XRP Tanks Following Hyped Airdrop That Catalyzed Parabolic Rally

XRP has given up a serious percentage of its recent gains, with the cryptocurrency’s parabolic rally fading and showing few signs of strength as sellers rise with full force. The cryptocurrency’s parabolic rally came about shortly after it plunged to lows of $0.

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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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This Pattern Suggests Ethereum’s Rally is Far from Over; Here’s How High It May Go

It’s no secret that Ethereum has been one of the best performing major altcoins of 2020, with its rally turning parabolic after it broke above $200. This parabolic rally – which occurred over the span of roughly two weeks – allowed ETH to surge as high as $290.

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Key Google Metric: Bitcoin May Explode Into $100,000 Parabolic Rally

Since Bitcoin investors got a taste of parabolic price action in early-2019, during which BTC surged from the low-$3,000s to $14,000 in a few weeks’ time, they have been craving more. According to a Google Trends analysis, another parabolic rally is about to form again in the cryptocurrency market again.

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$850: Ethereum’s Rally May Turn Parabolic After It Taps This Support Level

Ethereum has been able to continue inching higher today after ETH outperformed Bitcoin and the aggregated crypto market yesterday. This upwards movement is very tempered, however, and the crypto is still struggling to break back above $170.

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Current Bitcoin Trend is Repeating the Bull Run to $20k in 2017, And It’s Mega Bullish

All throughout the tail end of 2019, as Bitcoin’s parabolic rally came to an end and the asset fell back into a six-month-long downtrend, the price action was so similar to the run-up to the 2017 all-time high, that the rally has been dubbed a “textbook echo bubble.

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Ethereum Could Be Weeks Away From a 400% Parabolic Rally; Levels to Watch

Ethereum has been closely tracking Bitcoin and the aggregated crypto markets over the past several days, which means that ETH’s multi-day price action has primarily favored sellers. In spite of this, ETH is still trading up significantly over a weekly period, and the cryptocurrency has been able to build some short-term momentum today, allowing it... The post appeared first on NewsBTC.

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Bitcoin Breaking This Single Level Will Spark a Parabolic 800% Rally

Bitcoin’s 2020 uptrend has drastically shifted the market structure of BTC, which was previously shaping up to be incredibly bearish while it was hovering within the $6,000 region. The subsequent rallies from this price region, however, have allowed it to climb all the way up to $9,200, which appears to be a key resistance level... The post appeared first on NewsBTC.

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This Month Will Critically Decide Whether Bitcoin Enters a Full Blown Parabolic Rally or Not

Bitcoin is technically still in a bearish trend. It is down by more than 30 percent since the 2019 yearly high when it surpassed $13,000. This month will decide whether BTC enters a new extended bull market or falls back into a bear market.

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Bitcoin Price Signal That Preceded 4,000% Rally Now Forming, and It’s Huge for BTC

Ever since Bitcoin investors got a taste of parabolic price appreciation in 2019, which saw BTC gain 330% in some four months, they’ve been craving it, evidenced in the incessant flow of lofty predictions on Crypto Twitter.

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Bitcoin Price Signal That Preceded 4,000% Rally Forms Again, and It’s Huge for BTC

Ever since Bitcoin investors got a taste of parabolic price appreciation in 2019, which saw BTC gain 330% in some four months, they’ve been craving it, evidenced in the incessant flow of lofty predictions on Crypto Twitter.

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Data Shows Why Bitcoin SV’s 163% Rally in a Week Won’t Last

The recent gains seen by Bitcoin and the aggregated crypto market have been massive by most standards but have not even come close to comparing with the parabolic rally incurred by the controversial Bitcoin Cash hard fork Bitcoin SV (BSV).

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Breaking This Line Could Cause Bitcoin to Turn Parabolic and Rally 1000%

It is beginning to look increasingly as though Bitcoin’s (BTC) recent rally from its early-January lows of $6,800 to its recent highs of $8,900 is much more than a fleeting relief pump. BTC bulls have been able to hold the crypto within the upper-$8,000 region for the past day, signaling that buyers currently have enough... The post appeared first on NewsBTC.

