DestinationMoonCrypto

DestinationMoonCrypto

Price BTCUSD breaking 7000, by what showing a bullish sign. The signal for the continuation of the uptrend rally would be a breakthrough above 100-days EMA (coinciding with the 7500 level). The most probable developments for now - correction and probably roll back to the 7000 level. Anyway, if the price will manage to stay above 7000 - that could be considered as...

DestinationMoonCrypto

Coin of the day is Decred One of the few coins that have been drawing a bullish chart since the beginning of 2018. The reasons for such positive behavior are complex: the primary idea of Decred team – to fix the main governance problems of Bitcoin, trustworthy team and the promising roadmap, it's all matters. Decred(DCR) is a cryptocurrency project that...

DestinationMoonCrypto

Price The bullish tendency remains, yesterday BTCUSD overcame 6600 level and now trading on the 6700 level. 6800 level is the resistance, which sent the price down on July 8th, a breakthrough above this level will add more to the bullish view. Nonetheless, much more important resistance, for now, is 7000 level. As long as the price holds below 7000 level -...

DestinationMoonCrypto

Coin of the day is Cardano With a 50% fall in price since the beginning of the summer, Cardano showing turnaround signs. Cardano is a smart contract platform, similar to Ethereum, with a focus on security through a layered architecture. The central message of the team is that Cardano made by professional scientists " leading academics and engineers", which will...

DestinationMoonCrypto

Price The weekends went calmly, with the price gradually rose from the 6150 level, reaching 6400 at the beginning of the Monday. Today BTCUSD pair was picked upwards and broke above the 6400 level, aiming for the first key resistance 6600. In case if we will see BTC above 6600 today, the next target will be 7000. Only after the breakthrough above 7000, BTCUSD...

DestinationMoonCrypto

Price 6100-6150 zone showed it’s resistive nature yesterday, lowering Bitcoin was bought-off fast with high volumes, as soon as the price reached 6100 level. On the near-term perspective, we have a resistance 6300 from above and supportive 6150 level from below. To consider any kind of turnaround formation we need to see a breakthrough above the 6400 level. For...

DestinationMoonCrypto

Coin of the day is IOTA. During the falling market, as always, we revise the bottom coins, which looks like a good opportunity to buy-in on a case of future growth. To recap what is IOTA: David Sonstebo, co-founder of cryptocurrency, states that it was developed to enable the “paradigm shift” to the Internet of Things by establishing a “de facto standardized...

DestinationMoonCrypto

Price After a short lateral correction, BTCUSD continued its bearish movement and broke below the main support of this week – 6300. Now the price is at the 6150.0 level, calling into question soon return to the 7000 level and the formation of the bottom pattern in July. The next supportive zone on the way down is the 5750 – 6000 zone; 6000 as a psychological...

DestinationMoonCrypto

Coin of the day is Tron Returning to the TRX, which stays within positive boundaries during today’s BTC decline. Recap for those, who don’t follow on TRX: Developed by famous “Jack MA protégé” Justin Sun, Tron is a blockchain-based decentralized platform, seeking to build a free, content entertainment ecosystem. The system is built with the use of distributed...

DestinationMoonCrypto

Price BTCUSD fall touched 6250.0 level but quickly returned to the 6300-6400 supportive zone. The most volumes were traded in the 6300-6400 area, which talks in favor of its supportive power. For now, we expect the price to go into a narrow lateral movement, as it is doing lately after strong moves. 6300.0 level stays the main support for the bullish view of the...

DestinationMoonCrypto

Coin of the day is Ethereum Classic Ethereum Classic was born as a result of the Ethereum fork after DAO hack, mainly because the community could not come to a consensus about abandoning pretty large amount of ETH. Two years passed since DAO events, and for now, Ethereum is the second biggest cryptocurrency in the world in terms of both daily transacted value...

DestinationMoonCrypto

Price Yesterday lateral movement ended by meeting with the Bullish Trend Line and breaking downwards after an attempt to take 6800.0 level. Price broke below the 6600.0 level, which probably has triggered stop orders of many and went downwards. The fall has stopped above the 6400.0 level; a 6300 – 6400 zone should play a supportive role for the price, a...

DestinationMoonCrypto

Price BTCUSD continues to alternate large jumps with horizontal movement, one more buy-in on Saturday brought the pair above the 6600.0 level and sent it into a flat movement on 6700.0. Nonetheless, it is too early to identify the turnaround pattern of the June fall, to confirm the turnaround tendency - we will need to see the price above the 7000.0 level. For...

DestinationMoonCrypto

Price 6700.0 resistance appears too strong for the price, for now, BTCUSD accompanied by lowering demand has declined to the 6400.0 support during the past day. Volumes distribution concentrates around the 6500.0 level or higher, which supports the possibility of further bullish moves, as we see that this price seems suitable for big buy-ins. To confirm an upward...

DestinationMoonCrypto

Coin of the day is ZRX(0x). Continue to follow ZRX July uptrend. To recap, 0x(ZRX) is an ERC20 based protocol designed to offer a decentralized exchange as part of the Ethereum blockchain. The main idea of 0x creators Will Warren and Amir Bandeali was that any use case that involves an exchange of different assets could eventually be built using 0x. Latest...

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Coin of the day is NEO. One of the Chinese attempts to takeover Dapps market has been feeling not so good, but lately showing the signs of the possible turnaround. In case of a turnaround, the price looks attractive, especially given the growth of 600% in 2018. Neo first name was AntShares (ANS), the company was founded in 2014 by Da Hongfei and Erik Zhang and...

DestinationMoonCrypto

Price BTCUSD found a support yesterday in the 6300-6600 zone at 6400.0 level. Since the start of July price stays in Bullish tendency, though the tendency gradually flattening. While price is in the 6000 – 7000 zone it is substantially moved by the large buy-ins, not by constant growth of demand, such growth can’t last long and if big buyers will be able to push...

DestinationMoonCrypto

Coin of the day is SysCoin What is SysCoin The primary 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...