consolidation

Cardano Price Analysis: ADA continues to trade above $1.20 resistance, targets $1.30 next?

Source Node: https://www.cryptopolitan.com/cardano-price-analysis-2021-07-25/
Time Stamp: July 25, 2021 6:39 AM - Modified On: July 25, 2021 - Published By:
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TL;DR Breakdown ADA moved sideways overnight.$1.20 support still holds.ADA/USD targets $1.30 next. Cardano price analysis is bullish for the next 24 hours as the market price continues moving towards further highs after consolidation above the $1.20 mark overnight. Therefore, we can expect ADA/USD to target the $1.30 next resistance early next week. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market trades with mixed results over the last 24 hours. Bitcoin is up by 1,81 percent, while Ethereum by around 1.53 percent. Internet Computer(ICP) is among the best performers with a

High Volatility for Cardano, 60% Price Move Coming

Source Node: https://coinquora.com/high-volatility-for-cardano-60-price-move-coming/
Time Stamp: July 24, 2021 8:25 AM - Modified On: July 24, 2021 - Published By:
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Altcoin News Two critical price points will determine Cardano’s price movement. To be optimistic, rising above the $1.30 resistance level can take ADA to $2.00. However, if the $1.00 support fails, investors may have to prepare for a 60% crash. In a twisted turn of events, Cardano’s dormant stance could be heavily challenged by it coming closer to the peak of a consolidation pattern. This means that the chances for a groundbreaking price move are high. By this, we just mean that Cardano’s fate, and by extension the fate of

Bitcoin’s future price action would depend on these key aspects

Source Node: https://ambcrypto.com/bitcoins-future-price-action-would-depend-on-these-key-aspects/
Time Stamp: July 22, 2021 6:00 AM - Modified On: July 22, 2021 - Published By:
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A massive drop, fear and anxiety at their peak, and a superstar entry back with a bang, pretty much sums up Bitcoin’s price action over the past week. The king coin’s downward trajectory led to a market-wide fall and a major bearish market. However, nothing is permanent in this crypto-verse where volatility is the name of the game. Bitcoin’s foray below the $30k zone didn’t last long either, and the asset soon made a strong comeback with gains of 6.25% in 24 hours, at the time of writing. A closer look

COTI Struggles to Sustain Highs After Move Above Resistance

Source Node: https://beincrypto.com/coti-struggles-to-sustain-highs/
Time Stamp: December 4, 2020 1:30 PM - Modified On: May 21, 2021 - Published By:
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COTI (COTI) has been increasing alongside an ascending support line since it reached a bottom on Nov. 3. Nevertheless, COTI is expected to break down from this line and drop towards the support levels outlined below.   COTI Increases Alongside Support The COTI price has been moving upwards since Nov. 3, when it reached a low of $0.025. Since then, COTI has been following an ascending support line, validating it numerous times in the process. While COTI broke out above the $0.04 resistance area and validated it as support afterward,

Analysts Are Watching This Level After Bitcoin Price Plunged Under $12,000

Source Node: https://bitcoinist.com/watching-level-bitcoin-price-plunged-12000/?utm_source=rss&utm_medium=rss&utm_campaign=watching-level-bitcoin-price-plunged-12000
Time Stamp: August 18, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin seriously broke higher on Monday, breaking above $12,400 for the first time since 2019. The asset has since suffered a strong correction to $11,900, where it trades as of this article’s writing. BTC’s drop comes after the value of gold and the S&P 500 plunged after a strong start to the Tuesday trading session. Bitcoin remains above a pivotal support level, though, that analysts say the asset must hold to remain in a bullish state. BTC is now trading below the pivotal $12,000 level. That level held as resistance

Will Ethereum’s Strong Weekly Close Be Enough to Propel It Higher?

Source Node: https://bitcoinist.com/will-ethereums-strong-weekly-close-be-enough-to-propel-it-higher/?utm_source=rss&utm_medium=rss&utm_campaign=will-ethereums-strong-weekly-close-be-enough-to-propel-it-higher
Time Stamp: August 17, 2020 4:00 PM - Modified On: May 21, 2021 - Published By:
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Ethereum has been hovering between $420 and $430 for the past few days, with the resistance found around $450 sparking a prolonged consolidation phase The cryptocurrency has been unable to extend its recent upwards momentum after facing a rejection at this level This has pointed to some underlying short-term weakness, although its long-term outlook remains incredibly bright Analysts are now noting that the token may be well-positioned to see significantly further upside after it sees a low-time-frame dip This potential strength comes after it closed its daily and weekly candle

