IOTA: Price Analysis, July 23

IOTA: Price Analysis, July 23

IOTA/USD IOTA has been trading in a tight range for the past two days, close to the critical support at $0.9150. The IOTA/USD pair has formed a small bearish descending triangle pattern that will complete on a breakdown of $0.9150. This will give a pattern target of $0.5721. Therefore, we suggest to stop losses on the existing long position if […]

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EOS: Price Analysis, July 23

EOS: Price Analysis, July 23

EOS/USD EOS has been consolidating between $6.8926 and $9.4456 for the past month. Currently, the price is close to the 20-day EMA, which has flattened out. The EOS/USD pair will begin moving upwards after it breaks out of the overhead resistance at $9.4456. The pattern target of such a breakout is $12. If the bears force a breakdown […]

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Ripple: Price Analysis, July 23

Ripple: Price Analysis, July 23

XRP/USD The buyers are still not back in Ripple as it is struggling to bounce off the $0.42420 line. It is facing resistance at the 20-day EMA. The XRP/USD pair is currently consolidating in a broad range of $0.42420 – $0.51978. A breakdown of the support can sink it to $0.33. The only minor positive is that the RSI […]

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NEM [XEM] on its way to unlock advanced blockchain applications, says VP

NEM [XEM] on its way to unlock advanced blockchain applications, says VP

In the recently concluded Blockchain Forum 2018, Jeff McDonald, the Vice President of NEM Foundation gave some insights about blockchain technology, NEM’s smart contracts and the future applications of cryptocurrencies. He spoke about the NEM blockchain being integrated into the WeChat application, a first for blockchain technology anywhere. WeChat is a message platform that caters […]

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Binance listing announcement: Holo [HOT] jumps by 56.77%

Binance listing announcement: Holo [HOT] jumps by 56.77%

On 23rd July, Binance made an announcement on their official Twitter handle and website that they would list Holo [HOT] on their exchange platform on 24th July. Holo [HOT] is a decentralized hosting platform that serves mainstream users with absolutely functional decentralized applications. A week prior to Binance’s listing, HOT was trading at $0.000390 to a […]

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Trade Recommendation: NEO

Trade Recommendation: NEO

The NEO/Bitcoin (NEO/BTC) pair started its downtrend on March 3, 2018 when it breached support of 0.011. This triggered the head and shoulders reversal pattern on the daily chart. As a result, NEO/BTC plummeted. Nevertheless, it appears that the pair is establishing a bottom. Technical analysis show that NEO/Bitcoin is bottoming out at around 0.0043 […]

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