Price Yesterday BTCUSD has broke above the lateral channel, pushed off the 8300.0 level and now is testing the 8500.0 resistance. Judging by the distribution of today's volumes, major volume was traded right above the 8300.0 level, but on the 8500.0 level volumes also rose significantly; that could be a positive sign for bulls. 8300.0 level should stay strong for...
Coin of the day is Ripple. "The world’s only enterprise blockchain solution for global payments." Ripple company classifies their product a real-time gross settlement system (RTGS), currency exchange and remittance network. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source internet protocol,...
Price Today the most volume are being traded around the 8185.0 level. The fact that the price holds above the 8000.0 support adds bullish mood to the market. Also, the collapse in volatility seen this week suggests a much bigger price move on the horizon. The 8500.0 level is crucial for further growth, the breakthrough of this level will trigger buyers. Break...
Coin of the day is Stellar (Lumens). "Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost." Stellar is an open-source protocol for value exchange founded in early 2014 by Jed McCaleb (creator of eDonkey) and Joyce Kim. The Stellar protocol is supported by a nonprofit, the Stellar...
Price After yesterday surge BTCUSD already regained its positions and sat above the 8000.0 level. Based on the latest movements, a narrower channel emerges with the bottom at 7820.0 and 8185.0 upper border. Nonetheless, 8500.0 level is crucial for further growth, the breakthrough of this level will trigger buyers. Break below the 7700.0 level will possibly cause...
Coin of the day is Monero. Monero (XMR) is an open-source cryptocurrency created that focuses on privacy and decentralization that runs on Windows, macOS, Linux, Android, iOS, and FreeBSD. Monero aims to improve on existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made as well as making the mining process more...
After a growth which brought BTCUSD pair above the 8000.0 level the coin stays in the lateral pattern. Today is the Tax Day in the USA, the day which was connected with the selling pressure on bitcoin in March and the first half of April. Crucial level for the further growth is 8500.0 level, breakthrough of this level will trigger buyers. Break below 7700.0 level...
Coin of the day is Verge. Verge is the privacy-oriented coin, one of the hottest coins in last two months. Verge team is developing the whole stack of technologies which will help users to protect their privacy in the future. Apart from integrating both i2p and Tor anonymity architectures, Verge also delivers muti-algorithmic mining support that makes it possible...
After the breaking of essential resistance levels, 7700.0 on 12.04 and 8000.0 on 13.04, bitcoin went into lateral movement, staying above the 8000.0 level. As long as the price holds above the 7700.0 level – the market will look bullish. Nonetheless, many analytics and traders are of the opinion that only a move above resistance at 8500.0 would provide...
Coin of the day is NEM. NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015. NEM has a stated goal of a wide distribution model and has introduced new features to blockchain technology such as its proof-of-importance (POI) algorithm, multi-signature accounts, encrypted messaging, and an Eigentrust++ reputation system. In 2016,...
BTCUSD is showing growth for the second day in a row. Today the coin broke above the 8000.0 level and Bearish Trend Line. If BTC will manage to hold above the 8000.0 level that will be a start of reversal formation, from the technical point of view. The next target for the uptrend will be 8500.0 resistance. From the below, 7700.0 level should hold strong, to...
Coin of the day is OmiseGo. OmiseGO is an open payment platform and decentralized exchange working on a base of Ethereum technology. The OMG network is a scaling solution for the finance sector, enabling transparent, peer-to-peer transactions in real-time. The company slogan is "Unbank the Banked" and the stated objective is to provide better financial services...
BTCUSD surged about 11% today. The growth started around 11:00 UTC and brought the price to the 8000.0 high. After an attempt to break above the 8000.0 level Bitcoin price went lower and now is hanging above the 7700.0 level. To confirm the uptrend bias, the price has to break the 8000.0 level which coincides at this point in time, with the global Bearish Trend...
Coin of the day is Verge. Verge is the privacy-oriented coin, aiming to take its place among big coins like Monero and Dash in the future. The coin recently went through the hype about the 51% attack. Discussion started on the 4-th of April, from the post of one of the representatives of the big mining pool on the bitcointalk forum. Nonetheless, the coin price...
BTCUSD spent the last day in a narrow channel, gradually rising above the 6800.0 level. For now, the main resistance stays 7000.0 level. From the below, the breakthrough of the 6425.0 level will lead the price to the 6000.0 resistance. Low volatility on the Bitcoin associated with the approaching Tax Day in the US (planned on 17 August). Today forecast: Trading...
Coin of the day is NEO. NEO is the first decentralized, open-source cryptocurrency and blockchain platform launched in China, often called a China Ethereum. The team calls themselves a non-profit community-based blockchain project that utilizes blockchain technology and digital identity to digitize assets, to automate the management of digital assets using...
After a Monday sell-off, BTCUSD went into a lateral movement inside a narrow channel 6650.0 – 6800.0. From the lower side, 6425.0 level stays a critical support. From the upside, 7000.0 level must be overcome, to consider investments in BTC reasonable. Today forecast: Trading in 6650.0 – 7200.0 zone; Break below the 6450.0 level will lead the price to the...
Coin of the day is Civic. Once again coming back to Civic, the coin dedicated to personal info security. Civic main agenda is to provide technologies and services to the individuals, which gives the ability to protect and control their identities. Civic is building an ecosystem that is designed to facilitate on-demand, secure and low-cost access to IDV, i.e.,...