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Trade Recommendation: QTUM

I would be remiss if I left QTUM out of the analysis during these tepid times. What is telling about this price action is the Daily Pivot Moving Averages. Notice the flat (red line) 14 Day Pivot MA and the steep decline of the (yellow line) 30 Day Pivot MA. These two Moving Averages are […]

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IOTA: Price Analysis, June 08

IOTA/USD IOTA has been hanging on to the critical support level of $1.63 for the past three days but is finding it difficult to secure a strong bounce. This increases the possibility of a drop below $1.63. CONTINUE READING.

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Bitcoin Cash: Price Analysis, June 08

BCH/USD Bitcoin Cash sustained above the 20-day EMA for the past two days, but the bears are trying to push prices below the 20-day EMA today. The short-term moving average is flat whereas the long-term moving average is rising. The RSI has also turned flat near the midline. This increases the probability of consolidation in the […]

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Ethereum: Price Analysis, June 08

ETH/USD Ethereum did not trigger our buy levels at $630, suggested in the previous analysis. It has turned down from the 20-day EMA and has broken the trendline support. It is currently trying to hold above the resistance line of the descending channel. If this support breaks and it re-enters the channel, it can slide to $540. […]

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Bitcoin: Price Analysis, June 08

BTC/USD The 20-day EMA is proving to be a major hurdle for Bitcoin. Today, the price has turned down once again. Both the moving averages and the RSI are falling, which is a negative sign. If the immediate support at the small trendline breaks, the digital currency can fall to $7,433, $7,317 and $7,100. CONTINUE READING.

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Waves Making “Waves” with its Latest Updates, Bulls are at Top Speed

Waves, an open source blockchain platform is all set with some major updates. The updates bring a series of significant developments, which include Fair PoS, sponsored transactions, token burning and the most important Data Transactions. WAVES holds a good position in the crypto market currently. The current market cap of WAVES is $491,141,000 USD. It has witnessed […]

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Binance and NEO Make $12 Million Venture Capital Investment

Crowdequity platform Republic has raised $12 million in commitments for a token presale from Binance Labs, NEO and several other companies. The platform, founded by alumni from AngelList, aims to raise $92 million in a public sale. Binance Makes First Venture Capital Invesment   CONTINUE READING.

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Bitcoin Price Breakout Days Away, Long-Term Trend Bullish: Analyst

Bitcoin’s price has bottomed and will break out over the next few days. That’s what Robert Sluymer, head of technical strategy at Fundstrat Global Advisors, predicts. Sluymer doubled-down on his earlier projection that positive momentum is building for the top cryptocurrency by market cap, and a price spike is just around the corner. As CCN previously reported, Sluymer said […]