Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Yesterday, April 1, Bitcoin was hovering above $6,300 as the market moved up above the breakout level to reach $6,800. Above the breakout level of $6,400, the bulls were able to push the price upward. The bulls […]
Read moreBlockstale BTM, the firm that has launched the ATM in the Lagos state’s Dazey Lounge and Restaurant, plans to introduce more than 30 terminals throughout Nigeria. “Considering most of the regulatory concerns regarding digital currencies in Nigeria, Nigerians are the top cryptocurrencies merchants in Africa,” CEO and owner of Blockstale, Daniel Adekunle, informed the local […]
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• The price dropped below $6300 level after losing 3.49% today • Bitcoin resumes selling pressure after facing strong rejection at $6600 resistance • The next price target for Bitcoin is located at $6000. After opening short for the new month, Bitcoin lost 3.49% today to reach a current daily low of $6170 mark. As […]
Read moreKey Resistance Zones: 5900, 6000, 6100 Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: Bearish France 40 index is in a downtrend as the market reaches a low of 3750. The index is currently in an upward move because 3750 support is holding. The upward move is currently hampered by the resistance […]
Read moreKey Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bearish Litecoin is in a tight range and trading below $40 resistance. The bulls have broken the resistance line of the descending channel. LTC is still facing selling pressure despite breaking the resistance line. The breaking of the resistance […]
Read moreGBPJPY Price Analysis – April 1 The FX cross is presently stalled close to 134.00 sub-levels, for the 4th consecutive day in a row, having attempted to take out the price at 134.72 level. The Pound was under tension because Fitch reduced its UK long-term issuer default ratings to AA- from AA, noting the deterioration […]
Read moreXAUUSD Price Analysis – April 1 Gold price is trading 0.70% higher against the USD from yesterday’s close. The precious metal quickly reversed an early Asian session dip to levels around $1,573.05 region, and rather caught some fresh bids while recovering a part of the prior session’s sharp slide amid reviving safe-haven demand. Key Levels […]
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 went up again as the bears were unable to break the next support at $5892. The bulls were attempting to carry price above the breakout level of $6,400. Bitcoin has moved up but it is fluctuating […]
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