ETH price is slowly moving higher and it recently broke the $310 resistance against the US Dollar. There are many supports on the downside near the $310 and $305 levels. There is a rising channel forming with support near $308 on the hourly chart of ETH/USD (data feed via Kraken). On the upside, the price…
Tron (TRX) reacts from 3.1 cents, adds 6.2 percent After Justin Sun’s efforts, Tron is dominating in terms of dApp activity Reaffirming the presence of buyers, yesterday’s support at 3.1 cents is a mark of bulls. It is an intervention and the basis for a TRX possible expansion to above 4 cents reflecting buyers of…
Ripple (XRP) retesting 40 cents, stable in the last day Change of leadership at ECB could be supportive for Ripple and blockchain in general Christine Lagarde will take over from Mario Draghi as the head of ECB. As a blockchain and crypto believer, her entry is significant. On more than one occasion she has been…
Litecoin (LTC) bullish above $100 Next month’s halving is decisive for LTC Perhaps the highlight of Q3 2019 will be the Litecoin halving. In a more involving and mature market, the reaction after the event could either disappoint or elate traders. An exponential rise will spur FOMO. However, if LTC dip or range hinting of…
After a strong recovery, bitcoin price struggled to gain momentum above $12,000 against the US Dollar. The price topped near the $12,050 level and recently corrected gains below $11,500. There is a major bearish trend line forming with resistance near $11,700 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair…
ETH price stayed above the $270-275 support and recently recovered higher against the US Dollar. Bitcoin price is currently trading above $11,000, but it is struggling to gain bullish momentum. There is a key breakout pattern forming with resistance near $295 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could either…
Bitcoin (BTC) under pressure, down 8.1 percent Q1-2 2019 marked the end of the crypto winter There is growth and Bitcoin ecosystem is improving. Corporations are sinking millions toward blockchain infrastructure development. At the same time, fund managers can capitalize on BTC’s volatility to register extraordinary gains. At the time of press, BTC is shaky…
Binance Coin (BNB) down 4.5 percent Dogecoin listed at Binance, shift USDT addresses compliant with ERC-20 standards Drawing attention, Binance listing of DOGE is bullish. The altcoin has the support of John McAfee as well as Elon Musk. For Binance clients, USDT addresses are now ERC-20 compliant following the shift on July 4. Meanwhile, BNB…
After a downside correction, bitcoin price fond support near the $10,800 level against the US Dollar. There was a decent recovery in the past two sessions and the price traded above $11,300. There is a key bearish trend line forming with resistance near $11,600 on the hourly chart of the BTC/USD pair (data feed from…
Monero (XMR) is down 7.6 percent week-to-date The privacy-centric network prone to developer centralization In their quest for complete decentralization, Monero, as a blockchain network, has suffered massive drops in hash rate. That follow several upgrades with the sole objective sidelining ASIC miners. Even so, with this, the system is more reliant on its developers,…