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Stellar (XLM) Presents Accumulation Opportunity Before Pending Breakout

Stellar (XLM) has been the centre of attention among crypto investors for its spectacular gains even in the face of trouble in the overall market. Currently, the price looks to be following a bullish gartley on the XLM/BTC chart and could come down over the next few days before rising back up most likely with increased vigor and high trade volumes. Most crytocurrencies currently trade in sync with Bitcoin (BTC) and as of now, Bitcoin is undecided and may yet come down for a while before rising back up. While this may be unsettling news for someone who checks their...

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EOS (EOS) Leading the Altcoin Rally to New Highs

EOS (EOS) is currently leading the altcoin rally with an unprecedented zeal and excitement. The price rose all the way from $4 even to surpass its previous high of $18.8, to the surprise of many. It made a new high around $23.5 before correcting. Currently, the price trades around $17. What interests most about EOS (EOS) is the fact that it is perhaps the only coin that has not only fully recovered from the recent correction but also made a new high! The price action looks extremely bullish on the EOS/BTC chart and eyes further gains with room for a...

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Bitcoin (BTC): Best and Worst Case Scenarios Analyzed

Bitcoin (BTC) currently trades above $9200 and is well on its way as far as our bullish scenario is concerned. I’ll start with the best case Bitcoin (BTC) scenario first because that is also the most likely one. As you can see in the chart above, Bitcoin (BTC) is currently following a similar price action to that of late 2013. This means that we could continue to see some accumulation over the next few weeks followed by a very exuberant bull run in the form of big long candles just like we did back in 2013. The charts look extremely...

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Will NEM (XEM) Maintain Its Undercover Status?

NEM (XEM) is known as a dark horse in the crypto community and for good reason. Despite its position as the 14th largest coin by market cap (which used to be a lot higher), very few investors actually know and understand what this cryptocurrency is all about. The coin owes its rankings to an ever increasing interest from Japan. According to Coinmarketcap.com, XEM/JPY pair accounts for more than 40% of its trade volume. Next in line is XEM/BTC at 15% and XEM/KRW at 12.5%. This means that a combined total of more than 67% trade volume is from Asia.  NEM...

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Why Mt. Gox’s Bitcoin (BTC) Movement Might Actually Be Good News

Exuberant Bitcoin (BTC) rally melted down last week over concerns of Mt. Gox’s movement of a large number of Bitcoin (BTC) from its wallet to an unknown wallet. Many believe that the recent correction took place due to Mt. Gox’s dumping of a large number of Bitcoin (BTC) on the open markets. While this may appear to be a good argument to blame the recent correction on someone, it does not look very plausible when examined closely. First of all, the recent correction took place because Bitcoin (BTC) was highly overbought and it was time to slow down as investors...

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