Here’s the Crucial Level Bulls Need to Flip to Propel Bitcoin Higher

Bitcoin has seen some immense volatility over the past couple of days, with bulls and bears ardently battling for control over the lower-$30,000 region The key support here has been tested on a few occasions, but bulls have been able to guard against any intense selloff If BTC can continue building a strong base of support down below its current price, there’s a possibility that it could be poised to see immense strength in the […] дальше »

334 +

NEO Bounces Above Support, Could Make Another Breakout Attempt

Despite this, the NEO/BTC chart remains in bearish price discovery, giving no bullish reversal signs. Long-Term Resistance NEO has been trading below the $23 resistance area since it initially broke down in Oct 2018. дальше »

450 +

Algorand (ALGO) Moves Above Resistance, But Is the Trend Bullish?

Despite the breakout, it’s still possible that the movement is corrective and could cause Algorand to decrease in the near future.   Algorand Breaks Out Above Resistance Since the beginning of September, ALGO has been trading below the $0. дальше »

432 +

XRP’s Recent Collapse Could Force Ethereum Under $200, Analyst Suggests

While Bitcoin, Ethereum, and other top cryptocurrencies are near year-to-date highs, the same cannot be said for XRP. As the chart below depicts, the leading altcoin is trading at $0. 185 as of this article’s writing. дальше »

448 +

Bitcoin is Coiling Up for a Massive Downside Movement; Here’s Why

Bitcoin is now inching down towards its crucial near-term support at $9,000, with bears placing enough selling pressure on the crypto to jeopardize its consolidation phase BTC has broken below this level on previous occasions, although each journey into the upper-$8,000 area has proven to be short-lived There now appear to be multiple signs suggesting that BTC is preparing to make a massive downside movement This move, should it happen in the near-term, could pierce […] дальше »

438 +

Here’s Why Ethereum’s Consolidation Could Result in an Explosive Move to $480

Ethereum has been consolidating over the past few days within the $220 region. Although on the surface its price structure seems similar to that of Bitcoin and its peers, it is important to note that it is currently stuck beneath its long-held trading range between $230 and $250. дальше »

402 +

Here’s the “Do or Die” Price That Will Determine Ethereum’s Macro Trend

Ethereum has remained stuck beneath its crucial near-term resistance level at $230 The crypto has been ranging sideways alongside Bitcoin and many of its peers, but it has been unable to remain within its long-held trading range The break below this range appears to be a grim sign for the crypto Where it trends next could largely depend on how it reacts to a crucial level that it is trading 10% above Holding above this […] дальше »

438 +

Bitcoin Offers Win-Win Scenario, Regardless of Whether It Will Move Above $10K or Below $9K: Top Trader

A top-line crypto trader, Josh Rager, speculates on the possible directions Bitcoin could take from its current position and says that either move will be beneficial дальше »

425 +

Bitcoin’s Flash Crash Could Send it to Range Lows

Bitcoin (BTC) decreased considerably on July 2, dropping from a high of $9,255 to $8,940 in a span of fewer than three hours. The decrease also created a bearish engulfing candlestick on the daily time-frame, causing the price to drop below an important moving average (MA). дальше »

434 +

The Simple Reasons Why Ethereum Could Soon Explode to its $250 Local Highs

Ethereum has been struggling to recapture its long-held position within its trading range between $230 and $250. The token has traded below the lower boundary of this range for the past several days, but bulls are now trying to surmount it. дальше »

424 +

Here’s Why the Bitcoin Dominance Index Based on Market Capitalization Might Not Mean Much

Data from CoinMarketCap shows Bitcoin dominance below 70 percent but in reality, the number could be a lot higher. Unlimited Altcoin Token Supply Makes Market Cap a Meaningless Metric In a report by BTSE Academy, a free Bitcoin learning platform, there are better ways to get Bitcoin’s dominance apart from using the popular market capRead MoreRead More. дальше »

592 +

The Grayscale Bitcoin Trust May Be Signaling BTC has Formed a Long-Term Bottom

Bitcoin has been consolidating between $9,000 and $10,000 for the past several days and weeks, struggling to garner any clear trend The crypto has expressed some overt weakness in recent times due to its propensity to trade near the lower boundary of this range Buyers have been ardently defending against a drop below $9,000 One trend seen while looking towards the publicly traded Grayscale Bitcoin Trust seems to indicate that the cryptocurrency could be forming […] дальше »

