC is correcting lower from $11,700, but it is likely to find support near the 100 hourly SMA. Bitcoin broke the key $11,500 resistance level and traded to a new weekly high at $11,724. дальше »

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Fractal Analysis: Bitcoin Will Undergo a Slight Correction Towards $11,000

Bitcoin may not sustain its highs after pushing as high as $11,500 on Friday evening. One trader recently noted that a simple fractal analysis suggests the coin will undergo a retracement after hitting $11,400. дальше »

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Ethereum’s High Time Frame Structure Looks “Great” Due to Technical Support

Ethereum has undergone a strong correction from the 2020 highs near $490. The leading cryptocurrency currently trades for $345, down 30% from the aforementioned highs. Many investors have pointed to this correction as the start of a longer-term bearish trend for ETH. дальше »

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Galaxy Digital CEO: Bitcoin Dips Should Be Bought Despite BitMEX News

Bitcoin faced a strong correction on Thursday from its $10,900 daily high. The leading cryptocurrency currently trades for $10,400, reaching session lows. Altcoins have dropped even further, acting as high-beta plays on Bitcoin. дальше »

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Scary Inverse Fractal Predicts a Bitcoin Correction Is Imminent

Bitcoin has embarked on a spectacular rally over the past few months. After bottoming in the $3,000s in the March, the asset surged as high as $12,500. Bitcoin currently trades for $10,700, still far above where it was in the March crash. дальше »

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Ethereum Close Below $350 Could Spark Larger Degree Correction To $330

Ethereum tested the $370 resistance before correcting lower against the US Dollar. ETH price could start a larger decrease if it fails to stay above $350 and $348. Ethereum started a fresh decline after trading to a new weekly high near $370. дальше »

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Bitcoin Bulls Wrestle for Control of the Correction

The Bitcoin (BTC) price has been on a downward path since being rejected on Sept 19. The price is likely nearing the end of its correction and a significant bounce is expected soon. The Bitcoin price has been decreasing since reaching a high of $11,183 on Sept 19. дальше »

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Chainlink Correction “Healthy,” But Losing $8 Could Turn Holders Into “Submarines”

No cryptocurrency has outperformed Chainlink over the last two years of the bear market. But like everything that goes up with such powerful momentum, the way back down is almost nearly as strong. In what feels like a flash, Chainlink has already lost a full 60% from the 2020 high at $20 to the recent […] дальше »

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How Bitcoin’s 2020 High Compares To Past Bull Market “Tops”

Bitcoin price suffered a powerful correction from the 2020 high of $12,400, taking the crypto asset back below $10,000 briefly. After a short-lived dead-cat bounce to $11,200, Bitcoin price is back once again at $10,500 and trying to hold. дальше »

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Analysts Explain Why Bitcoin Bearish Correction Could Turn Worse

Bitcoin is trading almost 17 percent below its year-to-date high near $12,500. And, according to analysts at TradingShot, the downside bias is about to turn a lot worse. The independent market analysis portal spotted the benchmark cryptocurrency testing the support of a medium-term Ascending Channel. дальше »

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OCEAN Continues Its Month-Long Correction

The Ocean Protocol (OCEAN) price has been decreasing since Aug 18  and is approaching two crucial support levels that could bring an end to the ongoing correction. OCEAN Dives Lower The OCEAN price has been decreasing since Aug 18, when the price reached a high of 6,031 satoshis. дальше »

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Even After A Drastic Price Correction, This Bloomberg Analyst Thinks Bitcoin Will “Come Out Ahead”: Here’s Why

Bitcoin, the leading cryptocurrency by market capitalization is currently priced at $10. 7k. The asset, which saw its most recent high of $12,050 on the 1st of September 2020 has seen a drastic drop. дальше »

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This Chainlink (LINK) Fractal Predicts the 50% Correction Is Over

Chainlink has experienced a strong correction over the past few days as Bitcoin and Ethereum has dropped. The leading cryptocurrency dropped over 50% from its all-time high around $20 to local lows around $9 in the span of a few weeks. дальше »

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Ethereum Trading Above $400, ETH Price Found Balance, Aiming High

Coinspeaker Ethereum Trading Above $400, ETH Price Found Balance, Aiming HighOn Thursday, September 3rd, ETH is trying to stabilize after a technical correction the day before. It is generally trading at $442. дальше »

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Why The Upcoming US Election is Bitcoin’s Biggest Risk

Bitcoin broke up through $12,000 but is now crashing. Gold set a new all-time high but has since pulled back. The S&P 500 keeps on setting high after high. Still, all of these assets have one thing in common: they’re all at risk for a sizable correction, primarily due to the dark cloud hanging over the coming United States 2020 Presidential election. дальше »

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Ethereum Defies Gravity But Here Is Why It Could Struggle Near $500

Ethereum extended its rally by 10% and it broke the $465 resistance against the US Dollar. ETH price traded to a new multi-month high at $490 before starting a downside correction. Ethereum is up over 10% and it broke the $465 and $470 resistance levels. дальше »

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Chainlink’s (LINK) Massive Rally May Finally Be Kaput

