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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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Litecoin (LTC) Daily Price Forecast – February 22
On the downside, if the bears break below the EMAs, the crypto will resume its downtrend. The LTC price is expected to reach the highs of $55 and $60 if the bulls sustain a price above the EMAs. LTC/USD Medium-term Trend: Bullish Resistance Levels: $66, $68, $70 Support Levels: $40, $38, $36 Yesterday, February 21, […] дальше »
2019-2-22 10:33 | |
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Crypto Market Targets Fresh Highs: Bitcoin Cash, EOS, XLM, TRX Price Analysis
The total crypto market cap declined recently, but it found support near the $126. 5B level. Bitcoin cash price corrected lower and declined below the $146 and $145 support levels. EOS price is currently consolidating gains above the $3. дальше »
2019-2-22 09:00 | |
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Stellar Price Prediction: XLM Broke Out From the Short-term Resistance Line, Will It Move Past $0.1?
Long-Term Outlook A look at the logarithmic chart for XLM shows that price is trading at $0. 08, at the edge of the long-term support area formed by the highs of April 2017 and slightly below the 200-period MA. дальше »
2019-2-15 13:00 | |
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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. дальше »
2019-2-15 00:21 | |
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Stellar Price Prediction: XLM Broke Out of the Descending Wedge, Is a Double Bottom in Store?
Long-Term Outlook A look at the Weekly chart for XLM in logarithmic form shows that price is currently trading at $0. 077, slightly above the main support area formed by the highs of 2017 near $0. дальше »
2019-2-10 18:59 | |
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Stellar [XLM] Price Prediction: Does the Low Volume Indicate That This Was a False Breakout?
Long-Term Outlook A look at the Weekly chart for Stellar in logarithmic form shows that price is trading at $0. 077, slightly below the 200-Period MA and very close to the major support area formed by the highs of April 2017 at $0. дальше »
2019-2-8 14:59 | |
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Litecoin [LTC] Price Prediction: Will the Third Attempt Be Successful at Breaking Through Resistance?
Long-Term Outlook A look at the Weekly chart for Litecoin in logarithmic form shows that price has fallen all the way to the support area formed by the highs of 2014 at $25-$30. Price is currently trading at $33. дальше »
2019-2-2 20:09 | |
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IOTA Price Action: Doji Candle and Potential Bear Flag Forming
When Fibonacci retracements levels are drawn from December lows to early January highs, most top cryptocurrencies have managed to maintain their price above the 0. 618 level. However, IOTA is trading more bearishly with price dropping below the 0. дальше »
2019-1-29 18:54 | |
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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market
Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »
2019-1-26 03:13 | |
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Bitcoin (BTC) Price Analysis: Broadening Wedge Formation
Bitcoin is forming lower lows and higher highs to create a broadening wedge formation on the 1-hour time frame. Price recently bounce off support and may carry on to climb to the top. The 100 SMA is below the longer-term 200 SMA, though, so the path of least resistance may be to the downside. дальше »
2019-1-25 07:04 | |
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Saudi-Emirati Coordination Council Launches a Pilot Cryptocurrency
After more than a year since the crypto market’s massive correction in early 2018, none of the various predictions about an equally massive rally that might catapult prices back to its late 2017 highs have materialized. дальше »
2019-1-23 15:29 | |
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Bitcoin (BTC) Price Analysis: New Bearish Channel Forming
Bitcoin is starting to trend lower since last week’s selloff, creating a descending channel with its lower highs and lower lows on the 4-hour time frame. Price is down to the mid-channel area of interest after recently bouncing off the resistance. дальше »
2019-1-14 06:16 | |
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Markets Update: Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH Trendline
The cryptocurrency markets have produced a slight retracement in response to bitcoin core (BTC) testing a long-term descending trendline dating back to December 2017’s record highs. The dip has seen bitcoin cash (BCH) slip back below $150, and BTC fail to hold above $4,000. дальше »
2019-1-10 19:00 | |
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Bitcoin Price Holds $4K As One Transaction Sets 2019 Volume High
The Bitcoin price was testing support at $4000 again January 7 after a sudden volume spike took the cryptocurrency 7 percent higher in minutes. Did One Whale Move Bitcoin Above $4000? Data from Bitcointicker confirmed a slight reversal for Bitcoin price the day after the uptick, which saw BTC/USD hit two-week highs to top $4200 Sunday. дальше »
2019-1-7 18:00 | |
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Litecoin [LTC] – Will the Support Area Hold, or Is There Another Drop in Store?
