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Crypto Market Trading Sideways: XLM Shoots Up, Bitcoin Cash, EOS, TRX Analysis

Crypto market trading sideways: xlm shoots up, bitcoin cash, eos, trx analysis

Crypto Market Trading Sideways: XLM Shoots Up, Bitcoin Cash, EOS, TRX Analysis

Crypto market trading sideways: xlm shoots up, bitcoin cash, eos, trx analysis
  • The total crypto market cap is facing a strong resistance near the $129.0B and $130.0B levels.
  • bitcoin cash price recovered above the $132 resistance and it could climb towards the $135 level.
  • EOS price is back above the $3.60 level, with a positive angle.
  • Stellar (XLM) price gained more than 5% and broke the $0.1000 and $0.1050 resistances.
  • Tron (TRX) is trading above the $0.0220 level and it could test the $0.0230 resistance.

The crypto market is trading sideways below key resistance levels. Stellar (XLM) gained recently, while bitcoin (BTC), Ethereum (ETH), BCH, EOS, ripple and tron (TRX) are preparing for the next break.

bitcoin Cash Price Analysis

Bitcoin cash price recently moved above the $130 pivot level with a positive tone against the US Dollar. The BCH/USD pair even moved above the $132 resistance, opening the doors for a push towards the $135 resistance area in the near term.

The $135 resistance area is likely to act as a strong hurdle for buyers. If there is an upside break, the price could test the $140 level. On the downside, the main supports for buyers are near $130 and $128.

Stellar (XLM), EOS and Tron (TRX) Price Analysis

EOS price recovered nicely from the $3.50 support level. It recently broke the $3.55 and $3.60 resistance levels. It is currently consolidating above $3.60 and it could revisit the $3.75 resistance in the near term.

Stellar price performed nicely and gained traction above the $0.1000 resistance level. XLM price traded above the $0.1050 resistance and traded close to the $0.1100 barrier. The next key resistances are near $0.1120 and $0.1135. The main support on the downside is at $0.1000, below which it could test the $0.0920 level.

Tron price moved above the $0.0220 resistance and it is slowly gaining momentum. TRX is about to test the $0.0230 resistance, above which the next stop for buyers could be $0.0235. Sellers are likely to take a stand near the $0.0235 and $0.0240 resistance levels.

Looking at the total cryptocurrency market cap hourly chart, there was a decent rebound from the $127.0B support level. However, the market cap is facing a strong resistance near the $129.0B and $130.0B levels. A successful close above the $130.0B level could open the doors for a solid rally in the crypto market in the near term. On the other hand, if there is a downside correction, the $127.0B and $126.5B levels might act a supports. The main support is near the $125.0B level. In the short term, there could be more sideways movements in bitcoin, Ethereum, EOS, ripple, LTC, bitcoin cash, XLM, TRX, and other altcoins in the near term before the next move.

Published at Thu, 14 Mar 2019 06:07:05 +0000

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Qurito – A Decentralized Platform for Shared Ideas & Knowledge, Delivering Quality Content

The main ICO of Qurito, a platform to discover, share and gain ideas and knowledge, is successfully underway since it started on December 8, 2017. Qurito, aiming to sell 250 Million Quro Tokens in its ICO, is on the way of revolutionize the way people learn and share things.

The Background

The Qurito platform is designed with the intention of providing authentic and meaningful content to the users. The great part is that all of it is advertisement free and doesn’t incorporate unwanted content. This leads to users exploring and growing in a way that is both time and energy efficient.

How Qurito is different

There are a number of existing knowledgeable platforms; however, Qurito differentiates itself via its incentive program. The state-of-the-art rewarding system of the platform rewards users for their respective contributions over the platform. This strategy leads to the generation of more qualitative and quantitative content for the users.

The Problems Qurito addresses

The existing platforms don’t provide high-quality content shared by users in the form of Q/A, Forums, Polls and other means. There is a poor structure, making it difficult for the users to index and search for their required information faster. Above all, the biggest problem that these platform overlook is the reliability of the information, which is low due to absence of any incentive given against genuine, quality, and timely feedback.

The Core Elements

Qurito is the first, blockchain based, decentralized, globalized platform that rewards knowledgeable, curious and passionate people for their intelligence and knowledge. Users are rewarded with Quro Tokens upon answering questions, taking polls, participating in surveys, discussing in forums and teaching. The platform experiences an increasing volume of qualitative content. There is a strong element of reliability since users are given a unique rating on the basis of their profile and how strong it is in terms of contribution.

The Latest Technology

Qurito is being designed taking into an account all technicalities and critical factors like Design (UI & UX), Programming a strong backend engine, and Hosting the content on a reliable and popular platform. Latest and smart technologies like Artificial Intelligence and Machine Learning are to be integrated within the system. In addition, SEO will help in ensuring maximum content outreach. Maintaining an easily indexable content, leveraging on the latest technology enables a great user experience overall.

Get the Quro Tokens

Qurito will be run via Quro Tokens, being offered in the Main Sale. Quro Tokens are deposited into the main wallet. The derivation of Qurito token ensures security, scalability, and stability, which also encourages currency liquidity. Users can earn Quro either via User Activity (Q/A, Forums, Polls) and Web Analytics (Search Engine Traffic and Social Media).

To know more about the platform and participate in its on-going ICO, please visit https://ico.qurito.io/

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