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This Indicator Suggests Bitcoin is Slowly Reaching Overheated Levels as Rally Slows
Bitcoin and the entire cryptocurrency market have been caught within a firm uptrend as of late, but it has transformed into consolidation throughout the past couple of days BTC and its smaller counterparts are all trading sideways, with bears trying to gain an edge over bulls as they slowly push the cryptocurrency lower Where the market trends in the near-term should depend largely, if not entirely, on whether or not BTC can surmount $40,000 once […] дальше »
2021-1-10 22:00 | |
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Ethereum’s Fundamental Strength is Growing as Key Metric Points to Upside
Ethereum and the entire crypto market are currently consolidating following yesterday’s breakout rally This rally came about following Bitcoin move to its $19,400 resistance, which is a level that it has yet to surmount decisively Until BTC can break above this level, the rest of the crypto market will likely struggle to gain any immense momentum One analytics firm is now noting that Ethereum’s mid-term trend may be boosted by growing underlying strength They note […] дальше »
2020-12-15 23:00 | |
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Bitcoin Bulls Defend $17,700, But BTC Still Faces Dangerously Strong Resistance
Bitcoin has faced some intense selling pressure over the past few days, with the response to its recent break below $19,000 being quite bearish This validates the notion that this is a crucial level that the crypto much firmly surmount and flip into support if it is to see any further upside One trader is now noting that, while BTC did rebound off of its key support in the upper-$17,000 region, it still faces multiple […] дальше »
2020-12-10 21:00 | |
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Despite Ethereum’s Breakdown, a Massive Rally Could be Right Around the Corner
Ethereum has been closely tracking Bitcoin’s price action over the past couple of weeks, which has opened the gates for it to see some serious weakness Where it trends in the mid-term will depend largely on whether or not bulls can eventually surmount $600 This has proven to be a crucial price region for ETH, and its sustained bout of trading beneath it may strike a serious blow to bulls One trader is now noting […] дальше »
2020-12-9 23:00 | |
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XRP Begins Breaking Down as Technical Weakness Weighs Heavy
XRP has been flashing some signs of weakness throughout the past few days and weeks, with the selling pressure seen around the mid-$0. 60 region proving to be too significant for the cryptocurrency to surmount. дальше »
2020-12-7 22:41 | |
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Compound price analysis: rejection at $140 could trigger 20% pullback
Compound (COMP) bulls need to surmount seller congestion around $140 to maintain the upward… The post Compound price analysis: rejection at $140 could trigger 20% pullback appeared first on Coin Journal. дальше »
2020-12-5 14:22 | |
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Analyst: Bitcoin is Forming a Grave Bearish Divergence on Its Macro Chart
Bitcoin has been struggling to hold above $19,000 following its latest rejection around its all-time highs The selling pressure at this level has proven to be quite intense, and it remains unclear as to when bulls will be able to surmount it For this region to be broken, Bitcoin’s buyers will first have to show some greater signs of strength, as they are currently struggling to hold the crypto above $19,000 A continued bout of […] дальше »
2020-12-3 02:00 | |
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There Have Never Been This Many Ethereum Long Positions on Bitfinex
Ethereum has been mirroring the price action seen by Bitcoin throughout the past few days and weeks This has mainly worked in its favor, but BTC’s immense momentum has not been enough to pull ETH past its crucial $500 resistance level The selling pressure here is quite significant, and whether or not the cryptocurrency can surmount this should shine some light into its near-term trend It is important to note that Ethereum has reclaimed a […] дальше »
2020-11-21 23:00 | |
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XRP Just Tapped a Pivotal Level; Could It Soon Reverse Its Underperformance?
