Market review, December 25, 2019

2019-25-12 15:02:08

The University of California at Santa Barbara (UCSB) has just finished its first accredited course focused on blockchain and distributed ledger technology.

This course was taught as a computer science class. It was organized at the request of the Blockchain Acceleration Foundation (BAF), which promotes the accelerated implementation of blockchain in various fields. BAF is composed of students, professors, crypto enthusiasts, and anyone interested in the mass promotion of DLT.

UCSB co-founder and Blockchain Acceleration Foundation president Cameron Dennis He believes that despite the growing popularity of blockchain, earlier UCSB students did not have the opportunity to learn more about the latest technologies until seminars were organized at the university. After lengthy negotiations, Dennis convinced the UCSB administration to hold a special course on computer science with a focus on blockchain.

“My goal with this course was to teach radically-curious computer science students about compelling blockchain use-cases that can disrupt society’s most entrenched institutions while revolutionizing corporate governance,” Dennis said.

Technical analysis of Bitcoin (BTC):

Over the past day, the price of bitcoin fell slightly to the support level of $7,160, and then it jumped to the resistance level of $7,250. Now, the price of bitcoin is $7,180. In our opinion, bitcoin will continue its negative movement. The nearest resistance levels are $7,200, $7,400, $7,450, $7,550, $7,640, $7,800, $7,900, $8,000. The nearest support levels are $7,160, $7,100, $7,000, $6,850, $6,400, $6,200, $6,000.

Technical analysis of Ethereum (ETH):

Over the past day, the price of ethereum fell to the support level of $123, and then it rose to the resistance level of $125. Now, it is $124. In our opinion, the price of ethereum will continue the negative movement. The nearest resistance levels are $126, $129, $132, $135, $138, $139, $141, $143, $145, $146, $147, $150. The nearest support levels are $123, $120, $116.

Technical analysis of Ripple (XRP):

Over the past day, the price of the ripple fell to the support level of $0.1860, and then it rose slightly. Now, it is $0.1870. In our opinion, the price of ripple will continue the negative movement. The nearest resistance levels are $0.1880, $0.1919, $0.1940, $0.1980, $0.20, $0.2040, $0.21. The nearest support levels are $0.1860, $0.18, $0.1870, $0.1750, $0.16.

Posted: 25.12.2019 | Korolowa Helena
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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