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Will Ripple (XRP) Rise Above $3 Ever Again?

Ripple (XRP) is on the verge of a big move but just a quick look at the weekly chart for XRP/USD shows exactly which way that move is likely to be. There is a bearish divergence on the weekly time frame and the price has yet to break a critical long term trend line resistance. That has not happened so far and now the price is at risk of breaking below the descending triangle like it has in the past. Every time Ripple (XRP) or other cryptocurrencies have broken below descending triangles, we have seen significant downside in the weeks...

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3 Ways To Determine Whether The Crypto Winter Has Ended

Since February 8 Bitcoin has gained a little over 50% and currently the digital asset stares $6,000 smack dab in the face. Let that settle in for a minute. The most recent surge from $5,488 to $5,966 ($6,300 on Bitfinex thanks to the Tether - Bitfinex debacle) has turned even the staunchest crypto critics and bearish analysts are beginning to suggest that now is the time to buy Bitcoin. Even the Wall Street Journal is positively discussing Bitcoin again. So the questions remains, is the bear market over? A quick glance at each of these points will provide valuable insight...

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Institutional Investment From Fidelity Could Boom BTC Price

New reports have surfaced this week that look into the option to conduct Bitcoin purchases and sales which will soon be available on Fidelity Investments’ cryptocurrency division, the fittingly named Digital Asset Services. Although it isn’t clear as to if Fidelity will be offering spot market trading, a darkpool or even an over-the-counter solution, but a spokeswoman for the company explains that the focus will be on Bitcoin. Arlene Roberts explains: “We currently have a select set of clients we’re supporting on our platform… We will continue to roll out our services over the coming weeks and months based on...

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Ethereum (ETH) Rally Failed To Trigger A Short Squeeze, Here Is What It Means

Ethereum (ETH) has been on a bullish spree the past few days as the price pumped aggressively on some favorable news. That being said, it failed to preserve its gains and had to retrace significantly. Initially, a lot of traders thought that this pump in ETH/USD was a short squeeze gone a bit far but a simple look at ETHUSDShorts would tell you that this was not the case. The number of margined shorts against ETH/USD were completely unaffected by the pump in Ethereum (ETH). Now, here is something that is very important to note. Normally, we look at ETHUSDShorts...

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Dogecoin: Co-Founders Talk About Recent Coinbase Listing

Throughout the 2010s, memes seem to have grown in popularity on a massive scale. It’s almost like universal language at this point, memes are growing and there’s nothing you can do about it. One of the most popular memes of the early 2010s is Doge which took on a life of its own and is now one of the most interesting cryptocurrencies in the space, going under the name Dogecoin. The project started off as a joke but last week saw the crypto get integrated on the Coinbase Wallet which is a bullish sign for the cryptocurrency. The success of...

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