ChainLink-Google Deal Is An Approval, A Link Mega Rally in Waiting?

Link prices surge, up 38.4 percent The involvement of Google may cement ChainLink’s position Google’s interest is enough to propel Link’s prices to new highs. Consequently, ChainLink may end up dominating the Oracle market. Thanks to yesterday’s announcement, Link is up 38.4 percent. However, this appears to be the early stages of a possible mega rally. ChainLink (Link) Price Analysis Fundamentals Mystic as they sound, Oracles will revolutionize cryptocurrency and blockchain. The critical role of these connectors cannot be understated. While listing down potential game changers in the Ethereum blockchain,…

Bitcoin Bulls Will Be Back In The Picture Once BTC Rally Above $9,100

BTC slides 2.1 percent Bitcoin is a safe haven, a Satoshi now worth more than several fiat currencies. Hardly surprising, a single Satoshi, the smallest unit of Bitcoin, is more valuable than several fiat currencies. Increasingly, Bitcoin is a safe refuge against inflation. As such, accompanying demand could spur demand, thrusting BTC above $9,100 towards $10,000 and beyond. Bitcoin Price Analysis Fundamentals What’s encouraging is that Bitcoin (BTC) bulls-after initial doldrums are back. It’s a relief for traders as well as optimistic investors reeling from last year’s upheavals. Nevertheless, that…

Ethereum (ETH) Recoil From $230, Poised For A 10-Year Rally

Ethereum (ETH) stable Darma confident, expects ETH to rally Sellers may be ahead after this week’s drawdown, but that is unnerving to Darma. The hedge fund founders are optimistic, expecting a 10-year ETH bull run. At the time of writing, ETH is edgy, snapping back to trend and stabilizing in the last day. Ethereum Price Analysis Fundamentals The bear market of 2018 damaged portfolios. Prices freely fell, and many projects folded as a result. Thirteen months later, there is a ray of hope for Ethereum and its native currency, Ether.…

Ethereum (ETH) Price Rally Alongside Bitcoin: More Upsides Likely

ETH price started a fresh increase and broke the key $265 resistance area against the US Dollar. The price settled above the $265 level and traded close to the $272 level. There was a break above a declining channel with resistance near the $251 level on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently consolidating gains, but it is likely to climb further higher above $275. Ethereum price is gaining bullish momentum versus the US Dollar, similar to bitcoin. ETH is now trading above the…

Fund Manager Discusses Three Factors that Will Trigger Next Bitcoin Rally

The bitcoin price has slipped by almost 5.5 percent from its yearly high at $8,388 and could be in for a massive downside correction. But that has not deterred a prominent fund manager from projecting a bullish case for the world’s largest cryptocurrency. Brian Kelly, the founder of BKCM, LLC, a New York-based digital currency investment firm, said in an interview that bitcoin is ready for another breakout action owing to three three core fundamentals: institutional adoption, retail anticipation, and supply cut. He explained that people were bullish because big financial…

Bitcoin (BTC) Price Weekly Forecast: Bulls Preparing For Larger Rally

There is a strong resistance forming for bitcoin near the 8,200-8,300 area against the US Dollar. The price is placed nicely above the $7,840 and $7,600 support levels. There is a crucial contracting triangle forming with resistance near $8,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely to break higher and surge once it clears the key $8,300 resistance area. Bitcoin price is holding gains above $7,800 and $8,000 against the US Dollar. BTC seems to be setting up for a monster…

Building XRP Use Cases, Will Stefan Thomas AMA Trigger a Ripple Rally?

Ripple consolidating with caps at 40 cents After Kava and Switch, Stefan Thomas’ AMA may drive XRP prices Coil is a blogging platform monetize content, rewarding creators with XRP or USD. It is a creation of Stefan Thomas, a former employee of Ripple. In an AMA session, the community is waiting for gems that will probably spur participation, driving XRP above 40 cents. Ripple Price Analysis Fundamentals Stefan Thomas, the former Ripple Chief Technical Officer (CTO) and creator of the InterLedger Protocol, will hold an ask-me-anything (AMA) session on May…

Bitcoin (BTC) Price Weekly Prediction: Indicators Suggest Rally To $9,000

There was a strong buying interest for bitcoin near the $6,800 support area against the US Dollar. The price started a fresh increase and broke the $7,000 and $7,500 resistance levels. There was a break above a major contracting triangle with resistance near $7,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is eyeing a strong rise and it could trade above $8,500 and $8,800 in the near term. Bitcoin price is up more than 10% after a strong downside correction against the US…

Crypto Market Rally As Altcoins Join Party: Bitcoin Cash, XLM, EOS, TRX Analysis

The total crypto market cap surged further and tested the key $250.0B resistance level. Bitcoin price is currently consolidating above the $8,000 and $8,100 support levels. Bitcoin cash price surged above the $400 and $425 resistance levels. EOS price is up more than 10% and it recently cleared the key $6.50 barrier. Stellar (XLM) price rallied more than 25% and broke many hurdles near $0.1300 and $0.1400. Tron (TRX) also joined the party and broke the key $0.0250 and $0.0300 resistance levels. The crypto market cap surged above $250.0B, with…

Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?

Bitcoin price extended gains and traded to a new 2019 high above $6,080 against the US Dollar. The price surged higher towards the $6,100 level and it is currently consolidating gains. There was a break above a connecting trend line with resistance at $6,005 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains well supported on the downside, but there are many hurdles near $6,100 and $6,200. Bitcoin price surging higher with a bullish bias above $6,000 against the US Dollar. BTC could surge…