Bitcoin was growing steadily for the last three days, holding above the Bullish Trend Line and even spent some time above the 7000.0 level. Today, after reaching 7200.0 price BTCUSD faced a large sell volume and fell to 6700.0 level canceling all past gains. For now, 6650.0 level looks like to play a support role and 7200.0 level from the upside will be a...
Coin of the day is Ethereum. Main competitor of the Bitcoin. Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. Ether is a cryptocurrency whose blockchain is generated by the Ethereum platform. Ether can be transferred between accounts and used to compensate...
Coin of the day is Verge. The article devoted to the attack on Verge. Verge is a promising underdog in the world of big privacy coins. The coin had a decent growth recently. 04.04.2018 - the first news about the attack on the coin appear on the bitcointalk forum. The price that time was close to the 0.00001 level. Post on bitcointalk of the user by the nick...
BTCUSD risks falling to 6000.0 in nearest days if the minor support level at 6425.0 will not hold. BTC's retreat from the weekly high of 7500.0 not only marks a lack of interest from the bulls keepold the prices above the key resistance of 7250 (March 8 low), but also draws a breakthrough of the local Bullish Trend Line, which was supporting the upward momentum...
BTCUSD fall has stopped on the 6650.0 level, not reaching the latest low at the 6425.0. Resistance levels from the upside: 7000.0 and Bearish Trend Line. The rebound scenario should be considered only if the price will return above the 7250.0 level and Bullish Trend Line. From the downside 6650.0 and 6425.0 levels will act as a support, breakthrough of this...
Coin of the day is OmiseGo. OmiseGO is an open payment platform and decentralized exchange issued on a base of Ethereum technology. The OMG network is a scaling solution for finance on Ethereum, 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...
After three-days growth BTCUSD bounced off, the Bullish Trend Line did not manage to break above it. On the way down the price also broke the 7250.0 minor support and now traded at the 7000.0 support level. Despite the downward movement weekly pattern stays bullish. Still, inability to break above the Bullish Trend Line could send BTC into a longer lateral...
Coin of the day is Ardor. Ardor is a Blockchain-as-a-Service (BaaS) Platform that will allow businesses to create their own "child chains" on the basis of the main maternal Ardor chain and take full advantage of the block-chain technology. It was developed as an evolution of the NXT blockchain and likely offers many advantages over its predecessor, both in...
BTCUSD added about a 13% since the latest fall and rebound at the 6425.0 level. Today Bitcoin is trading on the Bullish Trend Line, break above this line would be one of the signs of possible reversal from the global downtrend bias. Resistance levels from the upside: 8000.0 and Bearish Trend line, which now almost coincides with the 100-days EMA; break above these...
Coin of the day is Status. Status (SNT) is mobile OS for the ETH network. Designed as a decentralized browser and private messenger, Status allows you to connect to the Ethereum network. Status provides you access to the Ethereum decentralized applications (dapps) through an app on your smartphone. For now available only alfa versions of Android and iOS clients....
Bitcoin went into the downward bias after a "Death Cross" signal (Crossover of the EMA lines of Alligator) emerging on the chart at 29.03.2018. The price dipped below the 6650.0 support touched the 6425.0 but found buyers and returned, reaching the 7000.0 level. Movement above the 7250.0 level and Bullish Trend Line would be a positive sign, talking in favor of...
Coin of the day is Verge. Verge is one of the privacy-oriented coins, aiming to compete with big coins like Monero and Dash in the future. Verge team is known for having a good focus on its community and openness of the project. Latest events Verge started a crowdfunding campaign on March 20th. The original statement about says that the team will unveil a...
BTCUSD broke below the support levels 7250.0 and 7000.0 this night reached the 6650.0 support, now fluctuates around the 7000.0 level. From the lower point break of the 6650.0 support will send the pair to the February lows at 6000.0. From the upside - the come back above the 7250.0 level and Global Bullish trend line will increase support power of the 6000.0 -...
Coin of the day is Dash. Dash (known earlier as Darkcoin and XCoin) is one of the biggest alternative cryptocurrencies with a focus on transaction speed and privacy. Due to the privacy of the transactions, Dashkovich managed to occupy one of the leading positions behind the bitcoin when it became clear that bitcoin could not offer the appropriate level of...
BTCUSD broke the 7700.0 support level, and currently is trading above the 7250.0 level. This dive does not violate overall picture; we still have the Bullish Trend Line support underneath and a February low at 6000.0. One of the reasons of recent sell-off could be a crossover of the Alligator Indicator (Technical indicator, consists of three EMA lines) this signal...
Coin of the day is Civic. One of the most promising ICO of the 2017 Year. The company develops technologies for the protection of personal information and identification, a hot topic nowadays. 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...
Bitcoin spent Tuesday in a sideways motion, establishing new support level at the 7700.0. Today BTC showed some positivity and broke above the three-days Bearish Trend Line. Nonetheless, the true sign of the turnaround should be penetration of the 8300.0 - 8500.0 zone. Until then, the market looks bearish. Today forecast: Lateral movement in the 7700.0 – 8300.0...
Coin of the day is Ox. Ox (ZRX) is one of the hottest digital assets on the market right now. It bounced off 0.00005 low ten days ago, breaking the three-month downtrend. Many traders connect turnaround in the downtrend with the news that Coinbase is adding custody of ERC-20 tokens which could lead to listing the asset on GDAX or even on Coinbase. ZRX connection...