Hot Topics

Advertisement

Advertisement

Ethereum (ETH) Remains Above The 61.8% Fib Level Despite Hard Fork Delay

Ethereum (ETH) is likely to trade higher in the days ahead as the price has remained above the 61.8% Fib extension level despite the hard fork postponement. Investors seem to have overreacted to ETH/USD following the recent announcement but now that the dust has settled, the momentum is starting to shift back in favor of the bulls. It is important to note that at this point, the majority of investors in the market are people with nerves of steel. You are not going to see them fleeing the battlefield on announcements like these. In fact, the most likely scenario is...

Read More

EUR/USD Outlook Hints At Massive Rally For Bitcoin (BTC) In The Weeks Ahead

The future outlook of Bitcoin (BTC) is looking brighter in the months ahead as EUR/USD is likely to begin an aggressive rally as early as this week. It has already bottomed out over the past few weeks and is now ready to climb towards February, 2018 levels. This forecast has got many thinking whether such a parabolic rise in EUR/USD would also mean that Bitcoin (BTC) would repeat the 2017-18 cycle instead of trading sideways for the next few years. Well, we believe that to be the case because things are happening at a much faster pace than before. Commodities...

Read More

Ripple (XRP) Might Break Past $0.40 On Upcoming Partnership Announcements

Ripple (XRP) CEO Brad Garlinghouse has already said that banks are ready to hop on XRP. We are not far from the day when almost every bank in the world will be connected to Ripple (XRP) one way or the other. The number of new partners is growing every passing day. Investors have seen a lot of these partnership announcements the past few months, but now they want to see actual XRP use and this time they are going to get to witness that. In fact, Euro Exim Bank and many other partners are ready to pull the trigger soon...

Read More

Why Ethereum Classic (ETC)’s 51% Attack Is Not A Deal Breaker

Chart for ETC/BTC (1D) Ethereum Classic (ETC)’s 51% attack seems to have shocked a lot of people but for the wrong reasons. It is disconcerting for a blockchain of such repute to experience a 51% attack but we mustn’t pretend that such attacks have not happened in the past. Vertcoin and Bitcoin Gold are two other coins that have experienced such attacks in the past. They are doing well, moving along with the rest of the market and there future prospects seem unhindered by the attack. This is because things are happening at such a rapid pace in this space...

Read More

Bitcoin (BTC)’s 200 Week MA Has Been The Best Bottom Indicator Since 2014

During the last four years, Bitcoin (BTC) has touched the 200 Week MA three times. During all of these three encounters, BTC/USD has not closed the weekly candle below the 200 Week MA. The price has dropped below the 200 Week MA but it was back above the line before the end of the week. This goes on to show that the 200 Week MA is the best indicator for Bitcoin (BTC) bottoms. Another important observation from the above chart for BNC:BLX (Brave New Coin Liquid Index For Bitcoin) is that every time Bitcoin (BTC) has touched the 200 Week...

Read More