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  2. I have made *8 from selling a tiny bit of what I have, See Veil is a coin what holding, just hope you don't miss out cos of doubt. A good project is what Veil is all about, take it or leave it
  3. Are you sure you are talking about the Veil I know, I bought veil at a very low rate from those that are dumping and I know how much I have actually made selling and buying it, the thing with alts is that if you have a coin you are interested in, you have to monitor and follow up as it may go up very high and still go very low before you know it but this is not with veil. Am still buying more from those dumping as I want to lay my hands on enough before it skyrockets
  4. I recently noticed it and as a trader it's a great news, irrespective of Veil been in its early stage it has proven to be equal to the task in terms of security and anonymity and the minning is great
  5. Ethereum price climbed higher recently above $238.00 and $246.00. ETH traded towards $265.00 and it is currently correcting lower towards key supports. Ethereum price rebounded nicely from the $231.10 swing low to $264.99. Recently, there was a break below a short term ascending channel with support at $257.00 on the 30-minute chart. ETH price remains well bid on the downside near the $246.00 and $242.00 support levels. Read: Trade at Vantage FX Ethereum Price Analysis (ETH to USD) Recently, there was a strong comeback from bitcoin and Ethereum. BTC surged above the $8,000 level and ETH price climbed above the $238.00 and $246.00 resistance levels. It even broke $260.00 and traded to a new weekly high at $264.99. Click to Enlarge Chart Looking at the 30-minute chart of ETH/USD, the pair started a strong rebound from the $231.10 swing low. It settled above the $246.00 pivot level and recently traded as high as $264.99. It is currently correcting lower below the $260.00 level and the 23.6% Fib retracement level of the recent upward move from the $231.10 low to $264.99 high. Besides, there was a break below a short term ascending channel with support at $257.00 on the same chart. The price is currently trading below the $255.00 level and the 25 simple moving average (30-min). It tested a major support area near $246.00 and the 50% Fib retracement level of the recent upward move from the $231.10 low to $264.99 high. At the outset, the price is trading in a range below the $255.00 level and the 25 simple moving average (30-min). A clear break above the $255.00 and $260.00 resistance levels is must for a fresh increase above the $265.00 and $268.00 levels. On the downside, the $246.00 support area holds the key. If there is a break below $246.00, the next immediate support is near the $242.00 level. Any further declines could push Ethereum price towards the $231.100 swing low. The current price action is neutral to bearish, but as long as ETH price is above the $242.00 support level, it is likely to bounce back above $260.00. The market data is provided by TradingView, Bitfinex. The post Ethereum (ETH) Price Analysis: Signs of Weakness But More Upsides Likely appeared first on Blockonomi. View the full article
  6. Video games are all about speed. Latency kills – in the case of a game like Overwatch, quite literally. The gaming industry isn’t about to adopt a technology that leaves D.Va bleeding in the dust because some poor schmuck’s server is in Cleveland, while the despondent player’s in Tallinn. Game over – not just for Hana Song, but also for Blizzard’s chances of securing further revenue from that customer. But blockchain tech isn’t quite there yet – to say the least – which is why Bluzelle is turning to gaming as one of its ‘pain-point’ markets. Although partnerships are still under wraps, the startup is vying for attention in a niche market that could serve entertainment studios across the globe. The last time Crypto Briefing checked in with Bluzelle, a decentralized data delivery network (DDN), the team had just concluded its public and private fundraising rounds. Since then, the development team has been designing an enterprise-grade database network from scratch. Today the Bluzelle team launches its first DDN product, a distributed data cache service. A data cache is a “hardware or software component that stores data so that future requests for that data can be served faster.” Pavel Bains, CEO and co-founder of Bluzelle, stated his team “had a year to build, learn, and see what works. Now is a great time to catch up with everybody and show what has happened over the past 12 months.” This product launch is the first of many Bluzelle’s ultimate goal is to develop a DDN that includes both a database and data caching services. But they are not the only company at the intersection of blockchain and data storage. Comparable projects developing decentralized storage solutions include Siacoin, Filecoin, and Storj. While these other projects primarily focus on building decentralized file storage platforms (i.e., Dropbox), Bluzelle has focused its sights on data storage. However, creating infrastructure for a new database takes a lot of time and effort to build from the bottom, up. Further, the database requires consumer and enterprise adoption, along with the associated security needs. However, the journey of a million miles starts with the first step. To enter the market today, Bains and the team asked, “What can we deliver now? Something that is a great product that allows us to get customers and take away friction points?” The team landed on data cache solutions. As it stands, Bluzelle is the only blockchain company competing against large-scale centralized data cache services such