Algorand could retest this supply area before another leg downward

The crypto market and the stock markets showed weakness in recent days. Bitcoin was unable to find strong buyers at the $40k area and, after a few days of skirmishing the bears have come out on top.

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Technical analyst says Bitcoin risks another 22% rout after snapping key level

The analyst says another leg down for Bitcoin could bring the $30,000 support level… The post Technical analyst says Bitcoin risks another 22% rout after snapping key level appeared first on Coin Journal.

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Bitcoin Tops $69,000 On Inflation Data, Moon Mode Activated?

Digital gold is a reality despite its critics as Bitcoin reclaims the highs of its current level and makes a new all-time high at $69,000. As of press time, BTC’s price has experienced a minor setback but with the potential to take another leg up to $70,000.

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Analyst: Shiba Inu (SHIB) likely to see a dead cat bounce

A 26% rebound to $0.000055 is possible before another leg down SHIB could plummet… The post Analyst: Shiba Inu (SHIB) likely to see a dead cat bounce appeared first on Coin Journal.

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Where to buy Binance Coin as BNB readies for another leg of the rally

The Binance token is currently trading at $444 and the coin is up by…

The post Where to buy Binance Coin as BNB readies for another leg of the rally appeared first on Coin Journal.

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Litecoin price analysis: LTC looks to rebound after crypto crash

Another leg down for Bitcoin (BTC) could however trigger further losses for LTC given… The post Litecoin price analysis: LTC looks to rebound after crypto crash appeared first on Coin Journal.

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NFT Tokens Get Ready for Another Leg up – CHZ, ENJ

Chiliz (CHZ) is in the process of breaking out from a long-term descending parallel channe

The post NFT Tokens Get Ready for Another Leg up – CHZ, ENJ appeared first on BeInCrypto.

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TA: Why Ethereum Looks Ready For Another Leg Lower Below $3K

Ethereum failed to clear the $3,200 resistance and declined further against the US Dollar. ETH price is now at a risk of more downsides below $3,050 and $3,000. Ethereum settled below the $3,200 pivot level and extended its decline.

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Bitcoin Breakout Beyond $50K Brings Bull Market Fractal Back In View

Bitcoin price is back above $50,000 and its return to the key resistance level has brought a potential bull market fractal back into focus. The bullish fractal in question suggests that another leg up in the crypto bull cycle is coming, matching the epic 2013 rally grand finale.

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TA: Why Ethereum (ETH) Looks Ready For Another Leg Higher Over $3K

Ethereum started a strong rally above the $2,550 resistance against the US Dollar. ETH price is now consolidating gains and it could rise further towards $3,000. Ethereum gained pace after it broke the key $2,550 resistance zone.

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Bitcoin price completes leg down to $37.4K as key indicator hits record ‘oversold’ level

Another slight decline sees Bitcoin at a crossroads as sellers erode a major exchange buy wall.

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Lifelong Technician, Fidelity Director Breaks Down The Bitcoin Correction

Bitcoin price is trading at below $40,000, down more than 40% from recent highs but above the low of around $30,000 per coin. The market is a state of confusion, wondering if the correction is over or if another leg down is necessary before it is all said and done.

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Gann Price-Time Analysis Points To Massive Ethereum Leg Higher

Ethereum is outperforming Bitcoin, rising as the top cryptocurrency sinks further. This type of change in the weather in crypto between Bitcoin and altcoins has come and gone in the past, and another altcoin season could finally be here.

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Cardano, Bitcoin SV, Compound Price Analysis: 11 April

Cardano saw a trend of falling trade volume that showed a market possibly in a phase of distribution. However, in this bull market, another leg upward can not be discounted. Bitcoin SV formed a bearisThe post Cardano, Bitcoin SV, Compound Price Analysis: 11 April appeared first on AMBCrypto.

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VeChain, Chiliz, Ontology Price Analysis: 29 March

VeChain formed a range after the bullish performance in recent weeks. Chiliz saw massive swings in recent days but long-term traders would look for a climb past $0. 6 to signal another leg upward.

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Bitcoin’s lower lows worry traders — But is the BTC bull market really in danger?

Bitcoin bounced off the $53,000 support, but another leg down should not be ruled out in the near term.

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Bitcoin futures break $50K: Why BTC price is primed for another leg up

The price of Bitcoin broke $50,000 on futures exchanges, and several data points suggest the U.S. session could see the rally continue.

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Bitcoin Sets New All-Time High on Heels of OTC Buying Frenzy

Bitcoin and the aggregated cryptocurrency market are caught within another leg higher, with bulls staying in full control of the market This uptrend comes shortly after an intense selloff seen yesterday evening, which came as a result of incredibly high funding rates on margin trading platforms The move lower reset these funding rates and cleared out “late longs” – which laid the groundwork for a move higher One analyst explained in a recent tweet that […]

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TA: Why Ethereum (ETH) Looks Set For Another Leg Higher Over $650

Ethereum corrected lower, but it remained well bid above $625 against the US Dollar. ETH price is currently rising and it looks set for a surge above the $650 resistance. Ethereum is trading nicely above the $620 and $630 support levels.

