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Ethereum Could Plunge Below $500 Despite Ongoing Rebound, Claims Analyst
Ethereum has been facing some turbulent price action throughout the past few days and weeks, with the selling pressure seen in the lower-$600 region forcing it lower on multiple occasions This has come about due to its close connections to Bitcoin and its price action, with the benchmark crypto’s inability to break $19,800 hampering the growth seen by ETH as well Despite the strong rebounds seen following every dip, sellers are still trying to fade […] дальше »
2020-12-6 01:00 | |
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Analyst: Yearn.finance’s YFI to Move Past $30,000 as Strength Mounts
Yearn. finance’s YFI token has been surprisingly strong throughout the past few days, with its price holding well-within the mid-$20,000 region despite the selloff currently taking place across the aggregated crypto market. дальше »
2020-11-28 00:00 | |
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Bitcoin Fundamentals Remain Great Despite $3,000 Drop From Highs: Analyst
Bitcoin has dropped dramatically from its $19,500 highs The coin fell as low as $16,200 earlier today amid a strong sell-off and a lack of buying support Some think that the $3,000 drop could be the start of a deeper retracement in the months ahead Willy Woo, a prominent on-chain analyst, remains optimistic. дальше »
2020-11-27 13:00 | |
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Ethereum Could Target $850 Once It Breaks Key Resistance, Claims Analyst
Ethereum has flashed signs of immense strength despite a fleeting overnight selloff This recent decline came about in tandem with that seen by the rest of the crypto market Bitcoin plunged below $18,000 before posting a “V-shaped” recovery and rallying significantly higher This recovery also helped lead ETH higher, with the cryptocurrency rapidly navigating back up to where it has been trading throughout the past couple of days Its recent strength and unwavering uptrend indicate […] дальше »
2020-11-23 01:00 | |
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Why Bitcoin Is Unlikely To Ever Experience Another March-Like 50% Price Drop
This year has undeniably turned out to be bitcoin’s year. Despite the coronavirus pandemonium, no asset class has served as a better hedge against inflation, an ideal safe haven than bitcoin. Moreover, the flagship cryptocurrency is the top-performing asset in terms of returns after bouncing back from the March coronavirus-induced crash. One analyst is noting […] дальше »
2020-11-19 16:57 | |
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Analysts Still Expect Ethereum Rally to $500 Despite $40 Flash Drop
Analysts think that Ethereum is primed to press higher despite last night’s $40 drop. One analyst noted that Ethereum remains in an extremely advantageous position on a macro time frame. He shared a chart showing that ETH is currently sitting above macro supports, meaning it has room to stretch toward $800 and beyond as it continues to hold those technical levels. дальше »
2020-11-19 15:00 | |
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“Bitcoin Will Go Below $10,000” – CryptoWhale Warns
Consistent crypto market critic ‘CryptoWhale’ has explicitly warned that bitcoin is currently oversold and will inevitably pullback below the $10,000 level. The renowned analyst and trader tweeted that despite Bitcoin’s ongoing rally, the drop will be massive and will drive prices back to levels not seen since August. дальше »
2020-11-19 18:09 | |
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Bitcoin Could “Pull a Tesla” Rally Before 2020 Ends: Analyst
Economist and prominent market analyst Alex Kruger is not concerned about Bitcoin’s medium-term trend despite recent price weakness. He says that the coin could pull a Tesla-like rally in the months ahead. дальше »
2020-11-16 05:00 | |
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Bitcoin to Target $14,400 Despite No Clear Election Winner: Analyst
Bitcoin’s price has been holding up quite well despite the volatility seen yesterday that came about due to a turbulent election that has yet to deliver any decisive results. This price action has done little to contribute to its mid-term outlook, however, as it is still trading below the resistance it has been facing around […] дальше »
2020-11-5 19:00 | |
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Ethereum’s Macro Outlook is “Ultra Bullish” Despite Recent Turbulence