as Redis and Memcached. Both of which are technologies that are older than ten years. The Bluzelle solution? Set up 25+ data centers across the globe to establish nodes and push data closer to various regional users. What is Bluzelle’s primary target market, and how can they grow? Bluzelle has identified three industries to seek further use cases and partnerships: gaming, media, and internet of things (IoT). Initially, Bluzelle’s new data cache service is marketed to serve the video game industry. Modern video games not only encompass consoles, but also mobile devices. Bains believes “games are becoming more online and global. The security and the performance needs of those types of games, as more of them come out, are going to have to rely on decentralized technology.” To emphasize the speed of their data cache service, the Bluzelle team recently conducted an online demonstration comparing the speeds of Redis to those of Bluzelle. The latter was much faster than its centralized counterpart; up to 20x in some test regions. Bains has a professional background in the video gaming industry. That experience allowed him to identify a pain point that, “As a global data cache, [the video game company] doesn’t know where their customer is coming from.” A video game company in Japan or South Korea might have users in South America. If a video game takes off in another region, such as Russia, then the video game company must locate a data server closer to its customer base. After locating a new data server, the infrastructure must be replicated and installed to ensure there is no latency in the gameplay. The process is timely and costly; Bains goes on to say, “By that time, the user might have just left.” With Bluzelle there is a data server in multiple regions across the globe, and video game developers will only need to connect to the DDN once. Afterwards, if the customer base picks up in another region, Bluzelle can move and store the video game company’s data cache in a local node. Bains states, “At the heart of it, [Bluzelle is] trying to make games run fast around the world without [the game developer] having any headaches.” What are the next steps? Data collection and staking Bains reiterated this is just the first, of many of Bluzelle’s steps. Looking forward, the DDN provider is examining a possible integration into video game consoles, as all that is necessary to be a producer on the network is computing power and storage capacity. However, before real-world producers and consumers can utilize the network, Bluzelle must finalize its payment structures and staking systems. The team is in the “first stage” of exploring these models and expects to have a more concrete outline established by Q3 of 2019. Bluzelle kept its head down during the bear market of 2018, identified its target markets, and built a product to service a niche. Bains believes this is just the beginning, and there is lots of potential for growth. In the gaming industry alone, he says, there is a “massive market [that is] non-blockchain related. It’s not hyperbole to say we’re barely scratching the surface. There’s a huge upside.” The post Countless Lives Lost To Latency: Bluzelle Aims To Save Our Gaming Heroes appeared first on Crypto Briefing. View the full article
  7. Ripple price broke the key $0.3950 and $0.4000 resistance levels to move into a positive zone. XRP could consolidate in the short term before a strong rise above $0.4250 and $0.4320. The price traded as high as $0.4296 and recently corrected below the $0.4160 support. XRP traded below an ascending channel with support near $0.4140 on the 30-minute chart. Ripple price is currently holding an important support near the $0.3940 level. Read: Best Brokers Compared Ripple Price Analysis (XRP to USD) In the past three sessions, there was a decent rebound in ripple started from the $0.3699 swing low. XRP/USD traded higher and surpassed a few important resistances near the $0.3950 and $0.4000 levels. Click to Enlarge Chart Looking at the 30-minute chart of XRP/USD, the pair even broke $0.4250 and traded as high as $0.4296. Recently, it faced renewed selling interest, resulting in a downside break below the $0.4160 support level. The price broke the $0.4100 support and the 23.6% Fib retracement level of the recent wave from the $0.3699 low to $0.4296 high. Besides, the price traded below an ascending channel with support near $0.4140 on the same chart. More importantly, the price settled below the $0.4100 level and the 25 simple moving average (30-minute chart). However, the decline was protected by an important support area near the $0.2950 and $0.2940 levels. Ripple even tested the 50% Fib retracement level of the recent wave from the $0.3699 low to $0.4296 high, and it is currently consolidating in a range. On the upside, an immediate resistance is near $0.4100 and the 25 simple moving average (30-minute chart). If there is a successful close above $0.4100 and the 25 SMA, the price is likely to retest $0.4280 or $0.4295. Any further gains could start a strong upward move above $0.4300 and $0.4320 in the near term. Conversely, if ripple price fails to stay above the key $0.3950 and $0.3940 support levels, there could be additional downsides. The next major support for XRP is near $0.3640, where the bulls might protect further losses. The market data is provided by TradingView, Bitfinex. The post Ripple (XRP) Price Analysis: Larger Upward Move Above $0.4300 Possible appeared first on Blockonomi. View the full article
  8. Staying ahead of the waves, HB Wallet surprises Blockchain community with the new function endorsing users to send NFT assets (ERC721) on Dapps while chatting.
