bearish

Litecoin: Is it time for the market’s buyers to take a breather yet

Source Node: https://ambcrypto.com/litecoin-is-it-time-for-the-markets-buyers-to-take-a-breather-yet/
Time Stamp: September 2, 2021 9:30 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Like most of its counterparts, Litecoin noted an increase in value on the back of Bitcoin’s push above $50k. The alt, which historically shares a strong correlation with the king coin, lined up seven straight green candles on the 4-hour timeframe. This was last seen in late May after Litecoin rallied from a near 4-month low. However, a resistance zone seemed to have the potential to trigger the next

Top-10 Aspiring Altcoins to Watch in September

Source Node: https://beincrypto.com/top-10-aspiring-altcoins-watch-september/
Time Stamp: September 2, 2021 6:12 AM - Modified On: September 2, 2021 - Published By:
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This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched

Bitcoin (BTC) Breaks Out Towards $51,200 Resistance

Source Node: https://beincrypto.com/bitcoin-btc-breaks-out-towards-51200-resistance/
Time Stamp: September 2, 2021 4:50 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

Bitcoin (BTC) broke out from a descending parallel channel on Sept 1 and is attempting to move above the $51,200 horizontal resistance area.Sponsored Sponsored Due to mixed readings from technical indicators, we cannot accurately determine if BTC will be successful in breaking out the first time. However, an eventual breakout is likely. Short-term breakout BTC had been trading inside a descending parallel channel since Aug 29. Such channels usually contain corrective structures. Sponsored Sponsored After sweeping the lows on Sept 1, BTC broke out later during the day. So far, it

Mapping out how Cardano’s next attempt to breach $3 might go

Source Node: https://ambcrypto.com/mapping-out-how-cardanos-next-attempt-to-breach-3-might-go/
Time Stamp: August 27, 2021 4:30 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Cardano has seen a healthy correction after a near 200% surge from its July lows. On the dip, ADA’s May ATH of $2.64 marked an ideal entry point for bullish traders and the charts recorded northbound momentum once again. On the downside, it was doubtful whether ADA would be able to sustain another bull run without a stronger correction. The RSI was close to the overbought zone and the

Litecoin, IOTA, Dogecoin Price Analysis: 27 August

Source Node: https://ambcrypto.com/litecoin-iota-dogecoin-price-analysis-27-august/
Time Stamp: August 27, 2021 2:00 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

It has been a mixed trading day for the altcoin market despite Bitcoin breaking above $47k. Litecoin lost 2% of its value and was trading close to the $163.24 support line while IOTA declined by 5% and moved closer to the $0.795 price floor. Finally, Dogecoin flashed signs of consolidation with chances of a price reversal according to its technicals.  Litecoin [LTC] LTC/USD, TradingView Litecoin was trading at $169.49 after it lost 2% over the last 24 hours. The coin was trading close to the immediate support level of $163.24.

Magnificent Seven: XTZ, AVAX, TEL, ENJ, XMR, SOL, ZEN — Biggest Gainers Aug 20 – 27

Source Node: https://beincrypto.com/magnificent-seven-xtz-avax-tel-enj-xmr-sol-zen-biggest-gainers-aug-20-27/
Time Stamp: August 27, 2021 1:40 PM - Modified On: August 27, 2021 - Published By:
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BeInCrypto takes a look at the seven altcoins that increased the most over the past seven days, from Aug 20 to 27.Sponsored Sponsored These altcoins are:  Tezos (XTZ) : 26.23% Avalanche (AVAX) : 24.21% Telcoin (TEL) : 23.30% Enjin Coin (ENJ) : 18.58% Monero (XMR) : 14.56% Solana (SOL) : 14.40% Horizen (ZEN) : 13.13% XTZ XTZ has been increasing since July 20, when it was trading at a low of $2.10. In a span of 36 days, it increased by 160%, leading to a high of $5.45 on Aug.

