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Cryptocurrency News Roundup for May 13, 2020
Following a low-key third halving (in terms of price), Bitcoin was maintaining a sort of quasi-stability in the high-$8,000s for nearly two days. On Wednesday, however, things started pacing up once again as the benchmark cryptocurrency crossed the psychological barrier at $9,000 and then went straight past the resistance at $9,200. дальше »
2020-5-14 12:20 | |
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Ripple (XRP) Follows Bitcoin’s Rise But $0.21 Shows Bearish Case Remains Intact
Ripple traded higher and broke the $0. 2000 resistance following bitcoin price rise against the US Dollar. However, XRP is still facing many hurdles near $0. 2100 and $0. 2200. Ripple is trading higher and it managed to clear the $0. дальше »
2020-5-14 08:58 | |
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Technicals Suggest Ethereum Needs To Clear $205 For Hopes of a Fresh Rally
Ethereum is slowly rising and it recently broke the $192 resistance against the US Dollar. ETH price must gain bullish momentum above $205 to start a strong rally towards $220 or $230. Ethereum is moving into a positive zone, with a close above the $192 resistance. дальше »
2020-5-14 07:48 | |
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Two Key Metrics Suggest Bitcoin Price Is Back on the Path to $10,000
Surging trading volume and a push above a key resistance hint that Bitcoin price is back en route to $10,000.
дальше »2020-5-14 07:23 | |
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Bitcoin Smashes Heavy Resistance: Here’s What Could Propel It To $10,000
Bitcoin broke a major resistance zone near $9,000 and $9,100 against the US Dollar. BTC price is gaining momentum and it could soon climb above $9,500 and test $10,000. Bitcoin started a strong rise and broke the key $9,100 resistance zone. дальше »
2020-5-14 06:28 | |
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Bitcoin Just Established a Foothold Above $9,000: Here’s What May Come Next
In the three days after Bitcoin plunged 15% in an hour from $9,700 to $8,100, the cryptocurrency was stuck in a holding pattern, trading between $8,100 and $8,800. But just today, BTC finally broke out, passing the key psychological resistance of $9,000 as buyers entered the market. дальше »
2020-5-14 02:29 | |
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Bitcoin Continues Flooding Out of Exchanges as Number of Long-Term Investors Grows
The bull-case for Bitcoin continues growing stronger by the day. The benchmark cryptocurrency has been able to move above the $9,000 resistance level that was previously hampering its price action. дальше »
2020-5-14 01:00 | |
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Why Bitcoin Breaking Past $9,000 Is Just the Start of a Booming Bull Trend
Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback. The comeback culminated in a surge past the key $9,000 resistance on Wednesday, seen on the right-hand side of the chart below. дальше »
2020-5-14 22:32 | |
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These 3 Coins Have Broken Out Above Crucial Moving Averages
Over the past five days, Ziliqa (ZIL) has increased by 50%. This upward move began as soon as the price moved above its 200-day moving average (MA). The 200-day MA often acts as support/resistance, depending on if the price is trading above or below it. дальше »
2020-5-14 22:15 | |
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Has Trump Triggered Bitcoin’s Push For $10K After Negative Interest Rates Proposal?
Bitcoin has in the last 24 hours broken out of a three-day bear trend. The move sees the digital asset climb above $8,900 as it grips $9K. Most analysts are keen on the $9,500 position. As investors continue to look up to the most sought position, $10,000, analysts are aware that the $9,500 resistance will […] дальше »
2020-5-14 16:42 | |
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Will Bitcoin Move Above $9,000 Once More?
