The Future of Altcoins May Depend Entirely on Ethereum’s Reaction to a Key Level

It’s no secret that Ethereum holds heavy influence over the altcoin market, with its price swings and general trend often influencing that of smaller altcoins Where they trend in the near-term may largely depend on Ethereum’s reaction to $600, as this has long been a key level for the cryptocurrency that has hampered its growth Breaks above here have been fleeting, with sellers largely controlling the region between $600 and $620 A firm break above […] дальше »

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Charted: Ripple (XRP) Approaching Make-or-Breaks Levels, $0.47 Is The Key

Ripple is struggling to settle above $0. 5000 and slowly declining against the US Dollar. XRP price must stay above $0. 4800 and $0. 4750 to avoid a major downside break. Ripple formed a swing high near $0. дальше »

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AAVE, YFI and Elrond surge as Bitcoin price breaks above $19,300

Bitcoin’s bullish move above $19,300 is pulling select altcoins closer to their key overhead resistance levels.

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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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Ethereum’s Fundamental Strength is Growing as Key Metric Points to Upside

Ethereum and the entire crypto market are currently consolidating following yesterday’s breakout rally This rally came about following Bitcoin move to its $19,400 resistance, which is a level that it has yet to surmount decisively Until BTC can break above this level, the rest of the crypto market will likely struggle to gain any immense momentum One analytics firm is now noting that Ethereum’s mid-term trend may be boosted by growing underlying strength They note […] дальше »

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Trader Goes “Heavily Long” on Ethereum as It Posts “Perfect” Support-Resistance Flip

Ethereum has been flashing some signs of strength throughout the past few days, with bulls being in full control of its price action as they aim at pushing the cryptocurrency above the key $600 level. дальше »

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Weekend Fakeout? Analysts Wary of Latest Bitcoin Rally as Price Passes $19k

Bitcoin has seen a strong push higher today that allowed its price to break above the key $19,000 level that has been so pivotal for its price action This rally came about after a period of weakness that caused the crypto to plunge as low as $17,600 The selling pressure seen around its current price […] дальше »

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Charted: Cardano (ADA) Showing Signs of Fresh Rally, But 100 SMA is the Key

Cardano’s price declined heavily towards $0. 1300 before correcting higher, similar to bitcoin. ADA must clear the $0. 1500 resistance and the 100 SMA (H4) to start a strong increase. ADA remained well bid above the $0. дальше »

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TA: Ethereum Remains Vulnerable, Why Close Above 100 SMA Is The Key

Ethereum declined towards the $530 zone before recovering above $550 against the US Dollar. ETH price is now facing a strong resistance near the $580 level and the 100 hourly SMA. Ethereum started a strong recovery wave above the $550 and $565 resistance levels. дальше »

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Institutional FOMO By Big Bitcoin Investors Fueling Price Rally

The fear of missing out by institutional investors has played a key role in pushing and maintaining Bitcoin’s price way above the $18,000 price level. Bitcoin came closest to breaching the crucial $20,000 level at the start of December 2020 and has risen up 170% this year, amidst the existence of a global pandemic and […] дальше »

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Charted: Ripple (XRP) Signaling Next Crucial Break, $0.62 A Key Barrier

Ripple is trading in a contracting range above $0. 6000 against the US Dollar. XRP price is setting up for a major break either above $0. 6200 or below $0. 5800. Ripple is showing a few positive signs above $0. дальше »

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TA: Bitcoin Stuck In A Crucial Range, Why $19.5K Is The Key

Bitcoin price is still trading in a broad range below the $19,500 resistance against the US Dollar. BTC must gain strength above $19,500 to start a fresh rally in the near term. Bitcoin is facing a strong resistance near the $19,500 and $19,580 levels. дальше »

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Bitcoin is Likely to Remain Rangebound Until It Breaks This Key Level

Bitcoin has been caught within an intense consolidation phase throughout the past few days The selling pressure in the mid-$19,000 region is intense, and it remains unclear as to whether it will break above this anytime soon The fact that it has been consolidating above $19,000 is an incredibly positive sign, and forming this into […] дальше »

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Ethereum Expects to Hit $750 as Price Holds Key Technical Support

Ethereum blockchain native’s token ETH expects to reach $750 in the fourth quarter as it holds above a crucial technical support level. On Monday, the ETH/USD exchange rate attempted to breach a short-term ascending trendline for the tenth time since November 26. дальше »

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Charted: Chainlink (LINK) Looks Ready For Another Leg Higher Over $13.5

Chainlink (LINK) is holding the key $12. 50 support level, similar to bitcoin at $18,500. The price is likely to start a strong increase above $13. 50 as long as it is above $12. 50. Chainlink token price is consolidating above the key $12. дальше »

