Price analysis 1/8: BTC, ETH, XRP, LTC, ADA, DOT, BCH, XLM, LINK, BNB

Traders are buying every dip and pushing Bitcoin price to new highs on a daily basis, triggering many altcoins to follow suit.

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Enjin Coin (ENJ) price surges by 60%; 90% in one week

The recent Bitcoin rally has stirred up the entire altcoin market, allowing the entire crypto industry to see significant price growth. Enjin Coin (ENJ) emerged as the best daily performer in the last 24 hours after seeing its price skyrocket by 60%.

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Cardano Price Analysis - Transactions per day and active addresses hit new all-time highs

A quick comparison between coins using a staking mechanism shows ADA first in market cap, total daily transaction volume, and git commits on all repos over the past year. ADA is near the front of the pack in totally daily fees and in the middle regarding transactions per day, and daily active addresses.

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Bitcoin News Roundup for Jan. 7, 2021

With the price of bitcoin up another $2K and the cryptocurrency sector now valued at more than a trillion dollars, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

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Ethereum Price Analysis - Technicals are bullish for the ETH/USD pair

Technicals are bullish for the ETH/USD pair based on current trend metrics, as the spot price is currently above both the 200-day EMA and the daily Cloud. Over the next few months, a target of US$1,220 is possible based on VPVR, yearly pivots, and a newly established bullish pitchfork.

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Bitcoin Price Analysis - Active addresses near all-time highs

The Bitcoin network has far more active addresses than any other blockchain. A large uptick or sustained increase in daily active addresses can be seen as a bullish indicator for market prices as it suggests an increase in on-chain demand.

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Bitcoin News Roundup for Jan. 4, 2021

With the price of the top two cryptocurrencies exploding into the new year, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

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Polkadot (DOT) price explodes over 50%

Polkadot (DOT) price has gained about 40% this week after recording two extremely positive daily performances on Monday and Tuesday. Fundamental analysis: Cooperation with Cere Network Cere Network said it secured an additional $1.

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Bitcoin’s Next Impulse Move Could Send It Rocketing to $40,000: Analyst

It has been on a wild ride the past few weeks, with buyers being in full control of its price action as it continues rising on a nearly daily basis Where it trends in the mid-term will undoubtedly depend on whether or not it can continue printing higher lows each week Some analysts do believe […]

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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.

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Bitcoin Bullish Hammer Reversal Forming, But Beware Of Bull Trap Potential

Bitcoin price dipped as low as $17,700 overnight before bulls drew a line in the sand and began to defend the recent rally. Although the move down was sharp and severe, the strength of bulls has left a long wick behind and a bullish “hammer” is forming.

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Litecoin Price Analysis - Continued bullish technical indicators

Technicals for the LTC/USD pair reveal bullish trend metrics with the spot price above both the 200-day EMA and daily Cloud. The most significant upside resistance sits at US$70 based on the yearly pivot and VPVR.

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Here's why Bitcoin accumulation isn't stalling despite $19K price

Grayscale Bitcoin Trust may be the closest to a Bitcoin ETF in 2020. The daily GBTC trade volume has increased steadily since June 2020 and this is critical to Bitcoin’s price and liquidity. GrayscaThe post Here's why Bitcoin accumulation isn't stalling despite $19K price appeared first on AMBCrypto.

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Ethereum Could Target $700 Next If Bulls Break This Crucial Resistance

Ethereum has been closely tracking Bitcoin’s price action as of late, which has caused it to see some large volatility Bulls have been trying to secure ETH a stable position above $600, but the selling pressure here has been quite intense Until Bitcoin flips $19,000 into a support level and begins pushing higher, ETH could see some further consolidation One trader is now noting that a strong daily close above $600 could be all that […]

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Chainlink, Crypto.com Coin, VeChain Price Analysis: 01 December

Bitcoin's market cap was at $361 billion as the market eagerly anticipated a daily close above ATH. Chainlink was trading within an ascending channel and recently flipped the $14 psychological level tThe post Chainlink, Crypto.

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DASH Price Analysis - USD market flips bullish

Technical indicators for the DASH/USD market pair have flipped from bearish to bullish over the past few days. The current spot price is now above both the 200-day EMA and daily Cloud.

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Stellar Price Analysis - Bullish trend metrics

Technicals for the XLM/USD and XLM/BTC pairs show bullish trend metrics. Both pairs are above their respective 200-day EMAs and daily Cloud levels.

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Price Analysis: BAND dips to $5.20 after altcoin sell-off

Band Protocols’ token BAND has flashed a sell signal on the daily chart to…

The post Price Analysis: BAND dips to $5.20 after altcoin sell-off appeared first on Coin Journal.

