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Cryptocurrency News Roundup for May 28, 2020
Bitcoin broke through the major resistance between $9,200-$9,350 on Thursday and made it past $9,500. The mini-rally came barely a day after a leaked document showed that not only does Goldman Sachs advise clients against investing in Bitcoin, but it doesn’t even count cryptocurrencies among legit asset classes. дальше »
2020-5-29 12:15 | |
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Ethereum Rallies Above $220 And Likely To Continue Higher To $240
Ethereum is up more than 8% and it broke the key $215 resistance zone against the US Dollar. ETH price is trading nicely above $220 and it could continue to rise above $230. Ethereum is showing a lot of positive signs and it rallied above $215 and $220. The price is likely to continue higher... дальше »
2020-5-29 11:58 | |
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Bitcoin Breaks Out and Approaches $10,000 Yet Again
The Bitcoin price has been increasing since May 25. The rate of increase accelerated on May 27, and the price has been trading inside a steep ascending channel since. On May 28, the Bitcoin price broke out from the $9,250 resistance area, doing so with significant volume. дальше »
2020-5-29 11:20 | |
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Bitcoin Breaks Key Hurdle: Here’s Why It Could Revisit $10,000
Bitcoin is up more than 4% and it broke the key $9,500 resistance zone against the US Dollar. BTC price is currently correcting lower, but dips remain supported near $9,350. Bitcoin gained traction above the $9,300 and $9,500 resistance levels. дальше »
2020-5-29 06:58 | |
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Ether Options Open Interest Hits All-Time High
While BTC options open interest broke past the $1 billion threshold, the growth in ETH options has gone unnoticed. Ether options have been making new highs every week and are... The post Ether Options Open Interest Hits All-Time High appeared first on Crypto Briefing. дальше »
2020-5-29 16:03 | |
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Crypto Altcoins May Tumble as BTC Dominance Looks to Break Key Resistance
After days of stagnation, the crypto market finally broke higher on Wednesday. In the past 24 hours, Bitcoin has gained 4%. Most altcoins have registered similar gains over that same time frame. Signs are growing that this bull trend will continue, with BTC bouncing off key supports during the recent retracement. дальше »
2020-5-29 15:00 | |
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Ethereum Could Rally Significantly And Only 1 Thing is Holding it Back
Ethereum is showing positive signs and it broke the $205 resistance against the US Dollar. ETH price could rally significantly if there is a clear break above the $210 resistance. Ethereum gained traction and managed to climb above the $205 level and the 100 hourly SMA. дальше »
2020-5-28 11:58 | |
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How Long Can Bitcoin’s Upward Move Continue?
The Bitcoin price has broken out from a descending wedge but has yet to move above an important resistance level. Technical indicators have begun to show weakness. Yesterday, the Bitcoin price began an upward move and broke out above the current resistance level. дальше »
2020-5-28 11:10 | |
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Is Bitcoin Leveraged Trading Only For Veterans and Where Should Beginners Turn to?
A few days ago when I was browsing Reddit, I stumbled upon some posts on Bitcoin leveraged trading. It seems that many people believe leveraged trading is a game only for the experienced or the resourceful, and beginners dare to venture into this game will likely go broke. дальше »
2020-5-28 17:13 | |
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Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900
Following an extended bout of sideways trading within the $9,000 region, Bitcoin has now firmly broke below this range as it trades around $8,800 Although the crypto has ardently defended its near-term support, its technical outlook does appear to be rapidly degrading Some analysts are even noting that its latest breakdown has opened the gates for it to see a movement that leads it as low as $5,900 in the weeks and months ahead Bitcoin […] дальше »
2020-5-26 02:00 | |
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For Bitcoin miners will Lightning Network be the straw that broke the camel's back?
