Page 9«..891011..20..»

Category Archives: Survivalism

Ripple Is On The Verge Of A New Rally According To Analysts – Somag News

Posted: February 27, 2020 at 1:16 am

The last few days in the cryptocurrency market have not been very good. The market faced bearish pressure due to huge losses in Bitcoin, Ethereum and XRP.

Especially in this process, Ripple (XRP) fell hard. Popular altcoin fell from its $ 0.34 peak to $ 0.26. With this decline, the bull run in the midway caused negative feelings about cryptocurrency, but despite the losses given, analysts believe that XRP can resume the bull run and bring the bulls back to its ranks.

Preparing for XRP IncreaseThe popular crypto analyst CJ has suggested that signs of the XRP chart may experience a strong upward leap shortly afterwards.

In the chart he shared, the analyst stated that XRP has come to the end of the falling wedge pattern over the past two weeks and is prepared to break upwards. Saying that the support area of the falling wedge is $ 0.24, CJ expects XRP to break this formation up to $ 0.35.

He also shared with you that there is a signal coming from the indicator that XRP will make 1000%, and the popular cryptocurrency analyst HODL2100K on Twitter has announced that the IchiEMA indicator has signaled to buy on the weekly chart of the cryptocurrency. With this signal, XRP had seen an enormous rally from $ 0.20 to $ 3 at the end of 2017.

Another popular cryptocurrency analyst, Financial Survivalism, stated in its latest analysis that XRP will reach $ 0.70 in the short term. On the other hand, technical analysis guru Peter Brandt, who has tried a new analysis method on XRP, thinks that the cryptocurrency will decrease by 23% to $ 0.2071.

See original here:

Ripple Is On The Verge Of A New Rally According To Analysts - Somag News

Posted in Survivalism | Comments Off on Ripple Is On The Verge Of A New Rally According To Analysts – Somag News

West Ham need something drastic to kickstart a revival they might not get it in the Premier League – FourFourTwo

Posted: January 25, 2020 at 2:13 pm

Before West Hams game against Everton on Saturday, when hundreds of home fans gathered to protest against the state of their club under the current owners, you could be forgiven for expecting that another afternoon of rage, rebellion and toxicity at the London Stadium.

Insteadthough, the mood was a more apt one of dejection and disinterest. Issa Diop put the home side ahead in the first half, Dominic Calvert-Lewin equalised shortly afterwards, and the rest of the game played out to an atmosphere that landed somewhere between misery and melancholy. If West Ham fans - whose protest marked a decade in the ownership of Davids Gold and Sullivan - are grieving the state of their club, then they are becoming dangerously close to reaching the acceptance stage.

They mustnt allow this to happen although they can hardly be blamed for having their enthusiasm whittled away by grim pursuit of season-on-season survival that seems to have become their clubs new MO. Thankfully theres an obvious way to put a stop to that. Whisper it, but could West Hams best hope lie in relegation?

Clinging on to Premier League status has not prevented them from becoming that most ominous type of club: one that turns good players bad. Sebastien Haller, Pablo Fornals, Joao Mario, Andre Ayew and Jose Fonte are just the most obvious examples from recent years of players whose evident talent seems to have been drained out of them upon joining West Ham.

There is a common denominator here. And as much as the owners might argue otherwise, the problem is not bad decisions made in isolation but a deep-seated culture of mediocrity that infects even the brightest talents. There have been successes, most notably Dimitri Payet and Marko Arnautovic. Yet they both responded to their own blossoming by seeking new employment and downing tools accordingly. That is hardly a trend that reflects well on the club, nor one that screams sustainable success.

From the outside looking in, West Ham doesnt just seem like a badly run club, but a club that has completely forgotten how to enjoy itself. Even interpreted in the most generous light, the recent re-hiring of David Moyes carries an unmistakable undertone of joyless pragmatism.

In this sense, the failed experiment that was Manuel Pellegrini elicits some sympathy, in that he was in many respects the right idea exotic, progressive, high-pedigree, risk-taking but with one inescapable pitfall: he has all the personality of a garden shed. And its personality, more than investment or footballing talent, that West Ham have so desperately lacked of late.

