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 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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Data Shows This Single Trump Tweet Marked the Local Bitcoin Bottom

Bitcoin’s price has lacked directionality throughout the past several days and weeks, with both buyers and sellers reaching an impasse This has come about as it continues trading squarely in the middle of its long-held trading range between $10,200 and $11,200 Despite being closely correlated to the stock market, yesterday’s intense equities rebound was not enough to pull Bitcoin higher The cryptocurrency still remains below multiple key levels One analytics firm still believes that the […] дальше »

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Bitcoin Could See an Accelerated Decline to $9,500 if It Breaks One Key Level

Bitcoin’s price has been largely stagnant over the past couple of days, with its recent uptrend stopping short of leading the cryptocurrency up to highs of $11,000 BTC has been able to maintain the bulk of its recent gains despite the selloff seen yesterday afternoon This selloff caused it to wick as low as $10,500 on some exchanges, but the decline was fleeting and followed by a strong rebound Although Bitcoin has been consolidating ever […] дальше »

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Cardano (ADA) price rebounds after support break

Cardano (ADA) price is trading over 6% higher this week as the buyers attempt to stage a rebound after breaking below the multi-month supporting line.   Fundamental analysis: Developing a secure framework is key Charles Hoskinson, the founder of Cardano, said the ultimate goal of his blockchain project is to develop a secure framework that offers consumers comprehensive economic identities. дальше »

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Analyst: Bitcoin is Likely to Slowly Bleed Towards $8,550 Before Rebounding

It has once again been a turbulent overnight trading session for Bitcoin The benchmark cryptocurrency plunged as low as $10,200 yesterday afternoon before bulls stepped up and slowed its descent The rebound from these lows led it to kick off a slight uptrend that has reversed the majority of yesterday’s losses Analysts are now noting that its near-term trend may depend largely a few key factors It is important to note that the majority of […] дальше »

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Ethereum Approaches Key Resistance; Break Above Could Spark Move to $650

Ethereum has seen a strong rebound from its recent lows today, with its ongoing upswing coming about in tandem with the immense technical strength seen by Bitcoin. The aggregated cryptocurrency market is trending higher today, which is partially being driven by Bitcoin’s strong weekly candle close and the ongoing upswing seen in the stock market. […] дальше »

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Ethereum Remains in Bears’ Control Until it “Powers Above” Key Level

Ethereum has seen a sharp rebound from its recent lows today, with bulls and bears remaining engaged in a heated battle for control over its mid-term trend. This trend is somewhat unclear at the moment, as Ethereum has been facing multiple strong selloffs throughout the past few days, but each dip has been followed by […] дальше »

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Ethereum Taps Key Resistance as Analysts Watch for Rebound to Falter

Ethereum has posted a strong rebound from its recent lows, with bulls pushing the cryptocurrency up to highs of $360 earlier today This upswing proved to be short-lived, and the cryptocurrency has since been rejected at this level Nonetheless, today’s price action has signaled that ETH’s sub-$320 lows may ultimately mark a long-term bottom that is followed by further upside While speaking about this, one analyst explained that although today’s rebound has been strong, it […] дальше »

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Bitcoin is at a “Pivotal” Level; Here are the Key Factors to Consider

It has been a turbulent past couple of weeks for Bitcoin, with the cryptocurrency first plunging to lows of $11,000 last week before incurring a strong rebound that has since led it all the way up towards $12,000. дальше »

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Bitcoin Bulls Flash Signs of Strength as Stock Market Fuels Fresh BTC Uptrend

Bitcoin is showing some signs of strength after it posted a strong rebound from its recent lows set around $9,200 The crypto has since climbed back above $9,400, and appears to be navigating through what has become a heavy resistance level Analysts do believe that the token is poised to see further upside due to a few key factors One such factor would be the ongoing rise seen while looking towards the stock market, which […] дальше »

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Bitcoin Analysts are Watching These Six Critical Levels After Yesterday’s Plunge

