Bitcoin Price Remains Within A Narrow Range, What’s Next For The Bears?

Bitcoin price has been moving within a restricted range for over a week now. The coin had attempted to move north over the past few days. However, it has not managed to trade near the $20,000 mark.

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Ripple (XRP) Price Analysis (May 13)

Key Highlights • XRP/USD market operations trade in a tight range zone below $0. 20 mark. • Bears tend to be gaining grand around the $0. 20 range trading line at the expense of bulls’relaxation. • It is most likely that the current range price moves will linger on for a while.

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This Scary Fractal Suggests Bitcoin Price Is On Its Way to $3,000

Over the past few weeks, Bitcoin (BTC) has been consolidating in the range around $7,000, seemingly stuck in between a rock and a hard place. Indeed, the cryptocurrency has many times bounced in the mid-$6,000s, where there is macro support, and has been rejected multiple times in the resistance band around the high-$7,000s.

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Bitcoin Wizard Called $29k by Feb this Year, Will it Happen?

It’s 2020 already, and bitcoin’s price is still wallowing in the $7000 – $8000 range. However, one prediction from an anonymous 4chan account says that things are about to turn bright for BTC in the month of February.

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Ethereum (ETH) Price Primed For More Upsides Unless It Breaks $120

Ethereum is currently trading in a range below the $130 and $132 resistances against the US Dollar. The price is likely to bounce back as long as it is trading above the $120 support. There is a major bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via... The post appeared first on NewsBTC.

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Price Analysis Jan 01: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XTZ, XLM

Numerous cryptocurrencies remain in a phase of range bound price action but Bitcoin appears to be gearing up for a sharp move soon

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Ravencoin Could Make a Move Towards Range Highs [Premium Analysis]

The Ravencoin price has been trading inside a range since August 9. It has initiated two upward moves towards the top of the range at 460 satoshis, between September 25 and October 12 and December 1-7.

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Bitcoin's double bottom close to failing; sub-$6,000 levels on the horizon

Bitcoin's price has been under the $7,600 range for over a month now. Even with 3 major retests of the resistance at $7,660, Bitcoin's price hasn't managed to breach it. With the formation of a doubleThe post Bitcoin's double bottom close to failing; sub-$6,000 levels on the horizon appeared first on AMBCrypto.

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Bitcoin, Ethereum Set to Close Year with Gains, XRP Shows Heavy Losses

Bitcoin and Ethereum are set to close the year with gains. Meanwhile, XRP is on track to post heavy losses. Bitcoin Bitcoin tested towards the lower end of its short-term trading range on the last trading day of December, as cryptocurrency traders looked to the BTC/USD pair’s yearly price close.

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Bitcoin Analysis for 2019-12-31 [Premium Analysis]

The Bitcoin price is possibly trading inside of a head and shoulders pattern. A breakdown that travels the entire height of the pattern would take the price to the low of the range near $6600. Bitcoin Price Highlights The Bitcoin price is trading below the 100- and 200-hour moving averages (MAs).

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Bitcoin Price Needs to Break $7.8K to Turn Bullish

Bitcoin (BTC) is once again stuck in a range, moving for weeks between support and resistance levels around $7,000 to $7,500. Now, new analysis pegs a support of $7,800 as a sign of a new bullish trend.

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Price Analysis Dec 30: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XTZ

Bitcoin appears to be settling into a tight range and the completion of the most recent relief rally has traders wondering when bulls will regain momentum

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This Key Trend Shows the Real Bitcoin Bottom May Be In

Bitcoin’s price has been stuck within a firm and unwavering trading range within the lower-$7,000 region over the past week, with each attempt to rally being quickly rejected by aggressive selling pressure that has led BTC to remain stuck around its current price levels.

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Cardano May Revisit Its Range Lows, Says Analyst [Premium Analysis]

The ADA price has decreased by 75% since the beginning of April. It has created an ascending triangle, out of which we believe it will break out. However, due to the gradual slope of the pattern, this breakout could take months to materialize.

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Bitcoin Price Poised to Press $8,000, Analysts Assert After 4% Drop

At long last, Bitcoin (BTC) has started to show signs of life. Over the past 48 hours, the cryptocurrency has pressed higher, moving past the tight range in the $7,100s it was stuck in for days. Related Reading: CME Futures Data: Institutions Still Wary Despite Bitcoin’s Bullish Signs By Monday morning, the cryptocurrency was trading as.

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Why Analysts Across the Board Expect Bitcoin Price to Surge by 8%

After days of no price action, Bitcoin (BTC) has started to show signs of life. The leading cryptocurrency broke higher on Sunday morning, pushing past the $100 range that had defined Bitcoin’s price for the better part of three days.

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Why Bitcoin Price Is On Its Way to $7,900 From Here: Analyst

Over the past few hours, Bitcoin (BTC) has finally started to show signs of life. After trading in a literal $100 range for over 24 hours, the cryptocurrency broke higher just recently, with bulls stepping in as the week comes to a close.

