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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Yearn.finance’s YFI Could Soon Rally Past $20,000 as Technical Strength Grows

Yearn.finance’s YFI governance token has been struggling to gain any momentum throughout the past few days and weeks, with buyers aiming at sending the cryptocurrency significantly higher. YFI’s token has been flashing immense signs of strength throughout the past few weeks, with buyers taking control of its price action after massive inflows of selling pressure […]

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Polychain Now Owns 1.6% of the Yearn.finance (YFI) Supply as Uptrend Holds

Yearn. finance’s YFI governance token has seen some massive momentum today, with the cryptocurrency’s price rocketing higher as buyers take control of its mid-term trend. The crypto is in the process of trying to break above its crucial near-term resistance, which sits at roughly $18,000.

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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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These 3 Factors Suggest Bitcoin is Ready to Explode Higher in Coming Days

Bitcoin has firmly broken above $16,000, with the cryptocurrency flashing signs of immense strength as buyers move to shatter this incredibly strong resistance level Analysts believe that this ongoing rally may just be getting started, as there are a multitude of different factors currently working in bulls’ favor One trader explained in a recent tweet that funding rates and premiums have both been diving, signaling that margin traders are flipping short This trend, coupled with […]

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Bitcoin Rally Seemingly Unstoppable, Revisits Recent High Around $16K

Bitcoin price continues to be propelled higher from aggressive dip buyers looking to ride the new bull market beyond $20K. But first, the cryptocurrency has to get through just under $16K where it was stopped in its tracks just days ago.

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Why Uniswap’s UNI Could be Just a Week Away from “Price Discovery”

Uniswap’s UNI governance token has been rocketing higher alongside the aggregated DeFi sector throughout the past few days, once again surmounting $3. 00 as buyers aim at it seeing further upside in the mid-term.

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Market data indicates OKEx whales are expecting Bitcoin to spike past $14k

Bitcoin is spiking higher once again as buyers continue to rush in.

The post Market data indicates OKEx whales are expecting Bitcoin to spike past $14k appeared first on CryptoSlate.

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Bitcoin Just Posted Its First Weekly Close Above $11,700 Since 2018

Bitcoin and the aggregated crypto market have remained stable overnight, with bulls attempting to spark another uptrend The benchmark cryptocurrency is once again pushing up towards its long-held resistance around $13,200 If this level is shattered in the near-term, BTC could gain some serious traction that causes its price to rocket higher Where the market trends next will undoubtedly depend somewhat on BTC’s reaction to this level One factor currently working in buyers’ favor is […]

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Filecoin (FIL) Shoots 25% Higher as Buyers Step Back In

Filecoin has undergone a strong drop since its all-time highs above $100 set on its launch date earlier this month. The coin currently trades for $25, 75% below those highs. Despite this drop, buyers seem to be stepping back in.

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Stellar (XLM) price explodes 10% as it approaches $0.09

Stellar (XLM) price is trading nearly 10% higher on the day after the buyers forced a break of the daily resistance line at $0. 0844. The latest news that Stellar will become the third blockchain to support the USDC stablecoin have continues to drive XLM price higher.

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Bitcoin Cash (BCH) is up 9% on the week, tests key resistance

Bitcoin Cash (BCH) price is trading over 9% higher this week to bring the buyers to a key weekly resistance near $255.   Fundamental analysis: A new merge mining pool captured 33% of Bitcoin Cash hashrate Supporters of Bitcoin Cash (BCH) have been recently talking about a new high-hashrate mining entity that joined the network.

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Analysts Expect Chainlink to See Accumulation Before Rocketing Higher

Chainlink’s price action has been rather lackluster as of late, with Bitcoin’s indecisiveness not providing altcoins with much momentum. LINK has been caught within a bout of sideways trading throughout the past few days, with buyers and sellers largely reaching an impasse as the crypto ranges between $10.

