Day: November 28, 2019

Ripple (XRP) Price Uptrend Intact For This Reason

TradingBTC

Ripple price is trading above a couple of important supports near $0.2200 against the US dollar. The price is facing a major hurdle near the $0.2280 and $0.2350 resistance levels. Yesterday’s highlighted major ascending channel is intact with support near $0.2230 on the hourly chart of the XRP/USD pair (data source from Kraken). The bulls are likely to remain in action unless the price breaks the $0.2200 support area. Ripple price is showing a lot of positive signs against the US Dollar, and bitcoin is above $7,500. XRP price could…

Ethereum (ETH) Could Make Sustained Move Higher

TradingBTC

Ethereum is still facing resistance near the $155 and $156 levels levels against the US Dollar. The price is likely to make a sustained move higher once it breaks the $156 resistance. There is a key declining channel forming or a bullish flag with resistance near $154 on the hourly chart of ETH/USD (data feed via Kraken). The price could start a fresh decline only if it settles below the $142 support area. Ethereum price is consolidating gains above key supports versus the US Dollar, similar to bitcoin. ETH price…

It’s Pure Foolishness to Bet Against Trump Economy in 2020

TradingBTC

President Trump has low approval ratings. But he has a secret weapon: The strong economy. Historically, presidents with a booming economy always win re-election. Most political experts think President Trump will struggle to get re-elected next year. Trump trails potential Democratic rivals in swing state polling. More voters disapprove of Trump’s job performance than approve of it. In fact, nearly half of polled respondents don’t just dislike Trump; they go so far as to want to see Trump impeached: A narrow majority of Americans now favor impeaching President Trump |…

Thanksgiving Is the Perfect Time to Play the Original South Park Game

TradingBTC

South Park on PS1/N64 is the perfect Thanksgiving title. It features killer turkeys to murder. While not the best game going, it’s certainly nostalgic for the holidays. Thanksgiving is here. A time for family gatherings and stuffing yourself full of turkey and alcohol. With so many people getting together, it’s also the perfect time to avoid annoying relatives by playing video games. Although you might struggle to find a game that is appropriately Thanksgiving themed. If you’re journeying back to your family home, then you might be able to dig…

Alleged Scam PlusToken Selloff Could Drop BTC Price, Analyst Claims

TradingBTC

This year has yielded significant price action for Bitcoin (BTC), both to the upside and to the downside. Some now argue that the recent price movement is due to big players selling their stakes and flooding the market. As Cointelegraph reported on Aug. 18, the alleged PlusToken scam was thought to have moved over $240 million of proceeds in BTC, according to a tweet posted by Whale Alert, an account that flags large crypto transactions. Meanwhile, recently published data from Crypto Twitter analyst Ergo shows that the current sell-off in…

Binance to Launch Crypto Travel Rewards Card with Startup TravelByBit

TradingBTC

Major cryptocurrency exchange Binance announced in a blog post on Nov. 28 that it partnered with crypto travel startup TravelByBit to launch a rewards card that facilitates crypto payments on major travel websites. Per the announcement, the card will function like a traditional prepaid card with access to additional discounts and rewards that users will be able to load with Bitcoin (BTC), Binance USD (BUSD), Binance Coin (BNB) and Ontology (ONT). The card will be released early next year and will initially target travelers in the Association of Southeast Asian…