Go back as far as two decades, and West Hams roster of permanent managers Roeder, Pardew, Curbishley, Zola, Grant, Allardyce, Bilic, Moyes, Pellegrini, Moyes reads dangerously like a whos who of cheerless drones. That list of names would be far from ideal for any aspirational mid-ranking club, let alone one whose self-image contains a certain amount of thrill-seeking glamour.

Relegation would allow the club to escape the clutches of this means-to-an-end misery and invest fully in a manager who can be given the time and scope to build something from the bottom up. The he knows how to keep a club in the division argument would be mercifully redundant, opening up a whole new tranche of candidates who are distinguished by ambitious excellence rather than gritted-teeth survivalism: Paul Warne, Michael Flynn, Lee Johnson. And thats before you look abroad, as has worked so well for Norwich and Leeds (Marcelo Gallardo, anyone?). It would also afford them the vital luxury of being able to get this decision wrong without it being the cue for impending armageddon.

Broadcasting money lost out on by their disappearance from the top flight would be somewhat offset by the divisions famously generous parachute payments: 55% of equal-share broadcast revenue in the first year after going down, then 45%, then 20%. West Ham also have the added benefits of being based in London a draw for many high-pedigree players and of a stadium that brings in a matchday revenue of 27.1m (the typical figure for Championship clubs hovers between 5-10m, Leeds boasting the divisions highest with 17m).

Going down might be a bleak experience in the short-term, but beyond that it could be exactly the jolt of life West Ham need, not least because the ensuing campaign would be one they could spend looking upwards rather than nervously over their shoulders.

West Ham United: RIP 1895-2016 read one banner on Saturday. Its not survival that the club needs its revival.

While youre here, why not take advantage of our brilliant subscribers offer? Get the games greatest stories and best journalism direct to your door for only 10.25 every three months thats just 3.15 per issue! Save money with a Direct Debit today

NOW READ...

QUIZCan you name the top three all-time goalscorers for every current Premier League club?

COMMENTIf Manchester United actually wanted a director of football, they would have one. So what's stopping them?

GUIDEPremier League live stream best VPN: how to watch every game from anywhere in the world

New features you'll love on FourFourTwo.com

See the article here:

West Ham need something drastic to kickstart a revival they might not get it in the Premier League - FourFourTwo

Posted in Survivalism | Comments Off on West Ham need something drastic to kickstart a revival they might not get it in the Premier League – FourFourTwo

Lost in Space Season 3 Releasing on Netflix and Dr. Smith Will Return – Honk News

Posted: at 2:13 pm

Lost in Space season, two appeared on Netflix on Christmas Eve 2019 with ten new scenes. Many have watched all the most recent scenes and need to know whether there will be another arrangement.

Lost in Space is a knotty reevaluating of the religion 60s arrangement will be back. Season two considered the To be family as they endeavored to land at Alpha Centauri and meet the other Earth voyagers. Regardless, by and by, various spanners were hurled in progress.

Netflix directly cant avow whether the show will be returning for another season. As the show marginally turned out, its too early for any recommission news right now.

The US spilling stage gave season two the green light a month after the principal trip turned out, so there could be a statement days after the fact.

There are most likely going to be ten new scenes like the underlying two outings yet again, fans ought to kick back and watch.

Season two turned out just under the wire for Christmas on December 24, 2019, while the subsequent trip was dropped on Netflix on April 13, 2018.

As indicated by this, season three is well while in transit to turn out eventually in 2020.

There was a period bob between the first and second seasons, so there could be a similar time with a potential third season.

Lost in Space revolves around the experiences of the Robinson family Maureen, John, and their three children as they cross space. Exactly when an outcast robot deals their spaceship, regardless, they tumble into a wormhole, and the Robinsons should clear.

Meanwhile, they ought to in like manner battle with June Harris, a criminal sociopath who acts as the benevolent Dr. Smith to crush their focal objective.

Season two sees the family sent to a complex grandiose framework by untouchable development, to a detect that the Robinsons had as of late been forewarned was uncommonly dangerous. The arrangement modifies twisty sci-fi survivalism with the relieving vibes of a family show.

