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Binance Coin (BNB) Holds Ground As Market Sell Off Continues

Binance Coin (BNB) has held its ground even as market selloff continues. Bitcoin (BTC) has exhibited similar behavior but the rest of the market plunged further into the red when Ethereum (ETH) showed signs of weakness. However, these temporary movements are not to be confused as what follows next. There are a lot of solid indicators in the market that tell us that deep down, most investors know that the market is going to reverse at some point. The problem at this point is that the small investors are too scared to get in fearing an extended correction and the...

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Bitcoin (BTC): Fear Of A Global Currency Crisis Has Seen Accumulation On Rise Despite Recent Correction

It does seem like investors have been losing interest in Bitcoin (BTC). The search volume for Bitcoin (BTC) and cryptocurrencies have been on a constant decline since the beginning of the correction. This has convinced many in the crypto community that investors have lost interest for now and that it will probably take a long time for money to return back to the market. All of this sounds reasonable when you consider how the average mainstream investor would react. However, let us not forget that a lot of major players including institutional investors are now getting into the game, and...

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Ethereum (ETH): Expected Price Targets And Risk Factors For 2018–19

Ethereum (ETH) has been the face of negative news and criticism over the past few weeks as investors have lost their mind over the weakness in price that we all witnessed recently. As the second largest coin in terms of market cap, when Ethereum (ETH) moves, the whole altcoin market moves with it. Investors holding on to their Bitcoin (BTC) since $20,000 think it’s pretty bad but ask an Ethereum (ETH) Investor that bought at $1,500 per coin how bad it can really get! The price broke market structure recently and immediately headed down to the bottom of the trend...

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Ripple (XRP) All Set To Lead Altcoin Rally By October

Ripple (XRP) is probably the most bullish looking coin right now. This is because Ripple (XRP) has already complete an almost 92% correction since its fall from $3.31 in January this year. In addition to that, as the above weekly chart for XRP/USD shows, Ripple (XRP) has just completed a giant bullish gartley pattern that extends all the way to 2017. This means that Ripple (XRP) can now be expected to begin a new trend at this point and possibly enter another bullish gartley formation. RSI for the above chart has been trading in a large falling wedge as well...

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EUR/USD Monthly Outlook Hints Unprecedented Bitcoin (BTC) Gains

Bitcoin (BTC)’s price movement so far has been a reaction to the EUR/USD pair for the most part. In fact, Bitcoin (BTC) has rarely made any moves that were not coherent with movements in the EUR/USD pair. The monthly chart above for EUR/USD shows the Euro (EUR) in a strong ascending channel against the US Dollar (USD) since 1994. The first large circle shown on the chart above between 2003 and 2008 bears extremely close resemblance to the one formed this time between 2017 and 2018. As we can see, the price has broken this circle in the past to...

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