Bitcoin Diamond Price Prediction Today: Daily (BCD) Value Forecast – June 5

  • The coin is trading between the levels of $0.800 and $1.400.
  • However, a bullish break at the upper price range will propel the crypto to rally above $1.600 price level. On the other hand , a bearish break at the lower price range will depreciate the coin to a low at $0.600 price level.

BCD /USD Medium-term Trend: Ranging

  • Resistance Levels: $1.200, $1.400, $1.600
  • Support Levels: $1.00, $0.800, $0.600

Yesterday, June 4, the price of BCD was in a sideways trend. The coin is trading between the levels of $0.800 and $1.400. On April 4, the bulls tested the upper price range and were resisted. On May 9, the price fell to the $0.800 lower price range. On May 30, the bulls tested the upper price range and were resisted.

The price fell back to the range bound zone. In the interim, traders can trade a ranging cryptocurrency pending the time the crypto commences a bullish or bearish trend. A trader can initiate a short trade at the upper price range. Also, you can initiate a long trade at the lower price range. At maturity, short trades should be exited near the support zone.

Similarly, long trades should be exited near the resistance level. By so doing partial profits could be earned. However, a bullish break at the upper price range will propel the crypto to rally above $1.600 price level. On the other hand , a bearish break at the lower price will depreciate the coin to a low at $0.600 price level.

BCD/USD Short-term Trend: Bearish

On the 1-hour chart, the price of BCD is in a sideways trend zone. The 12-day EMA and the 26-day EMA are sloping horizontally. The crypto’s price is in a tight range between the levels of $1.3500 and $1.400.

On June 3, the bears broke out of the range bound movement. The crypto’s price fell to the support of $1.1500 price level. Meanwhile, the price of BCD is in the oversold region of the daily stochastic but above the 20% range. This means that price is in a bullish momentum and a buy signal.

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.

Read Original/a>
Author: Azeez M

HOLO Price Prediction Today: Daily (HOT) Value Forecast – June 5

Non-Blockchain-Protocol-Holochain-HOT-Reveals-New-Rust-Client-to-Siphon-Ethereum-dApp-Developers
  • The short-term outlook is in bearish trend while the medium-term outlook is in a range-bound market.
  • Patience should be exercise trading the consolidation.

HOT/USD Medium-term Trend: Ranging

Supply zone: $0.004000, $0.006000, $0.008000
Demand zone: $0.001400, $0.001200, $0.001000

Holo continues in a range-bound market in the medium-term outlook. The bearish railroad formation during yesterday session signaled the bears returned. This led to the break at the lower demand area of the range.

$0.001725 was the low of yesterday session with a bullish hammer formation suggesting the bulls are back.

Today’s 4-hour candle at $0.001846 was bullish spinning top thus confirming the bulls takeover. Price rose to $0.002030 in the supply area as the cryptocurrency returns within the range.

Price is above 10-EMA and the stochastic oscillator signal points up at 29% suggesting upward price movement within the range.

HOTUSD is in consolidation and trading between $0.002500 in the upper supply area and at $0.001900 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower area may occur hence patience is required to allow this to happen before a position is taken.

HOT/USD Short-term Trend: Bearish

The cryptocurrency is in a bearish trend in the short-term outlook. The lower demand area at $0.002030 was broken on 4th June with a large bearish candle.

HOTUSD dropped to $0.001725 in the demand area.

The journey down south is just beginning and $0.001600 in the demand area may be tested due to resistance at the broken demand area now support area.

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.

Read Original/a>
Author: Azeez M

DECRED Price Prediction Today: Daily (DCR) Value Forecast – June 4

Decred Outlines Decentralized Exchange Plans
  • The short and medium-term outlook is in a downtrend.
  • Selling at key areas may be considered.

DCR/USD Medium-term Trend: Bearish

Supply zone: $30.00, $35.00, $40.00
Demand zone: $15.00, $10.00, $5.00

DCRUSD is in a bearish trend in the medium-term outlook. The break of the two EMAs by the bearish candle shortly after yesterday opening at $28.53 was a confirmation of the bears’ takeover of the market.

The cryptocurrency dropped to $27.16 in the demand area before bearish flag formation that led to a further drop to $26.30 before the end of the session.

The bears continued to push price further downward as today session opened on a bearish note at $26.72. Increased pressure led to a further drop to $25.29 created the second flag and the bears returned for another drop to $24.69 in the demand area.

The third bearish flag is currently unfolding which may also return the bears for another drop to the south with $23.00 as the initial target in the medium-term.

DCR/USD Short-term Trend: Bearish

The journey down south by the bears began as the market opens yesterday 3rd June with a bearish candle at $29.15. The cryptocurrency fell to $27.13 as the low of the day before the end of the session.

Todays saw session was dominated by the bears with a large bearish candle at $27.88. DCRUSD was down initially at $25.29 and created a flag. Increased bearish pressure led to the break from the flag and price dropped $24.69 in the demand area.

Currently, a flag is been created which was necessary for the market correction and to confirm the downtrend continuation.

Please add a valid coin_id. You can get it from coin page’s url (slug or short name).

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.

Read Original/a>
Author: Azeez M

ANGUR Price Prediction Today: Daily (REP) Value Forecast – June 4

Augur (REP) Decentralized Prediction Markets Will Be Extremely Difficult to Stop from Existing
  • The short and medium-term outlook is in a bearish trend.
  • More sellers may take a position in the medium-term.

