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Cryptocurrency News Roundup for July 10, 2020
All of the gains from Bitcoin’s surge to $9,475 in the first half of the week washed away on Friday after the BTC/USD pair dipped below $9,150. This was essentially a failed breakout attempt, which could signal a powerful new bearish trend. дальше »
2020-7-11 22:19 | |
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Bitcoin Reverses After Failed Breakout Attempt
On July 9, the Bitcoin (BTC) price created a bearish engulfing candlestick and fell back inside the descending channel it had just broken out from. This is a sign that the breakout was not legitimate and the price is likely to head lower. дальше »
2020-7-10 12:55 | |
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Altcoin Season On The Horizon Following Ethereum’s Bullish Breakout, Says Veteran Trader
Legendary trader Peter Brandt affirms that the altseason is nearby upon a significant breakout in Ethereum. Brandt’s chart sees ETH/BTC first breaking the resistance at 0. 02561, which the trading pair struggled to crack since June 1. дальше »
2020-7-11 11:46 | |
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Cryptocurrency News Roundup for July 9, 2020
Following a brief stint north of $9,400 on Wednesday, Bitcoin is once again back to the low-$9,000s ($9,200 to be more specific). The fact that the mini-rally yesterday came to a standstill around the breakout level underlines that the bulls probably didn’t pack enough punch to give legitimacy to the breakout. дальше »
2020-7-9 22:09 | |
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Bitcoin Could be Following Gold’s Price, Signaling a Breakout is Imminent
Bitcoin’s multi-month consolidation phase has caused its correlation with other assets to degrade, leaving investors to question where it might trend next. One analyst is now floating the possibility that the cryptocurrency’s price is currently lagging just behind that of gold. дальше »
2020-7-9 19:00 | |
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Altcoins Rally Signals Pivotal Moment For A Big Bitcoin Price Breakout
Over the past few days, a good number of altcoins have attained impressive gains and the uptrend in price movement has led to a new narrative; that altcoin season has indeed begun. This is not surprising as most altcoins have surged between 10% to 20% in the space of two days and have since continued […] дальше »
2020-7-9 13:30 | |
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Bitcoin Shows Signs of Stalling After Reaching Descending Resistance
On July 8, the Bitcoin (BTC) price broke out from a descending channel that had been in place since June 1. However, the price has stalled around the breakout level, raising concerns for the possibility that the breakout was not legitimate and the price will soon reverse its trend. дальше »
2020-7-9 12:30 | |
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Bitcoin Bearish Fractal Casts Doubt on Breakout Possibilities
On July 8, the Bitcoin (BTC) price broke out from a descending channel that has been in place since June 1. While there is a possibility that the price is following a bearish fractal that could soon initiate a sharp drop, the high volume on the breakout suggests that the move might be legitimate. дальше »
2020-7-9 08:26 | |
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Why Top Analyst Predicts an Altcoin Rally on Key Ethereum Breakout
Ethereum broke above a crucial short-term resistance area this Wednesday. The second-largest cryptocurrency is now eyeing a “significant breakout” towards 0. 032 sats, according to analyst Peter Brandt. дальше »
2020-7-9 08:10 | |
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Bitcoin Daily Chart Indicates Crucial Bullish Breakout Towards $10,000
Bitcoin is rising steadily and it recently broke the $9,400 resistance against the US Dollar. BTC’s daily chart suggests that the bulls are likely aiming a larger rally towards $10,000. Bitcoin formed a strong support base near $9,000 and recently started a fresh increase. дальше »
2020-7-9 06:58 | |
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One of Bitcoin’s Crucial Macro Indicators Just Formed a Bullish Breakout
From the lows seen on Sunday, Bitcoin has sustained a healthy bounce. As of the time of this article’s writing, the leading cryptocurrency trades for $9,250. At the local peak on Monday, it traded as high as $9,400 on major exchanges. дальше »
2020-7-9 15:00 | |
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Bitcoin’s Pattern Breakout Fails to Clear Overhead Resistance
The Bitcoin (BTC) price has been decreasing since it reached a high of $9,379 on July 7. Today, it broke out from a descending wedge, but could not sustain the higher prices. Bitcoin Short-Term Breakout The hourly chart for BC reveals that the price has been decreasing since a high of $9,379 reached on July […] The post Bitcoin’s Pattern Breakout Fails to Clear Overhead Resistance appeared first on BeInCrypto. дальше »
2020-7-8 11:55 | |
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Ethereum Seeks to Break Out Above Crucial Resistance
