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Why Analysts Expect XRP Drop as the Cryptocurrency Slides Lower
XRP is preparing to plunge lower as the cryptocurrency forms a bearish price pattern. The cryptocurrency is actually down 1% in the past 24 hours, despite Bitcoin rallying a handful of percent. XRP’s underperformance of the leading digital asset may add pressure to its move to the downside. дальше »
2020-8-13 13:00 | |
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Santiment Predicts More Pain for Bitcoin as Active Addresses Plunge
Santiment cautioned Bitcoin bulls about the cryptocurrency’s downside prospects in its latest on-chain analysis. The crypto-focused sentimental analysis platform highlighted a steep decline in the number of daily active addresses (DAA) on the Bitcoin network. дальше »
2020-8-12 10:57 | |
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Tron (TRX) Forms Textbook Bear Signal Despite Rally in the Altcoin Market
Tron (TRX) has been a sleeper cryptocurrency over the past few weeks. While it has rallied like many other digital assets like Bitcoin and Ethereum, TRX has not been focused on by many analysts. According to the Tom Demark Sequential, the popular altcoin is on the verge of reversing to the downside after a multi-day rally. дальше »
2020-8-11 04:00 | |
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Technicals Suggest Chainlink (LINK) Could Surge Further Above $15
Chainlink (LINK) rallied close to $14. 500 before starting a downside correction against the US Dollar. It is currently holding the $12. 500 and it seems to be aligning for more gains above $15. 000. дальше »
2020-8-10 10:48 | |
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XRP is About to See Massive Volatility; Will It Favor Bears?
XRP has been consolidating alongside Bitcoin and Ethereum throughout the past week This has caused it to hover around $0.30 throughout the past several days Although this level was previously strong support, the buying pressure here is showing some signs of degrading as XRP dips below it It may now be prone to seeing further downside as a result of this One analyst is pointing to the formation of a massive pennant as a sign […] дальше »
2020-8-9 22:00 | |
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Ethereum is Showing Early Signs of Weakness; Is the Top in?
Ethereum, like Bitcoin, is facing a bout of consolidation as it trades below its crucial near-term resistance This level has held strong throughout the past several days, and each attempt to break above $400 has been met with an influx of selling pressure One result of this consolidation phase has been the emergence of multiple bearish signals that all point to imminent downside Analysts believe that unless ETH gains ground against BTC, it could be […] дальше »
2020-8-8 23:00 | |
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Bitcoin is Facing “Serious” Bearish Divergences as Analysts Eye Downside
The strong momentum Bitcoin has incurred in recent weeks is now showing some signs of stalling as it struggles to break above $12,000 This signals that the resistance at this level may be insurmountable, and may also be a sign of weakness amongst bulls Analysts are now noting that it has led to a surge in bearish divergences that seem to suggest a retrace is imminent BTC now has multiple key support levels throughout the […] дальше »
2020-8-8 21:00 | |
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Analyst Expects Pain for Litecoin as It Paints “Bearish Engulfing Candle”
Litecoin (LTC) has surged 42 percent in a three-week winning streak. But the rally showed signs of exhaustion upon testing a “huge falling resistance” for a breakout. LTC printed a so-called “bearish engulfing candle,” which, according to financial analyst Vince Prince, spells downside risks for the cryptocurrency. дальше »
2020-8-7 16:00 | |
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This Newly Formed Structure Could Cause Bitcoin to See Major Losses
Bitcoin and the aggregated cryptocurrency market are currently in a precarious position following the series of strong rejections seen yesterday evening The selling pressure incurred as a result of these rejections has not yet been enough to force BTC or other assets below their crucial support levels That being said, analysts are growing increasingly cautious on BTC’s near-term outlook One trader explained that a recently emerged technical pattern seems to indicate downside is imminent It […] дальше »
2020-8-5 02:00 | |
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Why Analysts Expect Ethereum to See Further Downside Following Intense Selloff
Ethereum witnessed some intense overnight volatility that caused its price to slide as low as $300 This intense selling pressure came about in tandem with that witnessed by Bitcoin – which caused its price to slide down to lows of $11,000 Analysts are now noting that ETH may be positioned to see further downside due to the strength of this movement Although it has found some support and stability within the mid-$300 region, weakness against […] дальше »
2020-8-3 22:00 | |