  9. Today
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  11. MonsterRehab

    LOCUS CHAIN

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  12. By CCN: Bitcoin price is on track to having its second-best quarter since 2014 with a 92 percent gain within two months if it remains above $8,000 by the end of June. Since April 1, in about a month and a half, the bitcoin price has increased from $4,100 to $8,000, by nearly two-fold against the U.S. dollar. $BTC current quarter ranks as the 2nd highest quarterly gain since 2014 and the 7th highest quarterly gain all-time pic.twitter.com/bNTohKJREw — Josh Olszewicz (@CarpeNoctom) May 19, 2019 At its lowest point in December 2018, the bitcoin price was down about 85 percent The post Bitcoin Price Skyrockets to 2nd-Best Quarterly Gain in 5 Years; New All-Time High Coming? appeared first on CCN View the full article
  13. hemendrasingh

    How is BTC changing your daily life?

    Hello, Bitcoin and other such cryptos will succeed in the future. No one would have guessed the use of debit and credit cards until it came into existence. The cash is now replaced with credit and debit cards. Cool? Now there are a lot of vendors, who are supplying Bitcoin debit card. Wirex, coinizy to name a few. So now they can use this to purchase anything that they want. They can mine the cryptocurrency and use it whenever and wherever they want, all for nothing(no work) and just by mining. They would also able to exchange their in had cryptocurrency with the help of the Cryptocurrency Exchange Software and will be able to convert it into any fiat currency which they wished for. Now imagine, the next thing would be the wallets, just as we see now, as being popular. Everyone can link their account and use freely. There's a cryptocurrency named ripple(XRP), which will be controlled by major banks in the world for smooth, fast and flawless transactions in the future just replacing the currency. Also, BTC has a very limited supply of a few million coins. Imagine if everyone starts accumulating throughout the world and the DEMAND it would create then? Hope you'll start mining and collecting.
  14. Crypto markets holding onto gains; Bitcoin back at $8,000 prior to anticipated bitcoin ETF ruling, BCH and XRP gaining slowly, Dash pumping. Market Wrap Crypto markets have held on to their weekend gains as Bitcoin remains buoyant. The correction that never was ended in early Sunday trading when BTC surged back towards $8,000. Today market capitalization remains close to $250 billion but a big regulatory decision due tomorrow could create some big moves soon. Bitcoin revisited its 2019 high of $8,250 a few hours ago. BTC sharply pulled back to just above $7,900 after hitting resistance but has since regained composure and climbed back up to $8k, trading marginally higher than the same time yesterday. Ethereum is flat and remains just above $250 where it was this time yesterday. ETH has also held on to recent gains but has not seen the doubling in price that its big brother managed since early April. There is very little movement in the top ten at the time of writing. Only XRP and Bitcoin Cash have added a couple of percent to trade at $0.40 and $408 respectively. The rest are unchanged aside from Cardano which has pulled back marginally. The top twenty has more red than green during Asian trading this morning. Only Dash is pumping as 10 percent takes it to $165. South Korean markets are getting the majority of Dash trade at the moment as Bithumb is top exchange. Monero has made 3 percent but the rest are in decline. FOMO: NEXT Spikes into Top 100 Today’s fomo is going to NEXT which has entered the top one hundred with a 45 percent pump. The South Korean exchange Coinbit exchange is creating the fomo for NET. Japan Content Token is also getting a 40 percent spike as it too enters the big 100. These two relatively obscure altcoins are the only ones pumping at the moment. At the messy end of the table is Decred dumping ten percent today. Digibyte and Crypto.com’s MCO are also sliding with a loss of over 7 percent each. Total market capitalization 24 hours. Coinmarketcap.com Total market capitalization is currently at $248 billion which is marginally higher than the same time yesterday. It did reach a high of $257 billion when Bitcoin hit resistance but has since pulled back slightly. There is growing concern that the imminent SEC decision for the VanEck ETF could cause prices to plummet. The regulator is due to decide on approval of the long awaited fund tomorrow but the most likely outcome is another delay. Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals. The post Crypto Market Wrap: Bitcoin Steady Before ETF Ruling, What’s Expected? appeared first on NewsBTC. View the full article
