March 12-13 was a good day for Electroneum (ETN) after 4.90% move up

Electroneum (ETN) had a good 24 hours as the cryptocurrency jumped $0.0002726654 or 4.90% trading at $0.00584283. According to Global Crypto …

Electroneum (ETN) had a good 24 hours as the cryptocurrency jumped $0.0002726654 or 4.90% trading at $0.00584283. According to Global Crypto Analysts, Electroneum (ETN) eyes $0.006427113 target on the road to $0.00997509648835077. ETN last traded at Kucoin exchange. It had high of $0.0059207344 and low of $0.0055701646 for March 12-13. The open was $0.0055701646.

Electroneum (ETN) is down -17.87% in the last 30 days from $0.007114 per coin. Its down -25.65% in the last 100 days since when traded at $0.007859 and the annual trend is down. 200 days ago ETN traded at $0.006007. ETN has 5.20 billion coins mined giving it $30.36M market cap. Electroneum maximum coins available are 21.00 billion. ETN uses algorithm and PoW proof type. It was started on 03/11/2017.

Electroneum is the first cryptocurrency that is designed around mobile ubiquity.

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Ethereum Classic Price Analysis: ETC Still Relatively Stably

During the summer, ETC price has mostly been trapped between $13 and $20, allowing those who wanted to buy Ethereum Classic coins to know …
Ethereum Classic

Last Updated on March 13, 2019

The crypto market is currently going through quite an eventful period, with the coins’ prices switching from surges and drops every other day. After seeing correction for several days, the market is once again trading in the green, at least when it comes to most coins.

This also includes Ethereum Classic (ETC), which is currently ranked as the 18th largest coin, with a market cap of $467 million. In the last 24 hours, ETC price has grown by 1.03%, and it sits at $4.30 at the time of writing. However, ETC is not a coin that often experiences large fluctuations, and it has been relatively stable in the last 12 months, at least when compared to other cryptocurrencies.

For example, after dropping in January 2018, ETC continued to gradually lose value until it reached one of its strongest supports, at $13. After that, it had another strong surge in May 2018, when it exceeded $24 on May 7th. However, after this bull run was over, ETC dropped back down, with the support at $13 once again softening its fall.

During the summer, ETC price has mostly been trapped between $13 and $20, allowing those who wanted to buy Ethereum Classic coins to know what to expect when it comes to its price. However, this did not last for much longer, and ETC broke this support in mid-August, dropping to the next big support at $10. Meanwhile, the support at $13 turned into a resistance level, acting as a new barrier that kept the coin’s price between these two levels for a while.

In September, ETC did not venture far from its $10 support, with the bears holding it close to this level, occasionally forcing it to break the support. This also finally happened in early October, and $10 started acting as a resistance. However, ETC once again managed to stay quite close to the barrier, trying to breach it time after time, until November 14th.

This was when the BCH hard fork occurred, and another market crash followed. ETC did not manage to resist it, and while some of its supports did soften the fall, the coin sank anyway.

Its drop finally ended on November 26th, and the coin seemingly found its bottom, right above the support at $4. However, it still managed to drop below this level on several occasions, although it never dropped particularly far down, and it always returned back up. This was its strongest support in the last five months, and it still holds it to this day.

Ethereum Classic ended the previous year with a small surge, one that allowed it to briefly breach the $5 resistance, although this was also only temporary.

Ethereum Classic mostly stable in 2019

In 2019, ETC has seen several sharp changes, followed by longer periods of stability. For example, the coin breached the $5 resistance on December 23rd, and it mostly stayed right above it, fluctuating between $5 and $5.40 for several weeks. Fluctuations were getting smaller over time, until the coin broke the resistance on January 10th.

Its drop was stopped by a smaller support level at $4.30, and ETC fluctuations became even smaller, allowing the coin to remain at this level from January 10th to January 27th. This was when the price dropped again, breaking the $4 support, although the coin’s price remained just below the mark until February 8th. On this day, it slightly surged, just enough to break the $4 resistance and turn it into support again.

Ethereum Classic Price Analysis - 1

There were barely any fluctuations until February 17th, when another surge allowed ETC to reach $4.60, and even $5.00 briefly, on February 24th. After that, the bears returned, bringing the coin’s price back down to the old minor support at $4.30. A few more minor bull runs and drops which occurred in March barely affected ETC at all, and the coin remained between $4.30 and $4.40, where it seems comfortable enough even now. It is likely that ETC will remain here, unless it gets pulled by a bull run or a large drop affecting the entire market, making it one of the most stable non-stable coins out there.

Zilliqa (ZIL) fell -2.85% during a day

It was bad day for Zilliqa (ZIL), as it declined by $-0.000498401799999999 or -2.85%, touching $0.0169839998. Global Cryptocoin Analysts believe …

It was bad day for Zilliqa (ZIL), as it declined by $-0.000498401799999999 or -2.85%, touching $0.0169839998. Global Cryptocoin Analysts believe that Zilliqa (ZIL) is looking for the $0.01868239978 goal. According to 7 analysts could reach $0.0265161603378072. The highest price was $0.0177124332 and lowest of $0.0167923068 for March 11-12. The open was $0.0174824016. It last traded at HitBTC exchange. Aproximately 482,145 ZIL worth $8,471 was traded.

