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Why Bitcoin May Be In For a Fall Towards $6,000
Bitcoin risks plunging back towards $6,000 purely based on a historical technical setup. The analogy appears after switching a BTC/USD chart from normal to a more precise logarithmic scale. It shows that the cryptocurrency has not precisely broken above its long-term descending trendline resistance. дальше »
2020-7-29 14:00 | |
$12k Bitcoin Can Unlock Prices “As High as Imagination” Will Allow: Analyst
Bitcoin has faced a rejection after surging as high as $11,500 on Monday. As of the time of this article’s writing, BTC is at $10,800. Analysts remain optimistic despite this drop from the local highs, arguing that the bearish market structure that persisted last week is now broken. дальше »
2020-7-28 15:00 | |
This Golden Bull Market Factor Predicts Bitcoin Will Rocket to $14k
Bitcoin price has broken up out of its trading range and has potentially also broken out of a massive, multi-year triangle. If the breakout can hold and confirm, the first logical target according to an important bull market factor would be $14,000. дальше »
2020-7-28 23:00 | |
Bitcoin has only 30 percent chance of breaking $17,000 this year, according to this “estimate”
Cane Island Alternative Advisors’ Timothy Peterson is placing the probability of Bitcoin reaching $17,000 by the end of 2020 at 30%, now that it has broken through $10,000. It will take roughly a 70% rally from the current price of Bitcoin to attain that height. дальше »
2020-7-27 00:17 | |
Ethereum Hits $320 as Price Goes Parabolic: What Analysts Think Comes Next
Ethereum is ripping higher after having broken past the pivotal $250 resistance earlier this week. As of this article’s writing, the asset trades for a few dozen basis points shy of $320 — a price almost 30% higher than that of five days ago. дальше »
2020-7-26 12:27 | |
ETH Fees Jumps Over 1,600% in 2020, Vitalik Says It Risks Making The Network ‘Less’ Secure
The price of Ether started pumping just this week after weeks of slow action. In 2020, so far, Ethereum has recorded gains of 110%. The digital asset has actually “broken out from its 50-day Bull Flag” to begin “a new uptrend. дальше »
2020-7-24 18:43 | |
Stellar (XLM) Breaks Free from Range, Reclaims 1,000 Satoshi Level
The Stellar (XLM) price has broken out from a long-term symmetrical triangle, potentially signaling that it has begun a bullish trend. The XLM price has been in a downward spiral since November 2018, having lost about 90% of its value in the year that followed. дальше »
2020-7-23 15:15 | |
EOS Breaks Out from Major Resistance Line
The EOS (EOS) price has broken out from a descending resistance line that had been in place since April 2018. Along with the bullish outlook given by long-term indicators, it is likely that EOS has already begun a bullish trend and will continue increasing. дальше »
2020-7-22 09:35 | |
Has Ethereum (ETH) Reached a Top?
The Ethereum price has broken down from a rising support line. After briefly validating this line as resistance, the price has resumed its downward momentum. The ETH/BTC pair attempted a breakout above a crucial resistance area, but could not sustain the higher prices and has fallen back below this level. дальше »
2020-7-17 01:30 | |
After 500% rally, Chainlink (LINK) just passed Ethereum in this crucial metric
It may sound like a broken record at this point but Chainlink (LINK) has seen extremely strong price performance over the past few months. The post After 500% rally, Chainlink (LINK) just passed Ethereum in this crucial metric appeared first on CryptoSlate. дальше »
2020-7-17 22:00 | |
Can Verge Hold on Above Crucial Support?