On May 11, Bitcoin’s attempt at moving higher was rejected by the $9,150 resistance level. However, the price has reversed its trend once more and is in the process of making another attempt at breaking this resistance area. дальше »
2020-5-13 14:10 | |
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Ripple (XRP) Could Narrowly Avoid Major Downtrend If It Closes Above $0.20
Ripple remained strong above $0. 1900 and $0. 1920 against the US Dollar. However, XRP must surpass the $0. 2000 and $0. 2050 resistance levels to gain bullish momentum in the near term. Ripple is slowly moving higher and it is trading above the $0. дальше »
2020-5-13 08:58 | |
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Ethereum Just Broke $190 and Its Primed To Test $205: Here’s Why
Ethereum is gaining bullish momentum above $190 against the US Dollar. It seems like ETH price is preparing for more gains towards the $200 and $205 resistance levels in the near term. Ethereum is showing positive signs above the $188 and $190 levels. дальше »
2020-5-13 07:38 | |
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Ethereum (ETH) Price Analysis (May 13)
• The price is currently recovering and showing positive signs above $185. • Ethereum is well on its way to resistance in the medium-term ETH/USD Medium-term Trend: Bullish Key levels• Resistance levels : $260, $270, $280• Support levels: $85, $75, $65 ETHUSD is in a bullish trend market zone in its medium-term chart outlook.After retesting […] дальше »
2020-5-13 07:34 | |
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Litecoin (LTC) Price Analysis (May 13)
• Litecoin makes a comeback but faces rejection at $47 resistance.• The crypto slips beneath 50-EMA as bears took to gain market momentum within the range. LTC/USD Medium-term Trend: Ranging Key levels• Resistance levels : $70, $80, $90• Support levels: $20, $10, $9Litecoin remains in a range-bound market in its medium-term outlook. The bulls manage […] дальше »
2020-5-13 06:08 | |
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Ethereum (ETH) Price Analysis (May 12)
• Ethereum price stays above the EMA-50 as bulls took to gain market momentum in the medium-term. • The market is going in favor of the bulls at the present in the short-term. ETH/USD Medium-term Trend: Bullish Key levels• Resistance levels : $260, $270, $280• Support levels: $85, $75, $65 ETHUSD is in an uptrend […] дальше »
2020-5-12 14:07 | |
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Ripple (XRP) Signaling Bearish Continuation Until Bulls Overpower $0.20
Ripple traded to a new weekly low at $0. 1849 and currently correcting higher against the US Dollar. XRP is likely to face a major resistance near the $0. 2000 and $0. 2050 levels. Ripple is showing signs of an upside correction from the $0. дальше »
2020-5-12 09:08 | |
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Litecoin (LTC) Price Analysis (May 12)
• LTCUSD- a break-up or break-down is imminent. • Bulls are showing up again in a grand style in the short-term. LTC/USD Medium-term Trend: Ranging • Resistance Levels : $70, $80, $90• Support Levels: $20, $15, $5 Litecoin is ranging in its medium-term outlook. дальше »
2020-5-12 08:32 | |
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Ethereum Topside Bias Vulnerable Unless It Surges Past 100 SMA
Ethereum is showing signs of an upside correction from the $176 low against the US Dollar. However, ETH price is likely to face a major resistance near $195 and the 100 hourly SMA. Ethereum extended its decline and traded to a new weekly low at $176. дальше »
2020-5-12 07:58 | |
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Technicals Suggest Bitcoin Needs To Clear $9,100 For Hopes of a Fresh Rally
Bitcoin jumped above the $8,800 and $9,000 resistance levels against the US Dollar. However, BTC is facing a major hurdle at $9,100, above which it could rally sharply. Bitcoin is currently consolidating in a broad range below the $9,000 and $9,100 levels. дальше »
2020-5-12 06:58 | |
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Ethereum Sees Strong Resistance After Setback; Is a Return to $200 Possible In The Short-term?
The crypto market is easily swiped by bearish pressure due to the high number of speculators and nervous investors. When digital assets turn red, they can easily go on freefall. Unfortunately, the same cannot be said about gaining. дальше »
2020-5-12 16:18 | |
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Dash Price Analysis (May 10)
DASH/USD Medium-term Trend: Ranging • The Medium-term and the short-term outlook continues in a range-bound market.• The bears remained in control of the market within the range Key levels • Resistance levels : $140, $150, $160• Support levels: $35, $25, $15 DASHUSD remains in a range-bound market in its medium-term outlook. The bears retain the […] дальше »
2020-5-10 15:05 | |
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Stellar (XLM) Price Analysis (May 10)
• XLMUSD is facing more pressure from the bears. • The market is falling hard as Stellar slopes below $0. 07 leading to a market selloff. XLM/USD Medium-term Trend: Bullish Key levels• Resistance Levels: $0. дальше »
2020-5-10 13:31 | |
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CME Open Interest Makes a New ATH while BitMEX Gets Rekt, What’s Next for Bitcoin?
