SEC vs. Ripple: This May Be Key Reason Why Ether Was Given Free Pass

2021-9-16 22:20

This may be the key distinction between XRP and Ether

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key may ether pass distinction between xrp

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Ethereum Dives into Key Liquidity Region as Technical Outlook Grows “Ugly”

Ethereum has not been able to avoid the impacts of Bitcoin’s recent break beneath $12,000 This key technical development sent shockwaves throughout the market, with ETH reeling down to lows of $400 before finding any significant support Analysts are now noting that the crypto may be well-positioned to see further near-term weakness That being said, it may first navigate higher to tap a key liquidity region before it continues its descent Overall, analysts are expecting […]

2020-8-20 23:00


Bitcoin Prone to Seeing Downside as It Trades Below Key Level

Bitcoin and the aggregated crypto market are struggling to extend the mid-term uptrend that has driven them higher over the past few weeks This has come about as BTC pushes up against insurmountable resistance at $12,000 – a level that it has been rejected at on multiple occasions Analysts are now noting that it may require a daily close above $11,900 for it to see further upside that sends it past this price level There […]

2020-8-14 02:00


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Here’s Why Bitcoin Could Crush Altcoins in Coming Weeks

Altcoins have been posting exorbitant gains throughout the past few weeks, severely outperforming Bitcoin and most major digital assets This has come as both Bitcoin and Ethereum find themselves caught in prolonged consolidation phases just beneath their key near-term resistance levels Where they trend next may have heavy influence over the uptrends currently seen by smaller altcoins While speaking about this, one analyst explained that he expects BTC to crush altcoins in the coming weeks […]

2020-8-10 19:00


Analyst: Bitcoin May “Teleport” to $13,000 if It Breaks Key Level

Bitcoin is currently caught in an unwavering consolidation phase within the upper-$11,000 region This is where the cryptocurrency has been trading throughout the past several days Unless buyers step up and shatter the resistance that sits around $12,000, the crypto could be poised to see notable losses One analyst is now noting that he is closely watching the price region between $11,800 and $12,000, as a firm close above this level could lead BTC to […]

2020-8-8 02:00


Bitcoin is Facing “Serious” Bearish Divergences as Analysts Eye Downside

The strong momentum Bitcoin has incurred in recent weeks is now showing some signs of stalling as it struggles to break above $12,000 This signals that the resistance at this level may be insurmountable, and may also be a sign of weakness amongst bulls Analysts are now noting that it has led to a surge in bearish divergences that seem to suggest a retrace is imminent BTC now has multiple key support levels throughout the […]

2020-8-8 21:00


Why Analysts are Bullish on Bitcoin Despite Close Beneath Key $11,700 Level

Bitcoin has been flashing some mixed signs to investors as of late Despite seeing intense bullishness throughout the past week as it rallied from the lower-$10,000 region to highs of $12,000, analysts still remain cautious regarding where it may trend next Their present lack of bullishness is rooted in the cryptocurrency’s inability to close its weekly candle above $11,700 This is a historically important level that analysts were closely watching over the past couple of […]

2020-8-4 21:00


Ethereum is Touching a Key Resistance Level, and It Could Spark a Drop to $280

Ethereum is flashing signs of immense strength as it pushes up towards its high time frame resistance at $350 This level has long been a target that analysts have been setting their sights on, and it is likely that a heavy amount of selling pressure exists here Although over a macro time frame ETH is firmly bullish, the visit to this level may spark a slight selloff that leads it down towards $280 Analysts are […]

2020-8-1 23:00


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Bitcoin Forms a Decisive Top Formation as Momentum Falters; Analysts Expect Blood

Bitcoin has posted some mixed price action as of late, offering few insights into the strength of its current market structure Analysts do believe that the recent price action following its latest rejection at $10,000 struck a blow to its underlying strength This may be causing the benchmark crypto to form a clear top formation that suggests a violent downturn is imminent This weakness could also be compounded by the recent break below a key […]

2020-6-15 22:00


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These Simple Factors Suggest Bitcoin May Soon See a Massive Plunge

Bitcoin has once again extended its long-held bout of sideways trading, as it has now been hovering around $9,700 for the past few days The crypto did decline to lows of $9,400 this weekend, but buyers quickly absorbed the selling pressure that was driving this movement It now appears that there are some factors that suggest a downside movement could be imminent If these factors are enough to shatter a key trendline Bitcoin bulls have […]

2020-6-9 21:00


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This Key Data Metric Shows One Ultra-Bullish Crypto is About to Plunge

There’s no question that Chainlink has been the most bullish cryptocurrency on the market throughout the past couple of years, posting massive gains throughout 2019 and 2020 These gains allowed it to set fresh all-time highs earlier this year, and it now appears to be navigating back towards these highs Its mounting short-term strength, however, may be plagued by a massive influx of LINK into exchanged over the past day This could suggest that traders […]

2020-6-1 23:00


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Bitcoin at Risk of Seeing Major Downside as Buying Pressure Evaporates

Bitcoin has seen some intense selling pressure today following a bearish resolution to its long-held bout of sideways trading The cryptocurrency is now at risk of seeing further selling pressure as it struggles to defend a key support level Analysts are noting that it may decline as low as $8,500 in the hours and days ahead as it struggles to maintain its multi-week uptrend Bitcoin is now trading right above its key support level at […]

2020-5-24 19:00


Bitcoin Rally Driven By Eager Chinese Buyers, Key Data Shows

New data based on the delta between Chinese buyers and derivatives markets in Bitcoin markets suggests that much of the recent rally has been driven by crypto investors in China. But why are Chinese buyers dominating Bitcoin interest, and what is sparking the unusual phenomenon? Indicator Shows Chinese Buyers Are Dominating Derivatives Bitcoin price may...

2020-5-22 23:00


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This Crypto Could Soon Invalidate its Multi-Year Bullish Market Structure

Chainlink has seen some immense bullishness throughout the past two years, but its strong market structure dates back even further In spite of the crypto’s ongoing upswing that has led it past $4.00, analysts are still cautious about where it may go next One trader is even noting that he believes it will soon invalidate a key growth curve that has been pivotal to its multi-year uptrend Chainlink’s immense bullishness seen throughout 2019 and 2020 […]

2020-5-21 23:00