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Crypto Price Analysis August 19: BTC, ETH, LTC, EOS, LINK
Coinspeaker Crypto Price Analysis August 19: BTC, ETH, LTC, EOS, LINKAfter updating their respective highs once again, all assets have started descending corrections, which may be considered just as another movement to the downside before a further uptrend. дальше »
2020-8-20 19:53 | |
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Why Bitcoin May Be In For a Fall Towards $6,000
Bitcoin risks plunging back towards $6,000 purely based on a historical technical setup. The analogy appears after switching a BTC/USD chart from normal to a more precise logarithmic scale. It shows that the cryptocurrency has not precisely broken above its long-term descending trendline resistance. дальше »
2020-7-29 14:00 | |
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Litecoin Could Follow In Ethereum’s Footsteps With a Sharp Increase
On July 25, the Litecoin (LTC) price broke out from a descending resistance line and has been increasing at an accelerated rate since. This is a sign that the price has begun a bullish trend and could continue increasing towards the resistance areas outlined below. дальше »
2020-7-29 23:53 | |
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Bitcoin Just Broke a Descending Trendline from 2017; Is the Bull Market Here?
It has been a wild 24-hours for Bitcoin and the aggregated cryptocurrency market Following a long-held bout of consolidation, the benchmark digital asset is now breaking out and appears to be aiming for a test of its yearly high at $10,500 BTC’s latest break above $10,000 is different from those seen previously and has so far proven to be far more sustainable Analysts are now noting that this movement has also allowed Bitcoin to shatter […] дальше »
2020-7-28 21:00 | |
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Will Tezos (XTZ) Resume Its Upward Movement?
On July 12, the Tezos (XTZ) price broke out from a long-term descending resistance line. It has been declining since, however, it did validate the support line and has possibly set itself up for a continuation of the upward move. дальше »
2020-7-27 17:13 | |
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DOGE Reaches Support, Could Soon Resume Its Upward Movement
The Dogecoin (DOGE) price has been retracing after a rapid breakout on July 6. It has reached a likely reversal level and could continue its upward trend in the near future. Retracement After the Breakout On July 6, the DOGE price initiated a rapid upward move that caused it to break out from a descending […] The post DOGE Reaches Support, Could Soon Resume Its Upward Movement appeared first on BeInCrypto. дальше »
2020-7-24 23:16 | |
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Determining the Direction Of Ethereum’s Trend
The Ethereum (ETH) price broke out from a descending resistance line at the end of May but has failed to increase substantially since. The direction of the trend for Ethereum seems unclear, and more confirmation is required to determine the trend. дальше »
2020-7-23 09:05 | |
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EOS Breaks Out from Major Resistance Line
The EOS (EOS) price has broken out from a descending resistance line that had been in place since April 2018. Along with the bullish outlook given by long-term indicators, it is likely that EOS has already begun a bullish trend and will continue increasing. дальше »
2020-7-22 09:35 | |
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The Altcoin Market Cap Aims to Breakout From Long-Term Resistance
The Altcoin market cap (ALTCAP) is trading at a long-term descending resistance line, a breakout above which could trigger an impulsive bullish move. Altcoin Market Cap Cryptocurrency trader @Crypto_Ed_NL believes that the altcoin market cap (ALTCAP) will soon spike. дальше »
2020-7-21 18:47 | |
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Bitcoin Price Below $9,100 Today, BTC Cannot Escape Downtrend
Coinspeaker Bitcoin Price Below $9,100 Today, BTC Cannot Escape DowntrendOn Thursday, July 16th, the quotations of the BTC renew local lows after another failure to overcome the resistance line of the descending channel. дальше »
2020-7-17 16:14 | |
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Digibyte Rally Could Send Prices Soaring
The Digibyte (DGB) price has broken out from a long-term descending resistance line, indicating that it may have begun a bullish trend. However, the price is trading inside a crucial resistance area, which could cause a short-term decrease. дальше »
2020-7-16 09:35 | |
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Augur (REP) Has Broken Out From Two-Year Long Resistance Line
At the beginning of June, the Augur (REP) price broke out from a descending resistance line that had been in place for almost 900 days. The price followed that up with a breakout above a significant resistance area. дальше »
2020-7-16 22:22 | |
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Tezos (XTZ) Could Soon Make Another Breakout Attempt
The Tezos (XTZ) price has been increasing at an accelerated rate since July 5, breaking out from a nearly month-long descending resistance line. The price was rejected by the $3. 05 resistance area but should make another attempt to break out. дальше »
2020-7-15 23:00 | |
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Bitcoin Reverses After Failed Breakout Attempt
On July 9, the Bitcoin (BTC) price created a bearish engulfing candlestick and fell back inside the descending channel it had just broken out from. This is a sign that the breakout was not legitimate and the price is likely to head lower. дальше »
2020-7-10 12:55 | |
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Ethereum Classic Breaks Out From Long-Term Resistance
After correcting for the entirety of 2020 alongside a descending resistance line, the Ethereum Classic (ETC) price is in the process of breaking out from this line. However, a new bullish trend has not yet been confirmed. дальше »
2020-7-9 16:10 | |
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Bitcoin Shows Signs of Stalling After Reaching Descending Resistance
On July 8, the Bitcoin (BTC) price broke out from a descending channel that had been in place since June 1. However, the price has stalled around the breakout level, raising concerns for the possibility that the breakout was not legitimate and the price will soon reverse its trend. дальше »
2020-7-9 12:30 | |
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Bitcoin Bearish Fractal Casts Doubt on Breakout Possibilities
On July 8, the Bitcoin (BTC) price broke out from a descending channel that has been in place since June 1. While there is a possibility that the price is following a bearish fractal that could soon initiate a sharp drop, the high volume on the breakout suggests that the move might be legitimate. дальше »
2020-7-9 08:26 | |
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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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Litecoin Might Have Begun an Upward Trend
On June 25, the Litecoin (LTC) price broke out from a descending wedge. After retracing for a week, the price began an upward movement that is still ongoing. The Litecoin price had been trading inside a descending wedge since June 1. дальше »
2020-7-9 19:05 | |
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Dogecoin Sees Massive Rally—What’s Next?
