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Analysts are Cautious of the Crypto Market’s Latest Push Higher; Factors to Consider

The aggregated crypto market saw a sharp rise today fueled by widespread liquidations of short positions This movement came about following an extended period of sideways trading within the upper-$8,000 region Analysts are cautious about the market-wide trend shift, as some are noting that there are a few factors that signal it will be followed by a sharp retrace Bitcoin led the entire crypto market to rally higher overnight, with a continued defense of $8,800 […] дальше »

2020-5-28 02:00


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Bitcoin’s Move Past $9,000 Leaves Wake of Destruction; Liquidates $20m in Shorts

Bitcoin saw a sharp rise overnight that allowed it to firmly surmount the $9,000 region This upwards movement liquidated nearly $20 million in short positions, with buyers now attempting liquidate even more shorts in an attempt to fuel an uptrend The crypto has been rejected within the $9,200 region, however, which could halt its short-term uptrend Analysts are now also noting that heavy resistance just above Bitcoin’s current price level could be enough to fuel […] дальше »

2020-5-28 23:00


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Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900

Following an extended bout of sideways trading within the $9,000 region, Bitcoin has now firmly broke below this range as it trades around $8,800 Although the crypto has ardently defended its near-term support, its technical outlook does appear to be rapidly degrading Some analysts are even noting that its latest breakdown has opened the gates for it to see a movement that leads it as low as $5,900 in the weeks and months ahead Bitcoin […] дальше »

2020-5-26 02:00


Active Ethereum Wallet Count Has Grown 350% Since 2018; What This Indicates

Ethereum’s price action has been incredibly week in the time following its parabolic movement to highs of $290 in February. It appears that there has been a divergence between the cryptocurrency’s technical outlook and fundamental strength, however, as a key data metric suggests that ETH has built immense underlying strength over the past couple of... дальше »

2020-5-26 00:00


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XRP Could Soon Trap Bulls; Here’s How Low Traders Think It Could Decline

XRP, like most other altcoins, has been caught within a bout of sideways trading throughout the past several days and weeks The cryptocurrency’s rangebound trading may not last long, however, as analysts are now noting that it could be poised to see some major downside in the days and weeks ahead Its next notable decline could be sparked by a bull trapping movement higher Some analysts are even pointing to a fractal that suggests new […] дальше »

2020-5-24 22:00


It’s Decision Time for Bitcoin: These are the Price Levels Analysts are Targeting

Bitcoin has been firmly caught within a bout of consolidation over the past few days, largely hovering within the lower $9,000 region It appears that it is decision time for the cryptocurrency, as how its ongoing period of sideways trading resolves could set the tone for where it trends in the weeks ahead This next movement could be quite drastic, as some analysts are noting that it could result in a $1,000+ candle Bitcoin has […] дальше »

2020-5-24 19:00


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OMG Increases Substantially After Coinbase Listing

The OmiseGO price has been increasing since May 8, having done so by 205%. The rate of increase greatly accelerated on May 15, and the movement has become parabolic since. It is possible that the reason for this accelerated increase was the listing on Coinbase, as evidenced by @Lawmaster, who stated that the coin has […] The post OMG Increases Substantially After Coinbase Listing appeared first on BeInCrypto. дальше »

2020-5-23 21:20


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This Fractal Pattern Puts XRP at Grave Risk of Seeing Massive Downside

XRP has been largely hovering around the $0.20 region in recent times, failing to garner any decisive momentum as the aggregated market stalls The crypto’s lack of growth in recent times has led it to surrender its spot as the third largest digital asset to stablecoin Tether (USDT) One analyst is now pointing to a grim fractal pattern that shows the cryptocurrency could be at grave risk of seeing a massive downside movement in the […] дальше »

2020-5-22 23:00


Bitcoin's on-chain metrics have started to drop and it shouldn't be surprising

Over a week has passed since Bitcoin underwent its third halving, and besides an immediate post-halving pump, there hasn't been any significant movement noted by Bitcoin. While significant consolidThe post Bitcoin's on-chain metrics have started to drop and it shouldn't be surprising appeared first on AMBCrypto. дальше »

2020-5-19 12:40


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California Giant Berry Farms Deploys Blockchain for Increased Supply Chain Transparency

Leading California-based fresh produce firm – California Giant Berry Farms – is using the Glasschain blockchain platform to track the movement of its berries along the supply chain. Notably, California Giant is also blockchain compliant with the IBM Food Trust allowing all points of the firm’s berry supply chain to access data at all times,Read MoreRead More. дальше »

2020-5-19 13:07


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What Does XRP’s Breakdown Indicate for the Future Movement?

In the beginning of May, both the XRP/USD and XRP/BTC pairs broke down from important support levels, possibly indicating that the previous upward trend has ended. While the XRP/BTC price had been previously showing signs of weakness, the XRP/USD decrease was more unexpected, possibly occurring as a result of the decrease in the price of […] The post What Does XRP’s Breakdown Indicate for the Future Movement? appeared first on BeInCrypto. дальше »

2020-5-13 07:20


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These Simple Factors Suggest Bitcoin Could See a Sharp and Swift Recovery

Bitcoin saw a sharp and unexpected decline yesterday evening that led the crypto to shed over $20 billion from its market cap This decline came close on the heels of the multiple rejections that BTC has witnessed around the $10,000 region Despite the overt bearishness of this movement, analysts are noting that there are still some simple reasons why the cryptocurrency could see a swift recovery Bitcoin’s sharp overnight plunge led it to decline to […] дальше »

2020-5-10 19:00


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Bitcoin Confirms Elusive “Golden Cross” Pattern as Large Buyers Step Up

Bitcoin saw an overnight decline that has caused it to further extend the bout of consolidation that it has been caught within in the time following its sharp rise to $10,000 This latest movement seems to suggest that there is in fact heavy resistance within the lower-$10,000 region Although its inability to gain a solid foothold within this region does seem to be overtly bearish, the crypto was able to form an elusive “golden cross” […] дальше »

2020-5-10 19:00


This Bitcoin Open Interest Trend Signals that There is Massive Room to Rally

Bitcoin is once again attempting to establish a firm foothold within the five-figure price region following the slight rejection it saw overnight The cryptocurrency’s current upwards momentum is showing major signs of being far more sustainable than that seen during previous months and years One economist is now noting that the lack of leverage seen during this movement signals BTC has further room to run Bitcoin is once again attempting to establish a firm footing […] дальше »

2020-5-9 02:00


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Crypto Price Analysis May 6: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK

On May 6, the Bitcoin price finally broke out from the resistance line it had been following over the past week. This could be a sign that the BTC price is ready to move towards new highs. In this article, we will take a look at the Bitcoin price movement, along with nine other cryptocurrencies, […] The post Crypto Price Analysis May 6: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK appeared first on BeInCrypto. дальше »

2020-5-7 01:37