Bitcoin Price Drops Below Critical Support Level Following Rejection At $70,000

Bitcoin recently dropped below the critical support level between $67,000 and $68,000, having failed to break above the $70,000 price level successfully. Based on crypto analyst Josh’s analysis, the flagship crypto needs to climb above this critical support level soon enough or risk flipping into a bearish trend.

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BTC buy signal: key Bitcoin resistance level turned into support

BTC/USD chart and technical analysis Bitcoin recently made a significant rally and closed above the major resistance level of $25,891. This level will now act as a strong support level. Price has been ranging for the last couple of weeks until the recent rally and it will possibly once again retest the $25,891 support level […] The post BTC buy signal: key Bitcoin resistance level turned into support appeared first on Invezz.

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Is This XRP Support Level Unbreakable? Here's How Price Is Moving

XRP successfully holds through rising selling pressure thanks to fundamental support level

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Bitcoin Drops Under $29,000, Here’s Where BTC Could Find Support Next

Bitcoin has plunged below the $29,000 level during the past day. According to on-chain data, here’s the next level that could act as major support. Bitcoin Short-Term Holder Realized Price May Be The Next Support Level As pointed out by an analyst in a CryptoQuant post, the realized price of the short-term holders at $28,000 could be an essential level for the asset.

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Tracing ApeCoin's next crack at this support level

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. APE consolidated at the key support level.

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Should you buy BNB at the current $215 support level?

BNB faces bearish pressure at a key support level The token is down 68%…

The post Should you buy BNB at the current $215 support level? appeared first on CoinJournal.

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Here are the Crucial Levels to Watch as Bitcoin Climbs Back Above $19,000

Bitcoin is once again trading above $19,000, as this has been a crucial level for the cryptocurrency that bulls have ardently been trying to flip into support It remains unclear as to whether or not it is going to be able to establish any meaningful support at this level The selling pressure here has proven to be significant in the past, and may continue hampering its growth Where the market trends next will still likely […]

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Bitcoin Rebounds Off of Key Support Level as Analysts Eye Upside

Bitcoin saw a sharp overnight decline that came about following a period of immense strength This sent the token reeling down to the $18,000 level, which has long been strong support for the cryptocurrency Where it trends next will depend largely on whether or not it can continue holding above the support it has found at this key price level One trader is pointing to just how aggressively this dip was bought, which indicates that […]

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Analyst: Chainlink Gearing Up for a Major Push Higher as Bulls Defend $10.00

Chainlink is currently attempting to confirm $10.00 as a support level as it faces inflows of selling pressure that jeopardize its near-term outlook. Despite the present weakness it is facing, a confirmation of this level as support would be incredibly bullish, as it would mark a mid-term support-resistance flip that potentially kicks off the next […]

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Bitcoin Hammers Key Support Level as All Eyes Continue Watching $10k

Bitcoin has once again faced a massive influx of selling pressure that caused its price to dip back towards its key support at $10,000 The cryptocurrency is navigating beneath this level, which means that it may soon once again test its critical support at $9,900 The multiple tests of this level that it has undergone in recent times seems to indicate that significant downside could be imminent One analyst is noting that a failure to […]

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Bitcoin is Conducting a “Bullish Retest” as It Hits Critical Support Level

Bitcoin is ardently attempting to hold above $10,000, as this crucial psychological support level has been broken and reclaimed on multiple occasions throughout the past several hours. Earlier today, the cryptocurrency showed some significant signs of weakness as it pushed below this level, with bears sending it as low as $9,900 before it saw a […]

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Bitcoin’s Price is Hovering Above “Last Ditch” Support Following Recent Selloff

Bitcoin is currently teetering above its crucial support at $11,300 This level has been holding strong over the past day, but an influx of selling pressure has put it at risk of being broken below in the near-term This level also happens to coincide with the benchmark crypto’s 200-day ema, which is a crucial technical level that must be defended If this technical and horizontal support is lost in the days ahead, BTC could be […]

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Bitcoin is Poised to Push Towards $14,000 After Posting Bullish Weekly Close

Bitcoin has continued consolidating within the upper-$11,000 region overnight This extended period of sideways trading has come about despite it facing multiple recent rejections at $12,000 Its inability to break above this level has so far not led it to see any notable near-term downside, with $11,700 becoming a strong level of support This support level was previously a crucial resistance that it was struggling to close above Yesterday marked the first daily – and […]

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Ethereum Bulls Defend Crucial Support, But Outlook Remains Gloomy

Despite navigating down towards its crucial support at $220, Ethereum’s buyers were able to defend against a break below this level The cryptocurrency now appears to be well-positioned to maintain above this level in the near-term, as buyers are currently ardently defending another crucial support level That being said, on its daily chart the cryptocurrency does appear to be flashing some signs of overt weakness One group of analysts recently noted that the recent break […]

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Bitcoin Price Has 8 Hours to Close Above Crucial $5,500 Level: Why It’s Important

Bitcoin has had a tough week, to say the least; after peaking at $9,200 on Saturday, the cryptocurrency started a precipitous decline, falling through support level after support level as if they were irrelevant.

