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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze
Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »
2019-3-19 01:17 | |
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XRP Price Prediction: Long-term (XRP) Value Forecast – March 16
The crypto’s price is trading in a tight range. Nevertheless, if the XRP price rises it is expected to test or break the $0. 33 resistance level. On the other hand, if the price is resisted at the $0. дальше »
2019-3-16 15:45 | |
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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?
Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »
2019-3-16 01:56 | |
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Folex – the New Cryptoexchange Combining Money and Entertainment
After 14 months of test pooling for the perfect strategy, a new cryptocurrency exchange opens its doors on the 15th of March, 2019. Folex promises to captivate it’s traders by offering a wave of unique features, rather than having heavy utility token sales and fundraises, which the Folex family finds overvalued and a burn of investor money. дальше »
2019-3-15 16:57 | |
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Bitcoin Could Plunge 50% with November-Like Dump amid Low Volatility: Analysts
Bitcoin has struggled to cleanly break out of the $4,000 resistance level and remain above it for more than three months, staying in a tight range between $3,300 to $4,000. If the dominant cryptocurrency fails to test $4,000 again and slips, traders foresee the Bitcoin price declining to the $3,300 to $3,500 range. дальше »
2019-3-13 11:30 | |
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Crypto Market at Major Crossroads: Litecoin (LTC), BCH, TRX, ADA Price Analysis
The total crypto market cap rebounded recently and revisited the $129. 0B resistance area. Litecoin (LTC) price gained nearly 5% and it seems like it could test $58 or $60. Bitcoin cash price is trading sideways below the $130 resistance level. дальше »
2019-3-13 09:00 | |
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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests
Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »
2019-3-13 22:26 | |
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Bitcoin Price Analysis: New High Paves Potential Reversal Setup
After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »
2019-3-9 02:08 | |
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Crypto Market At Crucial Juncture: Bitcoin Cash, EOS, XLM, TRX Price Analysis
The total crypto market cap faced a strong resistance near $130. 0B and declined. Bitcoin cash price failed to break the $134 resistance and declined towards $130. EOS price is currently correcting lower and it may test the $2. дальше »
2019-3-8 09:00 | |
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Binance Coin (BNB) Leading Crypto Market Higher: LTC, TRX, Bitcoin Cash Analysis
The total crypto market cap gained traction and broke the key $128. 0B resistance level. Binance coin (BNB) price rallied further and broke the $14. 00 and $15. 00 resistance levels. Litecoin (LTC) price is up more than 10% and it is about to test the $60 resistance. дальше »
2019-3-7 09:00 | |
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Bitcoin Price Analysis: Short-Term Support Breaks on High Volume and Spread
Leading into the London open, bitcoin broke through its local support level in a move that seems to be hinting toward a downward continuation:Figure 1: BTC-USD, Daily Candles, Broken Local SupportSo far, our daily candle has yet to close, but it is currently on schedule to close below local support. дальше »
2019-3-5 02:43 | |
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Crypto Market Remains At Risk: EOS, Bitcoin Cash, TRX, ADA Price Analysis
The total crypto market cap is following a declining structure below the $128. 0B resistance level. EOS price broke the key $3. 55 and $3. 50 support levels to move into a bearish zone. Bitcoin cash price traded below the $130 support and it could now test the $125 level. дальше »
2019-3-4 09:00 | |
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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High
Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »
2019-3-1 03:44 | |
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Crypto Market Eyeing Rebound: Bitcoin Cash, EOS, XLM, TRX Price Analysis
The total crypto market cap declined below $121. 0B and later bounced back more than $5. 0B. Bitcoin cash price tested the $130 support and recovered above the $132 level. EOS price is currently up more than 3% and it is trading nicely above the $3. дальше »
2019-2-28 09:00 | |
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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains
Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »
2019-2-26 02:42 | |
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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure
The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »
2019-2-23 02:23 | |
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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test
Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »
2019-2-20 01:38 | |
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Bitcoin Price Eyes $4000 As USD LocalBitcoins Trading Volume Quadruples
