Ethereum crashed by 94% in 2018 — will history repeat with ETH price bottomin...
ETH's latest plunge could bring more pain despite expectations that $1,200 should hold. Ethereum's native token Ether (ETH) is showing signs of bottoming out as ETH price bounced off a key support zone. Notably, ETH price is now holding above the key support level of the 200-week simple moving average (SMA) near $1,196. The 200-week SMA support seems purely psychological, partly due to its ability to serve as bottom levels in the previous Bitcoin bear markets. Independent market analyst "Bluntz" argues that the curvy level would also serve as a strong price floor for Ether where....
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Solana's price can mimic Ethereum's impressive recovery after the 2018 bear market, analysts argue. Solana (SOL) still has room to fall in the near term, but SOL/USD can rally 5,000% if it follows in the footsteps of its top rival Ethereum. That Ethereum 2018 fractalSOL risks dropping to $15 on anticipations it would behave like Ethereum during the market crash in 2018.Notably, Ethereum's native token Ether (ETH) price fell to nearly $79 in December 2018 after undergoing a 95% correction earlier that year from its peak of $1,529. Afterward, it underwent a long recovery, rising nearly....
Dogecoin is set to complete its most bearish first quarter of the year in seven years with a quarterly loss of around 46%. This has raised the possibility of the foremost meme coin witnessing a repeat of the 2018 price action, when it recorded its worst Q1 loss ever. Dogecoin Set To Complete Most Bearish […]
The Dogecoin price has crashed over 12% in the last day, providing a bearish outlook for the foremost meme coin. This price crash has occurred due to several factors including the bearish sentiment following the White House Crypto Summit. Why The Dogecoin Price Has Crashed Over 12% CoinMarketCap data shows that the Dogecoin price has […]
Known Bitcoin whale JOE007 compared current market trends to November 2018 trends. Calling it November 2018 vibes. This was in reply to a tweet that called Bitcoin at $30K the new Bitcoin at $6K, referring to the market trends of 2018 when Bitcoin crashed after the bull market ended. Replying to the tweet, Joe tweeted; […]
Mark Twain said that history doesn’t repeat, but it often rhymes. Such a scenario could be about to play out in Bitcoin, according to a potential fractal that mimics the setup before a previous record-breaking rally. While the conditions aren’t quite the same for an exact repeat, there could be enough for the price action now and then to rhyme just enough. Let’s take a closer look. Record-Breaking Bitcoin Price Fractal Found, But Is It Valid? Markets are cyclical and patterns repeat in those markets so often, they can be used to predict the future. Most of the....