Ethereum Struggles to Flip Crucial Trendline as Analysts Eye Move to $120

Ethereum’s price has been sliding lower over the past several days Despite Bitcoin being able to maintain above the lower boundary of its long-held trading range, ETH is now trading firmly below the range it formed over the past several weeks This points to some underlying weakness amongst its buyers which comes as it nears its crucial $220 support level It also just confirmed a “death cross” formation that hasn’t been seen since March. This […] дальше »

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XRP Has Been Setting Lower Highs For Over 900 Days Now. Where To From Here?

The past couple of years have been quite distressing for XRP holders. After registering a meteoric bull run to $3. 84 in January of 2018, the digital asset succumbed to selling pressure as it plummeted hard with the rest of the cryptocurrencies. дальше »

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XRP set 900 days of lower highs, and its downtrend may just be getting started

It has been a rocky past few years for the price of XRP.

The post XRP set 900 days of lower highs, and its downtrend may just be getting started appeared first on CryptoSlate.

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The Last Time This Indicator Emerged, Bitcoin Dropped 50%. It’s Back

Bitcoin has shown some continued signs of weakness today due to its inability to garner any clear upwards momentum It is now hovering within the lower region of its long-held trading range, and it remains unclear as to just how long this support will last for Its latest decline lower has caused it to grow weak from a technical perspective One crucial indicator that has been bullish throughout the past several months just flipped bearish […] дальше »

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XRP Prints a Macro Bull Signal: A Top Analyst Says It’s Still Poised to Crash

XRP has not fared as well as Bitcoin, Ethereum, and other top cryptocurrencies have over the past few weeks. As the market leaders have stalled, trading in tight ranges, XRP has slid lower and lower. дальше »

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These 3 Pivotal Signs Show Bitcoin Is Bearish as “Massive” Move Nears

The most pressing question Bitcoin investors have faced over the past few weeks is if the current consolidation will break higher or lower. The expectation that BTC will move lower from the current range recently gained strength with an analyst drawing attention to three technical signs. дальше »

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Here’s the Critical Price Level That May Kick Off Ethereum’s Next Bear Trend

Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many of its other peers, but an overnight dip below this level was quickly absorbed by buyers Analysts are still forecasting […] дальше »

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Bitcoin Could Teleport Straight to $8,000; Here’s What Traders are Saying

Bitcoin’s consolidation phase has shown no signs of letting up anytime soon, as it has been hovering around $9,400 ever since it was able to rebound from its recent lows of $8,900. It is important to keep in mind that the cryptocurrency has been forming lower highs over the past several weeks. First it posted […] дальше »

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When Bitcoin Flashed This Signal in 2015, It Rallied 4,000%. It’s Back Again

With Bitcoin failing to break past the highs it established earlier this year, there have been some commentators seriously considering a steep correction. Ross Ulbricht, the founder of the Silk Road and one of the cryptocurrency’s earliest adopters, postulated that there’s a serious chance Bitcoin could revisit the $3,000s and maybe even lower. Ulbricht cited […] дальше »

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Analyst: If Bitcoin Holds $8,700, the Chances of “Bullish Continuation” Are High

The past few weeks have seen Bitcoin tread on thin ice multiple times: every time the cryptocurrency rallied to $10,000, it snapped lower, often violently. This week’s attempt at the crucial $10,000 resistance was no exception: after temporarily trading above the level for all of 20 minutes, the asset began a precipitous decline. дальше »

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Ethereum on Unstable Ground Following Immense Overnight Turbulence

Ethereum has been closely tracking Bitcoin’s price over the past several weeks This caused it to see some intense overnight instability, with its price rising to highs of $246 overnight after crashing to lows of $235 One bear-favoring technical pattern that has been forming over the past few days could lead it significantly lower Analysts do believe that ETH 2. дальше »

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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 […] дальше »

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XRP Is Primed to Break Dozens of Percent Lower as Textbook Bearish Pattern Forms

It’s been a tough month for holders of the XRP cryptocurrency. In the past 30 days, Bitcoin has rallied 5%, Ethereum has surged 20%, and a majority of cryptocurrencies have registered gains somewhere in between the two. дальше »

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Crypto Market in Peril of Seeing Major Downside as Bitcoin Strength Wanes

