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.The bulls have failed to break the important resistance levels out. Most probably, we should expect a good correction on the crypto market to begin. For example, on...
Read More »Ethereum Price Analysis: ETH Plunges To $235 As Bears Take Control, How Low Will It Go?
Etheruem dropped by a total of 9% over the past 24 hours of trading as it falls to the $235 level.This retracement was expected after Ethereum double-topped at $285, causing it to roll over and start the decline.ETH also decreased against Bitcoin as it broke beneath support at the 0.026 BTC level; however, relative to other cryptocurrencies, it is holding strong.Key Support & Resistance LevelsETH/USD:Support: $235, $225, $220.Resistance: $250, $255, $270.ETH/BTC:Support: 0.0256 BTC, 0.025...
Read More »Coinbase Wallet Allows Customized Addresses to Facilitate Process of Sending Crypto
Coinbase Wallet, Ethereum Domain Service and mainwallet sync – one of the biggest companies in the industry just rolled out a significant update to its mobile app. Users are allowed to purchase ENS domains via in-app Dapp browser.When Coinbase established its own cryptocurrency wallet, its aim was to offer a possibility to send payments to the ETH-based domain names. But users of Ethereum wallets tend to send payments not only to the long, inconvenient to remember addresses. They also like...
Read More »Conor McGregor to Appear on Blockchain-Based Collectibles by UFC?
UFC has signed a partnership with CryptoKitties creators to run blockchain collectibles with prominent UFC fighters such as Conor McGregor or Joe Rogan on Ethereum.The team responsible for CryptoKitties – the biggest Ethereum Dapp out there – is now working on a new entertaining product, together with the UFC.Dapper Labs, the creator of CryptoKitties, definitely knows how to bring the Ethereum powered products right to the wide audience. After releasing one of the most famous blockchain-based...
Read More »Ethereum Price Analysis: ETH Showing Signs of Fresh Decrease
Ethereum price struggled to clear the $280 resistance and declined recently against the US Dollar.ETH price is declining and it is now trading below the $270 support area.There was a break below a major contracting triangle with support near $265 on the 4-hours chart (data feed from Coinbase).The price is likely to continue lower towards the $243 support level in the near term.Ethereum price is showing a few bearish signs below the $270 support against the US Dollar. ETH/USD could slide in...
Read More »Tron CEO Justin Sun Is Ultra-Bullish on Bitcoin, Claims Holding Large Sums of ETH and XRP
During his recent interview with CNN, Justin Sun clarified that he has a diversified portfolio of crypto investments and holds large sums of BTC, ETH, and XRP. Besides, his candid remarks calling TRX a shitcoin has hurt the investors as Tron (TRX) lost 20% price since then.The TRON founder and CEO Justin Sun is one of the most media-savvy personalities in the crypto industry. In his recent interview with CNN’s Julia Chatterley, Sun spoke about the future of the crypto markets. Justin Sun has...
Read More »Ethereum Price May Skyrocket as Ethereum 2.0 Is Coming
Ethereum is preparing the network for a major upgrade via a planned hard fork. How this can influence the ETH price, considering code changes and the difficulty of staking in 2020? Let’s find out.Key metrics show the possible huge outbreak in price dynamics in the coming days. Now, the market is in the so-called flat zone: Bitcoin only gained 0,1% in lat 24 hours, while Ethereum got +0,6%. Despite the calm beginning, such silence may promise the storm.On Twitter, the crypto analyst...
Read More »XRP Market Performance: XRP Price Is Going Down but It May Start Increasing Again Soon
XRP price is down now. But let’s take a closer look at the XRP market performance and the measures put in place by Ripple and XRPL community to see the coin thrive in the future.Ripple’s XRP has enjoyed a good reception in the market and the price has been recovering slowly after the 2017-2018 depreciation. That’s why the XRP market performance is widely discussed these days. The XRP price has been stabilizing, breaking the downward trend and also starting to form an upward movement.This has...
Read More »Ethereum Price Analysis: ETH At Crucial Resistance Against Bitcoin, May Start To Consolidate
Etheruem has now increased by a total of 7.10% this week as the cryptocurrency edges toward $270.The bullish momentum has been fading. However, the buyers are still battling to stay present in the market.ETH made another attempt to break the 2020 high-day closing price today at 0.0278 BTC.Key Support & Resistance LevelsETH/USD:Support: $255, $250, $240.Resistance: $275, $285, $290.ETH/BTC:Support: 0.026 BTC, 0.0256 BTC, 0.025 BTC.Resistance: 0.0278 BTC, 0.0288 BTC, 0.030 BTC .ETH/USD:...
Read More »TRON’s CEO Justin Sun Reveals Two Of The Cryptocurrencies He Holds And They’re Quite Surprising
Justin Sun, the founder and CEO of TRON blockchain, told CNN’s Julia Chatterley during a new interview that he is a long term believer in cryptocurrencies. He said he is very bullish on Bitcoin and also holds significant investments in other digital assets, including Ethereum (ETH) and Ripple (XRP). Justin Sun Doesn’t Hold FiatsWhile many would easily think that Justin Sun is only interested in TRX, the native token of the TRON network, he revealed that he has been holding a diversified...
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