The altcoin market has seen such a strong rebound today that even XRP has posted some gains. Despite seeing a slight climb today, the cryptocurrency remains trapped within the range it has been caught within throughout the past few months and years, with buyers unable to surmount the lower-$0. дальше »
2020-11-7 02:00 | |
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Exchange Inflows from Bitcoin Whales Spike as Analysts Expect Selloff
Bitcoin has been expressing tremendous strength throughout the past few days, with its price seeing an unrelenting uptrend that has allowed it to surmount multiple strong resistance levels and flip them into support. дальше »
2020-10-22 19:00 | |
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Ethereum Remains Strong So Long as It Defends One Critical Level
Ethereum and the entire cryptocurrency market are currently caught within a consolidation phase This has come about due to Bitcoin’s tight bout of trading between $11,400 and $11,600 ETH is trading above a critical level that it was previously struggling to surmount This is a bullish sign that indicates it may be well-positioned for a strong move higher in the near-term That being said, one analyst believes that ETH’s price could drift significantly lower while […] дальше »
2020-10-15 23:00 | |
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Polkadot, Dash, Tron Price Analysis: 30 September
Polkadot could face significant levels of resistance in the coming trading sessions that might prove too strong for DOT to surmount. Dash was unable to flip a level of resistance and was likely headedThe post Polkadot, Dash, Tron Price Analysis: 30 September appeared first on AMBCrypto. дальше »
2020-9-30 16:00 | |
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Ethereum is at a Pivotal Point; Here are the Key Levels to Watch
Ethereum’s price has remained stagnant as the cryptocurrency trades at the lower end of its key resistance region between $380 and $400 The cryptocurrency has been unable to garner any sustainable buying pressure as it trades around this price region It does appear that ETH is waiting for guidance from Bitcoin before it makes a big move, and BTC is currently caught within a consolidation phase as it struggles to surmount the lower-$11,000 region One […] дальше »
2020-9-20 22:00 | |
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The Stars are Aligning for Bitcoin as It Begins Forming an Ideal “Long Setup”
Bitcoin is currently bucking the market-wide downtrend and climbing higher, expressing immense signs of strength as it nears $11,000 It is important to note that there is some resistance within the lower-$11,000 region that it must surmount for it to see further upside One factor that may be driving its ongoing upswing is the flight to quality seen amongst traders It appears that investors are fleeing smaller altcoins and more speculative tokens in favor of […] дальше »
2020-9-17 02:00 | |
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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300
Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […] дальше »
2020-9-16 23:00 | |
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Ethereum Struggles to Reclaim $400, But Bulls May Be Building Up Strength
Ethereum has seen some mixed price action throughout the past 24-hours Despite diving as low as $375 at one point yesterday, the cryptocurrency was able to post a massive rebound that allowed it to climb back up towards $400 It has been consolidating ever since, being unable to firmly surmount this level – signaling that there is some resistance here One trader is noting that although it has shown some signs of weakness, it still […] дальше »
2020-9-5 23:00 | |
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Chainlink, Monero, Stellar Lumens Price Analysis: 2 September
Bitcoin rose from $11,200 a few days ago to trade at $12,000 just a few hours before press-time. However, the resistance again proved too strong for Bitcoin to surmount at present. This rejection can The post Chainlink, Monero, Stellar Lumens Price Analysis: 2 September appeared first on AMBCrypto. дальше »
2020-9-2 22:00 | |
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Bitcoin Shows Signs of Strength, But These Factors May Bolster Bears
Bitcoin is currently attempting to break above $12,000, with the cryptocurrency rallying towards this level as Ethereum sets fresh 2020 highs at $475 BTC’s current strength has yet to lift it past the key resistance it faces in the near-term at this level A failure to surmount it would be grim for its near-term outlook, and potentially spell serious trouble for where it goes next One analyst believes that there are a few factors that […] дальше »
2020-9-2 02:00 | |
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Here’s Why Chainlink (LINK) Could Soon See a Striking Reversal
