Bitcoin Price Rebounds: 280 at Last?
In this morning's twice-daily bitcoin price watch piece, we published our thoughts on how the situation in Greece is affecting the bitcoin price, and suggested the levels that we would be keeping an eye on as we headed into today's European session. The premise was that action seen overnight yesterday may well just have been a temporary correction, and that if we could break above the level we had slated as in term resistance, we may well see further bullish momentum throughout the latter half of this week. As it happens, this scenario has played out, and we are now looking firmly to the....
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Recently, the Dogecoin price has been in decline, in part due to the recent Moolah scandal (Moolah had a strong presence within the Dogecoin community). But the Dogecoin price reversed course on Monday, rising nearly 20% after Twitch announced that they now accept Dogecoin as payment for their video game streaming subscription service. Also Read: Dogecar Driver Josh Wise Places 28th in NASCAR Talladega Race. Dogecoin Price Rebounds after Twitch Announcement. Upon hearing the announcement, investors immediately began rocketing up the Dogecoin price on exchanges. The Dogecoin price-which had....
Ethereum price has reached psychological resistance. If it breaks through that line, the next stop is likely to occur at the $20 point. Another increase in volatility can provoke the launch of a new Blockchain consortium, which Microsoft will join. ETH/USD. The growth scenario continues. The hidden reversal structure is still intact. The price has failed to form a reversal at the key level of $12.7; it has led to a new upward impulse. When a hidden reversal takes place, the majority of traders usually open their deals at the nearest key lines. The rebounds, in that case, tend to be....
Ethereum’s price has stopped before choosing a direction. What is to be expected? Which direction will Ethereum pick? After bouncing off the $11.4 resistance, Ethereum’s price failed to hold at that level. The buyers were more numerous. The $11.4 level is important because it’s the most profitable price for the Bulls. If one compares the rebounds of the upward trend, that becomes easy to notice. Most traders make their decisions at points exactly like that.
Bitcoin price has proved resilient in the face of bad news but traders expect crypto volatility ahead.
The analyst who correctly predicted a major drop in the LINK price earlier this September had eased his bearish bias on the cryptocurrency. Per the pseudonymous entity, LINK/USDT is in the middle of confirming a bottom after plunging by almost 63 percent from its YTD/record top at $20. The said downside move brought the pair […]