Bitcoin (BTC) Falls to Support After Rejection from $50,000

Source Node: https://beincrypto.com/bitcoin-btc-falls-support-after-rejection-50000/
Time Stamp: August 27, 2021 3:42 AM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

On Aug 16, Bitcoin (BTC) created a bearish engulfing candlestick and broke down from an ascending support line in the process.Sponsored Sponsored BTC is in the process of validating the line as resistance, after which it could resume its descent towards the closest support area. BTC continues descent BTC has been decreasing since it reached a high of $50,500 on Aug 23. The high was very close to the 0.618 Fib retracement resistance level (black) at $51,200. In addition to this, the downward move was preceded by bearish divergences in

TA: Bitcoin Resumes Decline, Why BTC Could Dive To $45K

Source Node: https://www.bitcoinnewsminer.com/ta-bitcoin-resumes-decline-why-btc-could-dive-to-45k/
Time Stamp: August 26, 2021 11:38 PM - Modified On: August 26, 2021 - Published By:
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Bitcoin price failed to settle above $48,500 and corrected lower against the US Dollar. BTC is now facing many hurdles near $47,500 and $48,000. Bitcoin extended its decline and tested the $46,500 support zone. The price is now trading below $48,500 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance near $48,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its decline unless it clears the $48,500 level and the 100 hourly SMA. Bitcoin

What you need to know about Bitcoin’s revival rally

Source Node: https://ambcrypto.com/what-you-need-to-know-about-bitcoins-revival-rally/
Time Stamp: August 16, 2021 2:00 PM - Modified On: August 16, 2021 - Published By:
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Even though an all-over bullish rally is still evident on the king coin’s one-day price chart, Bitcoin faced a major consolidation at the $47,250 level. The same raised concerns among investors about its rally. What Next At this point though, the good news is that Bitcoin is still rallying. But for BTC’s price to continue on this bullish path, it is imperative to assess circulating supply metrics to understand the future flow of the market.  Bitcoin has managed to climb above the $47K level after a short trip to the

Bitcoin: Why this might not be the ‘dip to buy’

Source Node: https://ambcrypto.com/bitcoin-why-this-might-not-be-the-dip-to-buy/
Time Stamp: August 16, 2021 11:00 AM - Modified On: August 16, 2021 - Published By:
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Republished By Plato

Rooting against Bitcoin during a positive rally could be considered cynical by the hyper-bullish community, but it is important to note down important reversals. After all, the asset unleashed a relentless recovery on July 20th, and from a healthy side of things, ‘rooting’ against Bitcoin now only helps the digital asset in the long term. In line with that thought, we analyzed a few important signals that surfaced over the past 24-hours, that may act as key insights for the next few days. SMA tussle for Bitcoin? Source: Trading View

What’s the best-case scenario for Ethereum

Source Node: https://ambcrypto.com/whats-the-best-case-scenario-for-ethereum/
Time Stamp: August 16, 2021 10:01 AM - Modified On: August 16, 2021 - Published By:
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Republished By Plato

Ethereum has held a valuation above $3000 since August 7th. It is a strong indication of a bullish market and over the long-term, it should unfold as a turning point. Yet, every cycle needs its period of correction and right now, major assets are indicative of such a change. However, we want to analyze Ethereum irrespective of its performance over the past 2-weeks. The market looks overheated but we would be looking at current signs that are signalling a push-down and not the price position itself. $3300-$3400 range of history

Bitcoin Technicals: Why BTC price breaking $48K resistance is the key to new all-time highs

Source Node: https://cointelegraph.com/news/bitcoin-technicals-why-btc-price-breaking-48k-resistance-is-the-key-to-new-all-time-highs
Time Stamp: August 11, 2021 10:36 AM - Modified On: August 11, 2021 - Published By:
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Bitcoin (BTC) and the crypto market have been accelerating heavily in recent weeks, as Bitcoin has surged by 60% from the July lows, while Ether (ETH) has been showing strength with a 90% rally as altcoins have been seeing massive gains across the board.The sentiment has flipped heavily as well. Three weeks ago, the majority of the people were discussing a potential breakdown to $20,000, including the effects of a death cross. But now, a golden cross could happen on Bitcoin with a potential breakout above $48K certainly on the