The Bearish Signal Ethereum Bulls Need To Fear
Ethereum is above $4,000 and has hit a price level that’s nearly three full times the altcoin’s previous all-time high set years earlier. But could a full year’s worth of incredible profits and ROI be potentially leading bulls right off a cliff? Several potentially bearish signals have appeared on Ethereum price charts that could suggest […]
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Bitcoin price is pulling back from highs set earlier this week and fear is already setting in over another potential drop. Although the top cryptocurrency is bullish according to most technicals and fundamentals, last night’s daily close left a bearish signal on the BTCUSD price chart that could suggest the fear is warranted. If the bearish candlestick signal is valid and confirms, a sharp pullback could reset the recent rally almost completely. Here is a closer look at the potential “gravestone doji” and why it could put the nail in the coffin on the latest push by....
Ethereum (ETH) has been stuck in a tight range, trading below $1,900 and above $1,750 after days of heavy selling pressure. The broader crypto market remains under stress, with fear dominating sentiment and keeping ETH from regaining momentum. Related Reading: Dogecoin Network Activity Surges 47% In A Month – What’s Next for DOGE? The downturn is largely driven by macroeconomic uncertainty and escalating trade war fears, which have shaken both crypto and the U.S. stock markets. As investors brace for further volatility, some fear that the market is setting up for a deeper correction.....
According to Santiment, XRP is seeing its highest level of retail fear, uncertainty and doubt in six months. That surge in negativity is being read by some analysts as a contrarian signal — fear on the street could come just before a turnaround. Related Reading: XRP Open Interest Nears $3B As CEO Sees $10B ETF Inflows Ahead While traders grumble, on-chain data shows crowd mood tipping toward worry, and Santiment points out that when retail panic grows, markets have a habit of moving in the opposite direction. Retail Fear Hits Six-Month High Based on reports from the blockchain analytics....
Bitcoin is likely to enter a bearish market as a never-before wrong signal just got triggered. Bitcoin Headed Towards Bear Market? As pointed out by a pseudonymous trader on Twitter, there is a certain signal that has consistently been right in the previous BTC cycles. The signal in question is the Super Guppy indicator, a […]
Bitcoin price has taken a beating over the last several months, resulting in the worst quarterly close since 2011. The bearish momentum has been brutal as crippling contagion spreads across the cryptocurrency market. However, bearish momentum on weekly timeframes has begun to weaken, providing bulls with their first opportunity to capitalize in some time. Bitcoin Bearish Weekly Momentum Begins To Weaken, Can Bulls Capitalize? In the real world, momentum is the measure of velocity and mass. In finance, the term describes the rate of speed at which an asset’s price changes. Considering....