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Ethereum is About to Rocket Higher as Bulls Break Multiple Key Levels

Ethereum’s price has been moving in lockstep with Bitcoin’s throughout the past few days Although this previously caused it to see a prolonged period of boring and lackluster price action, it eventually worked in ETH’s favor The cryptocurrency is now rallying higher and approaching its crucial $380 resistance as buyers take full control of its short-term price action The ongoing upswing is significant, as it has allowed both ETH and BTC to shatter the selling […]

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Top DeFi Coins Boom 5-20% As Ethereum Roars Higher, Fundamentals Strong

Ethereum has undergone a strong surge in the past 24 hours as buyers have stepped back into the crypto market. In the past day alone, ETH has gained 5%, as it currently trades at $368. For context, Bitcoin is only up around 1.

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Data Shows This Single Trump Tweet Marked the Local Bitcoin Bottom

Bitcoin’s price has lacked directionality throughout the past several days and weeks, with both buyers and sellers reaching an impasse This has come about as it continues trading squarely in the middle of its long-held trading range between $10,200 and $11,200 Despite being closely correlated to the stock market, yesterday’s intense equities rebound was not enough to pull Bitcoin higher The cryptocurrency still remains below multiple key levels One analytics firm still believes that the […]

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Bitcoin In Midst of “Losing Some Steam” as Crucial Support Levels Near

Bitcoin has pushed considerably higher since falling to $10,400 this week on news that BitMEX was being charged by the CFTC. The cryptocurrency wicked as high as $10,760 just a day ago as buyers re-enter the market.

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Cardano (ADA) price rebounds after support break

Cardano (ADA) price is trading over 6% higher this week as the buyers attempt to stage a rebound after breaking below the multi-month supporting line.   Fundamental analysis: Developing a secure framework is key Charles Hoskinson, the founder of Cardano, said the ultimate goal of his blockchain project is to develop a secure framework that offers consumers comprehensive economic identities.

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Bitcoin Faces “Weak” Selloff as Buyers Gear Up for a Push Higher

Bitcoin’s price has stabilized following its recent bout of intense volatility This turbulence mostly favored bulls, as the crypto was able to rally as high as $11,100 before facing some heavy resistance that slowed its ascent Analysts are now widely noting that it may be poised to see some further weakness in the near-term That being said, the tempered reaction to the strong selling pressure in the lower $11,000 region does seem to be a […]

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Bitcoin (BTC) edging higher as nearly 100,000 coins are locked in DeFi

Bitcoin (BTC) price is trading over 5% higher this week as the buyers attempt to secure a weekly close above $11,200. Separately, the recent data shows that over $1 billion worth of Bitcoin (nearly 100,000) are now tokenized over decentralized finance protocols on Ethereum.

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Bitcoin is About to Reach a Pivotal Point as Buyers Defend Key Level

It has been a choppy day of trading for Bitcoin and the aggregated crypto market This primarily stems from BTC’s inability to maintain the upwards momentum that was driving it higher yesterday Although losing its momentum is a bear-favoring sign, it is important to note that not too much has changed for BTC from a technical perspective One analyst is noting that the benchmark cryptocurrency is now reaching a pivotal level that will shape its […]

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Bitcoin Just Broke a Multi-Week Descending Triangle; Analysts Target $15k

Bitcoin is beginning to show some intense signs of strength after a prolonged period of consolidation within the mid-to-upper $11,000 region This latest push higher has not done a ton to invalidate the weakness that the cryptocurrency was previously experiencing, as it has yet to push BTC past its key $12,000 resistance level Analysts are noting that where it trends next may depend largely on whether or not buyers can shatter the selling pressure that […]

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Ethereum to Post Bullish Weekly Close; Will This Invalidate Its Weakness?

Ethereum has expressed some signs of immense strength today, with its buyers catalyzing a sharp upwards movement that has allowed it to surge towards $420 The cryptocurrency’s momentum is leading it into its daily and weekly candle close with a strong market structure Analysts believe that this will be enough to help propel the crypto higher in the days and weeks ahead One analyst is noting that although ETH may face some resistance at $430, […]

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Ethereum May Still Confirm a Pattern That Would Imply a Breakdown to $320

Ethereum has been pushing higher after reaching $380 late last week. The asset trades for $400 as of this article’s writing, bouncing around 5% from last week’s lows. At the highs on Monday, ETH traded for $410 as buyers stepped in en-masse.

