DestinationMoonCrypto

DestinationMoonCrypto

Coin of the day is Ethereum. EOS recently attracted a lot of attention as a main competitor of Ethereum. Let's see, how ETH feeling during those events, especially regarding that EOS recently experienced problems with MainNet launch. Ethereum stays a leader in the Dapps platforms technologies, and the most accepted blockchain technology along with Bitcoin...

DestinationMoonCrypto

Price Yesterday buy-in broke the lateral channel and brought the price above the 6650.0 level, closer to the Global Bearish Trend Line. For now, the price stays locked inside the narrowing bounds of Bearish Trend Line and 6650.0 level. Today BTCUSD will reach the decisive moment with the Trend Line, bounce back will bring the price below the 6650.0 level probably...

DestinationMoonCrypto

Coin of the day is Tron. One more turnaround pattern today. After MainNet launch Tron price went into a three-weeks decline despite the opposite expectations. Today TRX started to show turnaround signs, as the token migration date approaches (token migration - all tokens will be swapped from ERC-20 tokens to official TRX MainNet tokens). The token migration is...

DestinationMoonCrypto

Price BTCUSD spent the weekend in lateral movement inside the narrow channel 6400 - 6550. But such lateral movement will not last for a long time. As within two days, the price will reach Bearish Trend Line, which imposes the downward tendency of the price and will face a decision, to break the Trend Line and show more bullishness, or bounce downwards from this...

DestinationMoonCrypto

Coin of the day is NEO. Neo first name was AntShares (ANS), the company was founded in 2014 by Da Hongfei and Erik Zhang and has been referred to as ‘China’s first blockchain platform’. In 2016, supposedly in response to growing interest in AntShares, and a need for blockchain solutions that meet the requirements of both government regulators and private...

DestinationMoonCrypto

Price Bitcoin showing gradual growth for the first full day in a long time, at least buy-backs are bigger than sell-offs, talks in favor to the opinion that people are ready to buy BTC at these prices. Currently, the price trades on the 6600.0 level with relatively low volumes, the growth of volumes with the onset of a working day in America can push the price...

DestinationMoonCrypto

Coin of the day is 0x. One more bottoming pattern caught the eye today. Ox token is one of the biggest growers in the 2018 year, went through a correction since our last review, but now seems to be showing positive signs of a rebound. 0x(ZRX) is an ERC20 based protocol designed to offer a decentralized exchange as part of the Ethereum blockchain. The main idea...

DestinationMoonCrypto Updated 

Coin of the day is EOS Continue search for the nice looking bottoms, while Bitcoin continues to load dips. Looking at the most logical next-generation of cryptocurrencies – Dapp's platforms… there are two main players now, at least that how the prevailing public opinion sounds, there is a leader Ethereum and a pretender EOS. Many stakes that EOS will overtake ETH...

DestinationMoonCrypto

Price Yesterday bitcoin showed one more dip, below the 6400.0 level, but was brought back quickly and returned above the 6425.0 level. Such behavior confirms that 6000 – 6400 zone has a strong supportive value for the market. Still, considering the scale of the latest fall, we can expect at least a couple-day long correctional pattern, before the market will be...

DestinationMoonCrypto

Coin of the day is Siacoin. As always, listing on the new exchanges drags our attention by huge movements. To recall, Sia is a decentralized data storage platform based on the blockchain technology. The Sia Storage Platform leverages underutilized hard drive capacity around the participants of the network to create a data storage marketplace that is more...

DestinationMoonCrypto

Price Yesterday we saw one more fall iteration, which brought BTCUSD pair to the April minimum at the 6425.0, exactly from this level the April – May growth started. The next support would be February low at 6000.0 level. Turnaround scenario at this point require strong support in the 6000.0 – 6400.0 zone. Otherwise, the price could go lower than 6000.0 minimum,...

DestinationMoonCrypto

Price The market still recovering from the weekend fall, trading in extra narrow boundaries above the 6650.0 level, where the fall found support on Monday. To consider turnaround we need to see a strong increase in volume and a significant upward momentum, which will break above the Bullish Trend Line and return the price in the 7600.0 zone. For now, while we do...

DestinationMoonCrypto

Coin of the day is Ardor. One of the useful things to do during the stagnating markets – look for the bottoming patterns, a possibility to buy the bottom at low prices with high potential. Again, while the crypto community is concerned with the cost of bitcoin, we could concentrate on companies which are not aiming to become new era money, but rather bring new...

DestinationMoonCrypto

Price Weekends gave us bitcoin sold off to near the lows we saw at the beginning of the year. As usual, such event drag whole crypto market lower, opening the week almost in all-red. Fro now the fall stopped near the 6650.0 level and went into a narrow lateral movement slightly above it. 6000.0 – 6500.0 zone should play as s strong support, as we saw the last...

DestinationMoonCrypto

Coin of the day is IOTA. While Bitcoin is falling and dragging markets behind him, It is a good time to consider blockchain technologies which could contribute to future by not replacing fiat money. IOTA is an ambitious project that was founded in 2015 by David Sønstebø, Dominik Schiener, Sergey Ivancheglo. In a blog post discussing IOTA’s roadmap, David...

DestinationMoonCrypto Updated 

Coin of the day is EOS. Currently owned by the block.one organization, EOS was launched by Dan Larimer, who is also the founder and creator of established platforms like Bitshares and Steem. Calling itself the most powerful infrastructure for decentralized applications, EOS is a blockchain platform for decentralized applications (dapps), similar to Ethereum in...

DestinationMoonCrypto

Price 7600 level stays a cornerstone for the price. Today volume distribution peak stays above the 7600.0 level, though the price dips below it and now hanging on the passed recently Bearish Trend Line. It worth saying that some traders consider a breakthrough pattern of the angle lines (Bearish Trend Line) this way: breakthrough -> come back to the line ->...

DestinationMoonCrypto

Price After a little dive, the market managed to gain enough volume and break above the Bearish Trend Line zone. After the breakthrough of the resistance area along with 7600.0 level, BTCUSD froze on the 7700.0 level and holding on the 7700 for the 9 hours already, showing ultra thin volatility. Where we could go from here? Depends on whether the price will be...