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Analysts Fear Further Downside Despite Ethereum’s Recovery from Overnight Dip
Ethereum has seen some immense bullishness throughout the past 24-hours, with the crypto breaking free from its range-bound trading in the $700 region and rocketing past $1,000 Where the entire market trends in the mid-term may depend largely on whether or not Bitcoin can maintain its foothold in the lower-$30,000 region If the crypto can hold above here and consolidate, it could provide ETH and other altcoins with further room to rally in the days […] дальше »
2021-1-5 01:00 | |
Ethereum is Gearing Up for a Massive Breakout; Here’s How High It May Surge
Ethereum has been seriously underperforming Bitcoin over the past few weeks, which comes as most altcoins lose significant value against BTC ETH has seen a few sharp rises that have helped it to buck this trend and gain some ground against BTC However, it has still been generally unable to keep up with Bitcoin’s massive momentum This trend may not last for long, however, as one analyst is now pointing to a few factors that […] дальше »
2020-12-31 01:00 | |
If History Rhymes, This Indicator Suggests Bitcoin May See a Parabolic Explosion
Bitcoin has seen some mixed price action as of late, with bulls being unable to take control of its trend in the time following its rally up to $28,500 The rejection here was quite intense, and it has yet to show any signs of strength in the time following this occurrence The fact that bulls have guarded against any deeper drawback is positive because it invalidates the possibility that this recent high is a blow-off […] дальше »
2020-12-30 21:00 | |
Ethereum is Poised to See an Explosive Surge to $850 as Strength Mounts
Ethereum has seen some wild price action over the past few days, with its bulls moving to erase its pattern of underperformance that has plagued its price action The crypto is now sitting firmly above $730 and may be positioned to see even further upside in the coming days This rebound seen against its USD trading pair has also come as it shows subtle signs of strength against BTC as well Weakness on ETHBTC has […] дальше »
2020-12-29 23:00 | |
Ethereum Could Form a Massively Bullish Pattern if Bulls Defend Key Level
Ethereum saw an incredibly intense decline yesterday that sent its price plunging to fresh multi-week lows This selloff came about in tandem with the flash crash seen by the entire altcoin market, which may have come about due to XRP’s 50%+ one-day decline Other major altcoins – like Chainlink – posted massive losses that resulted in deep downwards wicks on their candle charts, likely due to on-chain short liquidations ETH is now in the process […] дальше »
2020-12-27 01:00 | |
Recent Bitcoin Transaction Shines Light on Institutional Accumulation Trend
Bitcoin’s price has been fairly stable below $24,000, with sellers being unable to firmly degrade its strength despite the weakness seen across altcoins BTC’s dominance has been rising rapidly as it sucks the oxygen out of the room, with analysts widely targeting continued strength against altcoins However, Bitcoin still has some major hurdles in its path that may continue hampering its growth and stopping it from seeing any massive uptrend This includes the massive resistance […] дальше »
2020-12-24 21:00 | |
Ethereum’s Bullish Trend May Not Stop It from Seeing a Strong Correction: Analyst
Ethereum and the entire cryptocurrency market have been facing some immense turbulence throughout the past few days and weeks The selling pressure seen by the cryptocurrency within the upper-$600 region has been quite intense, and may cause it to face continued weakness One trader is now noting that where the market trends next will depend mostly, or entirely, on Bitcoin He notes note that he is looking for ETH to see a strong correction over […] дальше »
2020-12-23 01:00 | |
Bitcoin May Need to Shed $2,000 and Tap Liquidity Region Before Rallying Higher
Bitcoin has been caught in the throes of an immense bull market over the past few days and weeks This has allowed its price to multiple over the past few months, racing from summer/fall lows of $8,600 to highs of $23,700 that were set yesterday morning The strength seen by the cryptocurrency comes as its macro-outlook brightens, with institutions and large banks warming to the technology Furthermore, there are already some signs of an imminent […] дальше »
