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Analyst: Ethereum Likely to Plunge to $370 as It Reaches Key Resistance

Ethereum saw a sharp and sudden upswing yesterday that allowed it to post some notable gains The cryptocurrency has now resecured its position within the lower-$400 region, with bulls building major strength following the break above its key resistance level That being said, analysts are still noting that massive resistance that exists right around $408 may prove to be insurmountable in the near-term The selling pressure here may open the gates for ETH to see […] дальше »

2020-8-25 23:00


This Support Could “Launch” Ethereum to $500 as Bulls Slow Its Descent

Ethereum saw a sharp decline throughout the past couple of days that led it to break below $400 The selling pressure driving this movement ramped up overnight, but bulls have since been able to reverse it Analysts are now noting that it may be well-positioned to see further upside in the days and weeks ahead Its positive reaction to one crucial support level is even leading one trader to note that it could soon be […] дальше »

2020-8-22 22:00


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Bitcoin Could See a “Glorious” Bounce Once it Taps This Crucial Level

Bitcoin saw some immense turbulence overnight that caused its price to slide as low as $11,500 This dip was quickly absorbed by buyers, who have since allowed it to reclaim its support at $11,600 The cryptocurrency is now once again consolidating as it hovers within its previous trading range between $11,600 and $12,000 This stability has allowed altcoins to recoup some of their recent losses Analysts are now noting that BTC could be well-positioned to […] дальше »

2020-8-22 19:00


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Every Pension System Should Have 1.5% Of Total Funds In Bitcoin, Says Morgan Creek’s Pompliano

Bitcoin and the S&P 500 Index have gone through a short-lived correlation after the March crisis that saw both the traditional and crypto markets crash to record low levels. However, the correlation started to pull away once the adoption of crypto assets began to spike as both retail and institutional investors started to move funds […] дальше »

2020-8-22 17:03


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Bitcoin’s Current Side Movement Signals An Imminent Breakout As Investors Are Extremely Bullish

Bitcoin has regained over $300 dollars since its massive correction from a high of $12400 to $11500 which saw the coin drop by a thousand dollars. While some analysts predicted a bearish movement that could see Bitcoin drop below $10,000, in the last 24 hours Bitcoin has reached $11,858 a small but significant 1.42% price […] дальше »

2020-8-22 23:39


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Another March-Like Deep Crash in Bitcoin Price ‘Unlikely’ with Selling Pressure Declining

Since hitting a new 2020 high, last seen 13-months back in early July 2019, Bitcoin is back to ranging, currently around $11,700 in line with declining volume. Bitcoin’s failure to sustain above $12,000 level and the latest round of losses has the market worrying about a repeat of the March sell-off that saw the largest […] дальше »

2020-8-20 16:05


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Ethereum Classic Under Close Monitoring for Potential Delisting by Major Crypto Exchanges

Several crypto exchanges are monitoring Ethereum Classic to decide whether to delist the coin after its recent two major 51% attacks that saw the network lose over $5.6 million in double-spending. Both attacks, which took place between July 31 and 6 august saw the hacker make off with 807,260 ETC. The high sophistication level of […] дальше »

2020-8-19 00:22


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Here’s How Low Ethereum May Need to Plunge Before it Can Rally Higher

Ethereum saw a massive price spike yesterday that allowed it to shatter its previous resistance at $400 From here, the cryptocurrency rallied nearly 10% higher until it hit the $430 region, which is where it found some short-term resistance Although being incredibly strong at the present moment, analysts are noting that it may first need to see a deep pullback before its price can push any higher This may lead it as low as $360 […] дальше »

2020-8-15 23:00


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Bitcoin Still On Track To Hit $13,000 This Month As Bulls Set To ‘Teleport’ BTC

Bitcoin continues on its way to a new all-time, however, just days ago, the digital asset had another massive flash crash because of bots selling and longs getting liquidated. Bitcoin is currently trading at $11,870 but was trading above $12,000 for many hours before the flash crash that saw it plummet to $11,450. This crash […] дальше »

2020-8-15 19:56


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It’s a Critical Moment for Ethereum Following Latest Rejection at $400

Ethereum has been struggling to garner any strong momentum over the past week Overnight it saw a sharp influx of buying pressure that sent its price rocketing past $400 for a brief moment This movement was short-lived, however, as the cryptocurrency then posted a strong retrace that sent it reeling back down towards the $380 region Analysts are now noting that it’s a pivotal time for ETH, with a potential decline here having grave long-term […] дальше »

2020-8-13 23:00


Ethereum is at Risk of Losing a Crucial Level Following Yesterday’s Selloff

Ethereum has been closely tracking Bitcoin’s price action in recent weeks, which caused it to see some intense bearishness yesterday The cryptocurrency’s price dove as low as $367 once the selling pressure began peaking From this point, it saw a strong rebound that allowed it to recapture that vast majority of these losses It now appears to be well-positioned to see slightly further near-term upside One analyst believes that this latest dip did put ETH […] дальше »

2020-8-13 23:00


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Bitcoin Bulls Defend Critical Support; Here’s Where it May Go Next

Bitcoin saw a notable drawdown yesterday that came about after bulls once again failed to break the $12,000 resistance level This led BTC to lows of $11,200 that were ardently guarded by its buyers, and it has since bounced slightly The ongoing bounce likely marks bulls attempt to regain control over the digital asset Analysts are noting that it may be well-positioned to see further upside now that it has confirmed the lower-$11,000 region as […] дальше »

2020-8-13 21:00


Bitcoin’s Highest Weekly Close Since Jan 2018 Coincides with Falling Inflow to Exchanges

Yet another weekend that saw Bitcoin jumping the $12,000 level. After breaking the key level of $10,000, now the largest cryptocurrency is working on another important level. Over the weekend, BTC went down to $11,500 only to start gaining momentum towards the end of the day to start yet another bullish week. And #Bitcoin has […] дальше »

2020-8-10 15:59


Bitcoin is Pushing Against a Crucial Level as Chances of an Explosive Rally Grow

Bitcoin and the entire crypto market saw a strong afternoon yesterday. This allowed BTC to push up towards $11,800 The cryptocurrency is now caught within what will likely be a short-term consolidation phase at just under $12,000 Whether or not it can surmount this crucial resistance today will help offer insights into its short-term outlook One analyst explained in a recent tweet that yesterday’s daily close does seem to indicate that a break above this […] дальше »

2020-8-7 21:00