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Tag Archives: trend

Bitcoin Price Watch: BTC/USD Trend Overwhelmingly Bearish

Key Points Bitcoin price declined further and broke a key support at USD 6,300 against the US Dollar. There was a break below a contracting triangle with support at $6,310 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently under pressure and it remains at a risk of more losses below $6,200. Bitcoin ...

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Crypto Markets Budge Little, Bear Trend Shows Scant Signs of Reversal

Crypto markets are seeing little momentum today, June 28, as data from Coin360 shows, with price fluctuations of within a 2 percent range among all of the major cryptocurrencies. Market visualization from Coin360 Bitcoin (BTC) is trading around $6,099 at press time, down just a fraction of a percentage point over the 24-hour period. Earlier this week, on June 24, BTC ...

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Ethereum Price Analysis: ETH/USD’s Bearish Trend Intact

Key Highlights ETH price corrected a few points higher towards the $448-450 resistance against the US Dollar. Yesterday’s highlighted key bearish trend line is in place with resistance near $452 on the hourly chart of ETH/USD (data feed via Kraken). The pair struggled to move above $450 and the 100 hourly simple moving average, which is a bearish sign. Ethereum ...

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Dapp.com Set to Create a Trend Towards Decentralized Application Environment

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. San ...

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Dapp.com Set To Create a Trend Towards Decentralized Application Environment

San Francisco, June 26, 2018 — Dapp.com has been launched with the intent of creating new opportunities for developers of Dapp (Decentralized Applications) and blockchain enthusiasts. They aim to create a new scope for technology exploration, project reviews, and play around with upcoming technologies. Kyle Lu, the founder and CEO of Dapp.com, was a former Partner and VP at Achain, an Asia-based blockchain ...

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Current Bear Trend ‘By No Means’ Funeral for Bitcoin

The current bear market is not a funeral for Bitcoin (BTC) “whatsoever,” CEO of BKCM LLC investment firm Brian Kelly said on CNBC’s Fast Money segment June 22. We tried to have a funeral for #Bitcoin as it fell below $6K, but @BKBrianKelly is still a believer. Here’s why he thinks the cryptocurrency will resurrect pic.twitter.com/B8ozbzPsfJ — CNBC’s Fast Money ...

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Bitcoin Price Trend in 2018 is Nearly Identical to Previous Movements

Some cryptocurrency community members believe that a piece of historical technical analysis indicates that Bitcoin’s price could be headed upwards real soon. Historical Technical Analysis Methods: Wyckoff Method According to a post put together by Reddit user, “CryptoPorto,” Bitcoin’s price could be mirroring the hypothetical chart of a strong price reversal. The chart which the Reddit user used (shown below) ...

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Bitcoin Price Breakout Days Away, Long-Term Trend Bullish: Analyst

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Bitcoin’s price has bottomed and will break out over the next few days. That’s what Robert Sluymer, head of technical strategy at Fundstrat Global Advisors, predicts. Sluymer doubled-down on his earlier projection that positive momentum is building for the top cryptocurrency by market cap, and a price spike ...

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