Ethereum faces bearish divergence with crypto markets under pressure

The crypto markets are selling off in the wake of the U.S. CFTC filing suit against Binance. Technical traders are worried there could be more downside coming.

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BNB gets Binance's nod for safety amid 'unstablecoins' frenzy- Here's how

Binance altered storing the industry recovery fund as stablecoins and moved it to BNB, ETH, and BTC. The crypto community believes that the decision could set off buying pressure. Binance CEThe post BNB gets Binance's nod for safety amid 'unstablecoins' frenzy- Here's how appeared first on AMBCrypto.

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What these Bitcoin [BTC] metrics reveal about its current position

Bitcoin's performance in February reveals that investors are optimistic about long-term prospects. Bitcoin is off to a bullish start, but exchange inflows suggest that some more sell pressure mThe post What these Bitcoin [BTC] metrics reveal about its current position appeared first on AMBCrypto.

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Binance USD Stablecoin Gets Booted Off Coinbase Amid Mounting Regulatory Pressure

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“If El Salvador Succeeds, Every Country Will Follow”, Asserts President Bukele as Bitcoin’s Price Soars

El Salvador’s pro-bitcoin president Nayib Bukele has continued to defend his administration from attacks, telling off detractors who wish to pressure and reverse his socio-economic policies and Bitcoin agenda.

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Price analysis 12/30: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

Bitcoin and select altcoins remain under pressure as bounces off support levels are being sold into.

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How the latest uptick in whale interest really helps Ethereum [ETH]

A look at what ETH whales are up to this week as sell pressure tapers off Can ETH bulls secure enough momentum for a bigger uptick? Ethereum (ETH) would have been a healthy option for short The post How the latest uptick in whale interest really helps Ethereum [ETH] appeared first on AMBCrypto.

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Axie Infinity: If bulls gain traction, 0.236 Fib level will likely be the target for...

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Selling pressure is tapering off and could offer entry positThe post Axie Infinity: If bulls gain traction, 0.

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Investors might want to hold off buying SOL after this revelation

SOL saw a 55% discount during this week’s bearish onslaught More sell pressure might be on the way as over 47 million SOL is unstaked Solana’s native cryptocurrency SOL has had an unexpeThe post Investors might want to hold off buying SOL after this revelation appeared first on AMBCrypto.

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Bitcoin Could Plummet 30% Before Upward Trends Starts, Analyst

The crypto market has recorded massive losses since May 2022. After the Federal Reserve announced and kicked off interest rate hikes, prices tanked due to selling pressure. Many crypto investors and operators of diverse solutions have faced different crises from market moves.

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Will Chainlink [LINK] bulls take over as the weekend approaches

Chainlink’s LINK token just delivered its most bearish week in the last four weeks after five consecutive days of downside. However, the sell pressure is easing off, raising the possibility of coThe post Will Chainlink [LINK] bulls take over as the weekend approaches appeared first on AMBCrypto.

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Aave Below Its Long Term Support; What To Expect Now?

Aave has been on a downtrend since April amidst intense volatility in the market. Major altcoins have extended losses owing to a major sell off all across the cryptocurrency industry. Over the past week, the coin presented lower lows and displayed intense selling pressure.

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This would provide confirmation of this incoming price move for Polkadot

The global cryptocurrency market has not fared too well in July so far. The month started off with a bullish week but prices began to gradually decline due to a lack of sustained buying pressure.

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What could trigger this outcome on XRP

Shaking off the weekend selling pressure, the broader cryptocurrency market started the new week on a bullish note. XRP was quick to react to the sentiment as the digital asset posted gains of 5% overThe post What could trigger this outcome on XRP appeared first on AMBCrypto.

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Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface

“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.

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Why this is crucial to XRP's trajectory over the coming days

The global cryptocurrency market noted a bit of a recovery after yesterday's correctional period, but some alts were yet to shake off the selling pressure. Fortunately for XRP, its price managed to esThe post Why this is crucial to XRP's trajectory over the coming days appeared first on AMBCrypto.

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Bitcoin: another 5-6% rise was possible over the coming sessions, IF...

A bullish start to the week saw Bitcoin shake off some weekend selling pressure as prices continued their upward push. While several analysts have still flagged short-term risks associated with BTC's The post Bitcoin: another 5-6% rise was possible over the coming sessions, IF... appeared first on AMBCrypto.

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Stellar Lumens, YFI, Harmony Price Analysis: 08 April

Stellar Lumens bounced off the $0.45-level to trade just under the $0.5-resistance. YFI registered a bearish divergence and Harmony's charts suggested that the selling pressure of the past two weeks wThe post Stellar Lumens, YFI, Harmony Price Analysis: 08 April appeared first on AMBCrypto.

