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Bitcoin May Start a New Consolidation Trend After Facing Another $12k Rejection

Bitcoin is currently consolidating beneath $12,000 after facing a slight rejection at this level overnight The cryptocurrency has been struggling to break above this resistance for over a week One analyst is now noting that the resistance here may hold strong for the days to come, with BTC now kicking off a new consolidation phase Once the benchmark digital asset can break above this level, analysts are noting that a move to $13,000 will likely […] дальше »

2020-8-11 02:00


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Ethereum Reaches a Turning Point; Here’s What Could Reverse Its Uptrend

Ethereum has been consolidating alongside Bitcoin throughout the past several days, struggling to break above the heavy resistance that has been formed at $400 This consolidation phase has offered little insight into the cryptocurrency’s near-term outlook Analysts are now noting that ETH may be well-positioned to see significant upside in the short-term One trader is noting that there is one level that could invalidate this strength, but it remains unclear as to whether or not […] дальше »

2020-8-11 23:00


Chainlink Flips Bitcoin Volume on Coinbase; How Long Can Its Uptrend Last?

Chainlink has been caught in the throes of an intense bull run throughout the past few weeks The cryptocurrency has been significantly outperforming the aggregated market and has now secured its spot as the sixth-largest digital asset by market capitalization Analysts are now observing that LINK trading volume on Coinbase is far outpacing that of Bitcoin This points to growing interest from traders to gain exposure to the token As for where it may go […] дальше »

2020-8-10 22:00


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Here’s Why Bitcoin Could Crush Altcoins in Coming Weeks

Altcoins have been posting exorbitant gains throughout the past few weeks, severely outperforming Bitcoin and most major digital assets This has come as both Bitcoin and Ethereum find themselves caught in prolonged consolidation phases just beneath their key near-term resistance levels Where they trend next may have heavy influence over the uptrends currently seen by smaller altcoins While speaking about this, one analyst explained that he expects BTC to crush altcoins in the coming weeks […] дальше »

2020-8-10 19:00


XRP is About to See Massive Volatility; Will It Favor Bears?

XRP has been consolidating alongside Bitcoin and Ethereum throughout the past week This has caused it to hover around $0.30 throughout the past several days Although this level was previously strong support, the buying pressure here is showing some signs of degrading as XRP dips below it It may now be prone to seeing further downside as a result of this One analyst is pointing to the formation of a massive pennant as a sign […] дальше »

2020-8-9 22:00


Bitcoin May Consolidate for 2 Weeks Before Seeing “Lift Off”

Bitcoin has been caught within a consolidation phase within the upper-$11,000 region for the past several days and weeks The cryptocurrency has been struggling to break above the heavy resistance that sits between $11,800 and $12,000 for the past several days This comes as investors once again focus their attention on altcoins – many of which have posted massive returns today It now appears that this consolidation phase may persist for a couple more weeks […] дальше »

2020-8-9 19:00


How U.S. Restrictions on Wechat & Other Chinese Brands Could Boost Crypto

The ongoing tensions between the U.S. and China could boost crypto should certain events transpire, say certain investors. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue Ongoing China-US Tensions May Be Able to Boost Crypto: Dovey Wan & Others President Trump announced that U.S. businesses can […] дальше »

2020-8-8 06:00


Analyst: Bitcoin May “Teleport” to $13,000 if It Breaks Key Level

Bitcoin is currently caught in an unwavering consolidation phase within the upper-$11,000 region This is where the cryptocurrency has been trading throughout the past several days Unless buyers step up and shatter the resistance that sits around $12,000, the crypto could be poised to see notable losses One analyst is now noting that he is closely watching the price region between $11,800 and $12,000, as a firm close above this level could lead BTC to […] дальше »

2020-8-8 02:00


XRP May Explode Higher After “Destroying” a Macro Downtrend Line

XRP is currently hovering around the key $0.30 region as its buyers attempt to stop it from breaking below this crucial support level. This slight decline comes as the aggregated crypto market begins facing heightened selling pressure, although it has not been enough to invalidate the market’s macro strength. Analysts are now noting that XRP […] дальше »

2020-8-8 00:00


Bitcoin is Facing “Serious” Bearish Divergences as Analysts Eye Downside

The strong momentum Bitcoin has incurred in recent weeks is now showing some signs of stalling as it struggles to break above $12,000 This signals that the resistance at this level may be insurmountable, and may also be a sign of weakness amongst bulls Analysts are now noting that it has led to a surge in bearish divergences that seem to suggest a retrace is imminent BTC now has multiple key support levels throughout the […] дальше »

2020-8-8 21:00


Here’s Why One Analyst Expects Ethereum to Tap $275 Before Pushing Any Higher

Ethereum has been struggling to break above $400 for the past several days The selling pressure here is quite significant, and a sustained break above this level would be a highly bullish technical development Because ETH has been consolidating just below it throughout the past few days, bulls may be gearing up for a major push higher Despite being technically strong, one analyst is still expecting the cryptocurrency to see another “scam wick” that leads […] дальше »

2020-8-7 23:00


Telegram CEO Blasts Trump’s Plans To Ban TikTok In The U.S. As ‘Killing The Internet’

Russian billionaire, Pavel Durov, released his official note on U.S. President Trump’s latest calls to ban Chinese affiliated social media app, TikTok, from the country. The Telegram CEO says the act of banning the social app, with over 800 million users, will set a precedent that may end up killing the internet. China has been […] дальше »

2020-8-6 15:25


Despite Recent Strength, Ethereum has Yet to Break Above One Critical Level

Ethereum, like Bitcoin, is currently flashing some immense signs of strength as it pushes past $400 The resistance at this price level remains heavy, so buyers must continue propelling the crypto higher in the near-term Where ETH trends next as it hovers around this crucial level may depend on Bitcoin, as it guided the market’s latest movement If Ethereum’s buyers remain strong in the near-term, they may next look to target the crypto’s recent highs […] дальше »

2020-8-6 23:00


Why One Trader Thinks Bitcoin Will See a $1,000+ Plunge Despite Ongoing Upswing

Bitcoin is currently showing intense signs of technical strength as it races towards $12,000 once again despite the recent rejection at this level The cryptocurrency is now well-positioned to see further upside but remains within a short-term consolidation phase until it shatters this level This uptrend may be bolstered by its break above a previously formed trading range within the lower-$11,000 region One analyst still believes that Bitcoin is at risk of seeing a large […] дальше »

2020-8-6 21:00