The US has experienced its largest jump in bitcoin volume over the past week on LocalBitcoins. Over $31. 5M worth of BTC was traded on the platform as bitcoin price looks set to test the $4000 resistance level next. дальше »
2019-2-19 00:00 | |
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Crypto Market Could Extend Gains: EOS, Bitcoin Cash, Tron (TRX), ADA Price Analysis
The total crypto market cap gained momentum and broke the $118. 0B resistance level. EOS price broke the $2. 85 resistance and it is currently approaching the $3. 00 resistance. Bitcoin cash price is up more than 5% and it could soon test the $130 level. дальше »
2019-2-18 09:00 | |
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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward
Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »
2019-2-15 00:21 | |
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Bitcoin Price Analysis: Strong Rally Set to Test Overhanging Resistance
Shortly after the London Open, the entire crypto market saw a strong round of buying. Some coins broke their highest volume seen since the beginning of the bear market, and several others broke straight through overhanging resistance levels. дальше »
2019-2-9 01:45 | |
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Living on Bitcoin for a Week in San Francisco
When I decided, maybe against my better judgement, to live on bitcoin for a week, the plan was met by a combination of cautions and jokes from friends and loved ones: “Just don’t starve,” “Well, it’s the New Year, a perfect time to start a new diet,” “Will you be able to eat?”, “Have you really thought about it?”I had “really” thought about it and it seemed not only sensible but necessary. дальше »
2019-2-5 23:06 | |
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Ripple’s XRP Price Action – XRP Trades in a Fragile Position
XRP wrapped up last week with bearish price action yesterday. Over the weekend, the price of XRP dropped from resistance at $0. 312 to support at $0. 29. Price has already tested the $0. 29 support many times with each progressive test making the level weaker. дальше »
2019-2-4 19:44 | |
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Crypto Market Update: Litecoin (LTC), Bitcoin Cash, Tron (TRX), XLM Price Analysis
The total crypto market cap failed to stay above the $110. 00B support and declined sharply. Litecoin (LTC) price is consolidating losses above the $30. 00 support level. Bitcoin cash price corrected lower and it could test the $110 support level. дальше »
2019-2-1 09:00 | |
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Crypto Market Rebounds: Bitcoin Cash, EOS, Stellar (XLM), Tron (TRX) Price Analysis
The total crypto market cap rebounded nicely and tested the $114. 00B resistance level. Bitcoin cash is up more than 7% and it broke the $115 and $116 resistance levels. EOS price is gaining momentum and it could test the $2. дальше »
2019-1-31 09:00 | |
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Bitcoin Price Watch: BTC Bears Eyeing Test of $3,000
Bitcoin price extended its decline and traded below the $3,440 support level against the US Dollar. There is a major bearish trend line formed with resistance at $3,460 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-1-29 09:45 | |
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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread
After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »
2019-1-29 02:01 | |
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Bitcoin [BTC] Price Action: Bearish Start to the Week for the Top Cryptocurrency
Price has been testing support at $3476 several times over the past week. Each test makes the level weaker with fewer buyers to hold the level on each retest. Price finally broke below this level today and looks likely to close below as traders are accepting prices below the level and not quickly bringing the […] Bitcoin [BTC] Price Action: Bearish Start to the Week for the Top Cryptocurrency was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »
2019-1-28 18:04 | |
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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market
Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »
2019-1-26 03:13 | |
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Crypto Market Update: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis
The total crypto market cap tested the $117. 50B resistance and later corrected lower. EOS price is currently correcting lower and it may test the $2. 40 support level. Bitcoin cash price tested the $130 resistance and it is currently moving lower towards $126. дальше »
2019-1-24 09:00 | |
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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens
Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »
2019-1-18 02:02 | |
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Crypto Market Gains Traction: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis
The total crypto market cap found support near $112. 00B and recovered above $120. 00B. EOS price is up more than 8% and it may extend gains above the $2. 50 resistance. Bitcoin cash price is back above the $130 level and it could test the $135 and $138 resistances. дальше »
2019-1-15 09:00 | |
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Crypto Market Update: Bitcoin Cash, Tron (TRX), ADA, IOTA Price Analysis
