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Tag Archives: Bearish

Tron [TRX/USD] Technical Analysis: Cryptocurrency continues its bearish woes as price stagnates

The cryptocurrency market’s sideways movement has been prevalent for an extended period of time, leaving many users and investors to wonder when a trend change will occur. The up-down movement has not spared even the top cryptocurrencies, including Bitcoin [BTC], XRP and Tron [TRX]. Tron, which has reveled in its …

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Bitcoin Futures Trading Under the Crypto’s Spot Price Indicates Market Still Bearish

It seems that the market is not so confident about Bitcoin’s recovery. At least there are some signs in the futures market that show that investors are not so sure about the future of the most popular digital asset. At the time of writing Bitcoin (BTC) is being traded around …

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Bitcoin (BTC) Price Analysis: New Bearish Channel Forming

Bitcoin is starting to trend lower since last week’s selloff, creating a descending channel with its lower highs and lower lows on the 4-hour time frame. Price is down to the mid-channel area of interest after recently bouncing off the resistance. A break below this near-term floor could spur a …

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Bitcoin Price Weekly Analysis: BTC’s Bullish and Bearish Scenarios Analyzed

Bitcoin price declined recently and traded below the $3,725 support against the US Dollar. There is a short term breakout pattern forming with resistance near $3,650 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair may soon make the next move either above $3,650 or …

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Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH Trendline

Markets and Prices The cryptocurrency markets have produced a slight retracement in response to bitcoin core (BTC) testing a long-term descending trendline dating back to December 2017’s record highs. The dip has seen bitcoin cash (BCH) slip back below $150, and BTC fail to hold above $4,000. As of this …

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Crypto Market Turned Bearish: Stellar (XLM), Bitcoin Cash, Tron (TRX), ADA Price Analysis

The total crypto market cap tumbled and declined more than $20.00B in the past 2 hours. Stellar (XLM) price is down more than 15% and tested the $0.1000 support. Bitcoin cash price tumbled 20% and broke the $150 and $140 support levels. Tron (TRX) trimmed most its recent gains and …

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Bitcoin [BTC] Price Breaks Bearish From Consolidation

Bitcoin Daily Chart – Source: Tradingview.com Bitcoin established a clear range early in the week and consolidated up until today. The range was established between $3900 and $4075, both of which have acted as resistance points in recent price action. Although price action surged on Sunday, it failed to surpass …

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$4000, Doji, Bearish Pennant, and EMA Resistance

The break above $4,000 has not really changed the interim bias of the bitcoin market. The cryptocurrency on Wednesday remained largely unchanged on its 24-hour adjusted timeframe. The news of a possibly peaceful end to the ongoing US-China trade talks allowed global markets to establish their fresh intraday highs. Investors, meanwhile, …

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Bitcoin Climbs Above $4,000, But Some Remain Bearish

Bitcoin, the largest digital currency by market capitalization, rallied above the $4,000 level recently and is up 1.86 percent the last 24 hours, but some crypto market observers remain bearish on the leading digital currency. Until the cryptocurrency that was once the toast of the town can resuscitate itself and …

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Russia’s Cryptocurrency Investing Appetite Surges Despite the Bearish Market of 2018

The International crypto markets may have been on a bearish trend for the better part of 2018 but Russia’s appetite for digital assets increased. Crypto enthusiasts in Russia dominated the Localbitcoins P2P platform transactions placing the Rubble among the top fiat currencies exchanged for digital currencies. Furthermore, crypto acquisition platforms …

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