Ethereum’s Strength Degrades Following Rejection at $250; What Comes Next

Ethereum has flashed signs of technical weakness overnight following a harsh rejection at $250 This level marked its high-time-frame resistance, and its inability to break above it seems to elucidate underlying weakness amongst its buyers Analysts are noting that it could be poised to continue pushing higher despite this latest setback There is one crucial level that it is trading just a hair above that could invalidate this potential rebound Ethereum has flashed signs of […] дальше »

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Bitcoin Sees Major Weakness as “Nasty” Technical Pattern Emerges

Bitcoin faced a harsh rejection at $9,800 yesterday that has since caused it to form a strong short-term downtrend. This has led it back to the lower-region of its long-held trading range BTC does appear to be technically weak at the moment, as buyers are struggling to guard against the heavy selling pressure that was incurred at this level One “nasty” technical pattern could now be flashing If history repeats itself, this pattern could result […] дальше »

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Colombia: Can Low Debt and Rates Spur Growth?

Colombia has been hit hard by the domestic and global coronavirus shutdown, but its relatively low level of debt and interest rates could help its recovery. дальше »

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Bitcoin Flipping One Crucial Level into Support Could Spark a Wild Bull Trend

Bitcoin has been able to maintain the gains it posted yesterday after it saw a sharp rally that led it up to highs of $9,800 from its recent lows of $9,200 This movement was unexpected, and certainly boosted the crypto’s bull case That being said, BTC still remains firmly within its long-held trading range Whether or not it is able to sustain this momentum may be dependent on if it is able to flip a […] дальше »

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Bitcoin Back Above $9,600 And Ready To Pounce After Record Level Accumulation

Bitcoin is back above $9,600. While the 2% price change in 24 hours has been marginal, getting back above $9,600 is a key psychological move that could boost bullish sentiment. If this holds as support, traders will expect some big price action in the week. дальше »

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Ripple (XRP) Lack of Bullish Momentum Could Derail Its Recovery To $0.20

Ripple is slowly correcting higher above the $0. 1850 level against the US Dollar. However, XRP price must break the $0. 1880 resistance and the 100 hourly SMA to start a strong upward move. Ripple is still trading in a bearish zone below $0. дальше »

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Ethereum’s Reaction to This Crucial Support Level Will Determine its Fate in 2020

Ethereum has seen some lackluster price action in recent times, largely facing sideways trading similar to that incurred by Bitcoin and the entire crypto market It has posted some signs of weakness throughout the past several hours due to it dipping below its well-established trading range This has led it down to what analysts are describing as a “crucial level,” and its reaction here could determine its fate in the months ahead One venture capitalist […] дальше »

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Bitcoin Dominance Bear Flag Nears Breakdown, But 58% Level Remains Barrier To Altcoin Season

A bearish chart formation has appeared on Bitcoin dominance that could lead to another leg down and rebound in altcoin/BTC pairs. However, the 58% level could remain a barrier, keeping a full-blown altcoin season from occurring for quite some time longer. дальше »

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Bitcoin Reclaiming This Level Could Lead to a 15% Surge: Here’s Why

With Bitcoin in no man’s land, investors have begun to identify clear levels for the cryptocurrency to hold for bulls to remain in control. One trader argued that if the cryptocurrency reclaims $10,000 on a longer time frame basis, a strong surge will follow. дальше »

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Ripple (XRP) Could Escape Downtrend if it Closes Above One Key Level

Ripple is still facing many hurdles near $0. 1980 and $0. 2000 against the US Dollar. XRP price must settle above the $0. 2000 resistance zone to avoid more losses in the near term. Ripple is climbed towards the $0. дальше »

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Ethereum (ETH) Price to Surge Orders of Magnitude, DeFi Involved, Analyst Says

Joseph Todaro, a managing partner and reseacher from the Blocktown Capital hedge fund, predicted the level the Ethereum market cap could reach if DeFi succeeds дальше »

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A Bitcoin Breakout could Carry BTC to a Crucial Resistance Level

The Bitcoin price has been gradually increasing since it reached a low of $8,910 on June 15. It is currently trading inside a symmetrical triangle, out of which a breakout is expected. After creating a bullish hammer with significant volume on June 15, the Bitcoin price has created another bullish candlestick, albeit much smaller and […] The post A Bitcoin Breakout could Carry BTC to a Crucial Resistance Level appeared first on BeInCrypto. дальше »

