Why Traders Don’t Think Chainlink (LINK) Will Set Fresh Highs Anytime Soon

Following the parabolic rally that Chainlink saw just a couple of weeks ago, the cryptocurrency has been struggling to garner any significant momentum. Its price has remained stagnant, mostly trading below $8. дальше »

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Cryptocurrency News Roundup for July 23, 2020

After trading sideways for weeks below the stubborn resistance at $250, the Ether (ETH) price finally saw some action early on Thursday (UTC). Since then, the ETH/USD pair has climbed all the way north of $275, which also happens to be its highest in about five months. дальше »

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As Silver Smashes 6-Year High, Peter Schiff Calls It The “New Bitcoin”

While bitcoin is yet to fully break out and is trading circa 50% below its all-time high of $20,000, silver has rocketed to a record high. Euro Pacific chief Peter Schiff who has always drawn comparisons between bitcoin and his beloved yellow metal, gold, took to Twitter today to mock the top crypto over its […] дальше »

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Bitcoin Cash, Tezos, Dash Price Analysis: 18 July

Despite Bitcoin's price being stuck well below $9500 mark, altcoins seem to be registering quite a lot of varied price action. While Bitcoin Cash and Dash saw a minor drop in their trading price in thThe post Bitcoin Cash, Tezos, Dash Price Analysis: 18 July appeared first on AMBCrypto. дальше »

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Here’s Why Ethereum Breaking Below $225 Could End “Altseason”

Ethereum has seen some notable losses that have sent it down to the lower boundary of its trading range The crypto is now flashing some overt signs of weakness This is rooted in the lack of strength seen by both Bitcoin and most other major digital assets Analysts are now noting that $225 is a crucial level for ETH One trader is even noting that it is arguably the “biggest level” in the crypto’s history […] дальше »

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Bitcoin Creates Bullish Hammer Above Crucial Moving Average

The Bitcoin (BTC) price is trading slightly above an important moving average (MA), but slightly below a crucial support area found at $9,250. Today is the seventh day that the price has been hovering around this level. дальше »

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Bitcoin Hangs on to Channel Support by a Thread

The Bitcoin (BTC) price is trading slightly below a crucial support area at $9,250. The price has been trading near this level for the past five days but has failed to initiate a bounce. At the time of writing, the price was in the process of breaking down from a parallel ascending channel. дальше »

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Bearish Catalysts for Bitcoin Price

This week, Bitcoin is ranging between $9,050 and $9,500. Currently, we are trading just above $9,200 after yesterday, Bitcoin’s price dropped $150 in seconds on Bitstamp, trading well below the rest of the market. дальше »

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As Bitcoin’s Volatility Hits Historic Lows, Traders are Eyeing a Move to $13,000

All of Bitcoin’s recent volatility has occurred within a relatively tight trading range between $9,000 and $10,000. There have been a few occasions in which the cryptocurrency has broken above or below these range boundaries, but each time has been short-lived and followed by a swift movement back into the range. This range was first […] дальше »

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Ethereum Could Set a “Lower Low” if It Breaks Beneath This Crucial Level

Ethereum is now showing some signs of underlying weakness despite seeing some strong price action over the past few days After hovering within the upper region of its long-established trading range, the slight downwards movement seen by Bitcoin and the aggregated market has forced it lower It hasn’t declined beneath any crucial support levels yet, but several sit just below where it is currently trading at One analyst is noting that its closest support is […] дальше »

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Dogecoin 140% Joke Rally Goes Serious with Perpetual Contract Launch

Dogecoin surged by circa 140 percent this week as a new TikTok challenge urged users to pump it to $1. The meme cryptocurrency is still trading about 1,800 percent below its viral price target. Meanwhile, Malta-based Binance announced today that it would launch DOGE/USDT Perpetual Contract with up to 50x leverage. It was all a […] дальше »

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XRP’s Recent Collapse Could Force Ethereum Under $200, Analyst Suggests

While Bitcoin, Ethereum, and other top cryptocurrencies are near year-to-date highs, the same cannot be said for XRP. As the chart below depicts, the leading altcoin is trading at $0. 185 as of this article’s writing. дальше »

