Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 DASH/USD Price Long-term Trend: Bearish DASH is in a falling bullish wedge pattern. A falling bullish wedge opens wide at the top while it contracts as the price move lower. DASH has a similar pattern as the price fell from a lower high […]
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XRP has witnessed about -30% losses over the past weeks of trading. In fact, the bearish scenario could even become uglier if the supply remains heavy. At the moment, Ripple’s XRP trades at $0.212 after seeing an overnight loss of -2.66%. We can expect more bearish pressure if the sellers remain in the market. Ripple […]
Read moreSince the monthly short opening, Bitcoin has been relying on the $7200 support but has failed to bounce back due to low pressure in the market. A drive beneath the above-mentioned support may lead to a weakness in price. However, BTC dominance currently increased by 0.1%. We may see a bullish rally if the percentage […]
Read moreUSDCHF Price Analysis – December 3 The USDCHF pair recorded subsequent selling on Tuesday and plummeted to a low of almost fourteen days, underneath the level at 0.9900 in the most recent hour. Key Levels Resistance Levels: 1.0231, 1.0126, 1.0027 Support Levels: 0.9841, 0.9798, 0.9659 USDCHF Long term Trend: Bullish If the FX pair price […]
Read moreKey Resistance levels: $12, $14, $16 Key Support Levels: $6, $4, $2 NEO/USD Price Long-term Trend: Bearish NEO is presently falling as a result of its inability to hold above the $12 resistance level. The bulls made attempt twice at the $12 resistance but were repelled. The price drops to the low of $8.90 and […]
Read moreSuspicious activities have been observed in one of the addresses involved in the recent hack involving Upbit, which saw the perpetrators move about $50 million in Ethereum tokens to an unidentified wallet. Whale Alert, a statistical analysis website focused on tracking huge cryptocurrency transactions, alerted that a 10,000 Ethereum token (about $1.5 million) transaction was […]
Read moreThe trade war which had been between two top economies in the world, US and China had lasted for 17 months in which both countries slapped tariffs on their respective goods and this had raised several concerns of a global recession. In a recent twist of events, it seems there are new additions apart from […]
Read moreEthereum has seen a substantial loss of about -6% over the past five days of trading, making the token to trade at $148 at the moment. Meanwhile, the market is still very much on a six-month downward range. ETH is likely to remain bearish for the rest of the year if the buyers fail to […]
Read moreA data scientist at India’s Vellore Institute of Technology has developed a new technique for forecasting cryptocurrency prices in real-time through the use of a Long Short-Term Memory neural system. According to a news publication on the 2nd of December, Abinhav Sagar explained the process involved in using machine learning technology to forecast price movement […]
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