NEO Price Prediction: Long-term (NEO) Value Forecast – June 2

  • The long-term outlook is in a bullish trend.
  • The 1.618 in the fibs at $19.17 is the bulls target in the long-term.

NEO/USD Long-term Trend: Bullish

Supply zone: $20.00, $30.00, $40.00
Demand zone: $2.00, $1.00, $0.50

NEO continues in the uptrend in its long-term outlook. The strong pressure on the cryptocurrency by the bulls’ comeback at the 61.8 on 18th May has kept price up with new high each week. $12.59 and $15.04 in the supply area were the highs on 20th and 30th May respectively.


The new week is started on a bullish note with today’s opening candle at $13.72 higher than last week opening price at $11.45, an indication that the bulls are more in the market.

Price is above the two EMAs that are fanned apart which suggest strength in the trend and in this case the uptrend.

The journey to 1.618 of the fib extension with price at $19.17 in the supply area is the bulls target in the long-term as the bullish momentum increase and more bullish candle open and closed above the two EMAS.

The views and opinion as expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez M

TRON Price Prediction: Long-term (TRX) Value Forecast –June 2

Legit Reasons to Why Tron (TRX) is Growing in a Bear Market with New Additions & Increasing Numbers?
  • The bulls remain dominant in the long-term outlook.
  • Minor correction may occur at $0.04083 in the supply area before the bullish continuation

TRX/USD Long-term Trend: Bullish

Supply zone: $0.0800, $0.1000, $0.1200
Demand zone: $0.01000, $0.00800, $0.00600

Tron long-term outlook continues in a bullish trend. $0.03319 in the supply area predicted in last week analysis was hit on 27th May as the bulls stage a strong comeback.

The cryptocurrency rose to $0.03651 in the supply area before the bear took control of the market after the formation of a bearish doji on 28th May.

The bears dropped price to $0.2969 in the demand area and created a unique bullish flag on 30th May but a breakout to the upside occurred with an engulfing candle as price ended the week on a bullish note with price at $0.03928.


With price already up at $0.04083 in the supply area above the two EMA a retest of the area, the cryptocurrency was last year July 29th.

The bulls may sustain the momentum to the upside in the long-term as confirmed by the signal of the stochastic oscillator pointing up at 76%.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez M

Why is Bitcoin’s Price and Cryptocurrencies Expanding So Strong These Last Months?

Why is Bitcoin's Price and Cryptocurrencies Expanding So Strong These Last Months?
  • Digital currencies continue to expand in the cryptocurrency market
  • Bitcoin, Litecoin, Binance Coin and Tron are some of the best performing cryptos

Bitcoin (BTC) is getting close to $9,000 and the sentiment in the market remains very positive for several virtual currencies. However, not only is the price of Bitcoin currently in a gowing trend, there are other virtual currencies that are also showing their strengths, including Litecoin (LTC), Binance Coin (BNB) and Tron (TRX), among others.

Digital Currencies Continue To Expand

The virtual currency market is being flooded by positive sentiment due to different factors and announcements. Bitcoin has been receiving large amounts of funds from large investors, usually called whales, that are trying to store Bitcoin for the upcoming bull run.

After the spike that Bitcoin experienced a few days ago in which it surpassed $9,000, the network has seen nine large transactions. A whale moved over 27,000 BTC worth $236 million in separate transfers. However, one of these transactions of 1,500 BTC was transferred to a crypto platform. This could mean that the user was trying to sell the coins after this spike.

Litecoin is also moving forward. The digital currency has experienced a very large price increase since it bottomed in December 2018. Indeed, it grew over 420% since that moment, showing that there is a lot of buying pressure behind this digital currency.

The main catalyst behind this price increase in Litecoin is related to the fact that the digital currency is going to experience a halving as soon as in August 2019. Litecoin miners are going to be receiving 12.5 LTC per block when they currently receive 25 LTC. This is going to be very bullish for Litecoin’s price because there will be a slower issuance of LTC and if the demand for the virtual currency grows, the cryptocurrency is expected to register new highs.

At the same time, the Litecoin Foundation and developers are working in order to bring fungibility to Litecoin. This is also very positive for the digital asset and could help the digital currency to reach new users around the world.

Binance Coin, that has been created by the crypto exchange Binance, is also reaching new all-time highs. The digital asset moved from $4.5 to over $30 in 6 months. Binance has been working on different projects that give more utility to the virtual currency that now can be used to pay for fees at the Binance exchange, to power the Binance DEX, and to participate on the Binance Launchpad.

The digital currency could continue to grow in the future as analysts believe that the use cases related to it are going to increase.

Tron is also expanding in the market with an announcement that Justin Sun has recently made. He said that they will be informing the community about a project they are now working on and that it is related to BitTorrent (BTT).

Justin Sun is the CEO of Tron and BitTorrent. He is known for using social media in a very strategic way. He announces new partnerships, developments and how Tron and BitTorrent continue to expand around the world.

