Chainlink (LINK) Rips 10% Higher: Why Analysts Say More Upside Is Likely

Bitcoin and Ethereum faced strong liquidation events just 12 hours ago. Even still, Chainlink (LINK) has continued to push higher, basically disregarding what was seen as the worst cryptocurrency crash since “Black Thursday. дальше »

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Bitcoin Futures Traders Bet on Bullish Price Action, but Not Too Fast

Bitcoin futures open interest is currently at an all-time high as traders expect more upside for BTC’s spot price.

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On-Chain Analyst: Bitcoin’s Next True Bull Trend May Not Start Until Q4 2020

Bitcoin’s price is currently flashing signs of immense strength as it navigates up towards the resistance found within the mid-$11,000 region. The slight uptrend seen today that came about after it dipped to lows of $10,800 has allowed it to push against its 2020 highs of $11,400, and it does appear that further upside is […] дальше »

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Bitcoin Could Hit $12K on Ethereum-Tailing Behaviour: Analyst

Bitcoin is eyeing a breakout towards $12,000, according to crypto-chart analyst Josh Rager. The analogy appears out of Ethereum’s latest upside move from a consolidation range. Mr. Rager sees Bitcoin repeating the same bullish action as it trades inside a similar sideways pattern. дальше »

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Ethereum Smashes Another Hurdle: A Strong Case for Upside To $350

Ethereum gained more than 4% and it surged above the $335 resistance against the US Dollar. ETH price traded to a new monthly high at $343 and it could rise further to $350. Ethereum started a fresh increase above the $325 and $335 resistance levels. дальше »

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Is the Growing Correlation Between Bitcoin and Gold a Bullish Sign?

The correlation between Bitcoin and gold daily returns is increasing, leading investors to expect further upside from BTC price.

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Bitcoin Exposed to Correction on Easing Risk Sentiment; Here’s Why

Bitcoin plunged by more than 4 percent following its explosive upside move towards $11,500 on Monday. The cryptocurrency’s uptrend also steadied on easing risk sentiment following the Federal Reserve’s two-day policy meeting. дальше »

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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 »

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This Technical Pattern Suggests Bitcoin is Ready to Push Towards $14,000

Bitcoin has now entered a clear consolidation phase as its price hovers above $11,000 Bulls were able to maintain their strength overnight, pushing BTC towards $11,200 as bears lose their support BTC’s overt strength at the present moment suggests that it is well-positioned to see further near-term upside One analyst is also pointing to the emergence of a technical pattern as another reason why it may push higher He notes that this pattern could send […] дальше »

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Deribit Options Market Sees Record High Volume as Bitcoin Upside Demand Grows

The structure of the entire cryptocurrency market has been shifting throughout 2020, with traders placing an increased emphasis on options contracts to capitalize on the volatility seen by Bitcoin and other digital assets. дальше »

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Ethereum Posted an Incredibly Bullish Weekly Close, But Will It Keep Running?

Ethereum’s price action has been front running that of Bitcoin over the past few days This has led some analysts to note that ETH’s strength is actually what catalyzed the ongoing uptrend seen by BTC The cryptocurrency is now showing even further signs of strength as it pushes towards $330 Multiple analysts are noting that the stars are aligning for the crypto and that multiple factors suggest further upside is imminent As for how high […] дальше »

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Ethereum Options Hit All-Time High as Investors Prepare for Volatility

Ethereum options hit an all-time high in open interest as volatility in the market hit record lows. Market data further indicates that longing volatility with a bias to the upside... дальше »

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Vechain, Stellar, Algorand Price Analysis

Vechain drops 4.9%, Stellar continues its upside and Algorand shoots 21% as most coins...

The post Vechain, Stellar, Algorand Price Analysis appeared first on Coin Journal.

