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Bitcoin Spike Above $16K Rejected At First Weekly Bear Market Resistance From 2018
In the early overnight hours of the morning, Bitcoin price made yet another attempt at pushing beyond the local high of $15,950 and into $16K territory. And while the attempt was successful at making it through, a powerful $500 rejection send the crypto asset tumbling lower. дальше »
2020-11-12 15:18 | |
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Bitcoin is Testing a Key Parabolic Trendline as Bears Try to Spark Downside
Bitcoin has been struggling to maintain its immense momentum following the multiple rejections seen at $16,000 It is now consolidating within the lower-$15,000 region, with bulls struggling to hold it above this level as it continues slowly drifting lower It did see a sharp rebound from its overnight lows of $14,800 that were set during yesterday’s selloff, with the support here being significant That being said, the multitude of rejections at $16,000 hasn’t bode well […] дальше »
2020-11-11 02:00 | |
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Playing Games Now Earns EOS on Womplay
The use of cryptocurrency’s underlying blockchain technology in the gaming industry has gained significant traction in recent times. Starting with the overnight success of CryptoKitties, many blockchain-based games have started to make an appearance. дальше »
2020-11-10 21:27 | |
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Why This Data Metric Indicates Bitcoin Traders Should “Proceed with Caution”
Bitcoin is now consolidating within the lower-$15,000 region following an intense selloff overnight During this time, bears attempted to invalidate the cryptocurrency’s market structure and push it below the lower-$15,000 region, but bulls have held strong Because this decline has been slow and mostly absorbed by buyers, there’s a strong possibility that it will be followed by further upside One indicator is flashing some warning signs to investors, with the average returns seen by traders […] дальше »
2020-11-8 01:00 | |
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Here are the Factors Placing Ethereum in a “Questionable” Buying Zone
Ethereum’s price action has been incredibly strong throughout the past day, with bulls posting a sharp overnight upswing that helped end its severe underperformance of BTC seen throughout the past few weeks. дальше »
2020-11-7 20:15 | |
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Ethereum Could Plunge to $315 if Bulls Fail to Defend One Key Level
Although the altcoin market has not been tracking Bitcoin’s upside as of late, it is still fully exposed to its downside The cryptocurrency faced another rejection at $13,800 overnight that caused it to reel into the lower-$13,000 region This created headwinds that put a firm end to the breakout rally that Ethereum started forming yesterday ETH has now erased all of its recent gains and is now at risk of seeing significantly further downside One […] дальше »
2020-11-3 23:00 | |
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Yearn.finance Could Rally to $14,000 Following Sub-$10,000 Dip
Yearn. finance’s YFI token saw a sharp capitulatory decline overnight that caused it to post some massive losses. This decline briefly sent it below $10,000, which is a level that had not been broken below since weeks before its parabolic move to $45,000 started. дальше »
2020-10-31 00:00 | |
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Ethereum, Stellar Lumens, Zcash Price Analysis: 29 October
Benchmark indices in the Asian markets as well as on Wall Street fell sharply overnight, strongly influencing the bearish market outlook witnessed on the trading charts even for some digital assets toThe post Ethereum, Stellar Lumens, Zcash Price Analysis: 29 October appeared first on AMBCrypto. дальше »
2020-10-29 12:00 | |
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This Trend Suggests Bitcoin is Extremely Bullish Despite Recent Selloff
Bitcoin saw a strong overnight selloff that caused its price to erase most of the gains incurred throughout the past couple of days This selloff came about at a crucial resistance level, with the selling pressure at $13,800 proving to be significant This is a historical level, as it is where BTC rallied to before facing a strong rejection in the summer of 2019 The rejection here was grave, but the cryptocurrency still has multiple […] дальше »
2020-10-29 21:00 | |
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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 […] дальше »
2020-10-26 21:00 | |
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Monday Morning Bitcoin Bull Pennant Breakout Could Target $15K
Bitcoin price this morning is back well above $13,100 after an overnight plunge pierced below resistance turned support at $13,000. The rebound from support could be enough momentum to push the cryptocurrency higher toward $15,000. дальше »
2020-10-26 15:42 | |
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$900 Imminent? Analyst Claims Ethereum is Ready for an Explosive Move Higher
After days of underperformance, Ethereum’s price is finally catching up to that of Bitcoin The second-largest digital asset saw a massive overnight rally that led it all the way up to highs of $415 before it found any resistance This surge marks a notable climb from its recent lows of sub-$370 that were set just a few days ago It has also reinvigorated altcoins, with ETH’s uptick in price allowing many smaller assets also to […] дальше »
2020-10-23 23:00 | |
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Bitcoin Reaches Multiple Key Resistance Levels; Will They Spark a Selloff?
