These Macro Factors Show That Bitcoin Bears are Gaining Control of BTC

Bitcoin’s bulls and bears appear to be locked within an intense battle for control over the cryptocurrency Bears have been gaining the upper hand over the past few weeks, as the crypto has been consistently trending downwards despite being caught within a multi-week consolidation phase Presently, BTC is trading just above a crucial support level that appears to be growing weaker due to it being tested on multiple occasions over the past few days As […] дальше »

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Bitcoin Recording Third Best Quarterly Close & Another Strong Q2, But Q3 Paints a ‘Challenging’ Picture

Bitcoin is currently trading above $9,100 in green with just $1.1 billion in ‘real’ trading volume. The leading digital currency has recovered 140% since the March crash but is up only 27% YTD. Despite the minimal yearly gains and ending the first quarter of 2020 on a red note of 10.58%, the second quarter has […] дальше »

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Will Ethereum Break Out Above $250?

On June 26, Ethereum broke down from a rising support line that had been in place since March 13. While the price is still trading inside a strong support area, the bearish price action suggests that the current upward trend has ended. дальше »

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Ethereum Could Narrowly Avoid Another Decline If It Closes Above $230

Ethereum is slowly recovering and trading above the $225 level against the US Dollar. ETH is likely to rise sharply if it clears the $228 and $230 resistance levels. Ethereum is showing positive signs above the $224 and $225 support levels. дальше »

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Bitcoin Could Recover Significantly And Only 1 Thing Is Holding It Back

Bitcoin is slowly moving higher and trading above the $9,100 level against the US Dollar. BTC could start a strong upward move if it clears the $9,300 and $9,340 resistance levels. Bitcoin is showing a few positive signs above the $9,000 and $9,100 levels. дальше »

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Ethereum Struggles to Flip Crucial Trendline as Analysts Eye Move to $120

Ethereum’s price has been sliding lower over the past several days Despite Bitcoin being able to maintain above the lower boundary of its long-held trading range, ETH is now trading firmly below the range it formed over the past several weeks This points to some underlying weakness amongst its buyers which comes as it nears its crucial $220 support level It also just confirmed a “death cross” formation that hasn’t been seen since March. This […] дальше »

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Two Volatile Altcoins That Could Soon Move Upwards

Matic Network (MATIC) is trading above a long-term rising support line but has yet to move above a crucial resistance area. Loom Network (LOOM) is trading inside a bullish pattern but has yet to break out. дальше »

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Ethereum Facing Uphill Task Near $228: Here’s Why It Could Tumble

Ethereum is currently recovering from the $216 swing low against the US Dollar. ETH is now facing an uphill task near $228-$230, and it could resume its slide. Ethereum is currently trading above the $220 and $222 resistance levels. дальше »

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This Confluence Of Bearish Factors Shows Ripple (XRP) Could Dive Again

Ripple started an upside correction after trading as low as $0. 1690 against the US Dollar. XRP price is currently facing a strong resistance at $0. 1800 and it could resume its decline. Ripple corrected higher above the $0. дальше »

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Bitcoin Is Recovering But $9,300 Could Trigger A Fresh Decline

Bitcoin is currently correcting higher from the $8,813 swing low against the US Dollar. BTC is trading above $9,000, but it is facing many hurdles near $9,200 and $9,300. Bitcoin started an upside correction after trading to a new monthly low at $8,813. дальше »

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This Trend on Bitfinex Puts Ethereum in a Precarious Position Compared to Bitcoin

Ethereum and Bitcoin have been seeing mixed price action in recent times The weakness seen by these two cryptocurrencies has been mounting over the past few days BTC is struggling to hold above $9,000 as Ethereum trades below its long-established trading range One trend that could have grave impacts for ETH in the near-term is the number of tokens being moved into exchanges – and particularly into Bitfinex This comes as the crypto finds itself […] дальше »

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Ethereum Just Shattered a Crucial Resistance; Is the Bull Run Beginning?

