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Bitcoin Network Momentum Suffers from Era of Layer 2 Dominance

Bitcoin’s fundamental outlook has been growing by leaps and bounds throughout the past year, with the vast majority of on-chain metrics pointing to mounting underlying strength. One such metric, however, that has not shown any signs of intense strength is the cryptocurrency’s network momentum, which has remained stagnant throughout the past few days and weeks. […] дальше »

2020-10-9 05:00


Major XRP Price Rebound Expected as Ripple Plans Relocation

XRP is giving signs of a significant price rebound as its backer, Ripple Labs, said that it plans to move out of the US. The San Francisco-based blockchain company iterated via its co-founder Chris Larsen that it may shift to a crypto-friendly country – the UK, Switzerland, Japan, or Singapore – because of America’s enforcement-focused […] дальше »

2020-10-9 16:00


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Ethereum to Hit $240 as Analysts Claim Market Structure Looks “Abysmal”

Ethereum’s price action has been strikingly similar to that of Bitcoin, and the crypto has been unable to garner any independent momentum This has led ETH to consolidate between $340 and $360 throughout the past couple of days Its reaction to any signs of weakness from BTC has been quite pronounced, which could mean that it will see an extreme reaction to any Bitcoin downturn Analysts are now noting that Ethereum’s market structure looks “abysmal” […] дальше »

2020-10-8 23:00


DASH Fails to Confirm Bullish Trend Despite Breakout

The DASH (DASH) price has been decreasing since reaching a high of $106.36 on Aug 8. While there are some bullish reversal signs present, the upward trend is not yet confirmed. DASH Long-Term Levels The DASH price has broken out from a long-term descending resistance line which had been in place since May 2019 and […] The post DASH Fails to Confirm Bullish Trend Despite Breakout appeared first on BeInCrypto. дальше »

2020-9-30 13:17


Bitcoin Decouples from Gold, Stocks after Overnight Sell-Off, What’s Next?

Bitcoin did its own thing during the late Monday trading session. The benchmark cryptocurrency plunged suddenly towards $10,600 after maintaining intraday gains above the $10,800-support all day. The sell-off appeared despite a healthier macroeconomic outlook led by signs of progress in the release of the second COVID-19 stimulus package. дальше »

2020-9-29 08:14


Ethereum’s “Resilience” Suggests That a Massive Move Higher is Brewing

Bitcoin has been guiding the entire market higher, which has provided a tailwind for Ethereum that has lifted it higher as well The cryptocurrency is now pushing towards its high time frame resistance zone between $380 and $400 How it responds to this level – should it be tested in the near-term – will offer insights into its outlook One analyst is noting that ETH is showing some positive signs of resilience following its recent […] дальше »

2020-9-29 23:00


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Ethereum has Yet to Reach a Critical Support Zone; Will It Tap $300?

Ethereum’s price action has been nearly identical to that of Bitcoin throughout the past couple of days This caused the crypto to dip as low as $318 yesterday, at which point buyers stepped up and catalyzed from strong momentum This pushed the cryptocurrency up to highs of $340, which is where it found some resistance ETH is now caught within a bout of sideways trading, and its price is offering few signs of clarity to […] дальше »

2020-9-25 00:00


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Ethereum Weakens as Analysts Eye Possibility of Major Downside

Ethereum is showing some signs of weakness as its price trades below $380 Breaking above this level was a significant technical development that caused many analysts and traders to flip bullish on the crypto As its weekly candle close fast approaches, however, bears seem to be regaining control over its near-term outlook There’s a high probability that this will cause it to see further near-term downside, potentially striking a blow to its macro market structure […] дальше »

2020-9-21 22:00