Bitcoin (BTC) starts the last week of “Uptober” in a firmly average mood as the trading range to end all trading ranges continues to stick. After a welcome attempt to break out, BTC/USD remains bound to a narrow corridor now in place for weeks. Some of the lowest volatility in history means that Bitcoin has found a temporary function as a “stablecoin” — even some major fiat currencies are currently more volatile. The longer the status quo drags on, however, the more convinced… Source link

Alex Dovbnya Is Bitcoin finally on the verge of a much-awaited comeback? Scott Redler thinks another rally is about to ignite In a recent tweet, Scott Redler, a veteran professional trader, claims that another significant Bitcoin rally is about to ignite.  Redler believes that it is finally time for the largest cryptocurrency to surge higher.  At press time, the world’s largest cryptocurrency is trading at $19,330 after three consecutive days in the green.  The top cryptocurrency… Source link

On October 24, the Bitcoin price showed a bearish correction after getting rejected at the $19,700 resistance mark. In contrast, Ethereum is rising, gaining over 2% to $1,347 during the early Asian session. Major cryptocurrencies were trading bullish early on October 24, with a global crypto market cap of $931 billion on the previous day with a trading volume of $479 billion.  Let’s take a look at the top winners and losers so… Source link

Ethereum gained pace and broke the $1,320 resistance against the US Dollar. ETH is showing positive signs and might surge above the $1,400 resistance. Ethereum started a steady increase above the $1,320 and $1,330 levels. The price is now trading above $1,300 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rally before bitcoin if… Source link

Bitcoin price is grappling with the 20-day EMA at $19,440 after a twelve-hour candlestick close above it.  If BTC stays above $19,440, it will likely target the $22,048 level.  A daily candlestick close below the range low at $17,593 indicates the start of a bearish outlook. Bitcoin price produced a bullish candlestick over the weekend, allowing it to face off with a crucial hurdle. A breakout above this blockade could trigger a quick run-up to important levels,… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Litecoin shows a distinct lack of trend Buyers can wait for a move to the range lows, but Bitcoin could complicate matters Litecoin continued to trade within a range, as it has for the past five months. Technical indicators also showed a lack of strong momentum and buying volume in recent months behind Litecoin. With Bitcoin also trading just above an… Source link

Bitcoin (BTC) saw fresh gains on Oct. 23 as the weekend delivered a potential launchpad for the bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $10 million liquidations as Bitcoin steps higher Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it spiked above $19,500 as the weekly close approached. While modest, the $300 move punctuated otherwise flat trading behavior, Bitcoin notoriously rangebound on daily timeframes. Now, hopes were high that the market… Source link

An army of small Bitcoin (BTC) investors has been fighting with their larger counterparts for months to keep the price above $18,000. Bitcoin accumulation strong among fishes Notably, there has been some on-chain divergence between so-called whales (entities that hold more than 1,000 BTC) and fishes (entities that hold relatively smaller amounts of BTC) as Bitcoin continues to fluctuate inside the $18,000-$20,000 area. Bitcoin fishes have been accumulating BTC during the coin’s sideways… Source link

Considering the market condition, the level of success Big Eyes Coin(BIG) has gathered in the past weeks is almost dumbfounding. Firstly, it broke records by raising $1 million in the first week of the presale, a feat that caught a lot of investors by surprise. To top it all, the meme coin has sold close to 8 million dollars, and its newly found community of users is more bullish than ever. It is rare to see such success, especially in a bearish market. Big Eyes… Source link

Widely followed crypto analyst Michaël van de Poppe says rallies are imminent for Ethereum (ETH) challenger Avalanche (AVAX) and decentralized derivatives exchange protocol Injective (INJ). Van de Poppe tells his 636,000 Twitter followers that AVAX is flashing a bullish reversal signal as its RSI (relative strength indicator) is starting to creep up while the price continues to decline, suggesting that buyers are starting to gather steam. “Bullish divergence, expecting reversal… Source link