Key Highlights ETH price declined recently and traded toward the $900 level against the US Dollar. There is a key bearish trend line forming with resistance at $1030 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair has to move above the $1030 resistance and the 100 hourly simple...
Key Highlights Ethereum classic price looks like forming base above the $26.00 level against the US dollar. There was a break above a major bearish trend line with resistance at $29.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is likely to extend gains above the...
Crypto mania has taken the world by storm this year. It is the hot topic from Davos to Da Club with billionaires and rappers getting on board the block train. Celebrities want to be seen to be hip with the latest in tech and gossip. Making the right moves...
Today, our altcoin analysis should be on Stellar Lumens inverted head and shoulder pattern and how buyers might be loading up their long positions. It’s all on maybes especially now we know that the trend is bearish right from the top. Anyhow, if it continues this way, the recovery might...
It has not been a great start to the year for Ripple. The once shining star of the crypto world has lost over 60% of its value crashing from an all-time high of $3.90 on Jan 4 to $1.44 today. The San Francisco company is desperate for some good...
When cryptocurrencies fork their blockchains are not the only things that divide. As was witnessed when Bitcoin Cash forked from the original, the community and developers were also split and still are. A similar thing is occurring with Litecoin and an impending fork that its creators are claiming is...
Cyber researchers at Fortinet have managed to unearth a cryptocurrency app that is actually a ransomware in disguise. The cybersecurity firm, in its report, indicated SpriteCoin app to be a new kind of ransomware technique. It poses as a “sure-to-be-profitable” cryptocurrency, prompts targets into installing it for profits, and encrypts...
The price of Bitcoin appears to be recovering well from the dramatic fall it experienced at the end of last year. The cost to buy a single unit of the world’s most popular cryptocurrency reached a two week high on Thursday, topping out at just above the $10,000 point....
For those not in the know blockchain forks are something of an enigma. Last year saw 19 Bitcoin forks but as many as 50 could occur this year. The most successful one at the moment is Bitcoin Cash which has caused a rift in the Bitcoin core community. Forks happen...
Key Highlights Ripple price is slowly moving higher, but it is still below the $1.45 resistance against the US dollar. There is a contracting triangle forming with resistance at $1.4000 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is approaching the next break either above $1.40...