Bitcoin’s price has reiterated a bit to $9,500 but is still looking extremely strong, recording eight weeks of price gains in a row not seen since early 2017. It needs to be seen if the price can push above the resistance level around $10,500 with halving next week. дальше »
2020-5-10 19:30 | |
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Bitcoin Confirms Elusive “Golden Cross” Pattern as Large Buyers Step Up
Bitcoin saw an overnight decline that has caused it to further extend the bout of consolidation that it has been caught within in the time following its sharp rise to $10,000 This latest movement seems to suggest that there is in fact heavy resistance within the lower-$10,000 region Although its inability to gain a solid foothold within this region does seem to be overtly bearish, the crypto was able to form an elusive “golden cross” […] дальше »
2020-5-10 19:00 | |
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TRON (TRX) Price Analysis (May 9)
• Tron is facing an increase in buying pressure and may continue in the same direction if it breaks $0. 025. • Overall market sentiment regarding the crypto remains bullish. TRX/USD Medium-term Trend: Bullish Key levels • Resistance levels : $0. дальше »
2020-5-9 12:27 | |
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Has Bitcoin Begun a Bullish Trend or Is It Still Correcting?
The Bitcoin price might have broken out above a long-term resistance line, initiating a new bullish trend. The price movement for the next 2-3 days will be crucial in determining if the breakout is legitimate. дальше »
2020-5-9 08:15 | |
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These 4 Trends Suggest Bitcoin Will Rocket Higher Towards $15,000: Fundstrat
Since the $3,700 lows, Bitcoin has roared higher, crossing above resistance after resistance in succession. Just recently, BTC tapped $10,000. Although impressive, a top analyst expects for the cryptocurrency to head even higher, citing three “solid” tailwinds for this market. дальше »
2020-5-9 07:00 | |
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Cardano (ADA) Price Analysis (May 9)
• Cardano is going in favor of the bulls now, prices are trading above EMA-50• Staying above EMA-50 can lead to strong growth for ADAUSD. ADA/USD Medium-term Trend: Bullish Key levels • Resistance levels : $0. дальше »
2020-5-9 04:36 | |
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Bitcoin is About to Start a Fresh Macro Bull Cycle Once It Captures Key Level
Bitcoin has been able to maintain the bulk of the gains that came about during yesterday’s intense upswing Buyers are still struggling to firmly surmount the key $10,000 region, however, as it appears that bears have established heavy resistance here The cryptocurrency could still be on the cusp of entering a macro bull-cycle, and one analyst is noting that the key level that needs to be shattered exists just above BTC’s current price Bitcoin has […] дальше »
2020-5-9 21:00 | |
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Ethereum (ETH) Price Analysis (May 8)
• The Medium-term and the short-term are both in upward momentum, price now trades above the EMAs. • Overall the bull seems to be in control above $215. ETH/USD Medium-term Trend: Bullish Key levels• Resistance levels : $220, $240, $260• Support levels: $145, $135, $125 The cryptocurrency looks tasty for the bulls as it is […] дальше »
2020-5-8 13:26 | |
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Bitcoin smashes $10k resistance barrier ahead of halving
Bitcoin (BTC) has smashed another psychological level as the price rallies to $10,000 and a billionaire investor claims the digital asset is the best bet against inflation This price action is the first time in over two months the bulls have managed to push prices above this key threshold. дальше »
2020-5-8 12:33 | |
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Bitcoin Briefly Moves Above $10,000 – What’s Next?
On May 7, the Bitcoin price created a bullish engulfing candlestick, increasing by more than $1,000 throughout the day. This caused the price to move above a descending resistance line that had been in place since December 2017. дальше »
2020-5-8 12:20 | |
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Litecoin (LTC) Price Analysis (May 8)
• LTCUSD remains in a range-bound market in the medium-term outlook and looks bullish in its short-term outlook.• The bulls are dominant in the market at the present. LTC/USD Medium-term Trend: Ranging • Resistance Levels : $70, $80, $90• Support Levels: $20, $10, $5 LTCUSD on the daily chart remains in a range-bound market undeniably. […] дальше »
2020-5-8 07:59 | |
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Ethereum Holds Strong Above $200, Can ETH Follow Bitcoin’s Rise
Ethereum is up around 2% and it broke the key $210 resistance against the US Dollar. ETH price is showing positive signs and it could rise further, similar to bitcoin. Ethereum is slowly moving into a bullish zone above the $210 pivot level. дальше »
2020-5-8 07:38 | |
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Bitcoin Primed To Test $10,500 as Bulls Take Over Crypto Market
Bitcoin is up more than 7% and it broke the $10,000 resistance against the US Dollar. BTC is showing many bullish signs on the daily chart and it is likely to test $10,500. Bitcoin is gaining bullish momentum and it recently spiked above $10,000. дальше »
2020-5-8 06:28 | |
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Bitcoin Just Surged to $10,000: Here’s What Analysts Think Comes Next
