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Topics - MRM

Pages: 1 ... 51 52 [53]
781
Ethereum News & Updates / Ethereum Rebounds and Sustains Above $260, Targets Last Resistance at $286
« on: July 25, 2020, 08:39:48 PM »
Ethereum bulls have made a tremendous move as price broke the $240 resistance and rebounded above $245 support. The biggest altcoin has risen to a high of $270 but made a pullback.

The recent bounce has breached the previous overhead resistance at $253. The bulls have to battle the last resistance at $286. ETH is currently trading at $265 at the time of writing. The current resistance at $265 is the previous price level in February.
Source: https://coinidol.com/ethereum-targets-resistance/

782
Bitcoin News & Updates / Bitcoin Rallies above $9,500, Builds Strength on Market Surge
« on: July 25, 2020, 08:30:13 PM »
Updated: The king coin rebounded twice after days of tight consolidation. BTC price was earlier narrowed between $9,100 and $9,200 as price consolidation reached its peak level.

Yesterday, July 22, the coin rebounded as the price reached a high of $9,642. In recent times, the $9,200 support has been holding for the upside range trading. Nevertheless, the recent rebound has reached the overbought region of the market. There is a likelihood of price retracement as the coin reached the overbought region of the market.
Read More: https://coinidol.com/bitcoin-bounces-faces-rejection/

783
TRON (TRX) Forum + Ecosystem / TRON uptrend is intact. The price is making a series of higher highs and higher
« on: July 25, 2020, 08:17:13 PM »
TRON uptrend is intact. The price is making a series of higher highs and higher lows. TRX has traded comfortably in the ascending channel.

A break below the support line of the ascending channel will have a consequential effect. The recent higher highs reached a high of $0.019. TRON resumed a downward move after buyers attempted to retest the recent high.
Source: https://coinidol.com/tron-continues-surge/

784
Cryptocurrency Price Speculations / EOS Rebounds and Consolidates Above $2.40, Faces Rejection at $2.50
« on: July 25, 2020, 08:07:48 PM »
Since April, buyers have been attempting to break the overhead resistance at $3.10. The coin has suffered several breakdowns before reaching the recent high of $2.70.

Surprisingly, EOS rebounded on June 27 and continued to rally up till July 9. In other words, there was a strong bounce above $2.20 as price reached a high of $2.40.
Source: https://coinidol.com/eos-faces-rejection/

785
Bitcoin News & Updates / Bitcoin Isn’t the King of the Darknet Anymore, BTC Transactions Has Dropped
« on: July 25, 2020, 07:52:33 PM »
The Bitcoin transactions on the darknet has decreased dramatically in 2020 compared to other years.

One would expect that since the price of Bitcoin (BTC) has been rallying and its adoption has grown globally in this year due to some factors such as Covid-19 pandemic, the original cryptocurrency would be the one mostly used to carry out payments, but this is not the case.
Source: https://coinidol.com/bitcoin-transactions-dropped/

786
Ethereum News & Updates / Ethereum Consolidates, Holding Previous Market Structures
« on: July 25, 2020, 07:47:30 PM »
Ethereum's recent fall was a general breakdown in the cryptocurrency market. The bears broke below the price range of $236 and $244. The coin fell to $228 low as the price corrected above $232 high.

Presently, the market is consolidating above $232 support but the price action is indicating a bullish signal. When price breaks below the EMAs, a downward move is expected. A downward move to $224 support will ignite the price action of July 5.
Source: https://coinidol.com/ethereum-holding-structures/

787
Ripple News & Updates / Ripple Retracement Stable, Larger Move Likely
« on: July 25, 2020, 07:43:57 PM »
Ripple is making positive moves after its recent rebound above the $0.19 support. The coin rebounded twice to reach the $0.207 high.

The upward move was not strong enough to break the $0.21 resistance. Besides, the coin reached the overbought region of the market. The recent retracement of the coin was the handiwork of sellers who pushed prices down from the overbought region.
Source: https://coinidol.com/ripple-retracement-stable/

788
Blockchain Technology / Microsoft to Take Part in Developing Corporate Blockchain in Russia
« on: July 25, 2020, 07:39:34 PM »
Global tech giant Microsoft is going to contribute to the development of a Russian corporate blockchain. The company’s representative office in the country signed a memorandum with a blockchain startup to enhance the technology development in the country.

Owing to the memorandum, the startup called Waves Enterprise will gain access to the Microsoft Azure Marketplace, which would allow for development and adoption of new corporate solutions. Such cooperation would facilitate the implementation of the best international practices to generate an entirely new service model for corporations.
Source: https://coinidol.com/microsoft-developing-corporate-blockchain/

789
Blockchain Technology / Elections During COVID-19: Is it the Time for Blockchain Voting to Shine?
« on: July 25, 2020, 07:34:53 PM »
As countries brace for elections in the time of COVID-19, they are wondering how possible this can happen while social distancing measures prevail. Blockchain and distributed ledger technology (DLT) seems to provide a good option for organizing and conducting free and fair elections during this time of emergency.
Source: https://coinidol.com/blockchain-voting-shine/

790
Litecoin News & Updates / Litecoin in Jeopardy as Bears Attempt to Push Back Price to $39 Low
« on: July 25, 2020, 07:31:56 PM »
On July 5, Litecoin rebounded twice as price rallied to $46 high. Ironically, yesterday the coin had the second breakdown as price dropped to $41 price level. In other words, the bullish run of Litecoin has been erased by the bearish run.

The coin has fallen to $41 and made an upward correction. The upward move is marginal as the crypto resumes consolidation above $42 price level. Incidentally, the current support was where the coin had earlier rebounded to reach the $46.
Source: https://coinidol.com/litecoin-price-low/

791
Stellar Forum / Stellar Uptrend Is Viable Despite Reaching the Overbought Region at $0.105
« on: July 25, 2020, 07:27:11 PM »
Stellar is making an impressive bullish run in July. The bulls have broken the previous overhead resistance at $0.095. Buyers tested the resistance on several occasions to break it.

Each time the resistance at $0.095 is retested the price will fall to $0.085 or $0.090 low. Yesterday, the bulls broke the overhead resistance as the coin rebounded to a new high of $0.105.
Source: https://coinidol.com/stellar-uptrend-viable/

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