2020-12-19 02:00 | |
Daily Created Ethereum Addresses Hits a Three-Year High
The cryptocurrency space has largely seen positive price growth, including the leading smart contract platform. Ethereum may be having one of its biggest years so far, as the system migrates over to Proof-of-Stake (PoS) verification with the launch of 2. дальше »
2020-12-15 21:53 | |
Etherereum Faces a Slight Selloff as Analysts Eye Downside Move to $550
Ethereum broke below $600 once again following what appeared to be a sustained bout of trading above this level The selling pressure seen here has proven to be quite intense, and may continue slowing the crypto’s ascent The crucial resistance level to watch closely sits at $620, as this level has sparked numerous rejections for the cryptocurrency If ETH is to gain any near-term momentum, $600 must be firmly reclaimed One trader believes that there’s […] дальше »
2020-12-5 23:00 | |
Exploring the Untapped Potential of SINOVATE’s Decentralised Data Ecosystem
Decentralized technology may have started with the birth of bitcoin, but the blockchain technology that underpins the world’s biggest cryptocurrency is gradually becoming the foundation for the most seismic technological shift seen since the birth of the internet. дальше »
2020-12-4 12:37 | |
Here’s the Bitcoin Price that “All the Key Levels” are Currently Pointing To
Bitcoin and the aggregated cryptocurrency market are currently pushing higher, with bulls moving to erase all of the losses that came about as a result of the recent selloff The selling pressure seen around its all-time highs in the mid-$19,000 region was unsurprising, but it may not hold strong during the next test of this level Traders believe that today’s rebound may not last for too much longer, with the selling pressure in the lower-$18,000 […] дальше »
2020-11-30 01:00 | |
Chainlink May Soon Set New All-Time Highs Once It Breaks This Key Level
Chainlink has been incredibly strong over the past few days, fully exposed to the upside seen across the aggregated cryptocurrency market as bulls take full control. Its price has surmounted multiple key resistance levels that have slowed its ascent in the past, and it is now only a stone’s throw away from setting fresh all-time […] дальше »
2020-11-25 00:00 | |
Bitcoin Nears Highs, But It May Not Be Ready for a Breakout; Here’s Why
Bitcoin has seen some incredible strength throughout the past few days, with each dip being aggressively absorbed by buyers This has allowed the crypto to rally past the $18,000 level and gain what appears to be a strong and stable foothold here Where it trends in the near-term should depend largely on its continued reaction to this level One analyst is noting that BTC does look like it wants to test its post-2017 highs of […] дальше »
2020-11-21 21:00 | |
Here’s Why Ethereum’s Overnight Plunge May Help Clear a Path to $700
Ethereum was struck hard by the plunge seen yesterday evening by the aggregated crypto market After setting fresh 2020 highs of $495 alongside BTC’s push towards $19,000, the cryptocurrency saw a rapid and unrelenting plunge that sent it to lows of $450 on some trading platforms This 10% decline occurred over the course of a few minutes and sent shockwaves throughout the entire market It has since recovered from these lows and is now consolidating […] дальше »
2020-11-19 23:00 | |
Ethereum May Soon See “Open Skies” and Surge Towards $800, Claims Analyst
Ethereum, much like Bitcoin and the rest of the crypto market, has seen significant buy-side pressure throughout the past couple of weeks that has allowed it to post some massive gains. Its uptrend reached a boiling point last night when buyers sent its price rocketing up to highs of nearly $500 before it faced a […] дальше »
2020-11-19 19:50 | |
Bitcoin Just Exploded Higher to $18,300: Here’s What May Come Next
Bitcoin is exploding higher after continued to see bullish strength after the daily close above $17,000. The leading cryptocurrency just minutes ago shot to $18,300, which are highs not seen since the blow-off top of the previous bull market in 2017 and 2018. дальше »
2020-11-18 08:01 | |
This Indicator Shows Bitcoin May Surge Before Seeing a 20%+ Pullback
Bitcoin is seeing some intense strength today, with bulls pushing the cryptocurrency towards $17,000 following a brief bout of weakness earlier this week. The ongoing uptrend has marked a significant extension of the trend seen throughout the past few months, with bears being unable to gain any ground against bulls as it continues pushing higher […] дальше »
