Ethereum Surges 13% Overnight;: Crypto Market Punching For a Strong Recovery?

In the past 24 hours, the Ethereum price has increased from $ 124 to $ 141 by 13 percent against the U.S. dollar. Analysts foresee a strong short-term recovery ahead as the crypto market shows momentum. The optimistic price movements of major crypto assets in the likes of Ethereum, EOS, Bitcoin Cash, and Binance Coin have come during a period in which the sentiment in the near-term performance of the crypto market has become noticeably gloomy. Full-Fledged Crypto Recovery a Possibility? On February 17, prior to the recent rally of the crypto market, a cryptocurrency trader with an online alias “Mayne” stated

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Analyst Warns S&P 500 Could Struggle to Go Higher After Recovery

Todd Gordon, a long-time stock analyst and the founder of TradingAnalysis.com, is “nervous” about the current state of the S&P 500. The index crashed just before Christmas to below 2350, but has affected a steady recovery in the meantime. By press time it had gained 2% on its numbers 3 months ago. Gordon tells CNBC in a recent interview: The 200-day moving average right here — we have tried it once, twice, three, coming back on a fourth time. This is going to be a deadly battleground. I want to short it but I want to be very diligent and

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Trump’s Trade War Bombshell Pummels Dow, But Bitcoin Mounts Recovery

The battered US stock market enters the week’s final trading session with little hope of patching its previous-day wounds. Rather, trade war pessimism looks poised to deal further blows to the Dow and its peers, which are currently steeling themselves for major opening bell losses. The mood is slightly more positive in the cryptocurrency market where the bitcoin price has made a slight recovery. Dow Preps for Triple-Digit Decline As of 8:55 am ET, Dow Jones Industrial Average futures had declined 97 points or 0.39 percent, implying an opening bell drop of 102.53 points. Dow futures had traded lower

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Bitcoin Price in Recovery Mode – Will it Close the Week on a High Note?

The bitcoin price on Friday posted a modest 0.9 percent surge as it corrected from its ascending channel support level and sought to climb back into bullish territory. Bitcoin Price Charges Back Toward $ 3,500 The bitcoin-to-dollar exchange rate (BTC/USD) established its intraday low at $ 3,371 right at the beginning of the Asian session. The pair consolidated until the European trading hours kicked in, after which it underwent a modest correction. The positive sentiment rippled through the US trading session, during which BTC/USD established an intraday high at $ 3,458. The upside correction appeared despite a shocker from Canada. QuadrigaCX, the region’s

Bitcoin Price in Recovery Mode – Will it Close the Week on a High Note? by CCN

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Why the US Debt Machine Should Make Investors Wary of the Dow Jones Recovery

By CCN.com: Since early 2018, virtually every type of debt in the U.S. has achieved an all-time high, surpassing trillions of dollars, and that should make Americans wary of the recent recovery seen in the Dow Jones Industrial Average and wider U.S. stock market. Don’t Trust the Dow Jones Rebound Investors including Doubleline Capital founder … Continued

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Traders: Bitcoin Price Recovery Above $3,400 May Lead to Strong Short-Term Rebound

By CCN.com: On January 22, in a steep a sell-off, the Bitcoin price dropped from $ 3,615 to $ 3,401 by around six percent on the day. Although a continuous fall below the $ 3,400 mark could have led to an extended sell-off throughout January, traders have said that the rebound of Bitcoin from a key support level

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Analyst: 2019 a Year of Accumulation For Bitcoin, Recovery by Year’s End

In the past 24 hours, the crypto market has recovered from $ 120 to $ 123 billion as the Bitcoin price avoided a further drop below the $ 3,600 mark. Ethereum has also been able to rebound relatively quickly from the delay of the Constantinople hard fork, which initially caused a 10 percent drop from $ 130 to $ 116.

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