454 +

Bitcoin Continues Closing Below a Crucial Level, Boosting Bears

Bitcoin has remained caught firmly within its long-held consolidation phase, with both its buyers and sellers being unable to catalyze any sharp momentum in either direction It is important to note that unlike weeks past, BTC is now consolidating just above its crucial support level at $9,000 This seems to be a sign of overt weakness, and could hurt buyers should the crypto begin inching lower Analysts are now noting that Bitcoin has been consecutively […] дальше »

415 +

Bitcoin Flirts With Key Resistance: Here’s Why 100 SMA Could Spark New Rally

Bitcoin is consolidating above the $9,100 level against the US Dollar. BTC could start a strong increase towards $9,500 as long as it is above the 100 hourly SMA. Bitcoin is currently trading in a contracting range below the $9,300 resistance. дальше »

447 +

Ethereum Could Soon Plummet 20% Against BTC; Here’s Why

Ethereum has been woefully underperforming Bitcoin over the past few days, with the cryptocurrency’s USD pair fast approaching a crucial “last-ditch” support level could catalyze a massive downtrend – should it be broken below. дальше »

395 +

This Trend on Bitfinex Puts Ethereum in a Precarious Position Compared to Bitcoin

Ethereum and Bitcoin have been seeing mixed price action in recent times The weakness seen by these two cryptocurrencies has been mounting over the past few days BTC is struggling to hold above $9,000 as Ethereum trades below its long-established trading range One trend that could have grave impacts for ETH in the near-term is the number of tokens being moved into exchanges – and particularly into Bitfinex This comes as the crypto finds itself […] дальше »

442 +

Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, BCH, XLM, LINK

Altcoins corrected as Bitcoin price dropped below $9,000, but traders buying the BTC dip could provide room for altcoins to recover. дальше »

372 +

Ethereum is Showing Early Signs of Macro Weakness; What to Watch For

Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […] дальше »

497 +

The Simple Reasons Why This Trader is Cautious of Ethereum

Ethereum, like Bitcoin, is currently trading at the lower boundary of its long-established trading range The cryptocurrency does appear to be positioned to see a breakdown below this range, but whether or not this takes place will likely depend on Bitcoin One analyst is now growing increasingly cautious on ETH, explaining that massive spikes in miner outflows for the cryptocurrency signal that a large drop could be imminent This also comes as the China-based PlusToken […] дальше »

606 +

Ethereum Could Dive Below $225 Unless It Surges Past $235

Ethereum is currently correcting losses from the $228 low against the US Dollar. ETH must climb above the $235 resistance to start a fresh increase in the near term. Ethereum is facing a couple of important hurdles near $235 and the 100 hourly simple moving average. дальше »

406 +

Ripple (XRP) Lack of Bullish Momentum Could Derail Its Recovery To $0.20

Ripple is slowly correcting higher above the $0. 1850 level against the US Dollar. However, XRP price must break the $0. 1880 resistance and the 100 hourly SMA to start a strong upward move. Ripple is still trading in a bearish zone below $0. дальше »

429 +

Ethereum’s Reaction to This Crucial Support Level Will Determine its Fate in 2020

Ethereum has seen some lackluster price action in recent times, largely facing sideways trading similar to that incurred by Bitcoin and the entire crypto market It has posted some signs of weakness throughout the past several hours due to it dipping below its well-established trading range This has led it down to what analysts are describing as a “crucial level,” and its reaction here could determine its fate in the months ahead One venture capitalist […] дальше »

462 +

This Silver Fractal Suggests Bitcoin Could Soon See a Parabolic Rally

Bitcoin’s well-established consolidation trend is showing no signs of ending anytime soon, as the crypto is still hovering within the mid-$9,000 region Each attempt to break above or below the upper and lower boundaries of its current trading range have been unsuccessful There is, however, one fractal pattern that bodes well for the crypto’s bulls One analyst is pointing to similarities between previous silver price action and Bitcoin for insights into where the benchmark digital […] дальше »

498 +

Here are the Simple Reasons Why Bitcoin May Soon Explode Past $10,500

After a brief break below $9,000 earlier this week, Bitcoin has been able to post a strong rebound from these lows, now navigating back up towards $9,600 This climb seen throughout yesterday is certainly positive for bulls, as it points to underlying strength amongst BTC’s buyers Analysts are now laying out a few simple reasons for why this recent price action could mark an accumulation pattern If this pattern plays out, then BTC is bound […] дальше »

436 +

Ethereum Likely to Dive Towards $200 as Overnight Selloff Rattles Market Structure

