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Here's Why Bitcoin Bulls Need To Be Very Careful Here: A Big Pullback Is Still Possible
02/18/2020 05:18
Bitcoin declined to a new weekly low at $9,483 before recovering against the US Dollar. BTC is back above $9,700, but it is still trading below a few key hurdles ($9,950 and $10,000). Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar. There are positive signs on the...
Ripple (XRP) Rally Remains Attractive To The Bears If Price Surges To $0.31
02/18/2020 04:28
Ripple found support near $0.2680 and recovered slightly against the US Dollar. XRP price could continue to rise, but the bears are likely to protect the $0.3100 resistance area. Ripple price is slowly correcting higher from the $0.2677 swing low against the US dollar. The price is back above the $0.2800 area, but it lacks...
Ethereum Smashes Key Resistance: Technicals Indicate Fresh Rally To $288
02/18/2020 03:18
Ethereum remained well bid above the $240 support area against the US Dollar. ETH price started a fresh increase and it could soon revisit the $288-$289 resistance zone. Ethereum is recovering losses and it recently climbed above the $265 resistance against the US Dollar. The price is gaining pace and it could rise further above...
This Signal Has Preceded Some of Bitcoin's Largest Rallies, and It Just Flashed Again
02/18/2020 01:00
The past few days have been turbulent for Bitcoin (BTC), with the cryptocurrency plummeting from highs of $10,500 to lows of $9,500, which is the level at which it has been able to find notable support at. This support has led the cryptocurrency to enter a bout of sideways trading at just under $9,700, and...
Fractal: Bitcoin May Soon Go Near-Vertical, Ripping Past $10,000
02/18/2020 00:02
On Monday, for the third or fourth day in a row, the price of Bitcoin continued to correct lower. The cryptocurrency, at its worst on Monday, fell to $9,500 — just under 10% under the $10,500 peak seen the prior week. Despite the strong retracement, there have been a number of cryptocurrency investors and traders...
XRP Poised to See Major Upside Despite Today's Bloodbath; Levels to Watch For
02/17/2020 23:00
XRP, like most major altcoins, has seen an intense selloff today that has been primarily driven by Bitcoin's decline to lows of $9,500, with the benchmark cryptocurrency's downtrend accelerating in the time following its violent break below $10,000. In the near-term, despite XRP's overt bearishness, it is important to note that this downtrend may not...
Why is This $400K Bitcoin Mega-Bull Running Scared of Peter Schiff?
02/17/2020 22:00
Following Alex Jones recently encouraging fans to get into Bitcoin, the controversial radio presenter now seems to want to host a crypto-focused debate. His dream participants for the discussion are the outspoken Bitcoin mega-bull Max Keiser and anti-crypto gold bug Peter Schiff. Whilst Schiff seems up for an appearance on Jones's show, Keiser is reportedly...
A Defense of This Support Could Send Ethereum on a Massive 200% Rally
02/17/2020 21:00
Ethereum (ETH) has seen some incredibly bearish price action over the past several days and weeks, with Bitcoin's recent break below $10,000 catalyzing a short-term downtrend that has impacted all major cryptocurrencies. This bearishness has led ETH to retrace down towards its key support at $240, which its bulls have been ardently defending over the...
Litecoin Founder Slams Ethereum's Fastest Growing Use Case in DeFi Hack's Wake
02/17/2020 20:00
Following a recent DeFi smart contract compromise, Charlie Lee has attacked the sector for being centralised. The Litecoin founder called the decentralised finance industry, growing fastest on Ethereum, "decentralization theatre". The most recent application to succumb to a smart contract security breach is the non-custodial crypto margin trading service Fulcrum. Following the compromise, developers at...
Crypto Market Crash: This Technical Structure Puts End to Uptrend
02/17/2020 19:00
Although the crypto market has been surging since the start of 2020, the Bitcoin and altcoins may be experiencing the early stages of the year's first major correction. The technical structure of the recent, short-term uptrend has been broken, suggesting that further downside is due in the days ahead. However, the uptrend on higher timeframes...
 
 


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