Chainlink has been one of the best performing cryptocurrencies of recent memory. The asset is up approximately 75% in the past month, outperforming Bitcoin by many percentage points. The asset found a high last week at $20; it has since failed to surmount that level. дальше »
2020-8-18 15:00 | |
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Bitcoin Bulls Fight for Key Resistance as Analysts Target Rally to $14k
Bitcoin has witnessed some immense turbulence throughout the past few weeks, but has mostly been seeing a consolidation phase throughout the past several days The cryptocurrency is now battling to surmount $12,000 – a resistance level formed just over one week ago This level has been briefly surmounted on multiple occasions, but each time has been followed by an influx of selling pressure that sends it lower The cryptocurrency is now at a pivotal point, […] дальше »
2020-8-11 21:00 | |
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Here’s Why a Wall Street Vet Says “Everything” Is an Inferior Trade to Bitcoin
Bitcoin has faltered over the past few days, failing to surmount $12,000 yet again. The asset trades at $11,750 as of the time of this article’s writing. Despite the pause in the uptrend that persisted all of last week, analysts remain bullish from a long-term stance. дальше »
2020-8-9 07:00 | |
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BitMEX Leaderboard Trader Fears Bitcoin Could See a Second “Flash Dump”
Bitcoin has slid lower over the past 24 hours as the cryptocurrency failed to surmount $12,000 in the latest leg higher. As of the time of this article’s writing, BTC trades for $11,600 — 5% shy of the local highs. дальше »
2020-8-8 04:00 | |
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Will a Massive Bitcoin Accumulation Trend be Enough to Propel It Further?
Bitcoin is currently in the throes of a boring consolidation phase within the upper-$11,000 region. This comes as the cryptocurrency struggles to surmount the resistance that sits at $12,000. It is important to note that the growth its price has seen in recent times appears to be far more organic than those seen in previous […] дальше »
2020-8-8 19:00 | |
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Analyst: XRP May Crater to $0.21 Before Strong Uptrend Can Extend
XRP has found itself caught within a consolidation phase throughout the past few days as it trades just above $0. 30. The cryptocurrency has been unable to surmount the heavy resistance it faces between $0. дальше »
2020-8-7 02:00 | |
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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 | |
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Analyst: Closing Above This Crucial Level Could Catapult Bitcoin to New Highs
Bitcoin appears to have entered a clear consolidation phase as it trades within the lower-$11,000 region Overnight the crypto faced a slight rejection after buyers tried to push it up towards its near-term resistance Buyers were not able to surmount the heavy selling pressure that existed within this region, and the crypto fell back to its support at $11,000 Analysts are now noting that BTC could be just a stone’s throw away from seeing an […] дальше »
2020-8-5 21:00 | |
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History Suggests XRP Could Soon Rally Over 30%, But Macro Weakness Remains
XRP has incurred some notable momentum throughout the past 24 hours, but it has been struggling to surmount the crucial resistance that sits between $0. 24 and $0. 25. The cryptocurrency’s upswing seen today came about as a result of a bull pennant break. дальше »
2020-7-30 00:00 | |
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Bitcoin Just Posted an Ultra Bullish Technical Formation Not Seen Since 2017
Bitcoin’s intense rally seen yesterday evening allowed it to surmount multiple heavy resistance levels that were previously suppressing its price action. The cryptocurrency has also bolstered its technical outlook, with multiple factors now working firmly in the favor of BTC’s bulls. дальше »
2020-7-28 19:00 | |
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Ethereum Fails to Surmount Crucial Resistance as Traders Eye a Pullback
Ethereum has incurred immense momentum throughout the past few days This notable upswing seen as of late has allowed it to outperform Bitcoin and many other major altcoins Some analysts have even observed that ETH’s price action is starting to influence that of Bitcoin Analysts are now noting that it could see a notable pullback in the near-term, which may be necessary if bulls want to extend their momentum further This possibility will be invalidated if […] дальше »
2020-7-26 22:00 | |
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Why Bitcoin’s Bullish Accumulation Pattern Could Still Result in a Move to $7k
