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26/01/21 02:00 by Tony Spilotro
Massive Bearish Divergence Hints At First Major Chainlink Corrective Phase
Chainlink was among the first cryptocurrency to set a new all-time high in 2020, but given its absence during the 2017 peak was facing different circumstances and no overhead resistance. The altcoin w... Read More
20/12/20 19:28 by Cole Petersen
Bitcoin’s Support Sits at $19,500 but It Remains Highly Bullish: Analyst
Bitcoin has faced some intense selling pressure following its recent rally past $24,000, but bulls were able to thwart it from seeing any intense selloff as its price navigates back up to this key lev... Read More
14/12/20 11:00 by Nick Chong
Analysts Eye $700 as Ethereum Pushes Toward $600
Ethereum has begun to bounce strongly since last week’s lows, correlating with a move higher in the price of BTC. ETH currently trades for $590, though moved extremely close to $600 earlier toda... Read More
11/12/20 21:00 by Tony Spilotro
Five Technical Reasons The Bitcoin Bull Trend Is Taking A Breather
Bitcoin is currently experiencing a small correction by cryptocurrency standards. The last time the top cryptocurrency corrected from below $20,000, it touched under $6,000 weeks later. But the normal... Read More
10/12/20 01:00 by Nick Chong
Ethereum Defends Pivotal Technical Level Despite Yesterday’s Drop
Ethereum and Bitcoin underwent a strong drop the other day after days of consolidation. Ethereum slipped from the $590 region to lows around $550, marking a strong decline for the cryptocurrency that ... Read More
08/12/20 21:00 by Tony Spilotro
Bitcoin “Double Top” Narrative Builds, Factors To Potentially Fear
Bitcoin price is in a precarious location. The asset set a new all-time high just days ago but is trading below the record and starting to decline. The shifting momentum is now presenting in technical... Read More
07/12/20 12:18 by Yashu Gola
Ethereum Expects to Hit $750 as Price Holds Key Technical Support
Ethereum blockchain native’s token ETH expects to reach $750 in the fourth quarter as it holds above a crucial technical support level.
On Monday, the ETH/USD exchange rate attempted to breach a... Read More
07/12/20 01:37 by Nick Chong
Bitcoin Forms Highest Weekly Candle Close In History
After consolidating for many days, Bitcoin underwent one final push ahead of the weekly candle close just minutes ago. The price of the leading cryptocurrency currently trades for $19,400, far above t... Read More
06/12/20 18:43 by Brenda Ngari
Why One Fund Manager Says Bitcoin Is On The Verge Of A Larger Bearish Correction
Bitcoin has had a good run for the past two months, even surging to almost $20,000 earlier last week. Raoul Pal, the CEO of Real Vision Group has pinpointed several technicals that now suggest that t... Read More
03/12/20 12:23 by Yashu Gola
The Bullish and Bearish Scenario of Yearn Finance’s YFI Token
Yearn Finance’s governance token YFI continued its winning spree entering the Thursday session as its price maintained its weekly gains of about 30 percent.
The YFI/USD exchange rate surged in t... Read More
02/12/20 21:00 by Tony Spilotro
Ten Different Bearish Divergences Stack Against Bitcoin, But Drop Has Yet To Arrive
Bitcoin has been unstoppable from Q2 2020 on, bringing the asset to a new all-time high and restoring interest and bullish momentum in the cryptocurrency market.
But as the most dominant crypto asset ... Read More
30/11/20 22:00 by Cole Petersen
XRP Could See a Strong Push Higher as Bulls Degrade Key Resistance
Ever since XRP broke out of the tight multi-year trading range that it was previously stuck in, the cryptocurrency has been caught within a strong uptrend that has shown no signs of slowing down.
Bull... Read More
28/11/20 00:59 by Nick Chong
Bitcoin’s Recent $3,000 Correction Actually Formed a Bullish Candle
Bitcoin has faced an extremely strong correction since its local highs around $19,500. The leading cryptocurrency currently trades for $17,000 almost exactly, though fell as low as $16,200 just the ot... Read More
16/11/20 17:22 by Nick Chong
Bitcoin Just Broke to $16,500: 3 Reasons Why Analysts Expect More Upside
Bitcoin is mounting a strong bounce from the weekend lows of $15,700. Just minutes ago, the leading cryptocurrency broke to $16,500 and passed it for the first time this year. At its local highs, BTC ... Read More
14/11/20 04:00 by Nick Chong
SushiSwap (SUSHI) Explodes 30% Higher Amid Protocol Upgrades
After a rally in long-standing DeFi blue chips, newer tokens have begun to surge. SushiSwap’s SUSHI token is up 30% in the past 24 hours alone, making it the top-performing crypto-asset in the t... Read More
13/11/20 14:00 by Joseph Young
Why Traders Growngly Expect Bitcoin “Reaccumulation” At $15K Before Next Run
The price of Bitcoin (BTC) surpassed $16,000 with strong momentum and has remained above the resistance-turned-support area since the initial breakout. Yet, traders are turning slightly cautious, anti... Read More
11/11/20 11:00 by Nick Chong
Eyes on the Charts: Bitcoin Is Testing a Support Level Formed in Early September
Bitcoin has entered a period of consolidation after peaking at $15,975 late last week.
