Altcoins News
By Dan Saada
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The price of the Bitcoin is struggling, but the amount of Ethereum price could continue further higher and the price settled above the $175 resistance area versus the USD.
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The price is now consolidating the gains and, therefore, it might continue to rise towards $185 or $190.
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The price might dip a few points toward $176 or $175 before it can start with a new increase. The MACD for ETH/USD is declining, and it is struggling to sustain the 50 levels.
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Hudson Jameson, Community Manager of Ethereum Foundation, stated, the Istanbul Hard fork would be initiated on the ETH testnet approximately during October 02, 2019.
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Istanbul is likely to become the eighth hard fork on the ETH network. The first part of the fork will likely improve on the interoperability with the ZCash to make the…
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Technically, the initial support will be created by the middle line of the 4th Bollinger band near $177 followed by an intraday low at $176.26. The 4-hour SMA is at $175.86.
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Jeb McCaleb, co-founder, and former chief technical officer of Ripple gave its co-founder $26 million.
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One of the tweets on Saturday read, “100,000,000 #XRP (26,322,440 USD) transferred from Ripple to Jeb McCaleb wallet.
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Several investors expected that XRP would reach great heights as it has become integrated with a number of operations with global financial institutions.
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