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Ripple (XRP) Might End Up Decoupling From Bitcoin (BTC)

Ripple (XRP) investors have had enough of Bitcoin (BTC). Every time the price starts to rally, Bitcoin (BTC) reins it back in. Ripple (XRP) is still largely influenced by Bitcoin (BTC) considering we have XRP/BTC pairs on all most major exchanges. However, we have seen that Ripple (XRP) investors have recently become more defiant and weary of the pull of Bitcoin (BTC) in a more open and organized way. Yesterday, the entire cryptocurrency market nosedived and in no time there was blood on the streets. While most cryptocurrencies lost in every way, Ripple (XRP) gained in some. The biggest victory...

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Can Bitcoin (BTC) Break A Decade Long Trend Line?

Bitcoin (BTC) has once again crashed hard in a long time. The price is currently sitting at a critical trend line that extends all the way to late 2011. The above monthly chart for BTC/USD shows that this trend line has never been breached in the last seven years. So, what are the odds that it might be breached this time and what will be the repercussions if this trend line is broken? To answer these questions, let us first look at the rest of the indicators on the chart. If we look at the volume profile, we can see...

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Ripple (XRP) Primed For A Slingshot Effect In The Near Future

Ripple (XRP) is primed for a slingshot effect in the weeks to come. The above daily chart for XRP/USD shows that the last time the Bollinger Band Width dropped near the current level, it lead to a sling shot effect. This means that the price retraced a bit and then shot up in the opposite direction with enormous strength. If we compare the BBW profile between November and December of 2017 with that of November and December of 2018, we can see a strong similarity. The BBW indicator is following in the same path as it did back in 2017...

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Ethereum Classic (ETC): Hidden Bullish Divergence Hints At Trend Reversal

Ethereum Classic (ETC) is on the verge of a trend reversal. There are two very strong indicators that confirm our view. The first indicator is the flattening of the price while trading along a parabolic trajectory. If we look at the above daily chart for ETC/USD, we can see right away that the price has been settling atop a curve (shown in yellow). The price has now reached the inflection point of that curve and is expected to begin a bullish cycle from here onwards. The second strong indicator that points to an imminent trend reversal is the hidden bullish...

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Bitcoin (BTC) Remains In Strong Uptrend Despite Recent Sell Off

Bitcoin (BTC) has held on to its uptrend despite the recent sell off which has once again instilled fear in the market. The bears have once again become louder in convincing amateur investors that a $3k bottom is coming and they need to get out of the market. A big move is about to come and some fear that if this move is to the downside, it may take BTC/USD down to $4,000 or lower. Fearing that, many of them are waiting on the sidelines although they do believe in the future prospects of Bitcoin (BTC). It is going to...

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