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Ethereum at Risk of Seeing Major Downside; Here’s What Analysts are Watching
Ethereum has seen mixed price action over the past couple of weeks After rallying to highs of nearly $450 last week, the crypto faced an insurmountable influx of selling pressure that forced it lower Initially, this decline forced ETH to lows of $398 before it bounced towards $420, but today it faced another bout of selling pressure that sent it back to its $400 support Analysts are now starting to grow increasingly bearish on the […] дальше »
2020-8-22 23:00 | |
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Bitcoin Just Hit a Crucial Trendline; Analysts Expect Imminent Fireworks
Bitcoin and the rest of the crypto market has witnessed some bear-favoring volatility throughout the past few hours This came about following a day of relative stability yesterday, and it appears that Ethereum’s potent decline is creating headwinds for the rest of the market BTC is now trending down near a crucial support level that coincides with a key trendline Analysts believe that a continued bout of trading above this level could be all that […] дальше »
2020-8-22 21:00 | |
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Tezos (XTZ) May Plunge Towards $3.00 as Selling Pressure Ramps Up
Tezos’ price action over the past week has primarily favored sellers, with buyers being unable to catalyze any strong uptrend while also being unable to guard against today’s market-wide selloff. The decline seen by the cryptocurrency earlier today led it to plunge to lows of $3. дальше »
2020-8-20 00:00 | |
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These Two Liquidity Regions Could Spark a Sharp Bitcoin Price Decline
Bitcoin is currently catching some upwards momentum that has sent it past its key resistance level at $12,000. Although the crypto has yet to post a significant break above this level, bulls do appear to be building strength following the strong weekly close that BTC posted yesterday evening. дальше »
2020-8-18 19:00 | |
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It’s a Critical Moment for Ethereum Following Latest Rejection at $400
Ethereum has been struggling to garner any strong momentum over the past week Overnight it saw a sharp influx of buying pressure that sent its price rocketing past $400 for a brief moment This movement was short-lived, however, as the cryptocurrency then posted a strong retrace that sent it reeling back down towards the $380 region Analysts are now noting that it’s a pivotal time for ETH, with a potential decline here having grave long-term […] дальше »
2020-8-13 23:00 | |
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Short Squeeze Possible for U.S. Dollar but Future Remains Bleak
Bets that the dollar will continue to decline have become a popular trade in recent days. Due to the worldwide economic woes, short positions against the dollar have grown substantially over the past four months, leading some to believe that positions could be squeezed. дальше »
2020-8-14 18:50 | |
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Here’s what on-chain data is saying about Band Protocol’s 30% decline
Band Protocol (BAND) has been garnering significant attention over the past few weeks due to its intense rally that sent it from the lower-$4. 00 region in early-August to highs of nearly $18. 00 that were set earlier this week. дальше »
2020-8-12 10:00 | |
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US Dollar Could See Bearish Reversal: Is A Bitcoin Reckoning Coming?
The dollar has been in sharp decline. Analysts are calling for the global reserve to lose its crown to the likes of Bitcoin or the yuan. Sentiment has reached substantial lows. However, when dollar sentiment fell this low in the past, it often triggered a strong reversal in the currency. Such a reversal, if it […] дальше »
2020-8-8 00:00 | |
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Ethereum Classic Price Analysis - A second 51% attack
Ethereum Classic has experienced two 51% attacks in the past two years, suggesting low overall network security. As the network hash rate continues to decline, future 51% attacks become a greater possibility as the cost for an attack also continues to decline. дальше »
2020-8-5 15:01 | |
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Bitcoin Topside Bias Vulnerable Unless It Surges Past 100 SMA
Bitcoin is struggling to gain bullish momentum above $11,300 against the US Dollar. BTC could extend its decline unless it surges past the 100 hourly SMA. Bitcoin is facing a strong resistance near the $11,300 and $11,400 levels. дальше »
2020-8-5 06:48 | |
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Bitcoin’s Dominance is Signaling That “Altseason” May Be in Grave Jeopardy
Bitcoin’s dominance has been seeing a sharp decline over the past few days and weeks as altcoins have captured the majority of investors’ attention Yesterday, however, this metric hit a historically important region, and shortly after the benchmark cryptocurrency’s price began rebounding Some analysts are now noting that it may be “pullback time” for altcoins, with this potential decline being perpetuated if Bitcoin can smash above $10,000 Ethereum could also play a big role in […] дальше »
2020-7-27 22:00 | |
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Chainlink’s Violent Rejection Leads it to Crucial Support; Will It Hold?