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The TIE’s Joshua Frank on why long-term Bitcoin predictions are BS

If you’ve been in the Bitcoin game long enough, you probably wake to new price targets daily, each more outrageous than the last one. The post The TIE’s Joshua Frank on why long-term Bitcoin predictions are BS appeared first on CryptoSlate.

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Should you buy Bitcoin daily or weekly?

Nobody can time the market. Not even in Bitcoin markets. But what can be timed is our investments. With Bitcoin's price rise and fall being one that cannot be adequately predicted, we should focus onThe post Should you buy Bitcoin daily or weekly? appeared first on AMBCrypto.

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Ripple Price Analysis - Speculative mania leads to multi-year price high

Technicals for the XRP/USD pair are bullish, with the spot price above both the 200-day EMA and the daily Cloud. Technicals for the XRP/BTC pair are also the most bullish they’ve been in years.

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Bitcoin price has now only been higher one day in history

Nov. 24 is generating the second-highest daily price ever for Bitcoin, with November already its best month in terms of dollar gains.

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Analyst: Ethereum Likely to Target $555 as Bulls Shatter Key Level

Ethereum has rocketed past $500, with its ongoing upswing coming about as investors begin pouring capital into altcoins while BTC pushes towards its all-time highs This momentum is showing no signs of slowing down anytime soon Whether or not bulls can close its price above this level during tonight’s daily close will provide some insight into its mid-term outlook This surge has created a tailwind for altcoins, with many posting massive gains as the DeFi […]

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Ethereum Price Analysis - Technicals bullish as Ethereum 2.0 launch looms

Ethereum's hash rate and transactions per day are both up significantly from 2019 lows. Technicals for the ETH/USD pair are bullish - with the spot price currently above both the 200-day EMA and the daily Cloud.

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Tezos Price Analysis - Bearish exhaustion on the horizon

Technicals for both the XTZ/USD and XTZ/BTC pair show bearish trend metrics with spot prices far below the 200-day EMA and daily Cloud.

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Ethereum still bullish, but $500 price break still not in sight

Daily gains on the live charts may not mirror a bullish Ethereum, but “IncomingSharks” a cryptocurrency analyst explained to his Twitter audience that Etherhttps://zycrypto. com/tag/ethereumeum, the world’s second most valued cryptocurrency by market capitalization is still buoyant enough to hold support at its current price.

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Bitcoin Enters “Uncharted Territory” as Macro Outlook Grows Bullish

Bitcoin is holding steady above $16,000, even gaining some slight momentum above this level as buyers remain in full control This price action has been undoubtedly bullish for the cryptocurrency, with a daily close above this level confirming that this latest push higher is more than a fleeting pump Now that buyers have flipped this into support, it could be time for the crypto to see even further gains in the near-term One analyst explained […]

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Bitcoin Bull Run and Infura Ethereum Debacle – BeInCrypto Video News Episode 2

Welcome to the second episode of BeInCrypto’s bi-weekly news show. Friday the 13th is unlucky for some, but not for BiC as this is the 8000th article published since our launch in August 2018! Today we dive in to discuss Bitcoin blitzing past $16,000, reaching its highest daily price close since 2018.

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EOS Price Analysis - Bearish pressure continues

Technicals for both EOS/USD and EOS/BTC reveal bearish trend metrics with prices below both the 200-day EMA and the daily Cloud.

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ChainLink Price Analysis - On-chain metrics support the current bullish trend

Technicals for the LINK/USD have remained in bullish territory since the March drop, with the LINK price now holding above the 200-day EMA and just below the daily Cloud.

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Bitcoin Targets $17,000 After Achieving Highest Daily Close in 2020

Bitcoin (BTC) reached a daily close of $15,707 on Nov 11, marking the highest daily close so far in 2020. The price is currently making an attempt at breaking out from an ascending triangle, which is expected to be successful and could take the price towards the next resistance at $17,000.

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Analysts Expect Explosion Past $500 as Ethereum Nears Crucial Resistance

Ethereum has undergone a strong rally over the past 48 hours as the crypto market has bounced back from the weekly lows. The price of ETH currently is $473, up 5% in the past 24 hours alone. Analysts expect further gains as the asset looks poised to close a daily candle above $482, which should trigger a move above $500.

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Litecoin Price Analysis - Bullish technical indicators

Technicals for the LTC/USD pair reveal bullish trend metrics with price above both the 200-day EMA and daily Cloud.

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Bitcoin Falls on Positive Coronavirus Vaccine Results; Risks Ahead?

Bitcoin’s second attempt to close above $16,000 hit a wall on Monday as traders assessed the latest progress on a coronavirus vaccine. The benchmark cryptocurrency fell 0. 77 percent, suggesting that its last week’s advance, which took its price to a three-year high, would reverse in the daily sessions ahead.

