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Tag Archives: Accelerating

Bitcoin Price Watch: BTC/USD Accelerating Gains Toward $6,700

Key Points Bitcoin price traded further higher and broke the $6,515 resistance area against the US Dollar. There was a break above a key contracting triangle with resistance at $6,440 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to accelerate gains above the $6,550 and $6,600 levels in the near term. Bitcoin ...

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Bitcoin Cash Price Analysis: BCH/USD Accelerating Losses Below $700

Key Points Bitcoin cash price declined sharply and broke the $700 and $670 support levels against the US Dollar. Yesterday’s highlighted important bearish trend line prevented gains near $705 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is under a lot of pressure and it could slide further towards the $620 support. Bitcoin cash ...

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Ripple Price Analysis: XRP/USD Accelerating Above $0.5200

Key Highlights Ripple price rocketed higher and broke the $0.5000 and $0.5200 resistance levels against the US dollar. There is a major bullish trend line in place with support at $0.4920 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting lower, but it remains supported near $0.5100 and $0.5000. Ripple price broke ...

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The Financialization of the Crypto Ecosystem Is Accelerating, Expert Take

In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV ...

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Bitcoin Cash Price Analysis: BCH/USD Accelerating Declines

Key Points Bitcoin cash price is under pressure and is currently trading below $920 against the US Dollar. There is a short-term bearish trend line formed with resistance at $900 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may continue to move down and it could soon break the $875 support level. Bitcoin cash ...

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Ripple Price Technical Analysis – XRP/USD Accelerating Declines

Key Highlights Ripple price declined further and broke the $0.7800 support level against the US dollar. Yesterday’s highlighted important bearish trend line is still intact with resistance near $0.7950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to accelerate declines and it could soon test the next support at $0.7480 in the ...

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Cardano Price Technical Analysis – ADA/USD Accelerating Higher

Key Highlights ADA price gained upside momentum and settled above $0.2600 against the US Dollar (tethered). There is a rising channel forming with support around the $0.2650 level on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains in a strong uptrend and it could accelerate above the $0.3000 level in the near term. Cardano ...

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