XRP Price Could Reclaim $0.25 Based on the 3 Day Chart

XRP Price Could Reclaim $0.25 Based on the 3 Day Chart

Quick take: XRP’s price briefly tested $0.20 as a result of the crypto market resurgence. If this momentum is maintained, it could reclaim $0.25 and turn it into support based on the 3 Day XRP/USD chart. However, gains exhibited by all cryptocurrencies might still be vulnerable to the global effects of the Coronavirus. The majority of seasoned cryptocurrency traders use the macro time-frames of any digital asset chart to determine the general trend without being…

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2 Reasons Why Ethereum (ETH) Could Reclaim $200

2 Reasons Why Ethereum (ETH) Could Reclaim $200

In brief: Bitcoin has led a resurgence in the crypto market and looks set to erase all losses experienced in mid-March. With BTC currently experiencing sideways movement, Ethereum could experience a second wave up. The Eth 2.0 upgrade of Serenity, is scheduled for July 2020. There is a general sense of optimism in the cryptocurrency markets that has been brought about by a resurgence of Bitcoin. The King of Crypto has broken the $6,900 resistance…

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Can Binance Coin (BNB) Overcome its Next Price Resistance at $15.50?

Can Binance Coin (BNB) Overcome its Next Price Resistance at $15.50?

Key takeaways: In a previous BNB/USDT analysis, Ethereum World News had postulated that the coin would retest $14.  Traders and investors had been advised to keep an eye out for any bullish news that might propel BNB further.  Coincidentally, the exchange acquired Coinmarketcap soon after.  The coin has a short term resistance at $15.50. Will it break this area and continue on its upward trajectory? The news of Binance acquiring Coinmarketcap (CMC) was evidently bullish…

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With Poloniex LaunchBase, Can Tron’s (TRX) Price Mimic BNB’s In 2019?

With Poloniex LaunchBase, Can Tron’s (TRX) Price Mimic BNB’s In 2019?

Quick take: Poloniex recently launched LaunchBase, its homegrown IEO platform. Tron (TRX) is the sole digital asset approved for investment on LaunchBase. Could TRX experience a run in the markets similar to BNB’s in 2019 when Binance Launchpad was launched? On the 5th of April, the crypto exchange of Poloniex announced that it had a new investment platform for its users known as LaunchBase. This is the exchange’s homegrown Initial Exchange Offering platform where up…

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Bitcoin (BTC) Reclaims $7,000 as Global Efforts Against the Coronavirus Start to Bear Fruit

Bitcoin (BTC) Reclaims $7,000 as Global Efforts Against the Coronavirus Start to Bear Fruit

In brief: Bitcoin (BTC) has this morning reclaimed the $7,000 value once again.  Its movement is amidst global reports of some countries winning the war against the Coronavirus.  With halving only days away, Bitcoin might continue with its upward trajectory.  In our Saturday analysis of Bitcoin, Ethereum World News had advised a ‘wait and see’ approach with respect to the price action of BTC. This was due to the fact that the 50 and 100…

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