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 »Google Cloud Picks Hedera as a Partner in Revolution of DLT Tech
Google Cloud has become a new partner of Hedera Hashgraph. Now they will cooperate to give a significant bump to the Distributed Ledger Technology (DLT).As it is known from the recent reports, Hedera Hashgraph is actively working on Distributed Ledger to boost the finance industry. Now it has chosen Google Cloud as its new reliable partner to move forward in this direction. The digital economy evolves as the developers from DLT camp present new challenges and answers to the public. DLT is...
Read More »Litecoin (LTC) Price Analysis: Bulls Aiming $80 or Higher
Litecoin price is rising steadily and it is now trading above $70.00 against the US Dollar.LTC price traded to a new 2020 high at $73.99 and it remains in an uptrend towards $80.00.There is a crucial bullish trend line forming with support near $70.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $80.00 and $82.50 resistance levels in the near term.Litecoin price is trading in a strong uptrend above $70.00 against the US...
Read More »Crypto Price Analysis February 5: BTC, ETH, XRP, BCH, LTC
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, XRP, Bitcoin Cash and Litecoin 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.Digital assets continue testing their closest resistance levels. Bulls are increasing the pressure and there is a good chance to witness new rising impulses towards...
Read More »Gemini Exchange and TradingView Form New Partnership
Millions of investors on TradingView can now buy Bitcoin, Ethereum, Bitcoin Cash and Litecoin through Gemini partnership.Gemini account holders and TradingView investors can now rejoice after the two companies decided to integrate their services. This was reported through their official web pages on February 04, 2020, where Marshall Beard, Gemini Corporate Development, was delighted to announce the news to the customers.With both entities having different tastes to offer to their customers,...
Read More »XRP Price Surges Beyond $0.25 after Ripple Unlocks 500 Million Tokens from Escrow
The XRP token had a great start to the week following a 2.82 percent surge in price after Ripple, the company that is using the cryptocurrency in its solutions, released 500 million tokens from an escrow account on Feb. 1, at least according to data provided by resource monitoring website Whale Alert.In the last 24 hours, XRP price has spiked from $0.2460 to its current price of $0.2522, CoinMarketCap data shows. XRP’s gains extended across the board to other altcoins particularly those in...
Read More »XRP is a Scam, Claims Bitcoin Bull Ben Askren
As cryptocurrencies have grown, and people started to invest (and earn) bigger amounts of money, of course, that the regulators saw their chance to take something for themselves. By saying ‘something’ – it is usually meant of tax. One of the biggest regulatory arguments in the cryptocurrency space is concerning the legal status of digital assets. The regulators always want to describe every digital asset as a security or a commodity because then, they could tax it.However, XRP is one of the...
Read More »Litecoin (LTC) Price Analysis: More Gains Above $62 Likely
Litecoin price remained in a positive zone and recently tested $62.40 against the US Dollar.LTC price corrected lower and it is now trading above the $58.00 support area.There is a major bullish trend line forming with support near $57.85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $61.00 and $62.40 resistance levels in the near term.Litecoin price is showing a lot of positive signs above $58.00 against the US Dollar,...
Read More »Crypto Price Analysis January 29: BTC, ETH, EOS, BCH, LTC
Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.Cryptocurrencies keep growing after a small correction but the buyers have yet failed to break out the key resistance levels. That is why another bearish attempt to develop a descending correction is not to be excluded without a renewal of the local minimums, and only after that the prices of the...
Read More »Litecoin (LTC) Price Analysis: Signs of Bearish Extension To $52
Litecoin price topped near the $63.20 area and declined recently against the US Dollar.LTC price is now trading below the $60.00 level, with a couple of bearish signs.There is a key bearish trend line forming with resistance near $58.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides below the $55.00 support area.Litecoin price is currently correcting lower below $60.00 against the US Dollar, similar to bitcoin. LTC price could...
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