2020-11-17 05:00 | |
Arcane Research: биткоин штурмовал отметку $16 000 на фоне рекордных объемов торгов
Объем торгов первой криптовалютой в начале ноября обновил рекорд 2020 года, поделились наблюдениями аналитики Arcane Research. 📈Highest #bitcoin volume in 2020📈 We have seen a massive increase in the bitcoin volume over the past month, surpassing the highs from March and May. дальше »
2020-11-14 15:03 | |
Here’s Why Analysts Expect Bitcoin to Plunge Lower in the Near-Term
It has been a relatively uneventful day for Bitcoin, with the benchmark crypto ranging sideways following the immense decline seen yesterday that sent it down to $14,800 The buying pressure at these lows proved to be too much for bears to handle and instantly sparked a “V-shaped” recovery BTC is now hovering within the lower-$15,000 region, struggling to gain any upwards momentum as its buyers and sellers reach an impasse This trend of stability may […] дальше »
2020-11-11 21:00 | |
Vaccine News Strikes Blow to Safe Haven Assets; Potentially Impacting Bitcoin
The global stock markets are rocketing today on news that a vaccine that would put an end to the ongoing pandemic has 90% effectiveness This news signals that it may only be a matter of months before things start going back to normal, which means a reduction in government spending and economic turbulence Naturally, this is a bad thing for safe haven assets, with today’s news sending the price of gold nosediving Bitcoin has seen […] дальше »
2020-11-9 21:00 | |
JPMorgan: Bitcoin Institutional Inflows in October are “Impressive”
Leading Bitcoin and crypto-asset fund manager Grayscale has seen a strong influx of investment over recent months. JP Morgan analysts think that this may be a sign that Bitcoin is acting as an alternative to gold. дальше »
2020-11-9 02:00 | |
Bitcoin Miners Halt Bull Rally as They Begin Offloading Their BTC Holdings
Bitcoin’s intense rally seen throughout the past few days has slowed down slightly, with buyers finding some resistance around $16,000 The rejection here yesterday wasn’t too intense, but it has kicked off a consolidation phase in the upper-$15,000 region One trend to keep an eye on in the near-term is outflows from miners onto exchanges This trend suggests that miners who have watched their assets appreciate rapidly in value may begin taking some profits off […] дальше »
2020-11-7 21:00 | |
Here's what Bitcoin's recent hashrate drop may imply for miners
Bitcoin has seen its hash rate decline over 43.47 % within a span of 3 days, due to Chinese mining farms closing down for the dry season. The reason being, they cannot generate enough hydropower withoThe post Here's what Bitcoin's recent hashrate drop may imply for miners appeared first on AMBCrypto. дальше »
2020-10-30 22:00 | |
“Holy Cow”: Industry Reacts to Bullish Bitcoin Analysis by JP Morgan
Bitcoin has seen a strong uptick in institutional adoption over recent weeks and months amid the worst economic trends in many decades. Wall Street analysts think that the asset may act as a hedge against the U. дальше »
2020-10-25 02:51 | |
Bitcoin Creates Strong Tailwind as Traders Rotate Capital into Altcoins
Bitcoin’s price has begun consolidating following its immense surge seen throughout the past 48 hours Yesterday afternoon, it rallied as high as $13,200 before it found any strong resistance that forced it lower Unlike the trend seen during fleeting upsurges, Bitcoin did not retrace that far into its recent rally following the rejection at these highs This indicates that bulls are in control of the asset at the moment and may indicate that further upside […] дальше »
2020-10-23 02:00 | |
Bitcoin rallies above $13K for the second time today
Bitcoin rallied above $13,000 for the second time in a 12-hour window, indicating that the upward price momentum seen earlier may still be going. The price was at $12,967 at the time of writing, haThe post Bitcoin rallies above $13K for the second time today appeared first on AMBCrypto. дальше »
2020-10-22 15:23 | |
Bitcoin to Soon Form Signal Last Seen Prior to 2,000% Rally in 2017
Bitcoin has undergone a strong rally over the past few months. From the March lows, the cryptocurrency has gained over 200%, rallying from $3,500 to $11,700 now. While already impressive, the coin is about to form a pivotal buying signal that may suggest more upside is likely. дальше »
