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Ripple (XRP) Has Already Kicked Off The Altcoin Rally

Ripple (XRP) has already kicked off the altcoin rally. It does come as a surprise considering the change of sentiment that Ripple (XRP) has magically achieved over the past few weeks. As always, the team behind Ripple (XRP) shows a glimpse of its talent. News of partnerships with more financial institutions has sent the price on a bullish spree these past few days. While some may think it is not sustainable and that the price may fall down if Bitcoin (BTC) trade sideways, we believe that is not the case. Bitcoin (BTC) can be expected to remain sluggish or trade...

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Ethereum Classic (ETC) Price Being Manipulated As The Whales Accumulate

Chart for ETC/USD (1W) Ethereum Classic (ETC) has seen a lot of favorable developments over the past few months but the price has failed to rise successfully. If anything, one might be led to believe that those developments actually did not affect the price at all and that interest in Ethereum Classic (ETC) has not changed a bit. There are two sides to this. For retail investors that trade sentiment or hype which is very common in this industry, it is early days yet to be thinking about Ethereum Classic (ETC). We have seen a lot of investors turn to...

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Why Bitcoin (BTC)’s Price Is A False Indicator Of Actual Value

Chart for BTC/USD (1W) Bitcoin (BTC) is currently trading just above $6,400. The average cost for mining one Bitcoin (BTC) lies slightly below this level between $5,800 and $6,200. This is the reason the price has managed to stay above those levels for now despite the fact that the volume is so low that a couple of million dollars could swing the price either way. If this had been a currency pair, for instance EUR/USD or GBP/JPY or a stock, there would be no debate regarding the actual and perceived value. This would be because most of the stocks or...

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Why NEO (NEO) Is A Strong Buy Below $50

Chart for NEO/USD (1D) Neo (NEO) is a bargain below $50. Many in the crypto community may not see this yet but when China takes a 180 degree turn on cryptocurrencies, the effects will start to appear. We are currently one heartbeat away from meaningful regulation that is going to open the gates to traditional investors, family offices as well as large financial institutions. China has been discouraging its public from trading cryptocurrencies, but when you think about it, this is to be expected from any responsible government. While I do not agree that governments should right out ban cryptocurrencies...

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Cardano (ADA) Makes A Bullish Comeback As Price Finds Bottom Against Bitcoin (BTC)

Cardano (ADA) has finally touched the bottom of the pitchfork formation it has been trading in. The above chart for ADA/BTC on the daily time frame proves that sometimes it is best to let the market run its course rather than to enter a position and wish for a miracle to happen. When Cardano (ADA) entered the last segment of the pitchfork formation against Bitcoin (BTC), few analysts might have expected it to fall all the way to the bottom because that would have meant a break of market structure for Cardano (ADA) against the US Dollar (USD). However, as...

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