Ethereum’s price has been teetering just above its crucial support that exists at the lower boundary of its long-established trading range. This does appear to be an overt sign of technical weakness, although there are several reasons why some analysts still remain bullish on the cryptocurrency. дальше »

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Bitcoin Sees Third Lowest Volatility Since The Crypto Bubble First Began

Bitcoin price has been trading sideways for over forty days and counting. The crypto asset has been unable to break above $10,000 or remain below $9,000 for more than a few moments. The sideways action has caused the third-lowest volatile point on record over the last four years. дальше »

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Ripple (XRP) Showing Positive Signs But This Resistance Holds The Key

Ripple is currently correcting higher from the $0. 1783 low against the US Dollar. XRP price is showing positive signs, but it must surpass $0. 1850 to continue higher. Ripple slowly gaining traction and it is trading above the $0. дальше »

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Bitcoin Recovery Runs Into Resistance: Here Are Key Breakout Levels

Bitcoin started an upside correction after testing the $9,000 support against the US Dollar. BTC is now facing a strong resistance near the $9,300 and $9,400 levels. Bitcoin is recovering and it is trading above the $9,200 support level. дальше »

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Barcelona Fan Token $BAR Trading 185% Above the Token Sale Price

Spanish professional football club Barcelona sold 1. 2 million euro (US$1. 3 billion) worth of fan tokens in less than two hours. 600,000 tokens were sold at a fixed price of €2 ($2. 24) and are tradeable on Socios. дальше »

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Ethereum’s Strength Degrades Following Rejection at $250; What Comes Next

Ethereum has flashed signs of technical weakness overnight following a harsh rejection at $250 This level marked its high-time-frame resistance, and its inability to break above it seems to elucidate underlying weakness amongst its buyers Analysts are noting that it could be poised to continue pushing higher despite this latest setback There is one crucial level that it is trading just a hair above that could invalidate this potential rebound Ethereum has flashed signs of […] дальше »

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Bitcoin Hesitates But This Technical Breakout Suggests Gains Above $9,800

Bitcoin started a downside correction from the $9,780 swing high against the US Dollar. BTC found support near $9,600 and it is currently gaining bullish momentum for a fresh rally. Bitcoin is trading nicely above the $9,500 support zone and the 100 hourly simple moving average. дальше »

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Bitcoin Balance on Exchanges Hits A New 1-Year Low, Bull Market in the Making?

The market is green this week. Bitcoin is currently trading just above $9,600, up 1. 46% but on the back of $1. 6 billion spot trading volume. While the price is trending up, the BTC balance on cryptocurrency exchanges continues to decline to hit new 1-year lows. дальше »

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Ethereum Just Saw Technical Breakout, Indicators Point To More Upsides

Ethereum is up more than 4% and it surged above the $240 resistance against the US Dollar. ETH is currently showing a lot of bullish signs and it is likely to accelerate above $250. Ethereum is gaining bullish momentum and it is trading nicely above $240. дальше »

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Capital Flowing Is Into Small-Caps and DeFi Space as Bitcoin Consolidates

The price of bitcoin consolidated in a narrow range last week but without any catalyst. Today, the leading cryptocurrency is recording some gains of 1.20% while trading above $9,450. Volume is also extremely low across the board, while bitcoin futures having its slowest session since January, ‘real’ spot volume also dropped below $1 billion. Very […] дальше »

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Ethereum Smashes Heavy Resistance: Here’s What Could Propel it to $250

Ethereum is up around 2% and it broke the $232 resistance against the US Dollar. ETH has likely moved into a positive zone and it could continue to rise towards $240 or even $250. Ethereum is slowly gaining bullish momentum above the $232 resistance The price tested the $235 resistance and trading well above the […] дальше »

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Ripple (XRP) Lack of Bullish Momentum Could Derail Its Recovery To $0.20

Ripple is slowly correcting higher above the $0. 1850 level against the US Dollar. However, XRP price must break the $0. 1880 resistance and the 100 hourly SMA to start a strong upward move. Ripple is still trading in a bearish zone below $0. дальше »

