Despite rampant XRP sellers, fundamentals are bullish just like as predicted by SVP Customer Support of Ripple in Q1 this year. In fact Ripple and their core products have caught on that the RBC Capital Market did mention the benefits of Ripple solutions when financial institutions use them. This is positive for Ripple and could… Continue reading XRP Price Analysis: As Long as Banks Adopt xRapid, XRP Will Always be under Pressure
Category: Technical
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Litecoin, Stellar Lumens, EOS, Cardano, Monero Price Analysis: Sellers on Overdrive, But Stellar Lumens Gains Could Slow Price Erosion
Aside from news of Stellar Foundation acquiring Chain, a San Francisco blockchain start up for a figure believed to be above $40 million, Litecoin developers are back. This time, they have plans of launching a web based Litecoin wallet that will be secure enough to fend off attackers. Though positive, these two didn’t change the… Continue reading Litecoin, Stellar Lumens, EOS, Cardano, Monero Price Analysis: Sellers on Overdrive, But Stellar Lumens Gains Could Slow Price Erosion
Ethereum (ETH) Price Analysis: ICO Cashing out FUDs Impeding ETH Recovery
A 33 percent dip in the last week means Ethereum sellers are stepping on the gas pedal. There are many theories around this rapid decline with most associating this dump with ICOs losing their patience and cashing out. Others are pointing to the influence of Bitcoin and the correlation between the two while some are… Continue reading Ethereum (ETH) Price Analysis: ICO Cashing out FUDs Impeding ETH Recovery
Bitcoin (BTC) Price Analysis: 6 TIMES—The Number of Times Bitcoin Has Retested $6,000 in the last Three Months
From a top down approach, it’s clear that sellers are in charge as BTC is down a massive 11 percent thanks to Sep 5 selling spree. Regardless, there is optimism for cryptocurrencies and Bitcoin in particular stemming mainly from bullish fundamental developments. This divergence means there is potential for BTC to recover in coming days.… Continue reading Bitcoin (BTC) Price Analysis: 6 TIMES—The Number of Times Bitcoin Has Retested $6,000 in the last Three Months
Cardano, Litecoin, Tron, Stellar Lumens, EOS Price Analysis: Altcoins Bright Spots, Cardano (ADA) on Focus
Technically, we remain net bearish of EOS, Litecoin, Stellar Lumens, Tron and Cardano (ADA). Nevertheless, of all these coins, Cardano is at a point of inflection and should sellers resume last week’s momentum then we will see new ATLs for ADA. The same applies for Tron and Litecoin which is finding temporary support after yesterday’s… Continue reading Cardano, Litecoin, Tron, Stellar Lumens, EOS Price Analysis: Altcoins Bright Spots, Cardano (ADA) on Focus
Litecoin (LTC) Price Analysis: CASA Litecoin Lightning Nodes Could Increase LTC Demand
Development wise, prospects of lightning Network and Casa should boost prices. This comes at a time when Litecoin has been agitating for mass adoption by forming strategic partnerships with payment providers, news of a one-in-all solution that simplify LN node set up and channel transactions further reflect the divergence between fundamentals and price technicals. Regardless,… Continue reading Litecoin (LTC) Price Analysis: CASA Litecoin Lightning Nodes Could Increase LTC Demand
EOS, Cardano, Stellar Lumens, Tron, IOTA Price Analysis: Price not a Worry, Australians Are Buying In
A single day of BTC dip was enough to wreck havoc in altcoins valuations. It’s because of that, that most coins under review as EOS, Cardano, Stellar Lumens, Tron and IOTA will end up bearish and likely resume a trip to new 2018 lows throughout this month. The only stand out in this red is… Continue reading EOS, Cardano, Stellar Lumens, Tron, IOTA Price Analysis: Price not a Worry, Australians Are Buying In