The Verge (XVG) price has broken out from an important resistance area and looks to be forming the base of a bullish pattern. It is currently re-testing former resistance levels as support. In order for the upward move to continue, XVG has to hold above this level in the long-term. дальше »
2020-7-16 17:10 | |
Digibyte Rally Could Send Prices Soaring
The Digibyte (DGB) price has broken out from a long-term descending resistance line, indicating that it may have begun a bullish trend. However, the price is trading inside a crucial resistance area, which could cause a short-term decrease. дальше »
2020-7-16 09:35 | |
Bitcoin Is “Teetering” as Price Prepares to Move Below Crucial Support
This may sound like a broken but Bitcoin has once again flatlined in the low-$9,000s. For the past two to three weeks, the leading cryptocurrency has traded within a few percentage points of $9,200 on both sides. дальше »
2020-7-16 04:00 | |
Augur (REP) Has Broken Out From Two-Year Long Resistance Line
At the beginning of June, the Augur (REP) price broke out from a descending resistance line that had been in place for almost 900 days. The price followed that up with a breakout above a significant resistance area. дальше »
2020-7-16 22:22 | |
ZEC Breaks Out From Long-Term Trading Pattern
The Zcash (ZEC) price has broken out from a long-term symmetrical triangle and is moving towards its next closest resistance area. However, the price is showing short-term signs of weakness, indicating that the first breakout attempt might be unsuccessful. дальше »
2020-7-15 09:35 | |
STRAT Begins Upward Move and Breaks Out from Long-Term Range
The Stratis (STRAT) price has broken out from a resistance area that had previously been in place since August 2019. After a decrease that validates this area as support, the STRAT price is expected to continue moving upwards. дальше »
2020-7-14 17:10 | |
As Bitcoin’s Volatility Hits Historic Lows, Traders are Eyeing a Move to $13,000
All of Bitcoin’s recent volatility has occurred within a relatively tight trading range between $9,000 and $10,000. There have been a few occasions in which the cryptocurrency has broken above or below these range boundaries, but each time has been short-lived and followed by a swift movement back into the range. This range was first […] дальше »
2020-7-11 00:00 | |
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 | |
This Crucial Bitcoin Support Could Propel BTC as High as $11,500
Bitcoin has stabilized following yesterday’s slight volatility, which allowed it to climb as high as $9,450 before hitting some notable resistance Bitcoin has now broken out of the tight trading range that it was previously caught within Analysts do believe that it is laying the groundwork to make a notable upside movement in the days ahead According to one well-respected options trader, this movement could send it as high as $11,500 due to the strength […] дальше »
2020-7-9 21:00 | |
Stellar (XLM) Breaks One Year Downtrend As Bulls Target New Resistance Levels
Stellar (XLM) has broken past a one-year downtrend to trade slightly below 1000 Sats against Bitcoin. The 24hrs pressure from the bulls was a major driving factor to the point. In a period of 24hrs, slight gains piled up to reach 21% and the bulls strengthened pressure with strong price rejection which followed in the […] дальше »
2020-7-9 20:14 | |
ADA Aims to Break Out Over Two-Year Long Resistance
The Cardano (ADA) price is trading inside an important resistance area which has not been broken since 2018. However, technical indicators are showing weakness, making it likely that the price will not yet break out. дальше »
2020-7-7 16:10 | |
The Bitcoin Dominance Rate Decline Could Be Nearing Its End
The Bitcoin dominance rate (BTCD) has broken down from a minor support area. The closest support area is found at 64. 2%, but BTCD has yet to show any signs of reversal. Ongoing Decline The Bitcoin dominance rate has been decreasing since reaching a high of 66. дальше »
2020-7-7 17:34 | |
An Accurate Bitcoin Analyst Expects a “Large” Correction in Altcoins
This may sound like a broken record but it’s been a strong year thus far for altcoins compared to Bitcoin. Just look at the chart below, which shows that since the start of the year, BTC has underperformed many altcoins. дальше »
2020-7-6 01:00 | |
Bitcoin is Coiling Up for a Massive Downside Movement; Here’s Why
Bitcoin is now inching down towards its crucial near-term support at $9,000, with bears placing enough selling pressure on the crypto to jeopardize its consolidation phase BTC has broken below this level on previous occasions, although each journey into the upper-$8,000 area has proven to be short-lived There now appear to be multiple signs suggesting that BTC is preparing to make a massive downside movement This move, should it happen in the near-term, could pierce […] дальше »
2020-7-6 19:00 | |
XRP Has Just Broken Past a Crucial Downtrend, But Don’t Bet on a Rally
Bitcoin, Ethereum, along with many other cryptocurrencies have done well in 2020. Yet the same cannot be said for XRP, which is down by approximately 10% since the start of the year. The fourth-largest cryptocurrency started the year third, but XRP has performed so relatively poorly that it has slid down a slot. дальше »
2020-7-5 04:00 | |
Outlining Potential Ethereum Correction Scenarios
The Ethereum (ETH) price has broken down from a long-term ascending support line, indicating that it has likely begun a corrective movement. On June 25, the Ethereum price broke down from an ascending support line that had previously been in place since March 13. дальше »