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Why Bitcoin Price Looks Ready For Another Leg Over $19,500

Bitcoin price started a steady upward move from the $17,500 support zone against the US Dollar. BTC is currently attempting an upside break and it could rally above $19,000. Bitcoin is trading in a positive zone above the $18,500 and $18,200 support levels.

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Charted: Chainlink (LINK) Looks Ready For Another Leg Higher Over $13.5

Chainlink (LINK) is holding the key $12. 50 support level, similar to bitcoin at $18,500. The price is likely to start a strong increase above $13. 50 as long as it is above $12. 50. Chainlink token price is consolidating above the key $12.

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XRP Prepares for Another Leg Up, Bulls Target $1

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Charted: Chainlink (LINK) Looks Ready For Another Leg Higher Over $15

Chainlink (LINK) remained stable above the $11. 50 support and started a fresh increase, similar to bitcoin. The price is now trading above $13. 50 and it could continue to rise above $15. 00. Chainlink token price regained traction and climbed above $13.

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TA: Ethereum Looks Ready For Another Leg Higher Over $625

Ethereum is trading nicely above the $600 resistance against the US Dollar. ETH price seems to be preparing for more gains above the $625 and USD $630 levels. Ethereum settled nicely above the $600 level, with a positive angle.

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Stock Market Sees Largest Surge Since V-Shaped Recovery, Another Leg For Bitcoin?

On the heels of positive vaccine news and a winner finally being declared in the US presidential election, major US stock indices like the S&P 500 and the Dow Jones Industrial Average set a new all-time high price record.

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Charted: Chainlink (LINK) Looks Ready For Another Leg Higher Over $13

Chainlink (LINK) started a sharp rise from the $10. 00 support zone. It traded as high as $13. 64, corrected lower, and now it is likely preparing for another leg higher over $13. 00. Chainlink token price started a major upward move after it cleared the $11.

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Ethereum (ETH) faces little resistance between $400-$470

Ethereum’s price remains on course for another leg up after hitting highs of $408... The post Ethereum (ETH) faces little resistance between $400-$470 appeared first on Coin Journal.

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TA: Ethereum Looks Ready For Another Leg Higher Unless It Dives Below $365

Ethereum failed to clear the $388 resistance zone against the US Dollar. ETH price is currently holding the $365 support and it could resume its upward move. Ethereum corrected lower below the $380 and $375 support levels.

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Bitcoin “Distribution” Could Lead To Another Arm And A Leg Down

Bitcoin price recently collapsed from $12,400 to under $10,000 after the cryptocurrency presented a near-perfect distribution pattern. If the pattern continues, the market could form a massive head and shoulders top, with a price target of significantly lower.

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Bitcoin Working on Being a Reserve Asset while S&P 500, Yield, & Inflation Takes the Wheel

The equities market is yet again just inches away from its all-time high. Yesterday, the ATH from February was briefly broken only for the S&P 500 to retrace a bit, currently sitting at 3,382. Another small leg higher today, and it will breach the new ATH at 3,387.89. It only took 175 days for the […]

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Ethereum Price Regains Bullish Momentum, But $400 Still A Key Hurdle

Ethereum recovered nicely above the $380 and $390 levels against the US Dollar. ETH price must surpass the $400 barrier for another leg higher in the near term. Ethereum is up over 5% and it broke the key $380 and $390 resistance levels.

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Tezos (XTZ) Is Preparing For Another Leg Higher as Chart Strengthens: Analysts

Tezos (XTZ) has been one of the best-performing cryptocurrencies of the past few days. The cryptocurrency surged approximately 15% this weekend once it cracked the pivotal $3. 40 resistance. XTZ now trades for $3.

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Analyst: Bitcoin Just Posted the “Most Important Breakout” in BTC History

Bitcoin has been seeing some incredibly bullish price action throughout the past several days and weeks The cryptocurrency is now consolidating at just below $12,000 as its buyers attempt to catalyze another leg higher Despite facing resistance at this level, the crypto has yet to see any type of harsh breakdown here One recent technical development is creating a new source of bullishness amongst traders The cryptocurrency just broke out of a multi-year bull pennant, […]

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Ethereum May Form “Short Pullback” After Rallying 30% in 5 Days: Analysis

Ethereum has pulled back from its local high of $322 (margin exchanges). It now trades for $312 as of this article’s writing. Some analysts argue that the cryptocurrency is preparing for another leg higher, citing the momentum trade that ETH is.

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This Simple Pattern Suggests Ethereum Is Preparing For Another Leg Higher

Ethereum is showing positive signs and it traded to a new monthly high at $281 against the US Dollar. ETH price likely to continue higher as long as it is above $260. Ethereum extended its rally above the $270 and $275 resistance levels.

