Building the Next Wave of Web 3.0

Bitcoin price sold off from just below $450 to $430. The market may be wondering whether this is the start of a downtrend, but wave analysis shows that the advance has more upside in store. A sell-off has drawn a long red candle in the price chart and retraced advance since Friday. According to the wave count in the chart, bitcoin price is apparently extending its 5th waves and has just completed wave 3 of the larger advancing wave. The current sell-off would count as wave 4, and that implies another advancing wave – wave 5. The 4th wave (today’s sell-off) had targeted the area (magenta....

Bitcoin price keeps consolidating in a narrowing price range. Although there is a breakout building pressure in the chart, there is not yet any technical evidence of the eventual direction. The rounded price wave formed over the past two days has begun breaking down and we watch to see if the market will sell price back into the blue support zone. If price is held above the 200MA (red, near $655 Bitstamp) then there is the opportunity that this wave can continue higher. Below the 200MA there is an additional potential bounce level at $640, at which a base wave may complete and then advance....

G. Heni is Chief Communication Officer at the newly launched French Bitcoin exchange Bitcoin-Wave. In an interview with CoinTelegraph, the executive shares his company incentives and motivations, and discusses its future plans, as building the largest Bitcoin e-commerce platform in the world, while offering a full package for traders, made of in-house applications only. CoinTelegraph: Bitcoin-Wave is new Bitcoin exchange 100% made in France. What is the story behind Bitcoin-Wave? G. Heni: The Bitcoin-Wave website was launched on October 21, 2014, so the site itself is very young still.....

The price of XRP, the native token of RippleNet, has been caught in the crosshairs of a bearish crypto market. Currently trading below the crucial $0.50 mark, XRP seems to be following the broader market trend. However, a recent analysis by market analyst Tylie Eric throws a glimmer of hope for XRP holders, predicting a potential price surge based on a technical indicator. Related Reading: Toncoin Transfer Volume Hits $10 Billion, Social Appeal Soars Understanding Elliott Wave Theory Eric argues that XRP’s price movements might be following a historical pattern known as the Elliott....

The market is continuing to break down as we have been expecting on these pages for the past several weeks. While I believe that the bear market will come to an end rather soon, I also anticipate that the market may finish its bear season with a vicious roar. I have stated on more than one occasion that I suspect that $316 will hold (on a daily closing basis). However, it would not surprise me if there were to be an intraday spike low that reached lower in the days ahead. For Elliott Wave reasons, I would be VERY surprised if the price went below $266, even briefly. Elliott Wave has but a....