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Tag Archives: Trading

Ripple’s Cross-Border Provision Acclaimed by Bank of America, Will It Boost XRP Price?

In an ongoing report, Bank of America (BoA) said that Ripple’s cross-border presentation was innovative and praised it. As a fan of XRP, known under the online nickname BankXRP, pointed out on Twitter,  BoA commended Ripple on the deposits of transitional payments.Bank of America : Ripple cross‐border solution Ripple’s distributed ledger solution remedies legacy correspondent banking infrastructure challenges and provides bi‐directional messaging to enhance payment tracking, data...

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Orchid (OXT) Is Set to Launch on Coinbase Pro

In what has been seen by many to be a resurgence of the crypto space, decentralized virtual private network project Orchid (OXT) is set to be launched on the Coinbase professional platform – Coinbase Pro. Sources indicated that the ERC 20 based token will be introduced in phases to the platform. A blog post on the premier cryptocurrency exchange’s website indicates that support for OXT will be made available to all clients of the exchange in the supported jurisdictions except the state of New...

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Bitcoin Cash Analysis: BCH Could Resume Its Decline

Bitcoin cash price is trading in a bearish zone below the $210 and $216 resistances against the US Dollar.The price is struggling to stay above the key $203 and $200 support levels.There is a major bearish trend line forming with resistance near $210 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could resume its decline if it breaks the $203 support area in the near term.Bitcoin cash price is following a bearish path below $210 against the US Dollar. BCH/USD must...

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EOS Price Analysis: Bears In Action, More Losses Likely

EOS price is declining and it recently traded below the $2.620 support against the US Dollar.The price is now trading above the $2.500 and $2.520 support levels.There is a major bearish trend line forming with resistance near $2.720 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could struggle to stay above $2.500 and it might test the $2.360 support.EOS price is slowly moving into a bearish zone against the US Dollar and bitcoin. The price is likely to struggle...

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BestChange.com Offers Buying Bitcoin in EUR Using Visa/Mastercard

BestChange.com, an e-money exchange service, is constantly working on facilitating the process for exchange virtual digital currencies online. One of the most popular features for traders that the platform offers is an opportunity to buy BTC tokens against Visa/Mastercard EUR.On its website, BestChange has mentioned a list of exchanges offering these services to customers. One of the key features of the platform is the fast monitoring of real-time prices for electronic currencies. Moreover,...

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Litecoin (LTC) Price Analysis: Primed For Downside Thrust

Litecoin price is sliding and it is now trading well below the $45.00 level against the US Dollar.LTC price is under pressure and it could struggle to recover above $44.00 and $45.00.There is a major bearish trend line forming with resistance near $44.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $42.80 and $42.50 levels in the near term.Litecoin price is showing a lot of bearish signs against the US Dollar and...

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Ethereum Outlook: What Can Alter Its Deficiency in Growth

Ethereum prices this year were lower in growth than Bitcoins, as the second-largest cryptocurrency this year increased less than 5%, notwithstanding BTC in spite of that maintains a staggering 95% increase since the beginning of the year, despite previous selling.In light of the successful introduction of the latest network updates in Istanbul hard fork and the growing popularity of DeFi, does catching up with ETH means a viable strategy for investors? From a macroeconomic point of view,...

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Cardano (ADA) Price Analysis: Signs of Bearish Continuation

ADA price declined steadily after it failed to surpass the $0.0400 resistance against the US Dollar.The price is slowly approaching the key $0.0355 support area.Earlier, there was a break below a key contracting triangle with support near $0.0382 on the 4-hours chart (data feed via Kraken).The price is under pressure and it seems like it could even struggle to hold the $0.0355 support.Cardano price is showing a lot of bearish signs against the US Dollar and bitcoin. ADA price is likely to...

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Bitcoin Price Analysis: BTC Breakdown On The Cards

Bitcoin price is under a lot of selling pressure below $7,500 and $7,600 against the US Dollar.The price is likely to tumble if it breaks the $7,200 and $7,030 support levels.There is a crucial contracting triangle forming with resistance near $7,430 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is currently struggling to stay above $7,200 and the contracting triangle support area.Bitcoin price is trading with a bearish bias below $7,500 against the US Dollar....

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Matic Price Drop Looks Like Binance’s Inside Job, Researchers Say

The Matic token was rising steadily during a two weeks long period and people were buying it without thinking of the possible massive price drop. However, as Coinspeaker has already reported, it happened. The project seemed successful from the start, and the investors who bought large amounts must be shocked right now. As their investments vanished and the Matic’s official response is kind of shady.Crypto. The stuff of dreams and nightmares. $MATIC was up 180% in two weeks before crashing 70%...

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