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BTC/USD and BTC/JPY Technical Analysis October 17 2017

Hello and welcome to News BTC’s Market Outlook October 17. BTC/USD Bitcoin did a bit during the day on Monday, but found enough support at $5600 to bounce again. However, it’s too resistive near the $58 level for Bitcoin to break out as I record this, so I think we may have a bit of … Continue reading BTC/USD and BTC/JPY Technical Analysis October 17 2017

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Ethereum Price Technical Analysis – ETH/USD Broke Short-term Support

Key Highlights ETH price struggled to remain above the $337 support zone against the US Dollar and moved down. There was a break below a key bullish trend line with support at $332 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to correct lower and could even retest the … Continue reading Ethereum Price Technical Analysis – ETH/USD Broke Short-term Support

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Ripple Price Technical Analysis – XRP/USD Remains In Uptrend

Key Highlights Ripple price traded to a new monthly high above $0.2900 against the US Dollar. There is a key bullish trend line forming with support at $0.2500 on the hourly chart of the XRP/USD pair (data source from Kraken). The price might continue to trade higher towards the $0.2800 and $0.2900 resistance levels. Ripple … Continue reading Ripple Price Technical Analysis – XRP/USD Remains In Uptrend

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Bitcoin Cash Price Technical Analysis – BCH/USD Neutral Above $300

Key Points Bitcoin cash price is holding the $300 support against the US Dollar and is trading in a range. Yesterday’s highlighted contracting triangle pattern with current resistance at $323 holds the key on the hourly chart of BCH/USD (data feed from Kraken). The price is likely to remain in a small range before making … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Neutral Above $300

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Jimmy Song: Cryptocurrencies Like Bitcoin Demonstrate Real Value of Developers

Jimmy Song, a prominent Bitcoin developer and the principal architect behind Paxos, has recently stated that cryptocurrencies like Bitcoin demonstrate the real value of developers and developer activity. Earlier this year, Ivey Business School professor JP Vergne revealed in a study that the best indicator and predictor of the exchange rate of cryptocurrencies is the … Continue reading Jimmy Song: Cryptocurrencies Like Bitcoin Demonstrate Real Value of Developers

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USD CLAWS BACK SOME OF THEIR LOSSES DURING THE WEEKEND — ALTCOIN PRICE ANALYSIS AND KEY HIGHLIGHTS FOR 16.10.2017

NEOUSD TECHNICAL ANALYSIS That flash buy on Friday pushed NEO prices higher. However, since price movement over the weekend remained muted, the minor resistance trend line drawn from 08.10.2017 and 14.10.2017 highs and the 20 period MA is a lifeline for NEO bulls. Right now, the price is rejecting any price above $30 and continues … Continue reading USD CLAWS BACK SOME OF THEIR LOSSES DURING THE WEEKEND — ALTCOIN PRICE ANALYSIS AND KEY HIGHLIGHTS FOR 16.10.2017

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Bitcoin Price Watch; Breakout Strategy In Play

So we are off on a fresh week of trading in the bitcoin price and it’s already looking as though it’s going to be a pretty interesting one. Price over the weekend continued to make fresh highs and it looks as though the bulls remain firmly in control right now. There is, of course, the … Continue reading Bitcoin Price Watch; Breakout Strategy In Play

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Media Aggregator Esports Gold Announces $5 Million ICO

London, Monday 16th October 2017 – Esports Gold, a leading online media aggregator for the eSports community, is to launch an initial coin offering (ICO) with the aim of raising $5.4 million in Ether tokens to establish the first all-encompassing eSports entertainment hub. Esports Gold aims to consolidate what is a fragmented industry into a … Continue reading Media Aggregator Esports Gold Announces $5 Million ICO

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Ethereum Classic Price Technical Analysis – ETC/USD Attempting Upside Break

Key Highlights Ethereum classic price is facing a major upside barrier near the $12.50 level against the US Dollar. There is a key bullish trend line forming with support at $11.80 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair might once again attempt an upside break above the 12.50 … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Attempting Upside Break

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DASH/USD and LTC/USD Technical Analysis October 16 2017

Hello and welcome to News BTC’s Market Outlook October 16. DASH/USD DASH rally during the day on Friday, reaching towards the $316 level. We found a bit of resistance there though, and then pulled back towards the $300 level. I think there’s plenty of support there, extending down to the $280 level below. Because of … Continue reading DASH/USD and LTC/USD Technical Analysis October 16 2017

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ETH/USD and ETH/BTC Technical Analysis October 16 2017

Hello and welcome to News BTC’s Market Outlook October 16. ETH/USD Ethereum rallied significantly during the trading session on Friday, reaching as high as $348. This explosive move is obviously overbought though, so at this point you pretty much need to wait for pullbacks to pick up value. I see a significant amount of support … Continue reading ETH/USD and ETH/BTC Technical Analysis October 16 2017

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