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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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Here’s Why Despite Sluggish Price Movement, Bitcoin is Immensely Bullish
Since recovering from the March lows, bitcoin has been struggling to make its way upwards. We tested $10,000 — the important psychological level numerous times only to fail and get stuck in a range. дальше »
2020-6-29 16:31 | |
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Cardano and Tezos Are Ready to Continue Their Bullish Trends
The Cardano (ADA) price has been consolidating after an upward move at the beginning of May. It is, however, already showing signs of a continuation move. Tezos (XTZ) is currently attempting to break out from an important resistance area, which would be a sign that the price will continue moving upwards. дальше »
2020-6-25 19:00 | |
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Data Shows Recent Bitcoin Difficulty Adjustment May Kickstart New Accumulation Phase
Bitcoin is currently trading just below its most important resistance yet, gearing up for what most crypto analysts expect to be a major move. However, data suggests that sell pressure from miners adjusting to the newly reduced block rewards combined with quiet accumulation may be responsible for the recent sideways price action. Bitcoin Sideways Trading […] дальше »
2020-6-23 23:00 | |
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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 »
2020-6-20 23:00 | |
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If History Rhymes, Ethereum May Have Just Hit Its Mid-Term Peak
Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and even months, struggling to garner any independent momentum This correlation has grown particularly clear over the past few weeks, as ETH is now trading within a firm consolidation channel alongside BTC and other altcoins It is important to note that one fractal pattern has emerged that appears to suggest Ethereum has formed a mid-term top If history repeats itself, the crypto […] дальше »
2020-6-18 23:00 | |
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Will Bitcoin Find Support at $9000?
During the week of May 8-15, the Bitcoin (BTC) price decreased slightly while creating a small bearish weekly candlestick. Since this candlestick is following a price rejection from an important resistance area, this increases the chance that the price will continue decreasing in the long-term. дальше »
2020-6-16 12:50 | |
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NEO Could Keep Climbing After Brief Consolidation at Support
The NEO price has broken out above an important resistance area and moving average, and has validated them as support afterward. As long as the price stays above these two levels, its outlook is bullish and NEO is expected to continue increasing. дальше »
2020-6-12 16:05 | |
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EOS Readies For Launch After Breaking out From Previous Range
The EOS price has broken out from an important resistance area and is in the process of validating it as support. If it’s successful in doing so, the price is expected to continue its upward movement towards the next closest resistance area. дальше »
2020-6-9 16:09 | |
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Bitcoin's 7-day trading volume spike may not mean much
Bitcoin's trading volume has been an immensely important metric for the world's largest digital asset in 2020. A metric that is highly accurate in detecting a price bottom, the importance of the same The post Bitcoin's 7-day trading volume spike may not mean much appeared first on AMBCrypto. дальше »
2020-6-6 12:30 | |
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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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How Long Can Cardano (ADA) Continue to Climb?
The Cardano (ADA) price has increased by 58% since May 18. It has, however, reached an important resistance area that could initiate a severe reversal. This possibility is also supported by the creation of a short-term bearish pattern. дальше »
2020-6-3 15:24 | |
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Bitcoin Closes May Candle Above Crucial Resistance, and That’s Big for the Bull Case
Just over an hour ago as of this article’s writing, Bitcoin closed the price candle for the month of May. This was a very important technical event for the cryptocurrency, analysts have said. дальше »
2020-6-1 04:42 | |
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Matic’s Increase and the Bitcoin Dominance Rate
Matic Network (MATIC) has increased by 64% since May 11. The price is trading inside a steep ascending channel and has reached an important resistance level. Whether the Bitcoin dominance rate (BTCD) breaks down or bounces from the current support area will determine if the upward move for MATIC will continue. дальше »
2020-5-30 23:20 | |
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Grayscale's Bitcoin buying spree and what it means for the price
It is important to understand that post-halving is when the price of Bitcoin needs to be the most stable, ie., not drop, since a lot of miners are going offline. Hashrate and price are a function of eThe post Grayscale's Bitcoin buying spree and what it means for the price appeared first on AMBCrypto. дальше »
2020-5-30 19:00 | |
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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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Bitcoin Bounces at Important Support Level