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Crypto Tidbits: Bitcoin Stalls at $9k, Cardano Shelley, Elon Musk & Ethereum

Another week, another round of Crypto Tidbits. It’s been another boring week for the Bitcoin market. For all of the past seven days, the leading cryptocurrency has traded within 3% of $9,100, trading both above and below that level. дальше »

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A Signal Last Seen Before Bitcoin Plunged to $3,700 Is About to Return

To many, determining which direction Bitcoin trends from here is a coin toss. One trader shared the image below with the caption: “You guys still trading this garbage? I’m not doing anything until one of these lines gets hit. дальше »

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Here’s Why Ethereum’s Consolidation Could Result in an Explosive Move to $480

Ethereum has been consolidating over the past few days within the $220 region. Although on the surface its price structure seems similar to that of Bitcoin and its peers, it is important to note that it is currently stuck beneath its long-held trading range between $230 and $250. дальше »

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Here’s the “Do or Die” Price That Will Determine Ethereum’s Macro Trend

Ethereum has remained stuck beneath its crucial near-term resistance level at $230 The crypto has been ranging sideways alongside Bitcoin and many of its peers, but it has been unable to remain within its long-held trading range The break below this range appears to be a grim sign for the crypto Where it trends next could largely depend on how it reacts to a crucial level that it is trading 10% above Holding above this […] дальше »

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History Shows That Bitcoin’s Consolidation Phase is Likely to Result in Fireworks

Bitcoin has been caught within a tight trading range between $9,000 and $10,000 for two months now. This trading range is still showing few signs of degrading as buyers continue guarding against a dip below its lower boundary. дальше »

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The Simple Reasons Why Ethereum Could Soon Explode to its $250 Local Highs

Ethereum has been struggling to recapture its long-held position within its trading range between $230 and $250. The token has traded below the lower boundary of this range for the past several days, but bulls are now trying to surmount it. дальше »

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For the first time since 2019, Tezos is at risk of breaking below its 200-day EMA

Tezos, like most other cryptocurrencies, has been caught within the throes of an extended bout of sideways trading as it hovers within the mid-$20 region. The post For the first time since 2019, Tezos is at risk of breaking below its 200-day EMA appeared first on CryptoSlate. дальше »

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Ethereum Entering “New Bull Phase” as Technical Structure Shapes Up

Ethereum is currently on the cusp of breaking back into its long-established trading range between $230 and $250. A recent influx of selling pressure experienced by the cryptocurrency forced its price to break below the lower boundary of this trading range for an extended period of time, with ETH even testing its crucial support at […] дальше »

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Tron Aims to Break Out Above Resistance

The Tron (TRX) price has completed a short-term bullish pattern and is making its third attempt at breaking out above an important resistance area. Current Resistance The TRX price has been following a descending resistance line since February 24, currently trading only slightly below it. дальше »

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Bitcoin Flirts With Key Resistance: Here’s Why 100 SMA Could Spark New Rally

Bitcoin is consolidating above the $9,100 level against the US Dollar. BTC could start a strong increase towards $9,500 as long as it is above the 100 hourly SMA. Bitcoin is currently trading in a contracting range below the $9,300 resistance. дальше »

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Ethereum is “Hinting Danger” as Potential Distribution Pattern Emerges

Ethereum has continued consolidating alongside Bitcoin and the aggregated cryptocurrency market The crypto is flashing some signs of weakness due to its recent break below its over-month-long trading range between $230 and $250. дальше »

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Why Top Traders Expect Bitcoin to Hit $13,000 Despite Short-Term Weakness

Bitcoin appears to be incredibly weak from a short-term perspective. After breaking below $9,000 for a short period earlier this week, the crypto is once again at risk of breaking below the lower boundary of its long-held trading range. дальше »

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Ethereum Struggles to Flip Crucial Trendline as Analysts Eye Move to $120

