Bitcoin Price Decline Slow But Steady
Bitcoin price continues labored decline. Optimistic buying intermittently pulls price to lower highs while the technical indications in favor of additional decline are compounding. The most recent lower high had formed reverse divergence in RSI (magenta annotation), and we can expect another wave down today. Bitcoin price decline continues with effort. For now we observe the price reaction at the 1hr 200MA (blue circle). The next reaction level is the up-sloping support line. If price breaks below this line, then the primary target is $404 (at the purple circle) and a secondary target at....
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Bitcoin price has found structural support in the chart and has started a tentative (but uncertain) advance. Caution into year-end. Price seems to have found support near $400 and 2600 CNY and has been making slow but steady advance in a pattern that is not yet clearly impulsive. It may still be a correction before drawing sideways or even setting up additional decline. Assuming for now that the decline is complete, and seeing that price is advancing, there is an imminent reverse divergence (magenta) to both the 1hr MACD and RSI awaiting price if it advances higher in the chart.
Bitcoin, among other coins, saw both an increase in price followed by a hefty decrease in price shortly after. Bitcoin broke $300 after nearly a month of steady price gains. Unfortunately, the price was not able to stay there for more than a couple of days and since then price has fallen. While the price has attempted on multiple occasions for reentry into $300, the highest Bitcoin has been this week $294. Price has continued to decline and seems to be hovering in the upper $270’s as of right now, equating to a 4% decline for this week. With a current price at $276.95, and 24-H volume of....
The Darkcoin price has not fared well recently, much to the chagrin of investors. Over the past few weeks, the Darkcoin price has experienced a steady decline, followed by a crash and brief recovery. CCN examines the Darkcoin price and analyzes its future outlook. Darkcoin Price Fell 20% This Week. Over the past seven days, the Darkcoin price fell 20%. The anonymity-branded coin had a price of $3.08 on August 24. However, the Darkcoin price continued its steady two-week decline by rippling down to as low as $2.29 on August 27. At present, the Darkcoin price rests at $2.42, according to....
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