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Demand for Ethereum hits rooftop, price could quadruple within 90 days

Bitcoin bulls are calling $50,000 for the next rally. Ethereum bulls are also just as optimistic, as fundamental indicators are looking as promising as technical indicators. These key signals imply that a bullish rally, despite price stagnation is imminent and includes the sky-high demand for Ethereum’s ETH, which analysts claim will unseat supply in the […] дальше »

2021-1-16 13:45


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Bull Case Grows: Millions of Bitcoin are Being Sent to Dormant Accumulation Addresses

Bitcoin’s price action has remained rather stagnant throughout the past couple of days, with bulls being unable to catalyze a break above $40,000 on the first attempt The selling pressure here remains quite significant, and whether or not this level can be firmly broken above could set the tone for its mid-term trend From a technical perspective, Bitcoin’s short-term outlook remains somewhat unclear, as it is currently moving lower despite bullishness amongst altcoins It may […] дальше »

2021-1-16 21:00


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XRP Surges as “Short Squeeze” Erases Days of Losses; What Comes Next?

XRP has been facing some immense pressure over the past few days and weeks, with the recent SEC lawsuit and an onslaught of exchange delistings rocking its price action The crypto is now trying to gain some momentum, with bulls stepping up and propelling the token higher overnight following a break above a key technical pattern Where the token trends in the mid-term will undoubtedly depend largely on whether or not bulls can sustain their […] дальше »

2021-1-2 01:00


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Ethereum Entering “New Bull Phase” as Technical Structure Shapes Up

Ethereum is currently on the cusp of breaking back into its long-established trading range between $230 and $250. A recent influx of selling pressure experienced by the cryptocurrency forced its price to break below the lower boundary of this trading range for an extended period of time, with ETH even testing its crucial support at […] дальше »

2020-7-2 02:00


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Bitcoin Flips Bearish as Dreaded “Death Cross” Returns

Bitcoin’s price is flashing some signs of weakness again as it nears it crucial $9,000 support The multiple tests of this level do seem to indicate that it is growing weaker, and it may only be a matter of time before sellers forcefully push BTC beneath it This comes as the be3nchmark cryptocurrency grows bearish from a technical perspective Analysts are noting that it recently formed a widely dreaded “death cross’ on its four-hour chart, […] дальше »

2020-6-30 21:00


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Will Ethereum’s “New Market Cycle” be Enough to Stop it From Plunging Lower?

Ethereum has seen a distinct divergence between its fundamental utility and its price action Despite seeing unprecedented usage rates, the cryptocurrency’s price action has been closely correlated to that of Bitcoin and the aggregated crypto market One prominent investor is now noting that ETH appears to be entering a new market cycle This comes as the explosively popular DeFi trend continues gaining major traction From a technical perspective, some analysts do believe that it may […] дальше »

2020-6-22 22:00


Bitcoin’s On-Chain Indicators Flash Buy Despite Price Stagnation

Despite Bitcoin’s current price stagnation, on-chain indicators favor the bulls, with most holders remaining unphased by market volatility. Bitcoin’s Ambiguous Technical Indicators The technical outlook for the flagship cryptocurrency remains... The post Bitcoin’s On-Chain Indicators Flash Buy Despite Price Stagnation appeared first on Crypto Briefing. дальше »

2020-6-20 21:57