VeChain At Risk Of Further Losses? VET Price Drops 30% In Downtrend

The crypto market continues on its downtrend, and VeChain (VET) follows after expiring some relief over the last weekend. The cryptocurrency recently breached a major level of support and seems poised to expand its downside price action.

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Is Bitcoin Really ‘Dead’? Expert Believes ‘Not’

Most of the cryptocurrencies including the digital gold, Bitcoin (BTC), have been seeing a downtrend since Nov. 2021, when the markets were at their best and crypto hit an all-time high of $3 trillion.

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Crypto Market Crash Pauses Commercial Deals With Sports Firms

The current downtrend of the crypto market has negatively affected financial institutions, particularly those dealing with digital currencies. Currently, some firms are beginning to feel the heat from a different angle.

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DeFi Total Value Locked (TVL) Declines 35% In One Month To 15-Month Lows

The decentralized finance (DeFi) market has taken a massive hit with the recent crypto market downtrend. The space which had been the breakout star of 2021 had quickly begun losing all of the value accrued during the bull market.

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Chainlink’s downtrend could stop if this support holds

Crypto has come into focus over the last few days after a major crash.…

The post Chainlink’s downtrend could stop if this support holds appeared first on CoinJournal.

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Crypto Market Consolidates Off Biggest Rate Hike in 28 Years

Defying bearish expectations, the crypto market appears to have stabilized around the Federal Reserves commitment to aggressive rate hikes. Crypto Breaks Downtrend The crypto market appears to have stabilizedfor now....

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Axie Infinity [AXS] gearing up for a rally but do its buyers have enough strength

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The crypto market has been in a strong downtrend over the pastThe post Axie Infinity [AXS] gearing up for a rally but do its buyers have enough strength appeared first on AMBCrypto.

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Axie Inifnity [AXS] gearing up for a rally but do its buyers have enough strength

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The crypto market has been in a strong downtrend over the pastThe post Axie Inifnity [AXS] gearing up for a rally but do its buyers have enough strength appeared first on AMBCrypto.

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More Than 253,000 Traders Liquidated As Crypto Bloodbath Continues

The crypto bloodbath has left thousands of traders in a bad way. A rapid decrease in price has seen more than 240,000 traders rekt in the span of 24 hours. As the downtrend continues, more investors are added to the long line of losers, most of which have been long traders.

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Crypto Market Downtrend Resumes, Here’s What Ethereum Whales Are Buying

The crypto market had been able to pause its downtrend, causing digital assets like Bitcoin and Ethereum to recover once more. However, the recovery will only be short-lived as the price of Ethereum crashed in the middle of Monday.

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Avalanche [AVAX]: Positivity looks abound in the ecosystem but here's the caveat

Terra's unfortunate de-pegging event made May a bloody month for the overall crypto ecosystem. Despite the obvious downtrend, one particular ecosystem, Avalanche showcased some promising developments.

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Arthur Hayes Says Ethereum (ETH) Could Reach $10K Level By The End Of Year

Arthur Hayes, the youngest crypto billionaire of American Africa and the former CEO and co-founder of the derivatives platform BitMEX, predicted Ethereum could hit $10,000 by the end of 2022. Notably, Hayes once speculated a downtrend in Ethereum’s price in an April blog post that came true.

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Bitcoin NUL Suggests More Downside To Come Before The Bottom

On-chain data shows the Bitcoin NUL indicator is still below a value of 0. 5, a sign that more downtrend could be in store for the crypto before the bottom is in. Bitcoin Net Unrealized Loss Surges Up, But Still Remains Below 0.

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Bitcoin Dominates Derivatives Market To End May On A High Note

Bitcoin’s dominance of the crypto market has been on the rise. This naturally comes with every downtrend in the market because although bitcoin takes a hit, the altcoins always record the worse losses, leaving them with less dominance of the market.