The cryptocurrency has bounced between those highs and lows around $14,500 due to volatility in the price of the ... Read More
10/11/20 14:45 by Yashu Gola
Calls for Ethereum Rally Grow as 50K ETH Go Out of Supply
The staking process on Ethereum 2.0 is live for almost a week now. And it has left the cryptocurrency in a moderately bullish state.
ETH/USD is up more than 12 percent on a month-to-date timeframe, tr... Read More
05/11/20 12:36 by Yashu Gola
3 Primary Reasons Why Ethereum (ETH) Could Hit $500 in Q4
A confluence of bullish fundamental and technical indicators sees Ethereum rallying upward towards $500 in the fourth quarter.
The second-largest blockchain asset by market capitalization has rallied ... Read More
04/11/20 14:16 by Yashu Gola
3 Major Reasons Why Chainlink (LINK) Could Fall by 25%
As a startup, Chainlink solves a significant obstacle that concerns transferring data between blockchains and the real world.
The protocol, whose origins date back to September 2014 – a period w... Read More
02/11/20 11:00 by Nick Chong
Ethereum Expected to Gain Further Strength as Price Taps $400
Ethereum has finally begun to push higher as Bitcoin has consolidated in the high-$13,000s. The price of the leading altcoin recently hit $400, the highest price in a number of days despite BTC pushin... Read More
01/11/20 22:52 by Nick Chong
Should History Repeat, the Bitcoin Price Is About to Go Parabolic
Bitcoin has undergone a 25% rally over the past two weeks as buying pressure in the digital asset market has heated up. The leading cryptocurrency currently trades for $13,800, far above the $9,800 lo... Read More
27/10/20 12:20 by Yashu Gola
Polkadot (DOT) Jumps 9% as Altcoins Bleed; What’s Driving This Rally?
Polkadot’s native cryptocurrency DOT was among the biggest gainers in the last 24 hours even as other top altcoin projects reported losses.
The DOT/USD exchange rate rose about 9 percent, hittin... Read More
26/10/20 21:00 by Cole Petersen
Here’s the Key Level Yearn.finance (YFI) Needs to Break to “Stretch Its Wings”
Yearn.finance’s YFI governance token has been caught within a consolidation phase as Bitcoin, and the rest of the crypto market, also see some short-term sideways trading.
This lack of momentum ... Read More
26/10/20 16:00 by Joseph Young
Why Traders Are Not Convinced $13k is the “Top” For Bitcoin
The $13,000 level is considered the most important resistance area for Bitcoin in the short to medium term. Yet, many technical analysts and traders are not convinced it is the peak for the dominant c... Read More
24/10/20 01:00 by Cole Petersen
Analyst: If Yearn.finance (YFI) Surmounts $16,000, It Could Start a New Uptrend
Yearn.finance has seen a decent rebound from its recent lows set just a few days ago.
Its ongoing upswing is coming about as Bitcoin and Ethereum consolidate, which indicates that it may be breaking i... Read More
20/10/20 23:00 by Cole Petersen
Chainlink is Positioned to See a Major Push Higher Despite Today’s Selloff
Chainlink’s price action as of late has been rather lackluster, primarily consisting of accumulation and consolidation as it trades between $10.00 and $11.00.
This sideways trading has done litt... Read More
15/10/20 01:33 by Nick Chong
Bitcoin is About to Form a Pivotal Buy Signal Last Seen in Late July
Bitcoin has seen a strong rally over the past few days after weeks of consolidation. The leading cryptocurrency has gained around $1,000 from last week’s lows near $10,400.
This rally has allowe... Read More
09/10/20 15:30 by Joseph Young
“Ichimoku Cloud” Hints Bitcoin is Finally Recovering From a Crucial Area
The Ichimoku Cloud is a momentum indicator often used in technical analysis to gauge an asset’s trend. It is currently indicating that Bitcoin (BTC) is healthily recovering from an important sup... Read More
09/10/20 13:21 by Joseph Young
3 Key Reasons Traders Pinpoint $13k as Level to Propel Bitcoin to ATH
In the medium term, technical analysts and traders believe Bitcoin (BTC) is headed for an extended uptrend. For BTC to reach for a new all-time high, traders pinpoint $13,000 as the main resistance le... Read More