FutureBlockchain

FutureBlockchain

Hi guys, Let's take a look at Status (SNT). The blockchain-based open source messaging platform added 38.9 percent to its value during the previous week and is almost 90 percent up for the last two weeks. Just like with stocks, communication-oriented tokens are on the rise. The recent surge in SNT is due to the increasing demand for telecommunication tools and...

FutureBlockchain Updated 

Hello all, Bitcoin is responding well to price action on the daily chart for the last few days. What we are seeing currently is $6,400 being stable horizontal support for four days already. On our mid-week analysis on Wednesday, we commented that what we need is a confirmation of the short-term uptrend by closing a few candles above $6,400, a suggestion that came...

FutureBlockchain

Hi guys, I hope you are all doing well, spending valuable time with your families. I'm doing that, working from home these days and trying to crack the code of the BTC puzzle. On my Monday analysis, I told you that I'm looking into two possible scenarios - one was for BTC/USD to close above $6,400 and consolidate there, setting the ground for an attack of the...

FutureBlockchain

Hi guys, Looking at the altcoins market we can clearly see some improvement since last week. All of the coins that take part in the Top 10 list on CoinGecko and also on CoinMarketcap registered two-digit increases for the period and partially recovered from the losses. The total market capitalization (excluding Bitcoin) rose by 18 percent and now stands at $64.2...

FutureBlockchain

Hi all, I hope you are doing fine and had a blast of a weekend! Kidding, we are all stuck home, I know that very well since I´m dealing with the same... Going back to the bitcoin - this little monster is wide awake even though not fully aware of what exactly to do in the mid-term. The last trading day of the workweek was extremely volatile. Bulls were trying...

FutureBlockchain Updated 

Hello coiners, Bitcoin is like COVID19 recently - totally unstoppable, uncontainable and unpredictable. Well, actually for the last I'm not sure since we are seeing the ever-growing list of infected people and territories worldwide. At the same time, BTC is forming its fourth consecutive green session on the daily chart today. As of the time of writing this, it...

FutureBlockchain

Good day all, Stock markets in the US made a slight recovery yesterday thanks to the latest federal stimulus package and the US Federal Reserve's decision to support the short-term corporate debt market. The government body will be providing short-term secured cash loans to 24 primary bond dealers. At the same time, Oil made another step-down, which was followed...

FutureBlockchain

Hello guys, I hope you are all doing fine and your family and friends are safe and sound. Don´t get fooled - it will get worst before it starts to get better. But, they say it is always darkest before the dawn, so let's be positive about it. After all, we are not facing the plague (yet). The important thing is not to forget what the important things in life...

FutureBlockchain

Hi guys, How is everybody holding up in this dark hour for our favorite market? To be honest I'm only surprised by the magnitude of this selloff, not the drop itself. Simply put this is a normal chain of reactions given the health concerns, market distributions, and the ever-increasing panic. As commented on my last BTCUSD update on Wednesday, money is flowing...

FutureBlockchain

Good day everyone, First, I would like to ask for your support to hit a like if you enjoy reading my summaries and, of course, comment below in case you have objections or different views on what is happening in the crypto world. Point is, I share my view on what is going on in the market with no intention to give advices or pretend to be a crypto guru. It is...

FutureBlockchain

The last day of the workweek found XRP extending its gains. The major altcoin continued with its good performance and ended the day at $0.245, but not before touching the 61.80 Fibonacci level at $0.246 during intraday. The weekend of March 7-8 started with a rejection around the above-mentioned level. The XRP/USD pair dropped down to $0.235 and erased 4 percent...

FutureBlockchain

Bitcoin nosedived to $8,027 on Sunday, March 8 and erased 9.7 percent of its value in its worst session so far this year. The coin continued to slide on Monday and is currently trading $7,855 at midday in Europe, 2.1 percent lower compared to yesterday evening. Both the 100 and 200-day EMAs were broken on the daily chart on March 8. The most popular...

FutureBlockchain Updated 

The last day of the workweek came with yet another volatile session for the XRP token, during which we saw its price moving up and down in the $0.228-$0.243 area. The XRP/USD pair registered a small loss to $0.236. The weekend of February 29 - March 1 started with a fresh test of the current support level at $0.22. The coin closed the day and the month at $0.228...

FutureBlockchain Updated 

The recent movement was perfectly predicted and followed the exact projection we were looking at since the begging of the correction mid-February. I'm still totally bullish on all timeframes given both technical and fundamental approaches. Bitcoin is looking all but fragile and weak at the moment. Yesterday, we reached the $9,000 - $9,150 zone successfully...

FutureBlockchain Updated 

The most popular cryptocurrency started the new trading week positively. It once again moved above the 200-day EMA on Monday, March 2, successfully preserving the uptrend corridor. The coin added 4.7 percent to its value and climbed up to $8,918 in its best session for the last 14 days. On Tuesday, the BTC/USD pair was rejected right below the previously stable...

FutureBlockchain

Not a lot changed since Friday for Bitcoin except for one more test of the $8,400 horizontal support on Sunday, March 1. The coin continued to slide on the last day of the workweek and fell down to $8,693. Bears managed to push price all the way down to $8,400 during intraday, but the level, in combination with the mid-term uptrend line provided the necessary...

FutureBlockchain

BTC stabilized above the 200-day EMA yesterday and moved up to $8,820 after having a quite volatile session, during which we saw it trading in the $8,530 - $8,950 zone during intraday. They 200-day EMA was holding good and bulls were expecting a stable move towards $9,000 - $9,150 area. In my short update yesterday I mentioned that we cannot just rely on an...

FutureBlockchain

Yesterday the XRP coin found its support in the $0.22-$0.23 area where the the mid-term uptrend line (started on December 18 when we bottomed at $0.172) was meeting the horizontal support. This zone is quite intensive when it comes to trading activity and bulls took advantage of it. The XRP/USD pair moved up to $0.238 and even peaked at $0.248 during intraday...