Ethereum’s price has been sliding lower over the past several days Despite Bitcoin being able to maintain above the lower boundary of its long-held trading range, ETH is now trading firmly below the range it formed over the past several weeks This points to some underlying weakness amongst its buyers which comes as it nears its crucial $220 support level It also just confirmed a “death cross” formation that hasn’t been seen since March. This […] дальше »

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This Trend on Bitfinex Puts Ethereum in a Precarious Position Compared to Bitcoin

Ethereum and Bitcoin have been seeing mixed price action in recent times The weakness seen by these two cryptocurrencies has been mounting over the past few days BTC is struggling to hold above $9,000 as Ethereum trades below its long-established trading range One trend that could have grave impacts for ETH in the near-term is the number of tokens being moved into exchanges – and particularly into Bitfinex This comes as the crypto finds itself […] дальше »

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Ethereum is Showing Early Signs of Macro Weakness; What to Watch For

Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […] дальше »

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The Simple Reasons Why This Trader is Cautious of Ethereum

Ethereum, like Bitcoin, is currently trading at the lower boundary of its long-established trading range The cryptocurrency does appear to be positioned to see a breakdown below this range, but whether or not this takes place will likely depend on Bitcoin One analyst is now growing increasingly cautious on ETH, explaining that massive spikes in miner outflows for the cryptocurrency signal that a large drop could be imminent This also comes as the China-based PlusToken […] дальше »

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Bitcoin Sees Third Lowest Volatility Since The Crypto Bubble First Began

Bitcoin price has been trading sideways for over forty days and counting. The crypto asset has been unable to break above $10,000 or remain below $9,000 for more than a few moments. The sideways action has caused the third-lowest volatile point on record over the last four years. дальше »

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Bitcoin Needs Just 1% Institutional Allocation For A Blast Off To $50,000: Research

After zipping past $9,600 yesterday, the bitcoin bulls seem to have run out of steam as the crypto has dipped to $9,383. 44 at press time. This means that BTC remains stuck within its macro trading range below the psychologically important $10,000 level. дальше »

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Data Shows Recent Bitcoin Difficulty Adjustment May Kickstart New Accumulation Phase

Bitcoin is currently trading just below its most important resistance yet, gearing up for what most crypto analysts expect to be a major move. However, data suggests that sell pressure from miners adjusting to the newly reduced block rewards combined with quiet accumulation may be responsible for the recent sideways price action. Bitcoin Sideways Trading […] дальше »

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Capital Flowing Is Into Small-Caps and DeFi Space as Bitcoin Consolidates

The price of bitcoin consolidated in a narrow range last week but without any catalyst. Today, the leading cryptocurrency is recording some gains of 1.20% while trading above $9,450. Volume is also extremely low across the board, while bitcoin futures having its slowest session since January, ‘real’ spot volume also dropped below $1 billion. Very […] дальше »

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Ripple (XRP) Lack of Bullish Momentum Could Derail Its Recovery To $0.20

Ripple is slowly correcting higher above the $0. 1850 level against the US Dollar. However, XRP price must break the $0. 1880 resistance and the 100 hourly SMA to start a strong upward move. Ripple is still trading in a bearish zone below $0. дальше »

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Why Analysts Expect Bitcoin to Plummet to $7,700 as Technical Strength Degrades

Bitcoin’s consolidation phase is showing few signs of letting up anytime soon. The benchmark crypto is still trading within the lower-$9,000 region, and the support just below its current price level appears to be significant. дальше »

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Ethereum’s Reaction to This Crucial Support Level Will Determine its Fate in 2020

Ethereum has seen some lackluster price action in recent times, largely facing sideways trading similar to that incurred by Bitcoin and the entire crypto market It has posted some signs of weakness throughout the past several hours due to it dipping below its well-established trading range This has led it down to what analysts are describing as a “crucial level,” and its reaction here could determine its fate in the months ahead One venture capitalist […] дальше »

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Here’s the Critical Price Level That May Kick Off Ethereum’s Next Bear Trend

Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many of its other peers, but an overnight dip below this level was quickly absorbed by buyers Analysts are still forecasting […] дальше »