Just hours after our last market update, Bitcoin has topped $10,000. This is the first time the cryptocurrency has done this in over seven weeks. After holding $9,400 for all of Wednesday, the cryptocurrency surged higher over the past few hours, passing resistance after resistance in the $9,000s, culminating in the surge past $10,000 just... дальше »
2020-5-8 02:28 | |
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Here’s How Bitcoin Could Force Altcoins to Set “Major Lows”
Bitcoin has posted a notable upswing today that has allowed it to approach its next key resistance level at $9,500 The cryptocurrency’s intense uptrend is showing no signs of slowing down as it continues gaining dominance over the entire market Some analysts are now noting that altcoins could be positioned to see some serious losses in the weeks ahead as they all decline against their BTC trading pairs The aggregated cryptocurrency market has continued declining […] дальше »
2020-5-8 02:00 | |
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Ethereum Narrowly Avoids a Bloodbath as Bulls Struggle to Defend Critical Support
Ethereum saw a sharp overnight selloff that caused it to briefly dip into the sub-$200 level, putting it at grave risk of seeing a capitulatory decline Buyers were able to guard against this, however, and subsequently propelled the cryptocurrency back into the $200 region It now appears that ETH could still be at risk of seeing significant near-term downside, however, as a failure for it to surmount a resistance level it is currently stuck below […] дальше »
2020-5-8 23:00 | |
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It’s a Critical Moment for Bitcoin as Analysts Eye a Move to $14,000
Bitcoin saw some notable overnight volatility that caused it to post an upswing followed by a swift rejection, before once again climbing higher The benchmark cryptocurrency is now moving to test its next key resistance that sits at roughly $9,500 Analysts are now noting that a clean break throughout a heavy overhead supply region just above BTC’s current price could be just what it needs to make a move up to $14,000 Bitcoin’s intense uptrend […] дальше »
2020-5-7 21:00 | |
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Can Bitcoin Break Out Above this Long-Term Resistance Line?
The Bitcoin price has reached an important resistance line which has been in place since the price reached an all-time high in December 2017. Well-known trader @PostyXBT tweeted a Bitcoin price chart that shows that the price is trading at a very critical resistance level. дальше »
2020-5-7 20:18 | |
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Analysis of Bitcoin addresses shows that BTC is about to tap a massive resistance region
Bitcoin saw a notable overnight upswing that allowed it to rally past the heavy resistance that had previously been established around $9,200. The break above this level has led investors to become increasingly bullish as it grows ever more likely that BTC is about to start forming another leg up. дальше »
2020-5-7 19:00 | |
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Bitcoin Faces Massive Resistance: 1.2 Million Addresses Bought BTC at $9,600
As Bitcoin’s halving approaches, market participants appear to have mixed feelings about where the flagship cryptocurrency is headed next. Some of the most prominent analysts in the industry believe that BTC is poised to correct. дальше »
2020-5-7 18:24 | |
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Bitcoin Price Hits Resistance After Surge to $9.6K — Is $10K Next?
A fresh bullish uptick in Thursday trading sees BTC/USD retake $9,500 for the first time in over two months.
дальше »2020-5-7 16:38 | |
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Analyst: Bitcoin (BTC) Will Explode To $100,000 And ‘There’s Nothing You Can Do About It’
Bitcoin’s latest rally is breathing new life into proponents’ overall outlook. The crypto-asset has firmly surmounted resistance level after resistance level, recently breaching $9,300. As the halving draws closer, bulls are making their prognostications about where they expect the bitcoin price to go in the coming months. дальше »
2020-5-7 16:22 | |
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Why Analyst That Called Bitcoin’s $3,200 Bottom Expects a “Face-Melting” Move
After a multi-day consolidation around $9,000, Bitcoin is finally breaking out again. Thursday morning saw the cryptocurrency hit $9,400, revisiting the highs of last week as bulls step in. While the ever-important $9,400-9,500 zone has held as macro resistance yet again, the asset is coiling for a breakout. And according to a top analyst, one... дальше »
2020-5-7 14:00 | |
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Ethereum (ETH) Price Analysis (May 7)
• The crypto seems to be facing more pressure from the bears. • Price trades below $205 and might slide further below $80. ETH/USD Medium-term Trend: Bullish Key levels• Resistance levels : $260, $270, $280• Support levels: $85, $75, $65 The momentum on the medium-term outlook is an uptrend as can be seen undeniably from […] дальше »
2020-5-7 12:19 | |
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Bitcoin Makes Another Attempt at Moving Above $9,300
The Bitcoin price has broken out from a short-term descending resistance line but still has yet to move above its April 30 high. On May 6, the Bitcoin price broke out from a short-term descending resistance line. дальше »
2020-5-7 12:05 | |
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