Ethereum has decline today alongside Bitcoin and the aggregated crypto market, breaking below a key support level that was previously being defended by buyers It now appears that ETH could be well positioned to see even further downside in the days and weeks ahead One technical indicator is forecasting that it will plunge to $200 before it is able to garner any notable buying pressure This could lead it to break below a key support […] дальше »

448 +

Bitcoin Fractal Mimicking Last Year’s Rally Points To $15K BTC By August

An oddly similar fractal mimicking Bitcoin’s price action during last year’s parabolic advance has started to form after the latest dip below $9,000. If the first-ever cryptocurrency continues to follow the same pattern, the asset could target as high as $15K before August 2020 is over. дальше »

456 +

Bitcoin Forms a Decisive Top Formation as Momentum Falters; Analysts Expect Blood

Bitcoin has posted some mixed price action as of late, offering few insights into the strength of its current market structure Analysts do believe that the recent price action following its latest rejection at $10,000 struck a blow to its underlying strength This may be causing the benchmark crypto to form a clear top formation that suggests a violent downturn is imminent This weakness could also be compounded by the recent break below a key […] дальше »

422 +

Bitcoin Analysts are Watching These Six Critical Levels After Yesterday’s Plunge

Bitcoin posted a grim plunge yesterday that caused it to see notable losses Buyers were able to ardently defend against a break below the key support that has been established at $9,000 Analysts are now widely noting that BTC could be positioned to see further weakness in spite of its bullish overnight rebound There are six key high time frame support levels that buyers have built – ranging between $1,000 and $7,000 Buyers must post […] дальше »

803 +

Ethereum Could Narrowly Avoid a Major Downtrend if it Regains $240

Ethereum failed to surpass the $250 resistance and declined sharply against the US Dollar. ETH price could continue to move down as long as it is below $240 and the 100 hourly simple moving average. дальше »

368 +

Bitcoin Takes a Big Hit: Main Reasons Why Recovery Could Face Sellers

Bitcoin is down more than 5% and it broke the key $9,300 support zone against the US Dollar. BTC traded as low as $9,089 and it is currently correcting higher towards hurdles. Bitcoin declined sharply after it was rejected one more time near the $10,000 level. дальше »

611 +

Bitcoin Cash analysis: range-bound for below $260

Bitcoin Cash is trading sideways below $260, but a break above this level could...

The post Bitcoin Cash analysis: range-bound for below $260 appeared first on Coin Journal.

436 +

Bitcoin Fractal That Crashed Price in March 2020 Could Appear Again

Bitcoin is looking to repeat a bearish pattern in June 2020, which has led its spot price to be lower by 60 percent. The cryptocurrency’s daily chart could form a “Death Cross” if it continues to struggle below $10,000. дальше »

432 +

Fund Manager: Crypto Could Soon Rally 4,000% to a $10 Trillion Market Cap

Bitcoin and other top crypto assets are trading far from their all-time highs. According to data from TradingView, BTC is trading more than 50% below its all-time high, while Ethereum is down nearly 85%. дальше »

492 +

Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline

Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […] дальше »

450 +

XRP's uncertainty could propel another downtrend

XRP's price has been stuck below the $0.22 level for a long time. The third-largest cryptocurrency could be trouble as technicals indicate a potential retracement in the short-term. XRP 12-Hour ChaThe post XRP's uncertainty could propel another downtrend appeared first on AMBCrypto. дальше »

568 +

There Are Three Fundamental “Waves” That Could End Ethereum Bears in the Long Run

Although Ethereum has embarked on an impressive 170% rally since March’s lows, the cryptocurrency remains more than 80% below its all-time high of $1,430. With such a strong retracement from its all-time highs, there have been some skeptics questioning if ETH will ever hit a new all-time high. дальше »

478 +

Here’s Why Bitcoin’s Outlook Remains Bleak as Long as It Trades Below $10,500

Bitcoin saw a sharp and unexpected rally past $10,000 yesterday that caught sellers off guard This movement allowed the benchmark crypto to rally to highs of $10,400 before it lost its momentum and declined back to the lower five-figure price region The cryptocurrency now appears to be trading at a pivotal point, and analysts are noting that it could still see further downside in the days and weeks ahead There is one level that, if […] дальше »

601 +

As the Bitcoin Dominance Rate Decreases, Major Altcoins Could Move Upwards

The Bitcoin dominance rate (BCD) has fallen to a major support level, a breakdown below which could indicate a bullish period for altcoins. However, both LTC and XRP have fallen below almost year-long support levels and have yet to show clear signs of reversal. дальше »

