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Traders look for Bitcoin price daily close at $41K to confirm bullish reversal
15.6.2021
Bitcoin’s range breakout boosted sentiment but traders are waiting for a daily close above $41,000 before taking more decisive action
Bullish reversal? Traders debate whether $37K BTC price is a trend reversal
10.6.2021
A stream of bullish Bitcoin adoption news helped to push BTC price back above $37,000 but traders are unsure if the 20% move confirms a trend reversal
Discount on Grayscale’s GBTC Plunges to New Record Low as Competition From Emerging Rivals Intensifies
7.3.2021
The premium on Grayscale Investment’s GBTC, which turned negative for the first time on February 23, is continuing its downward slide. As the latest Glassnode data shows, the GBTC was trading at a record low discount of -11.92% on March 4, 2021. According to the same data, this new low is...
Bitcoin, Ethereum and Altcoins Show Signs of Trend Reversal
1.3.2021
Bitcoin price started an upside move from USD 43,000. BTC surpassed the USD 46,500 resistance and it even gained pace above USD 47,000. It even attempted a close above USD 48,000 and it is currently (12:30 UTC) showing positive signs.
Similarly, most major altcoins are showing signs of a fresh...
US Government Won’t Allow Corporates to Keep Replacing Dollars With Bitcoin, Warns Investment Advisor
15.2.2021
Dan Nathan, the founder of Risk Reversal Advisors, says that the U.S. government will not keep allowing corporations like Elon Musk’s Tesla to replace dollars with bitcoin. They won’t “let the dollar fall away from being the reserve currency for the world,” which could...
Bullish trend reversal underway as Bitcoin price holds above $11,000
9.10.2020
Bitcoin price surged past $11,000 and 3 key indicators suggest a strong trend reversal is underway
3 key on-chain metrics point to a bullish reversal in Ethereum price
6.10.2020
DeFi-tokens corrected heavily over the past 30-days but on-chain data suggest Ether is in the early stages of a bullish reversal
‘Bulls have won’ — Bitcoin whale clusters suggest BTC trend reversal
26.9.2020
Bitcoin whale clusters show the $10,407 level has turned into a strong support area, raising the chance of a renewed bullish uptrend
Stellar (XLM) Shows Clear Signs of Bullish Trend Reversal
8.6.2020
These days, each week represents a cycle of a bullish and bearish trend in the market while not letting the contradictory bias go away. Since when the infamous market crash followed by a prolonged slowdown has occurred, investors have been finding it difficult to figure out one particular sentiment...
Bitcoin (BTC): Investors Prefer to ‘HODL’; Experts Fear a Trend Reversal Near $9k
23.5.2020
This year seems to be a legit patience-test for all the investors out there, no matter where they have invested. Market bulls are enduring all the pressure present in the space while they keep proving their strength with each rebound. Despite that, bearish shadows are not leaving the market,...
Cardano (ADA) Experiences Intraday Trend Reversal; Trades at $0.0294
30.3.2020
Cardano, at the time of writing this article, was trading at $0.029 after recording a 6% dip from the weekly high of $0.0315 ADA retains immediate support from the 50-day MA, while loses the long-term support from 200-day MA as it experienced an intraday correction The 20-day Bollinger Bands hold...
XRP’s Pullback is Yet to See a Reversal; Is the Bullrun Fading Away?
4.3.2020
XRP is down by 32.10% as compared to its price in Mid-February The coin is testing support levels near $0.23 at the moment; supports near $0.22 have already been examined In its 3-month price chart, the coin is trading below the EMA line noting a bearish phase; also, XRP is between the 61.80%...
Bitcoin Price Fights to Hold $9.5K to Stave Off a Trend Reversal
20.2.2020
Trading sentiment has taken a hit as Bitcoin price strongly corrected for the second time in one week, is a bearish reversal in the making?
Dogecoin (DOGE) Indicates the Reversal of Yesterday’s Price Trend
26.12.2019
Dogecoin was spotted registering downtrend from the last few days. The currency usually shields itself from the volatility of the market, but yesterday, it couldn’t resist. Today, Dogecoin’s price is locked around $0.00201. The coin gets vastly affected by Bitcoin which is likely to grow too....
Bitcoin Technical Analysis: Reversal or Dead Cat Bounce?
24.12.2019
Weekly prices are held by the 61.8% Fib level support at $7213, prices are trying to do S/R flip of 49 days SMA (Simple Moving Average) and 9 days SMA denoted by the green line and blue line respectively in the below-given chart. Weekly prices have been rejected by the 9 days SMA previously;...
Bitcoin Price Trend Reversal in Progress? Key $7.6K Level Unlocked
23.12.2019
“Is $8K next?” is the question on everyone’s minds as Bitcoin bulls defended the weekly close by pushing the price above the $7.4K and $7.6K resistances
Bitcoin Price Jumps 10%, But Bull Reversal Still $700 Away
19.12.2019
Bitcoin logged its biggest daily gain in seven weeks on Wednesday, neutralizing the bearish scenario
Ethereum (ETH) May Have a Bullish Crossover; Hints at Reversal of the Trend
10.12.2019
Ethereum started the trading at $150.97, in the last trading month of 2019. Currently, ETH against USD is trading at $146.93. The king of altcoins—Ethereum has been trading with more volatility as compared to other altcoins in the global crypto market. In the past two days, Ethereum has even...
Bitcoin and Altcoins Possibly Aligning For Key Reversal
9.12.2019
This past week, bitcoin price started recovering above the USD 7,350 and USD 7,400 resistance levels. BTC/USD even spiked above USD 7,650, but it struggled to continue higher. However, the price failed to retain strength above USD 7,600. It is currently (09:00 UTC) consolidating above USD 7,400...
Ripple (XRP) Predictions: Bulls in Sight, Early Signs of Reversal
9.12.2019
Ripple prices were highly correlated to BTC/USD prices; as a result, it fell all the way down to the weekly critical support at $0.20. Early signs of price reversal are in sight, as explained below, with weekly and daily charts. Ripple Price Prediction Looking at weekly XRP prices against USD,...