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Decred Price Analysis - Bear trend nearing exhaustion

On-chain metrics, aside from transactions per day, have risen substantially since last August, which may be due to a combination of DEX, privacy, and staking initiatives. Upside resistance for the DCR/USD pair sits at US$16 and US$25-US$30. дальше »

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Dogecoin Bubble Reminiscent of 2017’s Crypto Frenzy: Ryze Research

Dogecoin price last week rallied by 150 percent, logging one of its most significant increases in a three-day timeframe. The explosive upside move came as a part of a coordinated pump caused by a viral TikTok campaign. дальше »

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Tag Team of Powerful Sell Signals Could Take Tezos Down For The Count

With Chainlink setting a new all-time high and entering price discovery mode, all eyes turned to the altcoin called Tezos. In the past Tezos and Chainlink have risen in the same tides. If history repeats and the assets stay closely correlated, further upside could be coming for XTZ holders. However, a tag team of sell […] дальше »

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Stellar (XLM) Could Soon Erase Recent Gains as It Hits “Make or Break” Level

Stellar (XLM) has been incurring massive upside throughout the past couple of weeks, with the token’s price surging to fresh yearly highs just days ago. It is currently expressing some signs of weakness, however, as the token’s price recently faced a grim rejection that has since sparked an intense price decline. Analysts are noting that […] дальше »

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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 »

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Analyst Who Predicted Bitcoin’s V-Shaped Reversal at $3,700 Is Bullish

It’s been a tough past few weeks for the Bitcoin market. Some are skeptical that the cryptocurrency is in a bull trend after BTC has sustained multiple rejections at $10,000. Yet a trader that nailed a bold prediction remains optimistic, sharing a number of signals indicating imminent upside. Bitcoin Could Soon See a Bounce, Says […] дальше »

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Analyst Expects Bitcoin Price to Hit $27,000; Here’s Why

Bitcoin may hit $27,000 in the coming sessions, says an analyst. The analogy appeared as the cryptocurrency trends inside a Bullish Pennant structure on its monthly chart. The analyst sees BTC/USD breaking above the technical pattern and aim for an all-time high as its upside target. дальше »

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Ethereum Holds Strong at $225: A Strengthening Case for Upside

Ethereum is holding strong above the $225 support level against the US Dollar. ETH is slowly rising and it is likely to continue higher towards $235 and $240. Ethereum is following a bullish path and it recently spiked above the $230 resistance level. дальше »

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Bitcoin Cash Reaches Crucial Juncture: Here’s Why It Could Restart Decline

Bitcoin cash price started an upside correction from the $205 support against the US Dollar. BCH is now facing a strong resistance near the $225 and $230 levels. Bitcoin cash price is currently correcting higher from the $205 swing low against the US Dollar. дальше »

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Bitcoin May Hit $10,500 “Sooner or Later,” Boosting Case for Upside

It’s been a tough past few days for Bitcoin traders. After holding ~$9,400, the cryptocurrency temporarily slipped under $9,000 on the weekend. In the process, dozens of millions of BitMEX longs were liquidated. дальше »

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This Confluence Of Bearish Factors Shows Ripple (XRP) Could Dive Again

Ripple started an upside correction after trading as low as $0. 1690 against the US Dollar. XRP price is currently facing a strong resistance at $0. 1800 and it could resume its decline. Ripple corrected higher above the $0. дальше »

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Bitcoin Is Recovering But $9,300 Could Trigger A Fresh Decline

Bitcoin is currently correcting higher from the $8,813 swing low against the US Dollar. BTC is trading above $9,000, but it is facing many hurdles near $9,200 and $9,300. Bitcoin started an upside correction after trading to a new monthly low at $8,813. дальше »

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Trumping Gold: Bitcoin Continues to Thrive in 2020 Despite Increased Volatility

This year has been unexpectedly transformed by the Covid-19 pandemic, which turned the conventional stream of economy upside down. While the economic projections before the pandemic were mostly positive, the whole focus now sprawls on how to recuperate from the loop formed by the crisis that has gripped the entire world. Bitcoin, the OG among […] дальше »

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3 Fundamental Reasons Why Bitcoin Is Bullish After Drop Under $9k

