Amazing Crypto

Category: Trading

  • Market Outlook: Crypto Prices Consolidate as Economic Uncertainty Looms

    Market Outlook: Crypto Prices Consolidate as Economic Uncertainty Looms

    Digital currency markets have been meandering sideways for a few days as most of the top crypto prices have been consolidating. Some traders believe there will be a big bullish rise after the current slump, while others think crypto prices may sink even lower. Amidst the crypto market uncertainty, economists worldwide are predicting a great…

  • Ethereum, XRP, and Litecoin appear to be consolidating before their next big move

    After the recent correction, a significant reduction in volume has tamed volatility in the crypto markets. Most coins appear staggered with limited action, but this could be build up to a major move. This technical analysis will evaluate where Ethereum, XRP, and Litecoin could be headed. Ethereum Over two weeks ago, Ethereum broke below the 7-week moving…

  • How Government Agencies Make Criminals of Crypto Traders

    How Government Agencies Make Criminals of Crypto Traders

    A New Jersey man has been indicted this week for converting over $2 million to bitcoin and operating a private exchange business not registered with the U.S. Secretary of the Treasury. According to a July 24 press release by the U.S. Attorney’s office, 46-year-old William Green could face up to five years in prison and…

  • Binance Coin, EOS and Stellar could resume their upward trend despite growing Bitcoin dominance

    While altcoins continue dropping Bitcoin has increased its dominance over the market, reaching 68 percent for the first time since early 2017. Some prominent members of the industry even predict that BTC will capture 80 percent of the market. This technical analysis will evaluate whether Binance Coin, EOS and Stellar have the potential to rebound…

  • Bitcoin’s trading indicators look bullish following recent correction

    Some of the most popular analysts in the crypto space have differing opinions about Bitcoin’s future price action. This technical analysis will examine whether BTC will drop again or if the bull rally will continue. After a steady upswing from $3,350 to nearly $14,000, Bitcoin retraced to reach a low of $9,080 on July 17.…

  • Bitcoin dominance makes new peak signaling ‘altseason’ could soon be underway

    Bitcoin dominance over the market continues increasing while the interest for altcoins declines without any clear signs of a bullish breakout. But, if the cryptocurrency market behaves like it has in the past, altcoins could soon make a major come back that initiates their bull run. Bitcoin has been in the spotlight after rising nearly 350…

  • What trading traditional future markets in crypto means

    The latest results released by the Futures Industry Association (FIA) show some extremely encouraging signs. Not only is the traditional futures industry growing exponentially, but 2018 saw a record number of contracts changing hands globally. Futures and options climbed by 20.2 percent from the previous year to 30.28 billion contracts, an all-time record. The global…

  • Ethereum whale accumulates another 20,000 ETH in massive buy wall

    Following a massive sell order of more than 15,000 ETH that triggered a noticeable Bitcoin slump, another Ethereum whale set a buy order for almost 20,000 ETH on Binance. First thought to be a spoof, the order was quickly filled but prompted a widespread discussion on whether this was another whale’s attempt to manipulate the…

  • Are Cardano, Chainlink and Ravencoin doomed to continue falling?

    After the major surge in mid-December 2018, the market seems to have found an exhaustion point. The retrace gives an opportunity for sideliners to buy in before the next upswing. Although the plunge has been more drastic in altcoins than in Bitcoin, this technical analysis will evaluate whether Cardano, Chainlink and Ravencoin are doomed to…

  • After the recent drop is Ethereum, XRP and Litecoin due for a rebound?

    40-years trading veteran Peter Brandt stated that if Bitcoin continues retracing it could violate the “parabolic phase” that started in December 2018 and fall up to 80 percent from current levels, taking Ethereum, XRP, and Litecoin down with it. If current parabolic phase is violated, we could expect either an 80% correction of 7-month advance…