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Technicals Suggest Bitcoin Could Correct To $10,700 Before Fresh Increase
Bitcoin is struggling to gain momentum above the $11,200 level against the US Dollar. BTC is currently correcting lower and it could test $10,700 before a fresh increase. Bitcoin is showing signs of a downside correction below the $11,200 level. дальше »
2020-7-29 06:58 | |
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JP Morgan’s Latest Gold Warning Puts Bitcoin At Risk of Dipping Below $10K
Bitcoin retreated by more than 2. 5 percent in the early London trading session on profit-taking sentiment. The plunge almost mirrored a similar downside move in spot gold as the precious metal corrected lower shortly after coming at a striking distance of $2,000 an ounce. дальше »
2020-7-28 14:00 | |
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Ethereum Correcting Gains But 100 SMA Could Trigger Fresh Increase
Ethereum started a downside correction from the $335 swing high against the US Dollar. ETH price is currently approaching a major support zone near $305 and the 100 hourly SMA. Ethereum is losing bullish momentum and it is now trading below $320. дальше »
2020-7-28 11:43 | |
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Bitcoin Bullish Structure is Breaking, Analysts Explain Why
Bitcoin declined during the Friday trading session after establishing its weekly top at $9,686. The downside correction appeared on rising profit-taking sentiment near $9,700, a historically strong resistance level. дальше »
2020-7-24 14:00 | |
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LINK Between NEXO & Zeus Capital, Social Volumes Hit New Highs After the ‘FUD’
Crypto lending platform Nexo finance has been accused of trying to short Chainlink (LINK) that has been making a new high every other day last week. A few days back, a report by Zeus Capital titled “The Chainlink fraud exposed,” called it “crypto’s Wirecard,” and for a 99% downside potential. The report, which had no […] дальше »
2020-7-20 16:41 | |
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Ethereum is Coiling Up for a Big Move; Why Analysts Expect Downside
Ethereum, much like Bitcoin, has been caught within the throes of an intense bout of sideways trading This has caused the cryptocurrency to largely hover around the lower boundary of its multi-month trading range, being unable to gain any clear and decisive trend in either direction Although many major digital assets have been able to kick off firm uptrends, ETH hasn’t been so lucky Analysts are now noting that Ethereum may be well-positioned to see […] дальше »
2020-7-20 22:00 | |
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This Technical Pattern Suggests Bitcoin Will Plunge Over 30% in Coming Weeks
Bitcoin appears to be in a somewhat precarious position, as a few technical factors are currently suggesting that it may soon see some notable near-term downside. One such technical factor suggesting that the crypto is poised to see notable near-term downside can be seen while looking towards a fractal pattern it has been developing over […] дальше »
2020-7-19 04:00 | |
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Ethereum‘s Record High Correlation With Bitcoin Could Lead to Major Losses
Ethereum has formed a record-high correlation with Bitcoin over the past couple of weeks This comes as ETH’s movements start aligning with those seen by BTC in a way that hasn’t been seen before If this correlation persists, the cryptocurrency’s next trend could largely depend on that of BTC That being said, this could suggest that Ethereum is poised to see some notable near-term losses, as analysts widely believe Bitcoin is positioned to see some major downside […] дальше »
2020-7-19 22:00 | |
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This Technical Pattern Could Send Ethereum to New Yearly Highs
Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks. This has made it exposed to some near-term downside, as BTC is currently sitting just a hair above the lower boundary of its long-held trading range between $9,000 and $10,000. дальше »
2020-7-18 00:00 | |
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This Technical Structure Signals Bitcoin is Coiling Up for a Major Downside Break
Bitcoin does not appear to be in a good position at the present moment Bears are currently attempting to push it below its long-held support at $9,000 This comes just a week after the crypto posted two consecutive rejections at $9,400 Its inability to push higher coupled with mounting selling pressure suggests downside could be imminent Analysts concur with this notion, with one pointing to a technical structure as a reason why he is anticipating […] дальше »
2020-7-17 02:00 | |
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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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Chainlink (LINK) Surges 12%: Price Action Indicate Fresh High Above $9
Chainlink (LINK) found support near $7. 000 after a sharp downside correction against the US Dollar. It is climbing again and it seems like the bulls are aiming a fresh high above $8. 500 and $9. 000. дальше »
