XRP: Amidst broader market dip, these are the key levels to look out for

2021-12-4 14:00

The crypto market has massively shed value over the past few trading sessions. The global crypto market cap, which had breached the $3 trillion level recently, was seen back at $2.24 trillion, at the The post XRP: Amidst broader market dip, these are the key levels to look out for appeared first on AMBCrypto.

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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above.

2019-2-26 02:42


2019 Dow Recovery ‘Nothing More Than a Bear Market Rally’

The Dow Jones Industrial Average and wider US stock market have made extraordinary recoveries in 2019, but several equities analysts warn that stocks remain firmly in a bear market. Stock Market Recoveries Following Sell-Offs Are Head Fakes A former adviser to the president of the Dallas Federal Reserve, Danielle DiMartino Booth, wrote in a Bloomberg op-ed that the Dow’s push past 26,000 from its late December low is just a “head fake.

2019-2-26 01:17


Newsflash: Sunday Crypto Bloodbath Sees $11 Billion Wipeout Within Minutes

On February 24, following an impressive short-term rally from February 21 to 23, the valuation of the crypto market plunged by $11 billion from $141 billion to $130 billion. Several analysts have suggested that the inability of Bitcoin to break out of the $4,200 mark, a crucial resistance level for the dominant cryptocurrency, led most crypto assets to retrace.

2019-2-24 18:25


Breaking: $15 Billion Wiped Out Of The Crypto Market In Less than 1 Hour

The Crypto Markets have been taking a bullish path but things seem to have changed in the last hour, the Market cap has dropped in a flash crash from $146 Billion to $129 Billion at Press Time. The Bitcoin price has seen a sharp decline from $4,200 to the current price of $3,850, the bears […] The post Breaking: $15 Billion Wiped Out Of The Crypto Market In Less than 1 Hour appeared first on ZyCrypto.

2019-2-24 18:20


After Predicting a $1 Million Price Point for Bitcoin, John McAfee Settles on a “Hard Date”

The bear market has taken over the crypto industry for a while now, but the recent upswing of Bitcoin has urged proponents to come out of the woodwork with predictions. While there’s been bets and possible milestones believed that Bitcoin will be on the way to reach, US Presidential Candidate and former supporter of ICOs, […]

2019-2-23 02:50


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant.

2019-2-23 02:23


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months.

2019-2-20 01:38


Where To Find The Most Profitable Cryptocurrency Coins To Mine During Bear Market Season?

A Miners Frosty Winter – How To Survive The Bearish Market As A Crypto Miner If the cryptocurrency marketplace hasn't been a merry and optimistic one for the average cryptocurrency investor, spare some thought for what the outlook is for the average crypto miner out there, especially for mining companies that deal with this on […]

2019-2-19 00:41


Newsflash: Amazon Leads Massive $700 Million Funding Round in Tesla Competitor Rivian

Elon Musk and Tesla had better watch out because tech conglomerate Amazon just led a massive $700 million funding round in electric vehicle competitor Rivian. Amazon Leads Major Funding Round in EV Startup Rivian The Michigan-based Rivian has sought to carve out a segment of the burgeoning electric vehicle market by focusing its efforts on building pickup trucks and SUVs.

2019-2-15 17:36


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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place.

2019-2-15 00:21