Digital TAKEOVER near??Those who know me know I am an enthusiast about XRP (ripple) coin I have been following the coin for years. Based on my technical and fundamental analysis I have found reason to believe the digital space is about to make alot of gains and progress here in the next Quarter.
Displayed on my charts I have found an opportunity to get in on the trade at the $0.27000 level..
Check out my work I would love your comments and feedback...
Digitalcurrency
Clearly Institution Are Interested in Bitcoin!! Bitcoin is the gateway into crypto. Which means what’s good for bitcoin is good for crypto.And what we’re seeing with bitcoin is institutions are not just showing more interest in it... they’re adding it.
Which means the narrative for bitcoin is changing, and some of the largest holders of capital are buying it.
Fidelity Investments is one of the largest financial services providers – with $7.9 trillion in client assets – to show a keen interest in digital assets. Part of its interest lies in understanding what institutional investors expect and want from digital assets. Recent study Fidelity conducted of nearly 800 U.S. and European investors, it’s clear these investors – which represent gateways of massive sums of capital – are very interested.
In five years, 91% of the survey respondents who are open to digital assets expect to have at least 0.5% of their portfolio dedicated to it. And as of now, only 36% of respondents are currently invested in digital assets. This means not only will more institutions enter the space, but those already invested plan to increase their allocations.
This is very bullish for long-term bitcoin investors. That’s because there’s no emerging asset like it - where some of the largest pools of capitals have their eyes set on entering it.
The narrative that a 1-2% allocation to crypto will boost returns, while reducing portfolio volatility (due to bitcoin being an uncorrelated asset to stocks and bonds), is spreading.We saw Paul Tudor Jones go in front of the camera and declare he’s bought into the narrative. And with Fidelity’s study, we see the rest of the investment community warming up.
As more institutional investors enter crypto, they’ll be more likely to gain exposure to cryptos outside of bitcoin. And that’s when we’ll see the entire market create the next wave of millionaires.
The time to consider getting bitcoin, if you haven’t already, is now... before institutions decide to change their allocation from 0% to a higher number.
EOS about to make a big moveTA,
- Short term MA crossing over long term MA
- Ascending triangle
-History of it breaking Long term MA. consolidates for a bit before a big move
Stop loss : 2.13 (Could be a large move to the downside as well but momentum is to the upside for now)
Entry: market
TP1(50%) ; 3.82
TP2 : 5.25
Steem could be the next decentralized social network!!! The Steem community is focused on driving usage to Steemit, the social media blog powered by the Steem blockchain.
Part of this drive included a program called “100 Days of Steem.” It’s a daily post geared toward building a community with wide participation.
As the 100 days wrap up, the Steemit team mentioned the creation of a roadmap. Its refocused goals moving forward will be the three R’s: recruitment, retention, and reward.This is how it’ll see a strong, vibrant community emerge and take hold.
Steem is also electing country representatives. The elected representatives will be tasked with spreading awareness in the countries they represent. And the application process should begin this month.
Steemit is the most active application on the blockchain. And it’s starting to develop a roadmap forward after March’s contentious hard fork. As Steemit regroups and begins to hit roadmap milestones, we expect it to drive STEEM’s value higher.
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.
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?
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