On Saturday, Bitcoin decisively dipped under $9,000, reaching lows not seen in over a week. It was a move that liquidated dozens of millions of dollars worth of longs, shaking bulls from their expectations of upside. дальше »

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Ethereum, IOTA, Cosmos Price Analysis: 27 June

The cryptocurrency market saw a lot of its momentum evaporating after many of its coins underwent corrections on the charts after a brief upside. At the time of writing, the collective market cap had The post Ethereum, IOTA, Cosmos Price Analysis: 27 June appeared first on AMBCrypto. дальше »

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Bitcoin Recovery Runs Into Resistance: Here Are Key Breakout Levels

Bitcoin started an upside correction after testing the $9,000 support against the US Dollar. BTC is now facing a strong resistance near the $9,300 and $9,400 levels. Bitcoin is recovering and it is trading above the $9,200 support level. дальше »

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Bitcoin Bulls Flash Signs of Strength as Stock Market Fuels Fresh BTC Uptrend

Bitcoin is showing some signs of strength after it posted a strong rebound from its recent lows set around $9,200 The crypto has since climbed back above $9,400, and appears to be navigating through what has become a heavy resistance level Analysts do believe that the token is poised to see further upside due to a few key factors One such factor would be the ongoing rise seen while looking towards the stock market, which […] дальше »

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This Bitcoin Indicator Forecasted the 2017 Bull Run. It Just Flashed Again

Bitcoin’s lackluster price action over the past few weeks has struck a serious blow to investor sentiment, leading many to anticipate weakness in the days and weeks ahead. That being said, this growing bearishness may be unwarranted, as some interesting trends seen while looking towards its on-chain fundamentals seem to suggest that further upside is […] дальше »

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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 »

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Ethereum Might Not Go Down Quietly: Risk of Bullish Break Grows Above $240

Ethereum is stable above the $230 and $225 support levels against the US Dollar. ETH price seems to be eyeing a major bullish break above $238 and $240. Ethereum is currently attempting an upside break above $234 and the 100 hourly simple moving average. дальше »

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Ethereum Forms Ascending Channel, But Bears Aren’t Out of the Woods Yet

Ethereum, like Bitcoin, has been able to recapture its previous trading range and put some serious distance between its current price and its recent lows The crypto market has been able to see a swift recovery from the overt weakness seen yesterday This, to many bulls, seemed to confirm that the market is well poised to see further upside in the days and weeks ahead In the case of Ethereum, the crypto now appears to […] дальше »

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Bitcoin Resets $10K Price Target as U.S. Bonds Lose Spotlight

Bitcoin rallied Friday, a day after undergoing a significant sell-off that crashed its price by circa 6 percent. The cryptocurrency’s upside correction came alongside similar recovery moves in the U. дальше »

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Experts’ Take On What Comes Next After Bitcoin Suddenly Plummets To $9,300

To say bitcoin has been volatile over the past few weeks would be a gross understatement. Earlier this month, the top crypto surged to almost $10.5K before quickly dropping to as little as $8,600. Again on Wednesday, BTC saw another large upside move as it attempted to break past $10,000. Unfortunately, the bears are having […] дальше »

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Bitcoin Set to Break $10,000 as Dollar Dips to Three-Month Lows

Bitcoin experienced a brief bull run above $10,000 on Wednesday. The cryptocurrency dipped back below $10,000 due to $14 million worth of shorts liquidations on BitMEX. Nevertheless, BTC/USD retained its upside target towards $10,000 as the Federal Reserve’s commitment to keeping interest rates near zero until 2022 drove the U. дальше »

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Chainlink reaches key resistance as parabolic trendline forecasts upside

Chainlink has been vying to incur further momentum as it hovers just slightly below its previously established all-time highs. The post Chainlink reaches key resistance as parabolic trendline forecasts upside appeared first on CryptoSlate. дальше »

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Bitcoin Cash short-term Price Analysis; 10 June