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Bitcoin Dominance Could Be Poised for Extended Downtrend As Alts Rally

Last year, it was all about Bitcoin and its parabolic rise out of its bear market bottom. The first-ever cryptocurrency consolidated for months in a low range around $3,000 before exploding 350% to $14,000 at the year’s high.

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Does the Bitcoin SV Genesis upgrade support the narrative that Craig Wright is Satoshi?

Contentious Bitcoin Cash hard fork Bitcoin SV (BSV) has surged over 25% percent in the past 24 hours. The cryptocurrency’s significant price increase has led to a parabolic rally which may result in all-time highs for BSV.

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Bitcoin SV is going parabolic, but some people in the crypto community think it may be an “exit scam”

Controversial Bitcoin Cash hard fork – Bitcoin SV (BSV) – has been caught within a massive uptrend over the past several days, which has allowed its price to go on a parabolic rally that is leading it up towards its all-time highs.

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Gigantic Ethereum Buy Wall May Be Enough to Spark a Parabolic Rally

Ethereum has been closely tracking Bitcoin’s volatile price action as of late, which head led ETH to gain a firm position within the $140 region. The cryptocurrency’s bulls have shown signs of growing vitality over the past several days, which comes as the altcoin market begins flashing hints of having immensely bullish near-term potential. It... The post appeared first on NewsBTC.

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These Charts All Suggest Bitcoin’s Rally is About to Turn Parabolic

2020 has so far been a great year for Bitcoin (BTC), as a combination of bullish technical and fundamental factors have helped lead its price as high as $8,400 over the past ten days. This bullishness did show some signs of slowing down yesterday, but bulls have since been able to fend off the bears... The post appeared first on NewsBTC.

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Data Suggests Investors are Giving Up on XRP; Could This Fuel a Parabolic Rally?

XRP was one of 2019’s biggest losers, posting sizeable year-to-date losses in spite of the massive gains incurred by Bitcoin and some other major altcoins. This poor price action has largely stemmed from controversy surrounding the token’s close ties to FinTech company Ripple.

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Bitcoin to Peak above $140,000 in Next Bull Market: Analysis

The next Bitcoin parabolic rally may take prices as high as $141,173, based on logarithmic band analysis. But the trek to those highs may take a while testing various support levels. Bitcoin Price Prediction Based on Previous Bands Charted Forward Analysis by Benjamin Cowen based this prediction on a backward look at BTC performance so far, especially in relation to the halvings of the block reward.

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Crypto Price Action Sports Uncanny Resemblance to Bitcoin Bear Market Bottom

After an early 2019 parabolic rally, Bitcoin has spent the last few months locked within a vicious downtrend that’s seen nearly 50% of the crypto asset’s value eliminated. But after months of sustained selling, crypto analysts have begun to watch for signs a bottom may be forming, and according to one prominent trader, Bitcoin price.

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Bitcoin To Spend 2020 In Accumulation Mode, Ideal Buy Zone

While most of the crypto analysts across the market spent the bulk of 2019 overly optimistic and bullish, expecting Bitcoin’s bull run to have already commenced, one crypto analyst has remained cautious, waiting for Bitcoin’s parabolic rally to cool off and come back down to the “buy zone.

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Bitcoin Price Attempts to Reclaim ‘Mega Bull Run’ Moving Average

Bitcoin price has been falling steadily for months now back into a deep downtrend, that’s putting the asset at risk of erasing all of the gains from the 2019 parabolic rally, and putting any chance of a new bull run in Bitcoin in jeopardy.

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Why is Tezos Going Parabolic While Crypto Markets Bleed?

Tezos (XTZ) seems to be immune to the recent crypto market slide, continuing its rally from the past weeks. XTZ was up to as high as $1. 33, gaining momentum and potentially signaling a successful quarter.

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What Bull Run? Bitcoin Price Blasts Below $7,000

Following an incredible parabolic rally and recovery during the first half of the year in 2019, Bitcoin price has spent the second half of the year in an ongoing downtrend that has taken the price of the asset back into a range not traded in since the depths of the bear market.

