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Ethereum Pushes Against Key Resistance as Chart Shows Signs of “Strong Bid”

Ethereum has been largely tracking Bitcoin’s price action as of late, but its swings have been far more tempered as it hovers within the $1,300 region The cryptocurrency has been showing some signs of strength, with bulls ardently absorbing all the intense sell pressure it has faced in recent times This indicates that there’s a […] дальше »

2021-1-31 23:00


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Ethereum Reaches a “Vital” Point as Bulls Fail to Flip Resistance to Support

Ethereum and the entire crypto market has faced some weakness throughout the past couple of days Although both BTC and ETH are trading well above their recent lows, it is important to note that bears are in the process of reversing yesterday evening’s gains This downtrend could prove to be bearish for ETH, as the crypto has been unable to flip a key resistance level into support This comes as it ventures into what one […] дальше »

2021-1-13 01:00


Analyst: Bitcoin Could Cross $100,000 in a “Matter of Weeks” as Bulls Take Control

Bulls have taken full control of Bitcoin’s price action, sending the cryptocurrency rocketing up to $40,000 this morning before it faced some resistance It has since retraced slightly but is still looking strong and could be positioned to rally higher in the near-term Each retrace seems to be providing it with fuel for further momentum, which is a sign that bulls are in full control of the mid-term trend Where the market heads next will […] дальше »

2021-1-8 23:00


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Analyst: Bitcoin Likely to “Grind Up” to $30,000 as Bulls Take Control

Bitcoin has seen some massive volatility as of late, with the benchmark cryptocurrency remaining stuck below its recently set highs but not seeing any sustained downtrend Its strength seen in the time since it faced a grim rejection at $28,500 has been impressive, invalidating the notion that this is a local top Where the market trends in the mid-term should depend largely on its continued reaction to the resistance that sits around $28,000 A firm […] дальше »

2020-12-31 21:00


Bitcoin Bulls Defend $17,700, But BTC Still Faces Dangerously Strong Resistance

Bitcoin has faced some intense selling pressure over the past few days, with the response to its recent break below $19,000 being quite bearish This validates the notion that this is a crucial level that the crypto much firmly surmount and flip into support if it is to see any further upside One trader is now noting that, while BTC did rebound off of its key support in the upper-$17,000 region, it still faces multiple […] дальше »

2020-12-10 21:00


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Bitcoin Surges After Bulls Defend Key Level; What Analysts are Watching For

Bitcoin is in the process of pushing higher today, with bulls aiming at sending the cryptocurrency up towards the resistance that it has long faced within the mid-to-upper $19,000 region. If the selling pressure here remains constant and continues hampering the cryptocurrency’s growth, then bears may be poised to gain some control over BTC’s price […] дальше »

2020-12-4 19:16


Bitcoin Faces Harsh Rejection as Analysts Eye Potential Consolidation Phase

Bitcoin faced an incredibly harsh rejection earlier this morning that caused its price to plummet This came about directly following another test of the cryptocurrency’s all-time high, which was broken and tested on multiple occasions over the past day The resistance here is still significant and should not be overlooked Whether or not this level can be flipped into support anytime soon will offer serious insights into the entire market’s near-term outlook One trader is […] дальше »

2020-12-2 21:00


Bitcoin Faces “Aggressive Selling” as Bulls Try to Shatter $11,200 Resistance

Bitcoin’s price has rallied throughout the past few days, with buyers’ ardent defense of the lower-$10,000 region catalyzing some serious momentum This momentum led the cryptocurrency as high as $11,200 earlier this morning before it faced a swift rejection The price region between $11,000 and $11,300 has long been a strong area of resistance for the cryptocurrency Some analysts and investors are noting that the aggressive selling pressure here could make it difficult for BTC […] дальше »

2020-9-20 19:00


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Ethereum Could See Major Weakness if Bulls are Unable to Defend Key Level

Ethereum has seen some immense strength over the past few days, with bulls pushing it as high as $395 before it faced some intense selling pressure that slowed its ascent The cryptocurrency has been unable to garner any significant buying pressure above $390, likely due to Bitcoin’s position beneath its $11,000 resistance Once the benchmark cryptocurrency breaks through, it may create a tailwind that lifts ETH higher The recent launch of Uniswap’s UNI token seems to […] дальше »

2020-9-19 23:00


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Ethereum Posts “Perfect Rejection” at Key Resistance as Traders Target $420

Ethereum has been closely tracking Bitcoin and the aggregated crypto market throughout the past few days This allowed it to garner some strong momentum earlier this week, but has led it to see some notable downside throughout the past 24-hours BTC and ETH both faced strong rejections above their key resistance regions, which has struck a slight blow to their technical outlooks Analysts are now noting that although this rejection seems grim, it may be […] дальше »

2020-9-13 22:00


Analyst: Closing Above This Crucial Level Could Catapult Bitcoin to New Highs

Bitcoin appears to have entered a clear consolidation phase as it trades within the lower-$11,000 region Overnight the crypto faced a slight rejection after buyers tried to push it up towards its near-term resistance Buyers were not able to surmount the heavy selling pressure that existed within this region, and the crypto fell back to its support at $11,000 Analysts are now noting that BTC could be just a stone’s throw away from seeing an […] дальше »

2020-8-5 21:00


Here’s Why Bitcoin is Poised to Hit $11,500 Following Overnight Rally

Bitcoin and the entire cryptocurrency market witnessed an intense upswing overnight, with BTC and Ethereum outshining altcoins for the first time in many weeks This sharp upwards movement came about suddenly, and for a brief moment allowed Bitcoin to shatter the resistance it previously faced at $10,000 The selling pressure above this level was heavy, however, and caused the cryptocurrency’s price to decline after it hit highs of $10,200 Despite the rejection here, analysts are […] дальше »

2020-7-27 19:00


Why Bitcoin’s Bullish Accumulation Pattern Could Still Result in a Move to $7k

Bitcoin and the aggregated cryptocurrency market are continuing to flash some signs of strength BTC is now pushing up towards $9,600, with its slow grind higher allowing it to surmount the slight resistance it faced around this price region This recent price action does appear to confirm the existence of a bullish accumulation pattern, which is a positive sign for its outlook One analyst is explaining that the crypto could still decline towards $7,000 despite […] дальше »

2020-7-26 19:00


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Bitcoin’s Funding is Flashing a Warning Sign After Rejection at Key Resistance

Bitcoin faced a grim rejection within the upper-$9,000 region yesterday that caused it to erase most of the gains that came about as its latest push higher The subsequent decline that BTC faced has led it into a key support region, which some analysts believe will lead it to see further near-term upside It is important to note that the cryptocurrency’s funding rates, however, seem to suggest that the tides are turning back into seller’s […] дальше »

2020-5-30 02:00


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‘Libra vs Alipay, WeChat’ Trending High on Chinese Search Engine

Since Facebook announced its new cryptocurrency “Libra,” it has faced resistance from global regulators and financial sectors. The People’s Bank of China, which in 2017 banned the use and trading of cryptocurrencies, has also expressed skepticism, believing that the US-controlled digital currency would circumvent its financial sovereignty. дальше »

2019-7-18 15:00