Despite the ongoing retracement in the prices of Bitcoin, Ethereum, and other top cryptocurrencies, investors remain highly optimistic about this market. ETH, especially, has benefited from traders, with data from leading crypto exchange Bitfinex indicating that there are more long positions open for Ethereum than ever before.“What. Is. Happening. 2.2% of all ETH in existence…
Ethereum reacted to the downside after it failed to clear the $215 resistance against the US Dollar. ETH price is currently showing bearish signs and it could decline to $200 or $192.Ethereum is slowly moving lower and now trading well below the $215 resistance.The price is struggling to stay above $210 and the 100 hourly…
It’s been a brutal past 120 minutes for the Bitcoin market.After holding the $9,800 support for 48 hours, the cryptocurrency began to dive lower approximately two hours ago. From its $9,800 perch, the flagship crypto-asset fell as low as $9,100 on leading Bitcoin exchange Bitstamp — a drop of over 7%. The price has since…
Bitcoin is trading above the $9,600 and $9,500 levels against the US Dollar. BTC price is showing positive signs and it seems a few steps away from smashing the $10,000 resistance.Bitcoin is trading nicely above the $9,600 and $9,560 support levels.The price is likely to make another attempt to clear the $9,950 and $10,000 resistance…
Bitcoin risks a $2,000 price correction as bulls continuously fail to penetrate $10,000-levels.The downside sentiment takes cues from a popular technical indicator, dubbed as Triple Top.The reversal pattern shows that bitcoin is no longer rallying – and is struggling to find buyers near the $10K area.Almost all the leading Bitcoin technical indicators have flipped to…
Ethereum is currently trading above the $205 and $208 support levels against the US Dollar. ETH price could start a strong increase if it clears the $215 and $216 resistance levels.Ethereum is showing a lot of positive signs above the key $205 support zone.The price is currently trading above $210 and it is well above…
There is a 57 percent chance of Bitcoin undergoing a bearish breakout, according to a standalone indicator.The warning pops at a time when the cryptocurrency is testing a 2.5-year-old trendline as its primary resistance.If valid, then the bitcoin price can fall towards $7,700.Bitcoin has confirmed the presence of a standalone technical indicator that could send…
Bitcoin is up around 4% and it is approaching the $10,000 resistance against the US Dollar. BTC price is likely to extend its rally above $10,000 unless it dives below the $9,500 support.Bitcoin is currently gaining bullish momentum and trading near the last swing high at $9,950.The price is trading well above the $9,600 support…
Ethereum is trading above the $192 and $195 support levels against the US Dollar. ETH price could start a strong surge if there is a clear break above the $205 resistance.ETH price is trading just below a crucial resistance near the $205 level against the US Dollar.It is now trading above $192 and the 100…
Bitcoin is trading nicely above the $9,200 and $9,000 support levels against the US Dollar. BTC is rising and it could gain bullish momentum if there is a clear break above $9,550.Bitcoin is trading in a positive zone above the $9,400 and $9,200 support levels.An immediate hurdle is near the $9,550 zone, above which it…