Bitcoin and the aggregated cryptocurrency market are continuing to flash some signs of strength BTC is now pushing up towards $9,600, with its slow grind higher allowing it to surmount the slight resistance it faced around this price region This recent price action does appear to confirm the existence of a bullish accumulation pattern, which is a positive sign for its outlook One analyst is explaining that the crypto could still decline towards $7,000 despite […] дальше »
2020-7-26 19:00 | |
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This Technical Sequence Could Propel Bitcoin to Fresh All-Time Highs
Bitcoin is flashing signs of overt strength at the present moment as it trades above $9,500 This marks the first time in many weeks that the cryptocurrency has been able to post a sustained movement higher Analysts are now closely watching whether or not it can surmount the resistance laced within the upper-$9,000 region It is important to note that the selling pressure here is quite significant This region also coincides with some crucial technical […] дальше »
2020-7-25 02:00 | |
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Why a Growing Risk Appetite Could Send Bitcoin to $14,000
Bitcoin’s price saw an explosive movement higher yesterday that allowed it to surmount its multi-week resistance at $9,500 This movement was technically significant because it allowed the crypto to smash a crucial resistance that it is now being flipped into a support level How BTC trends next will be important for determining its mid-term outlook, as a decline beneath this level would point to weakness amongst bulls Holding above this level, however, could point to […] дальше »
2020-7-24 21:00 | |
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Why Ethereum May Severely Underperform DeFi Tokens During Next Bull Market
Ethereum has seen some positive price action throughout the past day, although it remains highly correlated to that of Bitcoin It also remains caught within its macro trading range between $230 and $250, with its buyers being unable to surmount the upper boundary of this range ETH investors have been speculating that the growth seen within the DeFi sector could be enough to propel the crypto higher That being said, one analyst and fund manager […] дальше »
2020-7-23 23:00 | |
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Bitcoin Open Interest Sets Fresh Highs as Analysts Watch for Fireworks
Bitcoin is currently pushing higher as it begins recapturing its share over the aggregated crypto market Its current strength may not be enough to surmount the heavy selling that exists at its high time frame resistance at $9,500 This is the first notable movement BTC has posted in weeks, although its previous surges to this region have proven to be fleeting Where the crypto trends in the months ahead may depend largely on whether buyers […] дальше »
2020-7-22 02:00 | |
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These Five Technical Signs Show Bitcoin Is on the Verge of Testing $10,500
Bitcoin has continued to push higher after a weekend dip. As of this article’s writing, the leading cryptocurrency trades for $9,450, a few basis points below the local high of $9,480. The cryptocurrency is still waiting to surmount the crucial $9,500 level. дальше »
2020-7-9 03:00 | |
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Ethereum Embarks on a “Moon Mission” as Analysts Eye a Move to $290
Ethereum is beginning to flash some signs of strength as it pushes up against the upper boundary of its long-established trading range between $230 and $250. If it can surmount the resistance it is currently facing, it is a strong possibility that it will soon set fresh post-March highs. дальше »
2020-7-9 00:00 | |
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Analyst: Bitcoin Needs to Push Past $9,600 to Avoid a Brutal Decline
Bitcoin now appears to be entering another consolidation phase around $9,300 Its buyers have been unable to surmount the resistance that exists around this price level Each attempt to break above it has been met with an influx of selling pressure that forces it lower As for what may come next, analysts are noting that it is imperative that buyers step up and force the benchmark crypto higher if they are to catalyze any further […] дальше »
2020-7-8 21:00 | |
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Cardano (ADA) May Soon Crater by 25% as Massive Resistance Looms
Cardano (ADA) is currently flashing some significant signs of weakness after failing to surmount the crucial $0.10 region It has been caught within a strong news-driven uptrend over the past several months, posting a majority of these gains over the past couple of weeks It remains unclear as to whether or not a few positive developments that have taken place as of late will be enough to sustain the cryptocurrency’s intense uptrend One analyst is […] дальше »
2020-7-6 22:00 | |
