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Ether (ETH) price could continue its gains to hit $440 before resistance kicks in, one analyst has told mainstream media. Speaking to Bloomberg on Feb. 14, Edward Moya, senior market analyst at online forex broker Oanda Corp, warned that the largest altcoin’s huge gains in 2020 were now looking unstable. GSI
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Over the past day or two, the crypto market — from Bitcoin to Ripple’s XRP — has begun to slow. The prices of the leading digital assets have finally taken a breather after days and days of uptrend without too much of retracement.While some fear that this slight drop in
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Bitcoin could retest the $13,000 range in the next two months, according to a macro technical indicator.The cryptocurrency’s monthly chart shows that it was trending downwards inside a ‘Falling Wedge.’ It formed lower highs and lower lows, leading to the formation of a contracting price range. As it did, the
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Bitcoin’s dreamy price rally in 2020 could hit a dead end in the coming sessions, according to a bullish reversal indicator.The benchmark cryptocurrency is forming a Rising Wedge pattern as confirmed by its price consolidating between upward sloping resistance and support. More data that confirms the Wedge formation is a
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They're definitely not equity, but could "exchange tokens" be bellwethers for one of crypto's best use cases? (Spoiler: Probably not)Among thousands of venture-backed startups, tokens, coins, blockchains and open-source technology projects, exchange operators now stand out among the top revenue getters in the crypto asset category. Coinbase, not the largest
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Once again, analysts have started to flip bullish on Bitcoin again. Sure, the cryptocurrency is still down some 40% from its $14,000 peak from last year, but per a number of traders, an array of key technical indicators have suggested that BTC is ready to return higher once again.Related Reading: Crypto
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Bitcoin could establish a new all-time high above the $20,000 level in 2020 as it hits crossroads with a bias-defining indicator.The benchmark cryptocurrency’s latest move uphill prompted it to retest its 20-weekly moving average on Wednesday. The technical indicator is conclusively accurate when it comes to defining bitcoin’s long-term trends.
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Disclaimer Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. This article is
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Bitcoin price (BTC) was drifting towards $9,000 on Oct. 30 as the momentum behind its recent bull run appeared to wane. Cryptocurrency market daily overview. Source: Coin360Bitcoin ranges prior to moving average crossoverData from Coin360 showed BTC/USD down around 3.2% on Wednesday, having spent the previous day circling $9,500. Those levels
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View The three-day chart MACD’s first bullish turn in over three months could bode well for bitcoin’s price, according to historical data. The cryptocurrency may challenge 2019 high above $13,800 before the year’s end. The immediate outlook, however, is bearish
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