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Bytrend experts share bitcoin perspectives

Bytrend. com analytics department pays great attention to cryptocurrency assets and regularly analyzes the development prospects of the cryptocurrency market. The leading specialist of the department, Marius Zielinsky, estimated at first glance fantastic forecast that the price of BTC could exceed the $ 300,000 level by 2025. дальше »

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Ethereum Likely to Dive Towards $200 as Overnight Selloff Rattles Market Structure

Ethereum has decline today alongside Bitcoin and the aggregated crypto market, breaking below a key support level that was previously being defended by buyers It now appears that ETH could be well positioned to see even further downside in the days and weeks ahead One technical indicator is forecasting that it will plunge to $200 before it is able to garner any notable buying pressure This could lead it to break below a key support […] дальше »

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Analysts Target a Sub-$200 Move for Ethereum Once it Taps This Crucial Level

Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […] дальше »

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Bitcoin Takes a Big Hit: Main Reasons Why Recovery Could Face Sellers

Bitcoin is down more than 5% and it broke the key $9,300 support zone against the US Dollar. BTC traded as low as $9,089 and it is currently correcting higher towards hurdles. Bitcoin declined sharply after it was rejected one more time near the $10,000 level. дальше »

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Holding Above This Key Level Could Send Bitcoin to $14,000; Will This Happen?

Bitcoin’s consolidation phase has muddied the clarity that many investors had regarding the strength of its uptrend Because the resistance that has been laced just above BTC’s current price has proven to be insurmountable, it remains unclear as to what could push the crypto past this level Analysts still believe that the crypto’s outlook could be extremely bright In order for it to validate its potential strength, however, it is imperative that buyers push it […] дальше »

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Bitcoin’s Consolidation is Likely to Lead it to $9,200 Next; Here’s Why

Bitcoin has continued consolidating following a bout of intense volatility yesterday that sent it into the $10,000 region This movement was short-lived, and the tap of this resistance level was once again followed by a firm rejection Analysts are now noting that the cryptocurrency is growing weaker as it continues trading beneath its resistance This could open the gates for BTC to post some notable losses in the days and weeks ahead, with one analyst […] дальше »

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Trading Legend Peter Brandt Believes XRP Could Soon Tank to This Level Against Bitcoin

Ripple Labs has blown the wad allocated to support the XRP price, according to prominent chartist Peter Brandt дальше »

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Bitcoin Cash analysis: range-bound for below $260

Bitcoin Cash is trading sideways below $260, but a break above this level could...

The post Bitcoin Cash analysis: range-bound for below $260 appeared first on Coin Journal.

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This Historical Pattern Shows Bitcoin Could Be Weeks Away From $75,000

Bitcoin has been trading sideways for the past month and was rejected from the $10,000 resistance level again. There is obviously a lot of uncertainty in the market, however, it’s important to remember that Bitcoin is one of the few assets that managed to recover entirely from the massive crash on March 12 due to […] дальше »

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Bitcoin Readies For $9,900 Test, Altcoins Trend Turns Bullish

Bitcoin adherents are closely watching the fast approaching $9,900 resistance. A break above this early in the week could mean a test of local highs by its end. A move to this level comes just after a retest of the $9,300 support at the end of the weekend. This was a positive sign that the […] дальше »

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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline

Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […] дальше »

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XRP's uncertainty could propel another downtrend

XRP's price has been stuck below the $0.22 level for a long time. The third-largest cryptocurrency could be trouble as technicals indicate a potential retracement in the short-term. XRP 12-Hour ChaThe post XRP's uncertainty could propel another downtrend appeared first on AMBCrypto. дальше »

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Bitcoin Cash nears breakout at $260-mark

After breaching the psychological level, Bitcoin Cash was being traded at $253, at press time. The bulls have previously struggled to break above the $260 mark. But there could be trend reversal here The post Bitcoin Cash nears breakout at $260-mark appeared first on AMBCrypto. дальше »

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Fed Reserve of Philadelphia Research: Account-Based CBDCs May Replace Commercial Banks

A research paper published on June 1, 2020, by the Federal Reserve of Philadelphia shows account-based central bank digital currency (CBDC) could potentially replace the role of commercial banks if panic runs are managed and commercial banks are given a level playing field in the money market. дальше »

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June Moon: Bitcoin Fractal From Same Exact Time Last Year Targets Over $15,000

