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Here’s why Bitcoin (BTC) price is struggling this week as Ethereum (ETH) hits new highs
Bitcoin (BTC) price is trading about 3% lower this week as it faces mild selling pressure, following a strong push higher in recent weeks. BTC price could decline 50% in the short run, says Guggenheim CIO Bitcoin price has corrected lower in the past two weeks as industry experts and analysts warn of an oversaturation […] The post Here’s why Bitcoin (BTC) price is struggling this week as Ethereum (ETH) hits new highs appeared first on Invezz. дальше »
2021-4-22 17:30 | |
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TA: Bitcoin Stuck in Range, Here’s What Could Trigger More Losses
Bitcoin price is trading in a range below the $57,500 resistance against the US Dollar. BTC is likely to start a major decline if there is a clear break below the $53,500 support zone. Bitcoin is struggling to gain momentum above the $56,000 and $56,500 levels. дальше »
2021-4-22 05:28 | |
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Bitcoin (BTC) Price Trading Analysis – April 19
After closing the weekly session at $56,280 in a bearish engulfing pattern, down 6% from the previous week, BTCUSD staged an abortive recovery in the early trading hours on Monday. A daily close on Saturday below the key support level of 61165 triggered a rapid, alarming decline on Sunday, leading to roughly $4. дальше »
2021-4-20 21:32 | |
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TA: Short-Term Bearish? Why Bitcoin Price Could Struggle Above $57.5k
Bitcoin price extended its decline and tested the $55,500 support against the US Dollar. BTC is now recovering, but it is likely to face a strong resistance near the $57,500 level. Bitcoin failed to hold the $57,000 zone and extended its decline towards the $55,500 level. дальше »
2021-4-8 06:08 | |
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TA: Why Ethereum Could Decline Heavily If It Breaks $1,700
Ethereum is started a major decline from well above $1,850 against the US Dollar. ETH price is trading near the key $1,700 support, below which it could decline heavily. Ethereum declined further below the $1,800 and $1,750 support levels. дальше »
2021-3-16 08:08 | |
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YFII Breaks Out From Long-Term Resistance – What’s Next?
Despite the ongoing short-term decline, the trend is still likely to be bullish and should continue moving upward. YFII Breakout From Resistance Since breaking down on Oct. 2020, YFII had been trading below the $2,500 resistance area, having made four unsuccessful breakout attempts. дальше »
2021-2-23 16:42 | |
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Ethereum Could See an Explosive Move Higher Following Massive 20% Surge
Ethereum has been trading as a higher beta asset to Bitcoin as of late, closely tracking the benchmark crypto but seeing more drastic movements Last night’s Bitcoin selloff proved to be somewhat dire for ETH, with it sending the cryptocurrency down to lows of $1,040 This decline marks a 30% retrace from ETH’s recent highs […] дальше »
2021-1-23 00:00 | |
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TA: Ethereum Facing Major Hurdles: Why 100 SMA Could Trigger Fresh Rally
Ethereum struggled to clear $1,150 and started a fresh decline against the US Dollar. ETH price is currently trading well below the 100 hourly SMA and $1,100. Ethereum is showing a few bearish signs after getting rejected from the $1,150 resistance zone. дальше »
2021-1-13 08:28 | |
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Bitcoin ‘real’ daily trading volume tops $22B as BTC price recovers
Monday's Bitcoin price decline coincided with a massive activity spike across spot, options and futures markets.
