RCN(Ripio credit network) Has huge potential for adaption!!!
Ripio Credit Network connects lenders and borrows in a decentralized, P2P manner. It looks to extend credit to those who can’t access traditional banking services.
This past month, Ripio updated its smart contracts to remain compatible with the liquidity protocol Uniswap. Uniswap will help Ripio users find liquidity when needed.
Looking forward, the team is testing collateral-backed loans. We look forward to learning more about these loan offerings. In the meantime, Ripio continues to progress, improving usability and offerings for its 450,000 users across its app, exchange, and credit marketplace.
Digitalcurrency
REASON WHY YOU NEED TO PAY ATTENTION TO EOS!!!!On July 4, the creators of EOS released its new social media platform, Voice.
Voice is similar to Facebook and Twitter, but unique due to its reward-based system and the way users receive content.
When others “like” users’ content, Voice rewards them with Voice tokens. And the more likes a post gets, the more visible it becomes to other users. This ensures users discover the most- liked content by fellow users – not the content big tech is incentivized to bring you.
Anyone can sign up to browse the site. But publishing content is temporarily restricted to registered community members. The creators took this route to minimize fake accounts on the network. Fake accounts are notorious for spreading false and misleading information. In 2019 alone, Facebook removed over 5.4 billion fake accounts.
On August 15, the site will open up to more users. From then on, users can invite their friends to further expand the network.
As Voice gains more users, demand for EOS will increase since the token powers the networks.
Ripple could 10X your money in long term!! (XRP/USD)Ripple’s sole focus is to make it cheaper, easier, and more transparent for people to send money around the world. It’s a private currency system that exists only on a digital ledger.
But banks have flocked to it because it solves three problems of cross-border transactions: speed, transparency, and cost...You see, banks can send money to any other bank on the Ripple network within five to 10 seconds.And when you send money via Ripple, you know the exact cost and exchange rate. With the power of the blockchain, you can immediately see trans- actions being processed – making it transparent.
Plus, Ripple is cheap to use. According to a report published by Ripple in 2017, it claimed to be at least 42% cheaper than traditional Society for Worldwide Interbank Financial Telecommunica- tion (SWIFT) payments systems.
And unlike other blockchains, Ripple can process over 20,000 transactions each and every second. This matches the transaction volume of Visa. (In comparison, bitcoin can only handle seven trans- actions per second, and Ethereum can handle just 15 per second.)
When you consider that Visa’s market cap is $412 billion, Mastercard’s is $300 billion, and PayPal’s is $200 billion... Ripple is one of the cheapest global payments companies in the world with a market cap of just $8.5 billion
Bitcoin ready to pump to 13000 dollars.Buy setup!!Hello Guys, This is a quick break down of the pair and my perspective on the market, let me know in the comment section below if you have any questions, what you would like to learn from me, or anything of value that you wanna share,All entry will be based on multiple confirmation as stated on the videos, I suggest you keep this pair on your watchlist & use proper risk management.
Follow me for more updates here!!
Long term Bitcoin AnalysisBitcoin has been bullish in the past week, and the price is showing rejection in the weekly long term trend. The rejection will only be confirmed on Sunday.
My prediction is that BTC has hit a resistance level at 11,500 and will rest and sell off to between 9000-6000 and form a third relative low and then we will enter a bull market again.
This may take time, make sure you are liquid enough for when its time to moon
Would love to see your comments on this one. This is a bold call
DigiByte Weekly ReviewOverall chart suggests DGBUSD is consolidating above a significant horizontal, with current price action leaning up.
The 50 MA is now pointing up after the long correction since previous ATH.
MACD is still pointing down however, so perhaps this week will see DGBUSD building pressure against the top of the triangle, with next weeks momentum turning up strongly enough for a decisive breakout towards the 160% target we previously set.
SparksterSignals Analysis Of DigibyteWe haven't covered DGBUSD yet. Why? Because DGB isn't good for trading? Not at all. The reason is that we are focusing on coins that we can integrate into the SparksterSignals platform at some point, based on user interest. Our integration with Binance Exchange means that we focus on coins that are available for trading on Binance. And Digibyte was recently added. The reason we're using HitBTC for the chart analysis is obviously because the coin is so new on Binance that there's no chart history there yet.
News about DGB continues to get better and the fundamentals of the project currently looks strong.
DGBUSD recently had an epic price recovery, moving above a horizontal level that now divides the chart into a clear top half and bottom half. This suggests a launching pad effect for the price and after some consolidation, on breaking out of the current triangle, we expect DGB can pull off a further 150% appreciation to reach it's previous ATH.
The weekly chart does show downwards momentum via the MACD so we're not expecting an imminent breakout just yet, but DGB is certainly on our watch list. How about you?
BTC INSIDE THE MATRIXOver 2 months drifting along the lows with low volume to shake sellers out of the market. BTC bulls have drank from the cup I repeat.
bitcoin trend analysishello friends ! my new analysis about bitcoin : btc faced with a strong resistance ' after Inability to pass that resistance , price start the neutral trend below the resistance , i think if price want to pass that resistance need some correction for that !
please tell me you're opinion in the comment .