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Crypto Analyst Says Cardano, Avalanche and Two Others Have Potential To Perform Well In Bear Trend 

As the crypto market started recovering after Bitcoin experienced nine red weeks, some crypto projects have recorded incredible performance. That highlights their strength in a downtrend. Crypto analyst, Austin Arnold, expressed to his Youtube community what aspects they need to consider while choosing a project to invest in a bearish market.

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Bitcoin Open Interest Nosedives, But All Hope Is Not Lost

Bitcoin open interest has been on a downtrend recently. This is not surprising given that the price of the digital asset had also been declining in recent times. The past week has seen this downtrend mostly driven by movements on the crypto exchange, Binance.

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Experts Say Ethereum Will Grow 100% To Hit $5,783 By Year-End

Ethereum remains one of the most successful cryptocurrencies in the market, although its current price does leave a lot to be desired. It has not been spared from the general market downtrend that has rocked the crypto space and has since lost its footing above $3,000, a crucial point for the digital asset.

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Terra, STEPN, Waves Price Analysis: 09 April

Bitcoin slipped beneath the $44k area and retested it as an area of supply the previous day, and there was selling seen across the crypto market. Terra and STEPN have been on a downtrend on the lower The post Terra, STEPN, Waves Price Analysis: 09 April appeared first on AMBCrypto.

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Hedera (HBAR) remains above crucial support zone despite recent drop – Can it reverse the downtrend?

The general weakness seen in the crypto market over the last few days has… The post Hedera (HBAR) remains above crucial support zone despite recent drop – Can it reverse the downtrend? appeared first on Coin Journal.

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Dogecoin Continues On A Downtrend Post A Mini Revival

The crypto market overall noted gains in the last 24 hours reversing certain effects of the recent bloodbath. Dogecoin on the other hand particularly saw some extreme choppiness over the past week or so.

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Why Bitcoin Won’t Crack Over Fresh Bear Assault, Next Potential Target For BTC

Bitcoin continues to trade to the downside after it was rejected at around $45,000 last week. The crypto market, in general, has been following a downtrend with Ethereum (ETH), Binance Coin (BNB), XRP, Cardano (ADA), and others recoding over 10% losses in the past 7-days.

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Comparing Apple’s Growth With Bitcoin, Why This Expert Sets $700K As Long-Term Goal

Bitcoin could be back on a downtrend as the bulls struggle to protect the $40,000 mark. The first crypto by market cap was rejected at around $44,500 and has been unable to reclaim previous highs as the bears threaten with pushing it back to the lows around $30,000.

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Bitcoin Mining Stocks Lose 50-60% Value Since Crypto Price Peak

Bitcoin mining stocks have drastically collapsed since November following the effect of the hashrate’s 23% growth and bitcoin’s downtrend on the miner’s rewards. Mining Stocks Sharp Decline Arcane Research data shows that the largest bitcoin mining stocks have collapsed since November after being caught up in the market’s volatility.

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Fund inflows support Bitcoin's recovery story, but this crypto continues to lag

The month of January was responsible was a downward spiral in the crypto-market. And, the downtrend was also responsible for reducing fund flows for all digital assets. However, for the third straightThe post Fund inflows support Bitcoin's recovery story, but this crypto continues to lag appeared first on AMBCrypto.

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Cardano defies market-wide downtrend as correlation to Bitcoin plummets

After facing some overt weakness earlier this week, Cardano’s bulls have come back swinging, propelling ADA up by nearly four percent as the aggregated crypto market flashes some signs of weakness.

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These Three Factors Suggest Bitcoin is Already in a Strong Downtrend

It has been a rough week for Bitcoin. The benchmark crypto rallied to highs of $9,800 just a few short days ago before once again being met with massive selling pressure that caused it to slide lower.

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Why This Trader Thinks Ethereum Will Rocket To $300 and Defy Crypto Downtrend

Ethereum has declined over the past 24 hours alongside Bitcoin and the aggregated cryptocurrency market. Despite flashing some signs of strength in recent times, this has not been enough to break its tight correlation with BTC.

