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Bitcoin (BTC) Downtrend Technically Not Over Yet

Bitcoin (BTC) dropped hard in the last 48 hours and is now trading under $9000. This has led to a growing concern among most analysts that this is not over yet. We may still see further downside because Bitcoin is not out of the woods yet. This might appear like one of those moments when analysts slightly alter their charts to completely change their previous analysis which has led to many investors remarking that technical analysis does not work with cryptocurrencies. This is simply not true. The purpose of technical analysis is to highlight possibilities. Many professional analysts stated earlier...

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Can Dash (DASH) Take Over Tron (TRX) To Reclaim Its Spot?

Dash (DASH) which used to be the 11th largest coin by market for a long time has now ceded that spot to Tron (TRX) which at the moment in the new darling of the crypto market. Dash (DASH) with its market cap of $3.7 Billion appears to be in need of a small push to take back its spot from Tron (TRX), the present 11th largest coin with a market cap of $4.5 Billion. However, the dynamics of the market have changed significantly over the past few weeks as Tron (TRX) has evolved into more than just another altcoin. It...

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Bitcoin (BTC) Continues to Remain Bullish Amidst Altcoin Sell Off

Bitcoin (BTC) is down 5% for the day but this is fairly insignificant in the crypto world when you calculate how much it has been up in the last few days. Bitcoin (BTC) seems to be following an Adam and Eve Formation. The same pattern can also be seen in most altcoins because they mimic the moves of Bitcoin(BTC) but more aggressively, which means they go up hard and come down hard. According to the chart above, there is room for Bitcoin to fall further or trade sideways the next few days. However, Bitcoin will most likely begin the next...

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TRON (TRX) Up Double Digits While Crypto Markets Bleed

Tron (TRX) has seen a rising investor interest since the start of the year. The price initially fell from its all time high of $0.25 but continue to resist strongly. Ultimately, it had to fall with the rest of the market but it continued to be one of the first few coins to turn rapidly from bearish to bullish. Despite its bullish impetus, the price of TRON (TRX) is still a long way from its all time high but the coin eyes near term gains as it approaches the near term target of $0.10. Most analysts believe that given the...

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Can EOS (EOS) Put Ethereum (ETH) Out Of Business?

EOS (EOS) is not a new coin. In fact, it has enjoyed a rather strange reputation as “Ethereum killer” for quite some time. EOS (EOS) and Ethereum (ETH) are competitors but until now they were more like Google and Bing or Nvidia and AMD. This is because Etheruem (ETH) is the second largest coin by market cap with more than 90% of the ICOs ever held on its platform compared to EOS (EOS) which ranks as the fifth coin by market cap right now thanks to its 16% price spike today. With EOS (EOS) in the fifth spot, the debate...

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