Thursday, April 25Your Daily Bitcoin & Altcoin News Portal

Author: Wealthy Miner

Ripple Price Technical Analysis – XRP/USD to Surge Above $0.2250?

Ripple Price Technical Analysis – XRP/USD to Surge Above $0.2250?

PRICE ANALYSIS
Please share if you find this article interesting. Ripple Price Technical Analysis – XRP/USD to Surge Above $0.2250? Key Highlights Ripple price gained a lot of bids recently and moved above the $0.2150 level against the US Dollar. There was a clear break above a major bearish trend line with resistance at $0.2040 on the hourly chart of the XRP/USD pair (data source from Kraken). The price traded above the $0.2200 level and it might continue to move higher. Ripple price is gaining a lot of momentum against the US Dollar and Bitcoin. XRP/USD might soon break $0.2250 for further gains. Ripple Price Trend It was a good start to a new uptrend in Ripple price above the $0.2050 level against the US Dollar. The price was able to gather strong bullish momentum and was able to move above
DASH/USD and LTC/USD Technical Analysis November 9 2017

DASH/USD and LTC/USD Technical Analysis November 9 2017

PRICE ANALYSIS
Please share if you find this article interesting. DASH/USD and LTC/USD Technical Analysis November 9 2017 [embedded content] DASH/USD DASH continues to pound against the $300 level, and an attempt to break out. The stochastic oscillator is starting to reach the overbought area, so be interesting if we can break out above the recovery dollars level, as it would signify a major shift in momentum. I have been saying for days that I believe DASH is trying to build up enough momentum to finally break out to the upside, and that we are forming a basing pattern. A break above the $310 level would confirm that for me. LTC/USD Litecoin has broken above the previous uptrend line, which had been offering resistance as I recorded the video for yesterday. We have reached as high as $64, a...
BTC/USD and BTC/JPY Technical Analysis November 9 2017

BTC/USD and BTC/JPY Technical Analysis November 9 2017

PRICE ANALYSIS
Please share if you find this article interesting. BTC/USD and BTC/JPY Technical Analysis November 9 2017 [embedded content] BTC/USD Bitcoin rallied a bit during the day on Wednesday, using the $7000 level as support, bouncing towards the $7500 level. We are currently on path to make a fresh, new high, and every time that happens, it’s an obvious buy signal. I also believe that pullbacks will continue to be attractive, and that $7000 should now offer a bit of a new floor for the market. BTC/JPY Bitcoin also fell against the Japanese yen of the last couple of sessions, but has found the ¥800,000 level to be supportive enough to turn the thing around. It now looks as if the ¥800,000 level is the floor, and that a fresh, new high is another buying opportunity. Thanks for watching
China Struggles to Lay Killing Blow to Bitcoin, Currency Thrives

China Struggles to Lay Killing Blow to Bitcoin, Currency Thrives

BITCOIN
Please share if you find this article interesting. China Struggles to Lay Killing Blow to Bitcoin, Currency Thrives China became the first country to take a hardline approach to ICOs, then moved on to Bitcoin and the exchanges that trade the digital currency. Despite these bold and brazen efforts, Bitcoin’s price is higher than ever, and the currency continues to be a factor in China. Where there’s a will there’s a way, and Chinese investors are still managing to trade Bitcoin and buy into controversial ICOs. Fear of drop The initial news of China’s take down of Bitcoin, which was timed with Jamie Dimon’s slur on Bitcoin, caused the price to take a dive. As the price dropped from $5,000 to $3,000 on the news, the fear was that further exclusion of a major Bitcoin player, like Chi
ALT COIN MONERO AND DASH BROKE ABOVE KEY RESISTANCE LINES (November 9, 2017)

ALT COIN MONERO AND DASH BROKE ABOVE KEY RESISTANCE LINES (November 9, 2017)

PRICE ANALYSIS
Please share if you find this article interesting. ALT COIN MONERO AND DASH BROKE ABOVE KEY RESISTANCE LINES (November 9, 2017) Before yesterday, alt coin NEO trading charts were “boring”. Simply put, volatility remained low and within a $4 range. However, yesterday there price action across major alt coin rallied with Monero and DASH breaking above key resistance lines. ALT COIN NEM BROKE ABOVE RESISTANCE $0.20 NEMUSD Daily Chart for 09.11.2017 Yesterday, alt coin NEM closed as a strong bull after price action broke above the resistance line at $0.20. While this was expected given the across the board appreciation of alt coins, it also meant that NEM bulls should benefit in the coming sessions. Since price action closed above the 20 period MA, bulls should enter long. These long
Ethereum Price Technical Analysis – ETH/USD Signaling Gains

