Ether, Bitcoin Open Asia Trading Week Flat as ETH ETF Decision, Nvidia Earnings Loom

The market has priced in a rejection for the first set of Ethereum ETFs, but there are reasons to be optimistic about an approval next year, says one fund manager.

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Fund managers predict SEC rejection of Ethereum ETFs next week

The SEC is set to decide on Van Eck's Ethereum ETF by May 23, with market expectations leaning towards rejection amid regulatory uncertainty. The post Fund managers predict SEC rejection of Ethereum ETFs next week appeared first on Crypto Briefing.

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Bitcoin On-Chain Activity Hits Historic Lows: Is the Bottom In?

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AVALANCHE PRICE ANALYSIS & PREDICTION (April 26) – Avax Initiates Fresh Weekly Drop: Can It Find Support Again?

After posting notable losses for weeks, Avalanche AVAX found a solid support level and went through a slight retracement this month. But it faced rejection again and showed signs of weakness earlier this week.

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HEDERA PRICE ANALYSIS & PREDICTION (April 24) – Hbar Explodes 100% Daily To Reach A New Milestone, Faces Rejection

Starting this week on a strong note, Hbar exploded massively and saw the most gains in the last 24 hours. As a result, it appeared super bullish on the daily chart, leading the altcoins rally today with a 70% increase.

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APECOIN PRICE ANALYSIS & PREDICTION (April 18) – Ape Resets To Bottom Following A 50% Loss In A Month, Can It Bounce Back

Amid the recent meltdown, Apecoin lost almost half of its market cap and rolled back to the bottom. Following a sudden rejection last week, the price retraced slightly and remained calm since the start of the week.

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BITCOIN PRICE ANALYSIS & PREDICTION (April 17) – BTC Takes Downturn Again After A Rejection, Where Next? 

 After taking a short bearish break last weekend, Bitcoin recovered briefly and later faced resistance near $67k yesterday. It lost ground again and now taking another downturn.   Last Saturday, Bitcoin tested a low of $60,775 after witnessing a roller coaster throughout the week.

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RIPPLE PRICE ANALYSIS & PREDICTION (April 4) – XRP Appears Indecisive After Losing 7% Weekly, Trades Under Minor Resistance

Today looks a bit calm for Ripple XRP after experiencing serious bleeding since the start of the week. It saw a rejection and now holds temporarily above a key level. The price is currently facing minor resistance.

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RAYDIUM PRICE ANALYSIS & PREDICTION (March 18) – Ray Explodes 100% Weekly Amidst Crypto Drawdown, Now Retracing

Despite this week’s crypto clampdown, Ray showed strength and continued to rally upward. It flipped through a key resistance to test a new high yesterday but faced rejection and is now looking for a retest.

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Will XRP's price see another 8% drop? New predictions suggest...

XRP could descend toward the mid-range level which is another ~8% drop. The buyers have lost their dominance over the past week. Ripple [XRP] saw a rejection from its 7-month range highs at The post Will XRP's price see another 8% drop? New predictions suggest... appeared first on AMBCrypto.

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Bitcoin Crashes To $19,600 And Takes Long Liquidity, BTC Ready For A Bounce?

Bitcoin is retracing after a rejection north of critical resistance at around $20,000 and might be gearing up for a fresh leg down into its final support level. The crypto was seeing some profits earlier this week, but any bullish momentum has been wiped out by macroeconomic forces.

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Bitcoin retreats 7% after sharp rejection at $20K

The Bitcoin (BTC/USD) price retreated hastily from the $20k level as pressure across the asset class dismantled bullish plans on Tuesday. Part of the Bitcoin news circle yesterday had been the sharp rise its price – indeed the bellwether crypto rose gallantly from lows of $18,600 to hit two week highs above $20,300.

