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analysis, iota, Price, Trading, usd -

IOTA broke down from a symmetrical triangle chart formation to signal that bearish pressure is picking up. The chart pattern spans 1.2000 to 2.6000 so the resulting selloff could be of the same height. The 100 SMA is above the longer-term 200 SMA to signal that the path of least resistance is to the upside. However, the gap is pretty narrow so a downward crossover could still ensue and draw more sellers in. Sponsored Stochastic is on the move down to show that selling pressure is present. RSI is also heading south but is dipping into oversold levels to indicate...

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bitcoin, crypto, iota, market, monero, price, recover, recovery, update, xmr -

The segment is showing clear signs of resilience, as bears cannot find footing in the market despite the brief selloffs. The majors turned yesterday after the US close as the SEC launched a probe into ICO’s, but the coins remained stable, with no major support levels falling durably amid the move.   Sponsored The continued risk-off moves in traditional assets could also have weighed on cryptocurrencies, but for now, the weakness didn’t spill over to the segment again, and that is another positive sign for bulls. BTC/USD, 4-Hour Chart Analysis Bitcoin was still in the center of attention, providing the...

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analysis, bitcoin, btc, bullish, dash, etc, eth, ethereum, ethereum classic, iota, lite, litecoin, monero, neo, rally, ripple, technical, usdt, xmr, xrp -

As the correction in the cryptocurrency segment lost momentum during the weekend, several major coins started to show signs of accumulation, and today, a broad rally carried most of the top currencies well above the correction lows. While the sector is still not out of the woods, today’s advance confirmed the positive signs that we have been monitoring throughout the pullback. For now, there are still strong resistance zones ahead of the top coins and the broad declining trend is still intact in Bitcoin, Ethereum, Ripple, and most of the smaller altcoins as well. That said, we remain bullish regarding the...

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altcoin, analysis, bitcoin, btc, dash, etc, eth, iota, ltc, neo, technical, xmr, xrp -

The day that kicked off in a bullish fashion for cryptocurrencies turned slightly negative for the majority of the coins in the second half of the session, as US stock markets re-opened after the long weekend. Bitcoin, Ethereum Classic, and Litecoin were the early leaders of the segment, but only the most valuable coin stayed bullish throughout the session, as both LTC and ETC ran into resistance in the second half of the day. BTC, which was boosted by the positive news regarding the Bitcoin Core Wallet’s SegWit introduction, topped $11,700 for the first time in more than a month, and...

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10000, analysis, bitcoin, bullish, bullrun, crypto, cryptocurrency, dash, etc, eth, ethereum, iota, litecoin, ltc, neo, ripple, technical, top, tops, xrp -

The cryptocurrency market continued to heal considerably, as the major coins keep on successfully tackling resistance levels following a very deep sell-off that shaved off more than 60% of the market value of the segment. The sector is now back near the $500 billion mark in market capitalization, but investors shouldn’t get complacent here, as corrections will come along the rally, and the dominant downtrend is intact in most cases, with BTC being no exception. With that in mind, today might not be the best time to open new positions, even as BTC could still get to the next resistance level...

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