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Bitcoin Reaches Crucial Juncture: Breakdown Below This Level Could Spark Vertical Drop 02/04/2020 05:18 Bitcoin price failed to continue above the $9,500 resistance and declined recently against the US Dollar. BTC could either bounce back from $9,150 or it might decline heavily. Bitcoin bulls are fighting hard to protect the key $9,200 and $9,150 support levels against the US Dollar. The price remains at a risk of a sharp... The post appeared first on NewsBTC. This Technical Breakout Suggests Ripple (XRP) Could Rally To New 2020 High 02/04/2020 04:28 Ripple found support near the $0.2460 area and climbed higher against the US Dollar. XRP price surpassed the key $0.2500 resistance to open the doors for more upsides. Ripple price is showing positive signs above $0.2500 and $0.2520 against the US dollar. The price bounced back nicely after testing an important support area near $0.2450-$0.2460.... The post appeared first on NewsBTC. Ethereum Bulls Are Not Done Just Yet: This Key Setup Shows Uptrend Intact 02/04/2020 03:28 Ethereum price is trading in a positive zone above the $185 support against the US Dollar. ETH remains well bid and it is likely to bounce back from the 100 hourly SMA. Ethereum is currently correcting lower from the $195 yearly high against the US Dollar. The price is now approaching a couple of important... The post appeared first on NewsBTC. Bitcoin is Brewing the Perfect Storm for a Parabolic Mid-2020 Rally 02/04/2020 01:00 2020 has been Bitcoin's year, with the cryptocurrency posting massive gains throughout January as bulls attempt to lay the groundwork for BTC to see parabolic gains throughout the rest of the year. It is important to note that there is currently a multitude of separate factors that are influencing Bitcoin's price action, and the confluence... The post appeared first on NewsBTC. Rally Over? Latest Bitcoin Price Action Resembles Aggressive Distribution Model 02/04/2020 00:01 Last night, following a bullish weekly close and an even more bullish monthly candle close just days prior, the recent rally in Bitcoin price may have finally topped out. According to the Wyckoff method, the recent price action closely matches an aggressive redistribution model that suggests a severe mark down phase could follow. Bitcoin Price... The post appeared first on NewsBTC. Ethereum's Insane Rally Thwarted by Bears; is a Capitulatory Drop Inbound? 02/03/2020 23:30 Ethereum's 2020 uptrend allowed ETH to forge a firmly bullish market structure that many analysts had expected to catalyze a massive parabolic rally. This bullish possibility is now at risk of being invalidated, however, as the crypto was rejected overnight at a key level. At the moment, ETH is firmly tracking Bitcoin and the aggregated... The post appeared first on NewsBTC. Here Are 7 Reasons Why Bitcoin Could Explode Past $10,000 02/03/2020 22:34 Over the past few days, Bitcoin has found itself stalling in the low-$9,000s, failing to venture out of a tight range it has been stuck in for the past four days. The below chart from TradingView shows this non-action perfectly. Although some say that this flatlining price action is a precursor to Bitcoin return into... The post appeared first on NewsBTC. Bitcoin at Risk of Erasing 2020 Gains After Being Rejected at Key Level 02/03/2020 21:00 Bitcoin faced a flash rally yesterday evening that led the crypto to break above $9,600 before almost instantly incurring a significant amount of selling pressure that led BTC to plummet into the $9,300 region. Bull's inability to decisively close the cryptocurrency above its key resistance at $9,500 points to the possibility that bulls are losing... The post appeared first on NewsBTC. This Initiative Could Single-Handedly Push Ethereum to Mass Adoption 02/03/2020 20:00 In an effort to promote safe smart contract use, a group of Ethereum startups has founded a new initiative. The Ethereum Trust Alliance (ETA) will provide smart contract ratings, informing users of an application's reliability. Previous examples of smart contract vulnerabilities have resulted in millions of dollars of missing funds. The ETA hopes to prevent... The post appeared first on NewsBTC. An Interview With Lennix Lai on OKEx' Role in Promoting Financial Inclusion 02/03/2020 18:31 Lennix Lai, the Director of Financial Markets at OKEx recently gained the attention of the global financial and cryptocurrency community by pitching the idea of his company working with governments and other institutions to eliminate "unbankedness". The location and timing of his speeches in this regard is of utmost importance as Lai spoke at length... The post appeared first on NewsBTC. Update your subscription — Unsubscribe

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