Ethereum has been closely tracking Bitcoin’s price action throughout the past couple of days This has caused it to see a notable selloff, with bulls and bears now reaching an impasse as it trades just above its crucial $380 support level A continued defense of this level is key if bulls want to fuel a move higher in the near-term One analyst is now noting that the cryptocurrency’s macro outlook is ultra-bullish despite the recent […] дальше »
2020-10-30 23:00 | |
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Large Bitcoin Holders Just Moved 80,000 BTC; Analysts Grow Cautious
Bitcoin is in the process of testing its 2020 highs again as bulls attempt to take the reins and guide it to see further upside It has been struggling to gain any serious near-term momentum due to the selling pressure at $13,200, but once broken, it could rally towards $14,000 Despite its overt bullishness at the present moment, there are a few bearish signs that may indicate that a selloff is brewing One analyst is […] дальше »
2020-10-25 01:00 | |
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Analyst: Ethereum is Poised to Rally Past $430 Despite Consolidation
Ethereum has been showing tremendous signs of strength as it begins moving in lockstep with Bitcoin Despite seeing a selloff on the first day that Bitcoin started rallying, ETH quickly reshaped its previously close correlation with BTC and began surging This surge led its price all the way up to highs of $420 yesterday, which is where it found some slight resistance One analyst believes that this resistance will be swiftly surmounted in the near-term […] дальше »
2020-10-24 23:00 | |
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Analysts Think Ethereum’s Bull Trend is “Just Getting Started” Despite Selloff
Ethereum has plunged today despite the strength seen by Bitcoin ETH’s ongoing descent has sent shockwaves throughout the market, creating a tailwind that has adversely impacted most other altcoins This intense selling pressure isn’t showing any signs of letting up today, but it is important to note that there’s still a chance that an upside movement is brewing One analyst is pointing to ETH’s Renko chart with a Guppy indicator, noting that it appears to […] дальше »
2020-10-21 23:00 | |
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Analyst Who Predicted V-Shaped Reversal Thinks Bitcoin Will Hit $12k
Bitcoin has faced a slight reversal since the highs of $11,750 set a number of days ago. The coin currently trades for $11,350 as of this article’s writing, 3. 4% below the highs. Analysts remain optimistic despite the price reversal. дальше »
2020-10-18 02:34 | |
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It’s “Hard to be Bearish” on Ethereum as Key Supports Hold: Analyst
Ethereum has dropped lower over the past 24 hours after peaking just shy of $400. The cryptocurrency currently trades at $382 and is down a mere 0. 5% in the past 24 hours. Despite the drop from the local highs, analysts remain bullish on the asset. дальше »
2020-10-14 13:00 | |
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Despite Crypto Rebound, This Analyst Still Expects $20 Ethereum: Here’s Why
Ethereum, aside from Chainlink, is the best performing cryptocurrency in the top ten by market cap. The top-ranked altcoin has had enjoyed a substantial rebound from bear market lows and surged all throughout 2020 on the heels of the DeFi trend. дальше »
2020-10-14 23:00 | |
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As Long as Ethereum Holds $350 Range, It’s Set to Double: Analyst
Ethereum has undergone a strong drop since the August highs of $490. The coin currently trades for $380, far below the aforementioned highs. Despite the strong correction, analysts are optimistic that the long-term trend remains bullish. дальше »
2020-10-13 14:59 | |
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Analyst Claims Chainlink Could Plummet Below $7.00 as Selling Pressure Ramps Up
Chainlink, despite being the darling of the crypto market since 2017 for altcoin traders, is now facing some immense turbulence – the likes of which haven’t been seen in years. The cryptocurrency gained notoriety for its ability to consistently set fresh highs while the rest of the market was reeling lower in the wake of […] дальше »
2020-10-8 02:00 | |
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Here’s the Reason Why Bitcoin’s Price is Stable Despite Macro Turbulence
Bitcoin’s price has been incredibly stable throughout the past couple of weeks Even bearish news developments that would have – in years past – catalyzed far-reaching selloffs have done little to shake its present strength Analysts are now widely noting that the traditional markets will be a guiding force for BTC going forward Which direction they begin trending mid-term will likely influence the benchmark crypto One on-chain analyst is now putting forth an interesting observation […] дальше »
