February 5, 2018 — daily Cardano price analysis. Key Highlights: Cardano (ADA) price recovered recently, but it failed to stay above $0.4500 There is a new major declining trend forming with resistance at $0.3380 on the hourly chart A major support level is established near the $0.3033 level Cardano Price Resistance The ADA price against the U.S.…
Global energy giant Enel has sharply announced that it has “no interest whatsoever” in supplying energy to cryptocurrency mining operations, say Reuters. The decision comes after a brief period of research in which the Italian company was in talks to supply Swiss mining firm Envion AG with power from renewable sources. According to a Bloomberg…
Key Highlights: Ripple (XRP) struggled to move above the $0.9500 resistance level There is a bearish trend line forming a new resistance level of $0.7200 XRP is also holding a key support level of $0.6600 at the moment Ripple — New Resistance & Support Levels XRP recently recovered against its low of $0.6041, now trading…
Cryptocurrency panic selling is happening more than ever these past few weeks. The slew of adverse reports for the crypto markets created a broader selloff in prices. Analysts’ fears over the price manipulation were vindicated following the Tether and Bitfinex related controversy. Moreover, regulators all around the globe are stepping up to regulate cryptocurrency trading.…
China cryptocurrency ban has wreaked havoc on the market! This weekend the cryptocurrency market began to rebound after it had a rough couple of days. However, that day of green is far gone as China has added more to its country-wide firewall. The South China Morning Post reported this morning that the country has officially blocked all…
ETH Highlights: A new resistance level has emerged from today’s price action ETH price fell to a new low of $695.95 at the time of writing A bearish trend has been established, breaking the $880 support established last week Previously, we’ve established a support level of $880, which was obviously broken down as ETH began…
Image Source: MMORPG.com It’s doom and gloom on the cryptocurrency market today as Bitcoin (BTC) and its peers have suffered sharper price plunges than ever. But it isn’t dissuading the United Nation’s Children’s Fund (UNICEF) from launching a new drive – cleverly-named Game Chaingers – which will see PC gamers mine for charity and donate their…
The cryptocurrency market has been taking a beating today, and the reasons for this have begun piling up. Late last week, J.P. Morgan Chase (NYSE:JPM), Citigroup (NYSE:C), and Bank of America (NYSE:BAC) announced they would be banning the buying of cryptocurrency using their credit cards. However, there have been hidden Visa and Mastercard fees introduced,…
Medicalchain is storming the healthcare space with its revolutionary blockchain technology. Essentially, the project is a blockchain that is specifically made for health records. Each patient is provided a copy of their entire medical history and can give access to any healthcare provider, instantly. Medicalchain’s CEO, Abdullah Albeyatti, is set to take the healthcare industry by storm.…
XPlay (XPA) is the only coin making a surge on the market today, as China continues their crackdown on cryptocurrencies. Bitcoin has reached just under the $8,000 mark, which is the first time since November of 2017. This morning the entire cryptocurrency total market cap is sitting just under $350 billion, slowly bleeding. Source: CoinMarketCap Currently,…
