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Downtrend

Last posts about downtrend.


Altcoins 25/05/20 10:58 by Aayush Jindal
Ethereum Could Narrowly Avoid a Major Downtrend if it Breaks $210
Ethereum failed to continue above the $210 resistance and declined recently against the US Dollar. ETH price must stay above $195 and $192 to avoid a major downtrend. Ethereum is still struggling to ...
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Bitcoin 17/05/20 21:00 by Nick Chong
There’s a Colossal $40M Sell Wall Preventing Bitcoin From Crossing $10,000
The price action over the past few days has undoubtedly been positive for Bitcoin. After bottoming at $8,180 on the day of the block reward halving, the cryptocurrency has shot higher, approaching $9...
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Altcoins 11/05/20 18:00 by Tony Spilotro
Ripple Reclaims Downtrend Resistance As Support With Bullish XRP Weekly Close
XRP, the native cryptocurrency to the Ripple protocol, has struggled throughout the bear market. The number three crypto by market cap has lagged behind most other altcoins in recovering from the most...
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Altcoins 05/05/20 03:00 by Cole Petersen
XRP Has Seen 850 Days of Lower-Highs; Here’s Why Its Downtrend is Far from Over
XRP has been able to post a notable surge in the time following its mid-March dip that led it to lows within the sub-$0.10 region – a level not seen since prior to the insane 2017 rally that led it ...
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Altcoins 30/04/20 19:30 by Tony Spilotro
Altcoins Face The Most Important Weekly Close in Crypto History
Two separate charts taking a top-down view across the wider crypto market may provide clues as to where the altcoin asset class is headed. Each chart shows that altcoins are at potentially their most ...
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Altcoins 17/04/20 19:30 by Tony Spilotro
XRP Reclaims Downtrend Line After False Breakout, What’s Next?
XRP has continuously struggled for the last two years, unable to break free from downtrend resistance and recover any lost gains from the asset’s previous peak. But the altcoin commonly called R...
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Altcoins 08/04/20 19:30 by Tony Spilotro
Bitcoin Dominance: 2-Year Uptrend Breaking Could Spark Altcoin Boom
Bitcoin dominance has not only broken down from a two-year-long uptrend, but it has also retested the trend line as resistance and failed to reclaim the key level. With trend line support now confirme...
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Altcoins 03/03/20 21:10 by Lorenzo Stroe
Despite Dead Cat Bounce, Ripple’s XRP Price Continues To Slide
Like most cryptos, XRP has been in a heavy daily downtrend and has lost 33% of its value over the past 16 days. The digital asset has struggled to find a support level but was able to set a higher lo...
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Altcoins 26/02/20 08:49 by Lorenzo Stroe
Stellar Price Losing Steam: XLM On The Verge of Losing Crucial Support Level
Stellar bulls can’t seem to catch a break as the digital asset has plunged once again, an 8% loss so far today and a total loss of the daily uptrend. Not everything is bad news for XLM though as th...
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Altcoins 25/02/20 21:22 by Lorenzo Stroe
Cardano (ADA) Retests Key Retracement Level, Still Bullish Long-Term
The cryptocurrency market has been bleeding quite hard for the past week and Cardano hasn’t been an exception. The digital asset plunged down to $0.05623 today, a key level set by the lower line of...
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Altcoins 10/01/20 22:11 by Lorenzo Stroe
XRP Bulls Post 5% Surge – Crushing All Daily Resistances
Following Bitcoin’s steps but better, XRP has smashed through all daily resistances and broken above $0.21. The digital asset is currently trading at $0.213 after a bulky surge today. This was a...
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Bitcoin 13/12/19 18:00 by Tony Spilotro
Monthly Bitcoin Indicator Flips Bearish, But Still Following Path to New ATH
In the crypto market, there’s an ongoing bullish bias that constantly permeates the market. However, there’s no denying that the entire market, including Bitcoin, has been in a downtrend for the l...
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Other 13/12/19 00:00 by Cole Petersen
The Chainlink Bull Run May Not Be Over Yet, Despite Recent Price Decline
Chainlink has seen a massive price rise in recent times, surging to fresh all-time highs in July of 2019 concurrently with Bitcoin’s rise to its 2019 highs of $13,800. Although both cryptocurrencies...
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Bitcoin 10/12/19 19:00 by Tony Spilotro
Bitcoin Price: Bear Pennant Targets $4,600, Has The Breakdown Begun?
Bitcoin price has been steadily falling, locked in a downtrend over the course of the last few months, taking the price of the cryptocurrency to roughly 50% of the year’s high of $14,000. After the ...
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Bitcoin 09/12/19 18:00 by Tony Spilotro
Crypto Price Action Sports Uncanny Resemblance to Bitcoin Bear Market Bottom
After an early 2019 parabolic rally, Bitcoin has spent the last few months locked within a vicious downtrend that’s seen nearly 50% of the crypto asset’s value eliminated. But after months of sust...
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Altcoins 06/12/19 13:00 by Nick Chong
Why Ethereum Price is Likely to See Strong Upward Breakout Against Bitcoin
As the crypto market has stagnated, all eyes have fallen on Bitcoin, not Ethereum or Litecoin, as the leading cryptocurrency’s next large move will likely determine in which direction this entir...
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Bitcoin 29/11/19 22:00 by Cole Petersen
Bitcoin is a Clear Long After Forming Textbook Bottom, Claims Analyst
It is looking increasingly likely that Bitcoin’s recent dip to lows of $6,500 will mark a long-term bottom for the cryptocurrency, as its bulls have been able to propel its price higher and sustain ...
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Crypto 28/11/19 06:18 by Lorenzo Stroe
Binance Coin (BNB) Posts Solid Bounce But Still Lacks Momentum To Hit $20
BNB has seen a pretty significant bounce from $13.88 but the bears are still in control. The next few days are going to be critical for the bulls which need to set a 4-hour uptrend as fast as possibl...
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Bitcoin 25/11/19 19:00 by Tony Spilotro
November Monthly Bitcoin Close Critical For Bull Market
Following Bitcoin’s bottom at $3,100, the entire cryptocurrency community has expected the asset to launch straight away into a full-blown bull market, however, the current price action across the c...
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