2020-10-8 21:00 | |
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As Long as Bitcoin Holds $10,500, Price Could Hit $11,200: Analyst
Bitcoin has stagnated at the local highs around $10,700 over the past few hours and days. The leading cryptocurrency remains below the highs it set last week prior to the BitMEX news breaking. Analysts are still optimistic about the cryptocurrency despite the ongoing stagnation and relatively weak price action. дальше »
2020-10-7 13:00 | |
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Top Ethereum Wallet MetaMask Hits Milestone Despite DeFi Slowdown
The Ethereum decentralized finance market has undergone a strong rejection over recent weeks. Leading DeFi coins are down 30-80% since the highs they posted in mid August or early September. One analysis by a noted crypto analyst shows that the average DeFi coin, including Ethereum, is down 60. дальше »
2020-10-7 06:00 | |
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What Market Pundits Say Comes Next For Bitcoin Following BitMEX’s Indictment
Crypto analyst Willy Woo has recently voiced his inclination on the great confidence he still has in Bitcoin despite its dwindling market price. According to Woo, the market has been unjustly overawed because BitMEX wasn’t hacked but its founders were charged by the CFTC for violating the US Bank Secrecy Act. He also states “No […] дальше »
2020-10-7 01:16 | |
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Top On-Chain Analyst Thinks Bitcoin Will “Pop” Despite BitMEX News
Bitcoin underwent a strong rejection on Thursday and Friday morning due to two fundamental trends. First and foremost, BitMEX was charged by the U. S. CFTC over derivatives concerns and anti-money laundering concerns. дальше »
2020-10-3 02:59 | |
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Analyst: Chainlink Likely to Face Grim Downturn That Leads to $6.85
Chainlink’s price action has been overtly bearish as of late, with the cryptocurrency being unable to hold above $10. 00 despite the technical strength resulting from its recent rebound from the $7. 00 region. дальше »
2020-10-3 00:00 | |
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Ethereum to See Further Losses as Crypto Market Becomes “Beyond Bearish”
Ethereum and the aggregated crypto market have been caught in the throes of a strong downtrend throughout the past 24-hours This has come about due to multiple macro developments, including news about President Trump’s health as well as the government’s decision to chart the BitMEX owners Despite the overt bearishness of these sellable news events, both Ethereum and Bitcoin are still sitting above their multi-week lows That being said, one analyst is expecting Ethereum to […] дальше »
2020-10-3 23:00 | |
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Bitcoin Has Yet to Break Key Resistance Despite Strong Monthly Close
Bitcoin is currently posting a somewhat weak attempt to shatter the resistance laced throughout the upper-$10,000 region A break above here could open the gates for a move post $11,200, which would mark an end to its recent bout of sideways trading That being said, the crypto has yet to firmly climb above one key level that an analyst is closely watching Until it does so, the significance of this recent push higher remains somewhat […] дальше »
2020-10-2 02:00 | |
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Analyst: Chainlink Gearing Up for a Major Push Higher as Bulls Defend $10.00
Chainlink is currently attempting to confirm $10.00 as a support level as it faces inflows of selling pressure that jeopardize its near-term outlook. Despite the present weakness it is facing, a confirmation of this level as support would be incredibly bullish, as it would mark a mid-term support-resistance flip that potentially kicks off the next […] дальше »
2020-9-30 00:00 | |
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Bitcoin Just Posted an Ultra-Bullish Weekly Close; Here’s Where It May Go Next
Bitcoin saw a notable influx of buying pressure yesterday that helped send its price rocketing towards $11,000 The strength of this movement was notable, and BTC has yet to surrender any of its recent gains to sellers Despite the technical strength currently being expressed by Bitcoin, it is imperative to note that it remains caught within its mid-term range This trading range has been formed between $10,200 and $11,200 One analyst is now noting that […] дальше »
2020-9-29 21:00 | |
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Bitcoin’s Momentum Stalls, But Negative Funding Gives a Boost to Bulls