513 +

Bitcoin at Risk of Collapsing to $7,000 as Selling Pressure Ramps Up

Bitcoin has been finding some slight support at $8,800 throughout the past day, but the buying pressure here appears to be quickly degrading The crypto is also on the cusp of breaking below a technical formation that could spark some serious downside If it bears are able to shatter the slight support that has been established at $8,800, the cryptocurrency could then see a sharp move that sends it rapidly reeling down to the $7,000 […] дальше »

479 +

Ethereum's price primed for more profits after narrowly escaping major retest

The latest market dip drove the largest altcoin, Ethereum to a value of $204.19. The coin narrowly avoided a collapse below the psychological level of $200 and it appears that it could be headed for aThe post Ethereum's price primed for more profits after narrowly escaping major retest appeared first on AMBCrypto. дальше »

645 +

Bitcoin Cash's breach of neckline could drive its value below $200

Bitcoin Cash's price appeared to have stagnated below the $240-level for the past couple of weeks. Despite a consistent upward price action, its price has lost the necessary momentum to recover the loThe post Bitcoin Cash's breach of neckline could drive its value below $200 appeared first on AMBCrypto. дальше »

460 +

Where Will Bitcoin Find Support?

During the week of May 17-24, the Bitcoin price decreased considerably. It created a bearish engulfing candlestick that caused it to decrease all the way to an important support level. A breakdown below this support could indicate that the price has begun a new bearish trend. дальше »

516 +

Аналитики ожидают рост биткоина на фоне падения китайского юаня

Падение китайского юаня по отношению к доллару может положительно отразиться на стоимости биткоина. Такое мнение высказал партнер компании Placeholder Capital Крис Берниске. If China’s $CNY continues to weaken against $USD, then we could have a 2015 and 2016 repeat (pictured below), where $BTC strength coincided with yuan weakness. дальше »

401 +

Ethereum’s Price Action Could Resemble a “Car Crash” if it Breaks Below $190

Ethereum has once again declined back down to its long-held consolidation channel around $200 The cryptocurrency is now showing some signs of weakness as it continues performing poorly alongside Bitcoin and most other major altcoins This weakness could soon lead it down to a key support level that must be maintained by buyers A failure for ETH to hold above this level could mean a “car crash” style decline is imminent, according to one analyst […] дальше »

536 +

Ethereum Could Stage Strong Rally As Double Bottom Pattern Emerges

Ethereum nosedived below the $202 support zone against the US Dollar. ETH price revisited the $192 support and it seems like there is a key double bottom pattern forming near $192. Ethereum declined more than 5% and it tested the main $192 support zone. дальше »

392 +

Bitcoin Topside Bias Could Be Vulnerable Below $9,500 And 100 SMA

Bitcoin failed to climb above the $9,950 and $10,000 resistance levels against the US Dollar. BTC price is currently plunging and it is now vulnerable to more losses below $9,400. Bitcoin is down more than 3% from the weekly high and it is now showing bearish signs. дальше »

393 +

Bitcoin Price could hit $50K Analyst Says

Price is already bottomed and won’t drop below $6,000 analyst claims, and describes buying spree of Bitcoin by institutions as a “land grab. ” Adamant Capital founder, Tuur Demeester, has asserted that Bitcoin’s price has already bottomed out. дальше »

387 +

Bitcoin’s Uptrend Could End if It Stays Below $10,000; Here’s Why

Bitcoin’s overnight swing to highs of over $9,900 has led the cryptocurrency to enter a firm bout of sideways trading that has persisted throughout the past day. The cryptocurrency’s market structure has been bolstered by its ability to find some stability in the mid-$9,000 region despite the multiple rejections it has faced at $10,000. Analysts... дальше »

770 +

Technicals Suggest Bitcoin Needs To Clear $9,100 For Hopes of a Fresh Rally

Bitcoin jumped above the $8,800 and $9,000 resistance levels against the US Dollar. However, BTC is facing a major hurdle at $9,100, above which it could rally sharply. Bitcoin is currently consolidating in a broad range below the $9,000 and $9,100 levels. дальше »

468 +

Ethereum Narrowly Avoids a Bloodbath as Bulls Struggle to Defend Critical Support

Ethereum saw a sharp overnight selloff that caused it to briefly dip into the sub-$200 level, putting it at grave risk of seeing a capitulatory decline Buyers were able to guard against this, however, and subsequently propelled the cryptocurrency back into the $200 region It now appears that ETH could still be at risk of seeing significant near-term downside, however, as a failure for it to surmount a resistance level it is currently stuck below […] дальше »

469 +