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Bitcoin: Despite crossing $20k, short-term holders bleed dry this bear season

Bitcoin’s [BTC] rejection of the $20K level last week led to the suffering of short-term holders. As per a latest Glassnode report short-term holders of the asset suffered significant unrealized loThe post Bitcoin: Despite crossing $20k, short-term holders bleed dry this bear season appeared first on AMBCrypto.

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ETH's upsetting post-Merge performance could have a lot do with this one factor

Ethereum [ETH], the largest altcoin witnessed a major rejection near the $1,420 mark as of 22 September. ETH went down by over 20% in a week despite the Merge hype. There further remained a risk of a The post ETH's upsetting post-Merge performance could have a lot do with this one factor appeared first on AMBCrypto.

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XRP Faces Rejection At Key Resistance; Here’s What On-Chain Metrics Suggest

XRP has been on a downtrend owing to a lack of demand for over a week now. The coin has retouched a multi-month low at the time of writing. Broader market weakness also remains to be blamed along with a whirlwind of regulatory roadblocks owing to SEC vs Ripple’s lawsuit.

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Market Wrap: Cryptos Decline After Rejection of EU Bitcoin Proposal

Bitcoin (BTC) and other cryptos were unmoved after the rejection of the EU bitcoin proposal on Monday. Traders expect a busy week ahead with the Fed meeting and geopolitical developments on tap.

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Bitcoin loses $40K as BTC price support levels give way to 1-week lows

The range is still very much on for Bitcoin price action, which saw a familiar rejection from the $45,000 region this week.

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El Salvador buys the dip again, adds 410 BTC to its treasury, but experts raise alarm

It has been somewhat of a rollercoaster ride for Bitcoin in the past week. While Russia's announcement of a possible crypto trading and mining ban has put pressure on the market, SEC's rejection of twThe post El Salvador buys the dip again, adds 410 BTC to its treasury, but experts raise alarm appeared first on AMBCrypto.

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Shiba Inu falls back to long term support level, is there any recovery in sight

A week prior to press time, Shiba Inu appeared, for a brief moment, to reclaim a critical demand area. The price rallied nearly 23% in a few days. However, it faced rejection and dropped back toward tThe post Shiba Inu falls back to long term support level, is there any recovery in sight appeared first on AMBCrypto.

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XRP nears major support zone but can buyers find the strength again this time

XRP was rejected firmly at the $1 mark, which was both a higher timeframe significant level as well as a round number resistance. Since that rejection last week, XRP has formed a series of lower highsThe post XRP nears major support zone but can buyers find the strength again this time appeared first on AMBCrypto.

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Kryptoin’s Spot Bitcoin ETF Is Next in Line for Rejection Before Christmas, After SEC Declines WisdomTree’s ETF

The US Securities and Exchange Commission (SEC) denied WisdomTree’s application for a spot Bitcoin exchange-traded fund (ETF) this week. “The Commission concludes that BZX has not met its burden under the Exchange Act and the Commission’s Rules of Practice to demonstrate that its proposal is consistent with the requirement that the rules of a national […] The post Kryptoin’s Spot Bitcoin ETF Is Next in Line for Rejection Before Christmas, After SEC Declines WisdomTree’s ETF first appeared on BitcoinExchangeGuide.

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How Did Bitcoin’s “Big Week” Turn Out?

Bitcoin has had a big week this past week. With the new all-time highs and the VanEck Spot ETF rejection, it is interesting to see how the market has reacted to these. VanEck had filed its ETF with the SEC and on Friday, it got back the dreaded rejection. The reason given for the rejection […]

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Do Bitcoin and other cryptos have any added advantages over equities

Bitcoin has shot up in price at the start of the week following a major upgrade to its network. Even the rejection of a spot bitcoin ETF by the SEC appears to have done little to damage bitcoin’s prThe post Do Bitcoin and other cryptos have any added advantages over equities appeared first on AMBCrypto.

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Bitcoin extends correction as Ethereum sees ‘picture perfect rejection’ at all-time highs

A copycat move from ETH leaves investors noticeably disappointed and puts the brakes on the “up only” trend of the past week.