The supporting cast is most likely going to make a bounce back as the show wouldnt be the equal without the Robinson family at its heart. This suggests Molly Parker will be back as key and mother Maureen Robinson.

While James Bond and Black Sails on-screen character Toby Stephens is rehashing his activity as father and past Navy Seal John Robinson, youth performer Maxwell Jenkins will be back as the loveable Will Robinson.

Read the original:

Lost in Space Season 3 Releasing on Netflix and Dr. Smith Will Return - Honk News

Posted in Survivalism | Comments Off on Lost in Space Season 3 Releasing on Netflix and Dr. Smith Will Return – Honk News

When Is Lost In Space Season 3 Coming Out On Netflix And Dr. Smith Returning Possibilities – The Digital Wise

Posted: at 2:13 pm

Lost in Space season, two showed up on Netflix on Christmas Eve 2019 with ten new scenes. Many have observed all the latest episodes and need to know whether there will be another series. Lost in Space is a lumpy reconsidering of the cult 60s series will be back. Season two considered the To be family as they attempted to arrive at Alpha Centauri and meet the other Earth travelers. In any case, once again, numerous spanners were tossed in progress.

Netflix presently cant seem to affirm whether the show will be returning for another season. As the show just barely turned out, its too soon for any recommission news at this time.

Source: Screen Rant

The US streaming stage gave season two the green light a month after the first trip turned out, so there could be a declaration days later.

There are probably going to be ten new episodes like the initial two excursions yet once more, fans should sit back and watch.

Season two turned out in the nick of time for Christmas on December 24, 2019, while the second outing was dropped on Netflix on April 13, 2018.

According to this, season three is well on the way to be turning out sooner or later in 2020.

There was a period bounce between the first and second seasons, so there could be a comparable timeframe with a potential third season.

Lost in Space centers around the adventures of the Robinson family Maureen, John, and their three kids as they cross space. At the point when an outsider robot bargains their spaceship, in any case, they tumble into a wormhole, and the Robinsons must clear.

In the meantime, they should likewise fight with June Harris, a criminal sociopath who acts like the kindhearted Dr. Smith to destroy their central goal.

Season two sees the family sent to a complex cosmic system by outsider innovation, to a spot that the Robinsons had recently been cautioned was exceptionally hazardous. The series adjusts twisty science fiction survivalism with the soothing vibes of a family drama.

The supporting cast is probably going to make a rebound as the show wouldnt be the equivalent without the Robinson family at its heart. This implies Molly Parker will be back as strategic and mother Maureen Robinson.

While James Bond and Black Sails on-screen character Toby Stephens is repeating his job as father and previous Navy Seal John Robinson, youngster entertainer Maxwell Jenkins will be back as the loveable Will Robinson.

See the original post here:

When Is Lost In Space Season 3 Coming Out On Netflix And Dr. Smith Returning Possibilities - The Digital Wise

Posted in Survivalism | Comments Off on When Is Lost In Space Season 3 Coming Out On Netflix And Dr. Smith Returning Possibilities – The Digital Wise

The Best And Worst Of WWE NXT 1/15/20: Survivalism – UPROXX

Posted: January 18, 2020 at 11:24 am

Previously on the Best and Worst of NXT: The Dusty Rhodes Tag Team Classic kicked off, the womens division showed out, and Johnny Gargano cut a John Cena-esque promo. Fine speech, indeed.

If youd like to read previous installments of the Best and Worst of NXT, you can do that here. Follow With Spandex on Twitter and Facebook. You can also follow me on Twitter.

And now, the Best and Worst of WWE NXT for January 15, 2020.

Hes on vacation! Im Scott Heisel. I write for this website too. In fact, I wrote the B&W of NXT column from 2017-2018. Good to see you again! Lets get into it.

This weeks NXT starts off with Keith by god Lee, who is still massively over and is headed into a North American title match next week with Roderick Strong. So, of course, Lee is almost immediately interrupted by the Undisputed Era, who puts a beating on him, in heaaaaaavy quotes. Seriously, yall wanna complain about the Dark Orders punches when Kyle OReilly is striking like this? Cmon, man.

