Bitcoin fees remain low despite price surge but Vitalik says they could soar

Bitcoin transaction fees are less than 10% of their 2017 highs, but Vitalik Buterin believes it’s only a matter of time before they soar back up.

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Bitcoin Could Run to New Highs as BTC Forms Tweezer Bottom at $19,000

Bitcoin has undergone its latest leg higher just recently, pushing to $19,450 on top exchanges. The coin now trades for $19,150 after a slight retracement. Analysts remain bullish as the chart remains bullish: a trader said that the coin just formed a tweezer bottom when it went to test the lows at $18,900.

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Technical Analysis: XRP at $0.79 after parabolic 150% rally

XRP surged to highs of $0.79 amid a parabolic rally that could see bulls…

The post Technical Analysis: XRP at $0.79 after parabolic 150% rally appeared first on Coin Journal.

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Here’s Why Analysts Think Ethereum Could Go Parabolic to $800 Soon

Ethereum has enjoyed a massive rally over the past two days despite some weakness on the part of Bitcoin. The leading cryptocurrency has rocketed from the $500 region to highs near $600 as of this article’s writing.

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Another significant bullish market trend that could catapult Bitcoin’s price to new highs

Technical indicators may suggest that Bitcoin is currently staggering between gains and losses, but fundamental patterns are suggesting otherwise. The new fundamental signal according to Glassnode’s report implies that selling pressure is reducing drastically.

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XRP Is Entering New Bull Cycle That Could Send Its Price Soaring Towards $1 — Analyst

As bitcoin sets new highs, XRP appears set to initiate a new bull wave. A cryptocurrency analyst has observed that a particular technical indicator is indicating the possibility of the asset jumping over 192% towards $1.

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Analysts Expect Move to $20,000 High as Bitcoin Holds Key Supports

Bitcoin underwent a rapid correction last evening after the coin pressed as high as $18,500 on leading exchanges. Even still, analysts remain optimistic on the leading cryptocurrency. One trader said that since Bitcoin managed to hold key support levels despite entering the low-$17,000s twice in the span of a few hours, it could move to new highs.

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Bitcoin Set To Smash Last Resistance, $20,000 Now Clearly On The Horizon

Bitcoin hitting new all-time highs is much closer than ever, although this Bitcoin rally was predicated on many different occasions by analysts, the digital asset could break $20,000 any time from now.

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Bitcoin Cash, EOS, Dash Price Analysis: 17 November

Bitcoin's performance could positively influence Bitcoin Cash, which has posted a series of lower highs in the past week. EOS retraced most of its downward move from earlier this month, while Dash forThe post Bitcoin Cash, EOS, Dash Price Analysis: 17 November appeared first on AMBCrypto.

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Ethereum Could Be in a Precarious Position as Buyers Fail to Break Key Level

Ethereum has been underperforming Bitcoin throughout the past couple of days, drifting lower while the benchmark crypto nears its 2020 highs Higher risk assets like ETH may be seeing tempered price action because investors fear the sustainability of BTC’s latest push higher If it can stabilize and see a continued bout of sideways trading, then assets like Ethereum may be able to push significantly higher One trader is noting that until $460 is flipped back […]

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Bitcoin Primed to Bounce as $16,000 Level Holds Multiple Times

Bitcoin has undergone a slight drop since the $16,400 highs. Though analysts think that the cryptocurrency remains bullish as the $16,000 support level holds. Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom Bitcoin Could Move Back Toward the Highs as $16,000 Holds Analysts think that Bitcoin could move back toward the […]

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Analysts Watch Crucial Bitcoin Support as Altcoins Gain Momentum

Bitcoin has been inching lower throughout the past few days and weeks, with buyers and sellers both being unable to take control of its near-term trend This slight decline has come about following a period of immense strength and stability as it consolidated above $16,000 If it continues trading below this level, its recent $16,500 highs could mark a long-term top Where it trends next may depend on one key support level that an analyst […]

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Analyst Expects Bitcoin Retrace to $12,000 as Powerful Uptrend Stalls

Bitcoin has flashed some immense signs of strength throughout the past few hours, once again pushing up towards $16,000 Bulls appear to be gearing up for another test of this crucial resistance level If rejected here, this level could be confirmed as a mid-term top that is followed by immense downside A break above this level, however, would but a move to its all-time highs on the table One analyst is noting that he is […]

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This Pattern Suggests Bitcoin Could See a Prolonged Consolidation Phase

Bitcoin has seen some immense volatility throughout the past few days, rallying to highs of $15,800 just over a day ago before facing a sudden influx of selling pressure that sent its price plunging to lows of $14,800.