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Bitcoin (BTC) Price Slumps below $40K as Investor Sentiment Turns Slightly Bearish

The world’s leading crypto experienced a market sentiment shift after rallying nearly 44% in a week, defying predictions that it would dip further toward the $20K range. However, the momentum seems to be slowing down after BTC faced a rejection yesterday and ranked below $40K.

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Record fundamentals meet $4K Ethereum: 5 things to watch in Bitcoin this week

Bitcoin bulls face-off with altcoins after the largest cryptocurrency’s latest rejection at $60,000 resistance.

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WAVES Attempts to Break Out From Long-Term $14.35 Resistance Area

Despite the slight rejection, WAVES should regain its footing and increase towards at least $16. Long-Term Levels The weekly chart shows that WAVES increased considerably over the past week, a move that accelerated once it broke out above the previous resistance area at $8.

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Litecoin (LTC) Regains Footing, Aims for Higher-Highs

Despite the rejection, the Litecoin trend still looks bullish. The price is expected to make another breakout attempt in the near future.   Long-Term Litecoin Resistance Levels Litecoin increased considerably over the past week, creating a bullish candlestick to reach a high of $230.

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Here’s the Key Level Bitcoin Needs to Reclaim for Bulls to Take Control

Bitcoin’s appears to be caught within a firm bear trend, with the cryptocurrency being wholly unable to see any sustained rebounds Each rally over the past week has been firmly rejected, with BTC rallying to highs of $34,500 yesterday before facing a rejection that sent it down towards $30,000 today Where the entire market trends […]

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BTCD Continues Descent After Rejection

Rejection From Long-Term Resistance During the week of Dec. 27 – Jan. 4, BTCD fell from the long-term 71. 5% resistance area. It has not traded above this level since June 2017. Despite the rejection, technical indicators are still bullish.

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Bitcoin Dominance (BTCD) Rejected by Resistance, Altcoins Get Relief Rally

The Bitcoin Dominance is expected to decrease toward the 66% support area at least in the short term.   Bitcoin Dominance Long-Term Rejection During the week of Dec. 27 – Jan. 4, the BTCD seemingly increased above the 71.

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BTCD Reaches Its Highest Levels Since 2019

While the long-term trend seems bullish, a short-term rejection and correction is likely once BTCD reaches this resistance area. Long-Term Breakout During the week of Dec. 14 – 21, BTCD broke out from a descending resistance line that had previously been in place since Aug.

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Why One Trader is Waiting for $20,000 Before Jumping Back into Bitcoin

Bitcoin’s price is rapidly navigating back up towards its all-time highs. This comes after the crypto faced some immense turbulence throughout the past week Each rejection at roughly $19,800 has had far-reaching implications for the cryptocurrency, but it has been able to set higher-lows This is a bullish sign that suggests the selling pressure at this price level is beginning to degrade Where it trends in the mid-term may depend largely on how strong the […]

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It’s a “Do or Die” Moment for Bitcoin as Bulls Send it to Critical Resistance

Bitcoin is seeing some immense momentum at the moment, with bulls sparking a strong upswing that is showing no signs of slowing down This came about following the massive downwards movement seen late-last week after the cryptocurrency tested its $19,500 all-time highs The rejection here showed that bears would ardently try to defend this level, but it remains unclear as to where it might trend in the mid-term If it does break above these highs, […]

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Chainlink (LINK) Falls Putting Bullish Structure In Doubt

If the price were to break down from the longer-term channel, it would likely confirm that the trend is bearish and the price is heading lower.   LINK Long-Term Rejection During the week of Nov. 23-30, the LINK price created a small-bodied bearish candlestick with wicks on each side.

