Anton_Bartenev

Anton_Bartenev

After a brief period of XRP/USDT pair consolidation above the technical level of support of 0.2800 a growth wave followed, as a result of which the buyers yet again tested the key technical level of resistance of 0.3000. Our readers may remember that we have previously suggested the possibility of the rate reaching 0.2900. There are plenty of reasons for investors...

Anton_Bartenev

OK, so bitcoin, the first and central cryptocurrency, is continuing to consolidate in a very narrow price range, which clearly points towards the uncertainty in the marketplace. As of right now, the BTC/USDT pair is trading at around the 8,300 mark, and it should be noted that over the past several weeks bitcoin dominance index has been going down. As a result of...

Anton_Bartenev

After Binance published a blog post in which it answered the question of whether BNB is a tokenized security or a utility token BNB continued its growth and overcame the resistance level of $16.00. Binance listed more than 120 ways in which BNB can be used, which means that the asset has a high potential for active development and robust circulation. As a...

Anton_Bartenev

Let us recall that overall the situation on the cryptocurrency market remains fairly stable. At the same time, bitcoin continues to lose its market share, which shrunk to 66.8% from its September high of 71.2%. And of course we can always take the opposite view of the situation and see that it was the altcoins' share of the market that went up. Nevertheless, we...

Anton_Bartenev

Despite the positive news about the launch of the EOSIO 2.0 protocol, the rate of EOS/USDT pair is not in a huge rush to bounce back to its ATH. After a strong downward squeeze on September 24 the price was only able to come back up to 3.30. Meanwhile, against the backdrop of a price decline of all altcoins the price dropped to the bottom boundary of the flag...

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While the rest of the world is preparing for the Libra launch, Brad Garlinghouse is "postponing" the project for least another three years. It is not inconceivable that he is just trying to attract attention to his own project amidst all the hype surrounding Libra. The coin's price easily rose above Fibo 50% and hit the “golden ratio” of 61.8%. This speaks to...

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The United States Securities and Exchange Commission (the SEC) still believes that the primary cryptocurrency is not a security. As reported by The Block, Cipher Technologies Bitcoin Fund filed an application to register a closed-end interval fund and investment management company. The application states that bitcoin is a security. The SEC experts did not agree...

Anton_Bartenev Updated 

After a fairly difficult week XRP is now showing good growth, having gained more than 8% in USDT and more than 9% in BTC over just a few hours. One of the factors driving this increase is the news of yet another acquisition by Ripple: beginning today, the company is starting to operate in Iceland through the crypto trading firm Algrim which Ripple just bought....

Anton_Bartenev

After a fairly strong crash of the LTC/USDT pair from $80 to $50, the sellers decided to take a breather. As a result we are observing a continued consolidation in the ever-contracting price range – for the ninth day in a row LTC is holding in a narrow bracket of $50-57. On the trading graph we are seeing the pennant pattern, which is a continuation of the trend....

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One of the largest German banks Bayerische Landesbank (BayernLB) just published a research paper in which it predicts that in 2020 Bitcoin price will reach $90,000 :) Despite this incredibly optimistic forecast, the BTC/USDT pair is currently holding at a fairly narrow price range about the technical level of support of $7,800. At the same time, Binance...

Anton_Bartenev

The first day of the week ended with an increase in the rate of all the Top 10 cryptocurrencies, including ETH. Today let us take a look at what is going on with Ethereum, if it's actually doing well, and if it is worthwhile to actively buy this coin now. The Istanbul update to the Ethereum network took place ahead of schedule because of the unusually fast block...

Anton_Bartenev

The trading week is not over yet but we venture to say that it may become one of the worst weeks over the past few months. However, it is important to keep in mind that in July we witnessed an even worse wave of selloffs. The ongoing corrective decline is noteworthy not so much because of its depth but because it managed to break through the strong technical...

Anton_Bartenev

On Tuesday September 24 a fairly dramatic cryptocurrency crash took place, as a result of which BTC/USDT pair rate dropped to $7,800, returning to its lowest level since early June of this year. The wave of selloffs started when the technical support level of $9,200–$9,300, which was also the lower boundary of the triangle, was breached. We have discussed this...

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This week started off with good news for the cryptocurrency market but so far we're not seeing any rockets to the moon. The cryptocurrency platform Bakkt confirmed the start of bitcoin futures trading on the New York Stock Exchange's own trading platform Intercontinental Exchange (ICE). In the meantime, the International Monetary Fund is examining the...

Anton_Bartenev

Today we'd like to look at an interesting methodology to analyze the BTC/USD rate movement. The market is always based on the tension between the bulls and the bears, and this seesaw manifests in the number of contracts to buy (long) or to sell (short). By watching these indicators, one can see their strong correlation as well as the manipulation of the market by...

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Experts and crypto enthusiasts are at variance about this, but Ripple's CEO Brad Garlinghouse was able to convince the investors that neither he nor his team are interested in the crash of XRP. Just to remind you, yesterday Whale Alert detected and twitted about a major XPR transfer to Stellar's Technical Director and MtGox founder Jed McCaleb. Later, three more...

Anton_Bartenev

From the end of June we've been observing the decrease in the BTC rate volatility, and now the daily graph shows a well-formed triangle. It is important to note that the lower boundary of this triangle is a flat horizontal line – and from a technical standpoint this is not a good sign for buyers. This is why the next price drop to $9,300 may trigger a wave of...

Anton_Bartenev

Binance CEO aroused the public's curiosity by several new announcements, which promise to inject another dose of optimism and good news for Binance Coin. Looks like CZ continued to use verbal interventions to radically change the market moods. One of the important pieces of news is Binance's investment in the Chinese cryptocurrency publication Mars Finance. For...