Day: October 17, 2019

Bitcoin And Crypto Market Cap Down Sharply: LTC, BNB, BCH, TRX Analysis

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The total crypto market cap is declining and it could soon test the $200.0B support area. Bitcoin price is down 3% and it broke the main $8,000 support area. Binance coin (BNB) price broke the key $18.00 support and it might revisit $17.20. Litecoin (LTC) price is down around 5% and it is approaching the $50.00 support zone. BCH price is testing the main $215 support level, below which it could slide sharply. Tron (TRX) price is extending losses below the $0.0152 and $0.0150 support levels. The crypto market cap…

Ripple (XRP) Price Breaks Key Support, More Downsides Possible

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Ripple price failed to hold the key $0.2850 support and extended its decline against the US dollar. The price is currently correcting higher, but it is likely to face sellers near $0.2850 and $0.2880. This week’s followed key bullish trend line was breached with support near $0.2855 is intact on the hourly chart of the XRP/USD pair (data source from Kraken). The price is now facing a strong resistance near the $0.2860 and $0.2880 levels. Ripple price is struggling to hold gains against the US Dollar and bitcoin. XRP price…

Ethereum (ETH) Dives To $170, Is $160 Next Bear Target?

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Ethereum price extended its decline and broke the $175 support area against the US Dollar. Bitcoin price is also down more than 3% and it broke the $8,000 support area. Yesterday’s highlighted key bearish trend line is intact with resistance near $175 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains in a bearish zone and it could face resistance near $175 and $180 in the near term. Ethereum price is under selling pressure versus the US Dollar, similar to bitcoin. ETH price remains at a…

Sacramento Kings Pro Basketball Team Launches Crypto Collectibles

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The Sacramento Kings NBA basketball team has partnered with CryptoKaiju to launch crypto-collectibles. In a press release on Oct. 16, the Sacramento Kings announced a new collaboration with the creator of Ethereum-based Kaiju toys, CryptoKaiju. The companies will give away 100 limited-edition Kaiju collectible toys throughout the 2019–2020 basketball season. Each collectible is backed by a non-fungible token, meaning that no two are the same. 15 of these toys will come with a unique experience or prize, such as courtside seats, VIP tours, and signed merchandise, among others. Sacramento Kings…