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Analysts Eye Bitcoin Move Past $16,000 as Buying Pressure Continues

Bitcoin has dropped since its highs of $15,975 set last week. The coin trades for $15,300, which is still far above the lows of $14,300. Analysts think that Bitcoin could resume its ascent above $16,000 in the coming days as the price holds the $15,000 region.

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Here’s Why Bitcoin Could See One More Correction Before Its Uptrend

From last week’s highs, Bitcoin sustained a heavy correction into Saturday. The cryptocurrency fell from $16,000 to a low of $14,300, marking the first large correction of the recent uptrend. The cryptocurrency has since bounced back as the markets have turned risk-on once again on news of a seeming Biden presidency. While the Nasdaq futures […]

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Bitcoin’s Ongoing Surge Could Gain Steam as Shorts Are Underwater

Bitcoin has seen immense volatility over recent days. The coin currently trades for $13,800, above the $13,200 lows on Monday but below the daily highs at $14,100 and the weekend highs at that same level.

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Indicator Shows Bitcoin is “Overbought” as Average Investor Profit Hits 115%

Bitcoin may be forming a mid-term top around its recent highs, with the multiple rejections posted at $13,800 not bearing too well for its short-term outlook The cryptocurrency remains caught within a potent uptrend, but this level is proving to be incredibly difficult for bulls to break If they continue failing to find any stability around this level despite the bullish monthly candle close, it could point to weakness amongst buyers One analytics firm is […]

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Ethereum’s price could slide to $350

ETH price retreats to $382 lows amid increased selling pressure ETH/USD rose to highs...

The post Ethereum’s price could slide to $350 appeared first on Coin Journal.

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Expect an “Inverse Capitulation” if Bitcoin Breaks $14,100: Analyst

Bitcoin currently trades for $13,800, establishing another floor as it looks to move even higher in the days ahead. The coin is below the daily highs of $14,100, set around 16 hours ago. Analysts think that Bitcoin could rip higher once it turns the $14,000 region into support.

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Bitcoin Could Rally to an All-Time High if It Hits One Key Level

Bitcoin could be on the cusp of posting a move to fresh all-time highs if it can close its monthly candle today above one critical level. The benchmark cryptocurrency has been caught within the throes of an intense uptrend throughout the past several days and weeks, with each selloff being fleeting and followed by it […]

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Bitcoin Just Rejected $13,600—and That Could Trigger a Move Lower

Bitcoin has undergone a strong rejection at $13,600 after an attempted breakout on Thursday afternoon. The coin currently trades for $13,200, more than $400 below the aforementioned highs. Analysts think that this failed breakout may be a precursor to more losses.

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Here’s What May Have Caused Bitcoin to Nosedive into Its Key Support

Bitcoin saw a nosedive that caused it to erase all of yesterday afternoon’s gains as a result of the intense selling pressure around $13,800 This level marks the cryptocurrency’s 2019 highs, and a continued bout of trading at this level could confirm this as a local top It is important to note that BTC has found support above $13,200, which is a positive sign suggesting that upside is imminent The resistance here isn’t the only […]

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How The Dollar (DXY) Is Responsible For Bitcoin Rejection Under $14,000

Bitcoin has been explosive for the past few weeks now, revisiting highs from 2019. But before the leading cryptocurrency by market cap could set a higher high and confirm a bull market, the dollar’s recovery might have gotten in the way.

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Wall Street Veteran Raoul Pal Thinks Bitcoin Will Pass $20,000 in Q1 2021

Bitcoin has undergone yet another strong rally to the upside over the past day, reaching highs of $13,850. Analysts believe the coin will continue higher in the days and weeks ahead. Raoul Pal, for instance, said that BTC could hit new all-time highs by Q1 of 2021 “at the latest.

