Ripple (XRP) Update – SELL

Ripple (XRP) Update – SELL XRPUSD KRAKEN:XRPUSD CryptForecasts Ripple (XRP) has broken the trend line since we last posted the Chart. XRP has been forming Rising Wedge is a bearish pattern . Downside breach of Rising Wedge (“if at all”) will see the price target of .70 Watch out the…

BCH Short Term View

BCH Short Term View BCH / Dollar BITFINEX:BCHUSD CryptForecasts BCH has been forming rising wedge reversal pattern in intraday chart (1 hour). This can be turnout to be short reversal. The pattern can also some time act as a continuation. MACD is showing weakness in BCH. Keep an eye on…

Spain Mulls Tax Breaks for Blockchain and Crypto Firms

Proposals to introduce tax exemptions for companies using blockchain technologies and cryptocurrency have been put on the table in Spain. The ruling People’s Party is preparing new legislation that will also offer incentives to entrepreneurs raising funds through ICOs. If lawmakers adopt the amendments, investors will not be required to…

BTC is Running out of Breath !!!

BTC is Running out of Breath !!! Bitcoin / Tether USD POLONIEX:BTCUSDT CryptForecasts BTC             is arriving @ 12K level, which is a strong resistance area . Its running out of breath, look for selling at that level (depending on your spread). BTC             is expected to consolidate at that…

Nigerians Trade $4 Million in Bitcoin Weekly, despite Warnings

Nigerians are trading close to $4 million worth of bitcoin a week on 13 local exchanges, despite multiple warnings by authorities against investing in cryptocurrencies. Experts have called on the government to rethink its position and adopt smart regulations, “allowing innovation to move forward”. Regulators need to understand how it…

ADA

ADA Cardano / Ethereum BINANCE:ADAETH ssalman.uk ADA            

EUR/USD – Is the Rally Running Out of Steam?

Are We Looking at an Overcrowded Market? It’s difficult to find anyone at the moment that isn’t bullish on this pair in the long term and under the current circumstances, they may have a point. However, these markets don’t move in a straight line (even bitcoin as the last couple of…