Ether, Bitcoin Open Asia Trading Week Flat as ETH ETF Decision, Nvidia Earnings Loom

The market has priced in a rejection for the first set of Ethereum ETFs, but there are reasons to be optimistic about an approval next year, says one fund manager.

215 +

Fund managers predict SEC rejection of Ethereum ETFs next week

The SEC is set to decide on Van Eck's Ethereum ETF by May 23, with market expectations leaning towards rejection amid regulatory uncertainty. The post Fund managers predict SEC rejection of Ethereum ETFs next week appeared first on Crypto Briefing.

268 +

Bitcoin On-Chain Activity Hits Historic Lows: Is the Bottom In?

739 +

AVALANCHE PRICE ANALYSIS & PREDICTION (April 26) – Avax Initiates Fresh Weekly Drop: Can It Find Support Again?

After posting notable losses for weeks, Avalanche AVAX found a solid support level and went through a slight retracement this month. But it faced rejection again and showed signs of weakness earlier this week.

225 +

HEDERA PRICE ANALYSIS & PREDICTION (April 24) – Hbar Explodes 100% Daily To Reach A New Milestone, Faces Rejection

Starting this week on a strong note, Hbar exploded massively and saw the most gains in the last 24 hours. As a result, it appeared super bullish on the daily chart, leading the altcoins rally today with a 70% increase.

364 +

APECOIN PRICE ANALYSIS & PREDICTION (April 18) – Ape Resets To Bottom Following A 50% Loss In A Month, Can It Bounce Back

Amid the recent meltdown, Apecoin lost almost half of its market cap and rolled back to the bottom. Following a sudden rejection last week, the price retraced slightly and remained calm since the start of the week.

221 +

BITCOIN PRICE ANALYSIS & PREDICTION (April 17) – BTC Takes Downturn Again After A Rejection, Where Next? 

 After taking a short bearish break last weekend, Bitcoin recovered briefly and later faced resistance near $67k yesterday. It lost ground again and now taking another downturn.   Last Saturday, Bitcoin tested a low of $60,775 after witnessing a roller coaster throughout the week.

300 +

RIPPLE PRICE ANALYSIS & PREDICTION (April 4) – XRP Appears Indecisive After Losing 7% Weekly, Trades Under Minor Resistance

Today looks a bit calm for Ripple XRP after experiencing serious bleeding since the start of the week. It saw a rejection and now holds temporarily above a key level. The price is currently facing minor resistance.

375 +

RAYDIUM PRICE ANALYSIS & PREDICTION (March 18) – Ray Explodes 100% Weekly Amidst Crypto Drawdown, Now Retracing

Despite this week’s crypto clampdown, Ray showed strength and continued to rally upward. It flipped through a key resistance to test a new high yesterday but faced rejection and is now looking for a retest.

344 +

Will XRP's price see another 8% drop? New predictions suggest...

XRP could descend toward the mid-range level which is another ~8% drop. The buyers have lost their dominance over the past week. Ripple [XRP] saw a rejection from its 7-month range highs at The post Will XRP's price see another 8% drop? New predictions suggest... appeared first on AMBCrypto.

403 +

Bitcoin Crashes To $19,600 And Takes Long Liquidity, BTC Ready For A Bounce?

Bitcoin is retracing after a rejection north of critical resistance at around $20,000 and might be gearing up for a fresh leg down into its final support level. The crypto was seeing some profits earlier this week, but any bullish momentum has been wiped out by macroeconomic forces.

348 +

Bitcoin retreats 7% after sharp rejection at $20K

The Bitcoin (BTC/USD) price retreated hastily from the $20k level as pressure across the asset class dismantled bullish plans on Tuesday. Part of the Bitcoin news circle yesterday had been the sharp rise its price – indeed the bellwether crypto rose gallantly from lows of $18,600 to hit two week highs above $20,300.

369 +

Bitcoin: Despite crossing $20k, short-term holders bleed dry this bear season

Bitcoin’s [BTC] rejection of the $20K level last week led to the suffering of short-term holders. As per a latest Glassnode report short-term holders of the asset suffered significant unrealized loThe post Bitcoin: Despite crossing $20k, short-term holders bleed dry this bear season appeared first on AMBCrypto.

449 +

ETH's upsetting post-Merge performance could have a lot do with this one factor

Ethereum [ETH], the largest altcoin witnessed a major rejection near the $1,420 mark as of 22 September. ETH went down by over 20% in a week despite the Merge hype. There further remained a risk of a The post ETH's upsetting post-Merge performance could have a lot do with this one factor appeared first on AMBCrypto.

472 +

XRP Faces Rejection At Key Resistance; Here’s What On-Chain Metrics Suggest

XRP has been on a downtrend owing to a lack of demand for over a week now. The coin has retouched a multi-month low at the time of writing. Broader market weakness also remains to be blamed along with a whirlwind of regulatory roadblocks owing to SEC vs Ripple’s lawsuit.