  15. With Bitcoin price again climbing to $8K during early Asian trading, all eyes will be on the SEC this week and a possible deicision on the VanEck Bitcoin ETF. Bitcoin Price Bounces Back to $8K Just a few hours ago Bitcoin price 00 reached its resistance point again posting an intraday high of $8,250 according to Coinmarketcap.com. Momentum initiated Sunday morning when BTC defied analysts’ expectations of a pullback and surged 9 percent in a matter of hours. The bullish pressure has continued culminating in a return to Bitcoin’s 2019 high. A sharp retracement followed, however, resulting in a drop back to $7,930. Since then BTC has slowly crept back up and is over $8,000 again. The past week has been extremely bullish with a gain of over a thousand dollars since the same time last Monday. Bitcoin has surged 14 percent in seven days and looks set to push higher. Full time crypto trader ‘The Crypto Dog’ noted; Hell of a bullish weekly close on #Bitcoin with near record breaking volume, solidifying the strength and validity of this rally. Hell of a bullish weekly close on #Bitcoin with near record breaking volume, solidifying the strength and validity of this rally. $BTC / $USD is full Weekly resistance: ~8215 Weekly support: ~7300 pic.twitter.com/NpMIPxkcaY — The Crypto Dog (@TheCryptoDog) May 20, 2019 BitMEX CEO, Arthur Hayes, meanwhile, noted that such a quick recovery back to $8,000 from last week’s drop is a sign that the market is now in an uptrend. “The bull market is real,” he wrote. “A momentary dip below 7k, and a few days later we are back above 8k and the Sep and Dec contracts are in contango. Booyah! The bull market is real. A momentary dip below 7k, and a few days later we are back above 8k and the Sep and Dec contracts are in contango. Booyah! pic.twitter.com/qknhDQ8i7p — Arthur Hayes (@CryptoHayes) May 19, 2019 VanEck Bitcoin ETF Decision This Week According to lawyer Jake Chervinsky the Bitwise & VanEck Bitcoin EFT proposals were published in the Federal Register on February 15 and 20, respectively. Those dates triggered the SEC’s deadlines for reviewing the ETFs which must be done withing 90 days. This means that the decision is imminent and will be no later than May 21, which is tomorrow. He added; This is no time for ETF hopium. If the SEC doesn’t delay the VanEck bitcoin ETF proposal, the most likely result is rejection, not approval. The SEC delayed Bitwise last week, but still hasn’t made a decision on VanEck. Here’s why that’s a bad sign for ETF bulls. A rejection is likely to cause a plunge in crypto prices but as trader Josh Rager points out a wave of FOMO could sweep crypto markets to new yearly highs; The upcoming VanEck ETF decision could certainly have a serious impact on $BTC price Denial = Pull back the current price regardless of how good it looked this weekend Approval = Push the price to new yearly high & create mass FOMO buying Delay = Expected & likely little change The upcoming VanEck ETF decision could certainly have a serious impact on $BTC price Denial = Pull back the current price regardless of how good it looked this wknd Approval =push the price to new yearly high & create mass FOMO buying Delay = Expected & likely little change — Josh Rager (@Josh_Rager) May 20, 2019 At the time of writing all major cryptocurrencies were posting gains on yesterday’s levels. Total market capitalization is at $250 billion which is the highest it has been since early August 2018, ten months ago. A big sell-off may be welcomed by those seeking to accumulate more bitcoin before things start heading upwards once again. Will the SEC decision impact Bitcoin’s epic rally? Add your thoughts below. Images via Shutterstock, Tradingview.com The post ‘Bitcoin Bull Market is Real’ Says BitMEX CEO As ETF Decision Looms appeared first on Bitcoinist.com. View the full article
  16. https://www.blockchainfirm.io/smart-contract-audit
  17. By CCN: SPOILER ALERT! Game of Thrones viewers expecting a slam-bang finale filled with hysteria — you must have been out of your minds – and driven further out of your minds when The Great War ended quietly with Jon Snow’s knife through Daenerys’ heart. Game of Thrones has never shown a desire to meet audiences’ expectations, but for those paying attention, there was no other way this could end. So while most fans are grabbing spears from the Unsullied, ready to storm Castle HBO, stuff a sock in it and learn why this GoT finale was exactly right. Daenerys Was The post Brilliant Game of Thrones Finale Deserves Praise. Get Over it, Haters appeared first on CCN View the full article