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Bitcoin Holds Above Critical Support Level as Bulls Target $14,000

Bitcoin has seen some further upside today despite the intense selloff seen in the stock market This confirms the narrative regarding it now being fully decoupled from traditional assets It has also been able to set new yearly highs this morning when it rallied towards $13,500 If it continues holding above its near-term resistance-turned-support at $13,200, the crypto could soon gain further momentum that leads it up towards $14,000 This is an intense resistance level […]

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Large Bitcoin Holders Just Moved 80,000 BTC; Analysts Grow Cautious

Bitcoin is in the process of testing its 2020 highs again as bulls attempt to take the reins and guide it to see further upside It has been struggling to gain any serious near-term momentum due to the selling pressure at $13,200, but once broken, it could rally towards $14,000 Despite its overt bullishness at the present moment, there are a few bearish signs that may indicate that a selloff is brewing One analyst is […]

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Ethereum Could Break Dramatically Higher Once It Holds $500

Ethereum has undergone a strong surge over recent days that has brought it from the $360 range to highs of $420. Analysts say that it will undergo a macro move higher once it manages to flip $500 into support.

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PERL and COTI Could See Trend Reversals After Significant Drops

The Perlin (PERL) price has lost more than 80% of its value since its August highs. While the price has returned to an important support level, there are no definite bullish reversal signs in place yet.

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The Crucial Level to Watch as Ethereum Prepares to Shoot Toward $700

Ethereum topped out dramatically in August when it hit $490, then crashed. The coin currently trades for $370, 25% below those highs. Analysts think that Ethereum could soon shoot higher as the macro trend remains bullish.

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Analyst: Breaking This One Level Could Send Bitcoin to $14,000+

Bitcoin’s price has been consolidating in the time following its strong surge up to highs of $11,400 The cryptocurrency has yet to revert any of these gains and appears to be gearing up for another big push higher Where the market trends next will likely depend on BTC, as it has been firmly guiding the altcoin crypto market One analyst is now noting that Bitcoin could soon see a move to over $14,000, but he […]

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Analyst Claims Chainlink Could Plummet Below $7.00 as Selling Pressure Ramps Up

Chainlink, despite being the darling of the crypto market since 2017 for altcoin traders, is now facing some immense turbulence – the likes of which haven’t been seen in years. The cryptocurrency gained notoriety for its ability to consistently set fresh highs while the rest of the market was reeling lower in the wake of […]

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Tether Could Replace Ether Next Year, Despite Ethereum Miners Pushing Network to New Highs

The second-largest network is enjoying immense growth. The average estimated number of hashes per second produced by the miners in the Ethereum network has reached its all-time high, surpassing 250 trillion/second.

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As Long as Bitcoin Holds $10,500, Price Could Hit $11,200: Analyst

Bitcoin has stagnated at the local highs around $10,700 over the past few hours and days. The leading cryptocurrency remains below the highs it set last week prior to the BitMEX news breaking. Analysts are still optimistic about the cryptocurrency despite the ongoing stagnation and relatively weak price action.

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Bitcoin Could See an Accelerated Decline to $9,500 if It Breaks One Key Level

Bitcoin’s price has been largely stagnant over the past couple of days, with its recent uptrend stopping short of leading the cryptocurrency up to highs of $11,000 BTC has been able to maintain the bulk of its recent gains despite the selloff seen yesterday afternoon This selloff caused it to wick as low as $10,500 on some exchanges, but the decline was fleeting and followed by a strong rebound Although Bitcoin has been consolidating ever […]

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When This Signal Flashed in 2017, Bitcoin Gained 1,500%. It’s Back Again

Bitcoin has flatlined over recent weeks, entering a trading range between $10,000 and $11,000. On a macro basis, not all analysts are convinced that BTC is in a full-blown bull market. There are a number of resistances above Bitcoin’s current price that could mark highs of a medium-term rally.

