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Bitcoin Cash Price Technical Analysis – BCH/USD Breaks $1,200

Key PointsBitcoin cash price did not correct higher and declined below the $1,200 support against the US Dollar.There are two bearish trend lines forming with resistance at $1,250 and $1,280 on the hourly chart of BCH/USD (data feed from SimpleFX).The pair may decline more in the near term and it could even break the $1,100 support level.Bitcoin cash price declined further below $1,200 against the

Bitcoin Price Technical Analysis for 02/23/2018 – Short-Term Reversal Signal

Bitcoin Price Key HighlightsBitcoin price recently formed a head and shoulders pattern on its 1-hour chart.Price has broken below the neckline to show that a downtrend is underway.The chart pattern spans more than $1,000 in height so the resulting selloff could be of the same size.Bitcoin price broke below a short-term head and shoulders pattern to signal that more losses are in the cards.Technica


Learning Automated Crypto Trading Strategy: 4 Steps to Earning

In February, Cryptense, a full-stack Blockchain company, introduced a new decentralized platform for creating and executing cryptocurrency trading strategies automatically: Kryll.io. The company has also came up with an explainer on how you can earn big using its solution.Drag ‘n’ drop strategy blocksThe first step to earning online with Kryll platform is to create a strategy depending on


Friend or Foe: Inside Poland’s Strange War on Cryptocurrencies

On the list of anti-cryptocurrency countries, Poland has never really stuck out. In fact, there has been enough evidence to suggest that the Eastern European country was moving towards embracing Bitcoin and Blockchain technology.However, a recently uncovered smear campaign by the NBP (National Polish Bank, or Central Bank) has thrown that all out of alignment. The NBP has admitted to paying a numb


Robinhood’s Zero-Fee Bitcoin, Ethereum Trading Is Live In Five US States

The Robinhood mobile trading app launched zero-fee Bitcoin (BTC) and Ethereum (ETH) trading for the first batch of the users of its Robinhood Crypto platform on Thursday, Feb. 22, as announced on the company’s blog.The first users to get access to the commission-free platform are customers residing in the US states California, Massachusetts, Missouri, Montana, and New Hampshire. Robinhood noted


Government of Spain Considers Blockchain-Friendly Regulations

The government of Spain is preparing blockchain-friendly legislation including possible tax breaks to attract companies in the emerging blockchain technology sector, Bloomberg Politics reports.“We hope to get the legislation ready this year,” said MP Teodoro Garcia Egea, who is preparing a comprehensive cryptocurrency-related bill. “We want to set up Europe’s safest framework to invest in


Petro: Stable Coin for Crypto Economy or Illegal Oil Futures?

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.Starting in late 2017 Venezuela’s President Nikolas Maduro began expanding heavily into media space in an attempt to promote a new payment instrument–

Ethereum Classic Price Technical Analysis – Can ETC/USD Reclaim $36?

Key HighlightsEthereum classic price declined sharply after trading above the $42.00 level against the US dollar.There is a major bearish trend line forming with resistance at $35.20 on the hourly chart of the ETC/USD pair (Data feed via SimpleFX).The pair is currently correcting higher, but it has to move above $36.00 to gain upside momentum.Ethereum classic price declined this week from highs ag

Ripple Price Technical Analysis – XRP/USD is Facing Uphill Task

Key HighlightsRipple price declined below the $0.9500 support area yesterday against the US dollar.There are two important bearish trend lines forming with resistance at $0.9400 and $1.00 on the hourly chart of the XRP/USD pair (data source from SimpleFx).The pair is currently correcting higher, but it is likely to face a lot of sellers on the upside near 0.9500.Ripple price declined further durin

Altcoin Analysis: NEO, EOS, LTC, IOT and Lumens

There is a broad base correction back as we are seeing in pairs as NEO, EOS, LTC and even Lumens.DASH remains resilient but there is room for downside especially if we see any depreciation below $620.Selling looks like a very short term bet as we anticipate correction back towards break out levels. By doing so, prices would be completing the retest phase which is so common after any form of break