468 +

Market Wrap: Cryptos Decline After Rejection of EU Bitcoin Proposal

Bitcoin (BTC) and other cryptos were unmoved after the rejection of the EU bitcoin proposal on Monday. Traders expect a busy week ahead with the Fed meeting and geopolitical developments on tap.

327 +

Bitcoin loses $40K as BTC price support levels give way to 1-week lows

The range is still very much on for Bitcoin price action, which saw a familiar rejection from the $45,000 region this week.

372 +

El Salvador buys the dip again, adds 410 BTC to its treasury, but experts raise alarm

It has been somewhat of a rollercoaster ride for Bitcoin in the past week. While Russia's announcement of a possible crypto trading and mining ban has put pressure on the market, SEC's rejection of twThe post El Salvador buys the dip again, adds 410 BTC to its treasury, but experts raise alarm appeared first on AMBCrypto.

461 +

Shiba Inu falls back to long term support level, is there any recovery in sight

A week prior to press time, Shiba Inu appeared, for a brief moment, to reclaim a critical demand area. The price rallied nearly 23% in a few days. However, it faced rejection and dropped back toward tThe post Shiba Inu falls back to long term support level, is there any recovery in sight appeared first on AMBCrypto.

405 +

XRP nears major support zone but can buyers find the strength again this time

XRP was rejected firmly at the $1 mark, which was both a higher timeframe significant level as well as a round number resistance. Since that rejection last week, XRP has formed a series of lower highsThe post XRP nears major support zone but can buyers find the strength again this time appeared first on AMBCrypto.

490 +

Kryptoin’s Spot Bitcoin ETF Is Next in Line for Rejection Before Christmas, After SEC Declines WisdomTree’s ETF

The US Securities and Exchange Commission (SEC) denied WisdomTree’s application for a spot Bitcoin exchange-traded fund (ETF) this week. “The Commission concludes that BZX has not met its burden under the Exchange Act and the Commission’s Rules of Practice to demonstrate that its proposal is consistent with the requirement that the rules of a national […] The post Kryptoin’s Spot Bitcoin ETF Is Next in Line for Rejection Before Christmas, After SEC Declines WisdomTree’s ETF first appeared on BitcoinExchangeGuide.

618 +

How Did Bitcoin’s “Big Week” Turn Out?

Bitcoin has had a big week this past week. With the new all-time highs and the VanEck Spot ETF rejection, it is interesting to see how the market has reacted to these. VanEck had filed its ETF with the SEC and on Friday, it got back the dreaded rejection. The reason given for the rejection […]

479 +

Do Bitcoin and other cryptos have any added advantages over equities

Bitcoin has shot up in price at the start of the week following a major upgrade to its network. Even the rejection of a spot bitcoin ETF by the SEC appears to have done little to damage bitcoin’s prThe post Do Bitcoin and other cryptos have any added advantages over equities appeared first on AMBCrypto.

306 +

Bitcoin extends correction as Ethereum sees ‘picture perfect rejection’ at all-time highs

A copycat move from ETH leaves investors noticeably disappointed and puts the brakes on the “up only” trend of the past week.

298 +

Bitcoin (BTC) Price Slumps below $40K as Investor Sentiment Turns Slightly Bearish

The world’s leading crypto experienced a market sentiment shift after rallying nearly 44% in a week, defying predictions that it would dip further toward the $20K range. However, the momentum seems to be slowing down after BTC faced a rejection yesterday and ranked below $40K.

520 +

Record fundamentals meet $4K Ethereum: 5 things to watch in Bitcoin this week

Bitcoin bulls face-off with altcoins after the largest cryptocurrency’s latest rejection at $60,000 resistance.

420 +

WAVES Attempts to Break Out From Long-Term $14.35 Resistance Area

Despite the slight rejection, WAVES should regain its footing and increase towards at least $16. Long-Term Levels The weekly chart shows that WAVES increased considerably over the past week, a move that accelerated once it broke out above the previous resistance area at $8.

409 +

Litecoin (LTC) Regains Footing, Aims for Higher-Highs

Despite the rejection, the Litecoin trend still looks bullish. The price is expected to make another breakout attempt in the near future.   Long-Term Litecoin Resistance Levels Litecoin increased considerably over the past week, creating a bullish candlestick to reach a high of $230.

524 +

Here’s the Key Level Bitcoin Needs to Reclaim for Bulls to Take Control

Bitcoin’s appears to be caught within a firm bear trend, with the cryptocurrency being wholly unable to see any sustained rebounds Each rally over the past week has been firmly rejected, with BTC rallying to highs of $34,500 yesterday before facing a rejection that sent it down towards $30,000 today Where the entire market trends […]

498 +

BTCD Continues Descent After Rejection

Rejection From Long-Term Resistance During the week of Dec. 27 – Jan. 4, BTCD fell from the long-term 71. 5% resistance area. It has not traded above this level since June 2017. Despite the rejection, technical indicators are still bullish.

