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Tag Archives: Technical

Ripple Price Technical Analysis – XRP/USD’s Downsides Remain Supported

Key Highlights Ripple price traded as high as $1.1024 before starting a downside correction against the US dollar. Yesterday’s highlighted ascending channel with current support at $1.0080 is intact on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair may extend the current decline, but it is likely to find support […]

Cardano (ADA) Daily Analysis, February 4, 2018: Trades Inside Range

Key Highlights Cardano dropped 10.52% on Sunday morning to trade at $0.4386, as the majority of cryptocurrencies managed to hold on to intraday gains by the close.  Cardano finished the previous week on a downward trajectory, recovering from the previous week’s closing $0.418. There was a strong resistance at $0.52 levels through the previous week, which […]

DASH and Litecoin Analysis January 26, 2018

DASH/USD DASH traders offered little in the way of volume during the trading session on Thursday, as we danced around the $800 level. I believe that the market is going to continue to go back and forth between $750 level underneath, and $850 above. There is a serious lack of volume, so I suspect that […]

Bitcoin Price Technical Analysis for 01/24/2018 – Reversal Candlesticks at 100SMA

Bitcoin Price Key Highlights Bitcoin price is still treading carefully above the ascending trend line on the daily time frame. A bounce might be due as a doji has formed at the 100 SMA dynamic support on this chart. The next candle would need to close past the doji’s highs to confirm that bulls are […]

Bitcoin Gold Price Technical Analysis – BTG/USD Approaching Key Support

Key Points Bitcoin gold price is slowly recovering and is currently trading above the $200 level against the US Dollar. There is a key bearish trend line forming with resistance at $250 on the hourly chart of BTG/USD (data feed from Bitfinex). The pair may continue to move higher, but it could face sellers near […]

DASH and Litecoin Analysis January 12, 2018

Dash/USD Dash went sideways during the trading session on Thursday, essentially hovering the $1000 level. That’s an area that has offered a bit of support in the past, and now that the stochastic oscillator is starting to cross on the 4-hour chart, I suspect we may get a bounce towards the $1100 level. That’s an […]

Wallet Developers Express Security Concerns Over BitPay’s Payment Protocol Policy

On December 14, 2017, BitPay announced a first step toward enforcing the payment protocol: All orders of the BitPay Card will require payments from Payment Protocol-compatible wallets, such as BitPay’s own wallet and a few others. This announcement came after an initial notice in November 2017, when BitPay first announced that BitPay invoices would soon […]

Keep an Eye Out for These Bitcoin Tech Trends in 2018

The post Keep an Eye Out for These Bitcoin Tech Trends in 2018 appeared first on Bitcoin Magazine.