The total crypto market cap declined heavily and broke the $115. 00B support level. Bitcoin cash extended losses and traded below the $130 support level. Tron (TRX) started a downside move and traded below the $0. дальше »
2019-1-14 09:00 | |
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Bitcoin Price Analysis: Strong Impulse Tests Macro Support Levels
Finally, after about a week or so of a tight, range-bound market, bitcoin poked right through support. This swift move dropped the price nearly 10% in the span of just a few short hours:Figure 1: BTC-USD, Hourly Candles, 11% DropNot only did this move occur on high spread, it occured on high volume. дальше »
2019-1-12 02:21 | |
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Litecoin (LTC) Analysis: Price Could Keep Rising Toward $40
Litecoin price followed a bullish path and recovered above $30. 00. LTC may continue to move higher and it could test the $38. 00 or $40. 00 resistance level. Key Talking Points Litecoin price recovered nicely and broke the $30. дальше »
2018-12-21 07:37 | |
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Bitcoin Price Analysis: Strong Rally Tests Overhanging Resistance
Earlier this week, bitcoin enjoyed a strong and quick rally, spanning all the way from the low $3,100s to the upper $3,900s — in other words, a move that previously took the market weeks to make, this time took place in just a few short days. дальше »
2018-12-20 02:21 | |
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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight
Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move. дальше »
2018-12-12 01:52 | |
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Crypto Market Update: Monero (XMR), Bitcoin SV, Tron (TRX), ADA Price Analysis
Key Points The total crypto market cap extended declines below $107. 00B and it could slide further. Monero (XMR) price is under pressure below $50 and it could test $40. Bitcoin SV price is declining towards the $90 support level. дальше »
2018-12-11 09:00 | |
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Litecoin Price Analysis: LTC/USD Could Be Dead Near $20
Litecoin price is down more than $300. 00 from the all-time high. LTC/USD is likely to test the $20. 00 level and it could continue to bleed in the near term. Key Talking Points Litecoin price extended losses below $35. дальше »
2018-12-7 07:11 | |
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EOS Price Analysis: Next Bearish Target $1.00
EOS price is under a lot of pressure below the $4. 20 support against the US Dollar. EOS/USD is likely to break the $2. 00 support level to test the $1. 00 handle. Key Talking Points EOS price settled below the all-important $4. дальше »
2018-12-6 11:26 | |
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Litecoin Price Analysis: LTC/USD Primed For More Declines
Litecoin price struggled to hold the $32. 00 support and declined further against the US Dollar. LTC/USD could even break the $30. 00 support and test the $25. 00 level. Key Talking Points Litecoin price is under a lot of pressure below the $32. дальше »
2018-12-4 08:05 | |
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What Is Cryptocurrency? “Jeopardy!” Features Entire Category on Crypto
Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share. дальше »
2018-12-1 22:18 | |
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VeChain (VET) Daily Price Forecast – November 28
VET/USD Medium-term Trend: Ranging Supply levels: $0. 006, $0. 007, $0. 008 Demand levels: $0. 004, $0. 003, $0. 002 The lately bearish trend has led the VET/USD market valuation southwards to test the $0. дальше »
2018-11-28 14:14 | |
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Ether Price Analysis: Untested Support Leaves Shaky Foundation During Drop
Much like the rest of the crypto market, ether has found itself devalued by more than 90% since its all-time high of $1,400 back in December of 2017. And now, almost a year later, ether sits just above $100 on what appears to be shaky ground during its latest round of selling over the last few weeks:Figure 1: ETH-USD, Daily Candles, Rapid DescentSimilar to bitcoin’s movement discussed in yesterday’s article, ETH-USD experienced a parabolic growth profile during its bull run. дальше »
2018-11-28 01:55 | |
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Cardano Price Analysis: ADA/USD Eyeing Upside Break Above $0.042
Key Highlights ADA price declined sharply below the $0. 0400 support and traded towards $0. 0340 against the US Dollar (tethered). There is a key bearish trend line formed with resistance at $0. 0400 on the hourly chart of the ADA/USD pair (data feed via Bittrex). дальше »
2018-11-26 11:28 | |
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Analysis: BTC Price may test the Support level of $4,207 or Break it
BTCUSD Medium-term Trend: Bearish Resistance levels: $4,636, $5,119, $5,419, Support levels: $4,207, $3,768, $3,025 BTC continues its downtrend on medium-term outlook. дальше »
2018-11-20 15:20 | |
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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test
Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:Figure 1: BTC-USD, Daily Candles, Downward ContinuationThis drop below support is starting to display hallmarks of market capitulation. дальше »
2018-11-20 02:27 | |
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