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Could PlusToken Scam Be Responsible for Broken Crypto Market Structure?

Ever since Bitcoin’s bottom at $3,100, the crypto market has been convinced that the first-ever crypto asset was building a foundation for its next bull run. But a powerful parabolic rally this year was unable to set a new all-time high, putting a new bull run in jeopardy.

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$1000 BTC: Finding Bitcoin’s Bottom Could Be As Easy As ABC

After failing to set a new all-time high, crypto investors are unsure if Bitcoin’s bear market has ended and the bottom is actually in. If the bottom isn’t in, the entire 2019 parabolic rally could have been the B wave in a corrective ABC pattern, and the final C wave could take Bitcoin price to.

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Bitcoin Bear Flag Could Cause Crypto Asset To Retest February 2018 Lows

As the 2019 parabolic rally came to a close, Bitcoin began to trade within a large, multi-month descending triangle pattern that only just recently broke down after extensive consolidation. According to a popular crypto analyst, the breakdown resulted in Bitcoin forming a bear flag, and it likely signals further continuation to the downside, potentially as.

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Bitmain CEO Claims Bitcoin Halving May Not Spark Bull Run

Analysts and investors alike have long looked towards Bitcoin’s halving as a potential catalyst that could spark the next massive parabolic rally and usher in a new era of growth for BTC and the aggregated crypto markets.

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Bitcoin Correction Bottom Target Is $6,000, Coincides With Production Cost

Bitcoin’s parabolic rally of 2019 is now a thing of the past, and what lies ahead is anyone’s best guess. Crypto analysts are divided, with some calling a quick return to a bull market, while more bearish investors believe that Bitcoin has more to fall and will look for a bottom lower.

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New Bitcoin Trading Indicator Named After Iconic Trader Signals Buy

A new technical analysis indicator has been launched that is named after an iconic trader who accurately predicted Bitcoin’s bottom over a year before it happened, due to his familiarity with parabolic assets retracing after an overly powerful rally.

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Ethereum, XRP, Litecoin and Other Large Cap Altcoins Poised For 20% Breakout

With Bitcoin price collapsing after a powerful parabolic rally, large-cap altcoins such as Ethereum, XRP, Litecoin, and others may finally have their time to shine. If the assets among the top ten cryptocurrencies by market cap are able to hold support at current levels, they may be ready for as much as a 20% breakout.

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XRP Rebounds 10% In What Might Finally Be Ripple’s Reversal

2019 has been a tough year for altcoin investors, who have had to sit back and watch their asset’s value fall further while Bitcoin went on a parabolic rally. But no subset of altcoin holder has suffered as much as holders of XRP, the native token of the Ripple protocol.

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Bitcoin Investor: We’ll Never See $10K Again After Next Cycle Low

After a powerful parabolic rally in the second quarter of 2019, Bitcoin price is struggling to maintain the bullish momentum the crypto asset once had behind it and is currently consolidating in a tightening triangle formation.

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Alt Season 2.0: Ethereum and XRP Post 20% Gains, Litecoin and More Up 10%

At the start of 2019, altcoins like Litecoin, Ethereum, and XRP started to climb and show glimmers of hope that the bear market might finally be over, but a powerful parabolic Bitcoin rally sucked the momentum and capital right out of the altcoin market.

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Bitcoin Price Downtrend Could Continue As Indicators Begin Pointing Down

Bitcoin price has been chopping back and forth, up and down, since this past June when its parabolic rally was stopped short of retesting its previous all-time high. While bears have repeatedly failed to push Bitcoin price through critical support, the crypto asset has been clearly locked in a downtrend for the last three months.

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Bitcoin gaps on CME futures, looking bearish weeks away from Bakkt’s launch

Coming in the lead-up to the September 23rd launch of Bakkt’s BTC futures contract, Bitcoin’s explosive Labor Day rally seems to have revived sentiment amongst the bulls. A number of factors suggest the largest cryptocurrency by market capitalization could make lower lows before making its much-awaited parabolic advance, however.