The entire crypto market is currently consolidating as buyers and sellers reach an impasse following yesterday’s movement It now appears that the market could be positioned to see massive near-term downside due to some warning signs being flashed by Bitcoin If the benchmark cryptocurrency does lead the market lower, altcoins could severely underperform it Bitcoin and the entire crypto market have seen some calmness throughout the past day, struggling to garner any directionality in the […] дальше »

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Here’s Why Bitcoin’s Outlook Remains Bleak as Long as It Trades Below $10,500

Bitcoin saw a sharp and unexpected rally past $10,000 yesterday that caught sellers off guard This movement allowed the benchmark crypto to rally to highs of $10,400 before it lost its momentum and declined back to the lower five-figure price region The cryptocurrency now appears to be trading at a pivotal point, and analysts are noting that it could still see further downside in the days and weeks ahead There is one level that, if […] дальше »

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Ethereum is Ready For Heavy Volatility, And Analysts Predict a Big Rally

It’s been a quiet past few days for Ethereum and the rest of the crypto market. After last week’s correction, prices have settled. ETH is trading about 10% lower than its May highs, which is about the same performance assets like Bitcoin. дальше »

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Investors are Heavily Accumulating Ethereum Despite Gloomy Outlook

Ethereum has been seeing some incredibly lackluster price action throughout the past several weeks and months, setting a series of lower lows while losing ground against Bitcoin Despite showing signs of technical weakness, data shows retail investors have been busily accumulating the cryptocurrency This trend isn’t unique to just retail investors either, as data also reveals that institutional investors have also been stocking up on ETH Ethereum has seen some lackluster price action in recent […] дальше »

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Bitcoin’s Falling Hash Rate Could Have Dire Implications for BTC’s Price

Bitcoin’s recent mining rewards halving event didn’t have any sudden impacts on the cryptocurrency’s hash rate, but the impacts of it on miner dynamics are now growing increasingly clear. The benchmark cryptocurrency’s hash rate has been sliding lower throughout the past couple of weeks, signaling that miners are beginning to capitulate. History suggests that hash... дальше »

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It’s Decision Time for Bitcoin: These are the Price Levels Analysts are Targeting

Bitcoin has been firmly caught within a bout of consolidation over the past few days, largely hovering within the lower $9,000 region It appears that it is decision time for the cryptocurrency, as how its ongoing period of sideways trading resolves could set the tone for where it trends in the weeks ahead This next movement could be quite drastic, as some analysts are noting that it could result in a $1,000+ candle Bitcoin has […] дальше »

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3 Key Reasons Why Bitcoin Has Further to Fall After Plunging Under $9,000

Bitcoin hasn’t fared well over the past few hours. After holding the $9,800 support region for days on end, the cryptocurrency has plunged lower over the past 30 hours, reaching a low of $8,800 just minutes ago, according to TradingView. дальше »

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$40 Million in BitMEX Longs Wiped Out as Bitcoin Plunges on “Satoshi Dumping” Fears

It’s been a brutal past 120 minutes for the Bitcoin market. After holding the $9,800 support for 48 hours, the cryptocurrency began to dive lower approximately two hours ago. From its $9,800 perch, the flagship crypto-asset fell as low as $9,100 on leading Bitcoin exchange Bitstamp — a drop of over 7%. The price has... дальше »

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Bitcoin (BTC) Price Analysis (May 7)

Key Highlights • BTC/USD trade has entered another close upper range trading level of $9,500 and $9,000. • BTC/USD bulls may relatively keep pushing against bears in the next trading sessions. • An occurrence of a bearish engulfing candlestick against the past lower highs formed will signal a return of bears in the market. Bitcoin […] дальше »

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Bitcoin (BTC) Trims Gains but Investors Still Eyeing $9,500 and $10,000 before Halving

Bitcoin spiked over $1,000 to hit a high of $9,455 against the U. S. dollar but has corrected lower in early Asian trading hours. ·         The intraday price surge was BTC’s best 24-hour move in the past two months. дальше »

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Grayscale's Ethereum accumulation is a potential masterstroke in the long run

The Ethereum community, out of nowhere, had a lot to look up to over the past month. After a forgettable March, a month when the valuation of ETH dropped down to the lower levels of $100, recent stThe post Grayscale's Ethereum accumulation is a potential masterstroke in the long run appeared first on AMBCrypto. дальше »

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If Precedent Holds, Bitcoin Won’t Fall Much Lower Than the $3,700 Bottom