Lee gets his ankle Pillmanized (off the second turnbuckle, natch) and Tommaso Ciampa runs out for the save, only for Lee to immediately get back to his feet. Dude, your ankle should be broken. Maybe limp a little?

We get a variation of the same segment a half-hour later, only this time Ciampa comes out and gets jumped by TUE, only to be saved by his former tag team partner and sometimes-blood rival Johnny Wrestling Gargano, which results in an impromptu #DIY reunion, all for the sake of a one-off match at Worlds Collide against Mustache Mountain. This is getting dangerously close to the whole character alignments dont matter, its about BRAND SUPREMACY schtick we deal with every November, and while Im sure some folks are happy to have Ciampa and Gargano back on the same page, Im over here still waiting for the final blowoff to their epic feud. I wouldnt mind if this added any layers to their relationship, but given that both men are embroiled in separate feuds and both have matches at Takeover: Portland already, its strictly fan service to goose the WWE Network viewing numbers for Worlds Collide.

Its worth mentioning, however, that the Velveteen Dream was mentioned by both Lee and Ciampa in their respective promos. If we say his name one more time, maybe hell show up in Enzo Amores old Beetlejuice suit. #saveusy2v

Cathy Kelley promises us a medical update on Lees condition, but instead, he randomly shows up in the next segment at 100 percent to throw some Full Sail security guards through bushes and car windshields. I guess that ankles fine after all!

I gotta be honest: I didnt like any of this. I get that Keith Lee essentially had the A-story of the evening, but having two separate good guy gets beaten down by heel faction, another good guy comes out for the save segments within 30 minutes both featuring the same players just seems superfluous. Put it all in the opening segment and lets move on. There are fewer things I dislike on a wrestling show than hearing a wrestlers entrance music more than once. Once the audience pops, theyre not gonna get up again for it, especially in the case of Ciampa, who had his entrance music played twice in under a half-hour. Pops are special, and a finite resource. Lets not waste them.

The first round of the Dusty Rhodes Tag Team Classic continued with the Broserweights having one hell of a fast-paced match against NXT UKs Mark Andrews and Flash Morgan Webster, a team that should not exist (mods and punks are enemies, damn it!). I dont think anyone was surprised that Pete Dunne and Matt Riddle rolled here heck, they already have matching gear but Mandrews and Webster put up a surprisingly good fight for a pair of guys that just had the shit kicked out of them in a ladder match.

The match itself was perfectly cromulent (although it at times gave me that same feeling of anxiousness like when I accidentally play a podcast at 1.25 speed), but nobody in that room thought the Broserweights were going to lose, no matter how many nearfalls they teased us with. (That said, the jackhammer into a rollup false finish made me laugh, and also made me wonder why no one ever did that to Goldberg before) Even Dunne seemed to get sick of the match taking so long when he flat-out punched Mandrews in the damn face after he attempted a flip off the top rope. Pin them and move on already.

One of the most memorable moments of AEWs tournament to crown their first tag team champions was the first round upset between Private Party ostensibly the 8 seed and the Young Bucks, clearly the 1 seed. It was exciting and surprising, and not something WWE really ever dabbles with, presentation-wise. Which is why, to be completely honest, I kinda zoned out during this match between the reunited Time Splitters Kushida and his old IWGP partner Alex Shelley and the Grizzled Young Vets from NXT UK. Knowing that the winner would go onto face Kyle OReilly and Bobby Fish the same team that beat the Time Splitters for the IWGP tag straps years ago made this feel like a foregone conclusion. Imagine my surprise when Shelley took the pin! Considering the Dusty Classic has been incredibly predictable this time around, it was nice to have something different happen, especially involving a special guest of sorts.

(Supplemental Best to Alex Shelley having the Teenage Bottlerocket logo on his tights. Shut up and get rad.)

