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Ethereum (ETH) May See Further Downside Yet

Ethereum (ETH) is currently trading in a triangle and is yet to break a short term downtrend. The price has hit resistance once again at the top of the triangle and is now preparing to move downwards. It will most likely continue to trade in the triangle for the next few days until the price breaks above or below it. Given the overall outlook of the market, there is a high likelihood of the price breaking above the triangle to continue a bullish reversal. However, the risks facing Ethereum (ETH) cannot be ignored at this point. There is a growing...

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Bitcoin (BTC) Completes Alternating Cycles On The Sixth Of Every Month

Bitcoin (BTC) has recently developed an interesting pattern of completing a bullish and bearish cycle on the sixth of every month in an alternating order. As we can see in the chart above, a fall is followed by a rise. This has happened twice before and is expected to happen again now on the 6th of June, 2018. This time Bitcoin (BTC) will finish a bearish cycle and I expected to begin the next bullish cycle at least till the end of 6th of July, 2018. This pattern of rise and fall is also supported by other patterns on the...

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Ripple (XRP) Legal Troubles Should Be The Least Of Investors’ Worries

Ripple (XRP) is once again embroiled in legal battles over its alleged securities sales. The company is currently being represented legally by a former SEC chairperson, Mary Jo White in the hopes of smoothening things over with the Securities and Exchange Commission. Ripple (XRP) has succeeded in winning over a lot of industry leaders including some big names. Ripple may be no Goldman Sachs or JP Morgan but it sure is acting like one and it wants the world to see that. That is all very impressive on part of Ripple and any shrewd investor would be drooling to get...

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Decred (DCR) Receives Top Score From Weiss Ratings

Decred (DCR) just received top score from Weiss Ratings in their latest issue which allotted the cryptocurrency grade B, ranking it above Bitcoin (BTC) and Ethereum (ETH). This should come as no surprise to many who understand Decred (DCR) and know that it set out to offer what Bitcoin (BTC) was supposed to offer: true decentralization. Most cryptocurrencies today lack true decentralization and most of the time, it is not that the blockchain projects don’t want to offer true decentralization but they are limited by technological constraints to do so. A move towards true decentralization requires blockchain projects to give...

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Ethereum Classic (ETC): The Cryptocurrency They Don’t Want You To Buy Yet

Ethereum Classic (ETC) currently ranks as the top coin in terms of algorithm score, top 10 in terms of daily trade volume and top 20 in terms of market cap. If this was any other coin, you would find posts about it on a number of cryptocurrency news websites on a daily basis, but the reality is that very few people actually read or post about Ethereum Classic (ETC), at least on public forums. There are some private telegram groups and subreddits with a lot of productive discussions and useful information regarding the project. Ethereum Classic (ETC) is also very...

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