2020-10-20 13:00 | |
Here’s the Overlooked $8.5 Trillion Investor Group That Could Boost Bitcoin
Bitcoin has been seeing massive inflows of capital from large investors and corporations throughout 2020, which may be what has allowed its price to trade well above where it started the year – despite the turbulence seen in the early months. дальше »
2020-10-20 05:00 | |
Analyst Claims Bitcoin Unlikely to Gain a Trend Until 2 Key Events Occur
It has been a rocky past week for Bitcoin, as the cryptocurrency has primarily been subjected to a bout of sideways trading Its inability to gain any trend is likely due to the stock market’s consolidation phase For better or worse, BTC has grown incredibly tied to the traditional market Its near-term trend may depend almost entirely on that seen by equities That said, one analyst is now pointing towards two key events currently taking […] дальше »
2020-10-20 21:00 | |
Litecoin long-term Price Analysis: 18 October
Litecoin, like many altcoins in the market, has seen its price drop on the charts. At press time, a consolidation after the aforementioned drop seemed to be ongoing, following which, LTC may be due foThe post Litecoin long-term Price Analysis: 18 October appeared first on AMBCrypto. дальше »
2020-10-19 22:30 | |
Monero Hard-Fork Update May Be a Case of ‘Buy the Rumor, Sell the News’
Privacy coin Monero has seen a huge price increase this year, along with a software update via a hard fork and the possibility of Atomic Swaps. Monero’s rising price has been screaming for attention for weeks. дальше »
2020-10-18 23:18 | |
Ethereum Could Push to $420 if It Flips One Key Level into Support
Ethereum is currently caught within a consolidation phase alongside Bitcoin and its other peers This has made its near-term outlook somewhat unclear, as where it trends next may depend largely on the price action seen by BTC Overnight, an influx of selling pressure caused its price to plunge just over 1%, with this decline sending it below the crucial $380 level This level has long been pivotal for Ethereum, and its recent break above it […] дальше »
2020-10-16 23:00 | |
Gold Is Poised to Retake a Crucial Support—and That’s Bullish for Bitcoin
Bitcoin has seen muted price action over the past few days after plunging from the $10,900 weekly highs as a result of negative new regarding BitMEX. Gold may soon be primed to retake a crucial support level on a medium-term scale, which may help to boost BTC after the aforementioned correction. Related Reading: Ethereum Transaction […] дальше »
2020-10-4 06:00 | |
Bullish for Bitcoin: Data Reveals Spike in Activity from New BTC Investors
Bitcoin’s price action hasn’t been providing investors with many insights, as it has primarily stagnated as it trades around $10,700 The cryptocurrency market is currently resting on the edge of a blade as investors closely watch to see where BTC may trend in the near-term One trend that seems to point to underlying bullishness is a spike in activity seen amongst new market participants While speaking about this, one on-chain analyst said that this spike […] дальше »
2020-10-1 02:00 | |
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 | |
This Statistic Shows How Small Ethereum’s DeFi Space Really Is
Ethereum’s decentralized finance space has seen parabolic growth since the start of 2020. In the past nine months, the value of coins locked in DeFi contracts has surged from around $500 million to $10 billion — a statistic that may actually undershoot true values. дальше »
2020-9-21 13:00 | |
Ethereum Could See Major Weakness if Bulls are Unable to Defend Key Level
Ethereum has seen some immense strength over the past few days, with bulls pushing it as high as $395 before it faced some intense selling pressure that slowed its ascent The cryptocurrency has been unable to garner any significant buying pressure above $390, likely due to Bitcoin’s position beneath its $11,000 resistance Once the benchmark cryptocurrency breaks through, it may create a tailwind that lifts ETH higher The recent launch of Uniswap’s UNI token seems to […] дальше »
2020-9-19 23:00 | |
Bitcoin May Soon Surge to $12,000 After Bulls Defended Critical Support Level