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Bitcoin (BTC) is going for the 4th parabola

Cryptocurrency veteran, one of the most popular analysts Piter Brandt, tweeted a technical analysis of bitcoin movement. The graph shows that the target of the next rally is $ 100K. Piter Brandt analyzed the trajectory of the previous movement of the oldest crypto coin.

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Has Bitcoin ‘Possibly’ Entered its 4th Parabolic Phase?

Few hours ago, in a tweet, acclaimed trader and analyst Peter Brandt hinted at bitcoin ‘possibly’ entering the next leg of its next/ fourth parabolic price rally. But, what really is his claim based on?  Retweeting a tweet from Raoul Pal, Founder/CEO – Global Macro Investor and Real Vision Group, Peter shared a BTC/USD chart which looks something as below.

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Crypto Trend Analyst: Bitcoin Price Rally Has Ended, Bottom December 2019?

In December 2017, Bitcoin hit its all-time high of $20,000. In December 2018, it touched its bottom at $3,200, before going on the parabolic rally that brought us to the price point where are right now – a critical junction that either takes us into a reaccumulation phase, or Bitcoin goes on to set a.

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Fireworks Expected as Bitcoin Breaks Below $11,000 Ahead of Holiday Weekend

After a strong rejection at $14,000, Bitcoin’s parabolic rally has been cut short, and the leading crypto asset by market cap is taking a much needed pause and correction after bringing investors over 300% gains since the start of 2019.

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Two Long-Term Bulls Butt Heads Over Short-Term Bitcoin Price Direction

Bitcoin is yet again at a critical inflection point, where the days ahead may determine the trend for the coming months and potentially years in the crypto market. After a flash crash stopped Bitcoin’s parabolic advance short ahead of setting new all-time highs, many fear that the rally may be ending and will test lows.

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Binance CSO Says Bitcoin to $50k Possible — Altcoin Rally Unlikely

Binance chief strategy officer (CSO) Gin Chao says he believes bitcoin can as high as $50,000 to $100,000 in this current bull cycle, as per an interview with BlockTV. The Binance executive does not, however, expect this parabolic BTC advance to be replicated in the altcoin market.

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Traders Look to Moving Averages For Bitcoin Buyback Zones

After a solid rally there will always be a correction, it is in the nature of markets. Bitcoin’s parabolic surge to just under $14,000 in barely three months had to end somewhere and this week that pullback has deepened.

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Bitcoin’s 4th parabolic phase evident; $11,510 mark consolidation deemed crucial for the coming week

The market rally of Bitcoin in the past month has been nothing but incredible. The virtual asset continued to breach past major key resistance in the trend charts as consolidation was also achieved higher with minor corrections over the period of time.

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BitMEX exchange hits $1 trillion in Bitcoin trading volume following the parabolic advance of Bitcoin

The parabolic advance that started on April 2, caused a lot of FOMO, pushing the price as high as $13,800; the rally ended on June 26, and it has been a slow day ever since. BitMEX, one of the most famous leverage trading exchanges, known for its Bitcoin perpetual contract, surged with traders trying to […] The post BitMEX exchange hits $1 trillion in Bitcoin trading volume following the parabolic advance of Bitcoin appeared first on AMBCrypto.

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Parabolic Bitcoin Price Smashes $13,000: The Money Behind Bitcoin's 'Explosive' Run

The bitcoin price roared to a new 2019 high in the early hours of Wednesday, briefly touching $13,000 on the Huobi exchange. Bitcoin is now at levels not seen since January 2018 with a market capitalization of $224.

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Hedge Funds Are on the Losing Side of the Bitcoin Futures Bet Lately

As speculative interest has returned to bitcoin futures markets, so too have short sellers. According to the most recent CFTC Commitment of Trader’s (COT) report, hedge funds may have been getting roasted by BTC/USD’s meteoric rise through $11,000.

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Bitcoin Price’s Meteoric 2019 Isn’t Even a Mainstream Trend Yet

The bitcoin price carved out a new 2019 high on Sunday, piercing above $11,200. The parabolic rally marks a 250 percent recovery from the lows of October 2018. But this price rally is missing one thing: retail investors.

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