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Author: NewsBTC

Bitcoin Cash Price Analysis: Can BCH/USD Break 100 SMA?

Key Points Bitcoin cash price declined further, but it found support near the $660 level against the US Dollar. This week’s highlighted key bearish trend line is still in place with current resistance near $718 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must break the trend line, $720,

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NEO Technical Analysis: Ontology’ ONT $40 million Air Drop Back Firing

Undoubtedly, NEO is China’s flagship project and is an important project. Despite that big tag, NEO is on a slide and so far, sellers are aiming for $25 if not for $12 assuming prices break from this horizontal consolidation. At the moment, NEO is down four percent in the last day and it is likely

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EOS, Litecoin, Stellar, Tron, IOTA Technical Analysis: Crypto Finds Solace in Malta and Binance’s Ambitions

The slide continues and even with Twitter representatives visiting Tron offices triggering rumors of potential partnerships, sellers continue to run havoc. So far, Tron leads the collapse shedding six percent in the last day while IOTA is pretty much stable testing the main support line at 90 cents. In any case, we shall wait for

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Bitcoin Price Watch: BTC/USD Trend Overwhelmingly Bearish

Key Points Bitcoin price declined further and broke a key support at USD 6,300 against the US Dollar. There was a break below a contracting triangle with support at $6,310 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently under pressure and it remains at a risk of

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Ethereum Classic Price Analysis: Can ETC/USD Break This?

Key Highlights Ethereum classic price declined recently and traded as low as $15.67 against the US dollar. There is a major bearish trend line formed with resistance near $16.35 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair may perhaps struggle to break the $16.40 and $16.60 resistance levels in

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Ethereum Price Analysis: ETH/USD Facing Key Hurdle

Key Highlights ETH price recovered a few points, but faced sellers near $445 against the US Dollar. Yesterday’s highlighted important bearish trend line is intact with resistance at $447 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to struggle as long as it is below the $445 and $448

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Bitcoin Cash Price Analysis: BCH/USD Consolidating Above $680

Key Points Bitcoin cash price remained in a range and consolidated above the $680 support against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with current resistance near $720 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair remains at a risk of more losses as long

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Bitcoin (BTC) Price Watch: Still Fighting to Stay Afloat

Bitcoin Price Key Highlights Bitcoin price is still hovering at the area of interest visible on the 4-hour time frame as buyers and sellers battle it out. A small consolidation pattern can be seen at current levels, and this could be seen as a bearish continuation signal. If any of the retracement levels hold, an

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Bitcoin Cash (BCH) Technical Analysis: November 2018 Upgrade Demonstrates Bitcoin Cash’s “Decentralization and Freedom”

There is utility in Bitcoin Cash and their ambitions of becoming Bitcoin’s replacement is real. In fact going by the number of developments and adoption especially in SE Asia, Bitcoin Cash deserves recognition. Yes, it’s a BTC fork but at its core it advocates the ideals of the original core network despite BitPico’s claims. From

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EOS, Litecoin Stellar, Tron, IOTA Technical Analysis: Block One’s CTO Quits Citing “Misinformation, Lies and Fraud”

Fundamentals drive the hype element in altcoins and cryptocurrencies. It’s important to know that because even though it could otherwise pass out as a non-issue, Litecoin acquisition of WEG Bank is supportive of price and some are even linking Litecoin (LTC) revival to that. Regardless, we are still in a bear trend with some coins

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Waves Decentralized Exchange Sees $5 Million Daily Volume, Crypto Traders Move to DEX

Leading smart contracts blockchain Waves has initiated an overhaul of the design, user interface, and internal engine of its decentralized exchange to attract both casual and professional crypto traders. Benefits of Decentralized Exchanges In 2018, data privacy has become one of the most-widely discussed topics in both politics and the technology sector, primarily because of

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