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Crypto Price Analysis September 16: BTC, ETH, LTC, TRX, EOS

The cryptocurrency market is trying to recover. And if such assets as Bitcoin and Ethereum are looking quite confident in favor of further growth, the other ones, like Litecoin and EOS are very likely to fall and test their respective support areas.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.After the cryptocurrencies complete these movements, signals...

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EOS Price Analysis: Positive Signs Emerge Above $2.7

EOS is currently consolidating losses in a range above the $2.665 support against the US Dollar.The price is facing many hurdles near $2.850, $3.000, and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could nosedive if it continues to struggle near the $3.000 resistance zone.EOS price is showing a few recovery signs against the US Dollar, similar...

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Bitcoin Mainnet Launches First DLC with Smart Contracts Enabled Bets

Cryptocurrency users now have received the possibility to enjoy the benefits of DLCs on the Bitcoin mainnet.Following continuous claims by Bitcoin (BTC) critics, the first bets have been reportedly placed on the Bitcoin Mainnet using Discreet Log Contract (DLC). This record-breaking update was made known by Nicholas Dorier, popularly known as the man who has made it his life’s mission to make BitPay obsolete, on his Twitter handle.As Marty Bent noted, the bet on the Bitcoin Mainnet heralds “a...

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BitMEX to Launch EOS, LINK, XTZ, and ADA ‘Quanto’ Futures Contracts Soon

The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ, EOS, ADA In an early morning blog announcement today, the Seychelles-based futures exchange said that it plans to...

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EOS Price Analysis: Chances of a Crucial Breakdown Below $3.0

EOS failed to clear the $3.600 resistance and started a fresh decline against the US Dollar.The price declined below the key $3.200 support and the 55 simple moving average (4-hours).There was a break below a major ascending channel with support near $3.300 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could extend its decline if the bears are able to clear the main $3.000 support zone.EOS price is gaining bearish momentum below $3.200 against the US Dollar,...

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EOS Price Analysis: Signs of More Downsides Below $3.0

EOS price started a fresh decline from well above the $3.500 resistance against the US Dollar.The price declined below the $3.200 support and settled below the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $3.200 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move down below $3.000 as long as it is below $3.200.EOS price is declining and trading below key supports against the US Dollar,...

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Akon to Head Strategy for Brock Pierce’s Presidential Campaign

One of the well-known crypto investors, Brock Pierce, announced his candidature for office as an independent contestant. Now, Pierce has also revealed that Akon, the award-winning rapper, who’s also known for his interest in cryptocurrencies, will be his leading strategist.The two notably relate well as Brock Pierce continues to express the respect he has for Akon and his dedication towards music and investments.We are excited for @Akon to join our campaign as Chief...

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EOS Price Analysis: Uptrend Support Intact Near $3.20

EOS price climbed to a new multi-week high at $3.950 before correcting lower against the US Dollar.The price corrected lower below $3.5501 and even spiked below the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $3.150 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase as long as it is above $3.200 and $3.150.EOS price is correcting gains from the monthly high against the US Dollar,...

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Crypto Price Analysis August 19: BTC, ETH, LTC, EOS, LINK

After updating their respective highs once again, all assets have started descending corrections, which may be considered just as another movement to the downside before a further uptrend.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.On charts of many assets, the currently forming structures point at further growth. So, if bulls continue their pressure,...

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Market Watch: LINK Records $20 ATH While Bitcoin Stuck Below The $12K Resistance

After some minor fluctuations from $11,750 to nearly $12,000, Bitcoin lowered its volatility level and trading around $11,900. Is BTC getting ready to conquer $12K? We will see.At the same time, most altcoins continue to be volatile again with some massive gains from EOS, Yearn Finance (YFI), and Kava and another all-time high from Chainlink.Chainlink (LINK) At ATH AgainThe altcoin market hasn’t been boring for a long time now, and the past 24 hours reaffirmed it. No words can describe...

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