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Bitcoin’s Weekly Rejection May Lead Price Below $10K; Here’s Why

Bitcoin bulls once again failed to hold the price above $12,000, owing to a higher selling pressure near the level. The benchmark cryptocurrency broke upwards of $12,000 on Monday. The rally exceeded towards $12,486 (data from Coinbase), a level that saw massive liquidations of long positions.

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Chainlink (LINK) Erupts to $13 as Buyers Continue to Rush In

Chainlink (LINK) has continued to surge higher since NewsBTC’s last market update. Just minutes ago, as per data from TradingView, the cost of the popular altcoin crossed above $13 just minutes ago, reaching a local high of $13.

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XRP May Explode Higher After “Destroying” a Macro Downtrend Line

XRP is currently hovering around the key $0.30 region as its buyers attempt to stop it from breaking below this crucial support level. This slight decline comes as the aggregated crypto market begins facing heightened selling pressure, although it has not been enough to invalidate the market’s macro strength. Analysts are now noting that XRP […]

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Wall Street Veteran Explains Why He’s “Irresponsibly” Long on Bitcoin

Bitcoin has gained steam over recent weeks, hitting $12,200 last weekend as buyers rushed in. Analysts say that the cryptocurrency market has room to move higher due to technicals. But from a fundamental standpoint, some argue that BTC is more bullish than ever before.

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Analyst: Bitcoin Just Posted the “Most Important Breakout” in BTC History

Bitcoin has been seeing some incredibly bullish price action throughout the past several days and weeks The cryptocurrency is now consolidating at just below $12,000 as its buyers attempt to catalyze another leg higher Despite facing resistance at this level, the crypto has yet to see any type of harsh breakdown here One recent technical development is creating a new source of bullishness amongst traders The cryptocurrency just broke out of a multi-year bull pennant, […]

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Despite Recent Strength, Ethereum has Yet to Break Above One Critical Level

Ethereum, like Bitcoin, is currently flashing some immense signs of strength as it pushes past $400 The resistance at this price level remains heavy, so buyers must continue propelling the crypto higher in the near-term Where ETH trends next as it hovers around this crucial level may depend on Bitcoin, as it guided the market’s latest movement If Ethereum’s buyers remain strong in the near-term, they may next look to target the crypto’s recent highs […]

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Bitcoin Trends on Twitter in the U.S. and Canada as Price Jumps 15%

It’s been an absurd day for Bitcoin. The asset is up in excess of 10% in the past 24 hours, surging higher as crucial resistances fall to buyers. With one of the best daily performances in months and an extremely impressive macro setup, investors around the world are taking notice of Bitcoin. Multiple reports have […]

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Here’s How Low Bitcoin May Drop Before It Can Rally Even Higher

To the surprise of some investors, Bitcoin has been able to find some relative stability above $9,500 The cryptocurrency has now been trading above this level for over a day, and bears have not been able to catalyze any type of sharp selloff It now appears that BTC may need to see a pullback before it can push any higher, as buyers seem to be losing their momentum One analyst is closely watching one crucial […]

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Why Ethereum May Severely Underperform DeFi Tokens During Next Bull Market

Ethereum has seen some positive price action throughout the past day, although it remains highly correlated to that of Bitcoin It also remains caught within its macro trading range between $230 and $250, with its buyers being unable to surmount the upper boundary of this range ETH investors have been speculating that the growth seen within the DeFi sector could be enough to propel the crypto higher That being said, one analyst and fund manager […]

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Bitcoin Open Interest Sets Fresh Highs as Analysts Watch for Fireworks

Bitcoin is currently pushing higher as it begins recapturing its share over the aggregated crypto market Its current strength may not be enough to surmount the heavy selling that exists at its high time frame resistance at $9,500 This is the first notable movement BTC has posted in weeks, although its previous surges to this region have proven to be fleeting Where the crypto trends in the months ahead may depend largely on whether buyers […]

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Why unprecedented exchange inflows aren’t stopping Chainlink’s momentum

After facing a grim rejection at its newly established all-time highs of $8.45, Chainlink’s buyers have stepped up and are once again pushing the token’s price higher. The post Why unprecedented exchange inflows aren’t stopping Chainlink’s momentum appeared first on CryptoSlate.