2020-7-15 08:48 | |
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Bitcoin Topside Bias Vulnerable Unless It Surges Past $9,300
Bitcoin extended its decline and spiked towards $9,100 against the US Dollar. BTC is currently recovering, but it must gain strength above $9,300 for a sustained upward move. Bitcoin spiked to the downside and traded to a new weekly low at $9,096. дальше »
2020-7-15 06:58 | |
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Bitcoin is Flashing Signs of Weakness as It Trades Below Crucial Level
After another failed breakout attempt, Bitcoin is once again hovering just above its crucial $9,200 support The entire crypto market is currently expressing some signs of weakness This weakness may be rooted in BTC’s decline beneath what one analyst is describing as a crucial level He notes that a daily close beneath $9,230 would make a compelling case that further downside is imminent This comes as multiple technical indicators all point to an imminent surge […] дальше »
2020-7-15 02:00 | |
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Investing in Bitcoin might mean increased downside risk
Bitcoin's dramatic fall in the month of March elated many who were critical of the king coin's store-of-value and safe-haven characteristics. In fact, a recent paper highlighted the same, while also sThe post Investing in Bitcoin might mean increased downside risk appeared first on AMBCrypto. дальше »
2020-7-14 23:01 | |
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Here’s the Crucial Level Ethereum Needs to Break to Avoid Cratering Lower
Ethereum has been moving in close tandem with Bitcoin over the past couple of days This has made it exposed to seeing intense downside, and it is now stuck beneath the $240 region ETH is now at risk of setting lower lows according to one analyst, but there is a way bulls can stop this from happening The trader noted that $242 is a key high time frame level that bulls must flip before tomorrow’s weekly […] дальше »
2020-7-12 22:00 | |
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Bitcoin Set Another “Lower High” as Analysts Eye a Sub-$9,000 Move
Bitcoin faced a grim rejection at $9,500 earlier this week that has caused its price to flash some notable signs of weakness. This rejection has now caused the crypto to set another “lower high” – further bolstering the bear case and causing BTC to be prone to seeing further near-term downside. One analyst is now […] дальше »
2020-7-11 19:00 | |
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Wall Street “Fear” Indicator Puts Bitcoin Under Extreme Downside Risks
Bitcoin has rallied by more than 150 percent from its mid-March nadir, but its growing exposure to a similarly booming US stock market remains worrisome. The cryptocurrency risks paring a portion of its recent gains as macro analysts warn about a downside move in the S&P 500 ahead. дальше »
2020-7-9 11:53 | |
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Technicals Suggest Bitcoin Likely To Target Fresh Monthly High Above $9,400
Bitcoin traded as high as $9,377 before starting a downside correction against the US Dollar. BTC is currently up holding the $9,200 support and it could continue to rise steadily. Bitcoin is trading in a positive zone above the $9,200 and $9,180 support levels. дальше »
2020-7-8 06:58 | |
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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 | |
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XRP Has Been Dropping All of 2020 — and Analysts Still Expect Downside
There was some hope earlier this year that this wasn’t going to be a bearish year for XRP. Ripple Labs, the fintech company that leverages the asset, saw a flurry of positive developments while altcoins as a whole outperformed. дальше »
2020-7-4 13:00 | |
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It’s “Do or Die” for Bitcoin After Being Rejected at a Crucial Technical Level
Bitcoin’s buyers attempted to spark a rally yesterday but were stopped short when it was rejected at $9,300 The crypto has since been trading directly beneath this level, struggling to garner any further buying pressure This resistance coincides closely with a critical technical level that buyers have been struggling to surmount It does appear that the crypto could be positioned to see further downside in the days ahead if buyers fail to break this resistance […] дальше »
2020-7-3 02:00 | |
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Analyst Expects Bitcoin Price to Break Below $8,500; Here’s Why
Bitcoin is maintaining its interim support level near $9,100, but an analyst expects the price to break bearish towards $8,500. The trader forecasted the downside move days after Bitcoin established a second-quarter top near $10,500 on June 1. дальше »
2020-7-1 16:00 | |
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Ethereum's price eyes potential short-term top
