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Tag Archives: XVG

Ethereum Price Analysis: ETH/USD Jumps Above Key $200 Resistance

Key Highlights ETH price finally gained momentum and broke the $197 resistance against the US Dollar. There was a break above a key bearish trend line with resistance at $197 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now placed nicely above the $197 and $200 resistance levels. Ethereum price gained momentum recently against the ...

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Cardano Price Analysis: ADA/USD Surging Towards $0.090

Key Highlights ADA price formed a decent support near the $0.0700 level and rallied recently against the US Dollar (tethered). There was a break above a key bearish trend line with resistance at $0.0802 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is placed nicely in a positive zone and it could move further ...

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Ripple Price Analysis: XRP/USD Rallies Above $0.4200

Key Highlights Ripple price rallied recently and broke the $0.4200-0.4300 resistance against the US dollar. There was a break above two key bearish trend lines with resistance near $0.4200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair cleared the all-important $0.4200 resistance and the 100 hourly simple moving average. Ripple price is rallying sharply ...

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Tether Forces Bitcoin to Achieve $7,500, Crypto Market Adds $20 Billion

The crypto market and Bitcoin investors were in for a shock on Monday morning, as Tether, a self-proclaimed “stablecoin,” fell 6% below its U.S. Dollar (USD) peg amid a growing sense of confusion within the cryptosphere. Tether, Bitfinex Worries Plague Crypto Market During the wee hours of Monday morning, crypto assets saw a strong, but suspicious move to the upside, even ...

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Bitcoin is Maturing, Crypto Growth Surprisingly Positive Reveals Study

New research published in a renowned scientific journal speculates that the Bitcoin markets are rapidly maturing, which could be positive news for investors. The journal – called Chaos: An Interdisciplinary Journal of Nonlinear Science – highlights some interesting features regarding the rapidly evolving cryptocurrency markets in a report titled “Bitcoin market route to maturity? Evidence from return fluctuations, temporal correlations, and ...

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Blockchain Platform Joins Transport Alliance to Better Offer Supply Chain Solutions

Chainstack, a Singapore-based multi-cloud and multi-protocol Platform as a Service using decentralized networks, has joined the Blockchain in Transport Alliance (BiTA). BiTA is involved in determining best practices in the transportation, logistics, and supply chain marketplace using blockchain. Supply Chain Platform Chainstack Joins World’s Largest Commercial Blockchain Alliance The world has spent the last few years finding new use cases for ...

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Bitcoin Price Watch: BTC/USD’s Support Turned Resistance

Key Points Bitcoin price failed to trade higher towards $6,800 and declined recently against the US Dollar. Yesterday’s highlighted key bullish trend line was breached with support at $6,560 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair declined below the $6,500 support and tested the $6,440 support level. Bitcoin price trimmed most of its ...

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Bulls Slow Down, ADA Break Above Resistance

Aside from Monero which already broke below the two-month support trend line and is bearish, EOS, Stellar Lumens, Cardano and Litecoin did register minor losses. But even if we were bullish, we expect further gains and bulls to follow through on Oct 8 gains thanks to shifting momentum and favorable candlestick formation. All things constant, our last altcoin trade plans ...

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Juniper Research: “The Crypto Industry is on the Brink of an Implosion”

In an extensive paper dedicated to the future of cryptocurrencies, Juniper Research Ltd. present a bleak view of the market over the coming months and years. The financial analysis group states that the entire Bitcoin and digital asset space appears to be heading towards an “implosion”. Juniper’s Report Analyses Cryptos Over the Next Five Years During the paper titled “The Future of ...

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