Ethereum Price Analysis: ETH Could Rally If $116 Support Holds

ETH price is currently consolidating above the $116 and $117 support levels against the US Dollar. Yesterday’s highlighted key bearish trend line is active with resistance at $126 on the hourly chart of ETH/USD (data feed via Kraken). The pair may gain bullish momentum sooner or later as long as it is above the $116 support. Ethereum price is trading in ranges against the US Dollar and bitcoin. ETH/USD might start a solid upward move if it continues to hold the $116 support area in the near term. Ethereum Price…

BTC Cap Up $700 million From $3,700 Support

Bitcoin price ranging, up $700 million in the last 10 Hours Federal Reserve Bank of St Louis research confirms there is BTC demand Transactional volumes low. Drops from 18k to 15k in three days Market participants are optimistic and for good reasons. Candlestick arrangement points at bulls, and as prices swing between Jan 14 high low, our immediate triggers will be at $3,800. All the same ideal targets are at $4,500 and $6,000 on the upside. Bitcoin Price Analysis Fundamentals Aside from supervising and regulating financial institutions in the US,…

ETH Set for $150, Bull Pin Bar Prints

Ethereum Price finds support above $120 Analysts say Ethereum Futures are complicated Transaction volumes low, ETH/USD ranging Even without Constantinople, prices are steady, and although it may be months or even years before ETH Futures gain traction, bulls are vibrant. At spot rates, there is a demand for ETH and prices might soar to $170 by end month. Ethereum Price Analysis Fundamentals A day after Constantinople, Ether prices are faring quite well, and as developers prepare for another conference on Friday to deliberate and fix the next launch date, it…

XRP Demand Builds Up in Lower Time Frames

Ripple price stable above 30 cents Ryan Zagone concludes lack of regulatory clarity impedes institutional adoption Average volumes decrease from 30 million to 24 million in three days Technically, XRP is bullish above 30 cents and 25 cents. As such, as long as prices accumulate above 30 cents, we expect a breakout lifting price above 35 cents to 40 cents in the next few days. Ripple Price Analysis Fundamentals Strides are being made, and one of them is the Euro Exim bank decision to integrate xRapid. While it is good…

Ripple Price Analysis: XRP Could Target Fresh Weekly Lows

Ripple price is struggling to gain momentum above the $0.3300 and $0.3320 resistances against the US dollar. There is a key bullish trend line formed with support at $0.3240 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could break to the downside if sellers push the price below $0.3200 and $0.3150. Ripple price is slowly moving into a bearish zone against the US Dollar and Bitcoin. XRP/USD could accelerate losses if buyers continue to struggle above $0.3300 in the near term. Ripple Price Analysis…

Ethereum Price Analysis: ETH Buyers Not Out of Woods Yet

ETH price is currently struggling to settle above the $124-125 resistance area against the US Dollar. There is a new connecting bearish trend line formed with resistance at $127 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to find a strong buying interest near the $120 and $118 support levels. Ethereum price struggled to break key resistances against the US Dollar and bitcoin. ETH/USD remains supported on dips, but a break above $127 is needed for more gains. Ethereum Price Analysis After an increase…

ETH Calm A Day After Constantinople Delay

Ethereum price steady Constantinople fails to take off, vulnerabilities discovered Trading volumes low, ETH/USD may consolidation Even though Constantinople is what Ethereum needs, this is the second time the upgrade has been put off. Luckily, ETH prices are steady against the USD. Before we recommend longs, ETH must first rally above Dec 2018 highs of $170 Ethereum Price Analysis Fundamentals It is official, Constantinople is off. However, how the Ethereum Foundation and other developers failed to spot a weakness allowing Chain Security, to successfully split open the underlying code and…

BTC Unchanged as Volatility Taper

Bitcoin Price trading range tight Bulgaria’s NRA introduces a 10 percent tax on crypto profits Transaction volumes low as BTC/USD range within Jan 14 high-low Candlestick arrangement favors bulls. However, as the government opens up, we recommend patience until after Bitcoin prices rally above $4,500 in line with our last BTC/USD trade plan. Bitcoin Price Analysis Fundamentals The thing is, governments irrespective of jurisdiction won’t budge and will see towards enforcement of their initiatives. Under the guise of investor protection–whereas the so-called investors are on average tech savvy with full…

The Unique Consensus Mechanism of Decred–Is This True Decentralization?

The Unique Consensus Mechanism of Decred–Is This True Decentralization? January 16, 2019 by Paul de Havilland Decred has a unique consensus mechanism many regard as closer to true decentralization than most other cryptocurrencies. With the pros and cons of different consensus mechanisms being in focus recently, we thought Decred’s unusual hybrid consensus mechanism was worthy of examination. Also read: Paper Outlines Proof-of-Stake Sidechains for Cardano Ouroboros, Beyond Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts The Consensus Mechanism of Decred in a Nutshell Decred’s governance uses a hybrid…

Bitcoin Price Watch: BTC Approaching Next Significant Break

Bitcoin price is consolidating losses above the $3,560 support area against the US Dollar. There is a short term contracting triangle formed with resistance at $3,625 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price may soon make the next move either above $3,650 or below $3,540 in the near term. Bitcoin price is preparing for the next key break above $3,650 against the US Dollar. A close above $3,650 could trigger bullish moves towards $3,720 and $3,800. Bitcoin Price Analysis After trading above the…