BitcoinThe spike from $7,350 to $10,348 brought the hype around Bitcoin back and the declines are already behind our backs. The price corrected down to $9100 and we can also see attempts to build support in this range and the 0.38 Fibonacci levels, suggesting a bullish trend on the charts. A healthy correction would restore the 0.618 Fibonacci levels in the $8500 range, leading up to the next level at $10,200.EthereumAgainst the USD, the price is trying to break the resistance built around...
Read More »Ripple (XRP) May Have Finally Bottomed: Trader Peter Brandt
Ripple has been in a brutal downtrend for nearly two years. Trader Peter Brandt predicts that the cryptocurrency will bottom out as soon as it completes the diamond pattern. Other traders are bullish on XRP as the cryptocurrency posts a solid rally to take out the resistance level mentioned by Brandt. Ripple’s XRP has been in a downtrend for almost two years. The third-largest cryptocurrency posted an all-time high of $3.30 in January 2018. Since then, investors have experienced...
Read More »Tron and EOS Are Now among China’s Favourites in Latest Crypto Rankings
It seems that Tron (TRX) and EOS became China’s favorite children, at least if it’s to believe newly published CCID Crypto Ranking. The Chinese Ministry of Industry was always perplexing its selection of criteria, putting EOS up at the top based on its innovation.But let’s start with Tron. The Chinese blockchain platform that was previously under strict scrutiny from Beijing, got its satisfaction last week when Chinese President Xi Jinping gave a speech almost celebrating blockchain. China,...
Read More »Ripple Price Analysis: XRP Struggles Despite The Recent Bitcoin Rally
XRP saw a small price increase of around 1.48% over the past week and it currently trades at $0.2975. The cryptocurrency has been relatively quiet whilst the rest of the market surged and it failed to close above the $0.30 resistance level. This is perhaps due to the fact that XRP began to fell against BTC. Nevertheless, XRP remains the third-largest cryptocurrency with a market cap of $12.82 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD analysis, the cryptocurrency...
Read More »Ripple Price Analysis: XRP In Steady Uptrend Above $0.2800
Ripple price climbed higher recently and settled above the $0.2900 resistance against the US dollar.The price is showing positive signs and it could rally further above $0.3100.There is a connecting resistance trend line forming with hurdle near $0.3110 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price remains well bid above the $0.2880 and $0.2900 support levels in the near term.Ripple price is trading in an uptrend above $0.2880 against the US Dollar. XRP price...
Read More »Bitcoin Is Booming – Here Are 3 Reasons Why Ripple (XRP) Is Not
Bitcoin’s epic surge has lifted the entire crypto market, with one notable exception: ripple (XRP) Ripple is barely treading water, while most of its peers are enjoying meteoric gains. Crypto analysts say there are three reasons XRP is struggling. It’s been quite a while since most cryptocurrencies posted tremendous gains. Major coins such as bitcoin, bitcoin cash, and bitcoin sv are up by over 15 percent. Other coins in the top ten were not far behind, with litecoin and ethereum...
Read More »EOS Price Analysis: Signs of Bearish Continuation
EOS price is down more than 8% today and it broke the key $2.700 support area against the US Dollar.The price traded close to the $2.500 support area and it is currently correcting higher.There is a major bearish trend line forming with resistance near $2.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could resume its decline as long as it is trading below the $2.800 pivot area.EOS price is back in a bearish zone against the US Dollar and bitcoin. The price...
Read More »Litecoin (LTC) Price Analysis: Key Support Turned Resistance
Litecoin price is down more than 5% today and it broke the key $51.20 support against the US Dollar.LTC price is correcting currently higher and it could face resistance near $50.00 and $51.20.There is a crucial bearish trend line forming with resistance near $53.75 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides if it fails to recover above $50.00 and $51.20.Litecoin price is back in a downtrend below $52.00 against the US...
Read More »INX Crypto Trading Platform Will Use Brave New Coin’s BTC and ETH Indices for Forthcoming IPO
Photo: ShutterstockPer a recent announcement, blockchain and cryptography data and research company Brave New Coin (BNC) has said that its cryptocurrency indices will now be applied by crypto trading service INX, as it prepares to launch its first fully approved security token sale. INX is focused on making sure that its offerings and practices are strict and as transparent as possible, a decision that has pointed the digital asset trading service in the BNC direction.According to BNC, INX...
Read More »Wirbt Ripple in diesem Werbefilm für Bitcoin?
Ripple Werbung Ripple hat ja kürzlich seine alten Produkte eingestampft und sich neu aufgestellt. Seit heute lüuft in zwei Ländern unter dem Hashtag #RunsOnRipple folgender Ripple-Werbespot: [embedded content] Ripple lanciert einen neuen Werbespot der grosses erahnen lässt. Ripple wirbt damit für sein Netzwerk, welches länderübergreifend und in allen Währungen inklusive...
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Ripple (XRP)
