Latest Market News
An exchange-traded product that tracks the performance of XRP has been listed on SIX Swiss Exchange, the largest stock exchange in Switzerland.
This week’s top coins are scheduled to conduct significant launches and benefit from announcements that help each project to move forward and strengthen their market positions as Q1 comes to an end. These developments should also result in increased amounts of attention to their respective currencies over the coming week.
ADA has been following a bullish sentiment after the mid-March break out which drove the token to the current trading price at around $0.069. Before then, ADA was actually trending within the range of a wedge starting from its 2018 low. The bigger picture is clearly revealed on the daily RSI, which is now lying at the overbought area.
The surge in popularity of the initial exchange offering model has had an extremely beneficial impact on the tokens issued by the cryptocurrency exchanges that either already host IEOs or have announced plans to do so in the future. Other exchange-issued tokens have reaped the benefits as well.
Yesterday, EOS witnessed a sudden surge, breaking out of a tight range the token has been trading in for the past three weeks.
Taking a look at the XRP/USD market, we can clearly see that Ripple had been trading within the highlighted ascending price channel since the start of February 2019. However, over the past week, the market dropped beneath the price channel, causing XRP to fall into the support at the $0.30 level.
Coinbase has introduced XLM to its Earn program, which awards cryptocurrency to users that complete an educational course about a specific coin. In total, Coinbase is giving out 1 billion XLM tokens.
Litecoin has been having a tremendous 2019 so far, and there aren't many indicators that this trend will see a substantial reversal soon. However, the bears could be in play from a more short-term perspective.
Cryptocurrency exchange DragonEx says they have suffered a security breach on March 24. So far, the exchange hasn’t provided information on how much cryptocurrency was stolen from the exchange.
In this article, we will be taking a look at the ETH/USD pair to see if Ethereum has the potential to reach $200 before the end of April 2019. For Ethereum to reach $200, the market will have to increase by a total of 48% from today’s price.