Bitcoin’s price has reached multiple key levels as a result of its latest push higher This rally came about rather unexpectedly overnight and drove many altcoins to see immense losses This is one of the rare days where Bitcoin is trading up significantly while altcoins all reel lower It remains unclear as to whether or not this will be the new norm for the next few weeks or if today’s price action is simply a […] дальше »
2020-10-21 02:00 | |
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Ethereum Could Push to $420 if It Flips One Key Level into Support
Ethereum is currently caught within a consolidation phase alongside Bitcoin and its other peers This has made its near-term outlook somewhat unclear, as where it trends next may depend largely on the price action seen by BTC Overnight, an influx of selling pressure caused its price to plunge just over 1%, with this decline sending it below the crucial $380 level This level has long been pivotal for Ethereum, and its recent break above it […] дальше »
2020-10-16 23:00 | |
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Analyst: Yearn.finance (YFI) is “Finished” as Technical Outlook Grows Grim
Yearn.finance’s governance token YFI saw a notable rebound from its recent lows overnight, which comes as sentiment surrounding the crypto remains incredibly low. A fragmented community coupled with a lack of momentum in the aggregated DeFi space has created serious headwinds for YFI, which is now trading down well over 50% from its recent highs. […] дальше »
2020-10-16 19:00 | |
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Bitcoin Reaches Critical Resistance Zone; Will It Spark a Bearish Reversal?
Bitcoin’s price saw a notable rebound today that allowed it to recover from an overnight dip and rally to fresh local highs within the $11,500 region. This push higher is promising because it is finally allowing Bitcoin to confront the crucial resistance it faces between $11,600 and $12,000, which is a resistance zone that analysts […] дальше »
2020-10-13 19:00 | |
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How an unfortunate Ethereum yield farmer lost $140,000 in UNI overnight
For many, yield farming has been a profitable activity: there have been stories of users turning small accounts into a large amount of capital, simply by swapping from projects like Yam Finance and SushiSwap. дальше »
2020-10-7 10:00 | |
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Bitcoin Shows Remarkable Strength Despite Growing List of Bearish Events
Bitcoin’s price saw a decent recovery following the BitMEX imbroglio yesterday, but the cryptocurrency’s reverted most of these gains overnight due to news of President Trump contracting the lethal virus This news sent shockwaves throughout the traditional markets as well, and appears to be having a trickledown effect on BTC as well as altcoins Where the aggregated crypto market trends in the days, weeks, and months ahead will likely depend largely on the global markets […] дальше »
2020-10-3 21:00 | |
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YFI, Aave, Maker surge up to 30% overnight, what’s fueling the DeFi recovery?
Yearn.finance (YFI), Aave (LEND), and Maker have surged 12% to 30% overnight. The post YFI, Aave, Maker surge up to 30% overnight, what’s fueling the DeFi recovery? appeared first on CryptoSlate. дальше »
2020-10-1 16:00 | |
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Bitcoin Decouples from Gold, Stocks after Overnight Sell-Off, What’s Next?
Bitcoin did its own thing during the late Monday trading session. The benchmark cryptocurrency plunged suddenly towards $10,600 after maintaining intraday gains above the $10,800-support all day. The sell-off appeared despite a healthier macroeconomic outlook led by signs of progress in the release of the second COVID-19 stimulus package. дальше »
2020-9-29 08:14 | |
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Analyst: Bitcoin is Likely to Slowly Bleed Towards $8,550 Before Rebounding
It has once again been a turbulent overnight trading session for Bitcoin The benchmark cryptocurrency plunged as low as $10,200 yesterday afternoon before bulls stepped up and slowed its descent The rebound from these lows led it to kick off a slight uptrend that has reversed the majority of yesterday’s losses Analysts are now noting that its near-term trend may depend largely a few key factors It is important to note that the majority of […] дальше »
2020-9-25 21:00 | |
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This Pattern Suggests Bitcoin May Soon Reel Lower and Tap Fresh Lows
Bitcoin is currently caught within an incredibly tight bout of sideways trading, with its price mainly hovering around $10,500 for the past couple of days Overnight, bears did attempt to spark a sharp downside move when they pushed the crypto as low as $10,400 This dip was fleeting, as bulls quickly propelled it back up to its current price level BTC’s inability to form a decisive trend comes as it trades between two crucial levels […] дальше »
2020-9-24 21:00 | |
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A $9,800 Bitcoin is Possible After Overnight Upside Rejection: Analyst
Bitcoin bulls should brace for the cryptocurrency to hit the $9,800 valuation, according to an analyst. The pseudonymous entity envisioned the downside scenario after BTC/USD failed to maintain support above $11,200 on Sunday. дальше »
2020-9-21 11:08 | |
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Is Uniswap’s UNI The Crypto Version of a Stimulus Check at $3 Per Token?