REP/USD Medium-term Trend: Bearish

Supply zone: $20.00, $22.00, $24.00
Demand zone: $10.00, $9.8.0, $9.60

AUGUR is in a bearish trend in the medium-term outlook. $18.40 in the demand area was yesterday low as the bears’ pressure on the cryptocurrency before the end of the session.

Today’s 4-hour opening candle at $18.40 was a bearish marubozu suggesting bears full market domination. REPUSD dropped initially to $17.51 and later to $16.88 in the demand area after a brief flag formation.

A minor flag may be formed before the bears continued the journey down south.

With price below the two EMAs that area fanned apart and the signal of the stochastic oscillator pointing down at 11% in the oversold region, it suggests downward movement in price due to bearish momentum.

REP/USD Short-term Trend: Bearish

Today’s 1-hour opening candle at $19.21 was large and bearish. REPUSD dropped to $17.76 and created a descending channel which was a signal for the bearish continuation. A large bearish candle at $17.86 broke out of the channel with a further drop to $16.88 in the demand area.

A minor correction is necessary to confirm the bearish continuation. $15.00 is the bears’ initial target in the short term as more candles opened and closed below the two EMAs.

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.

Read Original/a>
Author: Azeez M

BINANCE COIN Price Prediction: Long-term (BNB) Value Forecast – June 2

Binance Coin (BNB) Up $300 Million in 5 Days, Path to $26?
  • The bulls sustained momentum in the long-term outlook.
  • $44.00 in the supply area is on the card.

BNB/USD Long-term Trend: Bullish

Supply zone: $50.00, $70.00, 90.00
Demand zone: $10.00, $8.00, $6.00

BNBUSD is in the bullish trend in its long-term outlook. The bullish momentum was briefly lost on 26th May after a steady increase in price to $38.64 in the supply area. The drop in price to $29.83 in the demand area was initiated by the bearish spinning top.

$29.64 in the demand area was the low of the week at the lowerline of the channel as the candle closed with a wick an indication of exhaustion.


A bounce to the upside is most expected. The confirmation with the bullish hammer closing above the 10-EMA was most suitable on 31st May. Increased bullish momentum the candle pushed price back up to $34.67 in the supply area.

$44.00 in the upper line of the channel is the bulls’ initial target in the long-term.

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.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

Read Original/a>
Author: Azeez M

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

Zcash-Fixes-And-Discloses-Vulnerabilities-That-Would-Allow-For-Infinite-ZEC-Counterfeiting
  • The journey to the north may be sustained with strong bullish pressure.
  • $100.00 in the supply is the bulls first target in the long-term.

ZEC/USD Long-term Trend: Bullish

Supply zone: $120.00, $140.00, $160. 00
Demand zone: $50.00, $40.00, $30.00

The long-term outlook of ZCASH is uptrend. The bullish spinning top on 23rd May formed after bearish exhaustion at $67.74 in the demand area signaled the bulls returned. The cryptocurrency was up at $89.23 in the supply area with a large engulfing candle on 23rd May.


The week ended on a bullish note after price rose to $97.95 in the supply area due to increased bullish momentum. The cryptocurrency was at this supply area on 29th November 2018, almost six months ago.

Price is above the two EMAs and the stochastic oscillator is up at 62%. These suggest strong bullish momentum to the upside.

A breakout at $100.00 in the supply area and a subsequent retest may occur in the long-term

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.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

Read Original/a>
Author: Azeez M

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.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

Read Original/a>
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.

Read Original/a>
Author: Azeez M

Jay Clayton and Crypto Mom Urge SEC to Keep an Open Mind About New Technologies

Jay Clayton and Crypto Mom Urge SEC to Keep an Open Mind About New Technologies

The Securities and Exchange Commission (SEC) is having its first FinTech Forum at the agency’s headquarters in Washington, D.C., where they discussed a range of issues related to digital assets and distributed ledger technology (DLT). The speaker roster includes a dozen legal, financial and technical experts, as well as several key SEC officials.

Jay Clayton, the chairman of SEC has been slowly taking a liking to blockchain technologies. He said:

“There are many challenges in the space and the main way to tackle them is through engagement. We should also take into account what we have done earlier and compare that with what we are trying to achieve now. At the commission, what drives innovations is assessing the industry and competition.”

Clayton shows that the agency is committed to improving compliance in the space in all the country. Earlier this year, the Securities and Exchange Commission released guidance on determining whether some digital assets are investment contracts or not.

At the same panel, Clayton was accompanied by Commissioner Hester Peirce who echoed the same sentiments but was more cautious.

“We need to keep an open mind about Fintech which might mean that we need to reconsider technologically outdated assumptions that underline currency laws. Fintech can mean many things to many people and its effect on how investors communicate with each other and transmit activities are important.”

The mere fact that the SEC is engaging with the crypto industry at all is promising, the mere fact that the SEC is engaging with the crypto industry at all is promising. The SEC is opening a two-way communication flow: market participants are able to express their views, but the SEC is also able to explain why it is approaching regulation the way it is.

“}” data-sheets-userformat=”{“2″:513,”3”:{“1″:0},”12”:0}”>Latest Cryptocurrency Legal Updates and Industry News

[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.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \ Investment Disclaimer

Read Original/a>
Author: Sritanshu S