Ethereum rallied above $650 and $660 before correcting lower against the US Dollar. ETH price is likely to remain supported and it might start a fresh increase towards $700. ETH price gained pace after it broke the $650 resistance against the US Dollar. The price is currently correcting lower from …
Read More »Analysts Eye $700 as Ethereum Pushes Toward $600
Ethereum has begun to bounce strongly since last week’s lows, correlating with a move higher in the price of BTC. ETH currently trades for $590, though moved extremely close to $600 earlier today. Analysts are optimistic that the cryptocurrency will continue its ascent in the days and weeks ahead as …
Read More »This Technical Indicator Suggests Bitcoin is About to See Massive Volatility
Bitcoin is so far seeing a quiet weekend, with bulls taking control of its price action as they hold it above $18,000. This level was broken below earlier this week, but buyers were able to find enough support to thwart any intense selloff from here. Although the crypto is holding …
Read More »Five Technical Reasons The Bitcoin Bull Trend Is Taking A Breather
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 …
Read More »Ethereum Defends Pivotal Technical Level Despite Yesterday’s Drop
Ethereum and Bitcoin underwent a strong drop the other day after days of consolidation. Ethereum slipped from the $590 region to lows around $550, marking a strong decline for the cryptocurrency that had benefited so much from the ETH2 launch. Ethereum was falling alongside BTC. The market was seemingly dropping …
Read More »Bitcoin price risks losing 'critical technical level' as stocks under pressure
Bitcoin faces pullback risk as U.S. stocks begin to drop following a six-week rally. Source link
Read More »Ethereum Expects to Hit $750 as Price Holds Key Technical Support
Ethereum blockchain native’s token ETH expects to reach $750 in the fourth quarter as it holds above a crucial technical support level. On Monday, the ETH/USD exchange rate attempted to breach a short-term ascending trendline for the tenth time since November 26. But bulls held up near the supportive base, …
Read More »XRP Begins Breaking Down as Technical Weakness Weighs Heavy
XRP has been flashing some signs of weakness throughout the past few days and weeks, with the selling pressure seen around the mid-$0.60 region proving to be too significant for the cryptocurrency to surmount. Where it trends in the mid-term will depend largely on whether or not this level continues …
Read More »XRP Could Target a Move to $1.80 as Technical Strength Flourishes
XRP has been one of the most surprising beneficiaries of the recent market-wide uptrend, with the previously embattled cryptocurrency exceeding Bitcoin’s gains over a short time frame while also outpacing Ethereum and other major altcoins. Its strength came about following the break above a multi-year trading range that it has …
Read More »This Technical Pattern Suggests Yearn.finance (YFI) Could See a Massive Breakout
Yearn.finance’s YFI token has been consolidating within the mid-$20,000 region throughout the past few weeks, with its recent parabolic surge from lows of $7,500 getting slightly overheated after it approached $30,000. It has since been consolidating and is now gearing up for another bout of volatility as its trading range …
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