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Ethereum’s Macro Outlook Shapes Up as Technical Strength Grows

Ethereum has been closely tracking Bitcoin as of late, which has caused it to see some consolidation Where the crypto trends in the mid-term should depend largely on ETH’s continued reaction to the $600 region Just as $19,000 is a key level for Bitcoin at the present moment, $600 is a crucial level for ETH, as breaks above this level often lead to inflows of buying pressure Where the cryptocurrency trends in the days and […] дальше »

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TA: Ethereum Consolidates Above $600, A Strengthening Case for Upside

Ethereum cleared the $600 resistance level and tested the $625 zone against the US Dollar. ETH price is consolidating above $600 and likely setting up for the next move. Ethereum settled above the key $600 resistance level and climbed towards $625. 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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TA: Ethereum Approaches Key Breakout, Why $600 Holds The Key

Ethereum found support above $580 and corrected higher against the US Dollar. ETH price is facing a strong resistance near the $600 and $602 levels. Ethereum started a decent recovery wave above the $585 and $590 levels. дальше »

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Why This Trader Will Be Bullish as Long as Bitcoin Holds $17,800

Bitcoin has begun to show signs of weakness after a strong drop last week The coin currently trades for $19,000, below the $19,900 year-to-date highs but above the $18,200 local lows Some think Bitcoin remains in a bull trend as long as it holds the $17,800 region One analyst pointed to this region as a level of key technical importance due to the confluence around that region Bitcoin Must Hold the $17,800 Region Bitcoin has […] дальше »

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Bitcoin Climbs 5%, Why $18.2K Holds The Key For More Upsides

Bitcoin price started a fresh increase from the $16,200 support zone against the US Dollar. BTC is up 5% and it is trading above $17,500, but facing a major resistance at $18k and $18. 2k. Bitcoin started a fresh upward move above the $17,000 and $17,200 levels. 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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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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Bitcoin Rebounds Off of Key Support Level as Analysts Eye Upside

Bitcoin saw a sharp overnight decline that came about following a period of immense strength This sent the token reeling down to the $18,000 level, which has long been strong support for the cryptocurrency Where it trends next will depend largely on whether or not it can continue holding above the support it has found at this key price level One trader is pointing to just how aggressively this dip was bought, which indicates that […] дальше »

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Analyst: Ethereum Likely to Target $555 as Bulls Shatter Key Level

Ethereum has rocketed past $500, with its ongoing upswing coming about as investors begin pouring capital into altcoins while BTC pushes towards its all-time highs This momentum is showing no signs of slowing down anytime soon Whether or not bulls can close its price above this level during tonight’s daily close will provide some insight into its mid-term outlook This surge has created a tailwind for altcoins, with many posting massive gains as the DeFi […] дальше »

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Analysts Expect Bitcoin to Continue Rally After Recovering to $18k

Bitcoin faced a strong drop two evenings ago when it fell from $18,500 to $17,500 in the span of minutes. But true to the volatility of the market, the cryptocurrency has quickly bounced back. As of this article’s writing, the price of BTC sits slightly above the key $18,000 resistance, though was as high as […] дальше »

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Ethereum Shatters First Key Resistance as Analysts Target Move to $480

While Bitcoin explodes past $17,000, Ethereum has seen only tempered momentum That being said, the crypto was able to break above a crucial resistance level today, and is trying to gain a footing above $470 This has led one analyst to expect significantly further upside in the near-term He believes that $480 is the next key level that ETH will target, with a break above here being vital for it to see a strong push […] 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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Why New Highs May Be Imminent For Bitcoin if $16,150 is Reclaimed

Bitcoin has begun to slide lower over the past few days as selling pressure has tapered off at the $16,500 highs. The leading cryptocurrency currently trades for $15,900, a few percent below those highs but still situated above key support levels. 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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Bitcoin Faces Drop Under $16,000: What Analysts Think Is Next

After holding above $16,000 and pushing above $16,400, Bitcoin has faced a drop. The coin currently trades for $15,800, slightly below the aforementioned highs but still above key support levels. Some analysts expect the market to consolidate further in the days ahead, potentially after one more leg higher. Yet there are signs that the market […] дальше »

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Bitcoin Enters “Chop Mode” as Analysts Eye Potential Consolidation Phase

Bitcoin has yet to break above any key resistance levels over the past couple of weeks, with the resistance at $16,000 holding strong The selling pressure here has proven to be significant and has stopped the cryptocurrency’s immense uptrend right in its tracks Where the entire market trends next will likely depend on how Bitcoin trades as it nears this crucial level One prominent trader is stating that he expects Bitcoin to see further chop […] дальше »

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Chainlink is an Inch Away from Breaking a Key Resistance Level: Analyst

