Hot Topics

Advertisement

Advertisement

Ripple (XRP) Might Touch $5 In Q1 Of 2019

Ripple (XRP) is about to begin a new trend. The daily chart for XRP/USD shows that Ripple (XRP) has already broken out of the bullish gartley formation and is due for a breakout anytime now. RSI for the above chart shows that Ripple (XRP) has already broken its downtrend and is now waiting for the rest of the market to recover so it can resume its bull trend. This is not the first time a weak Bitcoin (BTC) has put a stop to Ripple (XRP)’s aggressive rally. It might seem as a negative development to most investors who have been...

Read More

Binance Coin (BNB) Might Take Tether (USDT)’s Spot

Chart for BNB/BTC (1D) Binance Coin (BNB) has attained a unique reputation as a Tether styled coin that continues to remain stable even as the market bleeds. This behavior on behalf of Binance Coin (BNB) was also observed during the past few minor corrections. The coin is down only 33% since its all time high, compared to 70% for Bitcoin (BTC) and 85% for Ripple (XRP). This shows that smart money believes in the long term prospects of the crypto markets, now more than ever. With the lack of confidence in Tether (USDT), Binance Coin (BNB) is all set to...

Read More

Why Ethereum Classic (ETC) Bears Are Playing With Fire

Chart for ETCUSDShorts (1W) The whole cryptocurrency market is exploding. Bitcoin (BTC) shorts saw a 20% decline. The same goes for Ethereum (ETH) which declined more than 20%. Ripple (XRP) shorts declined around 18%. Ethereum Classic (ETC) shorts climbed 20%! What?! Even though the price of Ethereum Classic (ETC) climbed above $10 with a 8% growth, the number of shorts climbed even higher. Why is Ethereum Classic (ETC) behaving differently than the rest of the market? Why is somebody trying so hard to keep the price of Ethereum Classic (ETC) down? Let us take a moment to examine why. Ethereum...

Read More

Bitcoin (BTC): A Method To The Madness

Bitcoin (BTC) does not just go up and down, breaks supports and resistances based on sudden whims. Most traders are so focused on the 15 min chart that they miss the big picture. They fail to realize that major trading on exchanges is done by algorithmic bots. These bots are programmed to print a certain set of patterns. Have a good look at the above daily chart for BTC/USD. This is a pattern currently printed by the bots for us. To the amateur trader focused solely on smaller time frames, this is a disaster! The price just broke an important...

Read More

Litecoin (LTC) Continues To See Rising Institutional Interest

Chart for LTC/USD (1W) Gemini just announced Litecoin (LTC) support. A new exchange backed by TD Ameritrade has already made clear its intention to list Litecoin (LTC). Coinbase already has it and so does Circle. During a recent survey conducted by Fundstrat, a vast majority of institutions showed enormous interest in Litecoin (LTC). A lot of people believe that Bitcoin (BTC) is already working fast to resolve its issues of transaction cost and speed. These are the two main reasons why Litecoin (LTC) gained popularity in the presence of Bitcoin (BTC). If Bitcoin (BTC) transactions were fast and cheap, there...

Read More