Overnight, crypto Twitter exploded in chatter about what is essentially free money. Liquidity swap platform Uniswap that’s recently enjoyed enormous growth rewarded early users with a distribution share of UNI tokens. дальше »
2020-9-18 22:00 | |
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Here’s What Bitcoin’s Strong Weekly Close Says About Its Present Outlook
Bitcoin posted a strong weekly close yesterday afternoon, which is what allowed the cryptocurrency to see an overnight upswing that has led it past multiple crucial levels. While speaking about the digital asset’s price action, one analyst observed that its strong weekly close may continue acting as a launchpad for further upside, noting that bulls […] дальше »
2020-9-15 19:00 | |
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Ethereum’s Market Structure Weakens as Bulls Fail to Break Key Resistance
Ethereum’s overnight price action has done little to offer insight into its near-term trend, as the cryptocurrency has been unable to maintain its recent momentum This, however, has not resulted in it seeing any type of sharp decline, with its rejection at $380 kicking off a consolidation phase Analysts believe that where the cryptocurrency trends next depends wholly on its reaction to one vital resistance level that has been suppressing its price action This resistance […] дальше »
2020-9-12 23:00 | |
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Yearn Finance’s YFI Plunges 10% On Profit-Taking; Crash Ahead?
An overnight pump that pushed popular decentralized finance token, YFI, up by 23 percent, has entered a bull trap. The Yearn Finance governance cryptocurrency fell 10 percent this Friday from its intraday top at $36,043. дальше »
2020-9-12 16:00 | |
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Bitcoin Struggles to Hold Above $10,000 as Risk of Serious Downside Grows
Bitcoin plunged overnight to lows of $9,900 once again, with bulls struggling to defend against it seeing further downside Analysts are widely noting that the cryptocurrency is now at risk of seeing even further downside in the near-term as it struggles to maintain above its crucial support One trader is noting that a continued bout of trading below $10,000 could strike a blow to the crypto’s technical structure He reckons that this will lead BTC […] дальше »
2020-9-7 21:00 | |
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Ethereum May Dive to $295 as Bears Strike a Blow to Its Market Structure
Ethereum has seen some intense selling pressure throughout the past few days, which reached a boiling point overnight when its price declined to lows of $330 The cryptocurrency is now stabilizing following this movement, but sellers appear to be stepping up and catalyzing further selling pressure One analyst is now noting that ETH could decline as low as $295 in the near-term This downside movement may come about as a result of the selling pressure […] дальше »
2020-9-6 22:00 | |
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Ethereum Posts Strong Reaction to Key Support Level, But Risk of Downside Remains
Ethereum and the entire crypto market saw a sharp selloff overnight that caused ETH and most other major altcoins to erase their recent gains This selling pressure struck a lethal blow to the uptrends seen by both major and minor altcoins alike That being said, Ethereum and Bitcoin have both been able to remain above multiple key support levels As such, analysts are noting that bulls may be firmly in control, and may help guide […] дальше »
2020-9-3 23:00 | |
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Bitcoin News Roundup for Sept. 2, 2020
With bitcoin's price dropping overnight as DeFi booms, CoinDesk’s Markets Daily is back for your latest crypto news roundup! дальше »
2020-9-3 19:00 | |
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Analyst Expects Bitcoin to Dump Towards $10.5K or Lower
An overnight jump in the Bitcoin price Sunday may not put the asset en route to higher levels this week. That is because of a lower weekly open, says a pseudonymous Twitterati. The analyst notified his followers about an early morning Bitcoin move on Monday – a sell-off that pushed the cryptocurrency lower from its Sunday high at $11,716. дальше »
2020-8-31 07:58 | |
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Here’s Why Bitcoin May Face a Harsh Correction Before It Can Rally Higher
Bitcoin is in the process of stabilizing following the swift rebound it incurred overnight This allowed the benchmark crypto to climb from lows of $11,150 to highs of $11,500, around which price it is now hovering around Analysts are noting, however, that there is a path forward for the cryptocurrency to see a much stronger correction than the one seen yesterday One trader is watching for a rejection at $11,700, as he notes that this […] дальше »
2020-8-29 02:00 | |
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This Support Could “Launch” Ethereum to $500 as Bulls Slow Its Descent