Ethereum Price Technical Analysis – ETH/USD Signaling Gains

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum Price Technical Analysis – ETH/USD Signaling Gains Key Highlights ETH price recovered sharply after bitcoin hard fork was called off and moved above $302 against the US Dollar. There is a major bullish trend line forming with current support at $304.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to move higher as long as it stays above $302 and $300. Ethereum price recovered sharply against the US Dollar and Bitcoin. ETH/USD gained pace above $300 after bitcoin hard fork was called off. Ethereum Price Support It was an interesting day as ETH price surged above $300 against the US Dollar. The price gained pace after bitcoin hard fork was called off. Buyers stepped up the momentum and
Fiat Currency Will be Laughable in Five Years Says Billionaire Tim Draper

Fiat Currency Will be Laughable in Five Years Says Billionaire Tim Draper

BITCOIN
Please share if you find this article interesting. Fiat Currency Will be Laughable in Five Years Says Billionaire Tim Draper Tim Draper has every reason to be bullish on Bitcoin as he has seen his $20 mln investment in the digital currency grow by over 1,000 percent in just three years. Draper is now predicting that in five years fiat will be so obsolete, it will be laughable. The tech investor has made a fortune backing companies like Skype, Tesla and Twitter. He first got involved in Bitcoin after he bought 30,000 of them in 2014 in a government auction of assets seized from Silk Road. Don’t be a laughing stock While Draper may be on the defensive after his ICO baby Tezos became embroiled in scandal, leading to a class action lawsuit, he is still highly bullish about the future
Bitcoin Price Technical Analysis for 11/09/2017 – Pop Higher on Hard Fork Suspension

Bitcoin Price Technical Analysis for 11/09/2017 – Pop Higher on Hard Fork Suspension

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Technical Analysis for 11/09/2017 – Pop Higher on Hard Fork Suspension Bitcoin Price Key Highlights Bitcoin price enjoyed additional volatility on news that the hard fork will be suspended. Price popped up to new highs at $7900 before quickly retreating. The ascending channel marked earlier is still intact, which means that bullish momentum is still present. Bitcoin price popped higher on reports that the network update will be suspended but settled back inside its ascending channel. Technical Indicators Signals The 100 SMA is still above the longer-term 200 SMA so the path of least resistance is to the upside, but the gap between the two is narrowing to reflect weaker bullish momentum. If a downward crossover mater

Strong Case For $8,000 Bitcoin Price in 2017, No SegWit2x and CME Futures

PRICE ANALYSIS
Please share if you find this article interesting. Strong Case For $8,000 Bitcoin Price in 2017, No SegWit2x and CME Futures It is highly likely that the bitcoin price will surpass the $8,000 mark by the end of 2017, as SegWit2x has been called off by it supporting businesses and developers. Earlier today, BitGo CEO Mike Belshe released an official statement in regards to the termination of SegWit2x due to a lack of consensus to pursue the SegWit2x hard fork on November 16. A statement co-released by ShapeShift CEO Erik Voorhees, Blockchain CEO Peter Smith, Xapo CEO Wences Casares, and SegWit2x lead developer Jeff Garzik read: “Our goal has always been a smooth upgrade for Bitcoin. Although we strongly believe in the need for a larger block size, there is something we believe is
Bitcoin Price Watch; Riding Out Tonight’s Volatility

Bitcoin Price Watch; Riding Out Tonight’s Volatility

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Watch; Riding Out Tonight’s Volatility We are now drawing things to a close on the European session in our bitcoin price trading efforts and it’s time to take the second of our twice daily looks at what’s moving and where we think that things are set to go next. Anyone that caught our analysis this morning will know that we were looking for a continuation of the volatility that has dominated the daily sessions this week so far, given that this volatility serves up some nice opportunities for sustainable momentum based entries. As we head into the evening, it turns out that we got pretty much exactly what we had hoped for. Price has sustained its volatility throughout the session today and it looks as though we are g