Argentina has recently executed an export business with Paraguay in Bitcoin. Although the net value of the transaction amounted to only 7,100 the US Dollar (the Euro), this is a welcome step. More and more countries recognize the advantages of using crypto-currencies for cross-border transactions.
The digital asset management Fund, Grayscale Investments said that its institutional customers take advantage of the current low level of crypto courses increasingly to make long-term investments. These inflows are largely parked in the Bitcoin Investment Trust of the Fund.
A survey by the market research company PollRight for the Global Blockchain Business Council (GBBC) 71 global institutional investors revealed that 19 percent of the respondents believe that up to 2021 on a regular basis in crypto-currencies investing and will be traded.
in addition, 41 percent of the respondents stated that institutional investors would occur in the next five years in the ICO market.
These developments confirm the growing interest of institutional investors in the crypto area. The crypto-currencies, all of which are currently the best signs of a bottoming out? We analyze the long-term Charts and we try to figure out whether a purchase is recommended or not.
DASH/USD
The issue management App Spend.com now supports Dash and provides users with several new features.
The Dash Core Group has announced the formation of a new Dash Ventures is a company registered in the Cayman Islands. They will invest in various asset classes and the profits re-invest back in to the Dash Ecosystem.
so Is it the right time to buy this crypto-currency? Let’s see what the charts say.
The DASH/USD Pair tried to climb from US $ 64 (56,49 Euro) to the top. Though the climb was slow, it is positive that the Cryptocurrency is steadily growing.
The current recovery is triggered when 103,261 US Dollar (91,401 Euro) and at the 20-week EMA at US $ 109 (96 Euro). In addition, the Pair will meet first at 175 US dollars (€154) on the larger Resistors. Therefore, traders can buy if the price can hold above 110 US dollars (97 Euro).
If the course is reversed however, from the overhead resistance, is further consolidation likely will continue for a few weeks.
A case of under-64 to the U.S. Dollar (56,49 Euro) would be a negative development, since the Pair can fall to 56,214, US Dollar (49,758 Euro). If this level is broken down, continuing the downward trend. Since both the two moving averages tend to be downward as well as, the RSI is in the negative Zone, the bears currently have an advantage.
NEO/USD
This week NEO has the second-best performance among the Top-15-crypto-currencies by market capitalization listed. Although the Cryptocurrency, not much was reported, offers of the market participants about the possible announcements in the context of the NEO DEVCON 2019, the on 16. and 17. February took place.
The NEO/USD Pair was stuck in for the last time, largely in a narrow range between 5,4808 US Dollar (4,8513 Euro) and $ 10 (8,83 Euro). Previously, the crypto-currency was 13 weeks long, from mid-August to mid-November, 2018, in a margin, before you fell underneath.
The current range for 12 weeks. If history is repeated, we will get in the next few weeks, probably either a breakout or a drop in to see.
The margin this time is tight, so we expect that there will be a strong outbreak. Next up is a breakout and close above 10 would signal the strength of the Dollar (8,83 Euro) and could lift the crypto-currency to 17.70 US Dollar (15,62 euros). If this resistance is overcome, may extend the rally up to 25.29 and US Dollar (22,32 euros).
traders can open after the eruption on the margin of Long positions. At the 20-week EMA there is a low resistance, but we expect that this is broken.
When the bears leave the course, however, under the support of the span at 5,4808 US Dollar (4,8513 Euro) to fall, the downward trend.
BNB/USD
The chief financial officer of Binance Wei Zhou said that the stock market, despite the ongoing bear market as profitable. The CEO Changpeng Zhao has announced that Binance a Testnet Version of its new decentralized stock exchange on the 20. February want to publish.
Can cut Binance Coin (NBB) is still better than the rest of the market, or he is approaching a major support zone? Let us find out.
BNB/USD Pair is in the critical resistance area between US $ 10 (8,83 Euro) and $ 12 (10,59 Euro). This Zone has proven to be from mid-August until the beginning of November 2018, as a major hurdle, until it came to a decline.
Both moving averages are flat and the RSI is just above the middle. This indicates a probable consolidation. If the price falls from the current level, he can receive 6 US Dollar (€5.30) and including US $ 5.50 (€4.85) support.
At the present level we do not see any Trades that would give us a good risk/reward ratio, so we recommend traders to wait for a small decline, Long-open positions.
If the cops climb over the resistance zone, will follow a rally on 18, US Dollar (15,89€). Short-term traders can buy after a breakout above $ 12 (10,59 Euro) and the momentum to the top of the lift, but should set the Stop-Loss Limit is very close behind it.
EOS/USD
EOS a Comeback currently trying. May the recovery continue, or the cops are going to take a breather and a part of the growth to give up?
try The cops, about the resistance of the narrow margin between 2,1733 US Dollar (1,9237 Euro) and 3,2081 US Dollar (2,8397 Euro) break out. If that succeeds, you can climb to the EOS/USD Pair to au 3,8723 US Dollar (3,4276 Euro). Although the 20-week EMA at 3,613 dollars (3,198 euros), we expect that this level will be overcome.
The Few signals strength, as soon as it can 3,8723 US Dollar (3,4276 Euro). This would confirm that the markets have rejected the lower levels. After that, traders can assume that the rally will bring the digital currency in the medium term, gradually 6,8299 US Dollar (6,0455 Euro).
We suggest that medium-term investors to wait until the rate climbs to over 3,8723 US Dollar (3,4276 Euro) before opening Long positions.
will not stay If the bulls make it, however, about the overhead resistance to break out of that course for a while in the range. A case under the lower end of the range in 2,1733 US Dollar (1,9237 Euro) points to weakness and can lead to a re-Test of the year lows at 1.55 US Dollar (EUR 1.37). A case of new year, continued low levels the downward trend again.
ETH/USD
The average number of Ethereum (ETH) block rewards per day from over 20,000 in December 2018 13.370 at 10. February fallen. The decline is due to the sudden increase of the Mining difficulty of Ethereum.
On 25. February will bring the Nasdaq to their Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX) on the market that track the prices of the crypto-currencies. The Enterprise Ethereum Alliance (EEA) wants to set up a Token-working group to focus on the „support of fungible ERC-20 and non – fungible ERC-721-Token“.
the crypto-currency Is to recover this?
The ETH/USD Pair is trying to reach at 102,49 US Dollar (90,46 EUR) a higher Low. If the bulls manage to keep the price above this level, is an attempt to break through the overhead resistance at 167,20 US Dollar (147,58 EUR). If the price can hold above 167,20 US Dollar (147,58 EUR), indicates the beginning of a new upward trend.
Thus, can wait for the investor to a closing (UTC) on 167,20 US Dollar (147,58 EUR) to buy then. The goals that you should keep the top of the eye, are located at 225 US dollars (198,60 Euro), and in the case of 242,62 US Dollar (241,15 Euro).
Our optimistic assessment is not invalid, if the cops break out above the overhead resistance. In such a case, the digital currency will continue to remain between 102,49 US Dollar (90,46 EUR) and 162,20 US Dollar (143,17 Euro). A case under 102,49 US Dollar (90,46 EUR) would be a negative development, which can allow the Couple to 83 US dollars (73,26 EUR) to decrease. It falls under this level, continuing the downward trend.