Bitcoin posted a grim plunge yesterday that caused it to see notable losses Buyers were able to ardently defend against a break below the key support that has been established at $9,000 Analysts are now widely noting that BTC could be positioned to see further weakness in spite of its bullish overnight rebound There are six key high time frame support levels that buyers have built – ranging between $1,000 and $7,000 Buyers must post […] дальше »

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3 Reasons Why a Post-Coronavirus Stock Market Rally is Delusional

The U.S. stock market faces severe risks that may spoil the ongoing recovery. Key data points suggest a V-shape rebound is premature to call. The post 3 Reasons Why a Post-Coronavirus Stock Market Rally is Delusional appeared first on CCN.com дальше »

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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 »

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Bitcoin Could “Teleport” Higher if It‘s Able to Surmount This Key Level

Bitcoin’s price action seen throughout the past few days has quite boring for traders, with the benchmark digital asset forming a relatively tight trading range between $6,600 and $6,800. This period of range-bound trading comes shortly after the crypto’s intense rebound from its recent lows within the $3,000 region, with the momentum incurred here being... дальше »

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Bitcoin Just Faced a Dire Rejection at a Key Technical Level; Here’s What This Means

Bitcoin has entered a firm bout of sideways trading in the days following its recent meltdown from highs of $8,000 to lows of $3,500. The rebound that occurred in the time following this intense selloff led the crypto into the lower-$5,000 region, which is where it has been trading at ever since. It now appears... дальше »

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Analyst: Bitcoin could see an explosive upwards movement after tapping key “buy zone”

Bitcoin (BTC) saw a massive selloff this morning that sent the cryptocurrency reeling from the upper-$8,000 region to lows of $8,100, before finding some support that has allowed it to rebound slightly. дальше »

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Ripple (XRP) Price Analysis (February 24)

Key Highlights XRP/USD market now trades sideways around a $0. 28 mark. Trading indicators signal that the XRP/USD market still somewhat under declining moves. A strong rebound expected, while sudden dip occurs around the $0. дальше »

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MONERO (XMR) Price Analysis (February 22)

Key Highlights There has been a notable size of slight downs in the XMR/USD market worth. The value of XMR/USD may still lower southward to locate a demand line around $70. A line of consolidating moves is likely bound to occur around the $70 mark, which may afterward give way for a bullish rebound trend. […] дальше »

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$8,900: Bitcoin Eyes Major Rebound as Bullish Confluence Grows

Bitcoin (BTC) has been caught within the throes of volatility over the past several days and weeks, with this turbulent price action leading the cryptocurrency to surge as high as $8,300 yesterday before incurring a significant amount of selling pressure that briefly pushed it below its key support at $8,000. дальше »

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Dow Rebounds After Mnuchin, Lighthizer Conclude ‘Frank’ Shanghai Talks

The Dow scored a crucial rebound on Wednesday after US negotiators led by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin secured key concessions from China, which apparently brushed off President Trump’s brazen attacks. дальше »

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Ethereum (ETH) Price Grinding Higher: $255 Presents Crucial Challenge

ETH price started a steady rebound above the $240 and $245 resistance levels against the US Dollar. The price traded close to the $250 resistance area and it is currently consolidating in a range. дальше »

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Tesla Insider Picks Worst Possible Time for Stock Dump, Loses $1 Million

By CCN: Tesla stock is enjoying a roaring rebound this week. After months of slumping, Tesla is finally revving up. TSLA shares are nearly five percent higher this afternoon and have soared more than 15 percent from the recent bottom. дальше »

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Ethereum (ETH) Price Rebound Reaching Crucial Juncture: $250 Holds Key

ETH price decline recently and retested the key $231 support area declined against the US Dollar. The price started a decent rebound and recovered above the $240 and $242 levels. There is a major bearish trend line forming with resistance near $248 on the hourly chart of ETH/USD (data feed via Kraken). дальше »

