Bitcoin reversal or further downside? The answer is thought-provoking

Bitcoin's price trajectory has taken a full-blown hit.

Algorand: Despite mild strength, bears could force reversal at this level

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. A few days ago, FIFA announced Algorand to be its official bloThe post Algorand: Despite mild strength, bears could force reversal at this level appeared first on AMBCrypto.

Bitcoin price hits 10-week lows as $40K spike becomes 'nasty bull trap'

A full reversal and then some for BTC means that bulls are coming to terms with months of ground given up. Bitcoin (BTC) hit its lowest level in over two months later on May 5 as Wall Street trading saw volatility return with a banGBTC/USD 1-day candle chart (Bitstamp).

End of Bear Market Approaching for Chainlink (LINK), Says Crypto Analyst – Here’s His Reversal Scenario

Popular crypto analyst Michaël van de Poppe thinks the end of the bear market is near for decentralized oracle network Chainlink (LINK) and other struggling altcoins.

Ethereum eyes mini breakout above $3K as Coinbase ETH outflows hit new record

Macro headwinds continue to hamper Ethereum's long-term upside prospects. Ethereum's native token Ether (ETH) is poised for a mini bull run above $3,000 primarily due to a classic bullish reversal pattern on its shorter-timeframe chart, and a huge spike in ETH outflows from Coinbase.ETH price forming falling wedgeETH's price has been forming a falling wedge pattern since late March 2022, which raises its prospects of undergoing a breakout move in May.Falling wedges appear when the price trends lower inside a range defined by two descending, contracting trendlines.

Crypto Trader Issues Bitcoin (BTC) Alert, Says Capitulation May Be Incoming – Here’s His Target

Widely followed crypto analyst Benjamin Cowen says that a strong capitulation for Bitcoin might be needed before traders can start talking about a bullish reversal.

Bitcoin ‘bear market’ may take BTC price to $25K, says trader with stocks due capitulation

It could still go either way for Bitcoin price action, but one analyst believes Bitcoin is already coming out on top versus equities. Bitcoin (BTC) may continue its “bear market,” one trader says amid hope that a US dollar reversal could soon improve BTC price action.In his latest YouTube update on May 2, Cointelegraph contributor Michaël van de Poppe argued that USD’s current surge would not last long.Dollar strength reversal "close"Bitcoin is still under pressure as stocks and crypto alike face the reality of a major policy flip from the US Federal Reserve.

On-Chain Data Quietly Signaling Bitcoin (BTC) Bullish Reversal Brewing, According to Top Crypto Analyst

Bitcoin (BTC) may be gearing up for a bullish reversal if on-chain metrics are any indication, according to popular crypto analyst Michaël van de Poppe.

3 reasons why Dogecoin price can now gain 50% by September

Yes, Elon Musk's Twitter acquisition is one of them. At least three market catalysts show that Dogecoin (DOGE) could climb by at least 50% by the end of Q3/2022.Falling wedge breakout in playDogecoin has been painting a "falling wedge" pattern on its longer-timeframe charts since May 2021, hinting at potential for a bullish reversal in the coming months.Falling Wedges appear when the price trends lower inside a range defined by two descending, converging trendlines.

ApeCoin: Assessing the odds of a reversal post a near 90% rally in 10 days

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After a solid plunge in April's first week, buyers re-entered The post ApeCoin: Assessing the odds of a reversal post a near 90% rally in 10 days appeared first on AMBCrypto.

NEAR, Monero, Filecoin Price Analysis: 27 April

Bitcoin’s reversal from its 4-hour 200 EMA at $42K pulled the world’s largest digital asset back toward the $38,000 mark.

ApeCoin (APE) Flashing Signs of Bearish Trend Reversal, According to Analytics Firm Santiment

A leading crypto analytics firm says ApeCoin (APE) is flashing a few metrics that indicate it could be nearing the end of its price rally.

What AVAX's breach of its support means for a possible reversal

AVAX recently broke through its support during the bearish market conditions that prevailed over the last few days.

MATIC could rise toward opposite end of this range and investors should...