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Bitcoin Price Poised to Tumble in Coming Week, CME Futures Statistic Predicts

Statistics show that the Bitcoin price may be on the verge of seeing a red week. No, by red I don’t mean Christmas, I mean a week in which the cryptocurrency falls, potentially to enter back in the range of the $6,000s.

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Bitcoin may revisit $7,400-$7,600 zone in the next 24 hours

The price of Bitcoin fell to $6,500 range on December 18, soon thereafter, the price saw a spontaneous rise to $7,400, a 15% pump in 10 hours. With longs hitting an all-time high on Bitfinex, this uneThe post Bitcoin may revisit $7,400-$7,600 zone in the next 24 hours appeared first on AMBCrypto.

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Stratis Is in the Process of Breaking Out: Is the Movement Legitimate? [Premium Analysis]

The Stratis price is in the process of breaking out above a significant resistance area. However, the breakout does not have significant strength. On December 15, the Stratis price broke out from its four-month trading range.

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Gold Price Poised for 16% Yearly Gain as Real Interest Rates Plunge

2019 was the year gold finally broke out of its dismal trading range. 2020 offers the same upside as real interest rates fall. The post Gold Price Poised for 16% Yearly Gain as Real Interest Rates Plunge appeared first on CCN.com

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Tone Vays: Bitcoin Most Probably Won’t Dip to $3,000 Again

This cycle of bitcoin price slides will not lead to a deeper crash, and prices of $3,000 are improbable, commented analyst and crypto influencer Tone Vays. Downward Bitcoin Price Move to Stop Long Before Dip to $3,000 Bitcoin (BTC) price is in a sliding stage, but the bottom will be reached before the coin dips to the $3,000 range, Tone Vays commented on Twitter.

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Why This Analysis Puts Ethereum Bottom At $55

Price predictions using technical analysis can produce a wide range of results for a crypto asset. One analyst has predicted an Ethereum capitulation into double digits if the current trend continues.

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What’s in Store for the MATIC Price After Its Rapid Decrease?

The MATIC price has found support after its rapid decrease. In the short-term, it is likely to continue consolidating within the newly created trading range. On December 10, MATIC was the subject of a very rapid price decrease, which caused the price to lose 70% of its value in a matter of hours.

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Bitcoin Analysis for 2019-12-17 [Premium]

The Bitcoin price broke down below $7000 and is trading at the bottom of the range at $6900. It is also trading near the end of the current descending wedge, suggesting that a breakout will occur within the next few days.

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Stratis Finally Breaks Out, How Long Will the Rally Continue? [Premium Analysis]

On December 15, the Stratis price broke out above its long-term trading range. Since then, it has increased by roughly 25%. Many signs were pointing to this breakout, which we noted in our previous price analysis that predicted a breakout would soon transpire.

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Is Theta Breaking out From Its Trading Range? [Premium Analysis]

The Theta price has increased by 42 percent over the past six days. A daily close above 1400 satoshis would likely indicate that we are heading towards the next resistance area at 1800 satoshis. The upward move began on December 14, when the price was trading near 4000 satoshis.

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Analysts Fear the Worst as Bitcoin Price Readies to See 20% Breakout

Over the past week, Bitcoin has found itself flatlining, establishing a tight range in the low-$7,000s as volume tapers off. This consolidation has forced the Bollinger Bands, a moving average-based technical analysis tool often used by traders looking for more information about trading ranges and volatility, for Bitcoin to reach extremely tight levels, implying that.

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Analysts expect Bitcoin to falter as price fails to break past low-$7,000s

Over the past week, Bitcoin has found itself flatlining, establishing a tight range in the low-$7,000s as volume tapers off. This consolidation has forced the Bollinger Bands, a technical analysis tool often used by traders looking for more information about trading ranges and volatility, for Bitcoin to reach “squeeze” levels, implying that volatility is on […] The post Analysts expect Bitcoin to falter as price fails to break past low-$7,000s appeared first on CryptoSlate.

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Bitcoin Price Diary: Long BTC and Profitable on Many Altcoin Positions

Bitcoin continues to trade sideways in a tightening range and this is giving altcoins the green light to continue their multi-week rally

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Stratis Will Increase Rapidly If It Moves Above 4500 Satoshis, Predicts Trader

Stratis has been trading in a range since August 2019. This movement has the characteristics of the consolidation phase, after which a new bullish market cycle is expected to begin. The trading range of this consolidation has a magnitude of 40%, and the price has tested both the resistance and support areas several times.

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Bitcoin Analysis for 2019-12-13 [Premium]

The Bitcoin price is trading inside a minor range between $7150-$7350. It broke out from a descending wedge and is currently heading towards the resistance line. The price has also created a double bottom at $7150, giving more plausibility to the possibility of an upward move.

