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Chainlink Reaches an “Accumulation Zone” as Potential Long-Term Bottom Forms

Chainlink has been seeing intense weakness throughout the past few weeks, which has come about following a period of macro strength that allowed its price to rally up to highs of $20.00. The cryptocurrency has since posted enormous losses that have erased months of upside, leading some analysts to now anticipate further losses in the […] дальше »

2020-9-21 01:00


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Demand for Ethereum Boosts Market Structure; Will This Propel ETH Higher?

Although Bitcoin’s reaction to $11,000 sparked a slightly harsh rejection, Ethereum’s price has remained rather stable around its $380 resistance level This resistance has held strong on multiple occasions throughout the past few days and weeks, with rejections here catalyzing some of ETH’s largest declines The importance of this level cannot be understated, but whether or not it is broken may depend largely on Bitcoin’s continued reaction to $11,000 Analysts are noting that ETH does […] дальше »

2020-9-18 23:00


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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300

Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […] дальше »

2020-9-16 23:00


These 3 Factors Suggest Bitcoin May Soon Push Towards $11,250

Bitcoin has seen some incredibly strong price action throughout the past few days Bulls have stepped up to the plate and propelled the crypto up towards its $11,000 resistance, marking a notable surge from recent lows of $9,900 These lows were visited throughout the past couple of weeks, with bears ardently attempting to invalidate Bitcoin’s macro strength Their failure to do so has now opened that gates for further upside, with one analyst pointing to […] дальше »

2020-9-15 21:00


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Bitcoin Maintains $10k Support as Weekly Close Approaches; Factors to Consider

Bitcoin has found itself caught within a consolidation phase ever since its price bottomed at $9,900 yesterday This level has proven to be major support on multiple occasions throughout the past few days and weeks, suggesting that it may ultimately prove to be a long-term bottom Analysts are now noting that the cryptocurrency may be well-positioned to see significantly further upside in the days and weeks ahead That being said, how it continues reaction to […] дальше »

2020-9-6 19:00


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Bitcoin Price Experiences Another Disastrous Fall, Risks Plunging Below $10k If This Happens

Bitcoin crashed with more than $1000 hitting a low point of $10,282 before rebounding above $10,436 to record the lowest price level seen in weeks. The crash comes after BTC’s breach of the $11500 resistance to rising above $11982, but $12k remains unachieved, even with many analysts forecasting that Bitcoin price would go as high […] дальше »

2020-9-4 11:58


Analyst: Ethereum Now Entering a Macro Correction as Selling Pressure Mounts

Ethereum has been hit hard by the latest selloff, with the cryptocurrency’s price plunging to its critical $400 support before posting a slight rebound This price action has done little to offer insight into ETH’s mid-term trend, but it did strike a blow to the bull case that has been mounting over the past few weeks Analysts are now conflicted as to where it may trend in the near-term, which may depend largely on its […] дальше »

2020-9-4 23:00


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Yearn.finance (YFI) Shows Signs of Posting Local Top Following $40,000 Rejection

Yearn.finance has been one of the strongest and fastest-growing DeFi protocols within the crypto market, which has been reflected in the price of the YFI governance token. YFI has seen parabolic growth throughout the past few weeks and months, with the cryptocurrency rallying from well-under $1,000 just a couple of months ago to highs of […] дальше »

2020-8-31 22:15