Market review, February 14, 2020

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2020-02-14 14:01:20

Mastercard, the innovative divisions of Ripple and Binance, and eight other companies have joined the Alliance that supports blockchain education at universities around the world. MouseBelt Blockchain Accelerator announced that it had accepted 11 founding members to its Blockchain Education Alliance. In addition to Mastercard, Ripple, and Binance, the Alliance included representatives of Neo, KuCoin, and the Matic Network. They will join 13 companies, including Stellar, TRON, and Wanchain, which have already become part of the Alliance since its inception last October.

The Blockchain Education Alliance is part of the MouseBelt University program. Alliance members provide funding and educational resources that help students and teachers develop curricula and keep abreast of the latest developments in the industry.

"All members of the alliance share our commitment: the best way to invest in the industry is to make long-term investments in education," said Ashlie Meredith, director of MouseBelt University. "The better the education, the higher the level of future developers and projects."

The Alliance started with 13 universities in North America, but has expanded and now has relationships with about 70 universities in the Americas, as well as in Asia and Europe.

Technical analysis of Bitcoin (BTC):

Over the past day, the price of bitcoin grew to the resistance level of $10,400, then it fell to the support level of $10,070. Now, the price of bitcoin is $10,190. In the future, we expect the continuation of the downtrend. The nearest resistance levels are $10,200, $10,500, $11,000, $11,500, $12,000. The nearest support levels are $10,070, $10,000, $9,700, $9,450, $9,200, $9,000, $8,720, $8,500, $8,380, $8,250.

Technical analysis of Ethereum (ETH):

Over the past day, the price of ethereum rose to the resistance level of $272, then it dropped to the support level of $259. Now, the price of ethereum is $267. In the future, we expect the continuation of the downtrend. The nearest resistance levels are $270, $275, $280. The nearest support levels are $257, $255, $250, $245.

Technical analysis of Ripple (XRP):

Over the past day, the price of ripple fell to the support level of $0.3090. Now, it is $0.3250. In the future, we expect the continuation of the negative movement. The nearest resistance levels are $0.3325, $0.34. The nearest support levels are $0.31, $0,30, $0,29.


Disclaimer. This review is only for information purposes and cannot be considered as a proposal or an indication to perform certain transactions in the financial and commodity markets. The estimates and recommendations in the review are the personal opinion of the company's analysts. The company's view on the prospects for individual financial instruments is valid as of the date of the report. The Company does not assume any liability and liabilities for compensation for damage that may result from the use of this report.
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