Category Archives: Indicators

Cardano Investors Sell Amid Bitcoin Drop, ADA Down 32%

Cardano (ADA) sheds 32.7 percent week-to-date Emurgo releases Yoroi update There’s a new Yoroi wallet update introducing further improvements like the hide balance option. However, that is not enough to support ADA as prices are down 32.7 percent. Cardano Price Analysis Fundamentals Research and peer-reviewing of code underpin Cardano. Promising to dislodge Ethereum as the king of smart … Continue reading Cardano Investors Sell Amid Bitcoin Drop, ADA Down 32%

Bitcoin Price Below $9.5K Could Spark 80% Parabolic Advance Correction, Trader Warns

Bitcoin (BTC) continued to trade down on July 17 after a further 10% fall sent the price of the largest cryptocurrency back below $10,000.  Market visualization courtesy of Coin360 Data from Coin360 showed a problematic 24 hours for traders Wednesday, BTC/USD circling $9,600 after bouncing off lows at just $9,266. The downward trend followed increased United States government attention on cryptocurrency and … Continue reading Bitcoin Price Below $9.5K Could Spark 80% Parabolic Advance Correction, Trader Warns

Bears Rejoice as Bitcoin Fails to Reclaim $10k and Targets Lower

The Bitcoin pullback that started over the weekend has accelerated as we hit mid-week. During yesterday’s US trading session BTC dropped below the highly critical $10,000 level and has failed to reclaim it as we roll into another day’s trading. Bitcoin Drops Below $9,300 Since the weekend BTC has dumped 20 percent as the selloff accelerates. … Continue reading Bears Rejoice as Bitcoin Fails to Reclaim $10k and Targets Lower

Ethereum Falls by 20% as Bitcoin Taps $10,000, Is There Hope for ETH?

Ouch, Ethereum (ETH) isn’t looking too hot. In the past 24 hours, the cryptocurrency has lost 20%, while Bitcoin (BTC) has shed a relatively mere 10% in the same time frame. According to Three Arrows Capital’s Su Zhu, Monday’s performance was the “top single-day downward move” for Ethereum since January 1st of 2017 — youch. As of … Continue reading Ethereum Falls by 20% as Bitcoin Taps $10,000, Is There Hope for ETH?

Bitcoin Price Drops 5% But Rebound Likely, Charts Suggest

BTC has fallen more than $1,000 in the last 24 hours, establishing a bearish lower high at $12,061. A high-volume break above $12,061 is thus needed to revive the bullish view put forward by a bearish channel breakout seen in the 4-hour chart earlier this week. That would open the doors to $13,880. A move … Continue reading Bitcoin Price Drops 5% But Rebound Likely, Charts Suggest

Crypto Hot Cake Chainlink (LINK) Surges 270% in a Month, Is it Just FOMO?

There is no doubt that Bitcoin has been in the driving seat over the past couple of months. Its epic performance has eaten into the crypto markets to such an extent that altcoins are still largely on the floor. That is all except Chainlink which has literally shot for the moon this month. LINK Lashes … Continue reading Crypto Hot Cake Chainlink (LINK) Surges 270% in a Month, Is it Just FOMO?

Bitcoin (BTC) Price Correction Presents Another Buying Opportunity

After a strong rejection near $12,000, bitcoin price started a fresh decline against the US Dollar. A swing high was formed near $12,053 and recently declined below $11,800 and $11,400. There was a break below a major bullish trend line with support near $11,840 on the hourly chart of the BTC/USD pair (data feed from … Continue reading Bitcoin (BTC) Price Correction Presents Another Buying Opportunity

Invstr CEO: Facebook Will Have Anticipated Regulatory Scrutiny Over Crypto Effort

The CEO of a social investment firm believes that Facebook will have anticipated regulatory scrutiny. Kerim Derhalli of Invstr says recent issues for the social media giant will have prepared it well to deal with lawmakers with regards the crypto asset project. He also says that he thinks the project ambitious. This may force Facebook … Continue reading Invstr CEO: Facebook Will Have Anticipated Regulatory Scrutiny Over Crypto Effort

Four Figure Frenzy as Bulls Bounce Bitcoin Back By 20%

The long awaited correction target of thirty percent has been hit but yet again, Bitcoin has shown monumental resilience bouncing back by over $1,800 in a matter of hours. A buying frenzy at four figures resulted in a return to $11k as the correction seemingly came and went in one quick flash. Bitcoin Bounces Back … Continue reading Four Figure Frenzy as Bulls Bounce Bitcoin Back By 20%

Analyst: Tether Print Hints Strong Bitcoin (BTC) Recovery Back After $4,000 Fall

That’s right ladies and gentlemen, Bitcoin (BTC) has fallen to $9,800. This marks a 30% decline from the asset’s year-to-date high of $13,800 — a key technical resistance and support on Bitcoin’s long-term chart. As analyst Teddy Cleps points out, this foray under $10,000, the first of its kind in about ten days, puts BTC under an … Continue reading Analyst: Tether Print Hints Strong Bitcoin (BTC) Recovery Back After $4,000 Fall