EOS price is surging higher and it broke the $5.000 resistance level against the US Dollar.The price traded to a new 2020 high at $5.517 and it is currently consolidating gains.There is a major bullish trend line forming with support near $5.100 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $6.000 and $6.500 resistance levels.EOS price is gaining bullish momentum above the $5.000 resistance against the US Dollar, similar...
Read More »Litecoin (LTC) Price Analysis: Larger Rally To $100 Seems Possible
Litecoin price is climbing higher and it recently climbed above the $80.00 resistance against the US Dollar.LTC price traded to a new 2020 high at $84.51 and it currently consolidating gains.There was a break above a major ascending channel with resistance near $80.70 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $85.00 and $88.00 resistance levels in the near term.Litecoin price is gaining momentum above $80.00 against the...
Read More »2017 Take Two: FuturoCoin (FTO) Presents 10,000% Price Increase In 48 Hours
Back in the parabolic bull run in 2017, more often than not, a random cryptocurrency would skyrocket and increase by a staggering percentage. In a lot of the cases, however, this was based more on pump and dump schemes rather than on actual fundamental or technical indicators.Over the past couple of days, Futurocoin, which presents itself as “the most innovative cryptocurrency,” soared with an astronomical amount, perhaps signaling that the days of 2017 are back.FuturoCoin (FTO) Up 10,000% In...
Read More »Crypto Price Analysis February 12: BTC, ETH, LTC, EOS, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The market of digital assets keeps growing confidently. Once again, we can see the main coins test the resistance levels, however, the bears have yet failed to...
Read More »Telegram Pushes Forward the Launch of TON Blockchain Despite Fierce Legal Battle with the SEC
The Telegram founders are working on the TON blockchain despite the SEC keeps the hunt for presumably one of the dollar’s possible competitors.Telegram team has released a document that is useful if you plan to create a website running on the TON blockchain. The document suggests that TON users may want to create some websites to refer friends and clients to their projects. Unlike the usual sites, these are not working over HTTPS or HTTP protocol. The system is using ADNL to differ the...
Read More »Search Volume For ‘Buy Bitcoin’ Records Its Highest Level Since June 2019’s Rally To $14,000
The exciting start of 2020, in terms of price action, has brought serious retail attention to the cryptocurrency market. Google Trends data shows that Bitcoin and altcoin searches are recording their highest levels since August of 2019.Bitcoin Price Drives AttentionThe largest digital asset began the year trading at $7,170. At the time of this writing, Bitcoin’s price is at $10,350, marking an increase of 44% in less than 44 days.Significant price movements generally attract attention from...
Read More »Crypto Markets Reach 6-Month Milestone Following Monster Rally
Bitcoin’s price approaches $10,500 for the first time since early September. Twenty-nine of the 30 top cryptocurrencies reported gains Wednesday. The combined market cap of all coins crosses $300 billion for the first time in six months. Bitcoin and its altcoin peers extended their rally on Wednesday, pushing their collective market cap north of $300 billion for the first time since August. Bitcoin Rallies The bitcoin price rallied in the overnight session, eventually...
Read More »ETH Price Crosses $250 as JPMorgan Announces It Could Support Ethereum Ecosystem
Ethereum price has broken $250 after JPMorgan has demonstrated its interest in a partnership with ConsenSys. This could push the Ethereum price to new heights as developer is preparing to Ethereum 2.0 transition.JPMorgan is paying attention to Ethereum blockchain and has offered a partnership to ConsenSys. Currently, Ethereum trades around $251, showing the signs of incoming action. The price goes up on a set of news.Reuters informed that a possible partnership between the big bank and the...
Read More »Ripple’s XRPL Community Proposes New Fundamental Amendments on Ledger
Ripple’s XRP Ledger fundamental changes have been proposed. The community believes it should be possible to delete XRPL accounts within the Ledger.Through its official website, Ripple announced the new amendment proposed by XRPL community. The proposed amendment is advocating for the ledger account holders to be given a chance to delete their accounts from within at will.This is in accordance with Ripple’s agenda in ensuring a sensible evolution of the XRP Ledger that meets the majorities’...
Read More »Tezos Price Analysis: XTZ Soars 25% To Touch $3.4, How Far Can The Bulls Go?
With 24.57% increase, Tezos becomes the biggest-gainer amongst top major cryptocurrenciesXTZ regains the 10th spot on the market cap spot following a significant price surge.Bullish sentiment remains strong across the XTZ pairs.XTZ/USD: XTZ Looking Bullish But Price Rejects At $3.4, Can $3 Hold As Support?Key Resistance Levels: $3.4, $3.7, $4Key Support Levels: $3, $2.8, $2.55XTZ/USD. Source: TradingViewTezos has continued to go parabolic against the US Dollar since the price bounced back...
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