Today's Hot Topics

Weekly Roundup: Exciting DOGE, XRP & LTC News

It’s been another exciting week for the cryptocurrency space. A lot of news came out this week but we’re going to go through some of the best that it had to offer. So today, we’re going to go through the Dogecoin support that was recently announced for the Coinbase wallet. On top of this, we’re going to look at the recent partnership Ripple has made and what the creator of Litecoin, Charlie Lee had to say on the LTC project. Coinbase & Dogecoin One of the biggest cryptocurrency exchanges in the world, Coinbase announced earlier in the week that the...

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Sally Ho's Technical Analysis 3 May 2019

Bitcoin Bitcoin (BTC/USD) continued to add to recent gains during today’s Asian session as the pair traded as high as the 5417.00 level after trading as high as 5422.99 during yesterday’s North American session. Stops were elected after the pair crossed above the 5403.82 level, representing the 61.8% retracement of the 6810.00 – 3128.89 range and the pair’s strongest print since 25 April 2019. Early in the Asian session, Bids emerged around the 5387.57 level, representing the 61.8% retracement of the move from 5650.01 to 4963.00. If this level holds, it is an important indication the pair may look to...

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Litecoin (LTC) Breaks Above Falling Wedge But Tests It As Support To Decline

Litecoin (LTC) has broken out of a falling wedge which is normally a bullish development, but not in this case. The 4H chart for LTC/BTC shows that Litecoin (LTC) broke a critical falling wedge against Bitcoin (BTC) only to test it as support for further downside. The price has kept on declining along the falling wedge since the beginning of the month. Even as Bitcoin (BTC) is slowly rallying towards $5,800, cryptocurrencies like Litecoin (LTC) seem to be losing ground as even the bulls know that the price is due for a major decline whether the bottom is in or...

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Charlie Lee: “Don’t go all in. Never go all in.”

The founder and creator of Litecoin doesn’t seem to be able to offload his reputation for selling his Litecoin holdings near the peak. Charlie Lee was featured in a podcast with Morgan Creek Digital partner Anthony Pompliano where he was asked some tough questions both about his LTC portfolio and the state of the crypto space. When he decided to sell his Litecoins, when LTC was worth $300, he thought the price was going to keep going. Lee said: “I actually personally did think it was going to keep going up. I didn’t think that was the peak…I thought it...

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Sally Ho's Technical Analysis 2 May 2019

Bitcoin Bitcoin (BTC/USD) extended recent gains by testing Offers around the 5330.00 figure following a pullback from yesterday’s daily high of 5358.39, its strongest showing since 25 April 2019. Before the move to yesterday’s daily high, Bids emerged right around the 50% retracement of the 4901.99 – 5650.01 range, and then following the yesterday’s daily high Bids emerged right around the 23.6% retracement of the move from 5072.01 to 5358.39.  The Bids that have emerged at technical levels during the past two days suggest BTC/USD could be poised to appreciate further. Notably, the 100-bar MA (4-hourly) just crossed above the...

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