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3 Key Reasons Why Bitcoin Price Could Surge Above $9,500

Bitcoin is trading nicely above the $9,300 and $9,220 support levels against the US Dollar. BTC is likely to continue higher towards $9,500 and $9,800 as long as it is above $9,220. Bitcoin is forming a strong support base above the $9,220 support zone. дальше »

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Determining Bitcoin’s Long-Term Trend

The Bitcoin price has been trading inside a descending wedge since July 1. While a breakout from this pattern is expected, the long-term trend cannot be considered bullish until BTC breaks out above $10,500. дальше »

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Here’s the Critical Price Level That May Kick Off Ethereum’s Next Bear Trend

Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many of its other peers, but an overnight dip below this level was quickly absorbed by buyers Analysts are still forecasting […] дальше »

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Will Ethereum Break Out Above Resistance?

The Ethereum (ETH) price is currently trading inside a minor support area and has shown numerous signs of weakness, all of which suggest that a short-term fall awaits. Note: This is a shorter-term analysis. дальше »

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Bitcoin Glued on $10.5K Retest as Retail Interest Hits Record High

Bitcoin slipped on Wednesday in a choppy trading session that also saw the U. S. stocks heading lower. The cryptocurrency swung above and below $9,500 while briefly crashing to as low as $9,227 on Coinbase exchange. дальше »

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This Silver Fractal Suggests Bitcoin Could Soon See a Parabolic Rally

Bitcoin’s well-established consolidation trend is showing no signs of ending anytime soon, as the crypto is still hovering within the mid-$9,000 region Each attempt to break above or below the upper and lower boundaries of its current trading range have been unsuccessful There is, however, one fractal pattern that bodes well for the crypto’s bulls One analyst is pointing to similarities between previous silver price action and Bitcoin for insights into where the benchmark digital […] дальше »

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Ethereum Topside Bias Vulnerable Unless ETH Surges Past $240

Ethereum seems to be consolidating above the $232 and $230 support levels against the US Dollar. ETH price must break the $238 and $240 resistance levels to start a fresh increase. Ethereum is currently stuck in a range and trading near the 100 hourly simple moving average. дальше »

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Determining Bitcoin’s Current Pattern

The Bitcoin price has been decreasing since June 1. While the price is trading inside a descending wedge, which is considered a bullish pattern, the long-term trend cannot be considered bullish unless the price breaks out above $10,000. дальше »

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Bitcoin Daily Chart Points A Crucial Breakout Setup With Resistance At $10,000

Bitcoin is trading well above key supports on the daily chart against the US Dollar. BTC seems to be preparing for a crucial bullish breakout above the $10,000 resistance zone. Bitcoin traded as high as $10,390 before it started a minor downside correction. дальше »

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STEEM and OMG Could Soon Resume Their Upward Trend

Steem (STEEM) and OmiseGO (OMG) are both correcting inside reversal patterns, a breakout from which would indicate that they’re ready to resume their previous upward trend. Steem (STEEM) Since the beginning of March, the STEEM price has been trading above the 2080 satoshi support area, with the exception of a 10-day period in May. дальше »

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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. дальше »

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Analyst: If Bitcoin Holds $8,700, the Chances of “Bullish Continuation” Are High

The past few weeks have seen Bitcoin tread on thin ice multiple times: every time the cryptocurrency rallied to $10,000, it snapped lower, often violently. This week’s attempt at the crucial $10,000 resistance was no exception: after temporarily trading above the level for all of 20 minutes, the asset began a precipitous decline. дальше »

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ENJ Finds Support Above 2000 Satoshis & Should Move Higher

After a strong upward move, ENJ has been retracing over the past ten days. The price is trading inside a significant support area, and the action is considered bullish as long as it remains here. дальше »

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Ethereum Makes Yet Another Breakout Attempt

The Ethereum price is trading inside a vital resistance area. A breakout above could trigger a rapid price rise. However, the price has been showing signs of weakness lately, making a rejection more likely. дальше »

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$11,200: Bitcoin Supporters Aim Big After Recent Spike And Volatility

