The Analyst Team

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Stats Has written 15 posts about cryptocurrency

Nov 23 2020

Litecoin Bulls Breach February Yearly High, Heading for $100

Nov 23 2020 Published at Crypto Briefing under tags  markets

Litecoin has surged to a new 2020 trading high after breaking past the February 2020 high with relative ease. The strong bullish momentum LTC experienced last week could easily spill over into this week as institutional investors turn to the Bitcoin fork as an...

Nov 20 2020

Bitcoin Near-Term Outlook Favors Bulls as Stimulus Talks Resume

Nov 20 2020 Published at Crypto Briefing under tags  markets stimulus trading

An increase in short-term bullish BTC momentum has been underway since news broke that U.S. stimulus talks are back on the table. The news comes as...

Nov 16 2020

Ethereum Bulls Facing Stiff Resistance Despite ETH 2.0 Fervor

Nov 16 2020 Published at Crypto Briefing under tags  markets trading

Ethereum incurred a near-term price slump over the weekend after momentum stalled around the $475 resistance level. The ETH/USD pair has subsequently recovered back above the $450 level and found strong support from just below the $440 level. With the...

Nov 12 2020

Bitcoin Resumes Relentless Bull Run, Breaks $16,000

Nov 12 2020 Published at Crypto Briefing under tags  markets trading

Bitcoin exploded past the $16,000 resistance level earlier today, hitting $16,169 and marking a new 2020 high. Bitcoin Slices Through Key Resistance The bellwether cryptocurrency has limited technical resistance...

Nov 06 2020

On-Chain Data and Technicals Signal Further Gains for Bitcoin

Nov 06 2020 Published at Crypto Briefing under tags  markets trading

Bitcoin continues to prove its undeniable value as an alternative treasury asset, as the cryptocurrency rallies in the face of election uncertainty and broad-based weakness in the U.S. dollar....

Nov 04 2020

Bitcoin Traders Braced for Political Cliffhanger, Whales Flood Exchanges

Nov 04 2020 Published at Crypto Briefing under tags  markets trading

Bitcoin has begun to edge towards the lower end of its weekly trading range as crypto traders anticipate an increasingly tight U.S. election result. Such a contentious finish may even result in a protracted...

Nov 02 2020

Bitcoin Bulls May Concede Ground Amidst US Election Jitters

Nov 02 2020 Published at Crypto Briefing under tags  elections markets trading

Bitcoin is set for its most important trading week since May's halving event, as crypto participants brace themselves for the uncertainty surrounding the upcoming U.S. election result. Bitcoin Bulls Take Breather Before U.S. Elections The pioneer cryptocurrency posted its second-highest monthly price close on record last month while...

Oct 30 2020

A Break Below This Support Would Send Ethereum Into a Spiral

Oct 30 2020 Published at Crypto Briefing under tags  markets trading

Ethereum is facing fresh sell pressure after the cryptocurrency failed to make a new monthly high earlier this week, incurring a heavy technical rejection from the $412 resistance zone. Failure...

Oct 28 2020

Bitcoin at Tipping Point as BTC Bulls Test 2019 Highs

Oct 28 2020 Published at Crypto Briefing under tags  markets trading

Bitcoin continues to set new yearly trading highs daily, with the latest rally falling just short of $13,863. The latest run-up marks BTC's highest trading level since Jun. 24, 2019. Previous BTC bullish rallies have been preceded by healthy corrections or sudden trend changes. But with institutional investors currently buying up the...

Oct 26 2020

Ethereum Facing Large Price Move, According to On-Chain Data

Oct 26 2020 Published at Crypto Briefing under tags  markets trading

Ethereum has been consolidating for the last three trading days after buyers failed to break above key short-term resistance near the $420 level. Now, on- chain analysis reveals that buyers are preparing for a second attempt. Ethereum Prepares to Break Out...

Oct 22 2020

Bitcoin Pullback on Horizon as Key Indicator Flashes Overbought

Oct 22 2020 Published at Crypto Briefing under tags  markets trading

Bitcoin surged to a 16-month trading high on Wednesday as the pioneer cryptocurrency finally broke across $13,000. Bitcoin Breaches Yearly Highs, But for How Long? The top crypto then blew past the psychological $13,000 level following the...

Oct 20 2020

Bitcoin Prepares to Set New 2020 Trading High at $12,000

Oct 20 2020 Published at Crypto Briefing under tags  markets

Bitcoin has risen by more than 3% since the weekly price open as the pioneer cryptocurrency trades within touching distance of the psychological $12,000 resistance level. The surge in BTC came after Federal Reserve Chair, Jerome Powell,...

Oct 19 2020

Critical Ethereum Pullback Offers Sidelined Investors Entrypoint

Oct 19 2020 Published at Crypto Briefing under tags  markets trading

Ethereum staged a notable price pullback alongside Bitcoin last week after the largest altcoin failed to break above its critical monthly resistance at $390. ETH was primarily weighed down by negative sentiment surrounding the cryptocurrency exchange OKEx...

Oct 16 2020

Bitcoin Bullish Momentum Cools as Stimulus Halts, OKEx Pauses Trading

Oct 16 2020 Published at Crypto Briefing under tags  markets trading

Bitcoin is facing downside pressure in the near-term, following a stalemate in U.S. stimulus talks. BTC is also struggling to get out from under the unexpected news that the cryptocurrency...

Oct 12 2020

Another CME gap? Why Bitcoin Traders Should Care

Oct 12 2020 Published at Crypto Briefing under tags  markets trading

Bitcoin's rise towards the $11,500 level over the weekend has created a notable price gap on the BTC CME futures chart, leaving the possibility of a pullback in early-week trading to fill the...

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