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Tag Archives: Trading

Ripple and XRP: Expansion and Adoption May Usher Price Rise

As expressed in the Reuters release, Ripple is getting ready to reveal the most recent Brazilian cooperation in mid-2020. Louise Antonio, overseeing chief of Ripple, said that uncomplicated Brazilian financial guidelines assume a principal role in the organization’s expansion in the nation. Ripple talks about XRP‘s utilization of transfers with banks and controllers.Besides Brazil, Ripple intends to extend to all the South American nations, for example, Chile, Peru, and Argentina.Ripple as of...

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Bitcoin Cash Analysis: BCH Sighting Crucial Break Above $215

Bitcoin cash price is trading above the key $192 support area against the US Dollar.The price is showing positive signs above the $200 pivot level.There is a major bullish trend line forming with support near $196 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to surge if it clears the $210 and $215 resistance levels in the near term.Bitcoin cash price is facing a strong resistance near $215 against the US Dollar. BCH/USD could continue to climb unless...

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Here’s How Ex-Professional Poker Player Lost $500k in Crypto and Realized Meaning of Life

Alex Copenhagen decided to come back to his YT channel dedicated to crypto and bring a new life to it. He will be posting new videos about business, self-development, lifehacks, interviews with entrepreneurs and more. He said that losing $500,000 in 2019 taught him important life lessons.Alex is sharing his story in a short video, sending out the hope that his data will be valuable for lots of crypto-related folks. Copenhagen got into cryptocurrency space in around 2013 when Bitcoin was worth...

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Scalability, Hard Fork, General Crypto Bias Lay Constraint on Ether

Ethereum, the decentralized computing platform behind the token, has been trying to extend its network for years with a series of upgrades that may eventually transform its Proof-of-work protocol into a staking network. The improvements took longer than expected, and some analysts doubt that this difficult technical achievement can be achieved. Besides, several new entrants to the sector have put pressure on Ethereum as an increasing number of developers are moving towards newer options.The...

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Litecoin (LTC) Price Analysis: Signaling Downside Extension Below $41

Litecoin price is currently declining and trading well below $44.00 against the US Dollar.LTC price is likely to continue lower below $41.00 and $40.00 in the near term.There was a break below a major bullish trend line with support near $41.30 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair might find support near $39.50 and start a fresh recovery above $42.00.Litecoin price is struggling to rise above key hurdles against the US Dollar, similar to bitcoin. LTC...

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Bitcoin Price Analysis: BTC Could Dive Before Fresh Upside

Bitcoin price started declining after it failed to surpass the $7,380 resistance area against the US Dollar.The price is now trading well below the $7,300 pivot level and the 55 simple moving average (4-hours).There was a break below a connecting bullish trend line with support near $7,220 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could dive below the $7,060 support in the near term before a decent upward move.Bitcoin price is slowly moving lower towards the...

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Ethereum Railroad Aligns with the Anticipated Hard Fork

The Ethereum team will activate Muir Glacial hard fork on January 1 or 2. An update is important to defer the purported difficulty bomb by another 4 million blocks, and this will occur in block 9,200,000.Ethereum (ETH), the second-biggest computerized asset with a continuous market estimation of $14.5 billion, totally changed its benefit toward the end of the week and added up to $130.50 at the hour of composing. ETH/USD has lost over 2.5% over the most recent 24 hours and has stayed...

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2019 Bitcoin Wrap: How Fundamental Factors Dictate Market Sentiment

At the time of writing, BTC/USD was changing hands for $7,230.01, down about 2% in the last 24 hours and not changing since the start of the day. The cryptocurrency of the first choice is closed in the range with a moderate bearish bias before the New Year.Brokers and financial specialists will, in general, leave the space during significant occasions. Accordingly, low, slow action prompts low volumes and low liquidity. While the generally merry season in the business sectors is exhausting,...

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Tron (TRX) Price Analysis: Bulls Protecting Support, Fresh Increase Likely

Tron price is trading above the $0.0130 and $0.0132 support levels against the US Dollar.TRX price is facing a major hurdle near the $0.01388 resistance level.There is a connecting bullish trend line forming with support near $0.0132 on the 4-hours chart (data feed via Bitfinex).The bulls seem to be aiming an upside break above the $0.01388 and $0.0140 resistance levels.TRON price is consolidating above key supports against the US Dollar, similar to bitcoin. TRX price must settle above...

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Ethereum Price Analysis: ETH Primed For Another Rally

Ethereum price is trading above the $128 and $130 support levels against the US Dollar.ETH price is likely to start another rally above the $135 resistance area.There was a break above a major bearish trend line with resistance near $129 on the 4-hours chart (data feed from Coinbase).The price remains well supported on the downside near the $128 area.Ethereum price is trading above key supports against the US Dollar. ETH/USD is likely to start a new upward move above the $135 and $140...

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