Current Bitcoin Price Action Closely Follows Textbook Distribution Pattern

Bitcoin bulls are currently attempting to turn weekly resistance at $11,500 into support. However, failure may be likely according to an ominous pattern the cryptocurrency is painting. Recent price action in the first-ever cryptocurrency closely mimics that of a Wyckoff distribution model. дальше »

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Two Altcoins That Could Soon Begin Moving Upwards

The Komodo (KMD) price is trading near its all-time lows. Technical indicators suggest an eventual upward move is expected. While TROY (TROY) has broken out from a long-term resistance area, it has failed to sustain the higher price and has decreased back below it. дальше »

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Decred, Algorand, Ethereum Price Analysis: 29 August

At the time of writing, Ethereum was trading just beneath a level that could be pivotal for setting an uptrend. Failure to breach this resistance might consign Ethereum to testing lower ranges on the The post Decred, Algorand, Ethereum Price Analysis: 29 August appeared first on AMBCrypto. дальше »

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Price analysis 8/28: BTC, ETH, XRP, LINK, BCH, LTC, BSV, CRO, BNB, EOS

Bitcoin and altcoins are holding key support levels, suggesting bulls will try to break above overhead resistance levels soon.

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Polkadot (DOT) hits major resistance after rallying 200%

Sell-off pressure has seen DOT/USD price drop nearly 16% since touching a new high...

The post Polkadot (DOT) hits major resistance after rallying 200% appeared first on Coin Journal.

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Bitcoin Manages to Hang On Above $11,200

On Aug 27, the Bitcoin (BTC) price moved upwards, retracing as a result of the decrease from the day prior. Unless Bitcoin can break out from the current resistance area and line, the price movement is considered bearish. дальше »

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Binance Coin (BNB) Gains 5%, Technicals Indicate Fresh Monthly High Above $24

Binance coin price is up over 5% and it broke the $23. 00 resistance against the USDT. BNB is likely to continue higher and it could even surpass $24. 00 and $25. 00. Binance coin price is gaining bullish momentum above the $22. дальше »

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Bitcoin Could Rally Above $11,500 As Double Bottom Pattern Emerges

Bitcoin price is forming a strong support and a possible double bottom near $11,140 against the US Dollar. BTC is likely to rally if it clears the $11,500 resistance. Bitcoin is showing a few positive signs above the $11,140 and $11,200 support levels. дальше »

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IOTA Falls After Failing to Sustain a Breakout

The IOTA price has made another unsuccessful attempt to break out above a yearlong resistance area. Until the price successfully does so, we cannot state that the trend is bullish. Unsuccessful Breakout Attempt Cryptocurrency trader @ACXtrades stated that he is waiting for a re-test of the breakout level at 3500 satoshis, giving a target of […] The post IOTA Falls After Failing to Sustain a Breakout appeared first on BeInCrypto. дальше »

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0x (ZRX) Aims to Maintain Bullish Momentum

The 0x (ZRX) price has broken out from a long-term resistance area and validated it as support. As long as it can manage to maintain prices above this level, the trend is considered bullish. ZRX Long-Term Breakout The ZRX price had been gradually increasing since matching its all-time low near 1,450 satoshis. дальше »

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Bitcoin Retraces But Fails to Close Above Resistance

On Aug 26, the Bitcoin (BTC) price moved upwards, retracing as a result of the decrease from the day prior. Based on several indicators, it looks like Bitcoin will be forced to drop back further. дальше »

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COMP Bounces at Important Support Level

The Compound (COMP) price has broken out from a descending resistance line and has created a bullish pattern. The price should continue moving upwards as long as it stays above $160. Breakout and Double Bottom The COMP price began an upward move on August 2, and on August 12, the price reached a high of […] The post COMP Bounces at Important Support Level appeared first on BeInCrypto. дальше »

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Bitcoin and Ethereum Crumble While Low-Cap Coins Take the Spotlight