Bitcoin’s upwards momentum has stalled following the promising push higher seen yesterday This allowed the cryptocurrency’s price to surge up towards $10,800, which is where it met some serious resistance that slowed its uptrend Despite rejecting at this level, the subsequent downtrend has not been that intense, indicating that bulls may still have some underlying strength One analyst is noting that although BTC is beginning to look bearish, the fact that funding rates are still […] дальше »
2020-9-26 21:00 | |
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Analyst: Chainlink Could Still Set Fresh Lows Despite Yesterday’s 30%+ Rally
After a multi-week bought of grinding lower, Chainlink saw a capitulatory decline earlier this week that came about in the form of a sharp downturn. This caused LINK to plummet to lows of under $7. 50 – marking a massive decline from its $20. дальше »
2020-9-26 20:00 | |
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Why this prominent crypto analyst thinks Ethereum DeFi has topped for now
Despite weakness in legacy markets, Ethereum has performed well over the 36 hours since the launch of Uniswap’s UNI token. The post Why this prominent crypto analyst thinks Ethereum DeFi has topped for now appeared first on CryptoSlate. дальше »
2020-9-19 11:57 | |
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Analyst Expects Bitcoin to Fall by $2K Despite Bullish Fundamentals
As Bitcoin attempts a breakout move above $11,000, an analyst sees the cryptocurrency moving in the opposite direction. TradingView contributor Vince Prince placed the latest BTC/USD moves inside a descending channel. дальше »
2020-9-17 11:17 | |
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Bitcoin Just Printed This Historically Bullish Uptrend Signal
Bitcoin may be poised to recover further despite weakness in altcoins. An analyst noted that BTC just bounced off a pivotal moving average. This moving average Bitcoin held multiple times during the last bull cycle’s bull market corrections. дальше »
2020-9-17 15:00 | |
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Despite Altcoin Drop, This Analyst Thinks Bitcoin Is On Track for $11k
Bitcoin has dropped around $200 from the daily highs as sellers have stepped back in. The drop comes in spite of news that MicroStrategy, a Nasdaq-listed company, bought over $100m worth of Bitcoin yet again. дальше »
2020-9-17 04:53 | |
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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300
Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […] дальше »
2020-9-16 23:00 | |
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Bitcoin Analyst Sees BTC/USD Below $6K Despite Rally Sentiment
A rebound in the Bitcoin price this week lifted its short-term bullish sentiment, especially after it broke above a string of crucial technical resistance levels. Nevertheless, the benchmark cryptocurrency might be walking into a bull trap, as per independent trading consultancy WCSE. дальше »
2020-9-15 12:09 | |
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Crypto Market Analysis: 14th September 2020
Whilst US equity markets fell last week due to drops from Big Tech, the European market plodded along and the FTSE All-Share Index rose moderately. Bitcoin and a number of alts remained relatively steady, despite some momentary blips as bitcoin very briefly dipped below the $10,000 level on both Monday and Tuesday. Simon Peters, analyst, […] дальше »
2020-9-15 19:49 | |
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Here’s Why An Analyst Thinks the Ongoing Bitcoin Rally Is “The Real Deal”
Bitcoin has begun to press higher despite weakness in legacy markets. The price of the leading cryptocurrency is currently at $10,470 despite reaching lows of $9,800 earlier this week; also, altcoins have begun to surge, suggesting that this is once again a buyer’s market. дальше »
2020-9-13 22:24 | |
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Why An Analyst Isn’t Convinced of Ethereum’s Price Action Despite Rally to $375
Ethereum has pressed higher after falling as low as $310-315 just days ago. The coin now trades for $370 and traded as high as $375-378 just hours ago. The coin is not entirely bullish, though, despite the recovery from the aforementioned lows. дальше »
2020-9-12 07:15 | |
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Bloomberg Analyst Thinks Bitcoin Will “Come Out Ahead” Despite 20% Drop
Both Bitcoin and gold have corrected from their recent highs as the U. S. dollar has bounced. The two assets are tracking each other once again as they become proxies for exposure to downside in the U. дальше »
