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Tag Archives: Technical

Cardano Price Technical Analysis – ADA/USD Remains Supported

Key Highlights ADA price corrected lower from the $0.2745 level, but downsides were limited against the US Dollar (tethered). There is a major bullish trend line forming with support near the $0.2400 level on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to find a strong buying interest […]

Bitcoin Cash Price Technical Analysis – BCH/USD Bullish Above $700

Key Points Bitcoin cash price surged higher and broke the $700 resistance against the US Dollar. There is a short-term bullish breakout pattern forming with resistance at $745 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is placed nicely in a bullish zone and is currently eyeing more gains […]

Bitcoin Cash Price Technical Analysis – BCH/USD Could Test $700

Key Points Bitcoin cash price is moving higher and is currently placed above $650 against the US Dollar. Yesterday’s highlighted connecting bullish trend line with support at $650 is intact on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is showing bullish signs and it seems like it could break […]

Monero Just Hard Forked — and It Resulted in Four New Projects

One hard fork later, there are four new Monero projects. Privacy-centric cryptocurrency Monero hard forked to version 12 of its protocol yesterday. But not everyone is on board. Following the example once set by Ethereum Classic, some users are continuing on the pre-hard fork Monero blockchain… though in this case not as a single project. […]

Bitcoin Price Technical Analysis for 04/04/2018 – Triangle Support Holding!

Bitcoin Price Key Highlights Bitcoin price has formed lower highs and found support around $6500 to $7000 to create a descending triangle pattern. Price is bouncing off support and might be due for a move back up to the resistance around $9000. Technical indicators, however, are signaling that a breakdown might be due. Bitcoin price […]

NEO, EOS, LTC, IOTA and Lumens: Altcoins Technical Analysis March 31, 2018

If Bitcoin is dead or not, that’s subject to interpretation. Of course, it also depends on if you are a supporter or not. In my opinion, if BTC depreciation continues, other (most) altcoins might follow suit. Besides Tron which is charting new heights and aiming for a spot in the top 10-its down 20% in […]

Bitcoin Cash Price Technical Analysis – BCH/USD Crashes Below $700

Key Points Bitcoin cash price struggled to move higher and declined sharply below the $700 level against the US Dollar. There are two key bearish trend lines forming with resistances near $750 and $850 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may continue to struggle, and it could […]

Op Ed: The Many Faces of Sharding for Blockchain Scalability

Any programmer who has ever sat down to build a DApp at one point has had to think about the limits of current public blockchains, the most important and obvious one being their limited throughput, i.e., the number of transactions processed per second. In order to run a DApp that can handle real-world throughput requirements, […]

Stellar Gears Up to Implement Lightning Network

Last week, on March 15, 2018, Lightning Labs unveiled their beta for the Lightning Network in a flash of media attention and enthusiasm. The Lightning Network has been heralded as a solution to Bitcoin’s scalability issues, and the developments were greeted by the community with tremendous optimism. A little less than a week later, the […]

Ethereum Price Weekly Analysis – ETH/USD Tumbles Below $560

Key Highlights ETH price was under immense bearish pressure and it declined below the $560 support against the US Dollar. There is a major bearish trend line forming with resistance at $575 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may continue to slide and it could even break the $500 […]