Market Quotes by TradingView
cryptocurrency buzz A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. The first cryptocurrency to be created was Bitcoin back in 2009. Today there are hundreds of other cryptocurrencies, often referred to as Altcoins.
Unlike centralized banking, like the Federal Reserve System, where governments control the value of a currency like USD through the process of printing fiat money, government has no control over cryptocurrencies as they are fully decentralized.
Most cryptocurrencies are designed to decrease in production over time like Bitcoin, which creates a market cap on them. That’s different from fiat currencies where financial institutions can always create more, hence inflation. Bitcoin will never have more than 21 million coins in circulation. The technical system on which all cryptocurrencies are based on was created by Satoshi Nakamoto.
Monero prediction Monero XMR/USD is trading at the level of 87. Cryptocurrency is trading below the lower boundary of the Cloud of Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for Monero. Ichimoku Kinko Hyo Cloud near the level 90 is expected to be tested near the level of 90, where we expect a rebound
Zcash ZEC/USD is trading at 228. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Indicator Cloud, indicating a bearish trend for Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 230, from which one should expect a rebound and an attempt to further fall below the level of
Ripple prediction Ripple XRP/USD is trading at the level of 0.2158. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ripple. The test area of the Ichimoku Kinko Hyo signal lines near the level of 0.2250 is expected, from which it is expected to rebound and drop the cryptocurrency
Litecoin forecast Litecoin LTC/USD is trading at 55. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near level 54, from which one should expect a rebound and an attempt at LTC/USD growth with a target
Ethereum prediction Ethereum ETH/USD is traded at the level of 296. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a downward trend in Ethereum. The test area of the Ichimoku Kinko Hyo signal lines near level 310 is expected, from which we should expect a rebound and