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Litecoin (LTC) Finally Breaks Below Descending Triangle, Eyes New Lows

Litecoin (LTC) has finally broken below the descending triangle that we covered in our last analysis on Litecoin (LTC). We discussed that the price was at risk of a major decline below the triangle and now that has finally happened. LTC/USD is trading below the descending triangle at the moment which means it will have a very hard time climbing back above as the previous support has now turned into a resistance. The price is also trading below the 200 EMA on the 4H time frame. As Bitcoin (BTC) looks to test its previous broken market structure around $5,800-$6,000, we...

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UnitedCoin Brings Crypto To The NBA

I Interview I.J. Maha of UnitedCoin About Their Recent Partnership with the Cleveland Cavaliers. UnitedCoin Made the Announcement on April 11, 2019 via Facebook. UnitedCoin is proud to announce that we are now partners with The NBA Cleveland Cavaliers #YesWeCoin UnitedCoin on the Court at the Rocket Mortgage Fieldhouse. My Interview with I.J. Maha of UnitedCoin. What is UnitedCoin? An Exchange A Cryptocurrency Wallet. A Savings Account where you earn 2% monthly. A Debit Card Why Join UnitedCoin? “Because we are a decentralized banking system owned by our members - including you. We reward you when you exchange, save, or...

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Litecoin (LTC): Descending Triangle Hints At Strong Possibility Of Sell-Off

Litecoin (LTC) has recently been ahead of the market which is a good thing because sometimes it helps us see which way the rest of the market is going to go. It has done this on numerous occasions and we think it can do that again. The 4H chart for LTC/USD shows that the price is trading within a large descending triangle. Most of the descending triangles have a history of breaking to the downside especially when it comes to cryptocurrencies. The price is likely to decline to the 200 EMA on the 4H time frame to say the least....

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Ripple (XRP) Falls Below 50 Day EMA Lowering Probability Of A Golden Cross

Ripple (XRP) has declined below the 50 day exponential moving average and has once again shown extreme weakness in the face of oversold trading conditions on the daily time frame. The 1D chart for XRP/USD shows that Ripple (XRP)’s Stochastic RSI is near oversold territory on the daily time frame. The RSI has also found support atop a long term trend line that extends back to December, 2018. Normally, this would mean that Ripple (XRP) is in a good position to stage an effective comeback from current levels but the price action this time is very weak and it appears...

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Binance Report: Is The Worst Over?

With Bitcoin flying the past few weeks, a lot of people have argued that it has finally found its bottom. The popular Binance exchange has released a comprehensive report on the state of the crypto market. They have found that the worst for the space is most likely over which indicates that from here on out it’s going to be all green with prices flying high. Of course, this is news for investors and traders who are eager to see blockchain technology reach mainstream appeal. The Binance report states: “Having emerged from a period of the highest internal correlations in...

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