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Sally Ho's Technical Analysis 27th March 2019

Bitcoin Bitcoin (BTC/USD) encountered strong buying pressure during today’s Asian session, with Bulls gunning for the 3980.57 level, representing the 61.8% retracement of the 4056.33 – 3858.00 range. Stops were reached above the 3922.99 area, representing the 100-bar MA on a 4-hourly chart, with further Stops elected above the 3969.94 level, the 50-bar MA. The 3984.88 level is a next major upside target for Bulls, representing the 61.8% retracement of the 4188.79 – 3655.00 range. Today’s intraday gains were reached after price activity managed to remain above the 200-bar MA (3873.11) yesterday following a test on 25 March. Technical Support...

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Sally Ho's Technical Analysis 26th March 2019

Bitcoin Bitcoin (BTC/USD) depreciated to key technical Support that we exactly identified in our 24 March 2019 analysis, testing the 3858.00 figure after Stops were elected below the 3933.65 level, then the 100-bar MA on a 4-hourly chart. Stops were also triggered below the 3921 area, representing the 50% retracement of the 4188.79 – 3655.00 range, and also below the 200-bar MA (3889.47) on a 4-hourly chart. A pullback was seen early in the Asian session with traders again eyeing the 3921 level. Additional BTC/USD weakness will spotlight the 3815 level, representing the 38.2% retracement of the 3128.99 – 4239.37...

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Thailand’s SEC Gives Thumbs Up to XRP, ETC, XLM & More for ICO Trading

The Securities and Exchange Commission in Thailand has recently added to its list of cryptocurrencies that have been given the green light for use in Initial Coin Offerings and as base trading pairs. In the official statement by the SEC, it announced the additions to the list which includes, Ethereum Classic, Litecoin, Bitcoin, Ethereum, Ripple, Bitcoin Cash and Stellar. These digital assets can be used in compliance with the nations legal regulations. The Commission made it clear that it doesn’t see any of the above as legal tender which it highlighted in the statement. This decision comes in accordance with...

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JPM Coin, BCH & TRX: Where Do We Go From Here?

Another week and another bout of news, whether it’s good or bad, we’ve covered it at Crypto Daily. Luckily we have some good news to tell you today so sit tight whilst we go through the new announcement from the banking giant JP Morgan, the new interesting development for Bitcoin Cash announcement and see how TRON overtook Ethereum for dApp gold medal. JPM Coin So last week JP Morgan Chase, one of the biggest banking institutions in the world, announced that they were designing a new cryptocurrency. A few days later (February 18th) the market seemed to be making gains....

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Exciting Move For Bitcoin Cash Adoption

In what looks to be a very positive move for Bitcoin Cash adoption, leading cryptocurrency exchange Coinbase have recently announced that their native product, the Coinbase Wallet is now able to store Bitcoin Cash. This update will be send out to all users of the Coinbase Wallet iOS and Android app over the next few weeks, according to reports this update will also support Cashaddr and Legacy address formats. Bitcoin Cash support also works alongside the Bitcoin Cash testnet in order to allow developers using the Coinbase Wallet to implement their own testnet changes and upgrades. Siddharth Coelho-Prabhu, the Product...

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