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The Daily Hodl
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Bitcoin Poised for ‘Historic Bounce’ – Plus Ripple and XRP, Ethereum, Litecoin, Tron, Stellar, EOS

by Daily Hodl Staff
March 21, 2019
in Altcoins
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

‎‎‎ ‏‏‎

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A technical analyst known in the industry as Crypto Thies told his 24,000 followers on Twitter that Bitcoin is set for a historic bounce. For now, he’s confident the price of BTC is set to rise, but cautions that traders always need to prepare for the worst.

“$BTC Volume MA is at historic bounce levels on the 1W. Volatility incoming. Confident in continuation to upside, although positioned to be fine in event of price dump. Always prepare for best and worst case. 1 bear thought I have, is a lack of sell climax thus far.”

$BTC
Volume MA (on bottom) is @ historic bounce levels on the 1W. Volatility incoming.

Confident in continuation to upside, although positioned to be fine in event of price dump. Always prepare for best and worst case.

1 bear thought I have, is a lack of sell climax thus far pic.twitter.com/hmpWojyRiN

— Parabolic Thies 📈 (@KingThies) March 19, 2019

Crypto trader Josh Rager told his 27,000 followers he thinks Bitcoin’s momentum will continue to hit a wall.

Rager equates BTC to the mythical beast Balrog from the Lord of the Rings, blocked by Gandalf who shouts, “You shall not pass $4,200.”

$BTC Weekly Chart

Gandalf is holding $BTC below the mid $4,200 level

Bitcoin shall not pass the current resistance

So my target for the next drop has an aim at previous support near mid $3,500s pic.twitter.com/BGUWMmAl4V

— Josh Rager 📈 (@Josh_Rager) March 20, 2019

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Ripple and XRP

Ripple’s unrelenting hiring spree is marching on. The San Francisco startup is now looking for an account manager, which is one of 52 open positions.

.@Ripple is #hiring a Account Manager! Apply today https://t.co/xXlFWSCIYp via @greenhouse #jobs #fintech

— Jim Chauncey-Kelly (@JChaunceyKelly) March 20, 2019

Meanwhile, XRP has been listed on the South African crypto exchange VALR, paired with Bitcoin and Ethereum.

You asked for it and we've heard you! #XRP trading is live on https://t.co/GLgcbtvSSq! 🎉🎉🎉🎉

And yes – Free trading is still on until 31 March.@Ripple #free #trading pic.twitter.com/5IMQ6UEVtb

— VALR (@VALRdotcom) March 19, 2019

Litecoin

Litecoin’s community on Reddit is celebrating a new milestone.

The Litecoin subreddit now has more than 200,000 subscribers – a 10x increase from two years ago, according to the Litecoin Foundation.

The Litecoin Subreddit has surpassed 200,000 Subscribers!https://t.co/dnkgByI6HW

— Litecoin.com (@LitecoinDotCom) March 15, 2019

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Stellar

IBM and Stellar have released a joint overview on the evolution of programmable money. The report highlights how stablecoins can be used to power cross-border transactions in real time.

You can download the report here.

Ethereum, EOS, Tron, Loom

Loom Network says it’s weeks away from launching integrations for Ethereum, EOS and Tron into PlasmaChain. The move will essentially allow developers to release decentralized apps on all three chains simultaneously.

“Developers can build their DApps once, and export them to all platforms simultaneously – much like how a mobile game developer would build their game once in Unity, and then export it to Android, iOS, Nintendo Switch, etc.

Users can access these DApps without leaving the comfort of the DApp ecosystem they’re already familiar with, and pay developers in their preferred currency of choice – be it ETH, EOS, TRX, or any ERC20 token.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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