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Bitcoin Visits Key Support Level as Risk of Further Losses Grows

Bitcoin (BTC) has surrendered the majority of the upwards momentum that it incurred earlier this week and is now sitting at a key support level that bulls must hold if they want to propel the crypto any further in the near-term.

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Bitcoin Price Analysis: Bullish Market Structure Upheld Following Strong Sell Off

Summary:Although we saw a strong sell off yesterday, the bullish market structure has yet to be violated. The weekly support has been confirmed for the time being and our parabolic advance is still intact.

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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation.

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Bitcoin (BTC) Stable Above $3,400, But Analyst Claims “Darker Days Still Lie Ahead”

Following Bitcoin’s relatively volatile week, it appears to have established $3,400 as a level of support, but BTC still faces growing resistance around $3,500 as it has tried and failed on multiple occasions to break above this price level.

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Ethereum Price Action – ETH Tests Key Support Near $100 Level

Ethereum is currently testing a support a level just above the key $100 level. $102.7 is coming into play support and price has already tested the level a number of times. The price fell to this level after a brief recovery which took place on Wednesday failed to overcome resistance at an important Fibonacci retracement […] Ethereum Price Action – ETH Tests Key Support Near $100 Level was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

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XRP Daily Price Forecast – February 1

XRP/USD Medium-term Trend: Bearish Resistance Levels: $ 0. 61, $0. 63, $ 0. 65 Support Levels: $0. 28, $0. 26, $0. 24 Yesterday, January 31, the XRP price was in the bearish trend zone. Yesterday, the bulls failed to break the resistance at the $0.

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Litecoin (LTC) Daily Price Forecast – February 1

LTC/USD Medium-term Trend: Bearish Resistance Levels: $66, $68, $70 Support Levels: $30, $28, $26 Yesterday, January 31, the price of Litecoin was in a bearish trend zone. While in a bullish trend, it reached the high of $32 and was resisted.

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Crypto Market Update: Litecoin (LTC), Bitcoin Cash, Tron (TRX), XLM Price Analysis

The total crypto market cap failed to stay above the $110. 00B support and declined sharply. Litecoin (LTC) price is consolidating losses above the $30. 00 support level. Bitcoin cash price corrected lower and it could test the $110 support level.

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Ripple Price Analysis: XRP Rally Unravels, Crucial Support Nearby

Ripple price faced a strong resistance near the $0. 3330 level and declined sharply against the US dollar. There is a major bullish trend line in place with support at $0. 2920 on the hourly chart of the XRP/USD pair (data source from Kraken).

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Ethereum Price Analysis: ETH Resumes Decline, Can $100 Hold Losses?

ETH price failed to hold gains above the $105 level and declined sharply against the US Dollar. There was a break below a major bullish trend line with support at $105 on the hourly chart of ETH/USD (data feed via Kraken).

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XRP Daily Price Forecast – January 31

XRP/USD Medium-term Trend: Bullish Resistance Levels: $ 0. 61, $0. 63, $ 0. 65 Support Levels: $0. 30, $0. 28, $0. 26 Yesterday, January 30, the XRP price was in the bullish trend zone. On January 29, the XRP price fell to its previous low of $0.

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Litecoin (LTC) Daily Price Forecast – January 31

LTC/USD Medium-term Trend: Bullish Resistance Levels: $66, $68, $70 Support Levels: $30, $28, $26 Yesterday, January 30, the price of Litecoin was in a bullish trend zone. On January 29, the LTC price fell to a low of $30.

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Ethereum (ETH) Daily Price Forecast – January 31

ETH/USD Medium-term Trend: Bullish Resistance Levels: $240, $250, $260 Support Levels: $100, $90, $80 Yesterday, January 30, the price of Ethereum was in a bullish trend zone. On January 28, the ETH price fell to the low of $105.

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Ripple (XRP) Price Primed For More Gains Versus Bitcoin (BTC)

Ripple price formed a solid support near the 0. 0000820BTC level against bitcoin. XRP rallied above 0. 0000940BTC and it could continue to gain toward 0. 000100BTC. Key Talking Points Ripple price rallied sharply and broke the 0.

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Ripple (XRP) Surges Amidst Widespread Crypto Market Recovery

Earlier this week, the crypto markets experienced a bloodbath that was the direct result of Bitcoin failing to hold above its support level that existed around $3,550. Bitcoin’s ensuing drop led most cryptocurrencies to plunge 10% or more, from which many of them have since recovered.

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Analyst: Bitcoin (BTC) Likely to Climb Back Above $3,500 After Finding Support at $3,400

Earlier this week, Bitcoin (BTC) failed to uphold its previously established support level around $3,550, which led to a sharp drop to $3,400. Although at the time of this drop many analysts expected BTC’s main region of support to exist around its 2018 lows at approximately $3,200, the cryptocurrency was able to find support at.

