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Bitcoin News Roundup for July 31, 2020
With the dollar dropping to its lowest level since May 2018 and a reshuffle in Japan's central bank, CoinDesk's Markets Daily is back. дальше »
2020-8-1 19:00 | |
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Ampleforth (AMPL) Freefalls After Breaking Below $1; Will it Continue Dropping?
Ampleforth is currently caught in the throes of an intense downtrend that has caused it to decline significantly This comes as its economic structure begins having adverse impacts on its price action Analysts are widely noting that this sort of price decline is essentially by design, due to its elastic circulating supply Despite being designed to trade around $1 – a level that it has since broken below – it may not see a sharp […] дальше »
2020-7-31 23:00 | |
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Here’s the Critical Level Bitcoin Needs to Hold Above to Maintain Its Momentum
Bitcoin has shown some slight signs of weakness today as its bull struggle to keep it above $11,000 It is important to note that today’s price action hasn’t done much to alter its market structure, although a continued bout of trading beneath this level could be a grave sign Analysts are now noting that the crypto remains in firm bull territory so long as it continues trading above $10,800 For its recent uptrend to extend […] дальше »
2020-7-31 21:00 | |
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Ethereum On-Chain Metrics Suggest ETH is Still Undervalued
As Ethereum reaches its five year birthday, on-chain metrics have never been stronger. The recent price rally is also good news for those that have been buying ETH over the past year or so. Ethereum prices are at their highest level for over a year, but looking at the longer-term picture shows that ETH could […] The post Ethereum On-Chain Metrics Suggest ETH is Still Undervalued appeared first on BeInCrypto. дальше »
2020-7-30 17:05 | |
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Bitcoiners Are HODLing Hard As BTC’s ‘HODL Wave’ Hits All-Time High
With Bitcoin reaching $11,000 for the first time in almost a year, a lot of predictions are pointing towards a more bullish growth. This, despite data revealing extreme pressure at that price level. дальше »
2020-7-30 16:02 | |
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Ethereum Classic (ETC) Aiming to Break Above Long-Term Resistance
The Ethereum Classic (ETC) price is currently making its third attempt at breaking out above a minor resistance level. Long-term indicators are bullish, suggesting that the price will eventually be successful in breaking out. дальше »
2020-7-30 13:30 | |
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Binance Coin (BNB) Failed Breakout Leads to Re-Test of Old Support
At the beginning of July, Binance Coin (BNB) broke out above a long-term resistance area, signifying that it had begun an upward movement. However, the price fell back below the breakout level on July 27 and is currently back inside its previous range. дальше »
2020-7-30 11:06 | |
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Bitcoin Showing Early Signs of Struggle: Can Bulls Save The Day?
Bitcoin is struggling to stay above the $11,200 resistance level against the US Dollar. BTC is currently correcting lower and it could continue to move down towards $10,700. Bitcoin is slowly moving lower after forming an intraday high near the $11,349 level. дальше »
2020-7-30 06:58 | |
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Trader: Bitcoin Could Be Forming a Massive “Bull Trap” as Bearish Signs Emerge
Bitcoin is currently flashing overt signs of strength as it consolidates above $11,000 Bears attempted to catalyze a selloff yesterday, but the previous resistance at $10,500 now has flipped into a strong support level Analysts are widely noting that the cryptocurrency is positioned to see further upside However, one trader is cautioning against premature euphoria He notes that there are a few signals that indicate this movement could be a massive “bull trap” that ends […] дальше »
2020-7-30 02:00 | |
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After Breaking Out, Stellar (XLM) Fails to Sustain Higher Prices
At the beginning of July, the Stellar (XLM) price broke out from a long-term resistance area. However, the price could not sustain the rally and has since fallen back below the breakout level. Unless XLM can successfully reclaim this level, it’s outlook remains bearish. дальше »
2020-7-30 22:34 | |
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Ripple’s XRP Reclaims Third Spot From Tether Following Monster Surge
The price of XRP, the native cryptocurrency of Ripple’s network appreciated significantly over the last 24-hour trading cycle to reach $0. 24 a coin — the highest level since March. XRP’s rally comes at a time when other cryptocurrencies are rallying amidst a market resurgence. дальше »
2020-7-29 20:21 | |
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Bitcoin Attacks Range Highs as Analysts Target Move to $12,000+
