Cryptohopper Newsletter Market Analysis Another week of trading means another week of ranging in the Crypto market. Bitcoin is still unable to break the resistance at $10,500, while still holding on to the support. Usually, a long period of stability is followed by a period of volatility. Therefore it can be expected for BTC to make a significant move in the...
Cryptohopper Newsletter Market Analysis After a 20% crash a week ago, Bitcoin is again testing the resistance around $10,000. Should this resistance break, $11,000 will probably be the next price target in this bull run. Even if the price does not break the resistance at $10,000, it still provides us with many opportunities for some very profitable swing...
Cryptohopper Newsletter Market Analysis The most significant event in the Crypto space has occurred this week, the Bitcoin Halving! Since yesterday the supply of newly mined Bitcoin has been reduced in half, consisting of 900 BTC per day, as opposed to the previous 1,800. Many traders are expecting Bitcoin to surge in value significantly over the next one to...
Cryptohopper Newsletter Ethereum just like the entire crypto market has been very bullish over the past week, gaining over 35% . When the Crypto Market is bullish and has a clear direction, trend following indicators and momentum indicators become very useful and can offer very profitable trades. We will now jump into how you can trade ETH and the Crypto...
Cryptohopper Newsletter Bitcoin has been consolidating over the past week as its bullish uptrend has somewhat stalled. During a consolidation phase, it is harder to make a profit as moves are less volatile and are usually short-lived. This is even worse if you use a trend-following indicator; by the time your trend following indicator signals a buy, the market...
Cryptohopper Newsletter Bitcoin’s rebound seems to have slowed somewhat, with a correction of more than 10%. However, the price now appears to be pushing higher again and is close to this month’s high. Depending on the kind of momentum indicator you have selected, you might or might not have taken advantage of this opportunity. In this week of technical...
Cryptohopper Newsletter BTC has continued its rebound, and it is now 90% up from its lows this year at 3,800$. With the halving about a month away, many BTC enthusiasts and investors expect the price of the asset to continue its uptrend. Today we will examine the past two halvings and give out our predictions for how the third halving will play out based on...
Cryptohopper Newsletter The market has been very volatile over the past month with Bitcoin crashing 65% to 3,800$ . The price has since made an astonishing 80% recovery in one week from March 13th until the 20th. Following the recovery to almost 7,000$; the price has continued to range between 6,900$ and 5,600$. During the crash, many traders have attempted...
Cryptohopper Newsletter Chart Bitcoincash has made a swift recovery of over 70% from its lows this year on the 13th of March. The markets have been very volatile over the past month, and Bitcoincash is no exception. Over the past days however, the price has entered in a consolidation phase between $180 and $225. Trend following indicators tend to work...
Cryptohopper Newsletter Chart Bitcoin has retested the support at 8,500$ after having dropped more than 20% from this year’s high two weeks ago. The price is now moving higher and retesting the resistance at $9,000 Trade with the trend Bitcoin has some of the most spectacular swings out of all the assets in the world. It can rise hundreds of % in an uptrend...
Cryptohopper Newsletter Chart Ethereum has had an astonishing 132% growth from the beginning of 2020 to its highs on the 15th of February when it reached 290$. However, now the bears are in control of the market as the coin has already l ost a quarter of its value from this year's high . After this year’s highs have been reached, the price consolidated for...
Cryptohopper Newsletter Chart The Bitcoin price has had an astonishing beginning of the year. Currently, it has increased over 40% but it has even reached more than 55% when the price tested $10,500. The bearish medium-term trend that Bitcoin was having after reaching $13,800 in June seems to be over with this bull run. The third Bitcoin halving can be having...
Chart The market is peaking again. Most of the altcoins have been having double-digit increases and most of them have outperformed Bitcoin , which has led to a couple of weeks of good alt trading. This week’s analysis shows the Bitcoin’s bull run during the last month. It’s possible to separate two different clear phases in the chart: a range and an uptrend....
Chart This week’s coin is XRP . In the chart, we can see Ripple’s evolution for the last two months, a period of time in which it has increased by over 50% . During the second half of December and the beginning of January, XRP had been ranging and having very low volatility. However, as of 6 of January, the demand started to appear in this market and the...
Chart The cryptocurrency market has started to peak again the month and it seems like the consolidation phase is starting to reach its end. In the chart, we can see two lines, the green ones that depict the price of XRP against the stable coin USDT, and XRP against the unstable coin BTC. As we can see in the chart, the XRP/USDT line has increased by 25% during...
Chart 2020 is the halving’s year and the crypto community is putting its expectations on Bitcoin as the cryptocurrency that will lead the rest of the market to new historical highs. Bitcoin is currently undertaking a consolidation process after the bull run that it had from April to June 2019. Every trader is formulating the same question: When is this...
Chart In this week’s analysis, we are analyzing two Ethereum markets . The first with a stable coin: ETH/USDT , and the second one Bitcoin-based: ETH/USD . That is, a stable base coin vs an unstable base coin. The chart shows exactly one month in both charts, from December 18th to January 18th. During this month, the Bitcoin price has increased by 38% and the...
Chart The year 2020 has started and the crypto community has received it with open arms . This year is full of important events for the crypto industry, being the most-awaited and important one the Bitcoin halving taking place in May. In April 2019, the BTC price finally broke very key resistances and the bulls woke up after a long rest. The year 2019 has...