Ethereum has been struggling to garner any momentum as it faces heightened resistance around the mid-$140 region, with this bout of consolidation coming about in tandem with that seen by Bitcoin and most other altcoins. In spite of this, ETH has been able to form a bullish textbook charting pattern that may give it some…
DetailsOver the past week, Bitcoin has done surprisingly well, rallying from the $6,100 price seen last Sunday to a weekly high of $7,200, outperforming a majority of assets. Unfortunately, analysts are warning of a breakdown to pre-recovery levels. Related Reading: The U.S. Dollar is Dying, Buy Bitcoin: “Rich Dad Poor Dad” Author Could Bitcoin Drop…
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Bitcoin has seen some notable short-term movements throughout the past 24-hours, with bulls attempting to push the crypto past $7,000 at around this time yesterday before BTC once again faced a strong and decisive rejection at this level. BTC saw some further volatility today when the crypto plunged towards $6,600 before racing back up towards…
DetailsOver the past few weeks, Bitcoin traders have been divided over whether or not the crypto market has bottomed. Interestingly, many have said no, simply citing the fact that there’s no telling how long the coronavirus crisis will last and how that uncertainty and economic damage will affect traditional markets, especially equities. Though, a popular…
DetailsIf you were asked to name one of Bitcoin’s most prominent proponents, John McAfee would probably be one of the first individuals to come to mind. As the cryptocurrency market was blowing up in 2017, McAfee, the creator of the cybersecurity company that shares his name, shared the below message, claiming that he then believed…
Details“Has the crypto market bottomed?” is the question that has been on the minds of Bitcoin traders over the past weeks; after March 12th’s capitulation event, traders have been divided over this question. Despite the uncertainty, Willy Woo, a prominent on-chain crypto analyst, recently weighed in on this pressing debate, writing that two fundamental metrics…
DetailsEthereum is trading nicely above the key $140 support zone against the US Dollar. ETH price is showing a few positive signs and it could attempt to rally above $145. Ethereum is currently consolidating above the $140 support area against the US Dollar. The price is still struggling to gain bullish momentum above the $145…
DetailsRipple is following a nice uptrend and trading above the $0.1750 support against the US Dollar. XRP price is likely to rally significantly if it clears the $0.1870 resistance. Ripple price is slowly gaining bullish momentum above the $0.1800 level against the US dollar. The price is facing a strong barrier near the $0.1870 and…
DetailsBitcoin is up more than 2% and it is gaining bullish momentum against the US Dollar. BTC price is likely to surge 4%-5% if it clears the main $7,000 resistance area. Bitcoin is showing a lot of positive signs above the $6,700 support against the US Dollar. The price is approaching the main $7,000 resistance…
DetailsMinutes ago as of the time of this article’s writing, Bitcoin breached a daily high, rallying past $7,000 to near $7,050.This meant that from Sunday’s lows, BTC is up 5%, echoing gains seen in the stock market, despite a worsening coronavirus outbreak. With the recent strength in mind, what are analysts expecting to come next?…
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