дальше »2021-1-12 14:35 | |
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ETC Makes Fifth Attempt to Break Out Above $7.40
Both technical indicators and the wave count support the possibility of a breakout, which would take ETC to at least $9. 30. Long-Term Resistance ETC has been trading below the $7. 40 resistance area since the rapid decline in March. дальше »
2021-1-6 17:47 | |
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TA: Ethereum Bears Keeps Fighting, Why ETH Could Correct Sharply
Ethereum is still struggling to clear the $595 resistance zone against the US Dollar. ETH price remains at a risk of a sharp decline if it breaks the $575 support zone. Ethereum is still trading well below the main $595 and $600 resistance levels. дальше »
2020-12-16 08:28 | |
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This On-Chain Metric Spells Trouble for XRP Following SPARK Airdrop
XRP has seen some mixed price action as of late, with the cryptocurrency’s price not breaking firmly below $0.50 as the selling pressure placed on it begins mounting The cryptocurrency is now on the cusp of seeing a sharp decline, with analysts noting that a continued bout of trading below this level could be dire […] дальше »
2020-12-16 02:00 | |
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Bitcoin “Annihilated” Its Key Support During Recent Decline; Here’s Where It Stands
Bitcoin has been facing some intense resistance throughout the past few days and weeks, which has been suppressing its growth and sparking multiple strong rejections The selling pressure found within the mid-to-upper $19,000 region has been quite intense, and may continue stunting its growth in the mid-term One trader believes that any continued near-term weakness will likely cause it to see significantly further downside in the mid-term This is because it is now trading just […] дальше »
2020-12-10 02:00 | |
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TA: Ethereum Dives To $550, Why More Downsides Seem Likely
Ethereum started a strong decline after it failed to surpass $600 against the US Dollar. ETH price declined over 6% and it is now trading near the $550 level. Ethereum started a strong decline after it failed to clear the $600 and $602 resistance levels. дальше »
2020-12-9 08:28 | |
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Bitcoin “Double Top” Narrative Builds, Factors To Potentially Fear
Bitcoin price is in a precarious location. The asset set a new all-time high just days ago but is trading below the record and starting to decline. The shifting momentum is now presenting in technical indicators supplying bearish signals, adding to the double top narrative that’s been building since failing to break $20,000. Here are […] дальше »
2020-12-9 23:00 | |
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TA: Ethereum Near Inflection Zone, Why ETH Could Tumble Below $570
Ethereum traded to a new yearly high at $636 before correcting lower against the US Dollar. ETH price is showing bearish signs and it could decline heavily if there is a break below $570. Ethereum started a downside correction after trading to a new yearly high at $636. The price is trading below the $600 […] дальше »
2020-12-2 08:28 | |
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Chinese Banks Suspend New Gold Trading Accounts Creation Amid Price Slump
Commercial banks in China are suspending the creation of new gold and precious metal trading accounts amid massive volatility in the market. Positive coronavirus vaccine trial news has seen a pivot from haven assets to riskier investment instruments causing a significant decline in precious metal prices. дальше »
2020-11-28 12:32 | |
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Ethereum Could Target $850 Once It Breaks Key Resistance, Claims Analyst
Ethereum has flashed signs of immense strength despite a fleeting overnight selloff This recent decline came about in tandem with that seen by the rest of the crypto market Bitcoin plunged below $18,000 before posting a “V-shaped” recovery and rallying significantly higher This recovery also helped lead ETH higher, with the cryptocurrency rapidly navigating back up to where it has been trading throughout the past couple of days Its recent strength and unwavering uptrend indicate […] дальше »
2020-11-23 01:00 | |
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Here’s Why Ethereum’s Overnight Plunge May Help Clear a Path to $700
Ethereum was struck hard by the plunge seen yesterday evening by the aggregated crypto market After setting fresh 2020 highs of $495 alongside BTC’s push towards $19,000, the cryptocurrency saw a rapid and unrelenting plunge that sent it to lows of $450 on some trading platforms This 10% decline occurred over the course of a few minutes and sent shockwaves throughout the entire market It has since recovered from these lows and is now consolidating […] дальше »
2020-11-19 23:00 | |
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Analysts Watch Crucial Bitcoin Support as Altcoins Gain Momentum
Bitcoin has been inching lower throughout the past few days and weeks, with buyers and sellers both being unable to take control of its near-term trend This slight decline has come about following a period of immense strength and stability as it consolidated above $16,000 If it continues trading below this level, its recent $16,500 highs could mark a long-term top Where it trends next may depend on one key support level that an analyst […] дальше »
2020-11-15 01:00 | |
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Charted: Chainlink (LINK) Signaling Bearish Continuation Below $9.8
Chainlink (LINK) started a sharp decline from the $11. 60 resistance zone. The price is now trading well below $10. 50 and it seems like the bears are aiming a test of the $9. 00 support. Chainlink token price started a major decline after it failed to clear the $11. дальше »
2020-11-3 10:48 | |
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Bitcoin Resilience Remains As Stock Market Closes Worst Day In Months
The stock market yesterday closed its worst single-day decline in nearly two months, causing the richest people in the world to lose over $14 billion in net worth. Bitcoin also pulled back yesterday, but as of this morning is already trading higher than before, while the S&P 500, the Dow Jones, and the Nasdaq continue to plunge. дальше »