2020-7-4 17:10 | |
IOTA Breaks Out, Aims For Recent Highs
The IOTA (IOTA) price has broken out from a descending resistance line and has been increasing at an accelerated rate over the past three days. The IOTA price has been increasing since June 27, when it initially dropped to the 2220 satoshi support area. дальше »
2020-7-3 15:10 | |
These Two Major Altcoins Show Completely Opposite Price Movement
The EOS (EOS) price has broken down from an important support area. After a re-test and validation of it as resistance, it seems that it will head downwards. On the other hand, the Stellar (XLM) price has reclaimed an important support area and looks poised to make another upward move. дальше »
2020-7-2 07:55 | |
A Detailed Look at the Bitcoin Dominance Rate
The Bitcoin dominance rate (BTCD) has broken down from a long-term rising support line. Unless it successfully reclaims the 66. 5% resistance area, the trend remains bearish. Double Bottom The Bitcoin dominance rate has been gradually increasing since June 24. дальше »
2020-7-2 00:00 | |
ATOM Breaks Above Resistance, IOTA May Soon Follow
Cosmos (ATOM) has broken out from a long-term descending resistance line and validated it as support afterward. The price is expected to continue moving upwards. IOTA (IOTA) has created a bullish hammer and is in the process of breaking out from a similar descending resistance line. дальше »
2020-6-30 14:10 | |
Ethereum Could Soon Plummet 20% Against BTC; Here’s Why
Ethereum has been woefully underperforming Bitcoin over the past few days, with the cryptocurrency’s USD pair fast approaching a crucial “last-ditch” support level could catalyze a massive downtrend – should it be broken below. дальше »
2020-6-30 04:00 | |
This Signal Last Seen Before Ethereum’s 60% March Crash Is “Inches Away”
After days of consolidation, Bitcoin, Ethereum, and the rest of the crypto market have finally broken down. The flagship cryptocurrency tanked from the $9,100 base to a low of $8,830 for a loss of 3%. дальше »
2020-6-29 01:00 | |
These Two Altcoins Have Broken Out From Bullish Patterns
The prices of both Cartesi (CTSI) and Ravencoin (RVN) have broken out from their respective descending resistance lines. Even though they were rejected by the first resistance area, they will likely initiate another upward move. дальше »
2020-6-26 18:00 | |
Is the Bitcoin Dominance Rate About to Fall Off?
The Bitcoin dominance rate (BTCD) has broken down from a long-term ascending support line and faces considerable overhead resistance. While a short-term relief rally could occur, BTCD is expected to eventually continue its longer-term descent. дальше »
2020-6-26 14:20 | |
Why This Analyst Sees Bitcoin Price Crashing To $8.3k Before A Sharp $10.3k Bounce
Recent data have shown that Bitcoin has performed quite strongly in 2020, particularly after the third halving which happened just last month. Although it has not been able to stay above $10,000 for long, it has also still not broken below $9,000 for a while now. дальше »
2020-6-20 19:54 | |
As Ethereum Miners Vote to Increase Block Gas Limit, Here Are Its Pros and Cons
The Ethereum network is about to experience a 25% block gas limit increment – that is, if the miners currently voting on the issue give a nod for the increase. The news was broken in a twitter post by Bitfly, the company behind the Ethereum mining pool Ethermine. дальше »
2020-6-20 08:40 | |
These Two Altcoins Are Showing Strong Reversal Signs
After showing strong signs of a long-term reversal, the LOOM price has broken out from a major resistance. This could be the first step of a more significant move upwards. RLC has already broken out from a long-term descending wedge and has begun to move upwards. дальше »
2020-6-19 17:46 | |
Bitcoin Will Confirm a Massive Bearish Distribution Pattern if it Breaks $8,600
Bitcoin’s long-held consolidation phase came to an end yesterday evening when sellers pushed the benchmark cryptocurrency below $9,000 Although buyers stepped up and quickly defended against further losses, they have been unable to catalyze any type of sharp recovery It now appears that BTC is well positioned to see a notable decline in the days ahead as sellers target the key support at $8,600 If this level is broken below, a massive distribution pattern will […] дальше »
2020-6-16 21:00 | |
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 | |
Two Altcoins That Are Ready For Another Upward Move
The Vechain (VET) price is in the process of reclaiming yet another resistance area and moving towards 100 satoshis. ZRX has broken out from a short-term bullish pattern and is in the process of moving towards the closest resistance area. дальше »
2020-6-11 03:30 | |
Bears look for weakness from the bulls on EOS
EOS has broken below its major support level at $2.7537 after running into major...
The post Bears look for weakness from the bulls on EOS appeared first on Coin Journal.
дальше »2020-6-10 18:37 | |
BAT and XLM Have Moved Above Their 200-Day MA’s
The prices of both Basic Attention Token (BAT) and Stellar (XLM) have broken out from important resistance levels. While BAT is currently moving upwards, XLM might retrace a little further before potentially reversing its trend. дальше »
2020-6-9 00:00 | |
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 | |
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 | |