Currently, Bitcoin has a market capitalization of $154 billion and a price of $8732. Litecoin is the 6th largest crypto, it has a market capitalization of $7.17 billion and each LTC can be purchased for $115. Binance Coin comes after Litecoin in terms of market capitalization with a valuation of $4.73 billion. Each BNB can be purchased for $33.51. Finally, in the 10th position comes Tron with a market cap of $2.7 billion and price per coin of $0.04.

Bitcoin’s price is $8,748.36 BTC/USD exchange rate today. The real-time BTC market cap of $155.17 Billion currently ranks #1 with a chart dominance at 56.02%, daily trading volume of $5 Billion and live coin value change of BTC 2.12 in the last 24 hours.

Live Bitcoin (BTC) Price:

1 BTC/USD =$8,748.3608 change ~ 2.12%

Coin Market Cap

$155.17 Billion

24 Hour Volume

$5 Billion

24 Hour VWAP

$8.69 K

24 Hour Change

$185.4545

“}” data-sheets-userformat=”{“2″:14849,”3”:{“1″:0},”12″:0,”14″:[null,2,0],”15″:”Open Sans”,”16″:11}”>Bitcoin’s price is $8,748.36 BTC/USD exchange rate today. The real-time BTC market cap of $155.17 Billion currently ranks #1 with a chart dominance at 56.02%, daily trading volume of $5 Billion and live coin value change of BTC 2.12 in the last 24 hours.

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Author: Carl T

Bitcoin to Hit $400,000 BTC/USD Within the Next 10 Years if Pattern Continues

Bitcoin to Hit $400,000 BTC/USD Within the Next 10 Years if Pattern Continues
  • Bitcoin starts June at $8,500 and is currently at above $8,700 after a bit rocky ending of the “bullish” May month
  • BTC forms a technical pattern that occurred only 6 times in its history
  • Only three times ever the Top Goon X visited the lower red zone, last two times resulted in the surge of 5,000%

Despite experiencing instability in the past few days, Bitcoin is maintaining its bullish momentum as it starts June at $8,500 level. The last month tuned out to be the best month in a long time as it registered more than 60 percent gains.

Currently, the world’s top cryptocurrency is trading at $8,734 with 24 hours gains of 1.44 percent.

BTC/USD chart, Source: TradingView

Zooming out and looking at the price of Bitcoin in a one month period, we can see the leading cryptocurrency is in a firm uptrend despite seeing the recent bout of volatility that saw Bitcoin going from $5,300 to the highs of $9,000 only to see a drop of 12 percent.

This bullishness signals that a major uptrend is coming as crypto analyst, Josh Olszewicz took to Twitter to share how the recent technical pattern formed by Bitcoin has occurred only a handful of times.

He points out how 100 EMA/100 SMA crosses only happened 6 times in the entire history of Bitcoin which this time occurred on May 14th.

Bitcoin Trend Reversal and Continuation

According to the momentum based indicator Top Goon X indicator, if the pattern continues, Bitcoin could explode to $400,000 as shared in a recent tweet by cryptocurrency investor and stock trader NebraskanGooner.

While sharing the Bitcoin chart that depicts the parabolic rise of Bitcoin to $400,000 per BTC, crypto analyst NebraskanGooner shares how as shown by the black arrow, the trend reversed with the gains we saw in May month. By breaking above the lower red zone, we got the indication of a shift in the momentum.

This also shows the break in the trendline, shown by the red arrow, that leads to the market hitting the bottom both in 2015 and 2018. Last year, we saw BTC hitting the bottom at $3,150 from where it started surging in 2019. But the bull run got into effect when the surge in April started and further got driven by May’s monster rally.

NebraskanGooner points out how only three times ever the Top Goon X visited the lower red zone. The last two times it happened, Bitcoin gained about 5,000 percent in value once the minimum broke above the zone.

Though, in the short time, Bitcoin could see the drop, in 2021 as the green arrow shows, the uptrend will continue. The analyst further says we are still early in the uptrend and if Bitcoin sees another 5,000 percent rise, we would reach the level of per BTC to be worth $400,000.

Bitcoin’s price is $8,748.36 BTC/USD exchange rate today. The real-time BTC market cap of $155.17 Billion currently ranks #1 with a chart dominance at 56.02%, daily trading volume of $5 Billion and live coin value change of BTC 2.12 in the last 24 hours.

Live Bitcoin (BTC) Price:

1 BTC/USD =$8,748.3608 change ~ 2.12%

Coin Market Cap

$155.17 Billion

24 Hour Volume

$5 Billion

24 Hour VWAP

$8.69 K

24 Hour Change

$185.4545

“}” data-sheets-userformat=”{“2″:14849,”3”:{“1″:0},”12″:0,”14″:[null,2,0],”15″:”Open Sans”,”16″:11}”>Bitcoin’s price is $8,748.36 BTC/USD exchange rate today. The real-time BTC market cap of $155.17 Billion currently ranks #1 with a chart dominance at 56.02%, daily trading volume of $5 Billion and live coin value change of BTC 2.12 in the last 24 hours.

“}” data-sheets-userformat=”{“2″:513,”3”:{“1″:0},”12”:0}”>Today’s Bitcoin Price Analysis, Chart Forecasts and Industry News

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Author: AnTy