Bitcoin has now entered a consolidation phase as it hovers above the $11,000 level. Buyers’ ability to establish this price level as support appears to be an overtly bullish sign for the benchmark digital asset. дальше »
2020-7-30 19:00 | |
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Bitcoin Is Still Retail Bound But Institutions Starting to Move in Thanks to ‘Liquidity Pump’
Bitcoin is having a fantastic week, breaching the psychologically important $10,000 level, hitting a new 2020 high, and now trading above $11,000. This uptrend has the market turning extremely greedy but is backed by strong volume. дальше »
2020-7-29 18:13 | |
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XRP Breaks Right Through Long-Term Resistance
On July 28, the XRP (XRP) price broke out from a long-term resistance area that had previously been in place since March 2019. As long as the price is trading above this level, the trend is bullish, with XRP likely to move towards the next resistance area outlined below. дальше »
2020-7-30 18:01 | |
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Bitcoin Cash Rally Reaches $300 and Technicals Indicate Further Upsides
Bitcoin cash price rallied over 8% and it broke the $250 and $260 resistance levels against the US Dollar. BCH is likely to continue higher above the $300 barrier. Bitcoin cash price is gaining momentum above the $260 pivot level against the US Dollar. дальше »
2020-7-29 10:58 | |
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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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One Crucial Factor Suggests Bitcoin‘s Intense Uptrend is About to Slow Down
Bitcoin and the entire crypto market are currently consolidating following the immense volatility seen throughout the past couple of days BTC bulls are currently attempting to establish $11,000 as a support level, although they appear to be struggling as the crypto hovers beneath this level The benchmark cryptocurrency also is flashing a few warning signs, including incredibly high funding rates across major trading platforms This has led one analyst to note that BTC needs some […] дальше »
2020-7-29 02:00 | |
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Analysts Now Expect XRP to See a “Moonshot” Rally After Breaking Crucial Level
XRP’s price has seen some slight gains in recent times but is still lagging behind many of its peers. While Bitcoin, Ethereum, and many altcoins all post intense upswings that have led them into full-fledged bull market territory, XRP remains stuck within the lower-$0. дальше »
2020-7-29 00:00 | |
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Driving Smart Contract Adoption through Fungible and Non-Fungible Tokens
Smart contract platforms are often touted as the catalysts that will catapult the blockchain economy to the next level, and it is hard to argue otherwise as they can be utilized to perform myriad tasks in a secure, transparent, and cost-effective manner. дальше »
2020-7-29 21:00 | |
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Analyst Who Forecasted Latest Bitcoin Rally Now Predicts Move to $18,000
Bitcoin’s price has found some notable stability in the time following its intense rally past $11,000 seen yesterday Although the cryptocurrency has not yet retraced following this incredible movement, it does appear to be facing some resistance above its current price levels BTC is now establishing the $11,000 level as support, which is a highly bullish sign – according to analysts One prominent trader who forecasted this latest movement is now noting that the crypto […] дальше »
2020-7-29 21:00 | |
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Crypto Market is ‘Extremely Greedy’ for the First Time in 2020
Before bitcoin started up-trending last week, its volatility fell below 25%, a level rarely seen in BTC’s history, which had the market expecting a big move. Coin Metrics notes, “Prolonged periods of low levels of volatility encourage market participants to take on greater position sizes, engage in increased leverage, set tighter stops, and reduce the […] дальше »
2020-7-28 20:18 | |
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This Key Metric Suggests Bitcoin‘s Rally is Just Getting Started
Bitcoin’s intense rally throughout the past couple of days has allowed it to fly past multiple crucial resistance levels. Bulls are now attempting to form the $11,000 price level into a strong base of support, but the selling pressure here appears to be ramping up. дальше »
2020-7-29 19:00 | |
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Bitcoin Now Evolving into a True Digital Gold, Shedding its Risky Asset Status
It was last week that bitcoin stirred and this week, it is simply flying. Over the weekend, we broke above the key psychological level $10,000 and extended these gains on Monday by breaking into a new 2020 high, crossing even $11,400 mark. дальше »
2020-7-28 18:11 | |
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Crypto Fear and Greed Index Turns to Extreme Greed, Is Now The Time to Sell?