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  19. By CCN: When Consensus 2019 attendees heard that eBay was preparing to accept cryptos, the news spread quickly. However, over the course of the New York Blockchain week, their hopes were dashed. eBay flat out responded to inquiries last week, stating that cryptos aren’t accepted on its platform. Furthermore, it said accepting cryptos is not a part of its payments strategy. What Happened? Once it became clear that eBay still wasn’t ready to accept crypto, many speculated more. $EBAY ebay rumors based on this image are totally misunderstood. It refers to the category titled ‘Virtual Currency’ that is already on The post eBay Crypto Rumor Kills Once Chance of a Drama-Free Consensus 2019 appeared first on CCN View the full article
  20. Bitcoin price started a fresh increase after forming a support base above $6,900 against the US Dollar. The price gained bullish momentum above $7,400 and settled above the key $7,650 pivot level. There is a major bullish trend line forming with support near $7,610 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains well supported on the downside above $7,600 and it could soon break $8,200. Bitcoin price is positioned nicely in the positive zone above $7,600 against the US Dollar. BTC could correct in the short term, but dips remain supported near $7,760 and $7,650. Bitcoin Price Analysis Recently, bitcoin price formed a strong support near the $7,250 level against the US Dollar. The BTC/USD pair started a strong rise from the $7,230 swing low and climbed above the $7,400 resistance level. The recent upward move was such that the price even climbed above the $7,500 resistance and the 100 hourly simple moving average. Finally, there was a clear break above the $8,000 resistance level. The price tagged the main $8,280 resistance level and recently corrected below the $8,150 level. There was a break below the 23.6% Fib retracement level of the last wave from the $7,230 low to $8,288 swing high. However, the $7,800 level is acting as a strong buy zone. Moreover, the 50% Fib retracement level of the last wave from the $7,230 low to $8,288 swing high is also near the $7,764 level to provide support. More importantly, there is a major bullish trend line forming with support near $7,610 on the hourly chart of the BTC/USD pair. It seems like there is a strong support forming near $7,610 and the 100 hourly SMA. Besides, the 61.8% Fib retracement level of the last wave from the $7,230 low to $8,288 swing high is also near the $7,640 level. Therefore, if the price corrects lower from the current levels, the $7,760 and $7,650 levels are likely to act as strong supports. If there is a downside break below the $7,600 support zone, the price might move back in a bearish zone. Looking at the chart, bitcoin price is currently trading with a positive bias above the $7,650 support. As long as the price is above $7,600, it is likely to continue higher towards $8,200 and $8,300. A clear break above the $8,300 resistance may perhaps clear the path for more gains above $8,400. Technical indicators: Hourly MACD – The MACD is slowly moving in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is moving lower, but it is well above the 50 level. Major Support Levels – $7,760 followed by $7,650. Major Resistance Levels – $8,150, $8,200 and $8,300. The post Bitcoin (BTC) Price Targets Additional Gains: Dips Remain Supported appeared first on NewsBTC. View the full article
  21. The Glitzkoin GTN token currently trading on the Dobitrade exchanges, notches up a 100% price appreciation. This when comparing the $0.20 ICO closing price (June 2018) with the current (May 2019) trading price of $0.37 to $0.40. A strong project plan and a sturdy GTN token supported by 3 layers of demand, explains the price rise. The Dobitrade listing supports these pairings GTN/BTC GTN/ETH and GTN/USDT. More details: https://glitzkoin.com/infopedia/glitzkoin-exchange-dobitrade-gtn-buy-01-0122 Connect with us! Telegram: https://t.me/joinchat/H2lmsxLwenY3S8Fp_CFQBA Facebook: https://www.facebook.com/Glitzkoin/ Twitter: https://twitter.com/GlitzkoinToken
  22. Crypto Angle

    Will stellar price go up in future?

