Cryptoblog

▷ Could XRP Price be 100% Higher?

Posted by Tupac Bruch on

▷ Could XRP Price be 100% Higher?

Analyst: This Textbook Bottom Could Send XRP Price 100% Higher 2020-04-16 2020-04-16 KryptoNews XRP really hasn’t done too well over the past few months. Case in point: crypto data provider Messari indicates that “XRP was the worst performer in Q1 of the top 25 assets” in its “currencies sector,” which excludes Bitcoin. This means that XRP underperformed Bitcoin Cash, Litecoin, Monero, Stellar, and many other cryptocurrencies over the course of the first quarter of this year. Author: KryptoGears KryptoGears This trend has continued into the second quarter of this year, with charts from CoinMarketCap indicating that XRP is up a...

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▷ Bitcoin Could “Quickly” Breach $20,000 High Due to This Mining Factor

Posted by Tupac Bruch on

▷ Bitcoin Could “Quickly” Breach $20,000 High Due to This Mining Factor

Bitcoin Could “Quickly” Breach $20,000 High Due to This Mining Factor 2020-04-15 2020-04-15 KryptoNews Ever since Bitcoin pulled back from the $20,000 highs in December 2017, investors in the cryptocurrency space have been wondering when again BTC would be at new highs. According to a number of analysts, a $20,000 BTC price is actually likely this year, or at least in the coming 12 months. Author: Kryptogears Kryptogears One trader recently cited a simple supply-demand dynamic to back his point. How Bitcoin Could Hit $20,000 “Quickly This Year”: Analyst Bitcoin trader Theta Seek recently shared that according to his analysis,...

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Bitcoin Will Hit $13,000 by Mid-April, Hedge Fund Manager Says

Posted by Tupac Bruch on

Bitcoin Will Hit $13,000 by Mid-April, Hedge Fund Manager Says

Bitcoin Will Hit $13,000 by Mid-April, Hedge Fund Manager Says 2020-03-05During bitcoin’s explosive surge that took its prices above $9,000 per token, Mohit Sorout of Bitazu Capital reiterated his $13,000 price target of the cryptocurrency. Author: KryptoGears KryptoGears News The hedge fund manager tweeted a bitcoin chart that showed the cryptocurrency tailing the path of his bullish prediction from late February. He noted that bitcoin’s latest jump brought it above a combination of support levels, mainly the so-called ‘MSORO bands,’ confirmed a renewed buying sentiment among traders. MSORO BANDS charts the sum of open long and short positions | Source:...

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Bitcoin is Setting Up a Rebound to $9k

Posted by Tupac Bruch on

Bitcoin is Setting Up a Rebound to $9k

This Indicator Just Signaled Buy For Bitcoin, Setting Up Rebound to $9k 2020-03-03 Bitcoin is correcting losses from the $8,400 region against the US Dollar. It seems like BTC price is likely to extend its recovery above the $9,000 in the coming sessions. Bitcoin is up more than 2% and it recovered above the $8,800 resistance against the US Dollar. The price is now testing the last swing high and a short term resistance near the $8,970 level. There was a break above a contracting triangle with resistance near $8,610 on the hourly chart of the BTC/USD pair. The pair...

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Ripple’s XRP Risks Plunge after Making a Weird Golden Cross

Posted by Tupac Bruch on

Ripple’s XRP Risks Plunge after Making a Weird Golden Cross

Ripple’s XRP Risks Plunge after Making a Weird Golden Cross KryptoGears.com 2020-02-28 Ripple’s native token XRP triggered a bullish crossover signal on Wednesday that many traders perceived as an opportunity to score short-term gains. Author: Krypto Gears kryptogears.com The chart pattern, known as Golden Cross, typically appears when a short-term moving average jumps above the longer-term moving average. Many technical analysts use the crossover as a sign to place new bullish positions. That allows the underlying asset’s price to move upward. But that was not the case with XRP. The third-largest cryptocurrency fell below both its crucial moving averages right...

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