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Ethereum

Cardano Price Analysis: ADA/USD Remains in Range above $0.1000

Key Highlights ADA price traded higher recently above $0.1050 before facing sellers near $0.1100 against the US Dollar (tethered). There was a break below a key bullish trend line with support at $0.1035 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to extend slides towards the $0.1000 and $0.0980 support levels in ...

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Ripple Price Analysis: XRP/USD Could Retest $0.3200 Support

Key Highlights Ripple price traded above the $0.3500 level and later faced resistance near $0.3530 against the US dollar. There was a break below a key bullish trend line with support at $0.3380 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently under pressure and it could revisit the $0.3200 support area in ...

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Ethereum Price Analysis: ETH/USD Signaling More Upsides Above $296

Key Highlights ETH price recently traded towards the $303-305 level and later corrected lower against the US Dollar. There is a major bearish trend line formed with resistance near $295 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains nicely supported near the $288 level and the 100 hourly simple moving average. Ethereum price is positioned ...

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Bitcoin (BTC) Price Watch: Don’t Miss This Bullish Pullback

Bitcoin Price Key Highlights Bitcoin price is trending higher inside an ascending channel on the 4-hour chart and is testing the top. A pullback to support might be due from here, so as to gather more bullish energy on the climb. The uptrend is likely to resume since the 100 SMA is completing a crossover above the 200 SMA. Bitcoin ...

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Bitcoin Cash Price Analysis: BCH/USD Could Test $600 Before Higher

Key Points Bitcoin cash price is consolidating below the $650 resistance area against the US Dollar. There is a contracting triangle forming with support near $630 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may well break the triangle to test the $600 support before moving higher again. Bitcoin cash price is positioned nicely ...

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Bitcoin (BTC) Price Analysis

Regardless of the sentiment and interpretation of the 10,000 BTC short position of Sep 1, prices seem to be bottoming out. At current prices, BTC is up an impressive nine percent in the last week and two percent in the last 24 hours. We expect coin specific fundamentals to prop prices going forward. As such, placing longs on every pull ...

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Litecoin, EOS, Stellar Lumens, Tron, IOTA Price Analysis

Judging from the way candlesticks are arranged, altcoins appear to be bottoming gaining on average six percent in the last week. Propelling this recovery is the revival of Bitcoin prices which is up nine percent in the last week and on chain developments that drew demand in Tron and IOTA. Stellar Lumens on the other hand is shaky oscillating inside ...

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Bitcoin Shorts Reach All-Time Highs During Low Market Cycle, What’s Next?

Bitcoin short positions have been ranging near their all-time highs during the past month, signaling that traders are giving up hope that Bitcoin will maintain its current price of over $7,200. On September 1st, a notable 10,000 BTC short position was opened, bringing Bitcoin short positions back near their all-time high as Bitcoin shows relative stability in the low $7,000s. ...

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Cryptocurrency Market Update: Bitcoin Cash Boosted on Stress Test Day

Sunday seeing further gains; Bitcoin Cash, Neo and Verge all performing solidly. That green feeling has continued over the weekend in crypto land as the recovery gains momentum. Market capitalization has climbed a little again pushing it over $235 billion, its highest level for over three weeks. Bitcoin keeps climbing, albeit very slowly, it has made 2.3% on the day ...

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