[ad_1] A recent Bloomberg article quoted Bloomberg Intelligence analyst Mike McGlone, who claimed that the current low volatility of Bitcoin it is "a sign of speculation that leaves the market and ultimately a fundamental process". McGlone also notes that "The high volatility is an important factor that decreases most cases …
Read More »Bitcoin (BTC) Price Analysis: More Bulls Waiting at Channel Bottom?
[ad_1] Bitcoin has been on stronger footing as it tests the rising channel top. Bitcoin has formed higher lows and higher highs, creating an ascending channel on its 1-hour time frame. Price is currently testing the resistance and might be due for a pullback to support where more bulls are …
Read More »Ripple (XRP) Price analysis: possible double bottom or too early?
[ad_2][ad_1] Ripple is finding support around .2500 and may be about to complete an inversion model. The rippling bulls are still defending the .2500 support, probably creating a double-bottom reversal pattern on the 4-hour chart. The price still has some space to cover before testing the neckline at 3500 and …
Read More »Bitcoin (BTC) reached the bottom?
[ad_1] Bitcoin (BTC) and all our favorite coins and tokens have shown once again that they can get back on their feet after a sharp decline. The King of Crypto is currently testing a new resistance level of $ 6,500 after reaching a recent low of $ 6,200 on September …
Read More »Ripple Technical Analysis: XRP / USD beaten and fight to find the bottom: Ripple and R3 reach an agreement after the legal battle
[ad_2][ad_1] On Wednesday, the price of the swings worsened further, slipping down into the territory by $ 0.25. The XRP / USD is rechecking an interrupted demand area, which will now act as a resistance Ripple and R3 have reached an agreement that has not been disclosed "all the pending …
Read More »Ethereum price at 2018 Rock Bottom; And now?
[ad_1] Ethereum (ETH), one of the most considered cryptocurrencies on the market, reached new lows in the solar year 2018. The last time ETH was at a price level lower than $ 215 was in August 2017. Ethereum tests new price lows Wednesday, the value of Ethereum fell to $ …
Read More »The price of Bitcoin accumulates at the bottom while the pressure towards the top is growing
[ad_2][ad_1] The probability of a bitcoin (BTC) bullish move has increased over the last 24 hours. To begin with, the leading cryptocurrency remained well above the key support of $ 6.230 (August 20 low) despite the ETF Rejection, adding credibility to our assessment that the cryptomarkets had already discounted the …
Read More »Bitcoin Price Analysis (BTC): Bulls Defending Channel Bottom?
[ad_1] Bitcoin has formed lower highs and lower lows to operate within a downtrend channel within 1 hour. The price is currently testing the fund and it seems that the bulls are still defending the support. A rebound from this level could bring the bitcoin back to the channel resistance, …
Read More »Litecoin Technical Analysis: LTC / USD forms a downward channel, but the price takes a rebound from the strong demand area and from the bottom of the model, upside down
[ad_1] Litecoin is seen suffering very little losses of around 0.35% on Friday, after a week of sliding prices. LTC / USD has formed a descending channel model, with its decline seen recently. 30-minute LTC / USD chart Spot rate: 75.849 Relative change: -0.35% High: 76.148 Low: 74.864 Trend: Bearish …
Read More »