Demand for Ethereum hits rooftop, price could quadruple within 90 days

Bitcoin bulls are calling $50,000 for the next rally. Ethereum bulls are also just as optimistic, as fundamental indicators are looking as promising as technical indicators. These key signals imply that a bullish rally, despite price stagnation is imminent and includes the sky-high demand for Ethereum’s ETH, which analysts claim will unseat supply in the […] дальше »

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Crypto is going public: Timing is key as Bakkt secures NYSE listing

As Bakkt prepares to be listed on the NYSE, even more crypto companies could be going public in the future.

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Here’s the Key Level Ethereum Needs to Claim for Bulls to Take Control

Ethereum has rebounded from its overnight lows, but it’s slightly underperforming the benchmark cryptocurrency at the moment Bitcoin is now plowing past $35,000, with bulls picking up steam as they look to reverse the recent downtrend There’s a strong possibility that the market’s next trend will depend largely on whether or not BTC can navigate towards $40,000 without seeing a strong rejection This could set the tone for where major altcoins like Ethereum trend as […] дальше »

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Institutional Buyers May Be Defending Bitcoin from Breaking Below $30,000

Bitcoin has seen a strong rebound today, with bulls defending against a deeper selloff as the crypto neared the lower-$30,000 region overnight Where the entire market heads in the short-term will undoubtedly depend on BTC and its continued reaction to its key near-term support So far, the buying pressure seen between $30,000 and $33,000 has been promising and could indicate that further upside is imminent One on-chain analyst is also noting that this happens to […] дальше »

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TA: Bitcoin Struggles Below $35K, Why BTC Could Revisit $30K

Bitcoin price failed to clear the key $36,000 resistance zone against the US Dollar. BTC is showing a few bearish signs and it could continue lower towards $30,000. Bitcoin failed to gain momentum above the 36,000 and $36,200 resistance levels. дальше »

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Ethereum Reaches a “Vital” Point as Bulls Fail to Flip Resistance to Support

Ethereum and the entire crypto market has faced some weakness throughout the past couple of days Although both BTC and ETH are trading well above their recent lows, it is important to note that bears are in the process of reversing yesterday evening’s gains This downtrend could prove to be bearish for ETH, as the crypto has been unable to flip a key resistance level into support This comes as it ventures into what one […] дальше »

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TA: Bitcoin Corrects To $35K, Why BTC Could Start A Fresh Increase

Bitcoin price started a downside correction after it broke $39,000 against the US Dollar. BTC tested the key $35,000 support and it is currently consolidating losses. Bitcoin started a downside correction below the $39,000 and $38,000 support levels. дальше »

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A Move to $50,000 is “On the Table” for Bitcoin as Bulls Defend Key Support

Bitcoin has seen some mixed price action as of late, with bulls struggling to defend the cryptocurrency against a break below $40,000 as bears try to reverse its momentum The crypto’s ability to hold above this level is promising, but it remains unclear as to how long it will hold If bulls can flip this previous resistance level into support, it could prove to be a strong base for the crypto to grow upon in […] дальше »

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Ethereum Bulls Defend Key Support as Market Retraces; What to Watch For

Ethereum has been caught in a wild bout of turbulence these past few days, primarily because of its recent breakout rally that allowed it to gain serious ground against Bitcoin The cryptocurrency has been able to flip the crucial $1,000 level into support, and bulls are in the process of defending it presently It is imperative that bulls can continue defending this level in the near-term, as any dip below it could lead to a […] дальше »

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Here’s the Crucial Level Bulls Need to Flip to Propel Bitcoin Higher

Bitcoin has seen some immense volatility over the past couple of days, with bulls and bears ardently battling for control over the lower-$30,000 region The key support here has been tested on a few occasions, but bulls have been able to guard against any intense selloff If BTC can continue building a strong base of support down below its current price, there’s a possibility that it could be poised to see immense strength in the […] дальше »

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Bitcoin Rockets Past $30,000 as Bulls Target Key Level; What Analysts are Saying

Bitcoin is in the process of rocketing up towards $32,000, with the cryptocurrency showing some immense signs of strength as bulls target it seeing further upside The overnight breakout rally that allowed it to see this explosive move higher came as a shock, with the resistance at $30,000 being sliced through with ease The strength of this movement does bode well for bulls, as it indicates that significantly further upside could be imminent in the […] дальше »

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The Last Time This Indicator Flashed, Bitcoin Dropped 38%; Now It’s Back

Bitcoin has been facing some turbulence as of late, with the cryptocurrency’s price action greatly favoring bulls Each dip has resulted in aggressive buying pressure that leads it to new all-time highs, with the ongoing bull market turning into a full parabolic ascent The crypto is fast approaching $30,000, with this being a key level that could prove to be a major hurdle for the crypto to break above One analyst spoke about BTC’s outlook, […] дальше »

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Bitcoin Could Break $30,000 After Climbing Above This Key Level

Bitcoin is inching closer and closer to the coveted $30,000 region, with this long being a target looked upon by investors Because this level has psychological significance, there’s a strong possibility that it will hold as resistance and may be a difficult hurdle for bulls to overcome There is a strong possibility that a clean […] дальше »

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Bitcoin Undergoing “Supply Shortage” as Retail Demand Is Skyrocketing

Bitcoin is being bought en-masse by retail investors amid this strong rally higher, market data shows. Recent analysis found that PayPal’s addition of cryptocurrency purchases could be a key factor behind BTC’s rally to $28,000. дальше »

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Ethereum Could Form a Massively Bullish Pattern if Bulls Defend Key Level

Ethereum saw an incredibly intense decline yesterday that sent its price plunging to fresh multi-week lows This selloff came about in tandem with the flash crash seen by the entire altcoin market, which may have come about due to XRP’s 50%+ one-day decline Other major altcoins – like Chainlink – posted massive losses that resulted in deep downwards wicks on their candle charts, likely due to on-chain short liquidations ETH is now in the process […] дальше »

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Ethereum Just Saw Key Technical Correction, Why ETH Could Rally To $700

Ethereum rallied above $650 and $660 before correcting lower against the US Dollar. ETH price is likely to remain supported and it might start a fresh increase towards $700. ETH price gained pace after it broke the $650 resistance against the US Dollar. дальше »

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Bitcoin Key Indicators Suggest A Strengthening Case For Rally To $25K

Bitcoin price extended its rise and traded above $24,000 against the US Dollar. BTC is currently correcting lower and it could find a strong support near $23,000 or $22,780. Bitcoin rallied further and it traded to a new all-time high above the $24,000 level. дальше »

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Chainlink Could Rocket Higher if It Breaks Above One Key Level

Chainlink has been underperforming Bitcoin and the aggregated crypto market as of late, with its price action largely mirroring that of the rest of the altcoin market. While Bitcoin captures investors’ attention with its massive uptrend, major altcoins like Ethereum and LINK have been underperforming, facing inflows of selling pressure as traders chase the BTC […] дальше »

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Bitcoin Could See an Epic Short-Squeeze Once This Key Level is Broken

Bitcoin is hovering above its key $19,000 support level following continued rejections at $19,400 The resistance at this level has been holding strong for the past few weeks, with buyers trying and failing on multiple occasions to post a sustained break above it Once broken, the next key resistance region to watch sits between $19,800 and $20,000. дальше »

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This Key Ethereum Level Needs to Be Flipped to Support Before ETH Can Rally

Ethereum has been facing some intense consolidation throughout the past few days and weeks The cryptocurrency’s price action has done little to offer investors with insights into where it may trend in the near-term It has been closely tracking Bitcoin’s price action, which makes its fate at least somewhat dependent on that of the benchmark cryptocurrency One trader is now noting that a move higher could be imminent, but this possibility is premised upon it […] дальше »

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Litecoin dips to key support but bulls poised for a rebound

The technical picture for Litecoin (LTC) suggests that it could post a massive upside… The post Litecoin dips to key support but bulls poised for a rebound appeared first on Coin Journal. дальше »

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Bitcoin May Need “Life Support” as Bulls Try to Defend Key Support

Bitcoin’s price action has been rather lackluster as of late, with sellers forcing the crypto back below $19,000 as it struggles to gain any clear momentum in either direction. This price action has been surprising considering the macro strength incurred due to the recent multi-week uptrend, but it does seem as though serious upside could […] дальше »

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Bitcoin Likely to See Further Downside After Price Fails to Break Key Level

Bitcoin has been facing some immense selling pressure as of late, with the resistance found within the mid-to-upper $19,000 region proving to be too much for bulls to handle Despite seeing another strong rejection here overnight, it is important to note that Bitcoin once again set another higher-high This indicates that the cryptocurrency could be on the cusp of seeing another bid at breaking through the resistance it has been struggling with The support it […] дальше »

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TA: Why Bitcoin Price Could Correct Sharply If It Breaks 100 SMA

