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Sally Ho's Technical Analysis 1 June 2019

Bitcoin Bitcoin (BTC/USD) extended its rebound higher early in today’s Asian session as the pair continued to reclaim lost ground following Thursday’s move that saw a sudden depreciation from 9090.00 to 7972.00.  There have now been five consecutive 4-hourly bars with higher highs and higher lows, a bullish development that saw the pair test the 8580.00 level early in today’s session. BTC/USD has also managed to move back above the 50-bar MA (4-hourly), another bullish development. Some Stops were elected above the 8531.00 figure late in yesterday’s North American session, representing the 50% retracement of the move from 9090.00 to...

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How Low Could Ripple (XRP) Fall Before The Next Bull Run?

Ripple (XRP) is in a very vulnerable spot as it has yet to break out of a large descending triangle that it has been trading in against Bitcoin (BTC). Throughout Ripple (XRP)’s trading history, we have seen most of such triangles break to the downside. The price breaks below one triangle and forms another. There is a good chance that the same could happen this time especially as the cryptocurrency market prepares for the next big decline. A lot of people look at the bear market that started in early 2018 and continued till now and they think it is...

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A Big EOS Announcement Is Looming

EOS, one of the world’s leading cryptocurrencies could be about to see some very positive changes after reports have surfaced regarding some recent mysterious behaviour from the EOS development team. The creators of EOS are alleged to have recently purchased $20M worth of RAM in EOS tokens. Why would anyone need so much RAM? What sort of activities would require enough computing power to need $20M of RAM? Well, that’s what we should find out soon enough, we hope at least. One theory is that this is a part of a new project by Block.one (the team behind EOS) to...

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Bitcoin Is Apparently Set Up For A 244% Price Surge

With the markets looking promising, the experts and influencers from deep within the industry are now starting to surface to offer their predictions for the future of Bitcoin and the rest of the cryptocurrencies. Recently, such influencers have been quiet given that the crypto markets have had a rough time over the past year. The optimism of the past few weeks however seems to be enough to have shaken the experts up, ready to offer their insight into what we should expect next. The most exciting (if a little unrealistic) prediction we have seen so far suggests that Bitcoin is...

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Liberland Roadmap: Building Tools for Freedom

“Corruption breeds disillusion with Government... and is often at the root of political dysfunction and social disunity,” - UN Secretary-General António Guterres The insidious nature of corrupt governments not only corrodes social unity, but also liberty and operational efficiency. Met with the reality that only a few people can control and manipulate the levers of power for their own purposes, with little to no regard for the greater good of the population, societies can quickly dissolve in disillusionment and chaos. According to the World Economic Forum, the global financial cost of corruption is at least $2.6 trillion, or 5 percent...

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