Bitcoin Cash appeared to have been trapped below the $260-region for the past couple of weeks. Several pullbacks prevented any significant upside break. BCH may have to wait for a bullish revival. дальше »

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Options Traders are Nearly All Long on Bitcoin; What This Means for BTC

Bitcoin’s week-long bout of consolidation appears to be leading options traders to grow increasingly bullish on the cryptocurrency Data shows that options traders are nearly all anticipating BTC to see further upside in the weeks and months ahead There are multiple factors, however, that suggest it is poised to see downside in the near-term These factors include rising funding, a high quantity of underwater long positions, and its multiple failed attempts to break above $10,000 […] дальше »

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800 million XRP moves in four large transactions as bears threaten upside moves

Bulls are fighting to keep the bears at bay as they target consolidation above... The post 800 million XRP moves in four large transactions as bears threaten upside moves appeared first on Coin Journal. дальше »

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Bitcoin Is About to See a Crucial Breakout: 3 Factors Show Upside Is Likely

It may seem like Bitcoin has seen intense volatility over the past two weeks, and that’s true. In the past week alone there was approximately $250 million worth of position liquidations on BitMEX alone, data from crypto derivatives platform Skew. дальше »

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Ethereum Open Interest Rebounds as Analysts Eye an Explosive Upside Movement

Ethereum has seen some tempered gains overnight, recapturing its position within the $240 region as it shows some signs of technical strength. Today’s climb has largely been the result of that seen by Bitcoin, as ETH has been closely tracking the benchmark cryptocurrency’s price action over the past week. This has caused Ethereum’s open interest... дальше »

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Tron Cryptocurrency Paints Golden Cross as Founder Announces Tron 4.0

Tron’s TRX cryptocurrency was among the biggest gainers in the last 24 hours, rising by more than 5 percent. The upside move appeared as Justin Sun, the founder of Tron, announced a protocol upgrade that would introduce privacy features to its smart contracts. дальше »

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What to Expect from Bitcoin After Fed’s Monthly Meeting This Week

Bitcoin rose last week, posting its second consecutive weekly gains after bouncing from a healthy technical support level. The cryptocurrency tailed upside moves in the stock market on signs of economic recovery and optimistic employment data. дальше »

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For Litecoin, an upside breakout likely

Litecoin was being traded at $46.87, at the time of writing. While its attempts to breach the $50-mark had not succeeded yet, it has been consolidating below this region for a long time now. That beinThe post For Litecoin, an upside breakout likely appeared first on AMBCrypto. дальше »

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Ethereum to Target $300 Once it Reaches This Massive Support Zone

Ethereum has been holding up quite well against Bitcoin despite seeing some slight weakness throughout the past week after facing a harsh rejection at its local highs of $255. The cryptocurrency now appears to be well-positioned to see further upside in the near-term, as analysts are noting that it has been able to form a... дальше »

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A $20,000 Bitcoin is Possible According to This Bullish Fractal

An accurate bitcoin fractal from 2019 shows its price at or above $20,000 by the end of 2020. The cryptocurrency is forming ascending price channels after each successive upside move, signaling continuation to the upside. дальше »

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Correction Inevitable? Bitcoin Paints a ‘Shooting Star’ Pattern on Key Timeframes

The new weekly and monthly Bitcoin price candle kicked off with a powerful move to the upside, but yesterday was rejected with force. Although it is extremely early in each trading session, the recent price action has left behind a Shooting Star doji on weekly and monthly timeframes, which could signal that a larger correction... дальше »

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Bitcoin Rejected Harshly on Red Supply Zone for the 3rd Time, But Focus Still on the Upside

Bitcoin opened the month on a bullish note, surging past $10,000, and then the day after, the price of BTC crashed to $9,150 on some exchanges, $9,300 on others and $8,600 on BitMEX. Bitcoin’s $10k breakout was leverage driven, “OI increased even as liquidations exploded while predicted funding and futures' basis turned extreme” and “then […] дальше »

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