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Two Veteran Traders See Bullish Signs With Bitcoin Rebounding to $8.5K
24.1.2020
#Bitcoin price rallied 3.97% to $8.5K but now needs to overcome the 50-EMA to push through $8,500-$8,650
Bitcoin Price Indicator Eyes First Bullish Turn Since August
21.1.2020
Bitcoin's case for a rally to $10,000 over the next few weeks looks stronger with the weekly MACD histogram about to turn bullish for the first time in five months
Bitcoin Climbs To New 2020 High, Altcoins Gaining Bullish Momentum
17.1.2020
After a short term downside correction, bitcoin price found support near the USD 8,550 area. Later, BTC/USD started a fresh increase above the USD 8,650 and USD 8,850 resistance levels. A new 2020 high is formed near USD 9,000 and the price is currently (09:00 UTC) trading with a bullish...
Bitcoin Price Hits 2-Month High at $8.7K as 3 Bullish Factors Converge
14.1.2020
Bitcoin seeks swift leg-up to $9K as markets rise 8% in 24 hours to reach $8.7K highs
Market Outlook: Bullish Trend Sends Crypto Prices Northwards
14.1.2020
Digital currency markets are seeing significant gains this week as the entire market capitalization gained $28 billion in the last seven days. Moreover, trade volume has spiked to a massive $100 billion and during the last 24 hours, numerous digital assets have gained between 3-48%. Also read:...
EOS Marks an Intraday Bullish Move as it Hits the Major Resistance
13.1.2020
EOS, at the time of writing, was trading at $3.10 on Bitfinex. With an intraday hike above $3, the trading volume and market cap have also spiked, as observed since yesterday. Yesterday, the currency marked an intraday high at $3.21 and is currently trending upwards as it breaks the major...
Bitcoin Price $4K by April? One Big Reason to Not Be Bullish Just Yet
12.1.2020
Low trading volume and a lack of retail investor interest in Bitcoin undermine the most recent breakouts suggesting that the bottom is not in yet
Why China Is Banning Crypto But Is Bullish on Blockchain
8.1.2020
"The bandit needs to be wiped out before the regular army gets in," says Flex Yang, co-founder and CEO of Babel Finance, speaking of China's uncertain crypto regulations
IOTA Marks an Intraday Bullish Crossover; Gains Medium-term Support
8.1.2020
IOTA (MIOTA), at the time of writing, was trading at $0.186. The coin is seen recording a good height after having bottomed out at $0.135 in the previous month. Although currently we see a growth of 37%, IOTA coin is seen trading at the 23rd position in the global crypto market. Also, important...
BTC Trades Impressively Bullish; $8,000 Remains the Next Big Target
7.1.2020
Bitcoin (BTC), at the time of penning down this article, was trading at $7,898.87. Important to note that the coin has hit a fresh 30-day high around $7,900. The king of cryptocurrencies is trading with all the grounded support from the daily moving averages. It has been since yesterday that...
Monero Hits a Fresh Monthly High at $59; Trades Extensively Bullish
7.1.2020
Monero (XMR), at the time of writing, was soaring at $57.90 and has notably hit a fresh 30-day high around $59 price area, recording its positive intraday move. Although the market is seen gaining momentum, it is yet to decide whether the same is sustainable and real or sheer illusion. Also, just...
Bitcoin Trades with a ‘Bullish Engulf’ and Projects a Notable Rally Soon
6.1.2020
Bitcoin, at the time of writing was trading at $7,526.76 and notably swifts above the major resistance at $7,300 followed by $7,500. In the past 7-days BTC price had even hit below $7,000, when we believed it to be a complete end of the bullish era. However, the bullish candlestick pattern on...
Bitcoin Price: First 4-Day Win Streak Since July Flips Charts Bullish
6.1.2020
#Bitcoin posts 4 back to back green candles on the daily chart, which hasn’t happened since July
Bitcoin Gaining Bullish Momentum, Altcoins Outperform
6.1.2020
Bitcoin price is showing a lot of positive signs above the USD 7,350 and USD 7,400 resistance levels. Once BTC/USD settles above USD 7,550 and USD 7,650, it could set the stage for an upward move towards the USD 8,000 and USD 8,200.
Besides, most major altcoins are gaining traction and rising with...
Cardano Marks an Intraday Positive Move and Bullish Crossover
3.1.2020
Cardano (ADA), at the time of writing, was trading at $0.0338. The intraday movement has even led the coin to hit $0.03400 and the does not seem to be influenced by the BTC plunge below $7,000. Currently, it is moving towards a 38.2% Fib Retracement level and is believed to be trading better than...
Monero May have a Short-term Bullish Crossover Above $45
1.1.2020
Monero, at the time of writing, was trading at $45.346 on Bitfinex. The coin is lacking active support around the current trading price area, except support foreseen by the 10-day and 50-day moving average. Therefore, we can project a bullish medium or short-term if the coin gains a definite...
XRP Faces a Strong Resistance at $0.1990 for a Persistent Bullish Crossover
1.1.2020
Ripple (XRP), at the press time, is trading at $0.193 and is supported by the short-term and medium-term MA. XRP against USD is trading better than the marked 52-week low at $0.1784. The price zone near $0.20 remains a goal at present as the price of Ripple is facing strict resistance as it pushes...
Bitcoin and Altcoins Bullish Bias Intact Despite Recent Dip
31.12.2019
Recently, bitcoin price trimmed most gains and declined below the USD 7,350 support. Moreover, BTC/USD declined below the USD 7,250 support and traded close to the USD 7,150 support. The price is currently (09:00 UTC) trading in a range and seems to be preparing for a fresh increase towards...
Litecoin Marks an Intraday Bullish Move; Trades Around an Imminent Price Area at $42
30.12.2019
Litecoin currently trades at $42.86 and is hitting the upper Bollinger Band laid on a 4-hourly chart. The current trading price is a result of a positive intraday move. If it continues to gain momentum, LTC price is expected to rise above the ultimate support/resistance area. The active support...
Market Update: Crypto Traders Search for Bullish and Bearish Trends
29.12.2019
During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents...