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Ethereum Price Prediction: ETH Breaks Out Above the Daily Ichimoku Cloud, Will It Move Past the 21-week MA?

Long-Term Outlook A look at the Weekly chart for ETH/USD in logarithmic form shows that price has bounced back after finding support in the minor support area near $80. The price is currently slightly below the minor resistance area at $160 and facing very close resistance from the 50-period MA. дальше »

2019-2-20 12:09


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


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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


Ethereum Price Remains Above $105 as Bitcoin Gets Tokenized on the ETH Blockchain

It hasn’t been an easy month for Ethereum in terms of its price. Similar to Bitcoin and other top markets, Ethereum has lost a fair bit of value and struggles to reclaim any of it. The past 24 hours offer a small glimpse of hope, although it remains to be seen if this can be […] The post Ethereum Price Remains Above $105 as Bitcoin Gets Tokenized on the ETH Blockchain appeared first on NullTX. дальше »

2019-1-30 11:47


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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »

2019-1-29 02:01


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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 Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


Litecoin Surges Past Stellar as It Closes in on the Market Cap of EOS — Can the Buyers Race Higher Towards the $45 Handle?

Litecoin has recently surged, breaking above Stellar’s market cap value. The LTC market has broken above the previous resistance… The post Litecoin Surges Past Stellar as It Closes in on the Market Cap of EOS — Can the Buyers Race Higher Towards the $45 Handle? appeared first on Invest In Blockchain. дальше »

2019-1-7 19:59


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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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Litecoin [LTC] Price Remains Stable for the Third Day Running

As is visible from the chart below, Litecoin has remained relatively stable over the course of the past 2-3 days— with the currency currently trading at a price point of $31.92 (at press time). However, around a week back, the top-10 altcoin was struggling to stay in the green while trading just above the $23 […] The post Litecoin [LTC] Price Remains Stable for the Third Day Running appeared first on NullTX. дальше »

2018-12-22 04:30


Ripple’s XRP Surges to Meet Key Resistance Area, Can it Continue Higher?

Ripple’s XRP started the week surging above the range it had formed from $0.29 to $0.31. It continued past resistance at $0.35 and currently trades around $0.38. $0.39 to $0.4 is the next important area to monitor, being an area of significant trading activity in the past and also being at a key psychological point for […] Ripple’s XRP Surges to Meet Key Resistance Area, Can it Continue Higher? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-12-19 18:19