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XMR Faces a Slight Bearish Divergence, Yet Expected to Rebound

27.1.2020
Monero, at the time of writing, was trading at $63.75, having experienced a falling wedge breakout The current price of XMR is approaching the daily support at $56.29, i.e., 100-day Moving Average and is surrounded by daily 10-day Moving Average at $64.07 Currently, trades slightly below $38.20%...

Verge (XVG) Shows Positive Signs; Subtle Price Recovery Starts

27.1.2020
Verge holds a mild bullish sentiment after it had a dip at $0.0034 The XVG coin has been forming lower high pattern since mid-January The coin is heading towards a volatile phase indicating a probable price recovery Technical indicators hold a bullish bias while the 2-day chart also exhibits...

TRON Faces Rejection, Although Trades Moderately Bullish

27.1.2020
TRON faces rejection above $0.0182 as it falls in $0.016 trading zone after oscillating midways The relaxing slide that the coin is facing has immediate support awaiting at $0.0162 i.e., the 100-day daily MA TRX against USD breaches through the selling pressure as it had hit a fresh 30-day high...

Stellar Tests Support Levels to Initiate a Robust Price Recovery

25.1.2020
Stellar price has tested support levels at $0.055 twice today; here, the bearish trendline has been stalled The XLM coin is still below the 38.20% Fib level The one-month chart of Stellar exhibits a surge of 48.47%; the downward correction needs a decent support level to stop the same The coin...

Bitcoin Projects a Trend Revision as it Trades Around $8.3k

25.1.2020
Bitcoin, at the time of writing this analysis, was trading at $8,302.80 on Coinbase The current trading price loses short and long-term support from the daily moving averages The BTC/USD price trend fall below 61.80% Fib Retracement Level as it approaches to form the right shoulder around...

XRP is All Set to Ride the First Bull-run of 2020

25.1.2020
XRP’s bullish trendline has been breached once after it started correcting down in its 1-month chart; faced rejection above $0.2483 The leading altcoin has recently formed a support level at $0.2140; recovery faces hurdles above its 200-day moving average line ($0.2247) XRP has kick-started 2020...

Cardano Rebounds to $0.043 After Testing Support at $0.041

25.1.2020
Cardano (ADA), at the time of writing, was trading at $0.043741 on Kraken. The coin has exhibited an intraday rebound after hitting the low at $0.0411. This positive intraday move helped the ADA coin to gain medium-term support from the 50-day MA, followed by the short-term support from 10-day...

Verge Comes Under the Bearish Radar as it Corrects Downwards

25.1.2020
Verge (XVG), at the time of writing this article, was trading at $0.00347 on Binance. The coin has lost support from the imminent daily moving averages after soaring above $0.0040 at $0.00415. XVG/USD is expected to face moderate volatility in the upcoming days. The coin is facing strict rejection...

How to Obscure Bitcoin Cash Transaction Data by Leveraging Cashfusion

24.1.2020
Bitcoin Cash developers recently released the alpha software for Cashfusion, a privacy-preserving feature added to the Electron Cash wallet. During the last week, crypto proponents and developers have been testing the protocol regularly in order to find issues and provide the Cashfusion team with...

Bitcoin Breaks the Bull Session as it Tests Support at $8,200

24.1.2020
Bitcoin (BTC), at the time of writing, was trading at $8,261.99 on Coinbase The coin has been giving consecutive highs and took a leap above $9,000 after a persistent trade above $8,000 The current price is not supported by any of the daily MAs at present Lacks pace to have a constant trade above...

XRP Faces Correction as It Falls to Test Support at $0.21

24.1.2020
XRP, at the time of writing this analysis, was trading at $0.219 on Coinbase The coin is currently correcting downwards as it approaches 38.20% Fib Retracement Level around the trading price area of $0.21 The current movement of the coin breaks the uptrend that is forming as there happens to be...

Dogecoin Retests Support at $0.0022 and Falls Under Selling Pressure

24.1.2020
Dogecoin (DOGE), at the time of writing this analysis, was trading at $0.00223 Just when Bitcoin price rose temporarily above $9,000, DOGE price had also hit a fresh 30-day high at $0.00258 DOGE’s current trading price gains support from the 200-day MA as it is retesting support around $0.0022...

Bitcoin (BTC) Exhibits Stability; Holds the Value around $8700

22.1.2020
Bitcoin seems to have retained the moderate bullish trend It may soon touch $8819 as its next resistance with a moderate volatility Bitcoin has maintained its price near $8700 mark from yesterday. Though it has been through a few ups and downs, there has been a 0.90% increment in the value in this...

UK Tax Agency to Pay $100K for Blockchain Surveillance Software

21.1.2020
On January 17, the UK tax agency Her Majesty’s Revenue and Customs (HMRC) published a job opportunity for a private contractor to design a cryptocurrency blockchain analysis tool. According to the listing, the contract is for one year and HMRC will pay the contractor $100,000 for software...

Cardano (ADA) Initiates Price Recovery with a 4.43% Gain Overnight

21.1.2020
Cardano managed to recover from yesterday’s slump in a day-long movement It may soon cross its strong resistance area of $0.0457 After a series of price corrections, the ADA coin finally seems to have forwarded towards a stable upside movement. Over the last 24 hours, Cardano has managed a price...

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