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Tag Archives: #icx

Cardano Price Analysis: ADA/USD Bullish Above $0.2500

Key Highlights ADA price started an upside move and traded above the $0.2500 resistance against the US Dollar (tethered). There is a major bullish trend line formed with support at $0.2480 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains well supported for more gains above the $0.2480 and $0.2500 levels. Cardano price is ...

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Ethereum Price Analysis: Can ETH/USD Continue Higher?

Key Highlights ETH price gained traction and moved above the $690 and $700 resistance levels against the US Dollar. There is a key connecting bullish trend line formed with support at $704 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to stay above the $704 support and the 100 hourly simple moving average to move ...

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Tom Lee Owns his Bad Consensus Bitcoin Prediction

Much has been written about what went wrong at last weeks Consensus 2018. Why despite the massive increase in attendance the energy surrounding the conference felt so muffled and ultimately why it failed to provide the market bump that analysists and pundits predicted. Crypto Bull Tom Lee Owns His Bad Prediction In hindsight, some of the problems are clear to see; ...

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Golden Suits, Doc Filming And Bad Crypto

In adult life, one way or another, no one escapes the suit. If you have but contempt for what it stands for, it might end up owning your day completely. It does not matter if it is above or beneath you. On the other hand, wearing one with the wrong outlook can be a severe detriment to the soul. The ...

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Ripple Price Analysis: XRP/USD Reached Turning Point

Key Highlights Ripple price declined once again and broke the $0.6800 support level against the US dollar. There is a major bearish trend line forming with resistance at $0.6800 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently testing a key support area near $0.6470, which could produce an upside correction. Ripple price ...

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Bitcoin Price Watch: BTC/USD at Risk of Further Declines

Key Points Bitcoin price declined and broke a key support level at $8,200 against the US Dollar. There was a break below a triangle pattern with support at $8,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may correct a few points in the short term, but it could face resistance near $8,150 and ...

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Ethereum Price Analysis: ETH/USD’s Support Turned Resistance

Key Highlights ETH price failed to recover further and declined below the $690 support against the US Dollar. There was a break below an ascending channel with support at $690 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded as low as $656 and it is currently correcting losses towards $680. Ethereum price is under pressure ...

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The Bitcoin Network Uses as Much Electricity as Ireland: Study

According to a new study, the Bitcoin network could be consuming as much as 0.5% of the world’s total electricity — a number comparable to the amount of power used by the entire country of Ireland.  Bitcoin and Electricity Usage That said, determining exactly how much electricity the Bitcoin network uses, necessary for understanding its impact and implementing policy in ...

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