Tag Archives: Analysis

Litecoin (LTC) Price Analysis: Bearish U-Turn, Can $30 Hold Losses?

Litecoin price declined heavily from well above $40.00. The recent decline in bitcoin, Ethereum, EOS and tron impacted LTC’s market sentiment towards $30.00. Key Talking Points Litecoin price declined more than 20% from well above the $40.00 level (Data feed of Kraken) against the US Dollar. There was a break below a crucial bullish trend line with support… Read More »

Bitcoin (BTC) Falls 5% Amid Sudden Crypto Market Meltdown

Market Drops Drastically In 2019 First On Wednesday night, The Crypto Dog, a leading Bitcoin analyst, took to his Twitter page, which sports over 100,000 followers, to draw attention to the Ethereum/USD chart, noting that something might happen soon. The chart, which accentuated ETH’s wedge formation, indicated that a breakout (either up or down) was slated to happen.… Read More »

Ripple (XRP) Price Aligned for More Gains versus Bitcoin (BTC)

Ripple price formed a solid support at 0.0000900BTC and traded higher against bitcoin. XRP is placed nicely in a positive zone and it could accelerate above 0.000095BTC. Key Talking Points Ripple price formed a significant support near the 0.0000900BTC level against bitcoin. XRP/BTC is about to break a major bearish trend line with resistance at 0.0000938BTC on the… Read More »

Tron (TRX) Continues To Flex Its Crypto Muscles, Hires SEC Attorney

Tron Brings On Former SEC Attorney Tron, a company headed by Justin Sun, has undoubtedly had a good week. The firm’s strong performance continued on Wednesday. According to a press release from the Tron Foundation, the world-renowned blockchain startup has hired a supervisory attorney formerly of the U.S. Securities and Exchange Commission (SEC), arguably crypto’s best friend and… Read More »