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Will TRON Collab With Ethereum? Justin Sun Hints At Future Partnership

The founder and CEO of TRON, Justin Sun has recently claimed that he thinks the TRON ecosystem will ‘officially collaborate’ with Ethereum this year. Sun has made his comments during an interview on The Crypto Chick podcast on 6th April. Sun specifically said that he believes, “even within this year we will see Tron even collaborate, officially collaborate, with Ethereum.” This was a response to a question on Ethereum co-founder Vitalik Buterin’s recent tweets about TRON, Sun stated that he thinks,  “competition brings a better product.” Later, he added, “I think in the future we will even collaborate with lots...

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Sally Ho's Technical Analysis 9th April 2019

Bitcoin Bitcoin (BTC/USD) took a breather early in the Asian session after traders drove the pair as high as the 5314.59 level. Minor Stops were triggered above the 5300.53 level, representing the 76.4% retracement of the recent move from 5352.50 to 5132.28. During today’s pullback, Bids emerged around the 5215.38 area, just above the 5211.19 area which represents the 76.4% retracement of the wider 5345.00 – 4778.00 range, as noted in our 7 April 2019 analysis. Additional selling pressure may see the 5184.25 level tested again, an area that provided intraday technical Support yesterday. As we noted in our 8...

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Why Ethereum (ETH) Price Manipulation Might End Badly For Retail Traders

Ethereum (ETH) is subject to price manipulation like most tradable financial assets. A smaller market cap, low volume and lack of regulations make it a bit easier. During the past few days, ETH/USD has been of the biggest beneficiaries of the pumps that have returned bullish euphoria to the market despite heavily overbought conditions. The price closed below the 200 Day EMA yesterday and is still trading below that level after a sharp pullback. However, most analysts and traders are still expecting a rally towards $200 or higher levels which could very well happen. No matter how overbought an asset...

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Sally Ho's Technical Analysis 8th April

Bitcoin Bitcoin (BTC/USD) extended its recent surge higher, testing the 5352.50 level early in the Asian session before profit-taking emerged after the pair reached its highest level since 19 November 2018. Trading over the past several days has been very technically-driven. As noted in our 7 April 2019 analysis, the 5244.04 area remains a key technical level, representing the 50% retracement of the 7402.50 – 3128.89 range, and traders were able to elect Stops above this area. During the pullback, Bids emerged just below the 5176.07 area, representing the 38.2% retracement of the 8488.00 – 3128.89 range, a key level...

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Sally Ho's Technical Analysis 7th April 2019

Bitcoin (BTC/USD) pushed higher during yesterday’s European session before weaker Longs exited their trades early in today’s Asian session.  BTC/USD reached 5244.04 before coming off, representing the 50% retracement of the 7402.50 – 3128.89 range. During the pullback, traders tested the 5176.07 level, representing the 38.2% retracement of the 8488.00 – 3128.89 range. Bids emerged just ahead of the 4911.81 area, representing the 23.6% retracement of the move from 5345.00 – 4778.00 range. Additional Buying pressure will spotlight key upside price objectives including 5733.84/ 5941.26/ 6393.93. Price activity is nearest the 50-bar MA (4-hourly) at 4602.00 and the 50-bar MA...

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