Ethereum Price Weekly Analysis: ETH Primed For Further Gains

ETH price broke a major resistance area near $133-134 to climb higher against the US Dollar. The price settled above the key $134 resistance to move into a positive zone. There was a break above a major contracting triangle with resistance at $133 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair…

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Ethereum Classic (ETC) At Risk Of Significant Further Downside

Ethereum Classic (ETC) is a brilliant cryptocurrency with very bright future prospects. However, short term the price might be due for significant further downside. The bearish pennant seen on the daily chart for ETC/USD shows that we might see the price drop to as low as $1 before a trend reversal can begin. A lot…

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Ripple Price Analysis: XRP In Trouble, Bears Eye Further Declines

Ripple price failed to break the $0.3075 and $0.3100 resistance levels against the US dollar. There was a break below a major bullish trend line with support at $0.3050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses below the $0.2960 and $0.2940…

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XRP Price Notes Further Losses Despite Mysterious MercuryFX Tweet

It will seemingly not be the best weekend for most cryptocurrencies, tokens, and digital assets. This is a bit of an unfortunate development first and foremost, although there is nothing one can do about it either. For those people interested in the XRP price, the current declines were somewhat to be expected. The main question…

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Tron (TRX) Starts New Year with further Progress in Dapps ⋆ ZyCrypto

The year 2019 started on a good note for cryptocurrencies particularly Tron (TRX) which surged pretty fast to climb two positions among the top ten cryptocurrencies. Although the market has suddenly turned red, Tron is still making significant progress with dapps on their network. Justin Sun, Tron CEO mentioned today in a tweet that the…

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Bitcoin Dominance Drops Significantly, Further Worrying BTC Investors

The cryptocurrency markets are experiencing some sideways movement this morning (UTC + 3) with the total market capitalization showing some stability above $250 Billion and at current levels of $254.65 Billion. The same cannot be said about the dominance of the King of Crypto in the markets. Bitcoin (BTC) dominance seems to be declining at…

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OmiseGo (OMG) Technical Analysis #001 – OMG Falls Below $6; Can the Bulls Stop It Dropping Further ?

OmiseGO has experienced a 4% price decline over the past 24 hours of trading. The cryptocurrency is currently exchanging hands at $5.96 but has suffered a significant 16.20% price drop over the past 7 trading days. OMG was created by its parent company Omise, which was founded by CEO Jun Hasegawa, whom had worked for…

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Litecoin Price Analysis: Can LTC/USD Recover Further?

Litecoin price formed a decent support at $74.50 and recovered against the US Dollar. LTC/USD must clear the $80.00 resistance to recover further in the near term. Key Talking Points Litecoin price managed to move higher above the $78.00 level (Data feed of Kraken) against the US Dollar. There was a break above a key…

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Tron Foundation Locks Up 33.25 Billion TRX, Further Guaranteeing Circulating Supply

It is no secret that there has been lingering questions about the massive supply of Tron (TRX) tokens in the crypto markets. The initial total supply before the Tron Foundation burnt 1 Billion of its own TRX during the project’s Independence Day, was 100 Billion. With the reduction of the burnt coins, this total supply…

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Tether Issue Further Transparency Update Following Report From EX-FBI Directors Firm

Tether have received a great deal of scrutiny for their flagship USDT product across the last 6-8 months, with many speculators expressing their belief that the company didn’t hold equivalent U.S. dollar reserves to match all of the Tether tokens in circulation. As is all too often the case within the cryptocurrency community, disinformation leads…

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ICO Investing Established as the New Authority in 2018 – Hyperion Fund Poised to Capture Further Growth

In 2017, the team at Invictus Capital launched one of the top 25 ICOs of all time with CRYPTO20, the world’s first tokenized crypto index fund. Now, in their second ICO, the team has already raised over 11 million USD to create the Invictus Hyperion Fund. The sale of IHF tokens will continue until May…

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