388 +

Bitcoin Dominance (BTCD) Rejected by Resistance, Altcoins Get Relief Rally

The Bitcoin Dominance is expected to decrease toward the 66% support area at least in the short term.   Bitcoin Dominance Long-Term Rejection During the week of Dec. 27 – Jan. 4, the BTCD seemingly increased above the 71.

397 +

Will Bitcoin Find Support at $9000?

During the week of May 8-15, the Bitcoin (BTC) price decreased slightly while creating a small bearish weekly candlestick. Since this candlestick is following a price rejection from an important resistance area, this increases the chance that the price will continue decreasing in the long-term.

429 +

Ethereum Is Primed to Tumble Towards $200 Unless “Big Buyers” Step In

Trading alongside Bitcoin, Ethereum saw a strong rejection at a crucial resistance this week. For BTC, the rejection came at $10,000; for ETH, the rejection took place just above $250. The cryptocurrency has not plunged from this pivotal level, yet analysts expect Ethereum to retrace upwards of 20% as bulls remain tepid.

465 +

Crypto Market Is Securing the Technical Level That Marked Bitcoin’s 2019 High

Last week, Bitcoin and the rest of the crypto market saw a harsh rejection at critical resistance levels. Within minutes, almost all digital assets plunged by 5%, shedding the gains they had seen the day earlier.

422 +

Ethereum to Target $300 Once it Reaches This Massive Support Zone

Ethereum has been holding up quite well against Bitcoin despite seeing some slight weakness throughout the past week after facing a harsh rejection at its local highs of $255. The cryptocurrency now appears to be well-positioned to see further upside in the near-term, as analysts are noting that it has been able to form a...

543 +

Bitcoin Derivatives Data: After 15% Crash, BTC Is on the Verge of Recovering

It’s been a tough past week for the Bitcoin market. After rumors spread about Satoshi Nakamoto “selling” his BTC, the cryptocurrency saw a strong rejection in the $9,700-10,000 resistance band, plunging as low as $8,600 just the other day.

462 +

Institutional money flooded into Bitcoin before $7,000 rally, data shows

Bitcoin saw a notable price surge late-last week that allowed it to surmount the resistance it was facing at $7,000 and run to highs of $7,300, which is the point at which it lost its momentum and incurred a notable rejection.

377 +

Bitcoin Sheds 10% After Rejection At $6,800, Where Next For BTC Price?

This week the crypto market was thrown a lifeline. After weeks of setting a bearish trend, the market bust out. Starting Wednesday, the top coin Bitcoin climbed from $5,200 to reach its recent high of $6,800 on Friday.

409 +

Bitcoin Enters Accumulation Phase as Analysts Watch These Key Levels

Bitcoin’s turbulent price action seen throughout 2020 has primarily favored bears over the past week, with the cryptocurrency’s recent rejection at $10,000 sparking an intense downtrend that led it as low as $8,400.

432 +

Isn’t XRP the Easiest Short? Analyst Asks as Bearish Pressure Mounts

XRP Could Plunge, Analyst Warns After Brutal Rejection Above $0. 34 Last week, XRP saw a brutal rejection above the $0. 34 price point, falling off a cliff all the way to $0. 265 as Bitcoin saw a similar rejection at the $10,500 resistance.

527 +

Bitcoin Price Suddenly Drops $300 in 1 Hour After $10,500 Rejection

Bears have put a stop to Bitcoin gains for a second time this week as $10,500 sees clear rejection

369 +

XRP Could Be Weeks Away from a Major Breakout Despite Overnight Rejection

XRP saw some intense bullishness over the past week, with the cryptocurrency clocking some major gains in the early part of the week while Bitcoin and the aggregated crypto market faced some bearish turbulence.

467 +

$7,700 to $7,300: Where Bitcoin Is Heading After Violent Rejection

Bitcoin (BTC) has been caught in a firm uptrend over the past several days, which has primarily been the result of the massive upwards momentum that was sparked when it tapped lows of $6,400 earlier last week.

471 +

Crypto Markets Dump $25 Billion as Bitcoin Pullback Fears Fester

A sharp rejection of resistance above $9k was not entirely unexpected. Bitcoin price has been poised to pass this level for the best part of the week. When it did, an instant fake out occurred and crypto prices plunged back a thousand dollars in a matter of hours.

407 +

IOTA Price Prediction: Long-term (MIOTA) Value Forecast – April 13

The bulls remained in control of the long-term outlook. The current retracement is showing exhaustion at the 61. 8 fib area.   IOT/USD Long-term Trend -Bullish Supply zone: $0. 6000, $0. 7000, $0.

332 +

Bitcoin Inches above $4,100 as “Crypto Winter” May Finally Be over: BTCManager’s Week in Review April 1, 2019

The price of bitcoin managed to maintain above the critical $4,000 mark and closed the week two percent higher at a touch over $4,100 per coin. The Bitcoin market remained firm despite the news that the SEC has decided to delay its approval or rejection decision of the Bitwise and VanEck/SolidX Bitcoin ETF applications. WhileRead More

439 +

Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation.

639 +

Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half.

584 +

Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above.

620 +