On March 7 a report addressed to the Tokyo District Court revealed that a Mt. Gox bankruptcy trustee – Nobuaki Kobayashi – may have contributed to the three month downtrend in the cryptocurrency market. Over the past three months, Nobuaki Kobayashi has sold over $300 mln in Bitcoin on two...
With closing in on the end of the day Monday out of Europe and all we can say about the session today is that the bitcoin price and its volatility has not been for the fainthearted. Right now, things are trading in and around $10,500 – down considerably on...
RaiBlocks price failed to stay above the $25.00 support and traded lower against the US dollar. XRB/USD is recovering, but it is facing sellers near $24.00. Key Talking Points RaiBlocks price traded lower recently and formed a low at $18.98 against the US dollar. There is a major bearish trend line forming...
Key Points Bitcoin cash price recovered well from the $1340 low to well above $1700 against the US Dollar. However, this week’s highlighted crucial bearish trend line with current resistance at $1900 is preventing gains on the hourly chart of BCH/USD (data feed from Kraken). The pair needs to overcome selling pressure...
It is Friday morning out of Europe and it is time to take a look at how action overnight played out in the bitcoin price and, in turn, how we can try and use this action to formulate a strategy going forward. As many reading will probably already be...
Thinking of break out trades? If so, it’s time to buy Lumens. Why? First, prices are reversing from key Fibonacci retracement levels and secondly, at the moment Lumens coin is hot property. As such, riding with positive vibes-or anti-FUD news is always a good move. Alternatively, if you are thinking...
Key Highlights Ripple price made a major bottom near the $0.8399 low and recovered against the US dollar. There was a break above yesterday’ highlighted crucial bearish trend line with resistance at $1.45 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently facing a huge...
NEO price has recovered speedy following the general market flow of gain on this beautiful Friday. Can NEO against the US Dollar finally top $130.00? Important to Note: Upon panic selling, NEO price was tanked downwards to the area of $107.00 where it met strong supports being above the important level...
Key Points Bitcoin cash price is consolidating in a range above the $1500 support against the US Dollar. There is an ascending channel forming with support at $1600 on the hourly chart of BCH/USD (data feed from Kraken). The pair has to break the $1720 resistance level to gains upside momentum toward...
After correcting the final streak of losses earlier this week, Ethereum consolidates between key pivot levels for the third day in a row. This comes as Ethereum’s rival, Dfinity, raises $61 million for its product. What could be next for Ethereum? Here’s a quick overview. Ethereum Consolidates Below Daily Ichimoku Cloud After...