Since Black Thursday, which saw Bitcoin bottom at $4.6k on the day, the number one cryptocurrency has since been range-bound with strong resistance at the $6.8k level.Although it’s been able to post definite gains since that recent low, some analysts expect to see a further breakdown as the knock-on effects of the pandemic wreak havoc…
With a black swan event is upon us – an unpredictable event that forever alters the way people think and behave – are crypto and altcoin holders prepared to potentially go down with the ship if the world faces the worst economic recession yet?Crypto Op-Ed: Are Altcoin Investors Mentally Prepared to Go Down With the…
Bitcoin saw a notable upswing overnight, which led Ethereum and most other major altcoins to rise in tandem. This rally has pushed ETH up to a key resistance level that its buyers are currently attempting to surmount.Analysts are now noting that the crypto could be positioned to see an explosive movement past this resistance, with…
In a jarring early-morning movement, Bitcoin blew past the resistance it was previously facing within the upper-$6,000 region, with this rally allowing bulls to significantly bolster their near-term technical situation.Analysts are now widely noting that the strength of this movement is likely to lead it significantly higher, with short positions getting punished.One prominent veteran trader…
After a period of facing some downwards pressure, Bitcoin bulls have been able to step up and lead the crypto higher, pushing it back into the mid-$6,000 region.This recent price action seems to indicate that both bulls and bears have reached an impasse, as neither have been able to garner any decisive momentum in the…
Following Bitcoin’s bout of consolidation within the mid-$6,000 region, the benchmark cryptocurrency has seen a slight decline that has led it down towards the support that has been established around $6,000.This decline today has come about against a backdrop of bearishness in the equities market, with virtually all of the benchmark indices seeing some notable…
Litecoin is known for often being among the first altcoins to begin to see growth or decline after a period of sideways trading.Following the recent crash that shocked the crypto market, Litecoin has started to move once again and may be leading the market toward a devastating crash back to prices not traded at since…
Bitcoin price had one of its most volatile months yet, resulting in a massive, $6,000 long “Darth Maul” candle on the three-month price chart.But what does this rare and explosive candlestick pattern typically indicate, and what could this mean for Bitcoin price in the future?First Quarter 2020 in Crypto Closes Out More Volatile Three Months…
Ethereum and the aggregated cryptocurrency market has seen a slight selloff overnight that was catalyzed by Bitcoin’s decline to the lower $6,000 region. This plunge has not impacted ETH in the same way it has other altcoins, as the crypto is currently significantly outperforming the market.One analyst is now noting that there are a few…
XRP, the cryptocurrency asset often referred to as Ripple, has been among the worst-performing crypto assets and altcoins of the last two years.However, according to one crypto analyst who has spotted what they believe is a classical bottom signature on XRP price charts, expects the asset’s woes to soon change and potentially triple in value…