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Cardano’s price continues to fall after double top formation in July as sellers retain upper hand

Cardano [ADA] was trading at $0.0394, at press time, with a 3.91% gain over the 24-hour period. The 12th ranked altcoin by market cap needs to break through a resistance of $0.0502 to see a price breakout, while the support stood at $0.0352. Weekly Price Chart Source: TradingView Looking at ADA’s weekly price chart, the...
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Tron tries hard to recover after a downward breakout from ascending channel; but bears have an upper hand

Tron like many other altcoins fell sharply on 24th September, taking its prices from $0.0163 to $0.0113, since then the altcoin is trying to break key resistance at $0.016. At press time TRX was trading at $0.0136 with an uprise of 2.87% on the 24-hour price chart. 1-Day Price Chart Source: TradingView On the 1-day...
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Cardano seeing high bearish sentiment as selling pressure on investors climbs

The cryptocurrency market has been on a recovery mode ever since the drastic price fall on 24 September, a price fall which saw most of the coins bleed by double digits. Cardano’s [ADA] price fell from $0.046 on 24 September to $0.0351 on 26 September and since then, the altcoin has been looking to break...
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Ethereum will continue to rise despite recent bear attacks

Ethereum has seen an increasing value for ETH since it hit its all-time low of $80 back in December last year. However, after testing the $319 resistance back in June, its value has been steadily falling since then, with a current value of around $170. Source: TradingView The weekly chart shows the price trend following...
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Binance Coin to retest 2+ year-old support; drop below could result in catastrophic fall in prices

Binance Coin is very close to testing a support that has been valid for over 700 days now, and falling below this could highlight a drastic drop in BNB’s price for the near future. The Support Source: TradingView The support was a major factor during the bull run of 2017. Back in 2019, the support...
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XRP’s bullish fakeout leads to more bearish intrusion

The volatile crypto-market saw the price of XRP suffering for five consecutive days, even though this fall was expected much sooner. After slipping however, XRP returned to its comfortable price of $0.2407 at press time, with a market cap of $10.46 billion. The short-term chart for XRP reflected it breaching an imminent bearish pattern, which...
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Ripple acquires Logos Network; plans to develop Internet of Value though DeFi products

Ripple has been taking great strides to promote XRP’s adoption and it has now, taken its first step towards embracing Decentralized Finance [DeFi] with its acquisition of the Logos Network. Ripple’s investment arm, Xpring, will deploy nine engineers to build DeFi products based on XRP. Ethan Beard, Senior Vice President of Xpring, announced the news...
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Litecoin Hic-Cups out of the handle; now holding on to a delicate wedge

Litecoin, on the price charts, is in a disastrous position. But, this wasn’t always the case. In fact, the digital silver was one of the most bullish coins in 2019. Giving Binance Coin, which marked its debut in the top-10 this year, a run for its money, Litecoin saw an over 300 percent price gain...
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Bitcoin Cash to witness some bulls in the horizon after a prolonged bear run

Bitcoin Cash, the fork from the mother chain [BTC], seems to have fumbled along its way, but it is still holding up quite nicely when compared to its fork, Bitcoin SV. BCH is currently the fifth-largest cryptocurrency in the world with a market cap of $4 billion. Descending Channel The short-term prospects for Bitcoin Cash...
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Cardano prepares for a price breakout in the short term as charts reveal formation of an ascending triangle

The crypto-market is on a consolidating spree after a massive fall on Wednesday, wherein most of the altcoins were in the red and saw a double-digits decline. Cardano [ADA], currently ranked 12th on CoinMarketcap, was trading at $0.039 at press time, recording a rise of 4.24% over the last 24 hours. 1-Hour Price Chart Source:...
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Litecoin trapped in a descent with yet another price breakdown looming

The woes seem to be piling on for Litecoin. Less than two months have passed since the sixth largest cryptocurrency in the market went through its halving, and the price has since undergone its own halving. Priced at $102 on the eve of the August halving, the coin is close to reaching half that value....
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