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Bitcoin (BTC) Price Flirts With Key Resistance: Upside Break Possible

Bitcoin price is facing a strong resistance near the $5,150 and $5,160 levels against the US Dollar. The price must break the $5,160 and $5,200 levels to start a strong rebound. There is a major bearish trend line forming with resistance near $5,160 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »

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Ford Stock Storms to Best Day in 10 Years & Races Past Tesla Trainwreck

By CCN: The stock price of Ford Motor Company leaped by a staggering 10. 7 percent on Friday, allowing the company to achieve a $41 billion valuation and overtake upstart competitor Tesla in total valuation. дальше »

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Dow Surges 200 Points as Manufacturing Rebound Pumps US Stock Market

The Dow and broader U. S. stock market surged on Wednesday after a key gauge of manufacturing demand rose faster than expected in January, raising optimism that the economy was still on track. Dow Jumps Past 25,750; S&P 500, Nasdaq Follow Wall Street’s major indexes rose sharply through the late morning, overcoming a choppy pre-market for Dow futures. дальше »

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Ethereum Price Analysis: Real Bounce In ETH Or Just Rebound?

ETH price climbed higher sharply and broke the $127 and $130 resistances against the US Dollar. The price even broke the $134 resistance and retested the key $139 resistance level. Yesterday’s highlighted key bearish trend line was breached with resistance at $130 on the hourly chart of ETH/USD (data feed via Kraken). дальше »

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Litecoin (LTC) Price Analysis: Risk Of Further Losses Before Rebound

Litecoin price struggled to break the $50. 00 resistance and declined recently against the US dollar. LTC could extend losses towards $44. 00 before it could bounce back in the near term. Key Talking Points Litecoin price. дальше »

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Bitcoin Price Watch: BTC Rally Remains Attractive To Sellers

Bitcoin price traded to a new monthly low towards $3,340 and later recovered against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $3,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »

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Bitcoin Price Weekly Analysis: BTC’s Short Term Rebound Likely

Key Points Bitcoin price traded to a new yearly low at $3,126 and later corrected a few points against the US Dollar. There was a break above a key bearish trend line with resistance at $3,220 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). дальше »

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Litecoin Price Analysis: LTC/USD Rebound Gaining Momentum

Litecoin price traded higher and recovered above $34. 00 and $35. 00 against the US Dollar. LTC/USD is gaining pace and it seems like it could climb above $36. 00 and $38. 00. Key Talking Points Litecoin price recovered nicely and broke the $35. дальше »

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Cardano Price Analysis: ADA/USD Could Recover Above $0.042

Key Highlights ADA price found a strong support near the $0. 0350 level and recovered against the US Dollar (tethered). There was a break above a major bearish trend line with resistance at $0. 0362 on the hourly chart of the ADA/USD pair (data feed via Bittrex). дальше »

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Ethereum Price Analysis: ETH/USD Could Rebound In Short Term

Key Highlights ETH price retested the $100 support area and recovered slightly against the US Dollar. Yesterday’s important bearish trend line is intact with resistance at $110 on the hourly chart of ETH/USD (data feed via Kraken). дальше »

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Litecoin Price Analysis: LTC/USD Eyeing Rebound Above $35

Litecoin price is slowly recovering above the $30. 00 resistance against the US Dollar. LTC/USD could continue to move higher towards the $35. 00 or $36. 00 level. Key Talking Points Litecoin price started a decent upside move above the $30. дальше »

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Litecoin Price Analysis: LTC/USD’s Rebound Faces Crucial Hurdle

Litecoin price fell sharply below $30. 00 and traded towards $25. 00 against the US Dollar. LTC/USD started an upside correction, but struggled near $32. 00. Key Talking Points Litecoin price declined heavily and traded towards the $25. дальше »

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Bitcoin Cash Price Analysis: BCH/USD Rebound Facing Hurdle Near $185

