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Ethereum’s Strength Degrades Following Rejection at $250; What Comes Next
Ethereum has flashed signs of technical weakness overnight following a harsh rejection at $250 This level marked its high-time-frame resistance, and its inability to break above it seems to elucidate underlying weakness amongst its buyers Analysts are noting that it could be poised to continue pushing higher despite this latest setback There is one crucial level that it is trading just a hair above that could invalidate this potential rebound Ethereum has flashed signs of […] дальше »
2020-6-25 23:00 | |
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Ethereum Is Primed to Tumble Towards $200 Unless “Big Buyers” Step In
Trading alongside Bitcoin, Ethereum saw a strong rejection at a crucial resistance this week. For BTC, the rejection came at $10,000; for ETH, the rejection took place just above $250. The cryptocurrency has not plunged from this pivotal level, yet analysts expect Ethereum to retrace upwards of 20% as bulls remain tepid. дальше »
2020-6-15 07:00 | |
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Will Ethereum Breakout Above Yet Another Resistance?
The Ethereum price is approaching a crucial resistance area. A breakout above could trigger very rapid price acceleration. While both a breakout and a rejection remain possible, technical indicators are bullish, so a breakout is more likely. дальше »
2020-6-9 20:00 | |
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Analysts Foresee a Harsh End to Bitcoin’s Uptrend if It Losses $9,350
Analysts believe that the uptrend Bitcoin saw yesterday may soon come to a harsh end following the cryptocurrency’s swift rejection within the upper-$9,000 region This marked yet another rejection at this heavy resistance level, and also points to some underlying weakness amongst the crypto’s buyers A low-time-frame ascending trendline was also broken by this movement, leading analysts to note that the recent rally will soon come to a swift end as BTC hovers above its […] дальше »
2020-5-29 21:00 | |
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Bitcoin’s Outlook is Bright as It Trades Above Key Cloud Formation
Bitcoin appears to have entered a firm consolidation phase within the mid-$9,000 region following the latest rejection at $10,000 In spite of the signs of weakness that BTC has flashed throughout the past several days, it is important to keep in mind that it has sustained above multiple key technical levels It now appears that the cryptocurrency could be well positioned to see further upside, but there is one key resistance level that must be […] дальше »
2020-5-17 22:00 | |
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Bitcoin Hesitates At $9,700, Risking Price Capitulation If Sideways Action Persists
Yesterday Bitcoin unsuccessfully attempted a break above its mid-term resistance of $ $9,800. This position would allow for Bitcoin to finally climb above $10,000. Its rejection at $9,800 was followed by a retracement to the $9,400 support before bouncing back above $9,550. дальше »
2020-5-15 16:12 | |
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It’s “Showtime” for Bitcoin Once it Breaks Above $10,500
Bitcoin incurred some explosive overnight momentum that allowed it to reach to highs of $10,000 before facing a slight rejection The cryptocurrency now appears to be well positioned to see further upside as its market structure begins growing incredibly bullish Analysts are now widely noting that all the signs seem to point towards Bitcoin making a visit to $10,500 If the crypto is able to firmly surmount this level, one trader believes it will be […] дальше »
2020-5-15 02:00 | |
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Bitcoin Bulls Resume Fight to $10k; Is The Post-Halving Bull Run Just Getting Started?
