Price Analysis

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Bill Gates, a world-famous businessman and philanthropist and Microsoft corporation principal founder stated in an AMA session on Reddit yesterday, Feb. As our readers might have seen over the past few months, cryptocurrencies should be traded cautiously.

If one makes the right decision and trades using the chart patterns, trades can be profitable with a calculated risk.

Therefore, the aggressive traders should book profits on 50 percent of their positions at the current levels and hold the rest with a trailing stop loss. Until then, it is bulls advantage. We had expected Ethereum to break out of the day EMA and rally towards the resistance line of the descending channel. However, for the past two days, the bulls have failed to break out and settle at the moving average.

We are not sure whether the next move will be up or down. We had forecast a range bound trading action in Ripple in our previous analysis and the price action supports our view. If the bulls break out of the range, a move towards the day SMA is likely. Stellar is struggling to move up. This shows lack of buying even at the current levels. When the price fails to bounce off strong support levels, it is a sign of weakness. Both the moving averages have also turned down, which shows that the bears are in command.

Currently, it is trading close to the day EMA, which should provide support. We had suggested closing our aggressive long positions for Cardano in our previous analysis, and it turned out to be the right decision.

The only silver lining is that the RSI is showing signs of positive divergence. However, we shall bitcoin ethereum bitcoin cash ripple stellar litecoin cardano neo eos price analysis march 8 venture to buy it until the price climbs above the day EMA and the downtrend line. EOS broke out of the downtrend line yesterday, Feb. It has formed a symmetrical triangle. The next leg of the uptrend or downtrend will start once the price bitcoin ethereum bitcoin cash ripple stellar litecoin cardano neo eos price analysis march 8 out or breaks down of the triangle.

We only should turn bullish on it after it sustains above the day SMA. Your email address will not be published. Leave A Comment Cancel reply Your email address will not be published.

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This is a list of cryptocurrencies. From Wikipedia, the free encyclopedia. Cryptocurrency with the most famous, popular, notable and highest market capitalization.

First block chain to support currency creation by interest paid on debt. Solidus Bond proto smart-contract. One of the first digital coins patented in the US. First block chain to support encrypted mail with attachments. Not based on bitcoin. It is commonly used to convert other cryptocurrencies to USD. Retrieved December 31, A Brief Thematic Review. Economics of Networks Journal. Date accessed August 28, Retrieved January 24, Retrieved January 14, A guide to some other crypto currencies".

Association for Computing Machinery. Retrieved July 24, Accessed December 28, Retrieved December 14, Archived from the original on Retrieved November 14, Retrieved April 9, Retrieved April 11, Using the Blockchain for Good".

Retrieved January 20, Retrieved January 18, Mining Crypto currency with a Purpose". Retrieved January 15, Archived from the original on February 3, Retrieved December 21, The Wall Street Journal.

Retrieved October 13, Retrieved November 13, Retrieved June 18, Retrieved November 18, Grayscale launches digital-currency fund backed by Silver Lake's co-founder Hutchins".

Retrieved April 27, Retrieved December 27, Retrieved October 20, Retrieved September 14, February 10, — via GitHub. Retrieved January 11, Retrieved January 13, Proof-of-authority Proof-of-space Proof-of-stake proof-of-work.

Dogecoin Gulden Litecoin PotCoin. Dash Decred Primecoin Auroracoin. IO Gridcoin Nxt Waves. Anonymous Internet banking Bitcoin network Complementary currency Crypto-anarchism Cryptocurrency exchange Digital currency Double-spending Electronic money Initial coin offering Airdrop Virtual currency.

Retrieved from " https: Wikipedia indefinitely semi-protected pages Use mdy dates from January Articles containing potentially dated statements from April All articles containing potentially dated statements.

Views Read View source View history. This page was last edited on 7 May , at By using this site, you agree to the Terms of Use and Privacy Policy. Satoshi Nakamoto [nt 1]. SHA-2 56d [6] [7]. The first decentralized ledger currency.

The first cryptocurrency to use Scrypt as a hashing algorithm. Vincent Durham [11] [12]. Also acts as an alternative, decentralized DNS. First digital coin with theoretical value based on the work required to produce electricity. First cryptocurrency based on the CryptoNote algorithm.

Focused on user privacy through impassive and anonymous transactions. Sunny King pseudonym [15]. Trusted storage for any small data: The first cryptocurrency linked to citizen science through the Berkeley Open Infrastructure for Network Computing [28] [29]. Uses the finding of prime chains composed of Cunningham chains and bi-twin chains for proof-of-work, which can lead to useful byproducts.

Ripple [32] [33] [34]. Designed for peer to peer debt transfer. Specifically designed as a flexible platform to build applications and financial services around its protocol. Baldur Odinsson pseudonym [40]. Used American hip hop artist Kanye West as its mascot, abandoned after trademark lawsuit. A bitcoin -based currency featuring instant transactions, decentralized governance and budgeting, and private transactions. Privacy-centric coin using the CryptoNote protocol with improvements for scalability and decentralization.

Scala , Java [52]. The first cryptocurrency to be nominated for a major adult industry award. Open-source, decentralized global financial network. Supports Turing-complete smart contracts. Jan Ludovicus van der Velde [68]. Scala , JavaScript [73]. Open blockchain platform, featuring token creation, distributed exchange and fast, high volume, transactions designed for ease of use [74] and mass adoption. Feeless Smart contract platform for decentralized applications and decentralized autonomous corporations with a block time of ms.

KodakCoin is a "photographer-centric" blockchain cryptocurrency used for payments for licensing photographs. First cryptocurrency backed by Venezuela 's reserves of oil.