After a one-year-long period of consolidation, the Dogecoin (DOGE) price finally broke out on July 7. It initially increased by 100% in less than two days but has retraced slightly since. DOGE Breaks Past Resistance The DOGE price had been following a descending resistance line since October 2019, when the price reached a high of […] The post Dogecoin Sees Massive Rally—What’s Next? appeared first on BeInCrypto. дальше »
2020-7-8 15:05 | |
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Bitcoin’s Pattern Breakout Fails to Clear Overhead Resistance
The Bitcoin (BTC) price has been decreasing since it reached a high of $9,379 on July 7. Today, it broke out from a descending wedge, but could not sustain the higher prices. Bitcoin Short-Term Breakout The hourly chart for BC reveals that the price has been decreasing since a high of $9,379 reached on July […] The post Bitcoin’s Pattern Breakout Fails to Clear Overhead Resistance appeared first on BeInCrypto. дальше »
2020-7-8 11:55 | |
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IOTA Breaks Out, Aims For Recent Highs
The IOTA (IOTA) price has broken out from a descending resistance line and has been increasing at an accelerated rate over the past three days. The IOTA price has been increasing since June 27, when it initially dropped to the 2220 satoshi support area. дальше »
2020-7-3 15:10 | |
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Tron Aims to Break Out Above Resistance
The Tron (TRX) price has completed a short-term bullish pattern and is making its third attempt at breaking out above an important resistance area. Current Resistance The TRX price has been following a descending resistance line since February 24, currently trading only slightly below it. дальше »
2020-7-2 20:00 | |
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Is NEO Bullish or Bearish? A Deeper Look
Both the NEO/BTC and NEO/USD pairs have been declining since they reached their respective long-term descending resistance lines at the beginning of June. The short-term chart looks slightly more bullish for NEO/BTC than it does for NEO/USD. дальше »
2020-7-1 16:00 | |
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ATOM Breaks Above Resistance, IOTA May Soon Follow
Cosmos (ATOM) has broken out from a long-term descending resistance line and validated it as support afterward. The price is expected to continue moving upwards. IOTA (IOTA) has created a bullish hammer and is in the process of breaking out from a similar descending resistance line. дальше »
2020-6-30 14:10 | |
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Bitcoin’s Short-Term Breakout Could Lead to a Bounce
On June 29, the Bitcoin (BTC) price broke out from a short-term descending resistance line. This could have been the beginning of an upward move that takes the price towards $9,300-$9,400. However, the longer-term outlook is still bearish, and BTC is expected to eventually decrease towards the range low. дальше »
2020-6-30 10:26 | |
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These Two Altcoins Have Broken Out From Bullish Patterns
The prices of both Cartesi (CTSI) and Ravencoin (RVN) have broken out from their respective descending resistance lines. Even though they were rejected by the first resistance area, they will likely initiate another upward move. дальше »
2020-6-26 18:00 | |
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Bitcoin’s Breakout Has the Price Aiming for $10,000
On June 22, the Bitcoin price created a bullish engulfing candlestick and broke out from a descending wedge that had been in place since the beginning of June. The price reached a high of $9,780 before decreasing slightly to $9,600 where it was trading at the time of press. дальше »
2020-6-23 12:05 | |
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Using Elliott Waves To Determine Bitcoin’s Future Movement
The Bitcoin price has been decreasing since June 1, but today it showed signs of a reversal by breaking out from a short-term descending resistance line. It is possible that this move takes the price all the way to $10,000. дальше »
2020-6-23 08:42 | |
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Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup
Despite some volatility, the Bitcoin price remained, by and large, stable last week as it hovered in a range between $9,250 and $9,500. The bulls may have a slight upper hand at this juncture. The alpha-crypto broke out from a descending resistance line yesterday and now appears to be aiming for an upward move towards […] The post Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup appeared first on BeInCrypto. дальше »
2020-6-23 18:35 | |
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These Two Altcoins Are Showing Strong Reversal Signs
After showing strong signs of a long-term reversal, the LOOM price has broken out from a major resistance. This could be the first step of a more significant move upwards. RLC has already broken out from a long-term descending wedge and has begun to move upwards. дальше »