After a brief pause, it seems that Bitcoin bulls are back at it again trying to break above the $10,000 psychological barrier. There is a lot of resistance around this area and Bitcoin has been rejected 2 times from this area in the last 8 months. дальше »
2020-5-15 22:34 | |
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It’s a Critical Moment for Bitcoin as Analysts Eye a Move to $14,000
Bitcoin saw some notable overnight volatility that caused it to post an upswing followed by a swift rejection, before once again climbing higher The benchmark cryptocurrency is now moving to test its next key resistance that sits at roughly $9,500 Analysts are now noting that a clean break throughout a heavy overhead supply region just above BTC’s current price could be just what it needs to make a move up to $14,000 Bitcoin’s intense uptrend […] дальше »
2020-5-7 21:00 | |
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Bad for Ethereum: 3 Bearish Factors Could Catalyze a Strong ETH Correction
Despite Ethereum’s rejection at $200 and Bitcoin’s similar rejection at $7,800, the cryptocurrency market has held strong over the past 24 hours. Case in point, Ether continues to trade for $194, just shy of the weekly highs and above the $180-190 region, which analysts have identified as a zone of support. дальше »
2020-4-28 04:08 | |
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Isn’t XRP the Easiest Short? Analyst Asks as Bearish Pressure Mounts
XRP Could Plunge, Analyst Warns After Brutal Rejection Above $0. 34 Last week, XRP saw a brutal rejection above the $0. 34 price point, falling off a cliff all the way to $0. 265 as Bitcoin saw a similar rejection at the $10,500 resistance. дальше »
2020-2-23 23:06 | |
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Ripple (XRP) Price Analysis (February 21)
Key Highlights XRP/USD trade now witnesses a series of range price movements since yesterday’s trading sessions. The crypto may not push northward above $0. 30 also in the near time. A fierce rejection at a $0. дальше »
2020-2-22 00:42 | |
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Bitcoin Price Faces Brutal Rejection Above $9,800
Bitcoin price has been smashing through each overhead resistance level with relative ease throughout this entire 2020 rally thus far. However, the latest push above $9,800 was met with a powerful rejection that sent Bitcoin price back over $200 in a matter of minutes. дальше »
2020-2-6 18:27 | |
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$220: Ethereum Bulls Aim Big After Recent Bearish Rejection
Ethereum price is trading with a positive bias above the $180 and $185 levels against the US Dollar. ETH is likely to continue higher towards $200 or $220 in the near term. Ethereum is trading in a bullish zone above the $180 pivot area against the US Dollar. дальше »
2020-2-3 06:28 | |
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Bitcoin's rejection at key levels confirms drop to $7,200-$7,000 levels
Bitcoin's daily close yesterday confirmed that there will not be any more upside, at least, nothing above $7,600. Moreover, the indicators that exhibited bullish trends have slowed down; they are on tThe post Bitcoin's rejection at key levels confirms drop to $7,200-$7,000 levels appeared first on AMBCrypto. дальше »
2019-12-24 16:30 | |
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Cryptocurrency Analysis and Forecast for 7 August: BTC, ETH, and TRX
Bitcoin (BTC/USD) On an intraday chart, BTC/USD pair faced a bearish run after exhibiting price rejection above $12000 level. The downward pressure was however signaled by the 21 day MA that is gravitating above the 7 day MA that signaled to increase in sellouts. дальше »
2019-8-8 00:14 | |
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Crypto Markets Dump $25 Billion as Bitcoin Pullback Fears Fester
A sharp rejection of resistance above $9k was not entirely unexpected. Bitcoin price has been poised to pass this level for the best part of the week. When it did, an instant fake out occurred and crypto prices plunged back a thousand dollars in a matter of hours. дальше »
2019-5-31 10:00 | |
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Bitcoin Price Analysis: Pullback After Rejection at $8.3K Has a Silver Lining
Bitcoin price analysis is showing BTC/USD consolidating inside a pennant pattern, but which way will it break after being rejected at $8,300? Bitcoin price (BTC) has had a wild ride over the last 7 days, printing a new YTD-high at $8,388, experiencing a heavy flash crash the following day, only to then recover back above $8,000 again. дальше »
2019-5-20 17:00 | |
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WAVES / USD Price Analysis: Sting Of Rejection
Waves has a bearish short-term outlook, with the cryptocurrency failing to move above its 200-period moving average on the four-hour time frame The WAVES / USD pair remains bearish over the medium-term horizon The daily time frame shows that the bearish triangle pattern breakout has yet to reach its full downside projection Waves / USD […] The post WAVES / USD Price Analysis: Sting Of Rejection appeared first on Crypto Briefing. дальше »
2019-5-9 17:35 | |
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Bitcoin Inches above $4,100 as “Crypto Winter” May Finally Be over: BTCManager’s Week in Review April 1, 2019
The price of bitcoin managed to maintain above the critical $4,000 mark and closed the week two percent higher at a touch over $4,100 per coin. The Bitcoin market remained firm despite the news that the SEC has decided to delay its approval or rejection decision of the Bitwise and VanEck/SolidX Bitcoin ETF applications. WhileRead More дальше »
2019-4-2 21:00 | |
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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support
Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »
2019-3-29 02:21 | |
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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply
