Sunday, October 21Your Daily Bitcoin & Altcoin News Portal

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Cardano Price Technical Analysis – ADA/USD Could Test $0.25

Cardano Price Technical Analysis – ADA/USD Could Test $0.25

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Please share if you find this article interesting. Cardano Price Technical Analysis – ADA/USD Could Test $0.25 Key Highlights ADA price is slowly rising higher and is currently trading above the $0.2100 support against the US Dollar (tethered), but faced sellers near $0.2230. There is a key connecting bullish trend line forming with support at $0.2150 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may continue to rise and it could break the $0.2350 resistance for a test of $0.2500. Cardano price is trading above key supports against the US Dollar and Bitcoin. ADA/USD could rise in the short term towards the $0.2500 level. Cardano Price Support There was a nice support base forming above the $0.1800 level ADA price against the US Dollar. The price traded
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Ripple Price Technical Analysis – XRP/USD Extends Consolidation

Ripple Price Technical Analysis – XRP/USD Extends Consolidation

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Please share if you find this article interesting. Ripple Price Technical Analysis – XRP/USD Extends Consolidation Key Highlights Ripple price is trading in a range above the $0.7700 support level against the US dollar. Yesterday’s highlighted monster contracting triangle pattern with current support near $0.7700 is intact on the hourly chart of the XRP/USD pair (data source from Kraken). The pair seems to be struggling to gain momentum above $0.8000 and the 100 hourly simple moving average. Ripple price continues to trade in a range against the US Dollar and Bitcoin. XRP/USD may rise, but it could struggle to break the $0.8000 and $0.8200 resistances. Ripple Price Range There was no upside action above $0.8000 in Ripple price against the US Dollar. The price is currently trading
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NEO, EOS, LTC, Monero, Lumens: Technical Analysis March 14, 2018

NEO, EOS, LTC, Monero, Lumens: Technical Analysis March 14, 2018

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Please share if you find this article interesting. NEO, EOS, LTC, Monero, Lumens: Technical Analysis March 14, 2018 While there is an obvious slide of altcoins prices, there is hope for EOS, LTC and NEO. Technically, these charts are hinting of possible price appreciation with series of higher highs at lower time frames happening at key support lines. NEO prices looks interesting and not only are sellers testing the main support line in the weekly chart but a buy signal in the daily chart and rejection of lower lows in the 4HR chart may mean a lift off past $90. On the flip side though, sellers can further erode prices and drive NEO to $55. Let’s have a look at these charts: XLM/USD (Stellar Lumens) XLM/USD Bittrex Daily Chart for March 14, 2018 Besides the strong bear Lumens tra
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Ethereum Price Technical Analysis – Can ETH/USD Move Higher?

Ethereum Price Technical Analysis – Can ETH/USD Move Higher?

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Please share if you find this article interesting. Ethereum Price Technical Analysis – Can ETH/USD Move Higher? Key Highlights ETH price is slowly gaining pace from the $677 swing low against the US Dollar. There is a connecting bullish trend line forming with current support at $685 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to move above the 100 hourly simple moving average and $710 to gain traction. Ethereum price is slowly rising higher against the US Dollar and Bitcoin. ETH/USD may climb higher in the near term above the $710 level. Ethereum Price Resistance Yesterday, there was a downside move, but it was contained by the $677 level in ETH price against the US Dollar. The price was seen struggling, but buyers succeeded in preventing any major breakd
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Bitcoin Price Technical Analysis for 03/14/2018 – Waiting for a Triangle Break

Bitcoin Price Technical Analysis for 03/14/2018 – Waiting for a Triangle Break

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Please share if you find this article interesting. Bitcoin Price Technical Analysis for 03/14/2018 – Waiting for a Triangle Break Bitcoin Price Key Highlights Bitcoin price has formed lower highs and higher lows, creating a symmetrical triangle pattern on its 1-hour chart. Technical indicators are showing that a downside break might be more likely to happen. The chart pattern spans $8400 to $10,000 so the resulting move could be of the same height. Bitcoin price is currently consolidating in a short-term symmetrical triangle while investors are waiting for the next big catalyst. Technical Indicators Signals The 100 SMA is below the longer-term 200 SMA on the 1-hour time frame, which suggests that the path of least resistance is to the downside. In other words, support is more lik
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Bitcoin Cash Price Technical Analysis – BCH/USD to Break Higher?