Bitcoin has been stealing altcoins’ thunder over the past several hours, with many smaller tokens plummeting as BTC surges past $9,400 Chainlink, despite its overt strength, is one example of a token that has posted major losses over the past day This latest decline marks an extension of the downtrend that it has been caught within throughout the past few days It has now reached a crucial support level that bulls are attempting to defend […] дальше »
2020-7-22 23:00 | |
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Ethereum, IOTA, DASH Price Analysis: 16 July
Many of the market's altcoins shared a brief period of correction on the charts, with Ethereum, IOTA, and Dash all noting a minor decline in price over the past 24-hours. While the latest crypto-giveaThe post Ethereum, IOTA, DASH Price Analysis: 16 July appeared first on AMBCrypto. дальше »
2020-7-16 12:30 | |
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Bitcoin Topside Bias Vulnerable Unless It Surges Past $9,300
Bitcoin extended its decline and spiked towards $9,100 against the US Dollar. BTC is currently recovering, but it must gain strength above $9,300 for a sustained upward move. Bitcoin spiked to the downside and traded to a new weekly low at $9,096. дальше »
2020-7-15 06:58 | |
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Stellar (XLM) Could Soon Erase Recent Gains as It Hits “Make or Break” Level
Stellar (XLM) has been incurring massive upside throughout the past couple of weeks, with the token’s price surging to fresh yearly highs just days ago. It is currently expressing some signs of weakness, however, as the token’s price recently faced a grim rejection that has since sparked an intense price decline. Analysts are noting that […] дальше »
2020-7-11 20:30 | |
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Bitcoin Retesting Bollinger Band Mid-Line, Rejection Has Resulted In 40% Decline
Bitcoin price is at a critical moment in its market cycle. And although it’s been said dozens of times before, the next move could choose the trend direction for months to come. At this very moment, the asset is testing a level that in the past, rejection has caused a 40% drop on average. Will […] дальше »
2020-7-9 02:30 | |
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Analyst: Bitcoin Needs to Push Past $9,600 to Avoid a Brutal Decline
Bitcoin now appears to be entering another consolidation phase around $9,300 Its buyers have been unable to surmount the resistance that exists around this price level Each attempt to break above it has been met with an influx of selling pressure that forces it lower As for what may come next, analysts are noting that it is imperative that buyers step up and force the benchmark crypto higher if they are to catalyze any further […] дальше »
2020-7-8 21:00 | |
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Economist: Crypto’s correlation to stocks could spur massive BTC price decline
Bitcoin and the crypto market appear to have been forming a close correlation to the stock market over the past few months. The post Economist: Crypto’s correlation to stocks could spur massive BTC price decline appeared first on CryptoSlate. дальше »
2020-6-29 09:54 | |
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The Last Time This Indicator Emerged, Bitcoin Dropped 50%. It’s Back
Bitcoin has shown some continued signs of weakness today due to its inability to garner any clear upwards momentum It is now hovering within the lower region of its long-held trading range, and it remains unclear as to just how long this support will last for Its latest decline lower has caused it to grow weak from a technical perspective One crucial indicator that has been bullish throughout the past several months just flipped bearish […] дальше »
2020-6-27 21:00 | |
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Two Altcoins That May Have Finished Correcting
The prices of both ICON (ICX) and Hedera Hashgraph (HBAR) have been correcting over the past two months. While both have halted their decline, ICX is showing stronger signs of reversal. ICON (ICX) The ICX price has been declining since April 1, when it reached a high of 4265 satoshis. дальше »
2020-6-16 19:00 | |
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Here’s Why Some Traders Remain Long on Bitcoin Despite Ongoing Plunge
Bitcoin bore witness to an intense overnight decline that led it down to the sub-$9,000 region for a short while. This dip was quickly absorbed by an intense influx of buying pressure that helped send the cryptocurrency surging back into the lower-$9,000 region – which is where it has been consolidating at for the past […] дальше »
2020-6-16 00:00 | |
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Analyst: If Bitcoin Holds $8,700, the Chances of “Bullish Continuation” Are High
The past few weeks have seen Bitcoin tread on thin ice multiple times: every time the cryptocurrency rallied to $10,000, it snapped lower, often violently. This week’s attempt at the crucial $10,000 resistance was no exception: after temporarily trading above the level for all of 20 minutes, the asset began a precipitous decline. дальше »
2020-6-13 04:00 | |
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Millions Liquidated on BitMEX as Bitcoin Dives $500 From $10,000 Resistance
After attempting to break past $10,000, Bitcoin has been on a gradual decline. The cryptocurrency recently fell as low as $9,475 on leading exchanges, crushed as buyers distribute coins at the crucial $10,000 resistance level. дальше »
2020-6-12 19:15 | |
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With Market Share Dwindling, Is Bitcoin Still the King?