Next, we get the first mention of the NXT Cruiserweight Championship since Angel Garza won it a month ago and apparently he has to defend it against three other competitors at Worlds Collide. Very well. Its an excuse to put together an absolute ripper of a triple threat match to earn a spot in that fatal four-way between NXT OG Tyler Breeze, former champion Lio Rush and up-and-comer Isaiah Swerve Scott. If theres one match you watch in full this week, let this one be it: It was full of creative, blood-pumping spots (seriously, how is Lio so fast??), and all three competitors looked great throughout.

While it wouldve been nice to see Breeze get the spot, that ship has long since sailed (say what you will about Sami Zayns main roster mistreatment, but at least the dude got to win the NXT championship once Breeze hasnt sniffed gold since FCW). The money match is Garza/Rush III, so might as well let Swerve get the Worlds Collide spot and save that for a Takeover. Plus, Swerves JML Driver looks insane, so expect him to hit it on one of the NXT UK competitors then get tossed out of the ring by Garza for a sneaky pin to retain.

Tonights main event was a blast for a number of reasons seriously, who doesnt like a good ol battle royal? but it will likely be remembered for the glorious return of Shayna Baszler, who hasnt been on NXT TV since dropping the womens title a month ago. She makes her impact felt immediately, eliminating a full third of the field, including pretty much all the cans (sorry, MJ Jenkins and Kayden Carter) but also a big-time player in Mercedes Martinez when the two of them were staring each other down, it felt like I was watching Looper.

It was also the return of Tegan Nox, who was rocking a killer Nine Inch Nails tee earlier in the show (shout-out to Trent Reznor, who is not only already halfway to an EGOT but just got inducted into the Rock And Roll Hall Of Fame yesterday) and who had the funniest spot of the whole match when she chokeslammed Io Shirai onto Shayna Baszler. Bah gawd! Of course, her presence summoned Dakota (Cobra) Kai, who eliminated her and then chucked Noxs old knee brace at her head for good measure. Thatll be a fun feud.

There were a lot of fresh faces in this match, which made it easy to lose track of folks. That made the eventual reveal of Shotzi Blackheart as the whoops, Im not eliminated after all entrant at the end of the match that much more surprising. She had the crowd behind her big time, which will be helpful once Shayna murders her on live TV next week. They can all donate to the Gofundme her family will start for her funeral expenses.

Our final two came down to Io Shirai and Bianca Belair, with the EST eventually getting the better of the genius of the sky. Even though the crowd was firmly in Ios corner, Im okay with this. NXT is already giving a massive face push to the current male crowd favorite, Keith Lee, because they can run him against Roddy and his shitty little boots. Ios still technically a heel, even with the crowd support, so if you were to run her against Rhea Ripley this soon, it would be all the more damaging to whoever has to lose that match. Now, Ripley gets to square off against Belair in a Wargames rematch of sorts, and Im looking forward to all sorts of absurd power moves from each woman. Is hoss a gender neutral term? It should be. Hoss fights forever.

Thats it for this weeks Best and Worst of NXT. Drop down into our comments section below to let us know what you thought of the show (and how wrong I am about all the Lee/Ciampa/Undisputed Era stuff), and give us a share on social media to help spread the word. Thanks for reading this far. Brandon will be back next week!

Excerpt from:

The Best And Worst Of WWE NXT 1/15/20: Survivalism - UPROXX

Posted in Survivalism | Comments Off on The Best And Worst Of WWE NXT 1/15/20: Survivalism – UPROXX

Bitcoin Indicator That Called Rally to $14000 Flashes Again – BTCNN

Posted: at 11:24 am

Once again, analysts have started to flip bullish on Bitcoin again. Sure, the cryptocurrency is still down some 40% from its $14,000 peak from last year, but per a number of traders, an array of key technical indicators have suggested that BTC is ready to return higher once again.Related Reading:Crypto Tidbits: Elon Musk Pokes Bitcoin Bear, Japanese Giants Delve Into Cryptocurrency Mining, Baidus Blockchain BetaKey Bitcoin Buy Signal Flashes For First Time Since MarchFinancial Survivalism, the cryptocurrency trader that last week called Bitcoins surge to above $8,000, recently noted that the Lucid Stop and Reversal indicator, which signals a stop and an entry in the opposite direction when it reverses, just printed an extremely bullish signal.Per the one-week Lucid SAR, Bitcoin just saw its first buy signal since March 2019, with the trend as defined by the SAR turning bullish.