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Bitcoin Glued on $10.5K Retest as Retail Interest Hits Record High

Bitcoin slipped on Wednesday in a choppy trading session that also saw the U. S. stocks heading lower. The cryptocurrency swung above and below $9,500 while briefly crashing to as low as $9,227 on Coinbase exchange. дальше »

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This Silver Fractal Suggests Bitcoin Could Soon See a Parabolic Rally

Bitcoin’s well-established consolidation trend is showing no signs of ending anytime soon, as the crypto is still hovering within the mid-$9,000 region Each attempt to break above or below the upper and lower boundaries of its current trading range have been unsuccessful There is, however, one fractal pattern that bodes well for the crypto’s bulls One analyst is pointing to similarities between previous silver price action and Bitcoin for insights into where the benchmark digital […] дальше »

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“Cracks” Are Forming In Bitcoin’s Uptrend, Yet Investors Aren’t Worried of a Drop

For the umpteenth time in weeks, Bitcoin has bounced after almost breaking below the trading range of the past eight weeks. As of the time of this article’s writing, the leading cryptocurrency trades at $9,500. дальше »

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Bitcoin Pops Up on More QE But No Reason to be Overly Bullish Yet

After falling below $9,000, Bitcoin is back to hovering around $9,500. The leading cryptocurrency has been trading in this range since early May and continues still but on low volume. The Commitment of Traders (COT) report doesn’t paint a good picture with CME Dealers net short, the bias actually increased by 35% last week, the […] дальше »

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Bitcoin struggles to hold ascending triangle pattern

Bitcoin is trading lower after dipping below a critical level, with extended losses potentially... The post Bitcoin struggles to hold ascending triangle pattern appeared first on Coin Journal. дальше »

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Bitcoin futures market notes the lowest trade volume in 2020

Bitcoin was down by 3 percent YTD. The cryptocurrency has so far failed to recuperate from the yearly highs as it continued trading below $9,500. The effects of the recent fall were not only limited tThe post Bitcoin futures market notes the lowest trade volume in 2020 appeared first on AMBCrypto. дальше »

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Bitcoin: Hodlers optimistic amid sell-off concerns

Bitcoin was trading at $9,450, at the time of writing. The king coin's sudden movement contributed to it falling further below as it struggled near a level that had been unseen since the last week of The post Bitcoin: Hodlers optimistic amid sell-off concerns appeared first on AMBCrypto. дальше »

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Amid Heightened Market Volatility, This Metric Shows Bitcoin Is Still Extremely Bullish

Bitcoin continues trading sideways after seeing a wild volatile move yesterday that saw it plunge below $9,300 before going up to $9,429 in less than 5 hours. Ignoring the few volatile moves, Bitcoin is clearly still flat with its trading volume declining every day. дальше »

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Bitcoin Cash analysis: range-bound for below $260

Bitcoin Cash is trading sideways below $260, but a break above this level could...

The post Bitcoin Cash analysis: range-bound for below $260 appeared first on Coin Journal.

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Fund Manager: Crypto Could Soon Rally 4,000% to a $10 Trillion Market Cap

Bitcoin and other top crypto assets are trading far from their all-time highs. According to data from TradingView, BTC is trading more than 50% below its all-time high, while Ethereum is down nearly 85%. дальше »

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For Bitcoin, a local top may be incoming

Despite many attempts to breach the psychological resistance at $10,000, Bitcoin was still trading below the mark, at $9,695, at the time of writing, after slipping by 0. 24% over the past 24-hours. дальше »

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Cryptocurrency News Roundup for June 8, 2020

After a brief dip yesterday, Bitcoin fought back to emerge from the weekend above $9,700. The benchmark crypto dipped 2% in just a few hours to go below $9,470 for the first time since June 1. However, it bounced back and was trading at $9,720 at the time of press. дальше »

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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 »

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Comparing Bitcoin’s Recovery to That of Gold and Oil

Since the March 13 drop, both Gold and Bitcoin have recovered the entirety of their losses and have created new highs. The price of Oil, however, has yet to recover, currently trading 30% below its March high. дальше »

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