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Ethereum Slides to Crucial Support Level as Analysts Eye an Emerging Bull Flag

Ethereum posted a massive breakout yesterday that allowed it to put a firm end to the bout of sideways trading that it was previously experiencing The cryptocurrency is now attempting to stabilize within the mid-$400 region It is important to note that $450 does appear to be a resistance level, as this is around where its momentum faltered during its recent push higher One analyst is now noting that $430 is a crucial support level […] дальше »

2020-8-16 22:00


One Crucial Factor Suggests Bitcoin‘s Intense Uptrend is About to Slow Down

Bitcoin and the entire crypto market are currently consolidating following the immense volatility seen throughout the past couple of days BTC bulls are currently attempting to establish $11,000 as a support level, although they appear to be struggling as the crypto hovers beneath this level The benchmark cryptocurrency also is flashing a few warning signs, including incredibly high funding rates across major trading platforms This has led one analyst to note that BTC needs some […] дальше »

2020-7-29 02:00


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Chainlink’s Violent Rejection Leads it to Crucial Support; Will It Hold?

Bitcoin has been stealing altcoins’ thunder over the past several hours, with many smaller tokens plummeting as BTC surges past $9,400 Chainlink, despite its overt strength, is one example of a token that has posted major losses over the past day This latest decline marks an extension of the downtrend that it has been caught within throughout the past few days It has now reached a crucial support level that bulls are attempting to defend […] дальше »

2020-7-22 23:00


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Ethereum Bears Have the Upper Hand as ETH Trades Within Crucial Range

Ethereum has been forming an incredibly close correlation to Bitcoin throughout the past couple of weeks It is attempting to break this correlation now, but bulls are flashing some signs of weakness, especially while looking towards its BTC trading pair Analysts are now noting that ETH is trading within a crucial range that could determine its future The upper boundary of this range sits just a hair above where it is currently trading at, but […] дальше »

2020-7-21 23:00


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This Technical Structure Signals Bitcoin is Coiling Up for a Major Downside Break

Bitcoin does not appear to be in a good position at the present moment Bears are currently attempting to push it below its long-held support at $9,000 This comes just a week after the crypto posted two consecutive rejections at $9,400 Its inability to push higher coupled with mounting selling pressure suggests downside could be imminent Analysts concur with this notion, with one pointing to a technical structure as a reason why he is anticipating […] дальше »

2020-7-17 02:00


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Top Macro Investor Claims the Time for a Bitcoin Rally is Almost Here

Bitcoin is currently attempting to break above the resistance that has been formed at $9,300 This comes on the heels of a nearly week-long consolidation phase between $9,000 and $9,300 Where it trends next will likely depend on its reaction to this level, and some analysts are expecting the next movement to favor bulls heavily One top macro investor is explaining that BTC is on the cusp of breaking above a crucial descending trendline He […] дальше »

2020-7-9 21:00


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The Last Time There Was This Much Dormant Bitcoin, It Rallied to $20,000

Bitcoin has been facing some intense weakness over the past couple of days The benchmark digital asset’s buyers and sellers have been locked within an intense battle around $9,000, with bears ardently attempting to hold it below this crucial support Although this doesn’t bode well for its near-term outlook, its macro outlook remains strong One fundamental metric just reached levels not seen since just before the intense 2017 rally up to $20,000 If history rhymes, […] дальше »

2020-6-29 19:00


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Ethereum is Showing Early Signs of Macro Weakness; What to Watch For

Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […] дальше »

2020-6-29 22:00


Irony or Crushing The Competition? Facebook Continues To Block Crypto Ads, Despite Libra Effort

At the height of the crypto hype bubble, Facebook, Google, and other tech giants made an effort to block cryptocurrency-related advertisements and promotions from their platforms. While Facebook claims to have loosened their policy against crypto the firm continues to limit cryptocurrency ads from reaching customers on its social media platform – even despite attempting to launch a cryptocurrency of its own. дальше »

2020-6-11 18:00


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Bitcoin’s Move Past $9,000 Leaves Wake of Destruction; Liquidates $20m in Shorts

Bitcoin saw a sharp rise overnight that allowed it to firmly surmount the $9,000 region This upwards movement liquidated nearly $20 million in short positions, with buyers now attempting liquidate even more shorts in an attempt to fuel an uptrend The crypto has been rejected within the $9,200 region, however, which could halt its short-term uptrend Analysts are now also noting that heavy resistance just above Bitcoin’s current price level could be enough to fuel […] дальше »

2020-5-28 23:00


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2 Altcoins That Could Soon Break Out

ALGO has reclaimed a long-term support level and created a bullish reversal pattern. RSR is attempting to break out above a very important resistance level but has yet to do so. Algorand (ALGO) The possibility of the ALGO price moving upwards was shown by @damskotrades, and it shows that the price has just reclaimed the […] The post 2 Altcoins That Could Soon Break Out appeared first on BeInCrypto. дальше »

2020-5-27 17:50


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Here’s The Real Reason Why Ripple’s XRP Has Performed The Worst Among Large-Cap Cryptos

Ripple’s XRP has had a disastrous time over the last two years. In a period where other large-cap cryptocurrencies have been attempting a comeback, XRP has lagged behind significantly. As reported by ZyCrypto earlier, the digital asset emerged as the worst performer among the top 20 cryptocurrencies during the first quarter of 2020. At $0.20, […] дальше »

2020-5-23 20:47