Ethereum saw a sharp decline throughout the past couple of days that led it to break below $400 The selling pressure driving this movement ramped up overnight, but bulls have since been able to reverse it Analysts are now noting that it may be well-positioned to see further upside in the days and weeks ahead Its positive reaction to one crucial support level is even leading one trader to note that it could soon be […] дальше »
2020-8-22 22:00 | |
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Bitcoin Could See a “Glorious” Bounce Once it Taps This Crucial Level
Bitcoin saw some immense turbulence overnight that caused its price to slide as low as $11,500 This dip was quickly absorbed by buyers, who have since allowed it to reclaim its support at $11,600 The cryptocurrency is now once again consolidating as it hovers within its previous trading range between $11,600 and $12,000 This stability has allowed altcoins to recoup some of their recent losses Analysts are now noting that BTC could be well-positioned to […] дальше »
2020-8-22 19:00 | |
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These Factors Suggest Tezos is Oversold; Traders Expect It to “Launch” Higher
Tezos has faced a massive influx of selling pressure today that has sent it reeling lower, making it one of the worst-performing major altcoins at the moment. This weakness has come about as the aggregated market shows some signs of being in a precarious position, with Ethereum plunging towards $400 overnight while most other altcoins […] дальше »
2020-8-22 00:00 | |
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Bitcoin is Poised to Push Towards $14,000 After Posting Bullish Weekly Close
Bitcoin has continued consolidating within the upper-$11,000 region overnight This extended period of sideways trading has come about despite it facing multiple recent rejections at $12,000 Its inability to break above this level has so far not led it to see any notable near-term downside, with $11,700 becoming a strong level of support This support level was previously a crucial resistance that it was struggling to close above Yesterday marked the first daily – and […] дальше »
2020-8-18 21:00 | |
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Ethereum Faces a Critical Weekly Close as Bears Shatter Key Support
Ethereum has been struggling to maintain its momentum ever since it peaked within the $440 region The cryptocurrency is now trading right around a crucial support level that bears were able to shatter overnight Bulls are now moving the reclaim the cryptocurrency’s position above this level Whether or not it can hold above this level as its weekly close fast approaches should provide investors with significant insight into its near-term outlook Analysts are noting that […] дальше »
2020-8-17 22:00 | |
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It’s a Critical Moment for Ethereum Following Latest Rejection at $400
Ethereum has been struggling to garner any strong momentum over the past week Overnight it saw a sharp influx of buying pressure that sent its price rocketing past $400 for a brief moment This movement was short-lived, however, as the cryptocurrency then posted a strong retrace that sent it reeling back down towards the $380 region Analysts are now noting that it’s a pivotal time for ETH, with a potential decline here having grave long-term […] дальше »
2020-8-13 23:00 | |
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Five Signs The 30% Band Protocol (BAND) Correction Is Just Starting
Band Protocol is one of August’s best-performing crypto assets, right behind the showstopping Chainlink and other hot tokens. The altcoin is up over 300% month to date, but a 15% correction began overnight. дальше »
2020-8-12 18:00 | |
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Bitcoin May Start a New Consolidation Trend After Facing Another $12k Rejection
Bitcoin is currently consolidating beneath $12,000 after facing a slight rejection at this level overnight The cryptocurrency has been struggling to break above this resistance for over a week One analyst is now noting that the resistance here may hold strong for the days to come, with BTC now kicking off a new consolidation phase Once the benchmark digital asset can break above this level, analysts are noting that a move to $13,000 will likely […] дальше »
2020-8-11 02:00 | |
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Analyst: Closing Above This Crucial Level Could Catapult Bitcoin to New Highs
Bitcoin appears to have entered a clear consolidation phase as it trades within the lower-$11,000 region Overnight the crypto faced a slight rejection after buyers tried to push it up towards its near-term resistance Buyers were not able to surmount the heavy selling pressure that existed within this region, and the crypto fell back to its support at $11,000 Analysts are now noting that BTC could be just a stone’s throw away from seeing an […] дальше »
2020-8-5 21:00 | |
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