2020-10-27 18:02 | |
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WAVES Rallies Considerably but Gets Rejected Near $3
The Waves (WAVES) price is trading at a crucial resistance level, a breakout above which would go a long way in supporting the possibility of a bullish trend. However, technical indicators are neutral, and the wave count suggests that the price is more likely to decline in the short-term. дальше »
2020-10-20 23:02 | |
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Ethereum Struggling Below $375, But 100 SMA Can Trigger A Fresh Rally
Ethereum started a steady decline from the $395 swing high against the US Dollar. ETH price is now trading just above the main $360 support and the 100 SMA (H4). ETH price is showing a few bearish signs below $375 and $380 against the US Dollar. дальше »
2020-10-18 09:48 | |
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Bitcoin Back Above $11,000, in ‘Strong Negative’ Correlation with US Dollar
And BTC is back! Markets have been trading cautiously, with small-cap cryptocurrencies underperforming the large-cap ones and the DeFi sector bleeding, with Curve (CRV) being the most notable one thanks to its -99% decline since hitting the peak in early September. дальше »
2020-10-9 14:55 | |
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Despite Short-Term Weakness, Bitcoin Macro Trend Still Positive
Since peaking in late August, the price of Bitcoin has undergone a strong decline that has brought the cryptocurrency as low as $9,800. At its worst, BTC was trading more than 21% below its local year-to-date high. дальше »
2020-10-7 13:00 | |
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Bitcoin price drops hours after BitMEX cofounders charged by CFTC
The premier cryptocurrency was trading near $10,612 at the time of writing and is also representing a roughly 4% decline over the past 24 hours, according to data from trading view. Prices dropped by The post Bitcoin price drops hours after BitMEX cofounders charged by CFTC appeared first on AMBCrypto. дальше »
2020-10-2 22:48 | |
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Ethereum Close Below $350 Could Spark Larger Degree Correction To $330
Ethereum tested the $370 resistance before correcting lower against the US Dollar. ETH price could start a larger decrease if it fails to stay above $350 and $348. Ethereum started a fresh decline after trading to a new weekly high near $370. дальше »
2020-9-29 08:48 | |
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One of Bitcoin’s Bull-Scenarios Was Invalidated by Selloff; Factors to Consider
Bitcoin has been caught in the throes of immense volatility throughout the past few days, with the cryptocurrency being unable to form a sustainable trend This has led investors to question what could come next for BTC, as it is still caught within the long-held trading range between $10,000 and $11,000 That being said, the latest decline that sent the crypto reeling down from its $10,500 daily highs struck a blow to its technical outlook […] дальше »
2020-9-25 02:00 | |
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Here’s the Crucial Level Bitcoin Needs to Close Above to Kick Off Its Uptrend
Bitcoin’s price action has not been encouraging for bulls as of late Following a short-lived bout of trading above $11,000, the cryptocurrency ultimately faced a harsh rejection at $11,200 The decline from these highs has been intense, leading the cryptocurrency to slide down to lows of $10,400 that were revisited this morning BTC now appears to be caught within a trading range with a lower boundary at $10,400 and an upper boundary around $10,600 Traders […] дальше »
2020-9-24 02:00 | |
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‘Bullish Divergence’ for SNX; Nearly 80% of Synthetix’s Native Token is Locked as Collateral
Synthetix currently has about $600 million worth of crypto deposit locked, which is in decline since hitting the record $1 billion on Sept. 2nd, as per DeFi Pulse. One of the top DeFi protocols, Synthetix, is a synthetic asset issuance and trading protocol that tracks real-world assets like crypto, fiat, and stocks and uses Chainlink’s […] The post 'Bullish Divergence' for SNX; Nearly 80% of Synthetix’s Native Token is Locked as Collateral first appeared on BitcoinExchangeGuide. дальше »
2020-9-24 20:39 | |
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Ripple (XRP) Near Crucial Juncture: Here’s Why It Could Decline Sharply
Ripple failed to extend gains above $0. 2580 and declined sharply against the US Dollar. XRP price is likely to decline heavily if it breaks the key $0. 2300 support zone. Ripple is now trading well below the $0. дальше »
2020-9-23 10:48 | |
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Litecoin (LTC) Attempts to Reclaim $50 Support level
Despite the rapid decline on September 2, the long-term bullish structure for Litecoin (LTC) is still intact. As long as the price is trading above the $42 support area, the possibility of bullish continuation remains valid. дальше »
2020-9-11 22:30 | |
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Here’s the Crucial Level That May Spark Bitcoin’s Next Bloodbath Decline
Bitcoin has been caught in the throes of an intense bout of sideways trading for the past few weeks, with attempts to break above or below the upper-$11,000 region proving to be highly fleeting. Earlier this week, the benchmark cryptocurrency rallied as high as $12,400 before it lost its momentum, with its price subsequently plunging […] дальше »
2020-8-22 02:00 | |
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Bitcoin Just Hit a Crucial Trendline; Analysts Expect Imminent Fireworks
Bitcoin and the rest of the crypto market has witnessed some bear-favoring volatility throughout the past few hours This came about following a day of relative stability yesterday, and it appears that Ethereum’s potent decline is creating headwinds for the rest of the market BTC is now trending down near a crucial support level that coincides with a key trendline Analysts believe that a continued bout of trading above this level could be all that […] дальше »