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Report Shows That 25% of Major Institutions are Long on Bitcoin

Institutions have long been looked upon as the group that could help boost the crypto markets up to fresh all-time highs It does, however, appear that many big-name institutions already have long exposure to Bitcoin and other digital assets This exposure may still remain fairly limited, giving the market significantly further room for growth in the months and years ahead Ever since Bitcoin and the aggregated crypto market began their multi-year downtrend in 2017, investors […]

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Analyst: Bitcoin May See an Extended Bear Market Until September 2020

Bitcoin’s halving came and went, but no major uptrend has begun as crypto investors had been hoping. And although the leading crypto asset by market cap has rallied steadily from lows, another three-month-long downtrend and extension of the bear market may be ahead.

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60% of Ethereum hasn’t been moved in a year; will this bolster its uptrend?

Ethereum has found itself caught within an intense uptrend over the past day, with its overnight upswing invalidating the firm downtrend that the crypto has been caught within against its Bitcoin trading pair.

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Bitcoin Analysts Eye Move to $7,000 Region as Support Begins Dissolving

Bitcoin has faced some mounting downwards pressure today that has led it to its key support within the lower-$9,000 region This downtrend comes after a series of strong rejections at $10,000, and was triggered by news of a 2009 BTC wallet moving crypto around This decline has led the crypto to invalidate a previously bullish technical formation, and analysts are now expecting it to see further downside in the days ahead Bitcoin is rapidly approaching […]

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Ethereum Could Narrowly Avoid a Major Downtrend if it Closes Above One Key Level

Ethereum has been able to capture some notable upwards momentum today, surging towards its key near-term resistance at $210 as the aggregated crypto market pushes higher. This has allowed the crypto to narrowly avoid seeing massive losses stemming from a previously bearish market structure that it had formed. ETH isn’t completely out of the woods...

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It’s Decision Time for Ethereum as Analysts Eye Full Retrace of Uptrend

Ethereum has been hit hard by the recent market-wide downtrend Analysts now expect ETH to surrender all of the gains that it posted over the past couple of weeks Ethereum has been particularly impacted by the crypto market’s recent downturn, with the second largest cryptocurrency erasing the vast majority of the gains that were incurred as the result of its recent uptrend seen last week.

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XRP Performed the Worst among Altcoins in 2020

Despite Ripple’s best efforts to speed the adoption of XRP, the number three altcoin is stuck in a downtrend that may see it reach new lower lows. High Levels of...The post XRP Performed the Worst among Altcoins in 2020 appeared first on Crypto Briefing.

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This Simple Indicator Shows Bitcoin Could be Poised for a Major Bounce

It has been a rough past few days for Bitcoin (BTC) and the aggregated cryptocurrency market, with the benchmark crypto’s ongoing downtrend leading most major altcoins to see capitulatory selloffs. This bout of significant downside is occurring against a backdrop of bearishness within the global markets, and BTC’s confirmed status as a “risk-on” asset seems...

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This Crypto’s 10% Plummet Could Provide Ideal “Buy the Dip” Opportunity

The aggregated crypto market has been caught within a firm downtrend over the past several days and weeks, but one top crypto has been able to buck this trend, rallying to fresh all-time highs against its Bitcoin trading pair yesterday before incurring a selloff today.

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3 Ways to Protect Your Crypto Portfolio in a Bitcoin Downtrend

Although many cryptocurrencies have experienced tremendous gains in the last several years, this meteoric growth hasn’t been without frequent periods of decline. During these times, long-term holders can either assume these losses will be transient or negligible in the long run or take measures to protect their portfolios and maximize their overall profitability.