Bitcoin’s recent stability below $11,000 appears to be translating into technical strength, as the cryptocurrency is now beginning to push higher Whether or not bulls can extend their momentum and break above the resistance zone between $11,000 and $11,300 remains to be seen That being said, analysts are growing bullish on BTC, partially because it could post an ardent response to a key support level that was visited earlier today. Analysts are now noting that […] дальше »
2020-9-19 21:00 | |
The Stars are Aligning for Bitcoin as It Begins Forming an Ideal “Long Setup”
Bitcoin is currently bucking the market-wide downtrend and climbing higher, expressing immense signs of strength as it nears $11,000 It is important to note that there is some resistance within the lower-$11,000 region that it must surmount for it to see further upside One factor that may be driving its ongoing upswing is the flight to quality seen amongst traders It appears that investors are fleeing smaller altcoins and more speculative tokens in favor of […] дальше »
2020-9-17 02:00 | |
Ethereum’s Moving Averages Point to “Bullish Continuation” With a $1,000+ Target
Ethereum has seen some slight weakness throughout the past couple of days. This has come about despite the intense strength that Bitcoin has displayed, signaling that the resistance ETH faces between $380 and $400 may be insurmountable. дальше »
2020-9-16 00:00 | |
These 3 Factors Suggest Bitcoin May Soon Push Towards $11,250
Bitcoin has seen some incredibly strong price action throughout the past few days Bulls have stepped up to the plate and propelled the crypto up towards its $11,000 resistance, marking a notable surge from recent lows of $9,900 These lows were visited throughout the past couple of weeks, with bears ardently attempting to invalidate Bitcoin’s macro strength Their failure to do so has now opened that gates for further upside, with one analyst pointing to […] дальше »
2020-9-15 21:00 | |
Chainlink may be a hedge, but is it a long-term investment?
2020's last quarter has seen the cryptocurrency market navigate a series of rallies and corrections. Even though Bitcoin [BTC], owing to its position as the world's largest cryptocurrency, has grabbedThe post Chainlink may be a hedge, but is it a long-term investment? appeared first on AMBCrypto. дальше »
2020-9-12 18:00 | |
This Grim Technical Pattern Suggests Ethereum May Plunge to $240
Ethereum has seen a strong rebound from its recent lows, which has allowed it to outperform Bitcoin and most other digital assets throughout the past day This rebound has led it from lows of $320 to highs of over $380 Bulls are now vying to push the crypto back into the $400 region, which could allow it to reclaim its bullish market structure and see further upside One analyst doesn’t believe this is going to […] дальше »
2020-9-11 23:00 | |
As Bitcoin Consolidates, Here are the Crucial Levels that Will Determine Its Future
Bitcoin has seen a strong rebound from its recent lows, but the cryptocurrency still remains caught within a firm consolidation phase between $9,900 and $10,300 The benchmark crypto is currently testing the upper boundary of this range, but its momentum is somewhat tempered at the moment and appears to be faltering Whether or not it can push any higher in the near-term may depend almost entirely on how it reacts to $10,300 One analyst is […] дальше »
2020-9-10 02:00 | |
Ethereum’s Macro Price Action Suggests It May Hit $5,500 in 2021; Here’s Why
Ethereum has flashed some signs of technical strength throughout the past few hours, which has come about due to the rebound seen by Bitcoin. The cryptocurrency’s ability to surge from lows of $325 earlier today to highs of $355 is a positive development for its near-term outlook, as it does seem to suggest that bulls […] дальше »
2020-9-9 19:00 | |
Bitcoin Miners Generating BTC at Level Last Seen Post Halving; Unphased by the Drawdown
The crypto market may be experiencing the losses, but bitcoin miners remain unphased by the beating the digital asset took the past week. Bitcoin miners are as bullish as ever and pushing the hash rate of the network to new highs. дальше »
2020-9-8 17:54 | |
Bitcoin Bears May Soon Be Punished as On-Chain Data Grows Bullish
Bitcoin has seen some incredibly bearish price action throughout the past few days, with the cryptocurrency’s price declining to lows of $9,900 before being able to find some strong support. The buying pressure here did prove to be rather significant, as it allowed the token to rally higher and once again stabilize within the lower-$10,000 […] дальше »
2020-9-6 01:00 | |