A look at the logarithmic Weekly chart shows us that price has fallen all the way into the $20-$25 area of support created by the highs of 2014. There is a substantial amount of support here. If price were to break down below $20, the next level of support would be in the $3-$5 area, […] Litecoin [LTC] – Will the Support Area Hold, or Is There Another Drop in Store? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-12-13 16:34 | |
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Ripple’s XRP: Are We Approaching a Possible Bottom?
During the most recent dip in the crypto market, Ripple’s XRP has not fallen in price as much as most other cryptocurrencies. It is currently right at the support area ($0. 24-$0. 28) formed by the lows in October 2018 and the highs of October 2017. дальше »
2018-12-8 19:14 | |
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Bitcoin Bottoming Under $3,000 BTC/USD? Does Institutional Interest Hold Any Weight For Bull Run Return?
While we can easily associate 2018 with seeing one of the biggest bearish downturns for cryptocurrency, the latest drop has been both drastic and unprecedented. So far, it has seen a large percentage of altcoins trading at or below 90% of their value compared to their previous highs. The likes of Bitcoin are not exempt […] дальше »
2018-11-26 15:53 | |
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Bitcoin (BTC) Price Analysis: Make or Break Level
Bitcoin has formed lower highs to trade below a descending trend line on its 1-hour chart. Price is currently testing this resistance and is deciding whether to make a bounce or a break. The 100 SMA is below the longer-term 200 SMA to suggest that the downtrend is more likely to resume than to reverse. дальше »
2018-11-26 07:13 | |
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Dogecoin [DOGE] Returns to Key Support, Dips Slightly Below
In early September, Dogecoin spiked from strong support at $0. 0022 to highs near $0. 007. A bearish divergence between the price and RSI followed, and the price action of Doge has been on a prolonged decline since. дальше »
2018-11-21 19:49 | |
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Stock Market Slump Could See Bitcoin Price ‘Make New All-Time High’
Cryptocurrency inventor, fund partner and advocate Max Keiser is predicting new all-time Bitcoin price highs as the stock market tumbled again this week. Bitcoin to ‘New All-Time High’ as Stock Market Slumps A drop in share prices for both Goldman Sachs and Apple has equated to an approximately 160-point loss for the Dow Jones November 12, leading Keiser to suggest the index could collapse to below the significant 10,000 barrier in future. дальше »
2018-11-13 20:00 | |
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Bitcoin (BTC) Price Analysis: Key Resistance to Watch
Bitcoin volatility has been low once more, leading many to speculate that a big breakout might be brewing. Price is still keeping its head above a rising channel seen on the 4-hour time frame but has also formed lower highs and is below a shorter-term trend line. дальше »
2018-11-13 05:59 | |
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Ether Price Analysis: Historic Support Tested Amid Signs of Distribution
It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). дальше »
2018-10-20 01:31 | |
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Ripple (XRP) Price Analysis: Bullish Channel and Reversal Pattern Forming
Ripple has formed higher lows and higher highs over the past week, creating a rising channel visible on its 4-hour time frame. Price is currently testing support and might be due for a bounce back to resistance around 0. дальше »
2018-10-19 08:08 | |
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Cardano Price Analysis: Every Low a Buying Opportunity for ADA Bulls
Regardless of the politics around ZRX CoinBase listing, ADA could possible bottom up despite yesterday’s losses. Overly, we maintain a bullish stand now that there has been a strong correction from 2017 highs with bears threatening to dip below ADA’s all-time-lows at 6 cents. дальше »
2018-10-19 05:15 | |
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Bitcoin Price Analysis: How Long Will $6000 Support Hold?