Bitcoin miners have been under a lot of stress in the recent past as the king coin underwent its third block reward halving. Sustainability of many mining operations post-halving has been and continueThe post For Bitcoin miners will Lightning Network be the straw that broke the camel's back? appeared first on AMBCrypto. дальше »
2020-5-25 12:30 | |
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Bitcoin Saw A Key Technical Breakdown: Here’s Why BTC Could Decline Further
Bitcoin started a strong decline after it broke the key $9,500 support against the US Dollar. BTC price is currently correcting higher from the $8,794 low, but upsides are likely to remain capped. Bitcoin is down more than 5% and it broke many key supports near $9,500 and $9,150. The price is now trading well... дальше »
2020-5-22 06:58 | |
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Analyzing Bitcoin’s Future Movement After Creating a Double-Top
On May 20, the Bitcoin price broke down from an ascending triangle it had been trading in over the past week. The ensuing upward movement failed at the first resistance level, suggesting that the price is not yet done correcting. дальше »
2020-5-22 13:05 | |
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Crypto Pundit reveals what will likely ignite another parabolic Bitcoin Rally
Just as BTC broke a previous “accumulation” period before entering a new Bull run, once it breaks the price barrier between $10,000 – $12,000 it will end the “re-accumulation phase”, and markets will “ignite another parabolic rally” according to data provided by Adamant Capital’s Tuur Demeester. дальше »
2020-5-21 00:29 | |
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Ethereum 2.0 optimism primed to propel markets, but could be held back by Bitcoin. Here’s why
Earlier this week, Ethereum broke out of its long term range. By climbing above $210, Ethereum set itself for long term gains. The largest altcoin has found resistance at $215 and has since retracted to the $212 position. дальше »
2020-5-21 20:34 | |
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Outlining Ethereum’s Future Movement as Bears Circle It
The Ethereum price has broken down from a long-term ascending support line. Unless it is successful in reclaiming it, its price movement is considered bearish, with increases only serving to validate previous support levels from which Ethereum broke down from. дальше »
2020-5-19 00:15 | |
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When Will the Decrease for EOS and XRP Come to an End?
On May 2, the prices of both EOS and XRP broke down below important support levels. While it is possible that a short-term bounce transpires, which causes a validation of these levels, it is likely that they both will continue decreasing towards their closest respective support areas. дальше »
2020-5-16 00:15 | |
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Ethereum Reclaims $200 — Can it Hold On?
The Ethereum price has been decreasing under a descending resistance line since April 30, when it reached a high of $227. The downturn really began to accelerate on May 8. On May 10, the Ethereum price broke down from an ascending support line that it had been following since the bottom on March 10. дальше »
2020-5-14 18:10 | |
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Bitcoin Downplays S&P 500 Correlation, Hits $9.7K as Gold Rise
Bitcoin closed above $9,700 in hopes to wipe out its pre-halving crash amidst growing risk-off demand. The cryptocurrency broke its short-term correlation with the S&P 500 after the Federal Reserve gave a grim economic outlook. дальше »
2020-5-14 12:13 | |
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Ripple (XRP) Follows Bitcoin’s Rise But $0.21 Shows Bearish Case Remains Intact
Ripple traded higher and broke the $0. 2000 resistance following bitcoin price rise against the US Dollar. However, XRP is still facing many hurdles near $0. 2100 and $0. 2200. Ripple is trading higher and it managed to clear the $0. дальше »
2020-5-14 08:58 | |
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Bitcoin Edges Higher on Additional $3 Trillion Stimulus Hopes
Bitcoin surged by almost 600 points Wednesday after Federal Reserve Chairman Jerome Powell said additional fiscal stimulus is “worth it” to protect the economy. The benchmark cryptocurrency, while rising, broke its correlation intraday with the U. дальше »
2020-5-14 08:24 | |
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Technicals Suggest Ethereum Needs To Clear $205 For Hopes of a Fresh Rally
Ethereum is slowly rising and it recently broke the $192 resistance against the US Dollar. ETH price must gain bullish momentum above $205 to start a strong rally towards $220 or $230. Ethereum is moving into a positive zone, with a close above the $192 resistance. дальше »
2020-5-14 07:48 | |
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Bitcoin Smashes Heavy Resistance: Here’s What Could Propel It To $10,000
Bitcoin broke a major resistance zone near $9,000 and $9,100 against the US Dollar. BTC price is gaining momentum and it could soon climb above $9,500 and test $10,000. Bitcoin started a strong rise and broke the key $9,100 resistance zone. дальше »
2020-5-14 06:28 | |
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Bitcoin Just Established a Foothold Above $9,000: Here’s What May Come Next
In the three days after Bitcoin plunged 15% in an hour from $9,700 to $8,100, the cryptocurrency was stuck in a holding pattern, trading between $8,100 and $8,800. But just today, BTC finally broke out, passing the key psychological resistance of $9,000 as buyers entered the market. дальше »
2020-5-14 02:29 | |
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Bitcoin Just Broke Its Short-Term Downtrend; Here’s How High It Could Rally
Bitcoin was finally able to recapture its position above $9,000 after an extended period of trading beneath this level The cryptocurrency now appears to be gearing up for a big push higher as it maintains a firmly bullish market structure This bullishness could be further bolstered by its recent ability to break above a descending trendline that had previously been guiding it lower After making multiple attempts to break back above $9,000, Bitcoin buyers were […] дальше »
2020-5-14 02:00 | |
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Ethereum Just Broke $190 and Its Primed To Test $205: Here’s Why
Ethereum is gaining bullish momentum above $190 against the US Dollar. It seems like ETH price is preparing for more gains towards the $200 and $205 resistance levels in the near term. Ethereum is showing positive signs above the $188 and $190 levels. дальше »
2020-5-13 07:38 | |
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What Does XRP’s Breakdown Indicate for the Future Movement?
