Ethereum has seen some intense strength throughout the past couple of weeks, and the strong uptrend it is currently caught within isn’t showing any clear signs of coming to an end anytime soon. As it pushes up against its high time frame resistance, analysts are widely noting that it could be well-positioned to see further […]
Ripple traded to a new monthly high at $0.2252 against the US Dollar. XRP price is currently holding the $0.2145 support zone and it could rally above $0.2200. Ripple remained in a positive zone above the $0.2000 and $0.2100 levels against the US dollar. The price traded to a new monthly high at $0.2252 and […]
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. Despite the current strength, there are still […]
Ethereum broke out of its sideways range on July 21, eventually establishing a quarter-to-date high at $280.76. The breakout move also confirmed a Bullish Flag pattern, a continuation signal that occurs as a brief pause following a significant price move higher. It has now set Ethereum en route to its ideal price target near $350. […]
After a prolonged period of range-bound trading, Ethereum posted a breakout rally yesterday that allowed it to surge up to fresh multi-month highs This rally put a firm end to the crypto’s macro trading range between $230 and $250 It remains unclear as to what caused this movement, but it allowed Bitcoin and other major […]
Many believe that the next catalyst for Bitcoin’s growth will be its positioning as a “safe haven” asset that investors turn to protect their capital from shrinking due to inflation and economic turbulence. Although there’s no doubt that Bitcoin is fundamentally positioned to fit this role, it remains somewhat unclear as to whether or not […]
Ethereum has seen some notable losses that have sent it down to the lower boundary of its trading range The crypto is now flashing some overt signs of weakness This is rooted in the lack of strength seen by both Bitcoin and most other major digital assets Analysts are now noting that $225 is a […]
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 […]
Bitcoin posted a strong reaction to its recent dip into the sub-$9,000 region The support here has since allowed the cryptocurrency to climb over 2% towards a critical near-term resistance level How it trends from here could depend on the resolution of a pennant that has been formed over the past couple of weeks One […]
Ethereum has incurred a sharp upswing over the past day, significantly outperforming Bitcoin and most of its peers The token’s ongoing upswing came about after buyers defended against a dip below its crucial support at $220 yesterday This movement has allowed ETH to recapture its position within its multi-month trading range Analysts are noting that […]
Bitcoin is still holding the $9,000 support zone against the US Dollar. BTC is now approaching a crucial juncture and it could either rally above $9,200 or start a sharp decline below $9,000. Bitcoin is trading below a couple of important hurdles near $9,200 and $9,220. The price seems to be forming a strong support […]
Ethereum is struggling to clear the $230 resistance level against the US Dollar. ETH price is showing positive signs and it seems like a close above the 100 SMA (H4) could trigger a fresh rally. ETH price is slowly moving higher towards the $230 resistance against the US Dollar. A close above the 100 simple […]
Ethereum has remained stuck beneath its crucial near-term resistance level at $230 The crypto has been ranging sideways alongside Bitcoin and many of its peers, but it has been unable to remain within its long-held trading range The break below this range appears to be a grim sign for the crypto Where it trends next […]
A Bitcoin Core dev and her exchange partner discuss Bitcoin and privacy and how to incentivize more developers to contribute to the protocol.
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. In the case of Bitcoin, they say “when in […]
Ethereum’s weakness as of late has primarily been rooted in that seen by Bitcoin. From a fundamental perspective, the cryptocurrency is arguably at one of its strongest points ever, with daily transactions recently breaking 1 million while its userbase sees massive growth. This strength has not translated into positive price action yet, as all of […]
Bitcoin started a major decline after it broke the $9,500 support against the US Dollar. BTC is now trading below $9,000 and it remains at a risk of more losses below $8,800. Bitcoin is gaining bearish momentum below the $9,500 and $9,200 support levels. The price traded as low as $8,813 and it is currently […]
Throughout 2017 and 2018, many altcoin-advocates pointed to Bitcoin’s lack of transactional speed as a reason why it would be usurped by other smaller alternatives. “Speed” naturally became a selling point of many altcoins. That being said, this was not enough to generate any type of investor interest or extreme utilization. One prominent Bitcoin investor […]
Bitcoin has seen a tempered upswing over the past several hours that has come about in tandem with a rise in the stock market This upwards movement has done little to alter its underlying technical strength, as it still remains squarely within its long-held trading range This move has also led it up against a […]
With Bitcoin in no man’s land, investors have begun to identify clear levels for the cryptocurrency to hold for bulls to remain in control. One trader argued that if the cryptocurrency reclaims $10,000 on a longer time frame basis, a strong surge will follow. Bitcoin Needs to Reclaim $10,000 on a Longer Time Frame Basis […]
Like Bitcoin and other altcoins, Ethereum has been flirting with collapse over the past few weeks. After a strong rejection at the $250 resistance, the cryptocurrency has found itself stuck in a consolidation that has seen ETH slide to $228 as of the time of this article’s writing. Analysts say that this may be a […]
Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many […]
A prominent cryptocurrency analyst thinks that Bitcoin is primed to fall lower after June 11th’s 10% drop, despite the 5% bounce from the lows. He remarked in a post published on June 12th that the cryptocurrency has lost the support of a short-term ascending triangle, and thus is primed to fall to the range lows […]