Bitcoin Cash Price Technical Analysis – BCH/USD to Break Higher?

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Please share if you find this article interesting. Bitcoin Cash Price Technical Analysis – BCH/USD to Break Higher? Key Points Bitcoin cash price is holding ground and is currently trading above the $1,040 support against the US Dollar. The BCH/USD pair is currently attempting an upside break above a bearish trend line with resistance at $1,068 on the hourly chart (data feed from Kraken). The pair may rise in the near term and it could break the $1,100 resistance. Bitcoin cash price is showing positive signs above $1,040 against the US Dollar. BCH/USD may perhaps start a decent upside move above $1,100 or $1,140. Bitcoin Cash Price Support There was no major downside push below $1,000 in bitcoin cash price against the US Dollar. The price managed to hold the ground above the $1,0
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Ethereum Classic Price Technical Analysis – Can ETC/USD Hold $20?

Ethereum Classic Price Technical Analysis – Can ETC/USD Hold $20?

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Please share if you find this article interesting. Ethereum Classic Price Technical Analysis – Can ETC/USD Hold $20? Key Highlights Ethereum classic price is finding it hard to hold a major support at $20.00 against the US dollar. There are two key bearish trend lines forming with resistance at $21.00 and $23.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair must break above the $23.00 resistance and settle above the 100 hourly simple moving average. Ethereum classic price is struggling to recover against the US Dollar and Bitcoin. ETC/USD has to move above the $21.00 and $23.00 resistances to gain upside momentum. Ethereum Classic Price Resistance There was no substantial recovery above $24.00 in ETC price during the past few days against the US dollar.
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Ripple Price Technical Analysis – XRP/USD Holding $0.75 Support

Ripple Price Technical Analysis – XRP/USD Holding $0.75 Support

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Please share if you find this article interesting. Ripple Price Technical Analysis – XRP/USD Holding $0.75 Support Key Highlights Ripple price is holding a major support area near $0.7500 against the US dollar. There is a monster contracting triangle pattern forming with support near $0.7600 on the hourly chart of the XRP/USD pair (data source from Kraken). On the upside, the pair is facing a major resistance near the $0.8000 resistance and the 100 hourly simple moving average. Ripple price is holding key supports against the US Dollar and Bitcoin. XRP/USD has to gain momentum above $0.8000 and $0.8200 to gain traction. Ripple Price Range There was no major move above $0.8400 in Ripple price during the past two sessions against the US Dollar. The price tested the $0.8300 level, f
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Bitcoin Cash Price Technical Analysis – BCH/USD Holding Key Support

Bitcoin Cash Price Technical Analysis – BCH/USD Holding Key Support

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Please share if you find this article interesting. Bitcoin Cash Price Technical Analysis – BCH/USD Holding Key Support Key Points Bitcoin cash price is trading above the $1,020 support and is currently in a positive zone against the US Dollar. There is a crucial bullish trend line forming with support near the $1,020 on the hourly chart of BCH/USD (data feed from Kraken). The pair is currently placed just above the 100 hourly simple moving average and $1,050. Bitcoin cash price is trading nicely in a positive zone above $1,020 against the US Dollar. BCH/USD could rise in the near term towards $1,080 and $1,100. Bitcoin Cash Price Trend There was a minor upside break yesterday above $1,040 in bitcoin cash price against the US Dollar. The price traded above the $1,050 and $1,065 re
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Bitcoin Price Technical Analysis for 03/13/2018 – Next Downside Targets

Bitcoin Price Technical Analysis for 03/13/2018 – Next Downside Targets

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Please share if you find this article interesting. Bitcoin Price Technical Analysis for 03/13/2018 – Next Downside Targets Bitcoin Price Key Highlights Bitcoin price seems to be having trouble making its way above the broken neckline of the double top. This signals that bears are still very strong and could push price back down to the swing low or extension levels. Technical indicators are also reflecting a slowdown in bullish pressure. Bitcoin price could have more losses in the cards as it failed to bust through an area of interest. Technical Indicators Signals The 100 SMA is above the longer-term 200 SMA to signal that the path of least resistance is to the upside. However, the gap between the moving averages is narrowing to signal fading bullish momentum and a potential downw