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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


Crypto Analyst: Bitcoin Price Stuck Between Converging Moving Averages Until Mid-Year

Traders, investors, and analysts are all watching Bitcoin price charts in hopes to better predict when the current crypto bear market ends and a new uptrend will resume. One particular crypto analyst believes that the Bitcoin price will continue to be squeezed tightly together until at least mid-year, as it consolidates between two important converging. дальше »

2019-2-16 23:00


Ripple’s XRP Falls to Third Largest Cryptocurrency After Ethereum’s Outperformance

XRP / USD Daily Chart: Ripple’s XRP has moved down in the cryptocurrency rankings as Ethereum’s cryptocurrency ether reclaims the position of the largest altcoin by market cap. While XRP had strongly outperformed ether during declining market conditions, ether has been recording extremely bullish movements trading in a steep uptrend. дальше »

2019-1-2 18:49