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Raiblocks Price Constant Surge – Tops $10 in Under a Week

raiblocks
There is no stop for the ‘crypto 3.0’ hype. Raiblocks popularity grows among traders and investors as its technology looks promising and exchanges continue adding the coin to their platform.

Upon the massive gold-rush that IOTA experienced as a parallel cryptocurrency with Raiblocks in the medium of digital coins that are known for being – fast, feeless and minerless.

Source: coinmarketcap [weekly price development]

Since our last Raiblocks [XRB price and technology related post, two days ago – when it was trading above $6.00, the XRB price has increased 73.3 percent topping the major $10.00 for the first time with a market cap over $1.3 billion taking Raiblocks 6 positions higher by market cap.

The per/moment drops are to appreciated throughout the very bullish trend because of this over-extension in price and its a time of sell-out so many are profiting from the increase while the FOMO [fear of missing out] factor is stepping up and many more investors and traders are looking to catch the train. In case of a pull-back, supports around $8.50 will most likely balance the bulls and bears so feel at ease if you entered the market before that.

Upon a voting poll Raiblocks was chosen as the winner to be added on The Kucoin Exchange [Chinese exchange – very similar to Binance].

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DASH and Litecoin Analysis December 28, 2017

DASH/USD

DASH continues to look very quiet during holiday trading, as the $1200 level has offered a bit of resistance. We are rolling over in the stochastic oscillator, so this suggests that we will eventually start looking towards lower levels, perhaps finding support closer to the $1000 level. I would be much more comfortable buying at that level than trying to go long here.

 

LTC/USD

Litecoin looks similar, and struggling as there is almost no volume. I think there is significant support near the $250 level though, so any type of bounce in that area should be thought of as potential value that you can take advantage of. If we break down below the $225 level, the market will probably test the $200 level, and then break down to the $150 level. I currently believe that the market is going to go looking towards the $325.

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Ripple Price Technical Analysis – XRP/USD Gaining Momentum

Key Highlights

Ripple price is gaining momentum and is currently above the $1.00 handle against the US Dollar. There is a major bullish trend line forming with support at $1.05 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might correct a few points from the current levels, but it remains supported above $1.05.

Ripple price is moving in the bullish zone against the US Dollar and Bitcoin. XRP/USD might continue to move higher towards the $1.25 level.

Ripple Price Support

There was a fresh upside wave initiated from the $0.8000 swing low in Ripple price against the US Dollar. The price traded higher and broke a few important resistances near $0.9000 and $1.00. The upside move was strong and the price was able to move above the $1.10 level as well. During the upside move, the price broke a bearish trend line on the hourly chart at $1.02. It opened the doors for more gains and the price traded as high as $1.17.

Later, it faced sellers and started a downside correction towards $1.1000. It is currently trading near the 23.6% Fib retracement level of the last wave from the $0.8600 low to $1.1718 high. There are many supports on the downside at $1.05. There is also a major bullish trend line forming with support at $1.05 on the hourly chart of the XRP/USD pair. The trend line support is important at $1.05. It is also near the 38.2% Fib retracement level of the last wave from the $0.8600 low to $1.1718 high.

There is a chance of a minor downside correction towards $1.05. However, the price remains supported on the downside and it may soon move higher towards $1.25.

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Kin’s Planned Move From Ethereum Not So Stellar

Kin's decision to move away from the Ethereum blockchain has riled up some investors.

Original linkOriginal author: Jeremy Nation
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