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Ethereum Daily Address Spiking Shows Profits Are Cycling From Bitcoin

The number of daily Ethereum addresses is surging for the first time since mid-October, coinciding with an overall price recovery

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Here’s How Bitcoin Can Still Thrust to $17,000 In the Near Future

Bitcoin has undergone a strong drop since the weekly highs of $15,975. The price of the leading cryptocurrency is $14,800 as of this article’s writing, $1,200 shy of the highs but $500 above the daily lows.

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Ripple (XRP) price at risk of rotating lower in November

Ripple (XRP) price has failed to stay above $0. 26 which is likely to invite more selling pressure in the coming week. Fundamental analysis: XRP volume soared by more than 100% in Q3 Ripple posted its Q3 report in which it said the average daily XRP volume surged by over 100% to $403.

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Multiple data points indicate this about Bitcoin's breach of $15K

Five months into the third halving and Bitcoin's price has rallied 75%. Most of this can be attributed to the race to over $15000 in the past 24 hours. There was a 6.47% daily gain and this could possThe post Multiple data points indicate this about Bitcoin's breach of $15K appeared first on AMBCrypto.

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Bitcoin Bounces $500 After 7% Correction: What’s Next for BTC?

On Monday morning, Bitcoin plunged lower despite a rally in the price of equities. The price of the leading cryptocurrency currently is $13,700, around $500 above the daily lows at approximately $13,200.

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DFI.Money (YFII) Reaches Double-Bottom, Struggles to Hold Support

DFI. Money (YFII) has been, for the most part, decreasing since Sept 12. It appeared to have reversed its trend at the beginning of October but has since fallen back to its daily all-time low. Whether or not YFII bounces at the current support level will be a strong indication of new negative price discovery or […] The post DFI.

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Bitcoin Cash, Ontology, Maker Price Analysis: 28 October

Registering poor daily returns, both Ontology and Maker’s valuation were down by almost 3% since yesterday. This happened despite, Bitcoin recording appreciable gains on its daily charts. Given aThe post Bitcoin Cash, Ontology, Maker Price Analysis: 28 October appeared first on AMBCrypto.

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Chainlink, IOTA, FTX Token Price Analysis: 28 October

Most digital assets recorded negative gains on their daily charts today, as the bears controlled the market. Chainlink and FTX Token remained just above their key support levels following a strong selThe post Chainlink, IOTA, FTX Token Price Analysis: 28 October appeared first on AMBCrypto.

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Binance Coin Price Analysis - Record token burn

Binance has masterfully engineered the BNB token to become an all-encompassing aspect in every facet of the ever-growing Binance ecosystem. Technicals for BNB/USD suggest a strong bullish trend with price above both the 200-day EMA and daily Cloud.

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Bitcoin Paints Two Bearish Signals as Price Holds $13K; What’s Next?

Bitcoin is looking to face a period of sell-off as its daily chart reveals the presence of two historically accurate bearish indicators.

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Why major Bitcoin futures exchange Bybit is integrating Chainlink price feed

Bybit, the top six Bitcoin futures exchange by open interest and daily volume, is integrating the price feeds of Chainlink (LINK). The post Why major Bitcoin futures exchange Bybit is integrating Chainlink price feed appeared first on CryptoSlate.

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Ethereum Reaches Daily Close Above $400 – What’s Next?

The Ethereum (ETH) price has finally reached a daily close above the $390 resistance level, something it had failed to do since the early Sept drop. As long as the price is trading above this level, the possibility of upwards continuation is the most likely option.

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Market Pundit On Why Bitcoin Price Is Poised For Second Highest Monthly Close Ever

Bitcoin is currently trading at $13,126 after a massive 7.5% breakout above $12,000 on October 21. The digital asset has established a robust daily uptrend and a new 2020-high at $13,220. Several analysts have stated that the rank 1 cryptocurrency can most likely reach its all-time high again in the near future. Peter Brandt, a […]

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Charted: Litecoin Price Daily Timeframe Indicates Strong Uptrend To $65

Litecoin started a strong upward move from the $41. 50 support zone against the US Dollar. The price is now trading nicely above the $50. 00 level and the 100-day simple moving average. There was a break above a crucial bearish trend line with resistance near $48.

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Coinend: 1,2,3 Take off – New Gamified Crypto Prediction Platform

Coinend has announced the launch of its cryptocurrency gamified platform. GPC DIGITAL S. A operates this cryptocurrency-based gamified prediction portal, a corporation incorporated in Panama. It allows users to predict the closing price based on hourly, daily and weekly prices of various cryptocurrencies, with a reward for all participants.

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