Coinspeaker Bitcoin and Ethereum Crumble While Low-Cap Coins Take the SpotlightFollowing the rejection from the $12,500 resistance level on August 17th, Bitcoin has endured a downtrend that has seen it lose most of the gains incurred throughout the first half of the month. дальше »

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Ripple (XRP) Looks Ready to Rip Higher

The Ripple (XRP) price is trading inside a descending wedge, from which it is expected to break out. An eventual breakout above the current descending resistance line is also likely, though not in the short-term. дальше »

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Even After 350% Jump from March, Ethereum Still Faces a Key Resistance

Ethereum crashed as low as ~$85 during March’s capitulation drawdown, crushing the hopes of investors in the asset. But due to a recovery in the price of Bitcoin and in most global markets, ETH has surged higher. дальше »

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ICX Fails to Break Out Above Crucial Resistance Area

The Icon (ICX) price has made two unsuccessful attempts at moving above a long-term resistance level. Until it successfully breaks out above, the trend is bearish. Failure to Break Through Resistance The ICX price began an upward move in January 2020, creating four successive weekly bullish candlesticks in a row. дальше »

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Bitcoin’s ‘Bearish’ Like Gold; Falls Under $11,350 as Market Focuses on Fed Chair Speech

With ‘real’ volume relatively low at around $1. 6 billion, bitcoin has upper resistance at approximately $11,900 and an intraday threshold located at $11,630. “BTC still has the probability to test lower support at $11,200, in the short-term,” states OKEx. дальше »

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Bitcoin Dominance Rate (BTCD) Looks Primed to Bounce Back

The Bitcoin Dominance Rate (BTCD) has fallen below an important support level and validated it as resistance after. Other technical indicators suggest a reversal is near, which would likely be confirmed if it is able to reclaim the support. дальше »

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Ethereum Price Holds Strong at $400: Technicals Suggest It Could Outperform

Ethereum gained bullish momentum above the $400 resistance against the US Dollar. ETH price is currently consolidating above $400 and it is likely to climb above $410. Ethereum is following a positive path above the $398 and $400 support levels. дальше »

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Bitcoin Crossroads: Indicator Signals Short-Term Top, But Final Bullish Impulse Is Possible

Bitcoin price is up well over 60% year-to-date, and has recovered 200% from the Black Thursday low. The cryptocurrency broke free from downtrend resistance, and all signs point to a new uptrend well underway. дальше »

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These Two Altcoins Recently Achieved New All-Time Highs

The Cosmos (ATOM) price reached a new all-time high on Aug 23. The upward trend has yet to show any weakness. The Solana (SOL) price reached a new all-time high on Aug 13 and has broken out over a short-term descending resistance line. дальше »

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Analyst: Ethereum Likely to Plunge to $370 as It Reaches Key Resistance

Ethereum saw a sharp and sudden upswing yesterday that allowed it to post some notable gains The cryptocurrency has now resecured its position within the lower-$400 region, with bulls building major strength following the break above its key resistance level That being said, analysts are still noting that massive resistance that exists right around $408 may prove to be insurmountable in the near-term The selling pressure here may open the gates for ETH to see […] дальше »

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Tezos (XTZ) Fails to Sustain New All-Time High Levels

The Tezos (XTZ) price reached a new all-time high after breaking out over the previous high two weeks ago. XTZ was unable to sustain the higher prices and has fallen back below its previous resistance. дальше »

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Algorand (ALGO) Stays Bullish Treading Waters Above $0.60

The Algorand (ALGO) price has broken out from a long-term resistance level and validated it as support afterward. As long as the price is trading above it, the trend is considered bullish. Algorand (ALGO) The ALGO price has been increasing since reaching a bottom of $0. дальше »

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Here’s Why Bitcoin May Not Fall Much Lower Than $11,000: Analyst Explains

While Bitcoin has bounced from the local lows of $11,400, the asset remains below some crucial resistance levels. This has led some analysts to suggest that BTC is still poised to correct lower. Many analysts are eyeing $10,500, as that’s where the cryptocurrency truly began the rally $12,000. дальше »

