[ad_2][ad_1] “Bearish” signal confirmed for ETH The exponential moving average (EMA) which is the average of the closing prices for a specific number of days divided by the number of days considered, is decreasing with the price of Ethereum (ETH). According to analysts, the EMA is below 10, which indicates …
Read More »Bitcoin Weekly Forecast: BTC poised on the edge of an abyss after reaching a new all-time high
[ad_2][ad_1] Bitcoin’s price hit a new high this week. A downward correction began nearing $ 20,000. The sell-off could be extended as BTC remains overbought. The fundamental picture implies that Bitcoin has strong long-term potential. Bitcoin has had an important week. The pioneering digital currency hit a new all-time high …
Read More »Ripple’s price looks poised for a pullback before XRP resumes its uptrend
[ad_2][ad_1] The ripple price is currently showing signs of weakness over various time periods. The cryptocurrency market plummeted briefly but managed to recover almost instantly in the past 24 hours. Like the rest of the market, Ripple’s price quickly dropped from $ 0.681 to $ 0.56 within minutes before quickly …
Read More »LTC looks poised to retire at $ 70
[ad_2][ad_1] Litecoin meets resistance at $ 90, delaying price action to $ 95 and $ 100 respectively. LTC / USD could enter a period of consolidation based on the IOMAP model. Litecoin recently closed at $ 100 but reached a barrier at $ 95. The cryptoasset has led other altcoins …
Read More »Bitcoin Cash is poised for a $ 300 breakout if bulls support gains above a large resistance area
[ad_2][ad_1] Bitcoin Cash will rise to $ 300 versus the US dollar if bulls break out and maintain momentum above $ 260 The price of Bitcoin Cash (BCH) could rise towards its August 2020 peak if the bulls manage to break out of a resistance line formed on August 2. …
Read More »Bitcoin is poised to rise towards $ 17,000 as Outlook turns bright
[ad_2][ad_1] Bitcoin saw a quiet weekend of trading, with cryptocurrency struggling to gain immense momentum as bulls and bears hit a dead end This has led to an extended side trading period of around $ 16,000, with bulls and bears both struggling to gain control of his short term. Its …
Read More »Ukraine is poised to lead the Eastern European crypto space
[ad_2][ad_1] Ukraine is ranked as the world leader in the 2020 Global Crypto Adoption Index, according to research published by Chainalysis earlier this fall. Despite this, cryptocurrencies still remain a gray area in the economy. Since 2014, Ukrainian authorities have been trying to implement cryptography legislation that would turn the …
Read More »Litecoin could be poised for a massive rally despite lackluster price action
[ad_2][ad_1] Litecoin has been widely regarded by investors as an inferior version of Bitcoin with few discernible differences, little utility, and declining development activity. It is still one of the first cryptocurrencies that have ample liquidity and listings on all major exchanges. Therefore, when floods of new investors enter the …
Read More »XRP is poised to correct to $ 0.25 before the next rally
[ad_2][ad_1] XRP struggled to maintain its bullish momentum on Saturday. A correction towards $ 0.25 is in the books. A daily close above $ 0.27 could open the door to further gains. After gaining over 4% on Friday, XRP extended its rally and hit a two-month high of $ 0.2774. …
Read More »These factors are poised to spur Ethereum’s long-term rally
[ad_2][ad_1] The trading volume of ETH Futures is up 38% in 2 days, at the time of writing, according to Skew’s charts. Not only the trading volume, but also the Open Interest increased 8% according to Skew’s charts. On the spot exchanges, the volume of trading decreased by almost 25%, …
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