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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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Litecoin (LTC) Price Might Drop Below $30 Before 2020

Litecoin (LTC) is currently the seventh largest coin by market cap thanks to a massive adoption after Coinbase listed the coin in 2017. The price shot up from close to $50 and reached a high of $366 in December before crashing down to $108 with the rest of the market. The coin continues to be a favorite among many investors and is often seen as digital silver, Bitcoin (BTC) being the digital gold. While this may have been true six months from now, Litecoin (LTC) is rapidly starting to lose its appeal. This does not have to do with Charlie...

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