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Ethereum Won’t Outperform DeFi, Much Like Bitcoin Didn’t During Last Bull Cycle

An upward move in bitcoin yesterday was also reflected in some altcoins that went another leg higher. Currently, the hot market trend – DeFi tokens are moving higher. Today, the likes of Augur (19%), AirSwap (7.

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Why This Analyst Sees Even More Downside For Bitcoin Price Before Any Real Recovery

We know Bitcoin is flat and trading sideways. Today, BTC had another leg down and rejection dropping to $9,200 on most exchanges, and basically giving away all the gains from June 22. The daily uptrend is still in play until the $9,170 level is lost, the last higher low. Buyers can still turn it around […]

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Bitcoin Dominance Bear Flag Nears Breakdown, But 58% Level Remains Barrier To Altcoin Season

A bearish chart formation has appeared on Bitcoin dominance that could lead to another leg down and rebound in altcoin/BTC pairs. However, the 58% level could remain a barrier, keeping a full-blown altcoin season from occurring for quite some time longer.

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Bitcoin Dumps, Finds Support Above $9,300

The Bitcoin price has broken down from an ascending triangle. While it has bounced at the minor support area at $9,350, the most likely scenario is another downward leg towards $9,000. Ascending Triangle The Bitcoin price had been trading inside an ascending channel since May 14.

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Fed Pledges Additional Stimulus, Adding Fuel to Bitcoin and Gold’s Momentum

As the United States Fed prepares to issue additional stimulus and economic relief efforts, assets like Bitcoin and Gold are gearing up for yet another leg up. How will the latest move to save the economy from a devastating depression impact these two, scarce, safe-haven assets in the days ahead? Federal Reserve Delivers Somber News About Economy, Pledges More Stimulus If Necessary This morning, Federal Reserve Chairman addressed the world via a webcast and revealed […]

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Analysis of Bitcoin addresses shows that BTC is about to tap a massive resistance region

Bitcoin saw a notable overnight upswing that allowed it to rally past the heavy resistance that had previously been established around $9,200. The break above this level has led investors to become increasingly bullish as it grows ever more likely that BTC is about to start forming another leg up.

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Bitcoin Dominance Climbs, Leaving Altcoins Vulnerable to New Leg Down

Bitcoin dominance broke down recently from a long-term trend line, potentially signaling that an altcoin season would soon be upon us. However, Bitcoin’s latest surge ahead of its halving has caused BTC dominance to reclaim the trend line, leaving altcoins vulnerable to another devastating leg down.

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Ripple (XRP) Looks Ready For Another Leg Higher Over $0.20

Ripple is currently correcting lower from the $0. 2000 support against the US Dollar. XRP price is likely to start a fresh increase unless there is a clear break below $0. 1920. Ripple price is correcting lower from the $0.

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Cryptocurrency News Roundup for April 9, 2020

After sailing smoothly above the support level around $7,000 for a bit, Bitcoin suddenly retreated to the high-$6,000s in the early hours on Friday. A correction at this point is to be expected, but traders are on the edges of their seats waiting to see if BTC can handle another leg up.

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Ethereum Looks Ready For Another Leg Higher Over $175

Ethereum is consolidating gains above the $170 and $165 support levels against the US Dollar. ETH price is likely setting up for another leg higher over the $175 resistance area. Ethereum is showing a few positive signs above the $170 support level.

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Dow Outlook Darkens as Travel Ban Threatens Stock Market Crash – Again

The Dow Jones faces a rough open as global travel bans threaten to trigger another leg lower in 2020's astonishing stock market crash. The post Dow Outlook Darkens as Travel Ban Threatens Stock Market Crash – Again appeared first on CCN.com

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Bitcoin will be Just Fine, Here’s Why a 45% Crash is Still a Buy the Dip Opportunity

In a crypto carnage yesterday, Bitcoin price lost about 45% of its value, falling to one year low of $3,850. Currently, we are back above $5,200, nearing $5,500 but the market still remains fearful of what’s to come now, go another leg lower, range at current levels or make our way back. As Michael Arrington, […]

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3 Crucial Reasons Why Bitcoin Could Soon Surge Higher From $8,500

Over the past few days, Bitcoin has finally stabilized after the strong price crash seen on Sunday through Wednesday that took BTC from $10,000 to $8,400. While some analysts fear that this consolidation is a precursor to another leg lower, referencing the fact that assets never trend in a straight line, there’s a case building that this is consolidation is indicative of a bottom.

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Litecoin is About to See Exponential Gains Because of This Pattern

Litecoin’s 2020 rally has begun to reach a fever pitch as the crypto shows signs of entering yet another upwards leg that allows LTC to set fresh year-to-date highs. Litecoin’s rally over the past several weeks has allowed it to put significant distance between its recent lows of $50 and its current price of just... The post appeared first on NewsBTC.

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