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Ethereum Taps a “Structure Defining” Level as Traders Foresee Major Downside

Ethereum’s recent decline has led it down to $200 as it continues underperforming both Bitcoin and many of its other peers Analysts are now noting that the crypto is trading at a “structure defining” level Its technical weakness may be enough to define its market structure as being bearish, thus catalyzing further near-term losses Ethereum has continued underperforming the aggregated cryptocurrency market as it drifts down to its key support at $200, leading analysts and […] дальше »

2020-5-5 23:00


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Bitcoin May be Topping Out After Buyers Lost a Key Level

Bitcoin has fallen back into the upper-$8,000 region after facing yet another firm rejection at $9,200 This latest rejection marks the third one that the cryptocurrency has seen in recent times, signaling that the resistance here could ultimately prove to be insurmountable Analysts are now noting that Bitcoin is flashing signs of forming a local top, signaling that the crypto is now poised to see further downside in the days and weeks ahead Bitcoin has […] дальше »

2020-5-4 19:00


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Ethereum Showing Signs of Tiredness as Analysts Expect Underperformance

Ethereum is in the process of surmounting the key $200 resistance level as its bullishness grows The cryptocurrency’s rebound from its March lows has been intense, although analysts are noting that a strong pullback could be in the cards This comes as traders note that they anticipate ETH to underperform Bitcoin in the days and weeks ahead Ethereum is now in the process of rallying up to $200, marking a significant extension of the momentum […] дальше »

2020-4-26 22:00


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Bitcoin on Brink of Serious Downside as Risk of Losing Support Grows

Bitcoin is at risk of seeing further downside as it tests a key descending trendline Some top traders are warning of BTC posting major losses in the coming days and weeks In the time following the tempered signs of weakness Bitcoin showed yesterday when it dipped below its key support at $7,200, the benchmark cryptocurrency has further extended this downtrend as bulls now defending against a dip below $7,000. This weakness has led BTC down […] дальше »

2020-4-21 21:00


Analysts Say Ethereum Surging Past $200 is Only the Beginning of Exponential Growth

Since the start of the year, Ethereum has been moving steadily upwards, sometimes violently, to form a steep vertical channel. And yesterday’s sharp gains saw a breach of the key $200 level. As such, analysts expect this to be a massive turning point for the number two cryptocurrency, which up until the start of the... The post appeared first on NewsBTC. дальше »

2020-2-7 16:01


Ethereum Is About to “Moonshot” After Surging Past This Key Level

Ethereum (ETH) may be on the cusp of seeing a massive parabolic rally, with the crypto’s recent bullishness laying the groundwork for what could be a violent upwards movement. The firm uptrend that ETH has been caught within throughout 2020 has allowed it to slowly grind up towards the $200 level – a price region... The post appeared first on NewsBTC. дальше »

2020-2-6 00:00


Bitcoin Just Surged to $8,950: Here’s Why Analysts Expect a Bigger Price Explosion

After falling as low as $8,200 late last week, Bitcoin (BTC) has recently started to mount an extremely strong recovery, bouncing after the 11% correction seen after a 43% rally. Just minutes ago as of the time of writing this article, the leading cryptocurrency hit $8,950, falling just shy of the key $9,000 level as... The post appeared first on NewsBTC. дальше »

2020-1-28 23:00