Bitcoin (BTC) Price Watch: Support Holding, Bullish Pattern Forming

Bitcoin Price Key HighlightsBitcoin price looks tired from its selloff as it starts to show bullish moves.Applying the Fibonacci extension tool on this potential bounce shows the next upside targets.Technical indicators are still suggesting that sellers have the upper hand.Bitcoin price seems to be done with its correction and ready for a climb, but technical indicators have yet… Read More »

Ripple Has the Attention of the IMF: Ripple (XRP) Price-Technical Analysis (May 21)

In the last week, the depreciation was slow now that Ripple sellers are finding resistance at 60 cents. Despite this, sellers did confirm the 3-bar reversal pattern clear after week ending May 6 close. Today, it’s just a matter of waiting and if there are favorable news that would buoy prices then the better. In any case, our… Read More »

Is This A Crypto Resurrection? Tron, EOS, Litecoin, IOTA and Stellar: Technical Price Analysis May 21, 2018

It’s just four days before Tron launch their Tron Virtual Machine (TVM) and already there is injection of momentum. Yes, I’m net long Tron and that’s a technical and sentiment advice based on historical formations before announcement of coin specific developments. In my view, TVM is a plus and while we expect more updates before their mainnet launch,… Read More »

National Government Digital Currencies Versus Globally Distributed Cryptocurrencies: in Depth

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. As society starts to move away from cash, central banks’ potential to reap profits off issuing that cash could be threatened. Many governments are worried about the mass adoption of cryptocurrencies and hence are considering the merits… Read More »