The Lucid SAR is a full stop & reversal system. When the SAR reverses it signals a stop & an entry in the opposite direction.Since Aug 2018 the Lucid SAR is beating #Bitcoin by over 1,000% & we just got the first buy signal since March 2019. pic.twitter.com/Hm74gOISd9 Financial Survivalism (@Sawcruhteez) January 10, 2020

This is important as the one-week Lucid SAR has eerily predicted Bitcoins medium-term trends over the past two years; in 2018, the signal flipped bearish prior to Bitcoins 50% crash to $3,150; and in March 2019, it predicted a macro reversal at around $3,500.Related Reading:Ethereums Price Chart Just Printed This Extremely Bullish SignalNot Only Bullish IndicatorThe bullish signal printed by the Lucid SAR isnt the only technical indicator that has Financial Survivalism optimistic. Per previous reports from NewsBTC, the analyst in a recent TradingView looked to the following technical factors to back his assertion that BTC is ready to return higher in the coming months:

The Average Directional Index on a daily basis has seen the first bullish crossover since March 2019.The one-week Relative Strength Index for Bitcoin is getting ready to test 50, a level that if broken through may imply dramatic upside.The one-day Ichimoku Cloud has formed a bullish TK cross.

Related Reading:This Late Night Host Just Exposed Millions to Bitcoin, AgainAs to what these technicals mean for Bitcoin, the prominent analyst wrote that they show BTC could retest $20,000 by July 1st of this year, just months after the block reward reduction.Although a 150% rally in six months may seem ludicrous at the moment, there are a number of chart observations that analysts have cited as evidence that crypto is about to go parabolic yet again.Not to mention, the halving is expected to play an extremely positive role in influencing Bitcoins supply-demand dynamics to a point where prices should appreciate.Featured Image from ShutterstockBitcoin Indicator That Called Rally to $14,000 Flashes Again was last modified: January 12th, 2020 by Nick Chong The post appeared first on NewsBTC.

Read more from the original source:

Bitcoin Indicator That Called Rally to $14000 Flashes Again - BTCNN

Posted in Survivalism | Comments Off on Bitcoin Indicator That Called Rally to $14000 Flashes Again – BTCNN

Bitcoin just cracked $8,500, and it means bulls are taking control – CryptoSlate

Posted: at 11:24 am

Over the past few hours, Bitcoin has exploded higher. Since the close of Mondays daily candle at 23:59 yesterday, the cryptocurrency has gained 6 percent, surging as high as $8,580 from $8,100 as buyers stepped in en-masse.

While the buying momentum has slowed, with BTC retracing to $8,475 as of the time of writing this article, analysts have said that this move is only the start of something bigger. Backing this sentiment is both technical and fundamental factors, these analysts say.

Theres no denying this move in the crypto markets caught many traders with their pants down, so to speak. Per data from Skew, a cryptocurrency data firm, this move liquidated around $30 million worth of Bitcoin short positions, wiping out a lot of wealth in this space.

But now that analysts have caught up to the price action, theyre saying its a precursor to a potentially even stronger move higher.

Mohit Sorout, a partner at Bitazu Capital, noted that with BTCs latest spike higher, it has broken above two key downtrend resistances that have constrained price action for the past seven months. Not to mention, the one-day Relative Strength Index (RSI) and On-Balance Volume (OBV) indicators have broken past similar downtrends, suggesting more upside is imminent.

Financial Survivalism, a pseudonymous cryptocurrency trader that called BTCs ongoing price explosion when Bitcoin was in the low-$7,000s, noted that the Ichimoku Clouda sort of all-in-one indicator showing key price points and trendsis fully bullish, with the indicator printing three distinct signals that suggest prices will appreciate.

On the fundamental side of things, the CME Group just launched its Bitcoin options on Jan. 13, giving institutional investors, miners, and other players in this budding market a chance to better hedge risk and to make potentially more trading profits.