Bitcoin price attempted an upside break above the $19,500 resistance against the US Dollar, but failed. BTC could decline sharply if there is a clear break below the 100 hourly SMA. Bitcoin is currently struggling to clear the key $19,500 resistance level. дальше »

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Things “Could Get Ugly” for Bitcoin if It Closes Below This Key Level

It has been a volatile past few days for Bitcoin and the entire crypto market, with the benchmark cryptocurrency’s bulls ardently trying to remain in control of it It has seen multiple sustained dips below $19,000, but each one is bought into aggressively and quickly reversed There is one crucial level being watched by a prominent analyst that could hold some heavy influence over the crypto’s price action He notes that a close below this […] дальше »

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On-Chain Analyst Says Bitcoin Could Hit $200,000 in 2021

According to Willy Woo, a prominent on-chain analyst, Bitcoin is likely going to move toward $200,000 to $300,000 in the coming year. He cited a technical price model that has accurately predicted some key inflection points in Bitcoin’s price history. дальше »

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XRP Could See a Strong Push Higher as Bulls Degrade Key Resistance

Ever since XRP broke out of the tight multi-year trading range that it was previously stuck in, the cryptocurrency has been caught within a strong uptrend that has shown no signs of slowing down. Bulls have been in full control of the previously embattled cryptocurrency, and the recent rebound seen across the entire market appears […] дальше »

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BTC price- Key levels to watch as bulls rally to $18,600

Bulls have rallied BTC/USD to highs of $18,600 and could break higher if they…

The post BTC price- Key levels to watch as bulls rally to $18,600 appeared first on Coin Journal.

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OKEx Users Flee In Droves Shortly After The Exchange Restores Withdrawals

Cryptocurrency withdrawals on OKEx had been suspended for five weeks after one of the exchange’s private key holders could not be reached as they were cooperating with law enforcement in an investigation. дальше »

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TA: Bitcoin Correcting Gains, Key Resistance Turned Support Nearby

Bitcoin price broke to the upside and traded close to $19,500 against the US Dollar. BTC is currently correcting gains, but the previous resistance near $18,800 could provide support. Bitcoin traded above the $18,700 and $18,800 resistance levels before correcting lower. дальше »

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The Ripple Effect: 5 Key Factors Behind The 100% XRP Surge

After spending three years of the crypto bear market as the butt of all jokes, being compared to sheep manure, and much more, XRP has shocked the entire industry with a 225% single-month explosion. But the powerful breakout could only be just beginning, according to a variety of technical indicators that measure the strength of […] дальше »

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Bitcoin Breaks $19,000: Why Analysts are Concerned of a 30%+ Pullback

Bitcoin and the entire cryptocurrency market have been caught in the throes of an intense uptrend throughout the past few days Bulls have been aggressively propelling the cryptocurrency higher, with BTC now pushing past its key $19,000 resistance level The selling pressure here has proven to be quite intense, making the firm break above this level technically significant If the cryptocurrency can hold above $19,000 for an extended period of time, it could be a […] дальше »

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TA: Bitcoin Stuck In Range, Why BTC Remains At Risk of A Sharp Correction

Bitcoin price failed again to clear the $18,800 resistance against the US Dollar. BTC is trading in a range and it could correct lower sharply if there is a break below $18,200. Bitcoin is still trading well below the key resistance area near the $18,700 and $18,800 levels. The price is now below $18,500 and […] дальше »

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Ethereum Could Target $850 Once It Breaks Key Resistance, Claims Analyst

Ethereum has flashed signs of immense strength despite a fleeting overnight selloff This recent decline came about in tandem with that seen by the rest of the crypto market Bitcoin plunged below $18,000 before posting a “V-shaped” recovery and rallying significantly higher This recovery also helped lead ETH higher, with the cryptocurrency rapidly navigating back up to where it has been trading throughout the past couple of days Its recent strength and unwavering uptrend indicate […] дальше »

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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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TA: Bitcoin Price Smashes Key Resistance, Why $17K Could Be Next

Bitcoin price gained bullish momentum and it broke the $16,500 resistance against the US Dollar. BTC is likely to continue higher towards $17,000 as long as it is above $16,200. Bitcoin regained strength and it broke the $16,500 and $16,600 resistance levels. дальше »

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Ethereum Could Be in a Precarious Position as Buyers Fail to Break Key Level

