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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


Analyst Projects $55,000 Price for Bitcoin by 2020. Is this Possible?

Bitcoin (BTC) has been slow at surging above $4,000 although it has also managed to maintain its position there. This has made it hard to tell if it will be going up or down the next minute. However, a renowned analyst has projected that BTC will hit $55,000 by 2020 when the halving of its […] The post Analyst Projects $55,000 Price for Bitcoin by 2020. Is this Possible? appeared first on ZyCrypto. дальше »

2019-3-29 01:11


EOS Price Analysis: Cryptocurrency surges by 14% as EOS gets podium finish on Weiss Ratings

EOS, the fourth largest cryptocurrency on CoinMarketCap was surging for the past few days. This hike can be linked to the release of Weiss Crypto Rating’s annual crypto report. It awarded EOS the second position and an A grade for its promising tech/adoption for long-term investors and an attractive risk/reward for short-term investors. дальше »

2019-3-28 18:30


‘Wrong at Virtually Every Level’: Elon Musk Torches ‘Radical’ SEC for Twitter Gag Attempt

Billionaire Elon Musk fired back at the Securities and Exchange Commission’s February 2019 contempt filing designed to muzzle the Tesla CEO’s Twitter commentary. Elon Musk: ‘SEC’s Position Is Wrong’ In a fiery response filed March 22 in New York federal court, Musk slammed the SEC for its “radical reinterpretation” of a September 2018 consent decree under which he agreed to get approval from Tesla’s board before tweeting anything that could impact TSLA’s stock price. дальше »

2019-3-24 14:41


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


Latest Litecoin Price Momentum Has Crypto Investors Predicting LTC Can Oust XRP By End of 2019

A recent article has made a pretty interesting and largely optimistic prediction for Litecoin (LTC). The article which was posted on the official Forbes website, projected that Litecoin will end the year as the third largest cryptocurrency ranked by the market capital, ultimately displacing Ripple’s XRP, which is the current third position. Possible Reasons for […] дальше »

2019-3-10 22:00


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


Bearish Price Prospect Ahead for XRP and Tron

Although the cryptocurrency market was a bullish one last week, XRP still saw a dip which took it back to the third position on the list of the largest cryptocurrency by market cap. XRP was at the second position, but due to the coin trailing, Ethereum who had trailed to the third position retook its […] The post Bearish Price Prospect Ahead for XRP and Tron appeared first on ZyCrypto. дальше »

2019-2-18 22:09


Ripple Price Analysis: Ripple Loses Its Second Position to Ethereum As XRP/USD Remains Trapped In Symmetrical Triangle Pattern

Support for XRP moving forward: $0.3028, $0.30, $0.2924, $0.2858. Resistance for XRP moving forward: $0.3150, $0.3185, $0.3284, $0.3325, $0.3385,… The post Ripple Price Analysis: Ripple Loses Its Second Position to Ethereum As XRP/USD Remains Trapped In Symmetrical Triangle Pattern appeared first on Invest In Blockchain. дальше »

2019-2-11 16:55