Why Investors Should Keep an Eye on Zilliqa (ZIL)

Why Investors Should Keep an Eye on Zilliqa (ZIL)

Zilliqa (ZIL) launched in January of 2018 without much fanfare. The token’s immediate arrival in the market cap top one-hundred was sudden, yet also somewhat subtle given the team’s focus on tech and consequent neglect of marketing. Led by former University of Singapore senior research fellow, Xinshu Dong, Zilliqa advertises itself as a high throughput, […]

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Trade Recommendation: Litecoin

Trade Recommendation: Litecoin

The Litecoin/Bitcoin (LTC/BTC) pair has been in a downtrend since February 28, 2018 when it breached support of 0.02 support. This triggered the double top pattern on the daily chart. From that point, the pair has been generating a series of lower highs and lower lows within a descending channel. Four months into the downtrend, […]

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Trade Recommendation: Bitcoin Cash

Trade Recommendation: Bitcoin Cash

From a long-term perspective, the Bitcoin Cash/Bitcoin (BCH/BTC) pair has been in sideways consolidation. It has been trading in a wide range between 0.25 and 0.05 since August 2017. Traders who can identify key support and resistance levels within the range can spot profitable trading opportunities. As BCH/BTC continues to slide, it approaches a reliable […]

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Trade Recommendation: Ethereum

Trade Recommendation: Ethereum

The Ethereum/Bitcoin (ETH/BTC) pair looks bullish from a long-term perspective. However, it might take the pair a month or so before it can launch a bull run. The timing appears to be in line with Bitcoin’s expected correction after it hit major resistance of $9,600. So for now, we’ll just play the bounce. ETH/BTC is […]

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Trade Recommendation: Ontology

Trade Recommendation: Ontology

The Ontology/Bitcoin pair (ONT/BTC) has been bearish since June 22, 2018 when it took out support of 0.0009. This activated the double top reversal pattern on the daily chart. The breakout forced those who bought above the support to cut their losses. The market has been on a steep drop for more than a month. […]

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Trade Recommendation: Golem

Trade Recommendation: Golem

The Golem/Bitcoin pair (GNT/BTC) started its downtrend on May 31, 2018 when it confirmed resistance of 0.000086. This triggered the double top pattern on the daily chart. Those who bought near the resistance level had to cut their losses. This started a bear run that’s still bleeding the market up to this day. The good […]

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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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