Bitcoin is gaining bullish momentum and it broke the $9,800 resistance zone against the US Dollar. BTC price is likely to continue higher if it settles above the $10,000 resistance zone. Bitcoin is slowly moving higher and it is trading above the $9,800 and $9,720 support levels. дальше »

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Bitcoin Prints Two Technical Trends Last Seen at the Start of the Rally to $20,000

While Bitcoin is trading more than 150% above its March lows, there have been some doubts that the cryptocurrency is going to enter a full-blown bull run. Skeptics of the bull case cite trends like the economy, which still remains in a dismal shape despite trillions of dollars worth of stimulus from the world’s governments. дальше »

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Bitcoin Cash analysis: range-bound for below $260

Bitcoin Cash is trading sideways below $260, but a break above this level could...

The post Bitcoin Cash analysis: range-bound for below $260 appeared first on Coin Journal.

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Bitcoin’s Short-Term Move Could Determine Its Long-Term Trend

The Bitcoin price bounced at the $9,450 support area on June 7 and has been increasing since. While the price is trading inside a resistance area, an increase above would likely trigger a rapid move upwards. дальше »

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Decision Time: Top Crypto Traders Expect Massive Bitcoin Move In Days Ahead

For forty days and forty nights, Bitcoin price has been trading above $8,000 but has repeatedly failed to hold above $10,000. A series of higher lows has kept buying strong, but the cryptocurrency has failed to gain the momentum it needs to break through the critical resistance. The push and pull of buyers and sellers... дальше »

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Bitcoin Miners Speed Up Block Generation to Highest Since Sept. 2017

After starting the month above $10,000, Bitcoin is currently trading around $9,700 with a low “real” volume of under $2 billion. Trading in a narrow range of $9,450 to $9,900, any upticks in price are soon stripped down. дальше »

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Bitcoin gears up for a push above $10,500

With price trading above $9,700, Bitcoin’s next uptrend could push it over major resistance...

The post Bitcoin gears up for a push above $10,500 appeared first on Coin Journal.

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Cryptocurrency News Roundup for June 8, 2020

After a brief dip yesterday, Bitcoin fought back to emerge from the weekend above $9,700. The benchmark crypto dipped 2% in just a few hours to go below $9,470 for the first time since June 1. However, it bounced back and was trading at $9,720 at the time of press. дальше »

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Ethereum Defies Gravity But Here’s Why It Must Break $250 For Fresh Rally

Ethereum started a fresh increase from the $235 zone against the US Dollar. ETH price is now trading nicely above $240, but it is still struggling to gain momentum above $245 and $250. Ethereum is trading well above the $240 support and the 100 hourly simple moving average. The price must surpass the $245 and... дальше »

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A Key Trend is Forming For Ripple (XRP) and a Swift Rally Could Occur

Ripple is currently consolidating above the $0. 2000 support against the US Dollar. XRP price is likely to start a strong increase above $0. 2100 as long as it is above the 100 SMA (H4). Ripple price is currently trading nicely above the main $0. дальше »

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XRP is Prepping for a Fresh Breakdown Despite Climbing Social Volume

It’s no secret that XRP has been one of the worst performing cryptocurrencies throughout the past couple of years, woefully underperforming both Bitcoin and its USD trading pair. This underperformance may soon extend even further, as analysts are noting that the crypto is on the cusp of seeing another breakdown as it hovers just above... дальше »

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Bitcoin Looks Ready for a Bounce After a Tumultuous Tuesday

On June 2, the Bitcoin price was subject to a rapid decrease that caused it to drop by roughly $600 inside of an hour. At the time of press, BTC was trading at $9,500, slightly above a minor support area. дальше »

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Bitcoin Holds $9.5K Support But Indicator Shows Investors Undecided On Next Move

Bitcoin is holding strongly above the $9,500 support despite a seemingly weak start to the week. The day has been marked by declining figures. Notably, Bitcoin dominance and trading volume. This is unsurprising as the digital asset was eclipsed during the weekend by altcoins. дальше »

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