Archive | January 10, 2018

Ripple Price Technical Analysis – XRP/USD Bearish U-Turn

Key Highlights Ripple price extended declines and moved below the $1.80 support against the US Dollar. Yesterday’s highlighted crucial bearish trend line with current resistance at $1.85 is still in place on the hourly chart of the XRP/USD pair (data source from Kraken). The price continues to move down and it could soon break the […]

0.00025 BTC IS IOTA’S MINOR RESISTANCE LINE AND A POTENTIAL BULL TRIGGER

Like LTC, IOTA’s short term trend depends on if prices will close above the minor resistance trend line. For IOTA, there are some spinning tops in the weekly chart while LTC sellers or BTC bulls continue to push prices lower towards the main double bottoms at 0.014 BTC in the 4HR chart. In the mean […]

South Korea announces Bitcoin ban plan – BBC News

BBC NewsSouth Korea announces Bitcoin ban planBBC NewsSouth Korea is planning a law to ban cryptocurrencies such as Bitcoin being traded through its exchanges. The justice minister said virtual currencies were causing the government “great concern”. Meanwhile, several Seoul cryptocurrency exchanges have …Bitcoin falls as one of the world’s biggest cryptocurrency markets readies a bill […]

COINTED: PAYCO THE FUTURE OF PAYMENTS

Making digital currency part of everyday lives is any crypto enthusiast’s dream. However, implementing cryptocurrency into the current payment systems is often turns infeasible or too costly. PayCo is a payment solution interface that allows clients to pay with crypto and the merchant to receive the payment in fiat. The problem Although some vendors and […]

Ethereum Price Technical Analysis – Can ETH/USD Hold 100 SMA

Key Highlights ETH price is currently correcting lower after trading as high as $1379.12 against the US Dollar. There is a descending channel forming with support around the $1200 level on the hourly chart of ETH/USD (data feed via SimpleFX). The pair must hold the $1200 support and the 100 hourly simple moving averages to […]

Bitcoin Cash Price Technical Analysis – BCH/USD Surges Past $2700

Key Points Bitcoin cash price finally gained traction and moved above the $2700 level against the US Dollar. There was a break above two bearish trend lines with resistance at $2440 on the hourly chart of BCH/USD (data feed from Kraken). The pair is now placed nicely above the $2500 support and the 100 hourly […]

Putting the Substratum Rumors to Rest

Substratum is a project aiming to power the decentralized web by allowing free and equal internet access to users around the globe. The project promises to allow anyone to host a node and receive Substrate in return for contributing to the network. Currently the product is in closed-beta allowing only a select few participants, supposedly […]

Bitcoin Price Technical Analysis for 01/11/2018 – A Bit More Bullish Momentum

Bitcoin Price Key Highlights Bitcoin price is still within its ascending channel on the 1-hour time frame and has bounced off support. A bit more bullish momentum can be seen as price broke past a small descending trend line. Technical indicators, however, are signaling that bearish pressure could kick in soon. Bitcoin price looks ready […]