Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish The bulls have finally broken the resistance at $0.18 as price reaches the high of $0.1990. Ripple has been in consolidation between $0. 12 and $0.17 since March 12. Presently, the upward move is facing resistance at $0.1990. This […]
Read moreMicrosoft, a tech company, has licensed a new crypto mining technology that uses data on human body behavior to compensate people with digital currencies while executing specific functions. As shown in a study published on April 6, 2020, the company says the new technology aims at reducing computing energy consumed while mining, thus allowing the […]
Read moreEURUSD Price Analysis – April 6 The EURUSD currency pair stabilized throughout the 1.0780 regions during its last preceding trading session up to this point. The pair retained its consolidation even since early Monday. fThis Monday, a light of optimism is raising optimism while EURUSD was unable to take any notice of the fair sentiment. […]
Read moreUSDWTI Price Analysis – April 6 West Texas Intermediate (WTI) oil is priced in red on Monday after hitting a $29.11 level as the emergency session of OPEC+ has been delayed. The drop may also be related to Saudi Arabia and Russia’s decision to delay the scheduled emergency session until Thursday to negotiate production cuts. Key […]
Read moreKey Resistance Zones: 12800, 13200, 13600 Key Support Zones: 11600, 11200, 10800 Germany 30 (DE30EUR) Long-term Trend: Bearish Germany 30 is currently in a bear market but seems to have exhausted selling pressure. Consequently, the 8000 support has been holding since March 19. The bulls made an upward move but face resistance at 10000. The […]
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• Bitcoin broke out from a 4-hour triangle but the bullish sentiment is still shaky under $7285 • If the price closes above $7000 today, Bitcoin could hit $8000 on a short-term rally. After April 2 fakeout, Bitcoin traded sideways for three days and reclaims the $7000 spot today, following a nice 6% growth over […]
Read moreKey Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Ranging Ethereum has made an impressive move as bulls break away from the range-bound zone of $120 and $140. The upward move is likely to continue if the bulls sustain the price above the range-bound zone. Unfortunately, the bulls are […]
Read moreKey Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Bitcoin has been ranging above $6,800 for the past three days. On March 3, the market reached a higher of $7,049.10 after a rebound from the previous low of $6,180. The bears defended the $7,000 overhead resistance […]
Read moreIn November 2019 Chinese doctors diagnosed the very first incident of COVID-19. Instead of being communicated with the international community, the Chinese Government restricted information about the disease outbreak. More than 66,500 people have died worldwide afterward. While the outbreak has brought considerable disruption to the international economy, this has also motivated the crypto-mining industry […]
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