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Bitcoin Continues Its Slump: Indicators Point to Further Correction Ahead

Bitcoin price remains nearly 10% below recent highs, as the major cryptocurrency continues its slump after early last week’s sell off. Since hitting a new all-time high of $61k, BTC has continued to face downward pressure, hovering around the $54,000 price level.

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Bitcoin: How can the market tackle selling pressure in the near-term?

Bitcoin's correlation with the S&P 500 has risen in the recent past. However, the said hike in correlation may not be ideal given that gold, stocks, and equities are selling off further as 10-yearThe post Bitcoin: How can the market tackle selling pressure in the near-term? appeared first on AMBCrypto.

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CBOE Ratchets Up Bitcoin ETF Pressure on SEC

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Jittery Macro Affecting Crypto But US Institutional Investors Continue to Buy Bitcoin

Bitcoin continues to be under selling pressure as the digital currency drops to nearly $46,000. This latest weakness in the price of Bitcoin has been despite the Coinbase whales scooping coins off the market.

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Pressure grows on Wall Street Banks to accept Bitcoin as a legitimate asset class

Wall Street banks are about to curve under employee pressure to start supporting Bitcoin. First off, Bitcoin has largely outperformed most other investment assets like stocks and gold, and this happened despite the numerous resources employed by Bitcoin opponents to stifle its growth and popularity.

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Downside Risks Grow as Bitcoin Sells Off at $38,000 Once Again

Bitcoin continued its weekly bull run into the early Thursday session in Asia but met modest selling pressure.

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Bullish Dumping: Bitcoin Sheds Thousands Off Price as Funding Rates Reset

Bitcoin has seen some intense selling pressure throughout the past 12 hours that has caused it to shed thousands off its price This move came about following a failed attempt by bulls to send it up to highs of $38,000 yesterday The rejection here confirms that BTC is still firmly range-bound, with whales selling in […]

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Bitcoin Plunges As Low as $34,500: What Are Analysts Saying?

Bitcoin plunged as low as $34,500 on Bitstamp just minutes ago as buying pressure finally began to subside heading into the weekend. After peaking at $42,000 late last week, the cryptocurrency’s price action began to taper off heading into the weekend.

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Bitcoin SV, NEM, Decred Price Analysis: 04 January

Bitcoin SV shrugged off the shackles of $164 and saw a quick move to $180 at press time, with the crypto likely to see further upside. NEM noted steady selling pressure over the past three weeks and cThe post Bitcoin SV, NEM, Decred Price Analysis: 04 January appeared first on AMBCrypto.

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EOS, NEM, Decred Price Analysis: 28 December

EOS registered a short-term hike in buying volume, but it might not be enough to stave off the next wave of bearish pressure. NEM showed short-term bearishness as well and could be forced to test $0.

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Bitcoin’s Short-Term Outlook is Dangerous for Bulls; Here’s Why

Bitcoin has flashed some signs of tempered strength throughout the past few days, with bulls ardently defending against a sustained drop below $18,000 The buying pressure below this level was tempered and only sparked a slow climb higher Until the crypto can reach a level that kicks off a massive buying spree that creates another “V-shaped recover,” there’s a possibility that it will see further weakness One trader is now noting that a move lower […]

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Bitcoin Bulls Defend $17,700, But BTC Still Faces Dangerously Strong Resistance

Bitcoin has faced some intense selling pressure over the past few days, with the response to its recent break below $19,000 being quite bearish This validates the notion that this is a crucial level that the crypto much firmly surmount and flip into support if it is to see any further upside One trader is now noting that, while BTC did rebound off of its key support in the upper-$17,000 region, it still faces multiple […]

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Bitcoin price sees $18,000

BTC price rose to highs of $18,483 before cooling off, though fresh sell-side pressure…

The post Bitcoin price sees $18,000 appeared first on Coin Journal.

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Why New Highs May Be Imminent For Bitcoin if $16,150 is Reclaimed

Bitcoin has begun to slide lower over the past few days as selling pressure has tapered off at the $16,500 highs. The leading cryptocurrency currently trades for $15,900, a few percent below those highs but still situated above key support levels.

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Top Trader: Bearish S&P 500 Means Bitcoin May Have Topped

Bitcoin has undergone a strong 50% rally over the past 30 days. The leading cryptocurrency traded as high as $16,500 just hours ago, though has since retraced toward $16,200 as buying pressure has tapered off.

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Bitcoin whales in buying frenzy while prices consolidate

Bitcoin enjoyed an impressive bull rally over the past month that saw its price rise to nearly $16,000 on November 6th. Although the upward pressure seems to have cooled off in the last few days, the rising demand among institutional investors suggests greener pastures ahead.

