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Analysts Eye Multi-Month Bitcoin Accumulation Phase as Bears Weaken

Bitcoin is flashing immense signs of strength today, with its rebound from yesterday’s decline to $14,400 being an impressive display of bulls’ current control of the asset This rebound has significantly bolstered its technical outlook and only further confirms what many have already suspected – dips are for buying in this market environment One analyst is now noting that Bitcoin could soon start an accumulation phase before it can make a bid at setting fresh […] дальше »

2020-11-9 01:00


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Miners’ Influence Over Bitcoin Price Drops Alarmingly – What’s Next?

The price point of Bitcoin is influenced by different fundamental factors and miners’ effect on the price of Bitcoin has begun to slowly diminish, according to new research. Coinmetrics, the on-chain analytics website behind the research observed that despite miners accumulating additional thousands in their annual Bitcoin earnings, their level of control and influence on […] дальше »

2020-11-7 20:44


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Analyst Who Called Ethereum’s Parabolic Breakout Says XRP is Next

XRP’s price action has been rather lackluster as of late, with buyers and sellers remaining deadlocked as they struggle to gain control of the cryptocurrency’s near-term trend. This lack of momentum isn’t new for XRP, as the token has been stuck within a macro consolidation phase throughout the past few years against both its USD […] дальше »

2020-10-25 04:00


Bitcoin Creates Strong Tailwind as Traders Rotate Capital into Altcoins

Bitcoin’s price has begun consolidating following its immense surge seen throughout the past 48 hours Yesterday afternoon, it rallied as high as $13,200 before it found any strong resistance that forced it lower Unlike the trend seen during fleeting upsurges, Bitcoin did not retrace that far into its recent rally following the rejection at these highs This indicates that bulls are in control of the asset at the moment and may indicate that further upside […] дальше »

2020-10-23 02:00


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Do or Die: Ethereum Tests Critical Support Region as Bears Try to Regain Control

Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […] дальше »

2020-10-18 22:00


Despite Short-Term Outlook, Yearn.finance’s (YFI) Macro Prospects are Ultra Bullish

Yearn.finance’s short-term outlook has been grave, with bears being in full control of its price action as buying pressure begins drying up. The cryptocurrency’s recent descent has come about due to a myriad of different factors, including heightened founder risk, a fractured community, as well as the overall downturn in the DeFi sector. Additionally, relatively […] дальше »

2020-10-17 00:00


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Bitcoin’s Volume Profile: Move Past $12,000 Will Ignite Bull Run to $16,500

Bitcoin’s price action has grown stagnant over the past few days and weeks, with the cryptocurrency struggling to gain momentum as bulls and bears battle for control of its near-term trend. Last week, the benchmark digital asset incurred some serious momentum after news broke regarding Square’s acquisition of $50 million worth of BTC. This news […] дальше »

2020-10-14 00:00


Ethereum is About to Rocket Higher as Bulls Break Multiple Key Levels

Ethereum’s price has been moving in lockstep with Bitcoin’s throughout the past few days Although this previously caused it to see a prolonged period of boring and lackluster price action, it eventually worked in ETH’s favor The cryptocurrency is now rallying higher and approaching its crucial $380 resistance as buyers take full control of its short-term price action The ongoing upswing is significant, as it has allowed both ETH and BTC to shatter the selling […] дальше »

2020-10-11 22:00


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Yearn.finance (YFI) Rallies After Tapping Bedrock Support Level; What to Expect Next

Yearn.finance’s YFI token saw another capitulatory decline yesterday that sent its price reeling down to lows of $12,300. At this point, its price was able to find some serious support that slowed its ascent and helped it rally higher, with bulls now moving the retake control of its short-term outlook. Its ongoing rebound is coming […] дальше »

2020-10-9 00:00


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Ethereum’s Near-Term Fate May Rely on This One Surprising News Event

Ethereum’s mid-term outlook has been foggy over the past few days and weeks, with buyers and sellers being unable to gain control of its trend The cryptocurrency is still trading squarely between $340 and $350, with it facing some heightened selling pressure earlier on in the day This selling pressure caused it to dip from highs of $355 to lows of $345 It remains unclear as to what may have caused this to occur One […] дальше »

2020-10-7 23:00