Chainlink has firmly broken above the $13. 00 level that has been suppressing its price action for the past few weeks. This is a notable breakout and suggests that the crypto may be on the cusp of seeing significantly further upside. дальше »

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Bitcoin is Testing a Key Parabolic Trendline as Bears Try to Spark Downside

Bitcoin has been struggling to maintain its immense momentum following the multiple rejections seen at $16,000 It is now consolidating within the lower-$15,000 region, with bulls struggling to hold it above this level as it continues slowly drifting lower It did see a sharp rebound from its overnight lows of $14,800 that were set during yesterday’s selloff, with the support here being significant That being said, the multitude of rejections at $16,000 hasn’t bode well […] дальше »

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Ethereum Remains Weak So Long as Bulls Fail to Flip One Key Level

Ethereum’s price has been trapped below one crucial level throughout the past few days While it has been flashing signs of strength, buyers have not been able to shatter the selling pressure that exists at $450 This is a key level that ETH bulls have been struggling to break above throughout the past few days and weeks Until this level is firmly surmounted, the crypto may remain in a somewhat precarious position Buyers and sellers […] дальше »

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Analyst: Ethereum is About to Follow Bitcoin and See a Parabolic Move

Following a prolonged period of Ethereum severely underperforming Bitcoin and the rest of the crypto market, it is finally reversing this trend ETH has been able to post massive gains throughout the past 24-hours, surging beyond multiple key resistance zones as bulls aim at breaking above $450 This has revitalized the aggregated altcoin market, with DeFi tokens being particularly impacted by Ethereum’s strength These digital assets are now seeing their first signs of ending their […] дальше »

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TA: Ethereum Smashes Heavy Resistance And Its Primed To Surpass $450

Ethereum cleared the $405 and $410 resistance levels to start a fresh rally, following bitcoin price surge against the US Dollar. ETH price is likely to continue higher towards $450 and $465. Ethereum is up over 6% and it broke the key $420 resistance level. дальше »

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Traders are Using the Most Leverage Ever as Bitcoin Nears Key Resistance

Bitcoin is trading around the level it has been at for the past couple of weeks Bulls are vying to break above $13,800, but the resistance here is rather significant and is showing few signs of degrading BTC has now made multiple bids to break above $14,000, but each one has resulted in it seeing strong inflows of selling pressure that send it back down to the mid-$13,000 region There’s a good chance that Bitcoin […] 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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Impending pennant breakout sets Bitcoin price back on the path to $14,000

Increasing volume and a breakout above a key trendline have set Bitcoin price back on the path to $14,000.

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Ethereum’s Macro Outlook is “Ultra Bullish” Despite Recent Turbulence

Ethereum has been closely tracking Bitcoin’s price action throughout the past couple of days This has caused it to see a notable selloff, with bulls and bears now reaching an impasse as it trades just above its crucial $380 support level A continued defense of this level is key if bulls want to fuel a move higher in the near-term One analyst is now noting that the cryptocurrency’s macro outlook is ultra-bullish despite the recent […] дальше »

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Here’s What May Have Caused Bitcoin to Nosedive into Its Key Support

Bitcoin saw a nosedive that caused it to erase all of yesterday afternoon’s gains as a result of the intense selling pressure around $13,800 This level marks the cryptocurrency’s 2019 highs, and a continued bout of trading at this level could confirm this as a local top It is important to note that BTC has found support above $13,200, which is a positive sign suggesting that upside is imminent The resistance here isn’t the only […] дальше »

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Chainlink, IOTA, FTX Token Price Analysis: 28 October

Most digital assets recorded negative gains on their daily charts today, as the bears controlled the market. Chainlink and FTX Token remained just above their key support levels following a strong selThe post Chainlink, IOTA, FTX Token Price Analysis: 28 October appeared first on AMBCrypto. дальше »

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Ethereum bounces off crucial support area but faces major hurdle

Ethereum price is -3.3% down but its rebound above $390 is key to bulls...

The post Ethereum bounces off crucial support area but faces major hurdle appeared first on Coin Journal.

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Bitcoin Could Rocket if It Closes Its Monthly Candle Above This Key Level

Bitcoin is currently consolidating within the lower-$13,000 region as bulls move to control its near-term price action. It has been struggling to break above $13,200 ever since it was rejected at this price level a few days ago. дальше »

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Bitcoin Must Consolidate Above This Key Level, Or Risk Plunging to $11,900

It has been a wild past few days for Bitcoin and the aggregated cryptocurrency market Bitcoin has been able to post consistent gains throughout as of late, with buyers and sellers largely reaching an impasse following its slight rejection at $13,200 This has created a slight consolidation phase around $13,000 that it has been caught within throughout the past two days If this phase persists in the near-term, BTC must continue holding above $12,800 One […] дальше »

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