Bitcoin dominance has been in decline for the past nine months. And as unlikely as it sounds, BTC may no longer be the most dominant digital asset in a few years. Up until early 2017, Bitcoin was pretty much the only crypto asset with any real presence. дальше »
2020-6-10 16:37 | |
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These Simple Factors Suggest Bitcoin May Soon See a Massive Plunge
Bitcoin has once again extended its long-held bout of sideways trading, as it has now been hovering around $9,700 for the past few days The crypto did decline to lows of $9,400 this weekend, but buyers quickly absorbed the selling pressure that was driving this movement It now appears that there are some factors that suggest a downside movement could be imminent If these factors are enough to shatter a key trendline Bitcoin bulls have […] дальше »
2020-6-9 21:00 | |
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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 »
2020-6-8 22:00 | |
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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 »
2020-6-3 02:00 | |
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Ethereum Forms 90% Correlation to Bitcoin; Here’s Why This Is Bearish
Ethereum and Bitcoin have formed a striking 90% correlation to one another throughout the past couple of years This correlation has grown in recent times, despite many altcoins being able to break it It does appear that, in the short-term, this could prove to be dire for ETH, as the benchmark cryptocurrency may soon see a notable decline Ethereum has been generally tracking Bitcoin’s price action in recent times, with altcoins in general struggling to […] дальше »
2020-5-29 23:00 | |
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Bitcoin Miner Manufacturer Canaan Stocks Crashing after 180-Day Lock-Up Period Expires
In the past two weeks, the price of Canaan (CAN) stocks have plunged 50%, from 5.97 on May 14th to $3. Yesterday, prices even fell below $3 briefly. The Chinese bitcoin mining firm is yet again having a rough time but unlike the 65% decline in March which was the result of massive sell-off in […] дальше »
2020-5-29 19:11 | |
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Here’s Why Bitcoin’s Large Transaction Count Has Slid 8% Over the Past Week
Bitcoin saw a sharp bounce into the $9,000 region overnight following a multi-day bout of consolidation within the $8,000 region The cryptocurrency now appears to have reached a “decision point” and where it trends from here could set the tone for where it goes in the coming weeks The current unclarity surrounding BTC’s mid-term trend has coincided with a massive decline in large transaction counts, signaling that large traders and investors are increasingly moving to […] дальше »
2020-5-28 21:00 | |
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Bitcoin Could Confirm Recent Decline as a “Huge Bear Trap” if It Reclaims $9,200
Bitcoin has seen an immense downturn over the past couple of days, declining from highs of over $9,800 to lows of $8,600 yesterday. This selloff came about after multiple consecutive rejections around $10,000. дальше »
2020-5-26 02:00 | |
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XRP Could Soon Trap Bulls; Here’s How Low Traders Think It Could Decline
XRP, like most other altcoins, has been caught within a bout of sideways trading throughout the past several days and weeks The cryptocurrency’s rangebound trading may not last long, however, as analysts are now noting that it could be poised to see some major downside in the days and weeks ahead Its next notable decline could be sparked by a bull trapping movement higher Some analysts are even pointing to a fractal that suggests new […] дальше »
2020-5-24 22:00 | |
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The Battle of Decentralized Finance (DeFi) Continues As Bitcoin Takes Over Ethereum
The amount of Ether locked in decentralized applications (DeFI) has been on a constant decline since hitting the peak at 3. 2 million ETH in February. In the past three months, the amount of ETH locked dropped almost 19% and over 7% in less than a week. дальше »
2020-5-17 20:50 | |
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Bitcoin Halving Effect: Miner Revenue Tanks 60% But Fees Compensating with 168% Spike
Bitcoin halving is past us and during this time there have been some changes in the network. As expected, the hash rate of the network crashed 40% from the all-time high put on the halving day as smaller and less profitable miners turned off their machines after being unprofitable. A decline in hash rate means […] дальше »
2020-5-16 19:32 | |
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Bitcoin Network Health Dragged Down by Waning Investor Sentiment
The past few weeks have been extremely positive for Bitcoin. Not only has the benchmark cryptocurrency has been able to erase virtually all of the losses that came about as a result of its decline to lows of $3,800 in mid-March, but it has also just concluded its third-ever block reward halving. This event reduced... дальше »
2020-5-13 04:00 | |
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Analysts Flip Short on Ethereum as Likelihood of a Sharp Decline Grows
Ethereum has begun finding immense stability within the $190 region following its recent dip to lows of $180 seen yesterday The cryptocurrency has been flashing some immense signs of weakness against its BTC trading pair throughout the past few weeks Multiple analysts are now noting that they anticipate ETH to decline further in the days and weeks ahead, potentially seeing losses that send it as low as $150 in the near-term Ethereum has seen a […] дальше »
2020-5-13 23:00 | |
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Ethereum Topside Bias Vulnerable Unless It Surges Past 100 SMA