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice MATIC dived toward $1.26, but its reversal was just as quick iThe post MATIC could rise toward opposite end of this range and investors should...

Bitcoin Cash: With accumulation outstanding, is it BCH's bulls karaoke time

Bitcoin Cash (BCH) might be on the verge of a macro trend reversal.

Axie Infinity: This new bullish divergence may trigger a near 75% upswing

Axie Infinity price approaches an oversold condition that hints at a reversal in trend favoring the bulls.

Shiba Inu's price action hints at an explosive rally thanks to this pattern

Shiba Inu price has been on a consolidation rally for more than three months and is sitting inside a massively bullish, bottom reversal pattern.

Top Trader Warns Extended Bitcoin Bear Market Coming Before Reversal – Here’s His Timeline

A veteran crypto trader is taking to the charts to assess the road ahead for Bitcoin (BTC) as the leading cryptocurrency’s latest rally wanes.

Bottom Is In and Reversal Underway for Bitcoin (BTC), According to Top Crypto Analyst

A popular crypto trader thinks Bitcoin (BTC) has hit its local bottom and is “building a base” for a reversal in trend.

Monero [XMR] could see more gains soon thanks to this level's reversal

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Monero had a short-term bullish market structure, and it flippThe post Monero [XMR] could see more gains soon thanks to this level's reversal appeared first on AMBCrypto.

A possible Ethereum [ETH] price reversal will have to count on the following

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice As anticipated by a previous article, Ethereum (ETH) glimpsed The post A possible Ethereum [ETH] price reversal will have to count on the following appeared first on AMBCrypto.

Crypto Market Turnaround Coming? Analytics Firm Says Spike in This Metric Triggers Trend Reversal

A leading crypto analytics firm says that a correlation exists between cryptocurrency prices and inflation levels.

Bitcoin price drops to $39K, but data shows leverage traders dreaming of $50K

Multiple factors are pushing BTC price below $40,000, but derivatives data shows pro traders are neutral, and holding out hope for a quick trend reversal.

RUNE could be due for a heavy retracement thanks to this top reversal setup

RUNE's price has formed a top reversal pattern on the 2-day chart and it further hints at a massive correction.

Could FTT be signaling a trend reversal at the back of Coachella’s partnership

FTX is well known for its marketing strategies.

ApeCoin risks another massive selloff as APE drops 70% in two weeks — Here's why

Inflation risks grapple the newly-launched ApeCoin as it paints a classic bearish reversal pattern. A euphoric price rally by ApeCoin (APE) seen in mid-March appears to be exhausted already thanks to the coin's 70% drop in valuation in the past two weeks — and it may fall further in April.At the core of this bearish outlook is a rising wedge, a technical pattern that forms as the price consolidates upward inside a range defined by two converging ascending trendlines.

Shiba Inu [SHIB] - The case in favour of a 24% upswing

Shiba Inu's price has completed a bottom reversal pattern over the course of three months and five days.

Why SAND still holds promise despite a reversal playing out on the charts

For over seven weeks, SAND found an oscillating range between the $2.7 and $4.8-mark.

Bitcoin to $58K next? A 2019-like 'reversal ascending triangle' hints at more upside for BTC

BTC price charts suggest that $52,500 should be a very challenging resistance level to flip. A sharp reversal in the price of Bitcoin (BTC) out of an otherwise bearish technical setup has raised its chances of reaching $58,000 in Q2.Bitcoin price bottoming out?On the daily timeframe, Bitcoin broke out of its ascending triangle on March 27 to the upside, bringing the much-anticipated level of $50,000 within its range.

Dogecoin signals bottoming out as DOGE rebounds 30% in two weeks — What's next?

DOGE's price could swell by more than 150% on a classic bullish reversal setup known as the falling wedge. A brutal correction witnessed in the Dogecoin (DOGE) market between May 2021 and February 2022, which saw the price dropping by almost 85%, appears to have come to a halt this month.DOGE/USD rebounds 30% in two weeksDOGE experienced strong dip-buying when its price crashed to levels around $0.10 two weeks ago, resulting in a 30% rebound move to $0.14 as of March 27.