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Back at $13K: Bitcoin Unfazed by Profit Takers After Rise to 2020 High

The bitcoin market looks to be shrugging off increased selling pressure from profit takers after prices surged this week.

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Bitcoin Is Primed to Correct to $10,700 Before Its Next Leg Higher

Bitcoin has rallied strongly over the past few weeks. The leading cryptocurrency surged from $10,400 to $11,750. The coin now trades for $11,400 after a slight correction as buying pressure tapered off.

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Analyst: Chainlink Gearing Up for a Major Push Higher as Bulls Defend $10.00

Chainlink is currently attempting to confirm $10.00 as a support level as it faces inflows of selling pressure that jeopardize its near-term outlook. Despite the present weakness it is facing, a confirmation of this level as support would be incredibly bullish, as it would mark a mid-term support-resistance flip that potentially kicks off the next […]

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Bitcoin On-Chain Analyst says Miners Sell Pressure Might be Over

Bitcoin has made a good start of a new quarter as Bitcoin price manages to push above $7,000 resistance at two instances. Currently, we are trading at $7,120, up 4. 77%.  Just like the price, the network is giving off recovery signals.

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Bitcoin Cash & Bitcoin SV Halving Next Week to Put Selling Pressure on Bitcoin as Well

Crypto community is excited about the Bitcoin reward halving next month but interestingly bitcoin forks’ halving is here. Bitcoin Core’s (BTC) fork Bitcoin Cash (BCH) and the latter’s fork Bitcoin SV (BSV) will go through their respective block reward halving on April 8 and April 9 next week.

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DigiByte, Algorand, Stellar Lumens Price: Growth inhibited by market trend?

While some altcoins in the crypto-market reacted positively to the momentum in the market, other alts were still trying to ward off bearish pressure. Stellar Lumens [XLM]  Source: XLM/USD on TThe post DigiByte, Algorand, Stellar Lumens Price: Growth inhibited by market trend? appeared first on AMBCrypto.

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Bitcoin Mining Sell Pressure Waning, Supply Shock To Drive Massive Price Increase

The recent price action in Bitcoin has been particularly devastating to miners who had to turn off their expensive to operate machines after the price of the cryptocurrency fell below the cost of production.

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Isn’t XRP the Easiest Short? Analyst Asks as Bearish Pressure Mounts

XRP Could Plunge, Analyst Warns After Brutal Rejection Above $0. 34 Last week, XRP saw a brutal rejection above the $0. 34 price point, falling off a cliff all the way to $0. 265 as Bitcoin saw a similar rejection at the $10,500 resistance.

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Bitcoin Surging 575% By 2021 Sound Bizarre? This Industry Executive Begs to Differ

Bitcoin (BTC) is off to a great start to 2020, surging over 5% over the past 24-hours after facing some strong selling pressure yesterday. This positive start to the new year comes after the crypto posted a nearly 100% climb in 2019, making it one of the world’s best performing assets last year.

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What Bear Market? Why Bitcoin is Ready to Enter Next Bull Phase

Bitcoin hasn’t done over the past few months. Since peaking near $14,000 in June of this year, the price of the leading cryptocurrency has fallen off by 50%, tumbling under the pressure of an overextended market and bulls taking profit.

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XRP could breach pennant to fall to $0.25 before the weekend

Despite significant bearish movements in recent times, XRP has been fighting against the downward pressure, bouncing off support lines to reach a valuation of around $0.27, at press time. With a markeThe post XRP could breach pennant to fall to $0.25 before the weekend appeared first on AMBCrypto.

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Dow Rebounds as Stunning Jobs Data Distract from Manufacturing Recession

The Dow, S&P 500, and Nasdaq all rebounded on Friday, ending the week on a high note and starting off the new month with a bang. A surprisingly strong jobs report emboldened stock market bulls, as the economy beat estimates despite pressure from the GM strike.

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Bitcoin Hashrate 7x Higher Than Key Historic Point, Signals Bullish Outlook

Bitcoin (BTC) has yet again made good use of the support line in the $7,800 region to ward off piling up bearish pressure. It has done so for the fifth week in a row now, and with the price going back over $8,300, the possibility of a bullish reversal has begun looming on the horizon.

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Facebook Now Wants a Series of Stablecoins For Libra Crypto Project

As the pressure continues to pile on Facebook, the social media giant is still determined to forge ahead with its grand crypto ambitions. As it realizes that the journey ahead is not going to be a smooth one the company is looking at alternative ways of getting its own currency off the ground and a.

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Ethereum May Drop Towards $160 Before Next Uptrend Kicks Off

After attempting to move higher yesterday, Ethereum (ETH) has once again faced an influx of selling pressure that has thwarted the potential rally that some analysts and investors were previously eying as a strong possibility.

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