    Well!! did you know? today Stellar coin is the fastest emerging coin in the crypto market as several crypto experts predict that the price of stellar reach up in future. on the other hand, according to coinpedia stellar price prediction, the price of stellar will reach a lot of heights in future. What's your point of view on Stellar price prediction?
  23. The total crypto market cap recovered sharply after testing the key $210.0B support area. Bitcoin price jumped back above the $7,800 and $8,000 resistance levels. Bitcoin cash price is up more than 5% and it recently broke the key $400 resistance. EOS price is now trading above the $6.00 and $6.15 support levels, with a positive bias. Stellar (XLM) price is currently consolidating gains above the $0.1300 and $0.1320 levels. Tron (TRX) price is slowly moving higher towards the key $0.0300 resistance level. The crypto market cap is gaining momentum, with positive moves in bitcoin (BTC) and Ethereum (ETH). Besides, BCH, stellar (XLM), ADA, EOS, ripple, and tron (TRX) are likely to accelerate higher. Bitcoin Cash Price Analysis Bitcoin cash price declined heavily this past week and broke the $385 and $365 support levels against the US Dollar. The BCH/USD pair tested the $350-355 support area and recently bounced back sharply. It broke the $385 and $400 resistance levels to move back in a positive zone. The current price action is positive above $405, with an immediate resistance near the $425 level. A clear break above the $425 resistance may push the price towards the $430 and $440 levels. Stellar (XLM), EOS and Tron (TRX) Price Analysis EOS price climbed back above the $6.00 pivot level after a strong downside correction. The price is now trading well above the $6.20 support level and it seems like it could even make an attempt to surpass the key $6.50 resistance level in the near term. Stellar price remained stable after it surged above the $0.1100 and $0.1200 resistance levels. XLM price is now trading nicely above the $0.1350 level and it could soon trade above $0.1400 and $0.1420. On the downside, the main supports are $0.1320 and $0.1300. Tron price failed to stay above the $0.0300 level for a long time. TRX price declined towards the $0.0265 support level and it is currently correcting higher. On the upside, there are many hurdles near the $0.0295 and $0.0300 levels. Looking at the total cryptocurrency market cap hourly chart, there was a sharp upward move above the $220.0B and $230.0B resistance levels. The trend line and support near $210.00 and $215.0B proved significant, resulting in a strong upward move. The market cap is now above the $235.0B level and it recently tested the $247.0B level. In the short term, there could be a downside correction, but the $230.0B level is likely to act as a strong support. On the upside, there are many hurdles near $248.0B and $250.0B, above which the market cap could rally to $260.0B. Overall, there could be more upsides in bitcoin, Ethereum, EOS, ripple, litecoin, bitcoin cash, XLM, TRX, BNB, WAN, WTC, ICX, and other altcoins in the near term. The post Crypto Market Following Strong Uptrend: Bitcoin Cash, XLM, EOS, TRX Analysis appeared first on NewsBTC. View the full article
  24. Ripple price formed support near the $0.3610 level and recently recovered against the US dollar. The price traded towards $0.4300 and it is currently correcting lower towards $0.3900. There is a short term rising channel forming with support near $0.3950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to bounce back above $0.4100 or could decline sharply towards the $0.3610 support. Ripple price seems to be following a decent bullish path against the US Dollar, but struggling vs bitcoin. XRP is likely to find a strong support near $0.3950 and it could climb back above $0.4100. Ripple Price Analysis After a strong decline, ripple price found support near the $0.3610 against the US Dollar. The XRP/USD pair started a decent rebound and traded above the $0.3850 and $0.4000 resistance levels. The recent recovered was convincing since the price traded towards $0.4200 and settled above the 100 hourly simple moving average. A swing high was formed at $0.4295 and the price recently corrected lower. It traded below the $0.4150 support and the 23.6% Fib retracement level of the recent leg from the $0.3632 low to $0.4295 