A Massive Bitcoin Price Move Is Likely Imminent… Again: Here’s Why

Source Node: https://bitcoinist.com/massive-bitcoin-price-move-imminent-again/?utm_source=rss&utm_medium=rss&utm_campaign=massive-bitcoin-price-move-imminent-again
Time Stamp: August 16, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin has consolidated between $11,000-12,000 over recent weeks. While the consolidation has only lasted for just over two weeks, prices are tightening again. By indicators like the width of the Bollinger Bands, volatility is reaching notable lows yet again. This signals to analysts that a massive Bitcoin price move is likely imminent. Fortunately for bulls, there are many analysts expecting upside due to both technical and fundamental trends. How high Bitcoin rallies in this potential breakout, though, is not yet clear. Bitcoin Could Soon See a Massive Move: Volatility Indicators

Here’s How High One Trader Expects Bitcoin to Climb Before Forming a Top

Source Node: https://bitcoinist.com/heres-how-high-one-trader-expects-bitcoin-to-climb-before-forming-a-top/?utm_source=rss&utm_medium=rss&utm_campaign=heres-how-high-one-trader-expects-bitcoin-to-climb-before-forming-a-top
Time Stamp: August 16, 2020 12:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin faced yet another $12,000 rejection yesterday that caused the cryptocurrency’s price to reel down towards $11,700 This level appears to have been established as support, as buyers ardently defended against any break below it It now appears that the crypto’s short-term technical outlook remains unchanged, as BTC is still consolidating within the upper-$11,000 region As for where it may go next, one analyst explained that he is looking towards $13,000 as a near-term target He does note that the visit to this level may mark a mid-term top for

Bitcoin Could See a Major Breakout in The Coming Days; Here’s Why

Source Node: https://bitcoinist.com/bitcoin-could-see-a-major-breakout-in-the-coming-days-heres-why/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-could-see-a-major-breakout-in-the-coming-days-heres-why
Time Stamp: August 14, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin has been stuck in a tight trading range throughout the past several days This has offered little insight into the cryptocurrency’s short-term trend, as both its buyers and sellers remain at an impasse As for where it may trend next, analysts now seem to believe that it is coiling up for a major breakout This could lead it well past $12,000 in the coming few weeks There are a few factors that suggest this type of movement is imminent, including Barstool Sports founder Dave Portnoy’s foray into BTC Bitcoin

Ethereum Price Hits 2-Year High as ETH Futures Open Interest Tops $1.5B

Source Node: https://cointelegraph.com/news/ethereum-price-hits-2-year-high-as-eth-futures-open-interest-tops-15b
Time Stamp: August 14, 2020 5:26 PM - Modified On: May 21, 2021 - Published By:
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Today the price of Ethereum’s Ether (ETH) hit a two-year high according to data from crypto trading terminal Crryptowatch. Despite the breakout to $445, open interest on ETH futures remains steady at a new record high of $1.5 billion.ETH-USD 4-hour chart. Source: TradingView.comThe record high open interest on ETH futures hints that traders remain bullish and further gains could be seen over the coming days.In recent months, Ethereum has seen strong momentum due to the explosive growth of the Decentralized Finance sector. The demand for Ether led to a sharp

Analyst Who Called Bitcoin’s Move to $3,000s Thinks This Comes Next

Source Node: https://bitcoinist.com/analyst-who-called-bitcoins-3000s-comes-next/?utm_source=rss&utm_medium=rss&utm_campaign=analyst-who-called-bitcoins-3000s-comes-next
Time Stamp: August 13, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin is pressing higher after consolidating in the mid-$11,000s for a number of days. As of the time of this article’s writing, the leading cryptocurrency trades for $11,800. BTC is up 2% in the past 24 hours, underperforming Ethereum’s 10% performance. A historically accurate analyst expects Bitcoin to press lower towards $11,000 one more time, then potentially break out. This is a sentiment differing from other analysts, who argue that Bitcoin is likely to break higher right away. Bitcoin Could Drop Towards $11,000 Once Again, Says Trader Who Predicted $3,000s

Bitcoin Prone to Seeing Downside as It Trades Below Key Level

Source Node: https://bitcoinist.com/bitcoin-prone-to-seeing-downside-as-it-trades-below-key-level/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-prone-to-seeing-downside-as-it-trades-below-key-level
Time Stamp: August 13, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin and the aggregated crypto market are struggling to extend the mid-term uptrend that has driven them higher over the past few weeks This has come about as BTC pushes up against insurmountable resistance at $12,000 – a level that it has been rejected at on multiple occasions Analysts are now noting that it may require a daily close above $11,900 for it to see further upside that sends it past this price level There are some positive signs that BTC is gearing up for a movement towards this level,