Markets Roundup by F1Cryptos

Alice Walker

Contributor
I think Japan is setting an example in every way on how countries should appreciate cryptocurrencies in its legal framework. In times when most of the policy makers are skeptical about the potential of cryptocurrency and some even considering it as a threat, Japan with all its swag is embracing cryptocurrencies wholeheartedly and Yahoo setting up a cryptocurrency exchange is just another example of that.
 

The CC Forums

Admin
Staff member
I think Japan is setting an example in every way on how countries should appreciate cryptocurrencies in its legal framework. In times when most of the policy makers are skeptical about the potential of cryptocurrency and some even considering it as a threat, Japan with all its swag is embracing cryptocurrencies wholeheartedly and Yahoo setting up a cryptocurrency exchange is just another example of that.

I agree completely. Nurture innovation and growth, don’t over regulate to the point of killing new technologies. Apply light protective oversight without taxing or heavily restricting, and all sides benefit.
 

F1 Cryptos

Contributor
Ethereum inched higher on Tuesday, increasing the price of digital currency to more than $450. The technical bias remains bearish because of a lower high in the recent upside move.

Ethereum Technical Analysis

As of this writing, the digital currency is being traded near $481. A hurdle can be noted around $575, a key horizontal resistance area ahead of $1000, the psychological level and then $1044, the upper trendline resistance area as demonstrated in the given below daily chart.

ethereum-d1-pepperstone-group-limited.png


On the downside, a support may be seen around $409, the low of yesterday ahead of $400, a major psychological level and then $360, the confluence of two major trendline support levels. The technical bias shall remain bearish as long as the $954 resistance area is intact.

Vitalik Buterin’s Remarks

Ethereum founder Vitaik Buterin warns that cryptocurrencies still fall into hyper-volatile asset class and could plunge to near zero price anytime. He suggests investors to make only limited investment in cryptocurrencies which they can afford to lose.

Trade Idea

Considering the overall technical and fundamental outlook, selling the digital currency near current levels can be a good strategy in short to medium term. If you are looking to buy and store Etherum for long term then it is recommended to wait for a level around $400. Like other cryptocurrencies, ethereum is also under strong selling pressure. Given the current circumstances, a move towards $350 is very likely.
 

The CC Forums

Admin
Staff member
Ethereum inched higher on Tuesday, increasing the price of digital currency to more than $450. The technical bias remains bearish because of a lower high in the recent upside move.

Ethereum Technical Analysis

As of this writing, the digital currency is being traded near $481. A hurdle can be noted around $575, a key horizontal resistance area ahead of $1000, the psychological level and then $1044, the upper trendline resistance area as demonstrated in the given below daily chart.

ethereum-d1-pepperstone-group-limited.png


On the downside, a support may be seen around $409, the low of yesterday ahead of $400, a major psychological level and then $360, the confluence of two major trendline support levels. The technical bias shall remain bearish as long as the $954 resistance area is intact.

Vitalik Buterin’s Remarks

Ethereum founder Vitaik Buterin warns that cryptocurrencies still fall into hyper-volatile asset class and could plunge to near zero price anytime. He suggests investors to make only limited investment in cryptocurrencies which they can afford to lose.

Trade Idea

Considering the overall technical and fundamental outlook, selling the digital currency near current levels can be a good strategy in short to medium term. If you are looking to buy and store Etherum for long term then it is recommended to wait for a level around $400. Like other cryptocurrencies, ethereum is also under strong selling pressure. Given the current circumstances, a move towards $350 is very likely.


We need to see some strong market action on the upside soon, as more and more potential investors are quickly losing interest in crypto overall.

I still say May before any strong moves upwards. How low can we go before then? Anyone have thoughts?
 

Alice Walker

Contributor
Exchange aggregator coinswitch has added Hong Kong based exchange KuCoin on its platform. This was announced by the company in its official blog. Coinswitch is the world’s largest exchange aggregator and supports over 300+ coins and 45,000+ currency pairs. The company will be adding bigger exchanges on its platform by the end of April. You can use coinswitch from my referral and maybe join the referral program to benefit from it.
 

F1 Cryptos

Contributor
Bitcoin increased in value on Wednesday, increasing the price of digital currency to more than $7900. The technical bias remains bearish because of a lower high in the recent upside move.

Bitcoin Technical Analysis

As of this writing, the digital currency is being traded near $7988. A hurdle can be noted around $9153, an immediate trendline resistance ahead of $10000, the psychological level and then $11507, the upper trendline resistance area as demonstrated with red color in the given below daily chart.

bitcoin-d1-pepperstone-group-limited.png


On the downside, a support may be seen around $6854, an immediate trendline support ahead of 6800, psychological level and then $5955, the low of February 6, 2018. The technical bias shall remain bearish as long as the $11568 resistance area is intact.

Vitalik Buterin’s Remarks

Ethereum founder Vitaik Buterin warns that cryptocurrencies still fall into hyper-volatile asset class and could plunge to near zero price anytime. He suggests investors to make only limited investment in cryptocurrencies which they can afford to lose.

Trade Idea

Considering the overall technical and fundamental outlook, selling the digital currency near current levels can be a good strategy in short to medium term.
 

Cyrptowarrior

Contributor
Yeah, I think that crypto currencies might actually make millionaires ahahha. some pretty decent projects. Just abit scared that my money in the wallet will get stolen. I came across this crypto asset insurance today- Seems pretty legit. PolicyPal Network managed to raise $20 million in token sales for developing this project. If yall are interested join the tele group PolicyPal Network or read up more on Medium
 
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