Key Highlights ADA price failed to gain momentum above $0.0800 and declined recently against the US Dollar (tethered). There is a key bearish trend line formed with resistance at $0.0790 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to extend the current decline towards the $0.0735 or…
Latest Ripple News Considering prevailing market conditions, it is clear that it has been a tough week for market participants. With double digit losses and breaks below important support levels, the meltdown was—and continues to be unforgiving. But even as participants despair, XRP did emerge as the winner of the “store of value” race edging…
Ahead of its hard fork, Bitcoin Cash surged as high as 29 percent during the weekend trading session. All the eyes are now on whether the altcoin can swell any further, especially when it promises to offer holders free tokens after its blockchain splits. Trading Sentiment around Coin Forks Traders tend to behave bullishly whenever…
Key Highlights ETH price surged higher recently and broke the $130 and $140 resistance levels against the US Dollar. There is a crucial bullish trend line in place with support at $138 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading near $148 and it could rally above the…
Ripple prices trending within a bull breakout after closing above 34 cents Banks are hesitant to adopt xRapid and instead use xCurrent No doubt, Ripple Inc is proposing a novel and livelihood lifting idea that stands to shape remittance. However, with incumbents holding their ground, revamping their systems and plugging leakages, Ripple has much ground…
Key Points Bitcoin price is still struggling to clear the key $6,520 resistance zone against the US Dollar. There is an important bullish trend line in place with support at $6,430 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently at a risk of a bearish reaction towards…
Bitcoin price gained traction and broke the $3,850 and $3,900 resistance levels against the US Dollar. The price rallied recently and even climbed above $4,000 before correcting lower. There is a major bullish trend line formed with support at $3,940 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains…
XRP price technically bullish Ripple to hire a Country Manager, plans to open a physical office in Shanghai Transactional volumes are low, may rise if prices recover from 30 cents Ripple has grand plans. After funding the Fintech Research at Tsinghua University (THUIFR), the company plans to open a physical office in Shanghai. To that…
ETH price remained well supported above the $138 and $140 levels against the US Dollar. The price recovered, but it struggled to break the $148 and $149 resistance levels. There is a new connecting bullish trend line forming with support at $143 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains…
Key Points Bitcoin price traded further higher above the $6,450 and $6,510 resistances against the US Dollar. There is a short term ascending channel in place with support at $6,505 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely forming a double top pattern near the $6,600 resistance.…