Bitcoin tumbled approximately 7 percent on Monday, breaking below the 8000.0 support level. Now BTCUSD trading slightly below the 8000.0 level in the lateral pattern. The fact that the coin did not go lower, to the 7250.0 support, moving in lateral movement and gaining volumes talks in favor of the reversal and comeback above the 8000.0 level. Today forecast:...
Coin of the day is Verge. The Verge coin (XVG) is likely, in the nearest future, to compete with the large players of the privacy-oriented coin class, like Monero and Dash. Verge is a successor of DogecoinDark, a coin that was forked from Dogecoin back in 2014. Verge team claims that they are focusing on the user privacy while maintaining a public ledger making...
On the last week, BTCUSD tried to seize the 9000.0 level but drew a double peak pattern and fell after news about Binance leaving a Japan and probably whole Asian region, relocating it's head ofice to Malta. Bitcoin opened this week with a fall, breaking below the 8300 level and heading to the 8000.0 support. Break below the 8000.0 level will send the price to...
Coin of the day is Siacoin. 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 reliable and lower cost than traditional cloud storage providers. The goal of the company is to...
Coin of the day is SYS coin. The main product of the Syscoin team is Blockmarcket, a blockchain powered marketplace "where you can securely and reliably buy and sell any items you wish". They position themselves as a future competitor to Amazon and eBay. Syscoin offers a set of technologies: a global network, a distributed ledger, a decentralized database and a...
Coin of the day is NEOS The NeosCoin is a decentralized, open source cryptocurrency. It was founded in August 2014 from a fork of Bitcoin. The main goal of NEOS team is to develop a blockchain based content platform, where users will be able to sell and buy original and not forged content. One of the side but not the least important advantages is the ability to...
Coin of the day is Ox. As it says in the whitepaper: “Ox is an open protocol for decentralized exchange on the Ethereum blockchain.” The 0x team are working on a protocol using Ethereum smart contracts, that will help anyone in the world to operate a decentralized exchange. Briefly, Ox is a technology developed to provide an improved exchange of Etherum tokens....
Coin of the day is NEM. NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015. NEM has a stated goal of a wide distribution model and has introduced new features to blockchain technology such as its proof-of-importance (POI) algorithm, multi-signature accounts, encrypted messaging, and an Eigentrust++ reputation system. In 2016,...
Coin of the day is Stellar (Lumen). Bitcoin recovered after it's weekend fall and now trading above the 8000.0 support. The Bitcoin growth ahead of G20 summit returned demand on big cryptocurrencies. And many of them appear to be at the lowest prices, attractive for buyers. Stellar is one of these coins, already showing a 15% growth from the recent bottom....
Coin of the day is Lisk. Lisk appeared in early 2016 year as a fork of Crypti (Crypti team broke up later). Lisk is considered as one of the alternative technologies to Ethereum. Roughly speaking it is a platform for the development of blockchain applications. They have own philosophy on blockchain applications, so it's not just clone of the Ethereum technology,...
Coin of the day is Litecoin. Litecoin is being one of the top performing coins against falling markets for a while now. Litecoin investors discuss rumors about listing Litecoin on Gemini, that will strengthen LTC positions among cryptocurrency leaders. From a technical point of view LTCBTC holds above the Bullish Trend Line, it has bounced off this line which...
Coin of the day is Ardor. Ardor is a Blockchain-as-a-Service (BaaS) Platform that will allow users to create their child chains with specific settings for asset issuance. It was developed as an evolution of the NXT blockchain and likely offers many advantages over its predecessor, both in functionality and in scalability. From the technical view, ARDRBTC was in a...
Coin of the day is NEM. Recently formed by NEM rebound pattern develops further. The decline in NEM value over the last weeks was provoked by the hack of the Tokyo based cryptocurrency exchange Coincheck. There were two main reasons for the concerns: that Coincheck will not return the stolen funds and the fear that the stolen NEM's (XEM) would be dumped into the...
Coin of the day is DigiByte. DigiByte’s supporters call DGB coin a sleeping giant of cryptocurrency. The coin exists more than three years now. Founded in 2014, it’s part of the older class of cryptocurrency projects, focusing on improving security, decentralization, and speed. Lately, the coin started to gain upward momentum and drawing a bottoming pattern....
Coin of the day is Litecoin. LTCBTC once again found support on the Global Bullish Trend Line and bounced off it, supporting the global uptrend pattern. This is a common tendency for the markets, to re-balance portfolios into the Litecoin when BTC falls. High volumes at the during the rebound on 07.03.2018 proves the bullish mood of the coin. From the upside,...
Coin of the day is NEM. Nem was trading in the downtrend for recent time, and it seems that the coin has finally found the bottom at the 0.00003 level. Dive to the 0.00003 level still fit in the global uptrend, so it could be a good place to buy. From the bulls: XEMBTC broke above the Bearish Trend Line and pushed upwards from the 0.00003 support. Growing volumes...
If XLMBTC pair will manage to break above the Resistance Zone which lies on the 100-days EMA and 0.0000333 resistance - that could be a sign the pair has found a bottom and now is going upwards. Recently Stellar was giving signals of bottoming at the 0.0000275 level but then failed to break above the 0.000035 level perhaps because of profit taking. Nonetheless,...
XMRBTC had a dip below the Trend Line last few days but bounced off from the 0.0275 support line and returned to the bullish bias. Today the pair showed sustained upward momentum (stands out among most of coins) accompanied by high volumes, which is a positive sign for bulls. So, the bullish tendency of bounces from the Trend Line remains. From the upside, the...