A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »
2019-3-23 01:23 | |
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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. дальше »
2019-3-16 01:56 | |
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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests
Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »
2019-3-13 22:26 | |
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Bitcoin Price Analysis: New High Paves Potential Reversal Setup
After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »
2019-3-9 02:08 | |
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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High
Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »
2019-3-1 03:44 | |
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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. дальше »
2019-2-26 02:42 | |
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Analyst Claims Bitcoin Must Break Above $4,000 Or BTC Will Face Strong Rejection
Bitcoin is once again beginning to creep towards its strong resistance level at $4,000 following a relatively involatile trading session over the past couple of days. Although BTC has seen some incredibly bullish momentum over the past few weeks and has firmly established the low-$3,000 region as a strong level of support, its upwards ascent. дальше »
2019-2-23 01:00 | |
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Bitcoin Price Analysis: $4000 in Sight After Last Week’s Bullish Move
As Bitcoin price finished the week with a strong move to the upside, we take a look at what this means for the Bulls and Bears heading into the week. Weekly Chart Bitcoin price closed the week at $3,650 (+6. дальше »
2019-2-11 17:00 | |
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Bitcoin: Bullish Price Movements for BTC After Brief Drop
Bitcoin had a brief drop below the support level at $3476 today to form a new low near $3400. Price quickly recovered back above the support level showing a rejection of prices below $3476 by traders and had since been recording more bullish movements. дальше »
2019-1-22 18:29 | |
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Bitcoin Price Analysis: BTC Revival Depends on Reaction at $3,700
Latest Bitcoin News Crypto and Bitcoin prices are all over the place. Volatility is back and after temporary weeks of consolidation above the $5,800–$6,000 support—now important resistance level, November double-digit losses redefined short-term Bitcoin price trajectory. дальше »
2019-1-14 17:44 | |
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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move
For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »
2019-1-4 02:22 | |
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Ethereum (ETH) price analysis: could trade above 50-day EMA for first time since May
Ethereum bulls will be smiling today as the price threatens to scale the 50-day exponential moving average (50EMA) for the first time since rejection on 6 November. ETH last traded above the 50EMA on the 1-day chart in May. дальше »
2018-12-23 18:10 | |
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EOS Price Analysis: EOS/USD’s Rejection Near Key Resistance
EOS price spiked above the $5. 30 and $5. 40 levels against the US Dollar. EOS/USD faced an important hurdle near $5. 50 and reversed its gains. Key Talking Points EOS price faced an important resistance near the $5. дальше »
2018-10-15 12:13 | |
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Litecoin Price Analysis: EOS, Tron, IOTA Rejection of Bears Positive for Altcoins
A correction is underway in IOTA and TRX price charts following bull break out above important resistance levels a few days ago. Still, we retain a bullish outlook recommending buyers to buy on dips as long as prices are trading above key support levels. дальше »
2018-10-11 05:00 | |
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Bitcoin (BTC) Faces Rejection At 21 Week EMA, But Finds Strong Support At 21-Day EMA
Bitcoin (BTC) is an interesting point. The price has just found a strong resistance at the 21 Week EMA shown on the BTC/USD weekly chart above, but it has also found a strong support at the 21 Day EMA. дальше »
2018-9-5 18:30 | |
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Bullish Recovery for Price of Bitcoin [BTC] Since ETF Rejection
It was just two days ago that the news was announced that the SEC had rejected the ProShares Bitcoin ETF. Price suffered a drop on the release of the story down to support at $6240, but it has since recovered to above $6500. дальше »
2018-8-25 17:45 | |
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Bitcoin (BTC) Finds Support At 100 EMA After A Steep Fall From $8,300
Bitcoin (BTC) fell sharply last night after rejection at a critical downtrend resistance as can be seen on the BTC/USD daily chart above. The price action appeared weak as Bitcoin (BTC) failed to hold the 200 EMA and fell right through it. дальше »
2018-8-2 21:30 | |
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Bitcoin (BTC) Has One Last Chance to Make It Or Break It
Bitcoin (BTC) has now reached critical levels where it is expected to make decisive movements. The price is struggling to get past the resistance line on the BTC/USD weekly chart above. A break above this downtrend resistance will restore confidence in the market for the time being and Bitcoin (BTC) can be expected to continue a rally towards $10,000. дальше »
2018-7-31 21:30 | |
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Bitcoin (BTC) Turns Bearish After ETF Rejection
It is a sad day in the crypto community as the SEC has rejected a BItcoin (BTC) ETF Proposal presented by the Winklevoss Twins. Earlier this month, this ETF proposal became the cause of a lot of hype and FOMO which pushed the price rapidly from $6,200 to around $8,300 as can be seen on the BTC/USD daily chart above. дальше »
2018-7-27 17:00 | |
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