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Tag Archives: bullish

Institutional Money into Crypto amid Bearish Times is Bullish

An oversold market makes the best time to enter. And experts believe it is happening with crypto industry as it retains a yearly bearish bias. The significant dip seen in 2018, followed by consecutive strong rebounds from a specific bottom area has upped medium-term bullish sentiments in the crypto market. Bitcoin, the cryptocurrency with the highest dominance, for instance, has reversed its ...

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Ripple Price Analysis: XRP/USD Bullish Above $0.4250

Key Highlights Ripple price surged higher and broke the key $0.4200 and $0.4300 resistance levels against the US dollar. There is a short-term channel formed with support at $0.4290 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to break the $0.4500 resistance to climb once again towards the $0.4700 level. Ripple price ...

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Not Bullish on ICO, How Wall Street Really Thinks About Bitcoin

Crypto venture capitalist Barry Silbert said that he is not bullish on the projects raising funds via Initial Coin Offering, or ICO. The Digital Currency Group founder told Forbes that he philosophically supported the idea of disintermediating funding process but yet found it uncompelling from the point of view of purpose, capability, legality, and valuation. Utility Token Sales are Senseless Silbert ...

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Litecoin Price Turns Bullish as Gemini Announces LTC Trading

Today could shape up to be an interesting day for a fair few cryptocurrencies. One of the more interesting markets right now is Litecoin, even though its overall gains are anything but spectacular. That is not necessarily a bad thing either, but there are some developments behind the scenes to keep an eye on. Litecoin Price is on the Move ...

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Successful ViaBTC’s ICO is Very Bullish for BCH

ViaBTC demonstration that it’s possible for startups to raise funds on the Bitcoin Cash blockchain is very bullish for BCH investors. Complementing this is Roger Ver’s solid plan of setting up a “high liquid exchange with BCH as base”. This and other fundamental development means our previous Bitcoin Cash trade plan is valid. In that case we recommend risk-off, aggressive ...

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3 Bullish XLM Price Predictions for Late 2018

Digital assets often tend to leave cryptocurrency communities divided. In the case of Stellar and its Lumens currency, there are those who like the appeal and others who think this project needs to be eradicated. Conflicting opinions often lead to intriguing price predictions, and this asset seems bound to undergo some interesting changes in that department. #3 The XLM Pennant ...

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Ethereum Price Analysis: ETH/USD Bullish Above $224

Key Highlights ETH price traded higher and spiked above the $230 resistance against the US Dollar. There is a key ascending channel in place with support at $226 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains well supported above the $224 and $226 levels in the near term. Ethereum price slowly climbed higher against the ...

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Bitcoin (BTC) Price Watch: Is That a Bullish Breakout Yet?

Bitcoin Price Key Highlights Bitcoin price appears to be closing above the top of its symmetrical triangle pattern to show that bulls are gaining the upper hand. If so, this could lead to a rally that’s roughly the same height as the formation, which spans $6,000 to $10,000. Technical indicators are giving mixed signals, although there seem to be signs ...

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Institutions More Bullish on Bitcoin than Retail Investors: Fundstrat

There’s a general perception that retail investors are susceptible to rosy-eyed forecasts about the future of bitcoin, while institutions are more clear-headed about the prospects of this nascent asset class. However, a new survey conducted by Wall Street strategy firm Fundstrat suggests that once institutional investors are interested in bitcoin, they become even more bullish than their retail counterparts. Institutions ...

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XRP Price Turns Bullish as Bitcoin Momentum Picks up

All of the major cryptocurrencies find themselves in the green once again. Although there is still a long way to go prior to speaking of an actual recovery, this current trend looks promising for the remainder of the week. The XRP price is enjoying a positive spell once again, pushing the value back to $0.53. XRP Price Is Still Going ...

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