high. The price is now approaching a key support area near the $0.4000 and $0.3950 levels. There is also a short term rising channel forming with support near $0.3950 on the hourly chart of the XRP/USD pair. The 50% Fib retracement level of the recent leg from the $0.3632 low to $0.4295 high is also near the $0.3960 level. Moreover, the 100 hourly simple moving average is also acting as a support near $0.3960. If there is a downside break below the $0.3960 support, there are chances of more losses. The next key support is near the $0.3780 level. If there are further losses, the price may revisit the $0.3610 support area. Conversely, if the price bounce back, it could retest the $0.4200 and $0.4300 levels. Above $0.4300, the price is likely to rise towards the $0.4500 level. Looking at the chart, ripple price is clearly trading near a few important supports near the $0.3950 level. Therefore, the price could either bounce back or break $0.3950 to decline further. The technical structure is positive and it seems like there are chances of a fresh increase above $0.4200 and $0.4300. However, a successful follow through above $0.4300 could open the doors for more gains in the near term. Technical Indicators Hourly MACD – The MACD for XRP/USD is slowly moving in the bearish zone, with a few negative signs. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is just above the 50 level, with a positive angle. Major Support Levels – $0.3950, $0.3780 and $0.3610. Major Resistance Levels – $0.4200, $0.4300 and $0.4500. The post Ripple (XRP) Price Near Make-or-Break Levels: Can Bulls Take Over? appeared first on NewsBTC. View the full article
  25. ETH price rebounded nicely and traded above the $240 and $250 resistances against the US Dollar. The price tested the $265 level and it is currently correcting lower towards the $240 support. There is a key bullish trend line forming with support near $240 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to find a strong buying interest near $240 and the 100 hourly simple moving average. Ethereum price remains in a strong uptrend above $240 versus the US Dollar, but consolidating vs bitcoin. ETH is currently correcting lower, but dips remains supported near $240. Ethereum Price Analysis After forming a decent support base, Ethereum price rebounded nicely and traded above the $240 and $250 resistances against the US Dollar. The ETH/USD pair even cleared the $260 level and settled well above the 100 hourly simple moving average. A swing high was formed near $265 and recently the price started a downside correction. It declined below the $260 level and the 23.6% Fib retracement level of the recent leg from the $232 low to $265 high. It even traded below $255 and it is currently tested the $248-250 support area. The 50% Fib retracement level of the recent leg from the $232 low to $265 high is also acting as a support. To the downside, there is a strong support forming near the $240 level. Besides, there is also a key bullish trend line forming with support near $240 on the hourly chart of ETH/USD. The trend line coincides with the 76.4% Fib retracement level of the recent leg from the $232 low to $265 high. Therefore, as long as the price is above the $240 support, it is likely to bounce back. More importantly, the 100 hourly simple moving average is near the trend line and the $240 support. If there is a downside break below the $240 support, the price could retest the $232 support area. On the upside, an initial resistance is near $257-258. If there is an upside break above $260, there are high chances of a fresh high above the $265 level in the near term. Looking at the chart, Ethereum price is currently correcting lower towards a few important supports near $240. The bulls are likely to remain active as long as the price is above $240 and the 100 hourly SMA. On the upside, a clear break above $257 and $260 might push the price towards $280. ETH Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly moving in the bearish zone. Hourly RSI – The RSI for ETH/USD moved down below 40 and it is currently heading towards the 40 level. Major Support Level – $240 Major Resistance Level – $260 The post Ethereum (ETH) Price Correcting Gains: Key Buy Zones Nearby appeared first on NewsBTC. View the full article
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