Some analysts renewed their expectations of a crypto bull run following Bitcoin’s 11% gains yesterday. Resistance at the $10. 5k level has proven difficult to break, having been rejected there on several previous occasions. дальше »
2020-7-29 15:30 | |
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Bitcoin Price Finally Snaps Multi-Year Downtrend, but Is $20K Now Possible?
Bitcoin price set a new 2020 high after the price surged through the multi-year resistance level at 10,500.
дальше »2020-7-27 21:16 | |
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Bitcoin Price Pierces the Ultimate $10,500 Level: Will Bulls Manage to Hold?
Just minutes ago, Bitcoin pierced the crucial $10,500 level for the first time since rallies earlier this year. The level is of utmost importance for BTC bulls as previous bull trends ended at $10,500. дальше »
2020-7-28 19:56 | |
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Bitcoin Finally Bursts Above $10,000 But Still Needs to Break this Key Level to End the Bear Case
To mark the end of the week, Bitcoin jumped 5.6% to climb to $10,250 on Bitstamp. The last time we were on this level was on June 1st. However, unlike the last two times when BTC hit $10k, an increase in Bitcoin Coin Days Destroyed isn’t recorded this time. This metric gives weight to coins […] дальше »
2020-7-27 15:21 | |
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Ethereum Smashes $325: Price & Time Indicate Rally To $350
Ethereum is up over 8% and it broke the $325 resistance zone against the US Dollar. ETH price tested the $330 level and it is likely to continue higher towards $350. Ethereum is surging and it is now trading well above the $300 handle. дальше »
2020-7-27 08:28 | |
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Here’s Why Bitcoin is Poised to Hit $11,500 Following Overnight Rally
Bitcoin and the entire cryptocurrency market witnessed an intense upswing overnight, with BTC and Ethereum outshining altcoins for the first time in many weeks This sharp upwards movement came about suddenly, and for a brief moment allowed Bitcoin to shatter the resistance it previously faced at $10,000 The selling pressure above this level was heavy, however, and caused the cryptocurrency’s price to decline after it hit highs of $10,200 Despite the rejection here, analysts are […] дальше »
2020-7-27 19:00 | |
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Bitcoin Breaking Out is the Last Catalyst, Altcoins Setting for a Massive Bull Run
The leading cryptocurrency is enjoying the greens this week, trading around $9,900, a level was last seen in early June when it ran up to $10,000. This uptrend came after weeks of price consolidation, during which altcoins rallied strongly, post halving just like bitcoin behaved in the past after halvings. “History is repeating itself.” The […] дальше »
2020-7-26 16:40 | |
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Ethereum Soars To $310: Technicals Suggest Uptrend Isn’t Over Yet
Ethereum followed a strong uptrend above $250 and $270 against the US Dollar. ETH price surged above the $300 level and it is currently consolidating gains. ETH price gained more than 20% in the past few days and it surpassed $300 against the US Dollar. дальше »
2020-7-26 09:08 | |
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Ethereum Price Rally to $370 Depends on Bitcoin’s Upcoming Weekly Close
Bitcoin’s rally to $9,700 brings the asset to a key resistance level, meanwhile Ethereum rallied above $300 to a new 2020 high.
