Ethereum is above $4,000 and has hit a price level that’s nearly three full times the altcoin’s previous all-time high set years earlier. But could a full year’s worth of incredible profits and ROI be potentially leading bulls right off a cliff? Several potentially bearish signals have appeared on Ethereum price charts that could suggest…
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 normally notoriously volatile crypto asset isn’t swinging quite as wildly as the peak of the 2017 bull run. So while this isn’t likely the peak that causes…
Bitcoin price nearly set a new higher high and confirmed a bull trend. But before the leading cryptocurrency by market cap could set a new peak, a popular trading indicator might have jumped the gun and confirmed the bull market. The rare reading on the Relative Strength Index has only happened a grand total of…
XRP, the fourth-ranked cryptocurrency in the space, has been among the industry’s worst performers. Yet investors in the asset still hold out hope for a repeat of the massive pumps Ripple is known for.Key indicators reveal that the asset has reached a pivotal moment where a decision must be made. It’s now or never for…
The latest rally in Bitcoin has caused the Relative Strength Index to reach shocking highs. Such a reading would typically indicate a pullback is due, however, it can also be a signal that the bull market is back in full force.Comparing the RSI to past Bitcoin bear and bull cycles, provides clues as to what…
Bitcoin has been on an impressive rally since sustaining a 50% drop in March, rallying from the $3,700 bottom to a local high at $7,470. The move has convinced many traders that the cryptocurrency market is on the verge of entering yet another full-blown bull market.Related Reading: Crypto Tidbits: Bitcoin Loses $7k, Blockchain Layoffs, Ethereum…
The crypto market experienced a short and minor correction this past week but appears to be ready to keep chugging right along, with no end to the momentum in sight.In fact, one cryptocurrency analyst says that while there’s no denying that a correction is imminent, it may not happen for weeks to months, as Bitcoin…
The cryptocurrency community is currently exploding with exuberance, as Bitcoin may have broken out from its recent downtrend into a full-blown reversal, and the rest of the crypto space has seen altcoins going on hundred percent rallies reviving talk of a bull run once again.However, there are a number of similarities between the current rally…
Bitcoin price has been on an absolute tear over the last 24 hours, rallying from lows around $8,000 to as high now as $8700, giving bullish crypto traders confidence that a near-term bottom is in, and more upside could be in the days ahead.However, before bulls could celebrate a clean break of downtrend resistance, the…
Bitcoin price has exploded out of its recent trading range near lows around $6,500 and has already rallied over $8,300 in a move that caught bearish crypto traders who were expecting more downside in the leading cryptocurrency by market cap off-guard.However, before bulls should start celebrating that the downtrend is over, there’s an extremely bearish…