In the beginning of May, both the XRP/USD and XRP/BTC pairs broke down from important support levels, possibly indicating that the previous upward trend has ended. While the XRP/BTC price had been previously showing signs of weakness, the XRP/USD decrease was more unexpected, possibly occurring as a result of the decrease in the price of […] The post What Does XRP’s Breakdown Indicate for the Future Movement? appeared first on BeInCrypto. дальше »
2020-5-13 07:20 | |
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Here’s why JPMorgan banking for crypto exchanges is a big deal for Bitcoin
News broke today that banking giant JPMorgan would be extending banking services to two of the world’s most prominent crypto exchanges. This is significant news considering that the bank’s CEO previously called Bitcoin a “fraud. дальше »
2020-5-13 20:00 | |
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Will New Crypto Bill Absolve Ripple of On-going XRP Lawsuits?
At present, fintech firm Ripple is already subject to several lawsuits that allege it broke SEC rules by selling unregistered securities with sales of the XRP crypto token. But in a further blow, attorneys for a company called Bitcoin Manipulation Abatement LLC filed a fresh lawsuit with the US Federal District Court on May, 1st... дальше »
2020-5-12 17:03 | |
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After the Sharp Drop, Ethereum Is Due for a Retracement
On May 10, the Ethereum price broke down from an ascending support line that had been in place for 58 days. However, it has been showing short-term signs of a reversal. The breakdown transpired after a rapid drop that began on May 10 and caused the price to decrease by 14% in a single day. дальше »
2020-5-11 23:15 | |
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Here’s Why Hedge Fund Manager Paul Tudor Jones Is Now Bullish on Bitcoin
News broke recently that major head fund manager Paul Tudor Jones is now a big fan of Bitcoin as a hedge against inflation. It seems he recently had a change of heart. You may have read it already, but Paul Tudor Jones is now officially bullish on Bitcoin (BTC). дальше »
2020-5-10 08:35 | |
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5 Bullish Bitcoin Charts, Three Patterns Not Seen Since the Parabolic Run of 2017
Earlier this week, bitcoin broke the important psychological level, $10,000 and hovered around this level for two days only to make a retreat today. Currently, we are trading around $9,500 while managing the daily trading volume of just $2 billion, yet again slowing down on the weekend. дальше »
2020-5-10 21:37 | |
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Macro Investor: Chances Bitcoin Will See “Vastly Higher” Prices Just Surged
It’s been an explosive past 24 hours for Bitcoin and the cryptocurrency market. After building bullish momentum for the past seven weeks, BTC finally broke past $10,000 today, posting a more than 170% gain since the $3,700 lows of March. дальше »
2020-5-9 15:00 | |
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Ethereum Holds Strong Above $200, Can ETH Follow Bitcoin’s Rise
Ethereum is up around 2% and it broke the key $210 resistance against the US Dollar. ETH price is showing positive signs and it could rise further, similar to bitcoin. Ethereum is slowly moving into a bullish zone above the $210 pivot level. дальше »
2020-5-8 07:38 | |
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Bitcoin Primed To Test $10,500 as Bulls Take Over Crypto Market
Bitcoin is up more than 7% and it broke the $10,000 resistance against the US Dollar. BTC is showing many bullish signs on the daily chart and it is likely to test $10,500. Bitcoin is gaining bullish momentum and it recently spiked above $10,000. дальше »
2020-5-8 06:28 | |
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Bitcoin Makes Another Attempt at Moving Above $9,300
The Bitcoin price has broken out from a short-term descending resistance line but still has yet to move above its April 30 high. On May 6, the Bitcoin price broke out from a short-term descending resistance line. дальше »
2020-5-7 12:05 | |
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Crypto Price Analysis May 6: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK
On May 6, the Bitcoin price finally broke out from the resistance line it had been following over the past week. This could be a sign that the BTC price is ready to move towards new highs. In this article, we will take a look at the Bitcoin price movement, along with nine other cryptocurrencies, […] The post Crypto Price Analysis May 6: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK appeared first on BeInCrypto. дальше »
2020-5-7 01:37 | |