After repeated attempts, Bitcoin has been unable to break through resistance at $10,000. However, a fractal that matches up nearly perfectly with price action from exactly one year ago, could point to the leading cryptocurrency by market cap finally breaching the key level, and pushing higher to $15,000. дальше »

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NXS Could Be The Next Coin To Double In Value

The NXS price has reclaimed an important support level and broken out from a descending resistance line. Once it moves above its 200-day moving average (MA), it will likely accelerate upwards. The previously mentioned support level is found at 1900 satoshis. дальше »

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Stellar (XLM) Could Soon Increase by More Than 50%

The Stellar (XLM) price has likely begun a new bullish trend. The rate of increase is likely to accelerate for both XLM/BTC and XLM/USD once the price breaks out from the current resistance level. дальше »

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These Warning Signs Flashed Prior to Bitcoin’s Capitulatory Decline to $9,000

Bitcoin’s explosive rally past $10,000 yesterday afternoon liquidated tens of millions in short positions The decline from this level seen this morning also led to mass liquidations amongst traders It is imperative to note that virtually all previous breaks above this level have been met with heavy selling pressure that results in capitulatory downtrends One factor that could spell trouble for Bitcoin is the fact that funding rocketed following the recent rally Bitcoin saw a […] дальше »

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Here’s Why Bitcoin’s Outlook Remains Bleak as Long as It Trades Below $10,500

Bitcoin saw a sharp and unexpected rally past $10,000 yesterday that caught sellers off guard This movement allowed the benchmark crypto to rally to highs of $10,400 before it lost its momentum and declined back to the lower five-figure price region The cryptocurrency now appears to be trading at a pivotal point, and analysts are noting that it could still see further downside in the days and weeks ahead There is one level that, if […] дальше »

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Bitcoin Jumps Above $10,000 as It Prepares for Next Bull Cycle

Bitcoin has jumped above the critical $10,000 price level. If this level turns into support, then BTC could be on its way to $12,500. Bitcoin Is Breaking Out Bitcoin is... The post Bitcoin Jumps Above $10,000 as It Prepares for Next Bull Cycle appeared first on Crypto Briefing. дальше »

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Here’s What Comes Next After Bitcoin Closed Above Yearly Resistance at $9,500

Bitcoin’s buyers and sellers engaged in a heated battle yesterday just prior to the cryptocurrency’s critical monthly close This led it to see heightened volatility, with bulls prevailing over bears Buyers were able to propel the cryptocurrency above a massive monthly resistance level that has been holding strong throughout part of 2019 and all of 2020 The close above this level could be a bullish catalyst Bitcoin has been seeing some turbulence as it consolidates […] дальше »

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Altcoins Could Face Capitulatory Decline as Crypto Market Hits Key Resistance

The aggregated cryptocurrency market has been struggling to spark a macro uptrend due to Bitcoin’s inability to break above $10,000 This has led it to form some heavy resistance just above its current market cap – with this level potentially being insurmountable in the near-term Analysts are also pointing to altcoins severe underperformance of Bitcoin in recent times, which could suggest that this potentially imminent market-wide decline will be brutal for smaller cryptocurrencies Bitcoin and […] дальше »

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Bitcoin Could Soon See a $1,300 Loss as It Nears Key Resistance

Bitcoin has been flashing signs of immense strength throughout the past few days as it pushes up towards the mid-$9,000 region. Although on a surface level this movement appears to be bullish, it is important to note that the cryptocurrency is now pushing up against heavy resistance. дальше »

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Ethereum Could Rally Significantly And Only 1 Thing is Holding it Back

Ethereum is showing positive signs and it broke the $205 resistance against the US Dollar. ETH price could rally significantly if there is a clear break above the $210 resistance. Ethereum gained traction and managed to climb above the $205 level and the 100 hourly SMA. дальше »

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Bitcoin’s Move Past $9,000 Leaves Wake of Destruction; Liquidates $20m in Shorts

Bitcoin saw a sharp rise overnight that allowed it to firmly surmount the $9,000 region This upwards movement liquidated nearly $20 million in short positions, with buyers now attempting liquidate even more shorts in an attempt to fuel an uptrend The crypto has been rejected within the $9,200 region, however, which could halt its short-term uptrend Analysts are now also noting that heavy resistance just above Bitcoin’s current price level could be enough to fuel […] дальше »

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Bitcoin’s $9k Bounce Could Falter if Bulls Fail to Break This Price Level

