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OmiseGO Presents an ‘Achievable Roadmap’ to Survive Bear Market

BTCMANAGER
OmiseGO Presents an ‘Achievable Roadmap’ to Survive Bear Market
Omisego presents an ‘achievable roadmap’ to survive bear market

OmiseGo, one of the more promising token, published a roadmap detailing its future map in the coming months on Medium on October 30, 2018. Learning from previous experiences, the blog post stated that instead of revealing plans well in advance, they decided to list their achievements to-date to avoid disappointments. Surviving the Bear Attack The altcoin released a blog post…Read More. The post by Pratik Makadiya appeared first on BTCManager, bitcoin, Blockchain & Cryptocurrency News

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Bitcoin & co: was sind private key und public key?

bitcoin & Co: Was sind Private Key und Public Key?
Omisego presents an ‘achievable roadmap’ to survive bear market
Omisego presents an ‘achievable roadmap’ to survive bear marketDer Schlüssel zum Herzen jedes Hodlers ist sein Private Key. Doch was ist ein Private Key genau? Und wie funktioniert er in bitcoin und bitcoinähnlichen Netzwerken?  Asymmetrische Kryptographie In den 1970er-Jahren entwickelten Mathematiker eine neue Form der Kryptographie. Den Namen erhielt diese Erfindung durch die Asymmetrie des Schlüsselpaares, das zum Ver- und Entschlüsseln von Informationen genutzt wird. […]
 
Source: BTC-ECHO

Der Beitrag Bitcoin & Co: Was sind Private Key und Public Key? erschien zuerst auf BTC-ECHO.

Omisego presents an ‘achievable roadmap’ to survive bear market Omisego presents an ‘achievable roadmap’ to survive bear market Omisego presents an ‘achievable roadmap’ to survive bear market Omisego presents an ‘achievable roadmap’ to survive bear market Omisego presents an ‘achievable roadmap’ to survive bear market Omisego presents an ‘achievable roadmap’ to survive bear market Omisego presents an ‘achievable roadmap’ to survive bear market Omisego presents an ‘achievable roadmap’ to survive bear market Omisego presents an ‘achievable roadmap’ to survive bear market Omisego presents an ‘achievable roadmap’ to survive bear market

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Ripple Price Technical Analysis – XRP/USD Bearish U-Turn

Key Highlights

  • Ripple price extended declines and moved below the $1.80 support against the US Dollar.
  • Yesterday’s highlighted crucial bearish trend line with current resistance at $1.85 is still in place on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The price continues to move down and it could soon break the 1.60 low to for more losses.

Ripple price faced a lot of selling pressure against the US Dollar and bitcoin. XRP/USD could accelerate declines and it may soon test or break the $1.50 level.

Ripple Price Decline

It seems like the current bearish pressure is here to stay on Ripple price below $2.00 against the US Dollar. The price was under a lot of pressure and it moved below the $1.80 and $1.70 support levels. The downside move is strong and the price is now below the $1.65 level. Recently, there was a recovery from the $1.6062 swing low with a break of the 23.6% Fib retracement level of the last decline from the $2.38 high to $1.60 low.

However, the upside move was capped by the $2.00 handle. Moreover, the 50% Fib retracement level of the last decline from the $2.38 high to $1.60 low also acted as a resistance. More importantly, yesterday’s highlighted crucial bearish trend line with current resistance at $1.85 is still in place on the hourly chart of the XRP/USD pair. It may continue to act as a strong barrier for buyers above $2.00. As long as the price is below the $2.00 handle, it remains at a risk of more losses below $1.60.

Ripple Price Technical Analysis XRP USD

A break below the $1.60 level could open the doors for a test of the $1.50 level. Below the $1.50 level, there is a chance an extension towards the $1.40 level.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is now placed in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is heading lower towards the 25 level.

Major Support Level – $1.50

Major Resistance Level – $2.00

 

Charts courtesy – Trading View, Kraken

The post Ripple Price Technical Analysis – XRP/USD Bearish U-Turn appeared first on NewsBTC.

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