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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

Australia’s Consumer Watchdog Received 1289 Crypto Complaints in 2017

Regulation The Australian Competition & Consumer Commission (ACCC) has revealed that it received more than 1,200 complaints relating to cryptocurrencies via its ‘Scamwatch’ portal during 2017. In light of the number of complaints, the Australian Securities and Investments Commission (ASIC) has issued a warning to potential investors outlining

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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

Bug at Japanese Government-Approved Zaif Exchange Let Users Get Free Bitcoin

Markets and Prices Have you ever dreamed about buying bitcoin for only $1,000, $100 or even just $10? What about a round at $0? Some fast and sharp eyed customers of the Japanese exchange Zaif had this opportunity just last week thanks to a bug in the system. The company isn’t going to let them get away with it however. Also Read: 66% of Funding to

Stablecoin Done Right for Traders Miners and Merchants

The crypto world needs a stablecoin it can trust. In case you are new to this game, let’s explain that a little further. No, we’re not talking about making Bitcoin, Ethereum et al less volatile. That’s something that will likely come with age. Instead, we are talking about solving a problem that confronts all crypto traders – where to hide when the going gets tough?The market is falling pr

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

Ethereum Price Technical Analysis – Can ETH/USD Recover Further?

Key HighlightsETH price declined further and traded as low as $806 against the US Dollar before starting a recovery.There is a major bearish trend line forming with resistance at $850 on the hourly chart of ETH/USD (data feed via SimpleFX).The pair is currently correcting higher, but it is facing many resistances such as $850 and $875.Ethereum price fell sharply against the US Dollar and Bitcoin.

Bitcoin Cash Price Technical Analysis – BCH/USD Correcting Higher

Key PointsBitcoin cash price declined further and traded towards the $1,250 support against the US Dollar.There is a new bearish trend line forming with resistance at $1,320 on the hourly chart of BCH/USD (data feed from SimpleFX).The pair is currently correcting higher, but it could face sellers near the $1,320 and $1,350 levels.Bitcoin cash price faced an increased selling pressure against the U

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