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Bullish and Bearish Bitcoin Price Scenarios Outlined by Trader

The Bitcoin price has found support above $7100 and might initiate an upward move towards the range high. The long-term outlook, however, remains bearish. The Bitcoin price has been gradually decreasing since reaching a high of $7750 on December 9.

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Bitcoin Analysis for 2019-12-12 [Premium]

The Bitcoin price is trading inside of a major trading range between $6900-$7600 and minor one between $7150-$7350. It validated the resistance line of the latter before retracing to support. The Bitcoin price is trading inside a short-term bullish pattern, which suggests a breakout towards $7350 will occur.

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Bitcoin Analysis for 2019-12-11 [Premium]

The Bitcoin price has decreased to the middle of the $6900-$7600 trading range. The price is at a very important level. A breakdown below $7100 would cause it to fall below significant long-term support.

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Bitcoin Halving Could Leave Price at $20K-$50K, Hedge Fund Manager Says

Bitcoin's mining-reward halving in May 2020 could leave prices for the cryptocurrency in a range between $20,000 and $50,000, according to a new estimate.

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Ethereum (ETH) Stuck In Range Below Key Resistance, Bitcoin Struggling

Ethereum is struggling to clear the key $152 resistance area against the US Dollar. The price is declining and it is now trading near the $146 support area. Yesterday’s major bullish trend line was breached with support near $148 on the hourly chart of ETH/USD (data feed via Kraken).

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XRP's bull flag pattern could hoist price high

XRP's price was hovering between the $0.21-$0.25 range for a long time now. A much-needed breakout to the positive side could be in the offing as XRP bulls take position to take over. The coin was traThe post XRP's bull flag pattern could hoist price high appeared first on AMBCrypto.

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Bitcoin's fractals suggest BTC's journey towards $6,200 in the near future

Bitcoin's journey through 2019 has been extremely volatile; starting at $3,000 and reaching a high of $13,800. Bitcoin's price seems to be stuck in the $7,000 range for more than two weeks and the patThe post Bitcoin's fractals suggest BTC's journey towards $6,200 in the near future appeared first on AMBCrypto.

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BitMEX Open Interest Continues To Dictate Crypto Volatility

Bitcoin price is trading within a tight range as of late. Even the few surges here and there in either direction, have resulted in the leading crypto by market cap falling back into the current range.

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Lack of Liquidity Near Current Bitcoin Price Hints at Targets Near $6900, $7900

Bitcoin price has been trading within a tight trading range over the past week, making a few sharp stop runs in the process to liquidate over-leveraged margin traders. One prominent crypto trader says that the stop runs are due to the complete lack of liquidity near the current Bitcoin price, and that they will continue.

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Lack of Liquidity Near Current Bitcoin Price Hints at Targets Of $6900, $7900

Bitcoin price has been trading within a tight trading range over the past week, making a few sharp stop runs in the process to liquidate over-leveraged margin traders. One prominent crypto trader says that the stop runs are due to the complete lack of liquidity near the current Bitcoin price, and that they will continue.

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Bitcoin Price Will Top $13,000 in Early 2020, Analyst Confirms

Crypto analyst, Philip Swift, predicts that the upcoming halving next year will catalyse a change in market sentiment and propel Bitcoin price back to five figures. Bull Market Imminent At the moment bitcoin price is still consolidating in the mid-$7,000 range.

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Bitcoin Investor Psychology, Not Just Fear and Greed

During its three major price cycles, Bitcoin investor behavior has demonstrated a more nuanced range of emotions than just fear and greed. Coin Metrics examined Bitcoin investor behavior during the three major BTC cycles around peaks, lows, and mid-cycle corrections.

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ETH/USD: Is Ethereum Underpriced?

Coinspeaker ETH/USD: Is Ethereum Underpriced?Ethereum price continues to consolidate within a narrow trading range between the level at $143.33 and $157.73.ETH/USD: Is Ethereum Underpriced?

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Will a Verge Hardfork Push the Privacy Coin to Past Highs?

The Verge (XVG) price initiated an upward move on November 14. It has been consolidating since — trading in a range between 47 and 65 satoshis. A breakout would likely take it near 100 satoshis.

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Bitcoin Cash Facing Uphill Task, BTC & ETH Consolidating

Bitcoin cash price is facing a strong resistance near the $216 and $218 levels against the US Dollar. The price is currently consolidating in a range above the $210 support area. There is a major bearish trend line forming with resistance near $215 on the hourly chart of the BCH/USD pair (data feed from Kraken).

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Analyst Explains Why Bitcoin Price Could Plummet to $2,020 in 2020

An analyst says bitcoin could crash to $2,000 to $3,000 range as…

The post Analyst Explains Why Bitcoin Price Could Plummet to $2,020 in 2020 appeared first on CCN.com

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Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit

Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0. 12 per kWh are profiting at current prices.

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