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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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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s. дальше »

2018-9-24 21:29


Bitcoin [BTC] Price Holds Value Amid Market Bloodbath

Yesterday was a bloodbath for altcoin prices with many recording double-digit losses. Bitcoin managed to hold its value and has been trading around $6300 to $6400 over the past few days. There was a brief drop down close to $6100, but the price quickly rose back up showing investors were not yet willing to accept […] Bitcoin [BTC] Price Holds Value Amid Market Bloodbath was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-9-13 16:17


Bitcoin, EOS, Tron, Stellar Lumens, Litecoin Price Analysis: September 12th

While Bitcoin slows, news of Stellar Foundation acquisition of Chain did slow down XLM losses and instead injected momentum which drove prices towards the 22 cents mark. Though XLM don’t hold much swerve in the crypto space, these gains are a relief and could spur the next wave of altcoin buyers possibly rejecting lower lows. […] дальше »

2018-9-12 17:39


Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s. дальше »

2018-9-11 01:02


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Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

In a potentially trend-changing move, bitcoin has now managed establish its first *higher* low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this year’s low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s. дальше »

2018-9-4 00:27