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NEM (XEM) hits a new YTD high after 38% surge

NEM (XEM) price recently saw a major 38% jump after finally managing to breach a resistance level at $0. 08. The coin’s price approached this level once before, in February of this year, but it did not manage to even touch it. дальше »

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Dogecoin, Ethereum Classic, Bitcoin Cash Price Analysis: 24 August

Bitcoin Cash and Doge have spent August bouncing from support to resistance. At press time, both coins lacked momentum to force a big move up or down. The direction they are heading towards might be bThe post Dogecoin, Ethereum Classic, Bitcoin Cash Price Analysis: 24 August appeared first on AMBCrypto. дальше »

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Bitcoin Shooting Star Could Put an End to the Uptrend

During the week of Aug 17-24, the Bitcoin (BTC) price created a shooting star candlestick inside a long-term resistance area. This is a sign that the bullish trend might have come to an end. Bitcoin Weekly Outlook Bitcoin has been increasing at an accelerated rate since the week of July 20, creating four consecutive bullish […] The post Bitcoin Shooting Star Could Put an End to the Uptrend appeared first on BeInCrypto. дальше »

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Technicals Indicate Ripple (XRP) is About To See Lift-off To $0.30

Ripple started a steady recovery above the $0. 2800 level against the US Dollar. XRP price is likely to continue higher towards the $0. 2950 and $0. 3000 resistance levels. Ripple remained stable above $0. дальше »

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Bitcoin Hesitates, But Break Above 100 SMA Could Trigger A Sharp Rise

Bitcoin price is currently recovering and trading above $11,500 against the US Dollar. BTC is likely to accelerate higher once it clears the $11,700 resistance and the 100 hourly SMA. Bitcoin is showing a few positive signs and trading above the $11,500 level. дальше »

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Bitcoin Price Manipulators Watch Closely as BTC Loses Bullish Momentum

Bitcoin whales are watching as BTC loses momentum near a key resistance level. Is another flash crash in the making?

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Chainlink Rejected at Crucial Resistance; Here’s the Level Bulls Must Defend

Chainlink has been seeing some turbulent price action in recent weeks, with the cryptocurrency rallying as high as $20 before incurring a massive influx of selling pressure that eventually sent it reeling as low as $12. дальше »

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More Traders Flock To BTC Futures As Bitcoin Turns Bullish

Bitcoin surged to as high as $12,485 on Monday, breaking the crucial resistance within minutes. Although it dropped to $11,800 later, the $11,500 level is well-protected. Bitcoin’s gain in the past week is in tandem with the movement of gold, which once again stands above the $2,000 mark. дальше »

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Ethereum Price and Time: More Downsides Possible Before Fresh Increase

Ethereum is down over 15% from the $445 high against the US Dollar. ETH price could continue to move down, but the $360 support zone might act as a strong barrier for the bears. ETH price is trading in a bearish zone below the $400 and $410 resistance levels against the US Dollar. There is […] дальше »

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Bitcoin (BTC) drops after a new attempt at the $12k mark

Bitcoin (BTC) price spent nearly a month trying to breach a resistance level at $12,000. During all that time, it only managed to breach it once, briefly, earlier this week. However, this venture did not really go as planned, and speculators who foresaw the fall of this resistance as the start of a new bull run may be disappointed by the outcome. дальше »

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Stellar Attempts to Hold on Above $0.10 Support

The Stellar (XLM) price has broken out from a long-term resistance area and is trading inside a shorter-term range. Until the price breaks upwards or downwards from the latter, we cannot accurately determine the direction of the future movement. дальше »

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Basic Attention Token (BAT) Finally Breaks Out from Yearlong Resistance

After five unsuccessful attempts, Basic Attention Token (BAT)  has broken out from the long-term 3,000-satoshi resistance area. This is indicative that the price has likely begun a long-term upward trend. дальше »

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Ripple (XRP) Price is Primed For a Bullish Break And Only 1 Thing is Holding it Back