Bears remain fully in control of Bitcoin price, yet somehow, the $6,000 support is holding…for now. Bitcoin Price: 4-Hour Chart After posting a daily high at $6,460, bitcoin price fell below the wedge formation and constant rejections at the 20-MA have kept BTC in the pattern of lower highs. дальше »
2018-9-12 13:00 | |
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Breaking: Bitcoin [BTC] Returns Below $7k With 5% Drop
Bitcoin price action falls off a cliff over the last few hours as it fails to get above resistance around $7400 to $7500. Price action has been looking bullish for the past few days as it continued to edge upwards forming higher highs and higher lows. дальше »
2018-9-6 16:56 | |
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Bitcoin Price Breaks $7000 Resistance To Hit Surprise Multi-Week High
Bitcoin price briefly broke above $7000 August 28, hitting a new high of $7051 on major exchanges – its highest since August 7. ETF Fever Decouples From Bitcoin Price Data from Bitcointicker and other sources confirm the multi-week highs for Bitcoin , which curiously come on the back of multiple rejections of exchange-traded fund applications by US regulators last week. дальше »
2018-8-28 16:00 | |
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Sea of Red: Bitcoin Price Dives Sharply Below $6500
The price of Bitcoin fell sharply going into the daily close, marking another bearish start to the week. With prices plummeting firmly back towards previous lows, investors and traders alike are once again wondering how much bullish resolve there is in the cryptocurrency market. дальше »
2018-8-8 13:00 | |
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Canadian Crypto Miner Tries New Approach to Cut Down Power Costs
With crypto prices still way below their December 2017 all-time highs, cryptocurrency miners are under increasing pressure to squeeze out profits from their operations by reducing expenses. Since the mining process is a very energy-intensive affair, one way of keeping mining costs down is by obtaining cheaper electricity. дальше »
2018-8-7 16:00 | |
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Manager of crypto hedge-fund gives reason for why the bitcoin comeback might be true
The bitcoin rally is underway and crypto trader Brian Kelly said the digital coin will likely continue to appreciate in value. While bitcoin is nowhere near its December highs of around $19,500, the cryptocurrency has steadily increased in the last few weeks alone. дальше »
2018-7-25 00:27 | |
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Brian Kelly: 3 Reasons Bitcoin Price Rally is For Real
Bitcoin’s price increase continues Tuesday, July 24, as it managed to climb past $8,000 for the first time in two months. Despite remaining around 60 percent below its all-time high in December, the world’s largest cryptocurrency is on a rally which, according to Brian Kelly, is here to stay. дальше »
2018-7-24 15:00 | |
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Can Blockchain Prevent Smart Cities From Turning on Their Residents?
In the last decade, the term “smart city” has evolved from a geeky name drop opportunity, evoking Venus Project-esque undertones, to the gold standard of serious urban planning. With the world’s population scratching the 8 billion mark from below, and urbanization rates at all-time highs, it’s not hard to see why city planners are pinning […] дальше »
2018-7-13 20:00 | |
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Ethereum (ETH) Technical Analysis: Sergey Lauds Crypto Privacy Features
In the last day, Ethereum (ETH) has been on a slide losing three percent rejecting higher highs above $500. Even though we are net bullish, chances are ETH sellers might push lower below $450 triggering our sell trades with targets at $400 and $350. дальше »
2018-7-10 03:04 | |
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Bitcoin Hype ‘Has Barely Even Begun,’ Says Blockbid COO
Blockbid COO David Sapper believes the hype surrounding Bitcoin and other cryptocurrencies is just getting started, and will one day permeate our everyday lives. ‘More Mainstream Adoption in the Coming 18-24 Months’ Plenty of people are feeling the Bitcoin blues these days — and understandably so. дальше »
2018-7-7 21:00 | |
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Ripple (XRP) Price Sees New 2018 Low As It Falls Below $0.50 USD
Ripple's XRP cryptocurrency price fell below $0. 43 on Friday, which is a new low for 2018 calendar year. The world’s third-largest cryptocurrency has saw highs above $3. 30 when the market cap was over $800 billion and has since saw a rise back up to $0. дальше »
2018-6-30 09:35 | |
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