Bitcoin has mounted a steep recovery over the past five weeks. Since the $3,700 bottom that was seen on March 12th, the cryptocurrency market has mounted a steep comeback, with BTC reaching as high as $7,470. дальше »

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If You Bought $1,000 of XRP Six Years Ago, It Would Be Worth $67,000 Now

XRP hasn’t gone too well over the past few years. Ever since the cryptocurrency topped at approximately $3. 30 (depending on what exchange you check), it has been on a precipitous drop lower, punctuated by March’s crash, which brought the asset to $0. дальше »

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Bitcoin Price Holds Surprisingly Well as S&P 500 Futures Crash 5% in 5 Minutes

Bitcoin has held surprisingly well over the past hour, despite global markets opening dramatically lower (by traditional standards) than they were during Friday’s close. In fact, the futures for the S&P 500 and the Dow Jones have all hit their limit down (circuit breaker) of 5%, with the former reaching 2,174 and the atter falling... дальше »

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Ethereum Price Fell 43% Yesterday — That Was Its Worst Day… Ever

It’s no secret that cryptocurrencies are performing horribly. Over the past week, Bitcoin, Ethereum, and the rest of them have been trading dramatically lower, falling as traditional markets enter a bear market. дальше »

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Top Macro Analyst Explains Why Bitcoin Has Crashed 17% Since $9,200

Bitcoin hasn’t done well in the past two days; since hitting $9,200 on Saturday, the cryptocurrency has plunged as low as $7,600, more than 17% lower than the weekend high, in a move that has liquidated over $200 million worth of BitMEX long positions in the process. дальше »

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If This Happens, There’s a High Chance Bitcoin Bottomed at $8,200: Analyst

Bitcoin really hasn’t done too well over the past 24 hours. After peaking at $9,200, the leading cryptocurrency has fallen lower and lower, reaching a price as low as $8,150 (the lowest in literal weeks) on Sunday. дальше »

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Bitcoin Just Printed a “Darth Maul” Candle at $9,000: Here’s What It Means For BTC

If you’ve been following the Bitcoin market over the past 30 minutes, you’ve likely noticed the odd bout of price action depicted below — Bitcoin spiked 1% in a few minutes to only crash by 3% in three minutes, then continue lower and lower as if there was no support under BTC. As many on... дальше »

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Ethereum is Taking a “Red Pill” as Analysts Eye a Sharp Decline to $100 Region

The aggregated crypto market has found itself caught within a firm bout of sideways trading over the past couple of days, with Bitcoin hovering around $8,800 while Ethereum (ETH) and other major altcoins have all started drifting lower. дальше »

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3 Crucial Reasons Why Bitcoin Could Soon Surge Higher From $8,500

Over the past few days, Bitcoin has finally stabilized after the strong price crash seen on Sunday through Wednesday that took BTC from $10,000 to $8,400. While some analysts fear that this consolidation is a precursor to another leg lower, referencing the fact that assets never trend in a straight line, there’s a case building that this is consolidation is indicative of a bottom. дальше »

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This Weird Factor “May” Suggest Ethereum (ETH) is Entering a Buy Territory

Bitcoin hasn’t fared too well over the past week, and altcoins haven’t either. After finding a local high last Sunday, the cryptocurrency started to tank lower and lower, falling as global markets came under a crunch. дальше »

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This “Juggernaut” Crypto May Set Fresh All-Time Highs Today as Bullishness Grows

The crypto market’s intense uptrend seen throughout 2020 has come to a grinding halt over the past week, with most major cryptocurrencies reeling lower as Bitcoin struggles to find any notable support. дальше »

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Cardano (ADA) Retests Key Retracement Level, Still Bullish Long-Term

The cryptocurrency market has been bleeding quite hard for the past week and Cardano hasn’t been an exception. The digital asset plunged down to $0. 05623 today, a key level set by the lower line of the expanding upwards channel formed on the daily chart. дальше »

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Bitcoin (BTC) Drops to $9,350 as Dow Jones Falters, But Bulls Are Still Hopeful

Over the past few hours, Bitcoin (BTC) has started to tank lower once again, reaching $9,350 just an hour or two ago on some exchanges. The asset has since seen a slight bounce, returning to $9,400. дальше »

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Top Trader: Bitcoin Likely to Stay Below $10k For Awhile Despite Halving

The bitcoin price strongly rejected the $10,000 level for the third time in the past two weeks, each time establishing a lower low. A top trader foresees BTC struggling to recover beyond $10k in the near future as momentum slows down. дальше »

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Bitcoin Plunges Below $10,000 After Harsh Rejection: Is this It for Bulls?

