Today's Hot Topics

Litecoin (LTC) Finds Support At 50 Day MA But The Bears Are Taking Over

Litecoin (LTC) has found support atop its 50 day moving average but the near term outlook looks very bleak. In fact, if LTC/USD falls below the 50 day MA, it will crash hard as there is nothing much to stop it from such a decline. The price might find support at the 61.8% Fib extension level but it is likely to fall further eventually. Litecoin (LTC) rallied mostly on hype surrounding its next halvening event in August. What most investors do not realize is that a lot could happen between August and now. The bulls have been confident for far...

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Investing In Crypto For Better And Bigger Profits - Altcoins

When it comes to cryptocurrency investments, a lot of newcomers invest only in Bitcoin and it’s quite easy to figure out why. In December, 2017, the crypto coin infamously reached $20,000. Of course, the price dropped shortly after but, nevertheless, many are still investing in Bitcoin, waiting for the next all time high to become instant millionaires. However, the market is highly volatile and in reality this strategy is very poorly thought-out and isn’t the best for making profits. What this type of people get wrong in their investment plan is overlooking Altcoins, which, when used correctly, can X3 the...

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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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Litecoin (LTC) Is One Move Away From Being In Free-fall

Litecoin (LTC) investors are still too optimistic about the upcoming halvening event in August. However, what most of them do not realize is that a lot could happen between now and August. It is clear that this hype cycle has run too far and LTC/USD has profited enormously off it. To be more precise, the whales that orchestrated this rally likely profited off the most because they just pumped the price at each point and the overly excited retail bulls took it from there. The daily chart for LTC/USD shows the kind of growth we have seen during the past...

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