Although options may not be directly bullish for Bitcoin, executives like Changpeng CZ Zhao of Binance and Galaxy Digitals Mike Novogratz have said in the past that institutional involvement should lead to price appreciation in the crypto market.

Yes, the technicals and fundamentals are leaning bullish, but there are a number of resistances above the current Bitcoin price and bearish factors that may act as a roadblock to the ongoing rally.

For instance, trader CryptoISO has noted that the BitMEX funding rate has forayed well into the positive territory, with long position holders now paying a relatively large fee to short positions holders.

While not a decisively bearish sign, former Wall Street analyst turned Bitcoin trader and educator Tone Vays said in a recent edition of his YouTube cryptocurrency market analyses that the negative funding rate in the BTC market has him worried about a potential retracement.

Bitcoin, currently ranked #1 by market cap, is up 4.55% over the past 24 hours. BTC has a market cap of $154.58B with a 24 hour volume of $29.7B.

Chart by CryptoCompare

Bitcoin is up 4.55% over the past 24 hours.

View original post here:

Bitcoin just cracked $8,500, and it means bulls are taking control - CryptoSlate

Posted in Survivalism | Comments Off on Bitcoin just cracked $8,500, and it means bulls are taking control – CryptoSlate

Ethereum Forms a Bearish Rejection Just Below a Key Resistance Level – Ethereum World News

Posted: at 11:24 am

Ethereum has seen some sizeable gains over the past several days and weeks, although this uptrend may be short lived due to a top formation that it just posted on its daily chart right below a key resistance level.

This comes shortly after the cryptocurrency broke below its macro adoption curve, and the confluence of these bearish factors may suggest that ETH is primed to see significant near-term downside.

At the time of writing, Ethereum is trading down over 3% at its current price of $161, which marks a sizeable retrace from its intra-rally highs of over $170 that were set early yesterday when the cryptos recent rally turned vertical.

The gains that have come about over the past couple of weeks have been quite significant for ETH, as the cryptocurrency has been able to rally from lows within the $120 region to highs of over $170.

This massive rally has occurred in tandem with the uptrend seen by Bitcoin and most other major altcoins and has led many investors to grow increasingly bullish on the markets.

This bullishness may be short lived, however, as Ethereums decline from its recent highs seems to mark a rejectionjust below a key resistance level, signaling that it may soon retrace much of its recent gains.

Livercoin, a popular crypto analyst on Twitter, pointed this out in a recent tweet, in which he concisely says yikes while pointing to the below chart showing the cryptos daily price chart with highlighted resistance levels.

This isnt the only bearish factor currently counting against Ethereum, as the crypto also recently broke below its macro adoption curve, an important level that it has yet to regain.

Financial Survivalism, another popular cryptocurrency analyst, spoke about ETHs decline below its adoption curve in a recent tweet, noting that if it becomes resistance, it could spell trouble for the altcoin markets in general.

Bear Case: There is a strong case to be made that $ETH recently broke down its adoption curve, and that this is just a throwback to retest prior support for resistance. If that is the case then it would indicate a macro shift in the trend for $alts in general, he noted.

If ETH is unable to reclaim this key level, and shows further signs of reversing its recent uptrend, it could be in for a significant drop in the near-future.

See original here:

Ethereum Forms a Bearish Rejection Just Below a Key Resistance Level - Ethereum World News

Posted in Survivalism | Comments Off on Ethereum Forms a Bearish Rejection Just Below a Key Resistance Level – Ethereum World News

The Explosion In This One Metric Is Bullish for Bitcoins Price – Ethereum World News

Posted: at 11:24 am

At the end of 2017, the CME launched Bitcoin futures contracts on its world-renowned derivatives exchange, opening up the cryptocurrency market to a swath of new investors, namely institutions and other large investors that couldnt hedge their bets in this market as well before the launch.

Although the futures are cash-settled meaning that no on-chain Bitcoin changes hands in trading these contracts trading on the exchange purportedly has a large effect on the underlying market.

Indeed, one simple chart suggests that the strong growth in the contracts open interest metric means the price of BTC will soon explode higher.