The Ethereum (ETH) price is trading inside an important resistance area. A breakout above this level could trigger a rapid rally. Note: This article will focus on the ETH/BTC pair. For the ETH/USD pair, click here. дальше »
2020-7-8 08:40 | |
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Bitcoin Price Poised for ‘Imminent’ Breakout As Network Hashrate Hits Record Highs
The price of bitcoin could see an ‘imminent’ breakout, according to the latest Glassnode data. The data firm says bitcoin (BTC) has been flashing bullish for the past six weeks amid positive onchain activity. дальше »
2020-7-8 02:20 | |
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This Unique Perspective on Bitcoin Charting Makes Bull Breakout Clear As Day
Switching Bitcoin price charts from one type to another gives a clear as day look at what appears to be a full-blown breakout into a bull market. Better yet, the price action also shows a retest of downtrend resistance turned support, which could act as a launchpad for the cryptocurrency. дальше »
2020-7-8 00:00 | |
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XRP is Starting to Show Signs of Life as Analysts Forecast a Breakout Rally
It’s no secret that XRP has been one of the worst-performing major altcoins within the crypto market. It has faced intense losses in recent months and years, with its investor base being unable to catalyze any significant rebound. дальше »
2020-7-8 20:30 | |
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Bitcoin Attempts to Break Through Crucial $9,300 Resistance
The Bitcoin (BTC) price increased considerably on July 6, creating a bullish engulfing candlestick with considerable volume. This caused the price to move all the way to an important resistance area, a breakout above which would be a major bullish development. дальше »
2020-7-7 12:03 | |
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Inverse Bitcoin Fractal from 2019 Warns of Major Bearish Moves Ahead
The bitcoin chart shows an interesting inverse fractal from 2019. The Feb-March price action last year, which resulted in a breakout, hints a breakdown for Bitcoin in 2020. Bitcoin is currently moving in the same manner as it did back in 2019 – just inversely. дальше »
2020-7-8 11:13 | |
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Bitcoin On The Cusp Of A Breakout After Its Energy Value Hits An All-Time High
Bitcoin is finally seeing a glimpse of hope today with a decent 3% price increase climbing above $9,240 and eyes $9,292, the last daily high. Bulls are also facing some resistance at $9,260, the daily 26-EMA. дальше »
2020-7-8 00:46 | |
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Will LINK Reach a New All-Time High Or Will It Break Down?
The Chainlink (LINK) price is very close to reaching an all-time high. However, technical indicators show considerable weakness, putting doubt in the possibility of a breakout. LINK/BTC The LINK price is currently trading inside a very strong resistance area at 54,000 satoshis, inside which it has formed a triple top pattern. дальше »
2020-7-7 21:00 | |
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Bored With Bitcoin? This BTC Price Level Is Key for a Big Breakout
The price of Bitcoin is consolidating below $9,300 but this isn’t necessarily bearish as a major breakout may be in the works.
дальше »2020-7-5 17:50 | |
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Will VET Successfully Break Out Above Resistance?
Vechain (VET) is trading inside an important resistance area. Whether it will break out above or get rejected will likely determine the direction of the future trend. Current Breakout On July 2, the VET price broke out from a symmetrical triangle that had been in place since June 12. дальше »
2020-7-4 21:00 | |
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Ethereum short-term Price Analysis: 03 July
Disclaimer: The findings of the following analysis look into Ethereum's bearish breakout and the recovery effort that followed. The emerging trend, at the time of writing, was bullish in nature since The post Ethereum short-term Price Analysis: 03 July appeared first on AMBCrypto. дальше »
2020-7-3 18:00 | |
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Tezos long-term Price Analysis: 02 July
Disclaimer: The following analysis traces Tezos's [XTZ] price movements that led to the price breakout, while also identifying its important support points The fate of most cryptocurrencies is inteThe post Tezos long-term Price Analysis: 02 July appeared first on AMBCrypto. дальше »
2020-7-2 19:30 | |
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Ripple (XRP) Price Won’t Go Down Quietly: Risk of Bullish Breakout Grows
Ripple is currently consolidating above the $0. 1720 support against the US Dollar. XRP price seems to be preparing for a bullish break above the $0. 1800 resistance region. Ripple price is facing a couple of important hurdles near the $0. дальше »
2020-7-2 08:28 | |
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Market Wrap: Crypto Market Eerily Quiet as Bitcoin Stuck Near $9K
Bitcoin volatility continues to drop as the price stays within a tight range and traders wait for a breakout in either direction. дальше »
2020-7-1 23:26 | |