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Altcoins Break Out Against Bitcoin After Six Months Of Sideways

The crypto market is currently the most explosive its been since the 2017 crypto bubble, with Bitcoin and individual altcoins smashing through downtrend resistance and going on insane rallies. Altcoins have also broken out against Bitcoin after six full months of sideways trading, suggesting that an alt season is on the horizon.

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Bitcoin Just Formed a Golden Cross, Restoring Faith in A Crypto Bull Run

The bullish Bitcoin rally of 2020 has helped push the leading crypto asset out of a six-month downtrend and two-year-long bear market. The buying pressure from FOMOing crypto investors just caused a golden cross to occur on price charts, which could very well signal the start of a new uptrend that could take Bitcoin to... The post appeared first on NewsBTC.

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XRP Breaks Out of Two-Year Downtrend Against Bitcoin and the Dollar

XRP is the talk of the crypto space today, after rallying over 7% in a matter of minutes towards a high of 27 cents per XRP token. The surge is the result of a breakout on both the XRP/USD and XRP/BTC trading pairs, indicating that Ripple will so rally against the dollar and Bitcoin itself.... The post appeared first on NewsBTC.

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Bitcoin is Setting Up For a Violent Long Squeeze, Which May Trigger New Lows

Bitcoin bulls across the crypto market have been celebrating their recent victories in pushing the leading cryptocurrency by market cap’s price higher and higher, busting through downtrend resistance and closing both the most recent weekly and monthly candles bullish.

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Global Altcoin Breakout Could Usher Return of Alt Season Crypto Riches

The altcoin market has been ablaze all 2020 thus far, after the total crypto market and many individual altcoins broke out from downtrend resistance and went on massive rallies. Next, altcoins are preparing a global breakout of major, horizontal resistance, which if holds could lead to a return of alt season and richest beyond investor’s... The post appeared first on NewsBTC.

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Why is the Crypto Market Up 35% In a Month? Analysts Tell All

In December, crypto analysts across the board were almost certain that Bitcoin was poised to fall to the $5,000s and maybe even lower; after surging to $14,000 by June 2019, the cryptocurrency had entered a steep downtrend, marked by successive lower lows and lower highs.

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XRP’s Intense 750-Day Bear Market is About to End; Fireworks Imminent

Although XRP was one of the worst performing major altcoins in 2019, it may be the dark-horse of 2020, as the crypto is on the cusp of breaking an intense 750-day downtrend. The break of this long-respected descending resistance line could spark a massive trend reversal that places the embattled cryptocurrency firmly in the throes... The post appeared first on NewsBTC.

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Ethereum Pattern Points To Further Underperformance, Despite Bitcoin Rally

The altcoin market recently caught fire after its total market cap and individual crypto assets like Ethereum, Dash, and Litecoin began popping off and breaking through their downtrend resistance lines.

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Ready For Liftoff: Two-Year Downtrend Breakout Could Lead to $14 XRP

XRP, the cryptocurrency commonly called Ripple, is in the midst of breaking out from downtrend resistance that has kept the crypto asset at low prices for over two full years of bear market. A breakout from what appears to be a bull flag or pennant pattern could shock the crypto market with rapid, explosive gains,... The post appeared first on NewsBTC.

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Shock & Awe: Bitcoin Losing Momentum Could Result in Elliot Wave Correction to $1,000

There’s no denying that Bitcoin is at a critical junction, either ready to fall deeper into a downtrend or explode into a new bull rally driven by pre-halving hype and speculation. Losing momentum here, according to one crypto analyst, would almost certainly lead to an Elliot Wave Theory C-wave that would take the cryptocurrency further... The post appeared first on NewsBTC.

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Altcoin Market Preparing Shocking Disbelief Rally According to Wall Street Cheat Sheet

Last week, the altcoin market and many individual crypto assets broke out from downtrend resistance and went on a massive rally. However, for the first time since the crypto hype bubble collapse, the crypto community isn’t buzzing about an alt season suggesting that investors are still in the disbelief stage.

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