2020-8-22 21:00 | |
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Bitcoin Short Positions Surge to 4 Month High as Bears Grow Aggressive
Bitcoin and the entire crypto market – with a few exceptions – is flashing signs of weakness at the present moment This has come as a result of the sharp decline seen last night, which sent BTC reeling below its key $12,000 support The benchmark crypto is now consolidating between $11,600 and $12,000 This is the same trading range that it was trading in before its recent break above $12,000 Analysts do believe that the […] дальше »
2020-8-20 02:00 | |
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This Bearish Divergence Suggests Bitcoin Will Soon See a $1,300+ Pullback
Bitcoin and the aggregated crypto market are currently caught within the throes of a volatile trading session, with BTC plunging below its key $12,000 support level. The break below this crucial support caused it to plunge as low as $11,600, with bulls stepping up and guarding against a decline beneath this level. Analysts are now […] дальше »
2020-8-19 19:00 | |
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Bitcoin Could Retrace to $9,000 if it Breaks Below This One Key Level
Bitcoin is now hovering within the mid-$11,000 region following the intense bout of selling pressure it witnessed yesterday The decline beneath $11,200 was quickly absorbed by bulls, although BTC remains in a somewhat precarious position One analyst is pointing to massive support just below where the crypto is currently trading as a bullish factor That being said, other traders are cautioning that BTC is getting closer to a key level that could lead the crypto […] дальше »
2020-8-13 02:00 | |
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Ripple (XRP) Nosedives 8%, Technicals Indicate A Drop To $0.25
Ripple failed to clear the $0. 3000 barrier and started a strong decline against the US Dollar. XRP price is down over 8% and it seems like the bears are aiming a test of the $0. 2500 support. Ripple is declining and it is now trading well below the $0. дальше »
2020-8-12 09:08 | |
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Bitcoin Gains Independence From the Traditional Markets to Move in Line with Gold
Ever since last month, the one-month correlation between Bitcoin and S&P 500 has been on a constant decline, going from an all-time high of 78.8% on July 8th to now just at 26%. While the equities market is continuing on its upwards trend with a few retracements along the way, after trading sideways for close […] дальше »
2020-8-9 17:50 | |
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XRP Sees Trading Volumes Decline as Users Anticipate XUMM Release
XRP trading volumes have declined in Q2 2020, falling from $29. 6 billion to $17. 8 billion. Ripple has had a somewhat challenging second quarter according to a Q2 report published by the company on August 3. дальше »
2020-8-5 17:33 | |
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Bitcoin’s options skew suggests traders are anticipating a sharp decline
Bitcoin’s consolidation trend at the lower boundary of its long-held trading range isn’t showing any signs of letting up anytime soon. The post Bitcoin’s options skew suggests traders are anticipating a sharp decline appeared first on CryptoSlate. дальше »
2020-7-18 06:00 | |
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Chainlink Avoids Major Dump Following New Partnership Deals
Chainlink plunged during the Thursday trading session in what appears to be a sell-off caused by profit-takers. The latest decline appeared as a part of a downside correction that started a day after Chainlink set an all-time high at $8. дальше »
2020-7-16 16:00 | |
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Data Suggests Crypto Trading Volume Declined by Almost 50% in June 2020
Trading Volume on cryptocurrency exchanges suffered a massive decline in June 2020, with the spot trading volume being the worst hit. Crypto Spot Trading Volume Shrank in June Amid DEX ATH According to figures published by cryptocurrency data analytics provider CryptoCompare, crypto exchanges saw a significant decline in trading volume in June. дальше »
2020-7-8 23:07 | |
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Crypto Derivatives Volumes Crash 36% to $393 Billion in June, a Low for 2020
Crypto derivatives trading volumes plunged 36% to $393 billion in June, the lowest they have reached in 2020, according to a new report by Cryptocompare. The decline may be the result of a lull in investor interest in the instruments during the month in review. дальше »
2020-7-8 06:22 | |
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Ethereum Could Narrowly Avoid Another Decline If It Closes Above $230
Ethereum is slowly recovering and trading above the $225 level against the US Dollar. ETH is likely to rise sharply if it clears the $228 and $230 resistance levels. Ethereum is showing positive signs above the $224 and $225 support levels. дальше »
2020-6-30 09:58 | |
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This Confluence Of Bearish Factors Shows Ripple (XRP) Could Dive Again
Ripple started an upside correction after trading as low as $0. 1690 against the US Dollar. XRP price is currently facing a strong resistance at $0. 1800 and it could resume its decline. Ripple corrected higher above the $0. дальше »
2020-6-29 08:28 | |
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Bitcoin Is Recovering But $9,300 Could Trigger A Fresh Decline
Bitcoin is currently correcting higher from the $8,813 swing low against the US Dollar. BTC is trading above $9,000, but it is facing many hurdles near $9,200 and $9,300. Bitcoin started an upside correction after trading to a new monthly low at $8,813. дальше »
2020-6-29 06:58 | |
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Ethereum is Showing Early Signs of Macro Weakness; What to Watch For
Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […] дальше »
2020-6-29 22:00 | |
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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 »
2020-6-27 21:00 | |
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