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Analyst: Bitcoin Needs to Push Past $9,600 to Avoid a Brutal Decline

Bitcoin now appears to be entering another consolidation phase around $9,300 Its buyers have been unable to surmount the resistance that exists around this price level Each attempt to break above it has been met with an influx of selling pressure that forces it lower As for what may come next, analysts are noting that it is imperative that buyers step up and force the benchmark crypto higher if they are to catalyze any further […]

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Why This Analyst Sees Even More Downside For Bitcoin Price Before Any Real Recovery

We know Bitcoin is flat and trading sideways. Today, BTC had another leg down and rejection dropping to $9,200 on most exchanges, and basically giving away all the gains from June 22. The daily uptrend is still in play until the $9,170 level is lost, the last higher low. Buyers can still turn it around […]

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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 […]

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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...

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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline

Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […]

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Bitcoin Network Health declines post-halving

It is just the beginning of June and the Bitcoin market had already witnessed a continued push and pull sentiment in the market. On 1 June, the buyers pushed the price of the cryptocurrencies higher tThe post Bitcoin Network Health declines post-halving appeared first on AMBCrypto.

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Bitcoin Just Broke Its Short-Term Downtrend; Here’s How High It Could Rally

Bitcoin was finally able to recapture its position above $9,000 after an extended period of trading beneath this level The cryptocurrency now appears to be gearing up for a big push higher as it maintains a firmly bullish market structure This bullishness could be further bolstered by its recent ability to break above a descending trendline that had previously been guiding it lower After making multiple attempts to break back above $9,000, Bitcoin buyers were […]

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Bitcoin Poised For Short Term ‘Sell’ as Buyers Take Last Stand at $6,550

Bitcoin is currently consolidating above the $6,760 low against the US Dollar. BTC price could correct higher, but upsides are likely to face hurdles near $6,955 or $7,030. Bitcoin is showing signs of an upside correction from the $6,761 low against the US Dollar.

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Bitcoin to See a Massive Trend-Defining Movement Because of This Simple Pattern

Following yesterday selloff that sent Bitcoin down to lows of $9,500, the cryptocurrency’s buyers have been able to absorb the intense selling pressure and push BTC higher, with it finding some decent stability within the upper-$9,000 region.

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Traders Expect Bitcoin Price to Explode Big in Next Week: Will It Happen?

Bitcoin has been on an absolute tear over the past few days. Since bottoming at $9,100 early this week, the cryptocurrency has ripped higher, surging from $9,100 to a recent high of $9,850 as buyers have stepped in en-masse.

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Bitcoin Just Surged to $9,400: Why Traders Think Price Will Explode Even Further

Welcome back bulls. Over the past few hours, Bitcoin (BTC) has begun to surge higher again per TradingView, with buyers finally stepping in after last week’s 11% decline. Since hitting $8,200 late last week, the price of the leading cryptocurrency has exploded higher, surging to just shy of $9,400 minutes ago as of the time... The post appeared first on NewsBTC.

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Bitcoin Sparks Altcoin Redemption Rally as BCH, BSV, LTC Surge

Bitcoin and its altcoin peers are trekking higher on Tuesday, as buyers reasserted their control of a stagnant market. The post Bitcoin Sparks Altcoin Redemption Rally as BCH, BSV, LTC Surge appeared first on CCN.com

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Bitcoin just cracked $8,500, and it means bulls are taking control

Over the past few hours, Bitcoin has exploded higher. Since the close of Monday’s daily candle at 23:59 yesterday, the cryptocurrency has gained 6 percent, surging as high as $8,580 from $8,100 as buyers stepped in en-masse.

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3 Reasons Why Bitcoin’s Rally to $8,500 May Soon End

Bitcoin (BTC) has absolutely ripped higher over the past few hours. Since the daily candle closed at 23:59 (UTC) on Monday, the leading cryptocurrency has seen buyers decisively step in, pushing BTC 6% higher to a high of $5,880 established just minutes ago as of the time of writing this article.

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