After a crypto Christmas sales ended, BCHUSD is now moving in range forming ascending triangle. If we look back at the beginning of the month where BCH moved from 1500 level to 2000 with in couple hours lead to an oversold level and following by strong selling pressure. When a selling pressure cool down, price is moving in an parallels channel before another...
I am quite bullish on the technology and the very nature of XRP's centralized platform. Given that most people in this space reject the idea of Ripple due to its centralized nature if they prove that this system can survive and thrive it will actually be beneficial to the blockchain community as a whole, centralized or otherwise. Now the recent price run-up has...
The short-term sentiment for the cryptocurrency market has improved - this could be due to the mainstream media outlets return from their Christmas breaks shouting out on the massive correction we've had, and people are seeing an opportunity. Ripple is going through the roof and my analysis here reckon it's going to 1.30 soon. I had previously recommended that...
XRP or Ripple has a lot going for it recently both in terms of flows and technicals. Ripple has caught mainstream media attention in recent weeks due to its outperformance despite other cryptocurrencies weakness. With that attention comes the realization to the mass that Ripple is unlike most other cryptocurrencies, it's centralized . I think this very fact...
The story behind ETH is clear - if BTC is the new currency, ETH is the new internet. This much is understood by the mass and without a strong contender, for now, ETH could perhaps in the future surpass BTC in terms of Market Cap. Most long-term traders on the market I talk to are still unsure about the winner for the cryptocurrency space, but they have no doubt...
A lot of the selling in the cryptomarket has been due to bad publicity recently, be it the BTC/BCH Coinbase issue or LTC founder selling his stake, on and on. For those of us that at least marginally understand the technology and the potential we see these declines as an opportunity to trade long from a more advantageous level. Coming back from the holidays the...