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Ethereum Recovers from the “Brink of Death” as Bulls Ignite Strong Recovery

Ethereum saw a strong and grave selloff overnight that drove its price down to lows of $585 This is around the price at which the cryptocurrency was able to find some strong support that gave rise to it forming what has since resulted in a “V-shaped” recovery Where it trends in the mid-term should depend largely on the follow-through of this recovery, as a strong rebound from here could confirm that these lows will mark […] дальше »

2020-12-24 01:00


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JPMorgan: Bitcoin’s Rise Coming at Gold’s Expense; BTC Price Overshot, Bullion Due for Recovery

JPMorgan Chase says the rise of digital assets could make gold suffer. While money poured into Bitcoin in October, gold saw a record amount of outflows. According to the bank’s quantitative strategists, including Nikolaos Panigirtzoglou, this trend is only going to continue in the long run as more institutional investors take a position in the […] The post JPMorgan: Bitcoin’s Rise Coming at Gold’s Expense; BTC Price Overshot, Bullion Due for Recovery first appeared on BitcoinExchangeGuide. дальше »

2020-12-11 00:08


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Analyst: $500 Likely Remains a Macro Bottom for Ethereum as Uptrend Falters

Ethereum has been closely tracking the price action seen by Bitcoin and other major altcoins, but it has been able to dodge seeing any intense decline overnight Although it did plunge as low as $530, the cryptocurrency’s support at this level sparked a “V-shaped” recovery that allowed it to surge up towards the upper-$500 region […] дальше »

2020-12-10 02:00


Ethereum’s Rebound is “Getting Tired” as Analyst Eyes Move to $520

Ethereum has been climbing higher today alongside Bitcoin and the rest of the crypto market The strength seen as of late comes as Bitcoin puts some serious distance between its recent lows and its current price levels This indicates that bulls are in full control and are looking to form a “V-shaped” recovery that could allow for significantly further upside in the days and weeks ahead Where the entire market trends next will depend largely […] дальше »

2020-11-30 22:00


Ethereum’s Technical Outlook Strengthens as Market-Wide Recovery Begins

Ethereum has been closely tracking Bitcoin’s price action throughout the past few days and weeks, which has led it to see some immense turbulence as of late Just two days ago, the benchmark cryptocurrency faced a rejection at its all-time highs that resulted in it reeling from $19,500 to $16,400 This selloff was the most intense one seen since this uptrend first got started a handful of weeks ago Where it trends next will depend […] дальше »

2020-11-29 22:00


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Analyst: Key Amazon Stock Fractal Is “Anti-FOMO” For Bitcoin

The recent bullish breakout in Bitcoin has caused a massive wave of FOMO as late to the game buyers attempt to get in before the cryptocurrency takes off to a new all-time high. But one sharp-eyed crypto analyst has spotted a fractal in Amazon’s post-dot-com bubble crash recovery that closely matches the cryptocurrency’s recent price […] дальше »

2020-11-14 23:00


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Ethereum is on the Cusp of Making a Full Recovery; Here’s What to Watch For

Ethereum’s price action has been closely tied to that of Bitcoin as of late But while Bitcoin has broken multiple key resistance levels, ETH remains below the crucial $380 level This level has yet to be broken, with each visit here sparking a slight selloff Where Ethereum the entire market trends next will likely depend on Bitcoin and whether or not it can extend its upwards momentum One analyst is noting that Ethereum could be […] дальше »

2020-10-12 22:00