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Ripple (XRP) Technicals Seem Extremely Bullish, Fundamentals Not So Much

Ripple (XRP) is trading close to the bottom of a bullish channel. It is about to complete a cypher pattern in the weeks ahead. Just a completion of this cypher pattern will see Ripple (XRP) reach the bottom of this bullish channel at around $0.60 in the weeks ahead. From there onwards, a price of $5 by July 2019 could be expected. That would be an 11x gain if I buy at the current price of $0.45. That means a $10,000 investment has the potential to yield a whopping $100,000 return on investment! If only it were that simple. Ripple...

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Ethereum (ETH) Set To Challenge Downtrend In The Next Few Days

Ethereum (ETH) is yet to escape a formidable downtrend that has been dragging the cryptocurrency from an ATH of $1,448 since the beginning of the year. However, the cryptocurrency seems to have found support at $423 and is currently trading at the bottom of the channel. The last few weeks have been tough for Ethereum (ETH) as it became the centre of bad news regarding ICOs, infighting and technical scalability issues. So, Ethereum (ETH) can be considered fortunate in this regard that at least the correction it went through was well deserved, unlike cryptocurrecncies like Ethereum Classic (ETC) which were...

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Monero (XMR) – Bitcoin (BTC) Atomic Swaps Could Be A Game Changer For Privacy Coins

Monero (XMR) is hailed as the king of privacy coins and a notable contemporary of Bitcoin (BTC). The cryptocurrency has not been in the news the same way as other cryptocurrencies of its stature, including Bitcoin (BTC). However, it continues to garner support from chauvinists of privacy and decentralization. Monero (XMR) has long been a favorite among investors who wanted to buy, sell or store without Uncle Sam peeping around. For this reason, Monero (XMR) found its first use case as a cryptocurrency to be used on the dark web mainly for purchase of medicines and drugs. Its untraceable nature...

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Bitcoin (BTC): A Monthly Fall And Close Below $6,000 Could Trigger A Long Term Bear Trend

Bitcoin (BTC) is currently in a tough spot. The next few days have the potential to decide the fate of Bitcoin (BTC) for the months ahead. So far, the cryptocurrency has done well to stay above $6,000 but having breached that level once, it would not be a surprise if it did that again. However, this time around the consequences will be grave if something like that happened. If Bitcoin (BTC) falls below $6,000 and continues to stay down till the end of the month, it will mark a fall and close below $6,000. The long term trend on the...

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Lisk (LSK) Fails To Spark Investors’ Interest Ahead Of Testnet Launch

Lisk (LSK) is now down 84% since its all time high of $34.92 and the price has not found a bottom yet. Lisk (LSK) is expected to have a test net launch in two days from now, on June 28th, 2018 but has failed to spark interest of cryptocurrency investors so far. The price is yet to form a bottom and could likely settle around $4 in the next few days. The Lisk (LSK) team appears to be fully focused on the upcoming test net launch and have already posted instructions regarding migration on their Twitter handle. The migration is...

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