2020-9-10 13:00 | |
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Analyst: Ethereum Poised to Dip to $270 as Selling Pressure Mounts
Ethereum has been fully exposed to the weakness seen by Bitcoin and the aggregated crypto market today This has caused it to post some notable losses, with its price reeling down to lows of $325 earlier this morning before bears lost some of their momentum and the crypto rebounded back above $330 Despite some slightly positive price action seen this morning, one analyst is still noting that the likelihood of a decline down towards the […] дальше »
2020-9-8 23:00 | |
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Long-Term Fundamentals Signal Robust Crypto Bull Market Fueled by Reckless Money Printing, Defi
A robust cryptocurrency bull market is in the making, a Weiss Crypto Ratings analyst explained. Citing central banks’ “reckless money printing policies” and “the explosion in Defi innovation,” he sees long-term fundamentals favoring cryptocurrencies despite some short-term selloffs. дальше »
2020-9-4 22:35 | |
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Virgin Galactic (SPCE) Stock Up 1% after Bullish Call by Cowen Analyst Oliver Chen
Coinspeaker Virgin Galactic (SPCE) Stock Up 1% after Bullish Call by Cowen Analyst Oliver ChenThe bullish call on SPCE stock comes despite the Virgin Galactic’s operations having been severely affected by the ongoing coronavirus pandemicVirgin Galactic (SPCE) Stock Up 1% after Bullish Call by Cowen Analyst Oliver Chen дальше »
2020-8-31 19:44 | |
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Analyst: Ethereum Likely to Plunge Towards $320 After Tapping This Key Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past few weeks, although it has been able to outperform the crypto in recent days The cryptocurrency is currently trading up significantly from recent lows of $379 that were set during its recent selloff While BTC remains below its pre-selloff highs, Ethereum has been able to surge past them Despite this strength, analysts are still noting that the crypto may plunge into the lower-to-mid $300 […] дальше »
2020-8-30 22:00 | |
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Why Hasn’t Bitcoin Fallen Further? Analyst Looks For Silver Lining Amid $700 Drop
Bitcoin has undergone a sharp correction in the past day, falling as low as $11,150. This drop comes despite a push from the asset towards $11,900 on the weekend. Bitcoin’s latest leg lower coincides with weakness in the value of gold, which has been struggling as the U. дальше »
2020-8-26 15:00 | |
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Top Analyst Predicts Bitcoin Price Action Beyond $12K If This Support Level Holds
Despite Bitcoin’s lack of momentum, analyst Josh Rager still sees further upside for Bitcoin in the days to come. This he explains depends on whether it can close the week above a critical level. дальше »
2020-8-26 12:55 | |
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Bitcoin’s Cloud Pattern Shows Bears May Still Be in Full Control
Bitcoin and the entire cryptocurrency market are currently bearing witness to relatively mixed price action While BTC has faced some intense selling pressure, it is important to note that bears have not invalidated any of its mid-term market structures As such, it remains well-positioned to see further near-term upside Despite this, one analyst is noting that the cryptocurrency’s cloud formation may spell some trouble for its near-term outlook, as it shows that it is still […] дальше »
2020-8-21 02:00 | |
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Here’s Why Bitcoin May Soon See a Sharp “Downside Flush” Despite Stability
Bitcoin has found some strong stability within the lower-$12,000 region following yesterday’s upswing Analysts are widely confident that it is currently caught within the early stages of its next bull run, which may ultimately lead it up towards its all-time highs Despite getting closer to these highs each week, there may still be some turbulence ahead for the cryptocurrency One analyst is noting that high funding rates for BTC on margin trading platform spell trouble […] дальше »
2020-8-19 21:00 | |
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According To This Analyst, There’s a 30% Chance That Bitcoin Reaches $17,000 By Year-End
Bitcoin has been in a consolidation phase in recent weeks. Despite the long-term outlook for bitcoin remaining overwhelmingly bullish, it seems that the short-term progress is being hampered by the stubborn resistance at the $12-13K region. дальше »
2020-8-18 11:07 | |
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