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The post Ethereum, Bitcoin Prices Lead Billion Market Decline appeared first on CryptoCoinsNews.
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The post Ethereum, Bitcoin Prices Lead Billion Market Decline appeared first on CryptoCoinsNews.
Key Highlights ETH price failed to remain above the 7 swing low against the US Dollar and extended its decline. There is a connecting bearish trend line forming with current resistance at 0 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to decline and could even test the 0.00 … Continue reading Ethereum Price Technical Analysis – ETH/USD Extends Decline
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Within the past week, the percentage of Segregated Witness (SegWit)-enabled transactions in the Bitcoin network has increased from 9 percent to 14.45 percent, decreasing Bitcoin transaction fees, the size of the Bitcoin mempool, and blocks. SegWit nears 15%. Transaction fees down. Average #bitcoin block size 0.82 MB. Most importantly, Bitcoin mempool size at 6 million. … Continue reading Bitcoin Fees Significantly Decline as SegWit Adoption Reaches 14.5%
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Within the past week, the percentage of Segregated Witness (SegWit)-enabled transactions in the Bitcoin network has increased from 9 percent to 14.45 percent, decreasing Bitcoin transaction fees, the size of the Bitcoin mempool, and blocks. SegWit nears 15%. Transaction fees down. Average #bitcoin block size 0.82 MB. Most importantly, Bitcoin mempool size at 6 million. … Continue reading Bitcoin Fees Significantly Decline as SegWit Adoption Reaches 14.5%
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Most cryptocurrency enthusiasts are well aware of how currencies work. More specifically, people know Bitcoin transactions don’t always represent purchases or payments for services rendered. In most cases, funds are being moved to and from exchange or mining rewards are distributed. If the number of transactions per day goes down, that is not necessarily something … Continue reading Should we be Concerned About all Major Currencies Seeing a Decline in Transactions per day?
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Key Highlights Ripple price failed to move higher and traded below the .1750 support against the US Dollar. There are two key bearish trend lines forming with resistance near .1800 and .1880 on the hourly chart of XRP/USD (data source from Kraken). The price might correct a few points higher, but upsides remain capped by … Continue reading Ripple Price Technical Analysis – XRP/USD Extends Decline
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Key Highlights Ripple price failed to gain pace and is currently trading below the .1900 level against the US Dollar. Yesterday’s highlighted major bearish trend line with current resistance at .1900 on the hourly chart of XRP/USD (data source from Kraken) is still active. The price is now below .1850 and the 100 hourly simple … Continue reading Ripple Price Technical Analysis – XRP/USD Decline Underway
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Key Highlights Ripple price failed to gain pace and is currently trading below the .1900 level against the US Dollar. Yesterday’s highlighted major bearish trend line with current resistance at .1900 on the hourly chart of XRP/USD (data source from Kraken) is still active. The price is now below .1850 and the 100 hourly simple … Continue reading Ripple Price Technical Analysis – XRP/USD Decline Underway
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Key Highlights ETH price traded below the 0 support area against the US Dollar before finding bids near 5. There is an ascending channel forming with support at 4 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might break the channel support and decline once again towards 0. Ethereum price remains … Continue reading Ethereum Price Technical Analysis – ETH/USD To Decline Further
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So that’s another day of trading complete in our bitcoin price trading efforts and – in line with the completion of the day – it’s also the end of the week. And what a week it has been. Price started the week in what looked like it might be a pretty substantial and then, relatively … Continue reading Bitcoin Price Watch; Hedging The Decline
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