The Chainlink (LINK) price has been decreasing since reaching a high of $20. 11 on Aug 16. It’s likely that an almost three-year-long upward trend has ended and LINK has now begun what could be a potentially lengthy correction. дальше »

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Bitcoin Trading Near Inflection Point: Here’s Why $11,650 Holds The Key

Bitcoin price started an upside correction from the $11,350 support against the US Dollar. BTC is currently declining, but it could bounce back as long as it is above $11,650 or $11,550. Bitcoin formed a high near $11,825 and it is currently correcting lower. дальше »

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Bitcoin’s Current Side Movement Signals An Imminent Breakout As Investors Are Extremely Bullish

Bitcoin has regained over $300 dollars since its massive correction from a high of $12400 to $11500 which saw the coin drop by a thousand dollars. While some analysts predicted a bearish movement that could see Bitcoin drop below $10,000, in the last 24 hours Bitcoin has reached $11,858 a small but significant 1.42% price […] дальше »

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Mark Mobius’s Gold Warning Hints at Massive Bitcoin Correction

As Bitcoin struggles to find upside traction above $12,000, its traditional rival gold is also showing similar characteristics. The precious metal hit a record high at $2,075. 14 an ounce on August 7. дальше »

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Chainlink (LINK) Breaking This Single Level Could Spark a Fresh Surge

Chainlink (LINK) started a sharp downside correction from the $19. 93 high against the US Dollar. It is now trading above the $15. 00 support and eyeing a fresh surge above $17. 00. Chainlink token price is trading above the key $15. дальше »

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Bitcoin May Be Poised to Bounce After $800 Correction Due to These 4 Reasons

Bitcoin has undergone a stark correction since the ~$12,400 peak on Monday. As of this article’s writing, the leading cryptocurrency trades at $11,700. This is $700 below the local high, though the asset fell as low as $11,600 earlier today. дальше »

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Yearn.finance (YFI) surges to new all-time high above $9,000 as DeFi continues ascent

After a strong 40 percent correction after garnering a listing on Binance, Yearn. finance (YFI) is back in the spotlight as the decentralized finance altcoin has more than doubled in approximately three days. дальше »

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Blast From the Past: Bitcoin Following Black Thursday “Supercycle”

Bitcoin price has just today set a new high for 2020 and is showing no signs of slowing down. However, as greed reaches extreme levels and ROI is stacking across the board, could the cryptocurrency see a surprise correction? According to a chart that first debuted around Black Thursday, this latest high will result in […] дальше »

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When Will the Correction End for XRP?

The XRP price has been decreasing since it reached a high of $0. 326 on August 2. The move resembles a correction, which suggests that XRP will make a lower low before resuming its downward trend. дальше »

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DeFi Token COMP Falls 25% From Its YTD Top; Rebound Ahead?

A mad overnight rally in the Compound (COMP) market resulted in a vast correction this Thursday. The popular decentralized finance token plunged by more than 25 percent from its year-to-date high at $268. дальше »

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Maker (MKR) Faces Heavy Resistance in ‘Make or Break’ Scenario

The Maker (MKR) price has been decreasing since it reached a local high on June 11. It seems that the correction is not yet finished, and another drop will transpire before MKR resumes its upward movement. дальше »

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Bitcoin Teeters on the Edge of Extending or Correcting

The Bitcoin (BTC) price rally has stalled since July 27, when it reached a high of $11,394. The direction of the exit from the current pattern will determine whether this is an accumulation before another extension or the beginning of the correction. дальше »

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LINK Stumbles on the Path to $10

The Chainlink (LINK) price has been decreasing since it reached an all-time high of $8. 90 on July 15.   While there are short-term signs of a reversal, it seems that LINK has already reached its top and is currently in a prolonged correction. дальше »

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Ethereum Correcting Gains But 100 SMA Could Trigger Fresh Increase

Ethereum started a downside correction from the $335 swing high against the US Dollar. ETH price is currently approaching a major support zone near $305 and the 100 hourly SMA. Ethereum is losing bullish momentum and it is now trading below $320. дальше »

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Has LINK Reached a Top or Will the Price Reach a New ATH?

The Chainlink (LINK) price has been declining since reaching a high of $8. 9 on July 15. Due to the length of the movements, it’s possible that the price has completed an impulsive upward move that began in March, and has now begun a correction. дальше »

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Chainlink Avoids Major Dump Following New Partnership Deals

Chainlink plunged during the Thursday trading session in what appears to be a sell-off caused by profit-takers. The latest decline appeared as a part of a downside correction that started a day after Chainlink set an all-time high at $8. дальше »

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Chainlink (LINK) Surges 12%: Price Action Indicate Fresh High Above $9

Chainlink (LINK) found support near $7. 000 after a sharp downside correction against the US Dollar. It is climbing again and it seems like the bulls are aiming a fresh high above $8. 500 and $9. 000. дальше »

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Technicals Suggest Bitcoin Likely To Target Fresh Monthly High Above $9,400

Bitcoin traded as high as $9,377 before starting a downside correction against the US Dollar. BTC is currently up holding the $9,200 support and it could continue to rise steadily. Bitcoin is trading in a positive zone above the $9,200 and $9,180 support levels. дальше »

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