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It’s “Do or Die” for Bitcoin After Being Rejected at a Crucial Technical Level
Bitcoin’s buyers attempted to spark a rally yesterday but were stopped short when it was rejected at $9,300 The crypto has since been trading directly beneath this level, struggling to garner any further buying pressure This resistance coincides closely with a critical technical level that buyers have been struggling to surmount It does appear that the crypto could be positioned to see further downside in the days ahead if buyers fail to break this resistance […] дальше »
2020-7-3 02:00 | |
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The Simple Reasons Why Ethereum Could Soon Explode to its $250 Local Highs
Ethereum has been struggling to recapture its long-held position within its trading range between $230 and $250. The token has traded below the lower boundary of this range for the past several days, but bulls are now trying to surmount it. дальше »
2020-7-3 00:00 | |
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Bitcoin to Breakout in Coming 7 Days as Strength Grows; Claims Analyst
Bitcoin has once again extended the bout of lackluster price action that it has been seeing over the past week The cryptocurrency’s mid-term trend is growing increasingly unclear as it struggles to surmount the heavy resistance that lies directly above its current price action It’s a strong possibility that this resistance will prove to be insurmountable Nevertheless, analysts still remain bullish. дальше »
2020-6-11 21:00 | |
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Bitcoin’s Price Spread on the CME is “Super Bullish” and Foretells Major Upside
Bitcoin has seen mixed price action in recent times, struggling to surmount $10,000 despite gaining a solid foothold within the $9,000 region Analysts are now noting that the cryptocurrency appears to be at a turning point as it trades directly between two CME gaps One analyst is also pointing to the massive BTC premium seen on the CME as a reason why the crypto is highly bullish Bitcoin saw some turbulent trading yesterday when sellers […] дальше »
2020-6-2 02:00 | |
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This is the Level Chainlink Needs to Surmount to See “Swift Rally” to Fresh Highs
Chainlink’s immense uptrend has stalled in recent times as the cryptocurrency struggles to gain a firm foothold within the $4. 00 region. Although it has yet to see any swift rejection, it has been flashing some signs of weakness as it underperforms Bitcoin and the aggregated crypto market. дальше »
2020-5-30 01:00 | |
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Bitcoin’s Move Past $9,000 Leaves Wake of Destruction; Liquidates $20m in Shorts
Bitcoin saw a sharp rise overnight that allowed it to firmly surmount the $9,000 region This upwards movement liquidated nearly $20 million in short positions, with buyers now attempting liquidate even more shorts in an attempt to fuel an uptrend The crypto has been rejected within the $9,200 region, however, which could halt its short-term uptrend Analysts are now also noting that heavy resistance just above Bitcoin’s current price level could be enough to fuel […] дальше »
2020-5-28 23:00 | |
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Here’s Why Bitcoin Options Open Interest Has Surged 10x on the CME This Month
Bitcoin has seen immense volatility in recent times, and although most of this has favored buyers, the crypto has been unable to firmly surmount the $10,000 region It now appears that large traders are rushing to gain exposure to the cryptocurrency, as open interest for Bitcoin options on the CME has surged 10x this month alone This comes shortly after news of Paul Tudor Jones and other notable investors gaining upside exposure to BTC via […] дальше »
2020-5-16 21:00 | |
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It’s “Showtime” for Bitcoin Once it Breaks Above $10,500
Bitcoin incurred some explosive overnight momentum that allowed it to reach to highs of $10,000 before facing a slight rejection The cryptocurrency now appears to be well positioned to see further upside as its market structure begins growing incredibly bullish Analysts are now widely noting that all the signs seem to point towards Bitcoin making a visit to $10,500 If the crypto is able to firmly surmount this level, one trader believes it will be […] дальше »
2020-5-15 02:00 | |
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$14,000: Bitcoin Could Set Fresh Post-2017 Highs if it Recaptures Key Moving Average
Bitcoin has been flashing signs of bourgeoning technical strength in the time following its recent dip to lows of $8,100. From this point, the cryptocurrency has been able to incur a steady climb higher that has since allowed it to once again surmount the $9,000 region. дальше »
2020-5-14 02:00 | |
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