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Litecoin (LTC) Daily Price Forecast – January 30

 LTC/USD Medium-term Trend: Bearish Resistance Levels: $66, $68, $70 Support Levels: $30, $28, $26 Yesterday, January 29, the price of Litecoin was in a bearish trend zone. The LTC price seems to have found support at the $30 price level.

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Litecoin (LTC) Price Analysis: Strong Bull Run In Making?

Litecoin price is forming a strong support near the $29. 80 level against the US Dollar. LTC could start a major uptrend as long as it is consolidating above the $29. 80 support. Key Talking Points Litecoin price is consolidating above the key $29.

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Ethereum (ETH) Daily Price Forecast – January 30

ETH/USD Medium-term Trend: Bearish Resistance Levels: $240, $250, $260 Support Levels: $100, $90, $80 Yesterday, January 29, the price of Ethereum was in a bearish trend zone. The ETH price has been testing the $100 price level in the last two days.

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Bitcoin Trades Flat Following Yesterday’s Drop, Where is BTC Heading Next?

After an extended period of sideways trading, Bitcoin (BTC) experienced a large downwards swing yesterday that caused the cryptocurrency to break below it previously established support level in the low-$3,500 region.

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IOTA Price Action: Doji Candle and Potential Bear Flag Forming

When Fibonacci retracements levels are drawn from December lows to early January highs, most top cryptocurrencies have managed to maintain their price above the 0. 618 level. However, IOTA is trading more bearishly with price dropping below the 0.

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Ethereum Price Analysis: ETH/USD Trends of January 29–February 04, 2019

CoinSpeaker Ethereum Price Analysis: ETH/USD Trends of January 29–February 04, 2019 Should the demand level of $101 hold, Ethereum price may bounce, rally to the north and have its resistance at $131supply level, if not, ETH price will fall further and may find its support at the demand level of $85.

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EOS Daily Price Forecast – January 29

EOS/USD Medium-term Trend: Bearish Resistance levels: $ 6, $7, $8. Support levels: $3, $2, $1. Yesterday, the price of EOS was in the bearish trend zone. The price of EOS fell to its previous low at $2.

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Litecoin (LTC) Daily Price Forecast – January 29

LTC/USD Medium-term Trend: Bearish Resistance Levels: $66, $68, $70 Support Levels: $30, $28, $26 Yesterday, January 28, the price of Litecoin was in a bearish trend zone. The LTC price fell to the low of $30 and commenced a bullish movement to the EMAs.

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Bitcoin (BTC) Daily Price Forecast – January 29

BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,300, $3,200, $3,100 Yesterday, January 28, the price of Bitcoin was in the bearish trend zone. The BTC price was in a bearish trend breaking the $3,500 price level.

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Bitcoin Price Watch: BTC Bears Eyeing Test of $3,000

Bitcoin price extended its decline and traded below the $3,440 support level against the US Dollar. There is a major bearish trend line formed with resistance at $3,460 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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Tron (TRX) Price Analysis: Support Holds, Bulls Aim Higher

Tron has formed higher lows to trade above a newly-formed rising trend line visible on its 1-hour chart. Price also completed its pullback as the area of interest at the trend line and 200 SMA is holding as support.

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Bitcoin (BTC) Price Analysis: Channel Support Bounce, Next Targets

Bitcoin found support at the bottom of its descending channel on the 1-hour time frame and looks due for a pullback to the top. Applying the Fibonacci retracement tool shows the next potential resistance levels.

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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December.

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Bitcoin: BTC Stabilizes After Sinking Below $3,500, Analysts Claim it is Likely to Drop Further

Following a long period of sideways trading, Bitcoin (BTC) has now broken down below its previously established support level around $3,500. Today’s drop appears to have allowed BTC to establish support in the $3,400 region, but further volatility could easily push it down towards $3,000, where the cryptocurrency has significant buying pressure.

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Bitcoin [BTC] Price Action: Bearish Start to the Week for the Top Cryptocurrency

Price has been testing support at $3476 several times over the past week. Each test makes the level weaker with fewer buyers to hold the level on each retest. Price finally broke below this level today and looks likely to close below as traders are accepting prices below the level and not quickly bringing the […] Bitcoin [BTC] Price Action: Bearish Start to the Week for the Top Cryptocurrency was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

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Ethereum (ETH) Daily Price Forecast – January 28

ETH/USD Medium-term Trend: Bearish Resistance Levels: $240, $250, $260 Support Levels: $100, $90, $80 Last week the price of Ethereum was in a bearish trend zone. The bulls failed to break above the 12-day EMA and the 26-day EMA as the crypto traded below the $120 price level. The 12-day EMA and the 26-day EMA […]

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Bitcoin (BTC) Daily Price Forecast – January 28

BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,500, $3,400, $3, 300 Last week the price of Bitcoin was in the bearish trend zone. The BTC price was fluctuating above the $3,600 price level all through the week.

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Ripple’s XRP: Price Falls Below Key Support After a Week of Consolidation

Last Sunday, XRP fell from resistance at $0. 335 to support at $0. 312 as bearish movements took place across the market. The price of XRP spent the majority of the week consolidating above $0. 312.

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