A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP 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.Unfortunately, the crypto market still fails to return to the phase of good growth. The assets are currently testing important support levels, and we can soon see a...
Read More »Bitcoin Price May Hit $135,000, Willy Woo Predicts Major Bull Run
Willy Woo’s $135,000 Bitcoin price prediction makes waves in the crypto community. The notable trader in a chat with Max Keiser told the public that he expect Bitcoin to reach $135,000-250,000 level within a few months in 2020.Willy Woo, the industry expert with rich trading past, shares the opinion that Bitcoin is heading right to $100,000 price level. He was speaking with Keiser Report on March 3. Per the expert, thanks to ‘cycleture’ he can state that Bitcoin could hit $135,000 because of...
Read More »Tesla and SpaceX CEO Elon Musk Claims Dogecoin Is Cool, Price Goes Up
Elon Musk has been trolling the crypto community many times already. Now he says that Dogecoin is the best cryptocurrency.Elon Musk has been tweeting about different cryptocurrencies for several years so far, mentioning Ethereum and Litecoin. Other coins are not the ones he like, but to make it without clear judgment, he seems like love Dogecoin. One was invented just for fun, the developers didn’t think that the community will make the coin grow. Not only the community supported the network,...
Read More »Ethereum Price Bounces Back to $230 while Fundamental Metrics Continue to Increase
Ethereum price goes up as bulls seem like waiting for major bullish action. The developers are teasing the community with ‘big code update’ and prepare several possible upgrades, both controversial and useful.Since the lows of Q4 2019, Ehtereum price and network has gained significant steam. The hash rate, transactions per day, and the number of active addresses all rising. The network currently consists of around 7,100 public nodes. During the last 24 hours, ETH shows $3,71 billion of the...
Read More »Ethereum Price Analysis: ETH Bounces Off $220 As Bulls Seemingly Prepare For A Rally
Ethereum rebounded by 3% from support provided by a rising trend line.The cryptocurrency had dropped by a total of 15% over the last week before the recent bounce.Against Bitcoin, Ethereum managed to remain above 0.025 BTC but is struggling at 0.026 BTC.Key Support & Resistance LevelsETH/USD:Support: $220, $215, $205.Resistance:$230, $240, $250.ETH/BTC:Support: 0.0255 BTC, 0.025 BTC, 0.0242 BTC.Resistance: 0.0263 BTC, 0.027 BTC, 0.0278 BTC.ETH/USD: Bulls Continue Battle To Defend...
Read More »Ethereum Price Analysis: ETH Signaling The Start Of Fresh Increase
Ethereum price declined heavily below $244 and recently found support near $210 against the US Dollar.ETH price is currently recovering and it is trading above the $225 resistance area.There was a break above a key bearish trend line with resistance near $225 on the 4-hours chart (data feed from Coinbase).The price is likely to continue higher towards the $244 and $250 resistance levels in the near term.Ethereum price is showing signs of a decent recovery above $225 against the US Dollar....
Read More »BTCU – the Fastest and Complete Bitcoin?
BTCU blockchain enables smart contracts to facilitate decentralized applications and all crypto transactions across a peer-to-peer network.Headed by Nikolai Udianskyi, the software developers team of Coinsbit crypto exchange will work on introducing a new Bitcoin fork, identified as “Bitcoin Ultimatum (BTCU)”.The crypto developers team assumes a critical mission of building the BTCU consensus network and developing new innovative technologies, that aim to fix the major challenges facing the...
Read More »Social Media Evolving Through Tokenization
Uhive, a new upcoming social media company, allows users to connect and share content with their family and friends publicly or anonymously to create its own cryptocurrency.Blockchain technology and cryptocurrency at large have been huge game-changers for the global economy over the past ten years. Social media companies have not been ignoring this, and many have adopted tokenization to move forward their main agenda, gain popularity, increase their customer base, and also monetize their...
Read More »Bitcoin Maintains The Crucial Support Ahead Of New Week: Monday’s Crypto Market Watch
After last week’s plunge of over $1,500, Bitcoin rattled its 2020 positive run. The question remained if the $8,500 critical support level could hold the downfall, and, so far, it has.The largest cryptocurrency dipped below it to $8,440, but it managed to recover quickly. At the time of this writing, Bitcoin is trading at approximately $8,700.If BTC continues to increase, the first significant resistance level lies at $8,800, followed by $9,000. The latter also serves as a major psychological...
Read More »Luno Says It Will Be Supporting Ripple Very Soon
Cryptocurrency exchange Luno – based in London in the United Kingdom – has stated that it will soon add Ripple’s XRP to its list of tradeable assets for customers to enjoy.Ripple Is Coming to Luno CustomersThe news comes after Luno engaged in a year-long poll in which all its customers were asked which new asset they would be the most interested in trading or purchasing in the future aside from bitcoin (BTC) and Ethereum (ETH), as the exchange already offers these assets to its users. Ripple...
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