дальше »2020-7-26 06:15 | |
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XRP Is Surging But Not Everyone Is Convinced a Bull Run Is Certain
Following the footsteps of Ethereum, XRP has surged higher over the past 24 hours. The asset has decisively crossed above $0. 20, which has long been a key resistance level for the asset. The asset is now trading for $0. дальше »
2020-7-26 04:00 | |
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Here’s the Level Bitcoin Needs to Break to See a “Textbook Swing” to $10,500
Bitcoin’s price action in the time following its break above its multi-week trading range between $9,100 and $9,300 has been quite positive. The cryptocurrency is now starting to stabilize around $9,600, and buyers are slowly pushing through the key resistance levels that have been suppressing its price action. дальше »
2020-7-26 21:00 | |
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With $10K Near, Is Bitcoin Price Ready for a Big Breakout Next Week?
The price of Bitcoin is showing strength as it broke through a key level this week and putting $10,000 within reach once again.
дальше »2020-7-26 19:34 | |
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Decentralized Finance (DeFi) is Reminiscent of Bitcoin in 2013: Coinbase Report
As we talked about the curious case of YFI, a governance token launched with zero supply and zero value, it is quickly becoming a favorite among the crypto market. In less than a week, this valueless token has flown to the highest level of $4,660 today. дальше »
2020-7-25 18:21 | |
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Here’s the Crucial Level That Could Spark an Ethereum Rally to $1,000
Ethereum is currently in the process of consolidating following its immense uptrend seen throughout the past couple of days. The cryptocurrency is showing some signs of strength as it trades within the $270 region. дальше »
2020-7-25 00:00 | |
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After Breaking Out, Tomochain (TOMO) Aims For 15,500 Satoshis
The Tomochain (TOMO) price has been increasing since late February. The trend accelerated at the beginning of June and broke out from an important resistance area in July. As long as the price is trading above this level, the long-term trend is bullish. дальше »
2020-7-24 21:12 | |
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Here’s How Low Bitcoin May Drop Before It Can Rally Even Higher
To the surprise of some investors, Bitcoin has been able to find some relative stability above $9,500 The cryptocurrency has now been trading above this level for over a day, and bears have not been able to catalyze any type of sharp selloff It now appears that BTC may need to see a pullback before it can push any higher, as buyers seem to be losing their momentum One analyst is closely watching one crucial […] дальше »
2020-7-25 21:00 | |
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Bitcoin Futures OI Surpasses $4 Billion, BitMEX Regains its Dominance While Bakkt is A Ghost Town
The Bitcoin market is back to seeing some action. As the price of the BTC moves, so does the volume and open interest. Open interest for bitcoin futures on crypto derivatives exchange BitMEX has yet again exceeded $1 billion, back to the pre-March crash level. дальше »
2020-7-24 19:58 | |
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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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Technicals Point Towards Bitcoin Surge To $10K Despite Some Roadblocks
Bitcoin extended its rise above the $9,600 resistance level against the US Dollar. BTC is currently correcting gains, but it is likely to continue higher as long as it is above $9,500. Bitcoin traded further higher above $9,600 and formed a new weekly high at $9,676. дальше »
2020-7-24 06:48 | |
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Crypto Race Heats Up: Bitcoin’s Dominance Ratio Drops to Lowest Level in 12 Months
The largest digital asset by market capitalization, bitcoin has lost a significant share of market dominance during the last few weeks. Bitcoin’s dominance ratio dropped to 61. 5% on Thursday, after hovering around 66% for months on end. дальше »
2020-7-24 01:30 | |
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DOGE Reaches Support, Could Soon Resume Its Upward Movement
The Dogecoin (DOGE) price has been retracing after a rapid breakout on July 6. It has reached a likely reversal level and could continue its upward trend in the near future. Retracement After the Breakout On July 6, the DOGE price initiated a rapid upward move that caused it to break out from a descending […] The post DOGE Reaches Support, Could Soon Resume Its Upward Movement appeared first on BeInCrypto. дальше »
2020-7-24 23:16 | |
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