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Ethereum (ETH) Breaks Past 10 Day EMA To Resume Rally Towards $200

Ethereum (ETH) has broken above the falling wedge it was trading in to resume its long awaited rally towards the top of the ascending channel. The price has currently run into resistance close to the 21 Day EMA after breaking past the 10 Day EMA. However, it is important to note that ETH/USD has not faced a rejection at the 21 Day EMA yet which means that it is likely for the price to either break past the 21 Day EMA today or in the next few days. Either way, it will pave the way for a rally towards $20....

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Bitcoin (BTC) Bulls Finally Step Up, Price Breaks Above Falling Wedge

In an interesting turn of events, Bitcoin (BTC) bulls have finally broken silence and stepped back in the game as calls for a rally towards $6,000 start to become more popular. There is immense pressure on the bears at the moment to give up and it seems like they will in the next few days. It is important to note that the sideways movement in BTC/USD that we saw for the past few weeks has been mainly due to the sell pressure created by the bears and not a loss of faith on behalf of the bulls. Those that are...

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Why Litecoin (LTC) Risks A Fall To $25 Before It Resumes A Rally Towards $100

Litecoin (LTC) is repeating a pattern that it followed towards the end of the 2014-15 bear market. It proves that we are close to the end of this bear trend but most of us already know that. What we are more interested in finding out at this stage is whether LTC/USD has room for further downside before it rallies? If we take history into account then yes, Litecoin (LTC) has room to fall back to the trend line support which was previously the trend line resistance. During the previous bear market of 2014-15, this decline was a flash crash event....

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Why Is Google Interested In Ethereum Classic (ETC)?

Scientists from Google’s big data analytics platform, BigQuery have recently taken an interest in Ethereum Classic (ETC). They approached ETC Cooperative’s Dev Relations Director, Yaz Khoury who later spoke to media outlets in detail. The purpose of this analysis is not to go into details of how Google plans on using Ethereum Classic (ETC) but to understand why Google may want to do that. In the crypto community, Ethereum Classic (ETC) is still considered a useless coin by the majority. So, what might Google want to do with a useless coin? Why did they feel the need to integrate it...

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Major Financial Markets Hint At Promising Outlook For Bitcoin (BTC)

Bitcoin (BTC) is trading sideways once again as price prepares to make its next big move. The reason we are seeing this sideways consolidation is because major movements on BTC/USD often coincide with movements on major financial markets. For instance, the sharp decline of December, 2018 in BTC/USD had a lot more to do with the decline in S&P 500 (SPX) than Bitcoin (BTC) itself. The cryptocurrency market is still in its infancy and thus has to look up to major financial markets for direction. The stock market is going to play a pivotal role in the next financial crisis....

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