The Bitcoin price has bounced at an important support level and created a descending wedge, from which the price is expected to break out. The Bitcoin price has been decreasing since May 14, trading inside a descending wedge. дальше »
2020-5-27 12:22 | |
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REN Nears End of Bullish Trend While MATIC May Be Just Starting Its Own
MATIC has just broken out from an important resistance level and could increase rapidly due to the lack of resistance above the current price level. While REN has successfully flipped and important horizontal resistance level, its upside potential seems limited, due to the fact that it has yet to clear numerous important resistance areas. дальше »
2020-5-27 01:15 | |
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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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Bitcoin’s Price Movement Explained by the Wyckoff Distribution
The Bitcoin price has been gradually decreasing since May 14 and has reached an important support level at $8,400. A breakdown below it would confirm the bearish trend and make the movement until now a part of a bearish Wyckoff distribution. дальше »
2020-5-26 02:15 | |
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Spot-Driven Retail Selling Sparked Sunday’s Bloody Bitcoin Selloff
Yesterday, Bitcoin price collapsed from a high of $9,300 to a low of $8,650 just ahead of an important weekly close. The selloff, according to data, was primarily driven by spot markets, specifically the popular cryptocurrency exchange Coinbase. дальше »
2020-5-26 23:00 | |
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ICX Has Doubled in Value and WRX Could Follow Its Lead
The ICON (ICX) price has been rapidly increasing since May 15 but has reached an important resistance level and it is unclear if it will break out from it. WazirX (WRX) has been showing similar movement to ICX prior to the breakout but has yet to break out from its descending resistance line. дальше »
2020-5-26 22:23 | |
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Where Will Bitcoin Find Support?
During the week of May 17-24, the Bitcoin price decreased considerably. It created a bearish engulfing candlestick that caused it to decrease all the way to an important support level. A breakdown below this support could indicate that the price has begun a new bearish trend. дальше »
2020-5-25 14:05 | |
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Ethereum Address Usage Has Surged Despite Price Slump
Ethereum prices are starting to weaken again as Bitcoin fails to break over an important resistance. On-chain metrics and fundamentals for the ETH network are still looking positive, however. On-chain market analysis provider Glassnode has delved into addresses on the Ethereum network, identifying a bullish trend. дальше »
2020-5-25 04:55 | |
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These 2 Altcoins Could Be the Next Ones to Initiate Upward Moves
Theta Token (THETA) has broken out above an important resistance level and validated it as support afterwards. RVN has yet to break out but is showing strong signs of a reversal. Ravencoin (RVN) Cryptocurrency trader @IncomeSharks outlined an RVN chart in which the price is exiting his buy zone, which is found at 200 satoshis. дальше »
2020-5-21 00:15 | |
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Will the Bitcoin Dominance Rate Increase Spell Doom for Altcoins?
The Bitcoin dominance rate (BTCD) has broken out above an important resistance area and validated it as support. As long as it is trading above it, its price movement is considered bullish. The Bitcoin dominance rate has been increasing along with Bitcoin, causing alt/btc pairs to decrease towards their all-time lows. дальше »
2020-5-16 07:15 | |
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Bitcoin Finally Breaks Out Above This Important Moving Average
On May 13, the Bitcoin price was finally successful in moving above the $9,150 area that had been providing resistance since the drop on May 10. The Bitcoin price had been increasing since March 11 and moved above the aforementioned MA on its third try. дальше »
2020-5-14 14:10 | |
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What Does XRP’s Breakdown Indicate for the Future Movement?
In the beginning of May, both the XRP/USD and XRP/BTC pairs broke down from important support levels, possibly indicating that the previous upward trend has ended. While the XRP/BTC price had been previously showing signs of weakness, the XRP/USD decrease was more unexpected, possibly occurring as a result of the decrease in the price of […] The post What Does XRP’s Breakdown Indicate for the Future Movement? appeared first on BeInCrypto. дальше »
2020-5-13 07:20 | |
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Chainlink Cryptocurrency on Verge of Rocketing Back to 2020’s Highs
Chainlink has been leading the headlines thus far this year after scoring a series of partnerships that have helped it solidify the utility of its native token, LINK. The constant announcements of new startups using its technology have played an important role in the price of this altcoin. дальше »
2020-5-13 06:00 | |
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Bitcoin Dominance Breaks Upward Despite a Range-Bound BTC Price
On May 6, the Bitcoin dominance rate increase above the 68% area for the first time since Jan 14. The flip of such an important level is a bullish sign that suggests that the price will be positively influenced by this. дальше »
2020-5-13 19:10 | |
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For Bitcoin how important were its retail Hodlers during Black Friday?