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One of Bitcoin’s Bull-Scenarios Was Invalidated by Selloff; Factors to Consider

Bitcoin has been caught in the throes of immense volatility throughout the past few days, with the cryptocurrency being unable to form a sustainable trend This has led investors to question what could come next for BTC, as it is still caught within the long-held trading range between $10,000 and $11,000 That being said, the latest decline that sent the crypto reeling down from its $10,500 daily highs struck a blow to its technical outlook […]

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Uniswap’s UNI Token Could Rocket Past $6.00 as Bulls Defend Crucial Support

UNI – the governance token of the Uniswap platform – has been seeing some immense turbulence in the time since its launch. The hype surrounding the token – which was airdropped to all of Uniswap’s users – sent the price of the cryptocurrency rallying up to highs of $8.50. The token lost its momentum once […]

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Here’s Why Analysts Think Ethereum Could Soon Move to $350

Ethereum has rallied slightly over recent highs after a strong correction from its $390 highs. The coin now trades at $370 as of this article’s writing, slightly below the aforementioned highs.

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Analyst: Bitcoin May First Tank to $9,700 Before Rallying to Fresh Highs

Bitcoin bulls and bears are currently deadlocked as the cryptocurrency trades around $11,000 This price region has proven to be heavy resistance for BTC in the past, and whether or not it can be surmounted in the coming day or so should provide insight into the strength of BTC’s bulls A rejection here could cause it to see some notable downside in the near-term, sending shockwaves throughout the entire cryptocurrency market One analyst is noting that […]

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These 3 Technical Signs Show Bitcoin Could Soon Reverse Lower

Bitcoin has surged higher since bottoming last week under $10,000. The coin now trades for $10,850, slightly shy of the local highs at $11,150. BTC seemingly remains in a bull trend as it holds above the pivotal $10,500 support.

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Ethereum Dropping Under This Level Could Trigger a 25% Altcoin Correction

Ethereum has slipped lower from its local highs despite Bitcoin pushing above $10,800. The leading altcoin currently trades at $360, around 8% below the local highs at $390. The coin is down 4% in the past 24 hours while BTC posts a tepid gain of 0.

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Polkadot (DOT) Attempting to Reclaim September Highs

The Polkadot (DOT) price has bounced at an important support level and is aiming to break above its previous highs. Failure to break out above the current resistance area could once again trigger a rapid drop towards the $3 level.

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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 […]

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This Eerie Fractal Predicts Ethereum Will Soon Trade At $500

Ethereum could bounce towards $500 after dropping from its $480 highs. The leading cryptocurrency now trades for $380, having been pressured lower by Bitcoin dropping, which itself was catalyzed by weakness in legacy markets.

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Analyst: Ethereum May Target $650 After Invalidating Signs of Bearishness

Ethereum and the entire crypto market have shown some signs of strength today This has allowed ETH to push up towards $500, with the cryptocurrency rallying to highs of $475 before seeing some stalling momentum Analysts don’t believe that this ongoing upsurge is anywhere close to being completed One trader noted that his bearish scenario for ETH has now been invalidated, suggesting that further upside could be imminent Another trader is now setting his sights […]

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Bitcoin’s Looming Breakout Could Make for New 2020 Highs

The Bitcoin (BTC) price has broken out from a crucial resistance area and invalidated a number of bearish wave counts. This makes it likely that BTC has begun a new upward wave that takes it above the current yearly highs.

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This on-chain metric shows Bitcoin could be on the cusp of an explosive upswing

It has been a rough day for Bitcoin, with the benchmark cryptocurrency seeing intense turbulence that has caused its price to oscillate between highs of $11,600 and lows of roughly $11,100. The post This on-chain metric shows Bitcoin could be on the cusp of an explosive upswing appeared first on CryptoSlate.

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Here are the Simple Factors That Could Pull Bitcoin Towards Its 2020 Highs

Bitcoin is showing tempered signs of strength at the present moment as its price pushes up towards $11,800 The cryptocurrency has been seeing slight weakness in recent days, making this latest upswing a welcome development for bulls BTC has yet to break its prolonged consolidation phase between the lower-$11,000 region and $12,000 Some factors suggest a break of this range is imminent in the near-term One analyst is pointing to stock market strength and weakness […]

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