Ethereum/TEtherUS Elliote Wave setup BinanceHello, Guys
Now Ethereum has Riding on impulse wave 5 and has Expected to shift on corrective of ABC wave.
When you extend Third-wave that did travel more than 161.8% at 230 of Wave-1 is considered as an Extending Wave.
@ 4 Wave completed at 200
Now if you can Like to entry in ethereum according to wave principle you can average your Shorting position until 250 -260 or shorting between this area.
Use minimum leverage for creating your average shorting position!
Thanks
Bitcoin is going to melt to 7500 liquidity levelTOP DOWN ANALYSIS
WEEKLY TIMEFRAME
----We see price formed a W formation indicating a double bottom formation which indicate a strong super bullish uptrend after we break the neckline around 13000 level.
----Price is above the EMA indicating a continuation to upside(uptrend)
DAILY TIMEFRAME
-----Price is consolidating between the upward channel
---- Also EMA crossover in daily timeframe and price are below the ema indicating we might have a slight retracement to downside to collect liquidity before move up
---key zone to watch for liquidity test is around 7500 level cause it was a point of control for accumulation phase
----Price has to break structure 8500 and go below the pick region for a continuation to downside
--- estimate liquidity zone is around 7500 which come in confluence with 78.6 fib level
H4 TIMEFRAME
----Price has formed double top and EMA crossover to dowside. so h4 timeframe and daily are coming together indicating a temporary dowside shift of momentum
----price is forming lower highs and lower lows
H1 Timeframe
---- price is below the ema and we shall see a continuation to down side and key level to watch is the support level of the necklike of double top
-- price as expected to retest the accumulation point of control before moving to upside
DOnt leverage a lot in future trading or margin trading to avoid liqudation
wait for confirmation before taking a trade and ema crossover from daily,h4 ,H1 TIMEFRAME before going long
thanks you
Bitcoin Elliote wave Trade setup !!Hello friends,
Its currently riding on wave 5 according to wave principle wave 4 is retrace by 0.382 fib that is 8100 level of wave 3 as wave theory.
You can long Btc in given range for target 11400
Invalid Below 8700
Thanks
PRICE IN UPWARD CHANNELSTILL POSITIVE FOR PRICE TO GO UP, NOW PROBABLY MAKING SOME CORRECTION.
LIKE MY IDEA AND FOLLOW ME
NEXT WEEK GONNA GO UP GO LONGOn weekly chart, candle has crossed middle line BB. First TP will be 220, second TP 260.
maybe there will be some retracement to 180 before going up again.
please like my idea and subscribe. thank you
Digital PoundThoughts on this please
If GBP falls to this area would it be absurd to release a digital pound pegged to the US dollar?
According to this TA this area could be reached
I don't know anything really about this kinda stuff but it sounds like a good idea
XRP- Blood on the streets... $0.08- $0.05 incoming?Simple monthly Fibonacci from this months high to the lows in 2017. Extensions are looking real good; $0.05 may be a reality! Final brutal shakeout... ?? Get rid of loads of retail traders and weak hands!?
Don't think that it can't go this low. The market does the unthinkable.
IS THIS NOT A SUPER BULLISH MACRO?HALVING IS CREEPING UP, IS THE CRYPTO MARKET THAT EFFICIENT & GOT THAT BAKED INTO THE PRICE ALREADY OR?
DASH/BTC Falling Wedge StrategyHello traders,
DASH/BTC seens to be broken out of Falling Wedge witch is a Bullish pattern .
The price already correct all fibonacci levels and found support,
We have two buying points for DASH, one of them is if the price breaks the falling wedge on uptrend moviment, and the other is if the price and the other is on test of the important support level, the market all around the world is facing a turbulent moment, we must be carefull.
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Buy Bitcoin - Is Bitcoin about to emerge as a modern safe haven?We could be about to descend into a full state of panic in the markets?
The uncorrelated nature of Bitcoin could become very attractive to investors as they seek shelter from a global slowdown?
This is the time for Bitcoin to step up and prove its worth in my opinion.
It maybe an early call but I am preempting the completion on an inverse head and shoulders pattern on the daily chart.
I have a neckline that comes in at 10522. A break above here and we start targeting the 2019 high at 13868. Beyond that we are looking at the measured move of the inverse head and shoulders pattern at around 14615, then a 161.8% extension of that pattern at 17144.
If those targets are achieved, then it may only be a matter of time before we see a new all time high printed, beyond that, who knows?!
The potential right shoulder has corrected by around 50% and we are looking set to close above the 10EMA on the daily chart, which for me is a trigger to get long.
Best of luck!
long or short ? BTC/USDT BinanceLet me knw in the comments witch one you think is the most likely to happen.Blue, Orange, or White.
Good exposure on TSX for cryptoGalaxy digital could be good traditionally traded stock with exposure on crypto, not only Bitcoin.
