DestinationMoonCrypto

DestinationMoonCrypto Updated 

Price Bitcoin spent last days fluctuating around 8500.0 level. 8500.0 level lies close to the Bullish Trend Line and is considered an important support for the April – May bullish pattern. As long as the price holds above the Bullish Trend Line, the overall bias still stays bullish. Breakthrough of the Bearish Trend Line and 100-days EMA afterward would be...

DestinationMoonCrypto

Coin of the day Bytecoin. Bytecoin is an open-sourced decentralized cryptocurrency with untraceable payments that was started in 2012. The coin had a negative controversy on the large quantity of premined by the team coins. With a focus on privacy, Bytecoin competes with other privacy coins like Monero, ZCash, and Dash. Monero is a fork from the original...

DestinationMoonCrypto Updated 

Coin of the day is Ethereum Ethereum is a second-favorite cryptocurrency after BTC and the main platform for DApps. A new version of the code of Casper, a planned improvement to the Ethereum network’s economic consensus protocol, has been released by developers May 8. Ethereum has managed to establish itself as the predominant platform for the development of...

DestinationMoonCrypto

Price Bitcoin fell during last 20 hours to the 8650.0 level. The fell was produced by the three consecutive sell-offs every seven hours since yesterday afternoon. The fall has stopped at the 8650.0 price, major volumes lie at the 8750.0 rate which shows that there are buyers ready to buy these lows. 8650.0 level is the last borderline, the lowest price, of the...

DestinationMoonCrypto

Price Today BTCUSD stays on the yesterday levels, holding above the 9250.0 level. Higher than yesterday peak of volumes talks in favor of further upward movement. Nonetheless, tight trading boundaries of the day shows that 9500.0 resistance will need a much higher volume to be penetrated. From the below, 9250.0 level should stay a support if we want to see soon...

DestinationMoonCrypto

Coin of the day is Ox Just to remind you, 0x(ZRX) is an open protocol designed to offer a decentralized exchange as part of the Ethereum blockchain (ERC20 standard). 0x is made using a protocol that involves Ethereum smart contacts that allow those around the world to run a decentralized exchange. 0x, at its core, is an open source decentralized exchange...

DestinationMoonCrypto

Price Buyers on the 100-days EMA pushed the price upwards to pierce above the Bearish Trend Line, which could be a start of the rebound formation. Closest resistance on the way up is 9250.0 level, breakthrough above this level would add bullish mood to the market. A breakthrough above the 9500.0 level could be considered as confirmation of the rebound and send...

DestinationMoonCrypto

Coin of the day id DigiByte DigiByte refers to the type of cryptocurrency that is developed to provide an alternative to bitcoin; the creators try to improve or correct the shortcomings of bitcoin. DigiByte’s supporters call DGB coin a sleeping giant of cryptocurrency. The coin exists more than four years now. Founded in 2014, it’s part of the older class of...

DestinationMoonCrypto

Price For the third day in a row BTCUSD going through a selling pressure, the pattern clearly looks like step-by-step sell-off of the currency. After the recent volume peak at 9330.0 level, the coin fell to the 9000.0 level + 100-days EMA, with low volumes, not finding a buying support. Breakthrough of the three-days Bearish Trend Line is required to consider a...

DestinationMoonCrypto Updated 

Coin of the day is Ethereum Recent sell-off on ETH happened ahead of the regulators meeting where authorities will discuss whether Ethereum and Ripple fit the concept of securities. Ethereum, in this case, was the initial cause of the meeting, Ripple appeared only in recent announcements, and it seems that discussion conceptually will affect all cryptocurrencies....

DestinationMoonCrypto

Coin of the day is Bytecoin. Bytecoin is an open-sourced decentralized cryptocurrency with untraceable payments that was started in 2012. Bytecoin is considered one of the oldest blockchain projects and one of the first to focus on privacy for the end-user. The team clearly states in their whitepaper that they don’t consider Bytecoin as a Bitcoin replacement....

DestinationMoonCrypto Updated 

Short update for the previous post on ZRXBTC. Breakthrough of the 0.00017 - 0.0018 from the second attempt. Next - testing of the all-time high 0.0002. In case of high volumes, the breakthrough looks possible, as it seems that all the resistance was concentrated below the 0.00018 level. Support for the bullish scenario - 0.00017.

DestinationMoonCrypto

Price After attempts to break the 10000.0 level, BTCUSD went into lateral movement near to the 9500.0 support level. Today the price went down and broke below the 9500.0 level. The fall stopped at the 9250.0 level, not reaching the main for the week 9000.0 – 8800.0 support zone. Overall the sell-off did not change the bullish bias. One of the reasons for the red...

DestinationMoonCrypto

Price Bitcoin started the week dipping below the 9000.0 support level, but quickly returned and showed a sustained growth throughout the whole 9000.0 - 10000.0 zone. As was expected the breakthrough of the 10000.0 resistance did not happen, though on some Asian exchanges the price showed a peak above the 10000.0 mark. Failed attempts to break the 10000.0...

DestinationMoonCrypto

Price As was expected, the breakthrough of the 9250.0 brought the price to the 9500.0 – 10000.0 zone. Daily peaks of volume is near to the 9700.0 level, approving the bullish tendency. Nonetheless, 10000.0 level appears to be not only psychologically significant as a number but also as a borderline between 61.8% Fibonacci zone and 50.0 % zone. A breakthrough...

DestinationMoonCrypto

Coin of the day is Ox. 0x is an open protocol that is designed to offer a decentralized exchange as part of the Ethereum blockchain. 0x is made using a protocol that involves Ethereum smart contacts that allow those around the world to run a decentralized exchange. 0x, at its core, is an open source decentralized exchange protocol, so any use case that involves...

DestinationMoonCrypto

Price Even though the median daily price is higher than yesterday, BTCUSD did not manage to break above the 9250.0 level yet. A breakthrough above the 9250.0 level will lead the pair to its main at this point resistance 10000.0. Bullish Trend Line and 8800.0 – 9000.0 zone should act as a support. If the buying pressure is not enough to break above 9250.0 level,...

DestinationMoonCrypto

Coin of the day is Ethereim. The main competitor of the Bitcoin. Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. Ether is a cryptocurrency whose blockchain is generated by the Ethereum platform. Ether can be transferred between accounts and used to...