Ethereum is showing signs of an upside correction from the $176 low against the US Dollar. However, ETH price is likely to face a major resistance near $195 and the 100 hourly SMA. Ethereum extended its decline and traded to a new weekly low at $176. дальше »
2020-5-12 07:58 | |
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Analyst Who Called XRP’s Previous Lows Now Thinks It Will Hit $0.05
XRP has been able to firmly establish its position within the lower-$0. 20 region throughout the past several days, even climbing higher today In spite of this, analysts are still wary of its mid-term outlook, with one going so far as to say that he anticipates it to decline towards $0. дальше »
2020-5-7 23:00 | |
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Bitcoin Price Tops $9,300 As Bitwise Study Says Holding BTC Boosts Any Portfolio
Bitcoin has hit a daily high of $9,392. 64, the top cryptocurrency’s upside coming on the back of strong moves in the past 24 hours. Elsewhere, asset management firm Bitwise says that BTC would have boosted any portfolio even with its price decline after the 2017 bull run. дальше »
2020-5-7 19:14 | |
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Bitfinex’s Cold Wallets are Being Drained of Bitcoin
Bitfinex is seeing its cold wallets shrink, as reports claim 57,000 BTC ($441M) has been drained in the past 70 days. The balance of Bitfinex’s BTC cold wallet is steadily dropping. On-chain metrics indicate a significant decline in the exchange’s BTC holdings. дальше »
2020-4-29 13:10 | |
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Ethereum’s Aggressive Bids are Dissolving as Buyers Grow Weak
Ethereum has seen a slight rejection from its recent highs in the time following its decline from just below $200 Analysts are noting that there are multiple separate technical factors that point to an imminent breakdown One such factor is a major decline seen in the cryptocurrency’s buying pressure, which has been dissolving throughout the past several days and weeks Ethereum has been closely tracking the price action seen by Bitcoin in recent times. This […] дальше »
2020-4-28 23:00 | |
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Bitcoin Implied Volatility Almost Back To Pre Sell-Off Levels
Bitcoin has seen one of its biggest peaks of volatility in the past 2 months after the collapse of the entire global market in March. According to the crypto statistics platform, Skew, Bitcoin has seen a significant decline in its implied volatility after the crash on March 12. дальше »
2020-4-28 17:46 | |
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NEO Price Analysis - Diminutive on-chain activity and a high degree of centralization
As NEO continues a transition period towards NEO 3.0, on-chain metrics have continued to decline or range over the past two years. дальше »
2020-4-19 15:01 | |
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Ethereum Investor Optimism Builds, Setup for a Long Squeeze
Retail investors seem overwhelmingly positive about Ethereum, which may create the perfect conditions for a sudden decline through a long squeeze. Long Ether Positions Explode Over the past few hours,...The post Ethereum Investor Optimism Builds, Setup for a Long Squeeze appeared first on Crypto Briefing. дальше »
2020-4-11 02:25 | |
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Crypto Market Highly Bearish Beneath One Level; Here’s What Could Tip the Scales
The aggregated crypto market has been struggling throughout the past few weeks, with it incurring an insane selloff that was catalyzed by Bitcoin’s decline from its mid-February highs of $10,500 to lows of $3,800. дальше »
2020-3-29 22:00 | |
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These 3 Factors Show Bitcoin Has Further to Fall After Hitting $6,000
Over the past 24 hours, Bitcoin hasn’t performed too well. After maintaining the $6,700 support for a number of days, the cryptocurrency tanked on Friday evening in a move that shocked investors, falling as low as $6,050 by the next morning, marking a decline of 10% from the then-daily highs. Related Reading: King of the... дальше »
2020-3-29 05:01 | |
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Despite 10% Crash, Bitcoin Price Still Has This Key Silver Lining
Bitcoin hasn’t performed all too well over the past 24 hours. After holding $6,700 for days on end, the cryptocurrency suddenly tanked on Friday evening, falling as low as $6,050 by the next morning, marking a decline of 10% from the daily highs. дальше »
2020-3-29 02:00 | |
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Stellar Price Analysis - Active addresses continue to decline
Despite Blockchain.com, Coinbase, and Keybase airdrops over the past two years, active addresses have continued to decline. In a likely bid to increase XLM’s potential store of value, the SDF axed 55% of the total token supply as well as successfully campaigned for the removal of inflation on the network. дальше »
2020-3-24 14:01 | |
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Bitcoin faces an inevitable crossroad between $7000 and $5400
Bitcoin's hike over the past week comes to a halt after a 10.63 percent decline was observed the last 24-hours. Bitcoin continued to exhibit weekly gains of 10.85 percent and its market cap remained uThe post Bitcoin faces an inevitable crossroad between $7000 and $5400 appeared first on AMBCrypto. дальше »
2020-3-22 21:00 | |
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Why It May Take Months For Bitcoin Price To Get Back On Track
Bitcoin (BTC) is facing a difficult time as its price action remains distorted following a remarkable decline in the past week. A technical analysis of the digital asset’s performance indicates that it may take long before recovering and getting back on track. дальше »
2020-3-20 17:46 | |
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