2020-6-19 17:46 | |
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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 »
2020-6-17 08:18 | |
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The Bitcoin Dominance Rate Finally Breaks Out
The Bitcoin dominance rate (BTCD) has been decreasing since May 14, but recently broke out from a long-term descending resistance line, indicating that an upward trend has begun. This means that altcoin and Bitcoin pairs are likely to decrease. дальше »
2020-6-16 20:10 | |
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IOTA bullish despite 10% decline amid Bitcoin’s sell-off: here’s why
The crypto market is looking to flip green after descending into the red on... The post IOTA bullish despite 10% decline amid Bitcoin’s sell-off: here’s why appeared first on Coin Journal. дальше »
2020-6-13 15:37 | |
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Alt Season or No Alt Season? Bitcoin Dominance Paves The Way
The Bitcoin dominance rate (BTCD) is decreasing alongside a descending resistance line from May 14. The price made an attempt to break out in the early hours of June 9 but was swiftly rejected and has fallen back since. дальше »
2020-6-10 19:21 | |
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Bitcoin Investors in Disbelief as the Uptrend Seems Ready to Resume
The infamous $10,000 resistance level has proven to be a significant obstacle for Bitcoin to overcome. From a technical perspective, this barrier is part of a descending trendline that can be drawn from each major peak since the December 2017 all-time high of nearly $20,000. дальше »
2020-6-8 18:00 | |
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NXS Could Be The Next Coin To Double In Value
The NXS price has reclaimed an important support level and broken out from a descending resistance line. Once it moves above its 200-day moving average (MA), it will likely accelerate upwards. The previously mentioned support level is found at 1900 satoshis. дальше »
2020-6-5 16:54 | |
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A Look at the Bitcoin Dominance Rate and Alt Season Possibilities
The Bitcoin dominance rate (BTCD) has steadily decreased alongside a descending resistance line from May 14. The price is showing short-term reversal signs, but the trend remains bearish as long as BTCD is below this line. дальше »
2020-6-5 00:22 | |
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These Two Altcoins Have Moved Above Important Resistance Levels
Both Reserve Rights (RSR) and TRON (TRX) have broken out from long-term descending resistance lines — possibly indicating that they have begun bullish trends. Reserve Rights (RSR) The descending resistance line and break out for RSR were outlined by cryptocurrency trader @PostyXBT, who stated that : Finally we get a clean breakout[. дальше »
2020-6-4 19:31 | |
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Will Tron Follow VeChain’s Lead and Break Out?
VeChain (VET) has increased by 50 percent since May 22, after breaking out from a long-term descending resistance line. The TRON (TRX) price movement shares similarities to that of VET, allowing for the possibility that it will initiate a similar upward move. дальше »
2020-6-2 00:28 | |
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Litecoin Shows Signs of Life After a Long Decrease
Both LTC/USD and LTC/BTC have broken out from descending resistance lines and are targeting the closest resistance levels. The breakout from the current descending resistance line was noted by cryptocurrency trader @Mesawine1, who tweeted an image showing the breakout and predicting that the price could increase all the way to the next resistance area at […] The post Litecoin Shows Signs of Life After a Long Decrease appeared first on BeInCrypto. дальше »
2020-6-2 20:51 | |
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Ethereum Breaks Out, Bitcoin Could Follow Its Lead
After breaking out from the $9,200 resistance area, the BTC price is moving towards its descending resistance line at $9,700. While the price movement is not identical, Ethereum has just broken out from a similar descending resistance line. дальше »
2020-5-29 03:59 | |
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How Long Can Bitcoin’s Upward Move Continue?
The Bitcoin price has broken out from a descending wedge but has yet to move above an important resistance level. Technical indicators have begun to show weakness. Yesterday, the Bitcoin price began an upward move and broke out above the current resistance level. дальше »
2020-5-28 11:10 | |
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What’s Next for Bitcoin After Breaking Out?
The Bitcoin price has broken out from a descending wedge and is currently trading near a very important resistance level, found between $9,200-$9,350. Until the price is successful in moving above this area, the price movement cannot be considered bullish. дальше »
2020-5-28 04:15 | |
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