Ethereum Price Technical Analysis – ETH/USD Downside Thrust and Reversal

Key Highlights ETH price made a sharp downside move and broke the $458 and $420 support levels against the US Dollar. There was a break below a major bullish trend line with support at $462 on the hourly chart of ETH/USD (data feed via SimpleFX). The p…

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Ethereum Price Technical Analysis – ETH/USD Downside Thrust and Reversal

Key Highlights ETH price made a sharp downside move and broke the $458 and $420 support levels against the US Dollar. There was a break below a major bullish trend line with support at $462 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair started recovering after trading as low as $398.04 … Continue reading Ethereum Price Technical Analysis – ETH/USD Downside Thrust and Reversal

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Libra Launches Enterprise Grade Tax and Accounting App ‘Crypto Office’

Libra Launches Enterprise Grade Tax and Accounting App 'Crypto Office'As the cryptocurrency economy’s market capitalization surpasses $320Bn, lots of digital asset proponents are trying to figure out ways to write off capital gains and stay tax compliant. This week the cryptocurrency and blockchain accounting firm, Libra, has launched a new compliance application for market makers and exchanges. Additionally, the company raised $7.8Mn in a […]

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Bitcoin Cash Price Technical Analysis – BCH/USD Upsides Capped

Key Points Bitcoin cash price declined further and moved below the $1450 support area against the US Dollar. There is a new connecting bearish trend line forming with resistance near $1475 on the hourly chart of BCH/USD (data feed from Kraken). The pri…

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Bitcoin Cash Price Technical Analysis – BCH/USD Upsides Capped

Key Points Bitcoin cash price declined further and moved below the $1450 support area against the US Dollar. There is a new connecting bearish trend line forming with resistance near $1475 on the hourly chart of BCH/USD (data feed from Kraken). The price might correct a few points in the near term, but upsides are … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Upsides Capped

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LTCUSD Technical Analysis for 11/30/2017 – Channel Resistance Holding

LTCUSD has staged a climb strong enough to make it all the way up to the long-term channel resistance around […]
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