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Stellar Lumens (XLM) Poised For Swift Recovery After Prolonged Sell-Off

Stellar (XLM) has been through one of the most brutal corrections in this market since the beginning of this year. It is one of the few cryptocurrencies that has now plunged below its December, 2018 lows while trading inside a falling wedge. This may be alarming for mainstream investors who give in to emotions and short term sentiments instead of fundamentals and technical analysis. However, professional traders who understand the people, product and process behind Stellar (XLM) see this as an opportunity to accumulate. This is why XLM/USD has remained firmly inside the falling wedge and not broken below it...

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Ripple (XRP) Is Once Again In A Do Or Die Situation

Ripple (XRP) is once again in a do or die situation where it has to either break to the upside and exit the downtrend or fall lower to head for another correction against Bitcoin (BTC). So far, XRP/BTC appears to be holding strongly close to the 21 Day EMA and has found support within the bullish pennant it is trading in. However, the price will soon run out of room for sideways movement and will then have to make a move either to the upside or to the downside. The daily trading volume has also declined significantly which means the...

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Why Bitcoin (BTC) Is Stalling A Break To The Upside Despite Strong Bullish Signs

Bitcoin (BTC) has been trading sideways for a long time now despite strong bullish indicators that should have led to a move to the upside by now. If we look at the daily chart for BTC/USD, we can see that Bitcoin (BTC) has been trading inside a symmetrical triangle since November, 2018. However, if we look closely, we can see that the price is also trading within a bull flag as well as a falling wedge. The price seems to have run out of room to trade within this falling wedge and is now expected to break out of it....

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Ripple (XRP) Runs Into Downtrend Resistance After An Aggressive Rally

Ripple (XRP) has surged tremendously in the past 24 hours but the price has erased most of its gains for the week after running into a strong trend line resistance. This resistance has led to rejections three times in the past but the fact that XRP/BTC is constantly testing this line means that it will eventually be broken. RSI for XRP/BTC is nearing overbought territory but interest in Ripple (XRP) is also on the rise. The price may have room for retracement short term but it would be unexpected for XRP/BTC to decline below the 21 Week EMA. As Bitcoin...

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Why Ethereum Classic (ETC) Could Be The Fastest Growing Blockchain In 2019

Ethereum Classic (ETC) has been around for years but until recently, the only people interested in this blockchain were either those who believed in its principles of immutability and decentralization or those that worked on it in some capacity. The majority of investors who buy cryptocurrencies to turn in a profit had no reason to invest in Ethereum Classic (ETC) because it was a poor performer during the previous altcoin season. In fact, ETC/USD seriously lagged behind while other cryptocurrencies like Ethereum (ETH) and Litecoin (LTC) rallied hard. This led to all sorts of debates about Ethereum Classic (ETC) being...

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