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Despite Bullish Factors, Litecoin Suffers Brutal Rejection At Downtrend Resistance

Litecoin was one of this week’s biggest movers and shakers in crypto, beating even Bitcoin substantially. The bullish impulse took the altcoin to a year-long downtrend line against BTC but unfortunately was rejected hard.

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Bitcoin SV, Dash, Maker Price Analysis: 27 October

Bearishness after a shift from the upward rallies of last week was the highlight of the trading charts at press time. Bitcoin SV and Maker after facing rejection at important resistance levels, manThe post Bitcoin SV, Dash, Maker Price Analysis: 27 October appeared first on AMBCrypto.

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Chainlink, Cosmos, VeChain Price Analysis: 05 October

Chainlink made two attempts at an important region of resistance last week, but was rejected on both tries and could be set to post losses over the coming days. Cosmos could face rejection at its resiThe post Chainlink, Cosmos, VeChain Price Analysis: 05 October appeared first on AMBCrypto.

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Analyst: Ethereum May Grind to $280 Before ETH 2.0 Hype Propels It Higher

Ethereum and other altcoins have been struggling to garner any strong momentum following the massive declines posted earlier this week This weakness came about as a result of Bitcoin’s rejection at $11,200, which is a level analysts have been watching Until BTC’s macro outlook begins growing more positive, Ethereum will likely continue struggling as well That being said, some positive technical developments in the coming months could help boost its outlook One analyst is noting […]

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Bitcoin Rejection Could Signal a Final Leg Down

Even though Bitcoin (BTC) has been moving upwards since Sept. 8, it has shown considerable weakness indicating that it is likely beginning a final wave down that could end at $9,700. After the losses seen during the week of Aug 31-Sept 7, the Bitcoin price consolidated last week.

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Ethereum Posts “Perfect Rejection” at Key Resistance as Traders Target $420

Ethereum has been closely tracking Bitcoin and the aggregated crypto market throughout the past few days This allowed it to garner some strong momentum earlier this week, but has led it to see some notable downside throughout the past 24-hours BTC and ETH both faced strong rejections above their key resistance regions, which has struck a slight blow to their technical outlooks Analysts are now noting that although this rejection seems grim, it may be […]

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Crypto Nears Full Month Of Extreme Greed As Famous Buffett Letter Resurfaces

Bitcoin’s price is back above $11,800 after a sharp fall last week into the weekend. However, even a $1,000 rejection wasn’t enough to shake the market out of its extended state of greed.

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Here’s Why Analysts Remain Bullish on Bitcoin Despite Failure at $12k

Bitcoin failed to hold above $12,000 last week after temporarily moving above $12,400. The asset now trades for $11,650, having faced a rejection at the pivotal $12,000 level. BTC’s rejection at that level has made some analysts fear that a strong price drop is incoming.

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Bitcoin Showing Bearish Triple-Top After Another Rejection from $12,000

The Bitcoin (BTC) price increased gradually over the past week and reached a crucial long-term resistance area. The short/medium-term trend is showing weakness, indicating that a corrective move could transpire soon.

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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 […]

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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 […]

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Bitcoin Plunges Under Pivotal $11.5k Support: What Do Analysts Think Is Next?

Bitcoin is slipping lower after peaking at $11,950 just the other day. This marked the second major rejection at the pivotal $12,000 level in the span of a week. As of the time of this article’s writing, BTC is trading for $11,400.

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XRP Could Crash 50% as Price Undergoes Critical Rejection: Analyst

Last week, analysts thought XRP was on the verge of a massive breakout. Against the dollar and against Bitcoin, the leading altcoin saw an explosive breakout that reminded some of the start of the infamous 2017/2018 pump.

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$12k Bitcoin Can Unlock Prices “As High as Imagination” Will Allow: Analyst

Bitcoin has faced a rejection after surging as high as $11,500 on Monday. As of the time of this article’s writing, BTC is at $10,800. Analysts remain optimistic despite this drop from the local highs, arguing that the bearish market structure that persisted last week is now broken.

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