Ethereum has been underperforming Bitcoin throughout the past couple of days, drifting lower while the benchmark crypto nears its 2020 highs Higher risk assets like ETH may be seeing tempered price action because investors fear the sustainability of BTC’s latest push higher If it can stabilize and see a continued bout of sideways trading, then assets like Ethereum may be able to push significantly higher One trader is noting that until $460 is flipped back […] дальше »

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Ethereum Drops Below Crucial Technical Pattern and Must Hold $430

Ethereum could undergo a stronger drop in the days ahead, analysts say, as the cryptocurrency slides below key support levels. Ethereum Loses Key Support Level on a Short-Term Basis: Analysis A crypto-asset analyst shared the chart below just recently, showing how the coin has moved below a rising wedge pattern. дальше »

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Analyst: Bitcoin Could Reel to $13,000 or Lower if It Breaks One Key Level

Bitcoin has been struggling to hold above $16,000 throughout the past couple of days, which is a somewhat grim sign Its weekly candle close is just a couple of hours away, and how it trades heading into this will likely set the tone for where it trends in the week ahead The ongoing influx of […] дальше »

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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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Analysts Watch Crucial Bitcoin Support as Altcoins Gain Momentum

Bitcoin has been inching lower throughout the past few days and weeks, with buyers and sellers both being unable to take control of its near-term trend This slight decline has come about following a period of immense strength and stability as it consolidated above $16,000 If it continues trading below this level, its recent $16,500 highs could mark a long-term top Where it trends next may depend on one key support level that an analyst […] дальше »

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Here’s how Litecoin (LTC) price could gain over 30% in December

Litecoin (LTC) price is trading more than 12% higher this month as the bulls attempt to break the key resistance in the short-term. Fundamental analysis: Paypal’s new crypto update will allow trading of BTC, ETH, BCH and Litecoin in the U. дальше »

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TA: Bitcoin Trades Near Crucial Juncture, Why 100 SMA Is The Key

Bitcoin price is facing a strong resistance near $15,500 and $15,600 against the US Dollar. BTC could clear the $15,500 resistance unless there is a clear break below the 100 hourly SMA. Bitcoin is facing a strong barrier near the $15,500 and $15,600 resistance levels. дальше »

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TA: Ethereum Lacks Momentum, Showing Early Signs of a Minor Drop

Ethereum climbed higher nicely from the $425 support zone against the US Dollar. ETH price is struggling to clear the $460 resistance and it could revisit $420 in the near term. Ethereum is showing a few bearish signs below the key $460 resistance level. дальше »

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Crypto Impact Unclear After Joe Biden Unseats Donald Trump as Next US President

Joe Biden’s picks to head key regulatory agencies could redefine cryptocurrency policy in the coming years. Exactly how remains an open question. дальше »

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SEC Finalizes Rule Change That Could (One Day) Juice Token Sales

Companies can now raise more money under three key securities exemptions without having to register with SEC. дальше »

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Ethereum Could Plunge to $315 if Bulls Fail to Defend One Key Level

Although the altcoin market has not been tracking Bitcoin’s upside as of late, it is still fully exposed to its downside The cryptocurrency faced another rejection at $13,800 overnight that caused it to reel into the lower-$13,000 region This created headwinds that put a firm end to the breakout rally that Ethereum started forming yesterday ETH has now erased all of its recent gains and is now at risk of seeing significantly further downside One […] дальше »

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Ethereum Fails to Post Bullish Monthly Close, Opening the Gates for Downside

Ethereum’s trend of underperformance against Bitcoin has persisted and is showing few signs of changing anytime soon The cryptocurrency has been unable to match the strength seen by BTC over the past few weeks, and it is still trading below its key $400 resistance level Where it trends in the near-term depends largely on Bitcoin’s reaction to $14,000, as a break above this level could send the entire market flying higher One analyst is now […] дальше »

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Analyst: Ethereum Could Rally Towards $432 if Bulls Flip One Key Level

Ethereum has continued seeing lackluster price action while Bitcoin rallies past its critical short-term resistance The crypto is on the cusp of flipping its $390 resistance, however, which could give it freedom to rally significantly higher in the short-term One trader is now noting that a surge up towards $432 could be in the cards if ETH can break above its short-term resistance level This would be a significant rally that potentially puts a firm […] дальше »

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Bitcoin Could Rally to an All-Time High if It Hits One Key Level

Bitcoin could be on the cusp of posting a move to fresh all-time highs if it can close its monthly candle today above one critical level. The benchmark cryptocurrency has been caught within the throes of an intense uptrend throughout the past several days and weeks, with each selloff being fleeting and followed by it […] дальше »

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