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Tag Archives: Bearish

IOTA Price: Ongoing Bearish Pressure Won’t Relent Soon

The uneasy situation across all cryptocurrency markets is till tangible at this point. So much even that it would appear another round of bearish pressure will materialize at any given moment. As is usually the case, some coins feel this pressure a lot sooner compared to others. For the IOTA price, things are not looking too impressive. IOTA Price Decline ...

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Cardano Price Analysis: ADA/USD Turned Bearish

Key Highlights ADA price declined sharply below the $0.2000 level and moved into a bearish zone against the US Dollar (tethered). There is a key bearish trend line formed with resistance at $0.1650 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair has to break the $0.1650 and $0.1700 resistance levels to start a substantial ...

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Ripple Price Analysis: XRP/USD Under Bearish Pressure

Key Highlights Ripple price came under a lot of pressure and declined below the $0.5800 support area against the US dollar. There is a new connecting bearish trend line forming with resistance near $0.5800 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more declined below the $0.5500 level in ...

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Bitcoin Price Watch: BTC/USD Bearish Below $7,000

Key Points Bitcoin price fell sharply and declined below a major support area at $7,000 against the US Dollar. There is a major bearish trend line formed with resistance at $6,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may perhaps correct a few points higher, but it could face sellers near $6,900 and ...

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Bitcoin Bull Tom Lee Refutes Bearish Sentiment, Predicts Further Gains

Tom Lee is back, with another round of Bitcoin bullishness on-air CNBC’s ‘Fast Money’ segment. PermaBull Tom Lee Appears on CNBC Fast Money On Monday, Tom Lee, long known as a cryptocurrency bull in the space, went on CNBC to dispel bearish sentiment against Bitcoin’s viability and more importantly, its price.  ‘Fast Money’ host, Melissa Lee, pointed out that bears held ...

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Bitcoin Price Watch: BTC/USD Turned Short-term Bearish

Key Points Bitcoin price extended its downside correction and declined below $7,400 against the US Dollar. There was a break below a major ascending channel with support at $7,520 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now trading well below the $7,550 pivot level and the 100 hourly simple moving average. Bitcoin ...

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Bitcoin Price Watch | BTC/USD Erases Gains, New Bearish Run Confirmed

This morning, Bitcoin erased yesterday’s gains and fell below the $7,500 price level. It’s currently trading in a range from $7,330 to $7,350. At the moment, Bitcoin is on another bearish run, testing a support of $7,300. However, the cryptocurrency is showing positive signs against the 100-day moving average, facing a barrier of $7,500 to $7,600. BTC/USD On New Bearish ...

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