Bitcoin bulls have once again defended the $8,800 support. After doing so last week, there was an expectation that another run at it would end with Bitcoin breaking beneath. The bull’s effort has not only been awarded with the support holding but also with a bounce-back above $9,000 and into the $9,150 levels. This is […] дальше »

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As the Bitcoin Dominance Rate Decreases, Major Altcoins Could Move Upwards

The Bitcoin dominance rate (BCD) has fallen to a major support level, a breakdown below which could indicate a bullish period for altcoins. However, both LTC and XRP have fallen below almost year-long support levels and have yet to show clear signs of reversal. дальше »

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REN Nears End of Bullish Trend While MATIC May Be Just Starting Its Own

MATIC has just broken out from an important resistance level and could increase rapidly due to the lack of resistance above the current price level. While REN has successfully flipped and important horizontal resistance level, its upside potential seems limited, due to the fact that it has yet to clear numerous important resistance areas. дальше »

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Crypto Market Faces Massive Resistance as Traders Expect Altcoins to Dive

The crypto market is flashing some overt signs of weakness as Bitcoin leads most major altcoins lower Although some smaller tokens have been able to escape these losses, the aggregated market recently tapped a major resistance level, opening the gates for major downside This has led traders to widely note that Bitcoin and other major alts like Ethereum could be positioned to see immense losses in the near-term Bitcoin and the aggregated crypto market have […] дальше »

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2 Altcoins That Could Soon Break Out

ALGO has reclaimed a long-term support level and created a bullish reversal pattern. RSR is attempting to break out above a very important resistance level but has yet to do so. Algorand (ALGO) The possibility of the ALGO price moving upwards was shown by @damskotrades, and it shows that the price has just reclaimed the […] The post 2 Altcoins That Could Soon Break Out appeared first on BeInCrypto. дальше »

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ICX Has Doubled in Value and WRX Could Follow Its Lead

The ICON (ICX) price has been rapidly increasing since May 15 but has reached an important resistance level and it is unclear if it will break out from it. WazirX (WRX) has been showing similar movement to ICX prior to the breakout but has yet to break out from its descending resistance line. дальше »

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Ethereum's price primed for more profits after narrowly escaping major retest

The latest market dip drove the largest altcoin, Ethereum to a value of $204.19. The coin narrowly avoided a collapse below the psychological level of $200 and it appears that it could be headed for aThe post Ethereum's price primed for more profits after narrowly escaping major retest appeared first on AMBCrypto. дальше »

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Where Will Bitcoin Find Support?

During the week of May 17-24, the Bitcoin price decreased considerably. It created a bearish engulfing candlestick that caused it to decrease all the way to an important support level. A breakdown below this support could indicate that the price has begun a new bearish trend. дальше »

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Ethereum Seems Resilient Above $200: Here’s Strong Case For Rally To $250

Ethereum is trading nicely above the $192 and $200 support levels against the US Dollar. ETH price could start a strong rally if it clears the $210 and $215 resistance levels. ETH price is showing positive signs above $200 pivot level against the US Dollar. дальше »

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Ethereum’s Price Action Could Resemble a “Car Crash” if it Breaks Below $190

Ethereum has once again declined back down to its long-held consolidation channel around $200 The cryptocurrency is now showing some signs of weakness as it continues performing poorly alongside Bitcoin and most other major altcoins This weakness could soon lead it down to a key support level that must be maintained by buyers A failure for ETH to hold above this level could mean a “car crash” style decline is imminent, according to one analyst […] дальше »

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These 2 Altcoins Could Be the Next Ones to Initiate Upward Moves

Theta Token (THETA) has broken out above an important resistance level and validated it as support afterwards. RVN has yet to break out but is showing strong signs of a reversal. Ravencoin (RVN) Cryptocurrency trader @IncomeSharks outlined an RVN chart in which the price is exiting his buy zone, which is found at 200 satoshis. дальше »

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Bitcoin Tests Triple-Top Looking for a Breakout

The Bitcoin price is in the process of breaking out from a descending wedge This movement could take the price all the way to the closest resistance area to create a triple-top. The Bitcoin price is currently trading inside a minor support level, found at $9,550. дальше »

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The Dow’s Next Crash Is Lurking Around the Corner: UBS

Dow bulls are on the defensive as the blue-chip index careens toward a critical support level. If breached, a new selloff could resume. The post The Dow’s Next Crash Is Lurking Around the Corner: UBS appeared first on CCN.com дальше »

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