Over the past few weeks, Ethereum has undergone several major downside corrections. Along with its peer altcoins, Ethereum too noted a rather flat month, with respect to price action. However, that haThe post Ethereum's price eyes potential short-term top appeared first on AMBCrypto. дальше »
2020-6-30 19:02 | |
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Bitcoin Risks Breaking $9K as JP Morgan Warns $170B Stock Market Sell-off
Bitcoin price risks breaking to the downside as strategists warn of a correction in the U. S. stocks. Analysts at JP Morgan & Chase predicted that pensions funds would most likely dump $170 billion worth of their equity positions at the end of the second quarter. дальше »
2020-7-1 16:13 | |
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Why This Analyst Sees Even More Downside For Bitcoin Price Before Any Real Recovery
We know Bitcoin is flat and trading sideways. Today, BTC had another leg down and rejection dropping to $9,200 on most exchanges, and basically giving away all the gains from June 22. The daily uptrend is still in play until the $9,170 level is lost, the last higher low. Buyers can still turn it around […] дальше »
2020-6-25 01:56 | |
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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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These 3 Simple Factors Have Caused Traders to Flip Bearish on Bitcoin
Bitcoin could be coiling up to make a massive bear-favoring movement in the days and weeks ahead. This weakness could mark a resolution to the multi-week trading range that it has been caught within, potentially causing investors to see intense losses in the weeks ahead as some analysts set downside targets within the $7,000 region. […] дальше »
2020-6-22 04:00 | |
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Coin swap may increase Bitcoin's privacy, but here's the downside
Bitcoin has come a long way since its inception. While there are concerns regarding Bitcoin having strayed away from its original ideals, in comparison to traditional forms of finance, cryptocurrencieThe post Coin swap may increase Bitcoin's privacy, but here's the downside appeared first on AMBCrypto. дальше »
2020-6-22 20:00 | |
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Bitcoin to Correct Throughout Summer Months as Analysts Eye Major Downside
Bitcoin’s consolidation phase has persisted, with the cryptocurrency continuing to trade sideways as it hovers around $9,360 The cryptocurrency has struggled to garner any notable momentum, showing some signs of weakness as it continues trading around the lower boundary of its range It does appear that it could be poised to see further near-term weakness due to it forming a weak technical structure This could spark a correction that causes it to decline throughout the […] дальше »
2020-6-22 19:00 | |
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As the Stock Market Runs Out Of Steam, Is Bitcoin At Risk Of Seeing Major Downside?
No one likes to think that Bitcoin and the crypto market are related to the global stock market but reality seems to be different. When the pandemic was in full force around March, the entire global stock market plummeted and Bitcoin wasn’t different. дальше »
2020-6-20 23:30 | |
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There’s a 77% Chance Bitcoin Rallies Out of Its Range: Historical Analysis
The biggest question on the minds of Bitcoin investors is if the range the cryptocurrency has been stuck in will break to the upside or downside. For almost two months now, the leading cryptocurrency has traded within a tight $1,000-2,000 range below the crucial $10,500 resistance. дальше »
2020-6-18 13:00 | |
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Litecoin, Tezos, Dash Price Analysis: 17 June
Many downside corrections later, at the time of writing, it seemed that Bitcoin was noting a minor uptick in its price, a development that not only saw the king coin retrace its steps closer to the $9The post Litecoin, Tezos, Dash Price Analysis: 17 June appeared first on AMBCrypto. дальше »
2020-6-17 13:00 | |
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Bitcoin Daily Chart Points A Crucial Breakout Setup With Resistance At $10,000
Bitcoin is trading well above key supports on the daily chart against the US Dollar. BTC seems to be preparing for a crucial bullish breakout above the $10,000 resistance zone. Bitcoin traded as high as $10,390 before it started a minor downside correction. дальше »
2020-6-17 06:58 | |
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Bitcoin Avoids Forming a Death Cross; Instead Confirms Bullish Triangle Pattern
Bitcoin’s sharp decline seen yesterday put it in peril of losing its macro technical strength and seeing even further downside The cryptocurrency has been able to largely invalidate this weakness, as it is now pushing up towards its previous consolidation channel Its strong reaction to its recent lows allowed it to narrowly avoid forming a so-called “death cross” on its cloud indicator It also confirmed the existence of a bull-favoring ascending triangle that could fuel […] дальше »
2020-6-17 02:00 | |
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