It has been another boring day for Bitcoin, with the benchmark cryptocurrency further extending its bout of sideways trading as its bulls and bears reach an impasse within the lower-$7,000 region. This lackluster price action comes close on the heels of Bitcoin’s recent surge up to highs of $7,500, with the resistance it met here…
DetailsCrypto analysts draw chart patterns, utilize technical analysis indicators, and much more to try and predict future price movements in assets like Bitcoin and altcoins. One specific technical analysis indicator that has called every Bitcoin top and bottom throughout the bear market with as much as 86% accuracy, has just signaled that a big drop…
DetailsXRP has been struggling to surmount the resistance that has been established around the $0.20 for the past couple of days, with the crypto currently entering a bout of consolidation as Bitcoin trades sideways within the lower-$7,000 region. This lackluster trading, however, is unlikely to last for too long, as analyst are now widely noting…
DetailsBitcoin just completed a repeating pattern signaling the third, and potentially final miner capitulation event, that in during past cycles proceeded the start of a major bull run, leading to a new all-time high. Past Bitcoin Market Cycles Suggest Miners Capitulate Three Times Before Bull Run All financial markets are cyclical, and Bitcoin and cryptocurrencies…
DetailsIt’s no secret the past few weeks have been tough for Bitcoin investors. The past month saw a number of horrors: over a billion dollars worth of BitMEX positions were liquidated during the flash crash on March 12th, the cryptocurrency slid 50%, and much more. But, prominent analysts are starting to come to the conclusion…
DetailsEthereum is consolidating gains above the $170 and $165 support levels against the US Dollar. ETH price is likely setting up for another leg higher over the $175 resistance area. Ethereum is showing a few positive signs above the $170 support level. The price could gain bullish momentum once it clears the $175 resistance area.…
DetailsRipple is struggling to clear the $0.2025 and $0.2050 resistance levels against the US Dollar. XRP price is currently correcting lower and it could extend its decline towards $0.1920 or $0.1880. Ripple price is showing a few bearish signs below the $0.2025 resistance against the US dollar. It seems like the bulls are struggling to…
DetailsBitcoin is showing a few bearish signs below the $7,400 resistance area against the US Dollar. BTC price is currently declining and it could extend its weakness towards $7,100 or $6,800. Bitcoin is struggling to clear the $7,400 and $7,500 resistance levels against the US Dollar. The bears are slowly taking control and they are…
DetailsXRP has seen a notable price climb throughout the past few days, with its price rising in tandem with that of Bitcoin and most other major cryptos. This has led the token up towards $0.20, which appears to be where it faces some intense near-term resistance. Analysts don’t believe that this resistance will hold strong…
Details
Bitcoin and the entire crypto market appears to have entered another bout of sideways trading within the lower-$7,000 region, with bulls struggling to surmount the resistance that has been formed around $7,300. The price action seen throughout the past couple of weeks, however, seems to suggest that this consolidation may be short-lived, as it is…
Details