Key Points Bitcoin cash price declined heavily towards $150 before recovering a few points against the US Dollar. There is a major bearish trend line in place with resistance at $185 on the hourly chart of the BCH/USD pair (data feed from Kraken). дальше »

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Litecoin Price Analysis: LTC/USD Could Rebound In Short Term

Litecoin price extended declines towards the $30. 00 support level against the US Dollar. LTC/USD is likely to rebound in the short term towards the $35. 00 or $38. 00 levels. Key Talking Points Litecoin price is under a lot of pressure as sellers managed to push it towards $30. дальше »

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Bitcoin Price Watch: BTC/USD Could Rebound Towards $5,900

Key Points Bitcoin price extended declines below $5,330 and traded towards $5,200 against the US Dollar. There is a major bearish trend line in place with resistance at $5,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »

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Ripple Price Analysis: XRP/USD Rebound Facing Crucial Resistance

Ripple price tumbled below the $0. 4320 support against the US Dollar. XRP/USD tested $0. 4000 and later recovered, but buyers are struggling near key resistances. Key Talking Points Ripple price declined heavily below the $0. дальше »

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Bitcoin Price Weekly Analysis: BTC/USD Rebound Faces Significant Hurdle

Key Points Bitcoin price recovered recently and tested the $6,375 resistance area against the US Dollar. There is a significant bearish trend line in place with resistance at $6,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). дальше »

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Cardano Price Analysis: ADA/USD Eyeing Rebound Above $0.075

Key Highlights ADA price found support near the $0. 0680 level and recovered against the US Dollar (tethered). There was a break above a major bearish trend line with resistance at $0. 0710 on the hourly chart of the ADA/USD pair (data feed via Bittrex). дальше »

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Bitcoin Cash Price Analysis: BCH/USD Rebound Faces Major Hurdle

Key Points Bitcoin cash price is slowly recovering towards the key $430 resistance against the US Dollar. This week’s followed important bearish trend line is intact with resistance at $430 on the hourly chart of the BCH/USD pair (data feed from Kraken). дальше »

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Is the Novogratz Rebound Evident in This Market Indicator?

Bitcoin bull and highly cited cryptocurrency proponent Mike Novogratz called “bottom” this week on Twitter. On Friday, Bitcoin’s market performance and key market reversal indicated a possible turning point. дальше »

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Ethereum Classic Price Analysis: ETC/USD Could Rebound From $12.75

Key Highlights Ethereum classic price formed a high at $13. 37 and declined below $13. 00 against the US dollar. There is a major bullish trend line in place with support at $12. 75 on the hourly chart of the ETC/USD pair (Data feed via Kraken). дальше »

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Ripple Price Analysis: XRP/USD Rebound Facing Significant Hurdles

Ripple price formed a decent support at $0. 2450 against the US Dollar. XRP/USD rebounded, but it is facing many significant hurdles near $0. 3020 and $0. 3150. Key Talking Points Ripple price corrected nicely after forming support near the $0. дальше »

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Bitcoin Price Watch: BTC/USD’s Rebound Above $6,350 is Real?

Key Points Bitcoin price recovered nicely after trading as low as $5,894 and moved above $6,200 against the US Dollar. There is a new connecting bullish trend line forming with support at $6,180 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »

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Bitcoin Price Watch: BTC/USD Could Rebound Above $6,500

Key Points Bitcoin price found support near the $5,970-6,000 area and recovered nicely against the US Dollar. There is a major contracting triangle forming with resistance near $6,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »

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Bitcoin Rebound Not Likely in the Short-Term, Analysts Eye $7,777 to Signal Uptrend

According to experts at Fundstrat, the price drop of Bitcoin to below $7,000, a two-month low, indicates that the coin will have a difficult time recovering in the short-term. Bitcoin Uptrend Coming Robert Sluymer, technical strategist at Fundstrat Global Advisors believes that $7,777 is the key level Bitcoin will have to reach to signal an. дальше »

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