Over the past few minutes, Bitcoin has plunged lower, just now losing the key $10,000 price level, falling through it as if was not much more than a piece of soggy letter paper. At the plunge’s worst, the cryptocurrency traded as low as $9,850 (on some exchanges), falling nearly 5% from the local top at... дальше »

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Fractal: Bitcoin May Soon Go Near-Vertical, Ripping Past $10,000

On Monday, for the third or fourth day in a row, the price of Bitcoin continued to correct lower. The cryptocurrency, at its worst on Monday, fell to $9,500 — just under 10% under the $10,500 peak seen the prior week. дальше »

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Bitcoin Cash Price (BCH) Remains Supported For Run To $500

In the past few days, bitcoin cash price gathered bullish momentum above $400. 00 and $450. 00. BCH to USD traded to a new 2020 high at $485. 94 and it is currently correcting lower. Key Takeaways: BCH/USD Bitcoin cash price is currently correcting lower below the $470. дальше »

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What Bitcoin Erasing 3 Days of Losses in Just 4 Hours Means for the Market

After drifting lower over the past few days, Bitcoin’s bulls have been able to post a strong defense of the support that exists within the lower-$9,000 region, which subsequently catalyzed a major upwards movement that has led BTC back up to its key resistance. дальше »

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Bitcoin has all 5 technical and fundamental elements for a proper full-blown rally

The Bitcoin price is up 45 percent in the past month and a half. Historically, such an extended rally warrants a pullback. But, BTC now has all five elements for an extended upside movement. Two key technical elements: lower time frame sell absorption, higher time frame bullish structure Throughout the past 43 days, the Bitcoin […] The post Bitcoin has all 5 technical and fundamental elements for a proper full-blown rally appeared first on CryptoSlate. дальше »

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Bitcoin just rejected $9450 again; now showing 4 factors of a potential pullback

The Bitcoin price just rejected $9,450 again on lower time frames and is vulnerable to a short-term pullback. It satisfies all four factors that previously led to deep corrections in the past. As explained by one cryptocurrency trader, the four factors that often trigger the Bitcoin price to decline substantially after an extended rally are: […] The post Bitcoin just rejected $9450 again; now showing 4 factors of a potential pullback appeared first on CryptoSlate. дальше »

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Massive $100m Bitcoin Selling Pressure: Here Are Levels to Watch After the Violent Drop

Overnight Bitcoin (BTC) faced a violent rejection that caused its price to plummet to the lower boundary of an ascending channel it has established over the past several weeks. This rejection has shifted the overall market sentiment and has led many previously euphoric bulls to grow increasingly bearish. дальше »

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Bitcoin Cash Price (BCH) Correcting lower But Dips Remain Attractive

In the past few days, there was a strong increase in bitcoin cash price above the $250. 00 and $300. 00 resistance levels. BCH to USD traded to a new 2020 high at $368. 29 and recently started a downside correction. дальше »

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Why Bitcoin’s Hash Rate High Suggests Price Explosion On Horizon

Bitcoin (BTC) hasn’t done too hot over the past few months, plunging some 50% since the June top of $14,000. The selling has stopped over the past few weeks, with the price of the leading cryptocurrency flatlining in the low-$7,000s, leading some to suggest that another leg lower is possible. дальше »

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Altcoin Apocalypse: Which Crypto Assets Will Survive Another Year

The past year has been an extension of last year’s bear market for most altcoins. All bar a few are set to end the year lower than they began it and there have been very few survivors from 2019. 2019: An Altcoin Nightmare While total crypto currency market capitalization is currently over 55% up this... The post appeared first on NewsBTC. дальше »

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Ethereum’s Ability to Attract Capital Comes Into Question as Price Plummets

Ethereum has followed Bitcoin’s catastrophic slump in the past 48 hours, falling off key support levels at $140. Now trading at $123, analysts predict a further slump could drive a massive sell-off and send prices even lower. дальше »

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Bitcoin On-Chain Momentum Is Crossing Bullish: Willy Woo

The past month has been a pretty challenging time for bitcoin HODLers, and cryptocurrency in general. There has been precious little to celebrate, save for the fact that prices could easily have gone lower still. дальше »

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