With the halving just a few hours away, all the eyes are on Bitcoin's price. A day ahead of the event, its value crashed below $9,000 which prompted heavy liquidations. As the coin was expected to go The post For Bitcoin how important were its retail Hodlers during Black Friday? appeared first on AMBCrypto. дальше »
2020-5-12 00:30 | |
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XRP & EOS Fall to Their Lowest Price Since 2017
The prices of both EOS and XRP have broken down below important support levels. This decrease has caused both altcoins to trade at their lowest levels since December 2017. Cryptocurrency trader @livercoin tweeted a double image that shows the prices of both EOS and XRP, which mirror each other and have both broken down below […] The post XRP & EOS Fall to Their Lowest Price Since 2017 appeared first on BeInCrypto. дальше »
2020-5-9 20:50 | |
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Bitcoin Miners Hoarding BTC Just 3 Days from Halving
The price of bitcoin is having strong momentum, as it climbed over $10,000, an important psychological level. Jehan Chu of Kenetic Capital said, “Bitcoin trades sentiment-driven at its peaks and valleys, and the post-halving hangover is part of the normal price ebbs and flows on top of Bitcoin’s fundamental value.” But the price is not […] дальше »
2020-5-9 20:34 | |
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Can Bitcoin Break Out Above this Long-Term Resistance Line?
The Bitcoin price has reached an important resistance line which has been in place since the price reached an all-time high in December 2017. Well-known trader @PostyXBT tweeted a Bitcoin price chart that shows that the price is trading at a very critical resistance level. дальше »
2020-5-7 20:18 | |
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Is Bitcoin Trading Inside a Bullish Or Bearish Triangle?
The Bitcoin price is currently trading at the resistance line of either a descending or symmetrical triangle. The next low will help determine the correct pattern. This resistance, found at $9,150, is both a previous support level turned to resistance and an important Fibonacci level. дальше »
2020-5-5 11:10 | |
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Analyzing Bitcoin’s Correlation With the S&P 500
The S&P 500 has been increasing since March 13, when it reached a low of $2,173. Since then, the price has increased by 28%. However, the increase has seemingly stalled over the past week, since the price has reached an important resistance level. дальше »
2020-5-5 01:15 | |
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Rise in Bitcoin's trading volume undercuts fall in price correlation over Q1 2020
2020 will go down in the history books as a year of immense financial importance. However, it has been an equally important year for the digital asset industry. Not only has the digital asset spaceThe post Rise in Bitcoin's trading volume undercuts fall in price correlation over Q1 2020 appeared first on AMBCrypto. дальше »
2020-4-24 20:30 | |
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Bitcoin Struggles to Break out From Its Trading Range
On April 22, the Bitcoin (BTC) price increased considerably from a low of $6818 to a high of $7158. This created a bullish engulfing candlestick. However, the price failed to move above an important resistance level that would otherwise indicate that the current trend is bullish. дальше »
2020-4-23 11:05 | |
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Stablecoin boom doesn’t guarantee Bitcoin price will explode higher: economists
With Bitcoin seemingly finding a local top, all eyes in the crypto space have migrated to stablecoins, digital assets tied to and backed by a “stable” reserve asset. Although present in the cryptocurrency industry for 2017 and 2018, the assets have become increasingly important to the market over the past few months, as they’ve grown […] The post Stablecoin boom doesn’t guarantee Bitcoin price will explode higher: economists appeared first on CryptoSlate. дальше »
2020-4-24 16:00 | |
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Most Important Chart Ever? Bitcoin S2F Combined With Reddit Rainbow Chart Emerges
With Bitcoin’s halving less than one month away, investors are losing faith in the stock-to-flow model they’ve long subscribed to that suggests that the asset’s price should be pacing closer to $55,000. дальше »
2020-4-22 18:21 | |
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