The Latest reports about cryptocurrencies, blockchain and FinTech from Coinspeaker’s staff writers and our partners.
American tech-company Ripple reported more than a double increase in revenue collected from XPR tokens sales, thus shattering the crypto-community to their ground.
Stellar price may break the demand level of $0.23, the downtrend movement will be experienced and it will be exposed to the demand level of $0.20
In case the distribution territory of $111 hold and the bears increase their pressure, the accumulation territory of $97 will be broken and Monero will resume downtrend movement.
In case the support level of $0.022 hold, the Tron price will bounce to the north and the trader should seek the opportunity to set up a long trade
Before EOS can return to its uptrend movement, the bulls will have to increase their momentum, push the EOS price above the resistance level of $6.3 and sustain it.
In case the demand zone of $0.075 holds, the price will bounce to the north and break the strong supply zone of $0.080, Cardano price will resume its uptrend movement towards the supply zone of $0.088.
In case the bulls increase their momentum and sustain it, there is a possibility that the pair would head towards the north with very strong momentum.
In case the distribution level of $111 is broken up, the pair will resume its uptrend movement and upper distribution territory of $119 will be exposed.
In case bears increase their momentum there is a probability that the price will experience downtrend movement below the support level of $0.025.
CipherTrace estimated that hackers stole $927 million from the cryptocurrency exchanges during 2018. By the end of the year this number is expected to hit $1 bilion.
The price broke the demand level of $0.24 and the downtrend movement was experienced and this exposed it to another demand level of $0.21.
There is a probability for the downward movement this week; traders should follow the trend patiently.
There is a probability for a breakout of the price from the resistance level of $0.028 in case the bulls increase their momentum.
The price is seen along a horizontal path on the 10-day EMA and the 50-day EMA, confirming the consolidation. Traders should trade cautiously within the range adopting best range strategy to take a small profit.
The price has formed a “symmetrical triangle” pattern on the 4-Hour chart. It is currently below the 4-day EMA which has crossed the 50-day EMA downward below the supply zone of $0.08 inside the symmetrical triangle. The bullish breakout from the symmetrical triangle is imminent.