For a month, Zilliqa (ZIL) tokens went down -3.39% from $0.01758 for coin. For 100 days ZIL is down -3.77% from $0.01765. It traded at $0.03858 200 days ago. Zilliqa (ZIL) has 12.60B coins mined with the market cap $214.00M. It has 12.60 billion coins in circulation. It was founded on 06/11/2017. The Crypto ZIL has proof type and operates under algorithm.

Zilliqa is an ERC-20 token based on the Ethereum blockchain.

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Stellar Lumens’ Strategic Partnership with Börsenmedien AG – Nano Payment Solution

While the rest of the market is on the red, this is a different trend from Stellar Lumens opposed to Bitcoin, Ether, XRP, and Litecoin. The buy-in made …

Stellar Lumens (XLM) has been up by10% over the past 24 hours and is currently in the 9th position inthe market. The reason behind the surge werethe many breakthroughs off the key resistance levels eventually to be on theupward curve. While the rest of the market is on the red, this is a differenttrend from Stellar Lumens opposed to Bitcoin, Ether, XRP, and Litecoin.

The buy-in made into the SatoshiPay byBörsenmedien AG is considered to be one of the major reasons.

Bernd Fortsch, the CEO and founder of Börsenmedien AG stated thatthey would be coming up with a pay-per-article scheme, “There’s a gap inbetween inexpensive content that can be purchased on a pay-per-article plan,without hassle. SatoshiPay’s nano payment solution represents that missing linkthat fills the gap. We are excited about our stake in SatoshiPay, as well asthe upcoming integration of their solution on our websites.”

Slides, crashes, recovery, andregulatory decisions: Mainstreamfinancial circles are now focused on the activities of stable coins. It seemsto be a new season in the speculation market. It is strategic partnerships at all levels.

With the unprecedented popularity,stable coins are believed to be the next big thing in the cryptocurrency space.

The stable coins trend is socontagious that “If you can’t defeat them join them,” JP Morgan gained themomentum, and it did it by launching its own JPM coin.

Analysts opine that this is a newtrend. Will this now popular trend stayis something that time should unveil.

Stable coins provide a sense ofsecurity and confidence due to their certainty. The price of these tokens is stabilized by two tokens rather thanone. The second token will be listed inthe market, and it will face all the adversities posed by the market.

All do not accept the two cointheory. This theory is expected to failin the long term due to the control it provides to its creators on the totalsupply of the crypto, which kills one of the main purposes of cryptocurrency.

Stable coins might not impact themarket just like the Altcoins did. Perhaps, if the element of decentralization is built into the stablecoins with the appropriate refinement of the technology, this might be one ofthe best forms of reserve though.

The coming of a range of traditionalmarkets into the crypto space is furthering several new blockchain basedcryptocurrencies to come up with a stable coin. The current trend for a stable coin is so popular that just like TRONand Tether partnerships many might arise. Even the newest and smallest of coins like the TCAT tokens might come up with their stable coins.

However, with stable coins being basedon the core element of centralization, whether it will be classed under thecrypto brand is doubtful. Strategic Partnerships – A lot of them are set tohappen.

Ripple (XRP) Squeeze, A Major Breakout Is on the Cards

Brad Garlinghouse, the CEO of Ripple Inc, is confident that JPM Coin private nature is not a threat to XRP. Even so, Ripple (XRP) prices are struggling …

  • Ripple prices below 34 cents, in range mode
  • JPM Coin not a threat, Brad Garlinghouse assures
  • Transactional volumes low, averaging 14 million

Brad Garlinghouse, the CEO of Ripple Inc, is confident that JPM Coin private nature is not a threat to XRP. Even so, Ripple (XRP) prices are struggling and yet to breach the 34 cents mark.

Ripple Price Analysis

Fundamentals

In a way, JPM Coin is a pioneer in that it is the first major, USD backed cryptocurrency issued by a major bank. Here’s why it is noteworthy. Aside from Jamie Dimon opinion on crypto, the bank he heads is a mover. JP Morgan and Chase have a net income of US$32.474 billion and AUM of US$2.733 trillion. However, it doesn’t stop there. The bank is a behemoth on its own and one of the oldest in the US.

Therefore, their decision to issue a stable coin redeemable 1:1 with the USD is something remarkable if not shaping. It also spells stiff competition for Ripple Inc eager on clipping market share from SWIFT, a self-serving global network created by the world’s leading banks.

Despite this, Brad Garlinghouse is unfazed, and at the recent DC Blockchain Summit, he said the problem is with its centralization. Explicitly formed for institutional transfers, Brad insists that JPM Coin fails to tackle a use case and therefore will find it hard to gain traction.

Candlestick Arrangements

Ripple

Ripple

At the time of press, XRP is stable and trading within a tight trade range. Even though we are bullish on the coin, expecting a rebound from 30 cents, it is the lack of conviction from the optimistic side of the equation that is stalling our prospects.

To reiterate our previous stands, Ripple (XRP) is technically bullish and the longer this BB squeeze becomes, we expect a break and close above 34 cents. The level marks the 61.8 percent Fibonacci retracement off Dec 2018 high low.

Before then, the failure of bulls to build momentum and rally above this mark means there are high odds of a break out that will validate our trade plans.

Technical Indicators

Compared to trade volumes of Feb 24, Ripple (XRP) transaction levels are low, averaging 14 million. Since our anchor bar is Feb 24—61 million, it is until there is an increase of activity, driving prices above 34 cents or below 30 cents complete with high trading volumes—preferably above 61 million, that we shall add our longs or liquidate our position.

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