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Ethereum CMBI index outperforms Bitcoin with 59% monthly returns
The cryptocurrency market noted speedy recovery following the significant losses it faced after the crash in March. After a period of steady consolidation, the Bitcoin market soon broke above $8k, witThe post Ethereum CMBI index outperforms Bitcoin with 59% monthly returns appeared first on AMBCrypto. дальше »
2020-5-6 11:00 | |
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Bitcoin Dominance Climbs, Leaving Altcoins Vulnerable to New Leg Down
Bitcoin dominance broke down recently from a long-term trend line, potentially signaling that an altcoin season would soon be upon us. However, Bitcoin’s latest surge ahead of its halving has caused BTC dominance to reclaim the trend line, leaving altcoins vulnerable to another devastating leg down. дальше »
2020-5-5 23:00 | |
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Bitcoin Hits $9K, Stocks Down as Investors Stare at Trade War 2.0
Bitcoin’s correlation with the S&P 500 broke Friday as it climbed circa 4. 5 percent ahead of the New York opening bell. On the other hand, futures tied to the U. S. benchmark fell 2. 26 percent. дальше »
2020-5-1 15:21 | |
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Ethereum's price rise in April is only outmatched by its own market activity
Ethereum finally broke above the elusive $200-level in the past 48-hours, with the collective asset class continuing to go on a significant rally. Ethereum has been one of the top performers in the maThe post Ethereum's price rise in April is only outmatched by its own market activity appeared first on AMBCrypto. дальше »
2020-4-30 22:30 | |
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Bitcoin Options trading spikes to new high after dreadful crash
Bitcoin's price, after a period of consolidation, broke out of the $7k range to shoot directly to $9k. This tremendous spike in BTC's price transpired over the course of 29 April and continued onto eaThe post Bitcoin Options trading spikes to new high after dreadful crash appeared first on AMBCrypto. дальше »
2020-4-30 20:30 | |
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After BTC’s Best Day In Months, Bitcoin is Blowing Up on Chinese Twitter
April 29th was undoubtedly one of Bitcoin’s biggest days in months. On this day, the cryptocurrency finally broke from its consolidation pattern under the $7,800 resistance in a strong fashion, reaching $9,000 at the trading session’s highs — more than 15% higher where it had started. дальше »
2020-5-1 15:00 | |
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Ethereum Rally Seems Unstoppable: Here’s Why It Could Test $250
Ethereum is up more than 12% and it broke the $220 resistance against the US Dollar. ETH price is likely to continue higher and it could even test the $240 and $250 levels. Ethereum is surging and it recently broke the $215 and $220 resistance levels. дальше »
2020-5-1 07:48 | |
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Bitcoin SV (BSV) Has Broken Through $200: What’s Next?
On April 25, the Bitcoin SV (BSV) price broke out from a long-term descending resistance line. This is a bullish sign that suggests the price has begun a new upward trend. The Bitcoin Cash fork has only increased incrementally since then. дальше »
2020-4-30 22:07 | |
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Bitcoin’s Breakout: New Upward Move or Retracement?
On April 29, the Bitcoin (BTC) price broke out from a short-term ascending channel that had been in place for the past five days. The price reached a high of $7966 before decreasing slightly. Bitcoin’s Breakout After five unsuccessful attempts at moving above the resistance line, the Bitcoin price finally managed to move above it […] The post Bitcoin’s Breakout: New Upward Move or Retracement? appeared first on BeInCrypto. дальше »
2020-4-29 14:58 | |
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Ripple (XRP) Is Surging: Here’s How It Can Fuel Bitcoin’s Rally
Ripple is up more than 10% and it broke the key $0. 2000 resistance area against the US Dollar. XRP price is showing positive signs, suggesting a similar breakout in bitcoin above $8,000. Ripple price succeeded in clearing a major resistance near $0. дальше »
2020-4-29 08:58 | |
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Will Bitcoin’s April 2019 Fractal Take It to $16,000?
Throughout April and May 2019, the Bitcoin (BTC) price has traded inside an ascending wedge. Even though this is considered a bearish reversal pattern, the price broke out and increased by more than 100 percent afterward. дальше »
2020-4-27 18:10 | |
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