Ripple is holding a couple of important supports near $0. 2800 against the US Dollar. XRP price is currently testing a crucial resistance near $0. 2980, above which it could rally significantly. Ripple is trading above the $0. дальше »

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Ethereum Could Narrowly Avoid a Major Decline if it Closes Above One Key Level

Ethereum spiked below the $400 support before recovering higher against the US Dollar. ETH price must surpass the $420 resistance and the 100 hourly SMA to start a fresh increase. Ethereum is currently holding the $405 and $400 support levels. дальше »

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Bitcoin is Showing Early Signs of Fresh Surge, But 100 SMA is the Key

Bitcoin price is holding the $11,650 and $11,550 support levels against the US Dollar. BTC is currently recovering, but it must surpass the 100 hourly SMA to start a fresh surge. Bitcoin is still trading nicely above the $11,650 and $11,550 support levels, with positive signs. дальше »

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Here's why Bitcoin might benefit from the COVID-19 pandemic

After having remained below the $10k-mark for a long time, Bitcoin's price was able to overcome the resistance, before briefly surging past $12k recently. While Bitcoin did note a minor correction on The post Here's why Bitcoin might benefit from the COVID-19 pandemic appeared first on AMBCrypto. дальше »

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OMG Has More Left in the Tank After Tripling in Value

The OmiseGo (OMG) price has tripled in value during August. The trend has yet to show any weakness, so the price could increase towards the resistance levels outlined in the article. The movement is similar for both the USD and BTC pairs. дальше »

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These Two Altcoins are Aiming for a Strong Rebound

NOIA Network (NOIA) has been rapidly moving up but has generated some bearish divergence and could soon begin to correct. Cartesi (CTSI) has broken out from an important resistance level and validated it as support afterward. дальше »

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Bitcoin Continues Bleeding After Failed Breakout

The Bitcoin (BTC) price has been decreasing since Aug 17 and has fallen below the previous breakout level. Unless the level is reclaimed, the price movement is considered bearish. Bitcoin Trading Range On Aug 17, the Bitcoin price broke out from the $11,950 area, which had been acting as resistance since the Aug 2 high. дальше »

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ALGO Bounces at the $0.5 Support Level – Continuation Next?

The Algorand (ALGO) price has broken out from a long-term resistance level and validated it as support afterward. As long as the price is trading above this newly created support area, the price move is considered bullish. дальше »

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Forum Topics on First HashCon 2020 & New Infrastructure Mining Summit in China’s Chengdu Revealed

Bitcoin finally broke the resistance zone of $12,000, ETH transaction fees are also skyrocketing with the price of moving tokens around on the Ethereum blockchain continuing to balloon, China’s Sichuan has encouraged blockchain companies to help consume excessive hydroelectricity in the rainy season, Filecoin mining is in full swing now…… The excitement of making aRead MoreRead More. дальше »

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Ethereum Attempts Final Push Towards $500

The Ethereum (ETH) price has nearly reached an important long-term resistance level. While another upward move could take place, the upside potential seems limited relative to that of a correction. дальше »

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Why This Weekly Close In Bitcoin Is Critical For Bullish Continuation

Bitcoin price has been flying over the last few weeks, ever since the cryptocurrency broke free from its tight trading range and took out $10K resistance. Within days, the cryptocurrency found itself trading over $12,000, where it has failed to hold thus far. дальше »

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Mad Money: Will The Greenback Comeback Derail Bitcoin’s Rally?

Bitcoin price is experiencing one of the largest pullbacks yet since the asset broke up through resistance at $10,000. The explosive move, prompted in part by the collapse of the dollar, may be reversing just as the greenback readies its comeback against other currencies, gold, and crypto. дальше »

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Stock-To-Flow Creator Says The Bitcoin Bull Market Has Been Officially ‘Confirmed’ — Here’s Why

On Monday, Bitcoin posted a significant breakout. The top crypto climbed from $11,700 to a little over $12,400 in the space of just a few hours. This move hurled the bitcoin price above the crucial $12,000 level, which acted as strong resistance in the last 14 days. дальше »

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