The official CME Twitter handle on January 9th posted the below tweet, showing that the open interest metric in BTC is up 59% from the year-end open interest reading, which is staggering considering how little time has transpired between New Years Day and now. Notably, the BTC contracts volume is still far from all-time highs, but the growth in open interest is a positive sign.

According to a textbook chart shared by Murad Mahmudov, CIO of Bitcoin fundAdaptive Capital, this open interest growth is extremely bullish for this nascent market.

The below chart which shows what trends in an assets volume, open interest, and price means for said assets future trajectory indicates that the most optimistic scenario for any market is if the assets price, volume, and open interest for its futures market rise in tandem, suggesting strength, bullish price action, and an overall trend of prices rising.

And what do you know! Bitcoin, over the past few weeks, has seen its price, volume, and open interest increase all at once, showing effectively no signs of weakness.

Since last week, the price of Bitcoin has risen 15% and the volume, according to one report from a cryptocurrency research firm, has nearly doubled, boding well for bulls if momentum can be maintained.

Mahmudovs chart isnt the only thing that has traders optimistic.

Financial Survivalism, the cryptocurrency trader that last week called Bitcoins surge to above $8,000, recently noted that the Lucid Stop and Reversal indicator, which signals a stop and an entry in the opposite direction when it reverses, just printed an extremely bullish signal.

The signal being a reversal just this past week, the first of its kind since March 2019, prior to an over 300% uptrend that surprised the cryptocurrency world.

These two analyses in tandem suggest Bitcoin is ready to start trending higher once again.

Link:

The Explosion In This One Metric Is Bullish for Bitcoins Price - Ethereum World News

Posted in Survivalism | Comments Off on The Explosion In This One Metric Is Bullish for Bitcoins Price – Ethereum World News

Why An Analyst Thinks XRP Price Has Further to Fall – Ethereum World News

Posted: at 11:24 am

Per a prominent trader, third-largest cryptocurrency XRP is still approximately 40% above a potential price range at which it will bottom, the $0.13 to $0.15 region.

As to why $0.13 to $0.15 may be the final bottom, the analyst has looked to a number of signals in the past.

Firstly, he noted the other day that XRPs chart is showing clear signs that a bearish fractal is playing out. As he notes, the current price action for the cryptocurrency is looking almost identical to how it did from July to October of last year, which was marked by a consolidation after a dramatic sell-off, a secondary drop and flash recovery, then a plunge to fresh lows. The fractal playing out in full implies a price of $0.15.

Also, per previous reports from Ethereum World News, a leading analyst said that he is looking to buy XRP next around $0.15, which is around 25% lower than the current price of $0.2154. He added that hes looking towards this target because his analysis suggests BTC and crypto remain in a bear market despite the recent (and expected) relief rally, the bears still have control.

Not to mention, $0.14 is where key supports from a macro perspective lie, meaning that the cryptocurrency should hold that level to stay in its macro uptrend.

While XRPs price has been relatively independent of Bitcoin, with the cryptocurrency falling by 50% in 2019 while BTC gained 95% in that same time, XRP is likely to follow the market leader, wherever it goes next. This means that should Bitcoin pump from here, a crash in the popular altcoin to the aforementioned price points can be easily avoided.

But can it happen? Can BTC price higher to allow the second-largest altcoin by market capitalization to maintain key supports?

Per a number of analysts, for sure.

According to a previous report from this very outlet, Byzantine General recently pointed towards Bitcoins one-week chart in conjunction with its Relative Strength Index reading. He showed that per historical analysis, applying previous market trends to the current, the bottom is in, noting that the RSI has made a perfect re-test of a key support.

Financial Survivalism, a trader who called Bitcoins spike to the $8,000s last week, has added to the bullish sentiment. In a TradingView post, he gave a number of key technical reasons why he expects for BTC to test $20,000 by July 1st of this year.

Read this article:

Why An Analyst Thinks XRP Price Has Further to Fall - Ethereum World News

Posted in Survivalism | Comments Off on Why An Analyst Thinks XRP Price Has Further to Fall – Ethereum World News

Page 9«..891011..20..»