Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.
Ethereum, the second-largest cryptocurrency by market cap, has continued to show a sign of weakness over the past days following November 25 recovery from $133 to $159 on December 4. Against Bitcoin, Ethereum is following the same trend. However, a bullish move is likely to play as soon as the bulls step back in the […]
Since November 25 rebound, the $7000 support has continued to shield Bitcoin from falling, although the support is likely to collapse if the price keeps testing the area. Meanwhile, BTC is facing a critical resistance at $7200 for some days now. Considering the tight ranges of $7000 – $7200, Bitcoin’s price is fragile. Anytime from […]
Trading cryptocurrencies can be quite boring at times, especially when trading volumes becomes very low. Most of the time, lack of interest in trading is caused by insignificant price volatility which could position the market in either a squeeze or a consolidation mode. Recently, Bitcoin trading has suffered a lot of volatility to the downside, […]
Out of the top ten crypto projects, Bitcoin Cash has shown a nice but small recovery of 3% under 24-hours. Amidst the bearish trend, the bulls have tried to push the BCH price to $211 at the moment. BCH is currently the fifth-largest cryptocurrency by market cap, although we can expect the price to […]
Since December 1, the value of Litecoin has substantially depreciated, losing almost 10% from its monthly opening price. As of now, LTC trades at $43.7 after dropping from a daily high of $44. Litecoin is currently the 6th best-performing cryptocurrency with a market cap of $2.7 billion which is quite low compared to when it […]
One of the trusted, reliable and most-secure wallets in the crypto space, Blockchain has recently announced a new token (DGLD) listing on its native crypto trading exchange, THE PIT. The news, which was spread a few hours ago on one of the social media, twitter handle. Using cryptocurrency and blockchain technology, the Digital Gold token […]
Earlier today, we have seen Bitcoin’s price dropped to $7100 (Bitfinex) due to liquidation from sellers, but followed by a quick buy to $7200. Though, the sellers are still pretty gaining dominance. Considering the recent bounce at $7100, Bitcoin is slowly recovering on the lower time frame. A possible correction may reach $7600. Otherwise, Bitcoin […]
From $150 this week, Ethereum fell sharply to $139 after recording 8% loss. Following a small recovery, ETH is currently priced at $143 with a total market cap of $15.6 billion and a volume valuation of $7.5 billion. Ethereum is still trapped in a six months bearish trend and has continued to rally downward for […]
Binance Coin has suffered from weak price volatility for some days now, resulting in a strong bearish action in the market. Due to this, the token is trading below $16 since the market opens for the week. BNB now trades at $14.7 price levels but the bearish outlook signals a more downward range. However, the […]