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The Crypto Market’s Most Accurate Tool Says New Bitcoin Uptrend Is Here
The crypto market is at a pivotal moment. A new uptrend in Bitcoin was starting prior to the Black Thursday selloff, and now prices are consolidating below a critical level. A breakout all but guarantees a new bull market for cryptocurrencies. дальше »
2020-7-1 23:00 | |
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Ethereum long-term Price Analysis: 30 June
Disclaimer: The conclusions of the following article attempt to foresee Ethereum's price movement, leading up to a potential breakout in the first week of July. Ethereum noted a sharp decline in The post Ethereum long-term Price Analysis: 30 June appeared first on AMBCrypto. дальше »
2020-6-30 11:30 | |
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Bitcoin’s Short-Term Breakout Could Lead to a Bounce
On June 29, the Bitcoin (BTC) price broke out from a short-term descending resistance line. This could have been the beginning of an upward move that takes the price towards $9,300-$9,400. However, the longer-term outlook is still bearish, and BTC is expected to eventually decrease towards the range low. дальше »
2020-6-30 10:26 | |
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No, Bitcoin Breaking Below $9k Was Not a Bearish Breakout: Analyst
On Saturday, Bitcoin finally broke below $9,000 after a week of consolidation. When the asset slipped under this level, more than $20 million worth of longs on BitMEX were liquidated. This was in addition to the more than $40 million liquidated just two days earlier. дальше »
2020-6-29 23:30 | |
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Аналитик Bloomberg Майк Макглоун: Биткоин готов подняться до $13 000
Главный стратег по сырьевым товарам Bloomberg Intelligence Майк Макглоун ожидает скорого рывка цены первой криптовалюты к уровню сопротивления на $13 000. #Bitcoin a Caged Bull Set for Breakout, Eying $13,000 Resistance —The more disdain from bulls should be for the better, keeping the price tilted upward for the consolidating crypto. дальше »
2020-6-27 18:53 | |
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Аналитик Bloomberg: биткоин созрел для прорыва к $13 000
Главный стратег по сырьевым товарам Bloomberg Intelligence Майк Макглоун ожидает скорого рывка цены первой криптовалюты к уровню сопротивления на $13 000. #Bitcoin a Caged Bull Set for Breakout, Eying $13,000 Resistance -- The more disdain from bulls should be for the better, keeping the price tilted upward for the consolidating crypto. дальше »
2020-6-26 17:52 | |
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Bloomberg Analyst Sees Bitcoin at $13K Despite Hints of Deep Breakdown
Bitcoin price is eyeing a breakout towards $13,000, according to Bloomberg analyst Mike McGlone. The senior commodity strategist stated that the cryptocurrency’s declining volatility is making it a digital version of gold. дальше »
2020-6-26 16:00 | |
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On-chain data accentuates that Cardano (ADA) is “mostly bearish”
The crypto market has seen a strong correction since its attempted breakout earlier this week, Cardano (ADA) has been no exception to this drop. The post On-chain data accentuates that Cardano (ADA) is “mostly bearish” appeared first on CryptoSlate. дальше »
2020-6-26 13:00 | |
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Bitcoin Recovery Runs Into Resistance: Here Are Key Breakout Levels
Bitcoin started an upside correction after testing the $9,000 support against the US Dollar. BTC is now facing a strong resistance near the $9,300 and $9,400 levels. Bitcoin is recovering and it is trading above the $9,200 support level. дальше »
2020-6-26 06:58 | |
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First Mover: What’s Going On With Bitcoin Derivatives?
Surging open interest on bitcoin futures and options contracts might well be a sign that a breakout could be imminent. дальше »
2020-6-25 15:34 | |
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Bitcoin Bounces on Crucial Moving Average Yet Again
The Bitcoin price decreased considerably on June 24, creating a bearish engulfing candlestick and erasing almost all of the gains made from the June 22 breakout. However, the price is still trading inside a strong support area backed by the 50-day moving average (MA). дальше »
2020-6-25 13:45 | |
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Bitcoin Hesitates But This Technical Breakout Suggests Gains Above $9,800
Bitcoin started a downside correction from the $9,780 swing high against the US Dollar. BTC found support near $9,600 and it is currently gaining bullish momentum for a fresh rally. Bitcoin is trading nicely above the $9,500 support zone and the 100 hourly simple moving average. дальше »
2020-6-24 06:58 | |
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Analyst Who Predicted Bitcoin Would Hit $3,000s in 2020 Expects a 15% Drop
After holding in the low-$9,000s, Bitcoin finally saw a breakout recently. The cryptocurrency liquidated $15 million worth of BitMEX short contracts as it shot as high as $9,800 during Monday’s trading session. дальше »
2020-6-24 03:00 | |
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