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.
Over the past months, Bitcoin has continued to show a strong sign of weakness after hitting a year-to-date high of $13700 in June. Following the mid-year year bearish market, Bitcoin has seen a 52% downward correction to as low as $6600 before bouncing back to where it’s currently trading at $7200. This week, after touching […]
Since the weekly opening, Ethereum has been seen a substantial drop, making the token to loss 7% of its value. From this week high of $153, the second performing cryptocurrency now trades at $146 with a market cap of $15.9 billion. Today, ETH is down by 0.57% but it could recover as soon as the […]
One of the major challenges in trading cryptocurrencies is the sudden price surges that mostly cause a serious loss, especially when the market moves unexpectedly in the opposite direction. This is mostly subjected to a price manipulation from the big traders due to FUD or high negative news impact. MATIC Network Tanks By 70% Today […]
Following the latest decline in the market, Bitcoin is currently correcting loss of -2.84% and causing the BTC price to drop at $7300 at the moment. As of now, the entire crypto market cap is below $200 billion with BTC dominance of 66.8%. The downward price shift might become strong if the Bitcoin dips below […]
Since our previous crypto trading signals, Ripple’s XRP price continues to revolve around the $0.23 owing to a low amount of volumes in the market. The 4 days price increase was counter by a selling pressure which is currently dominant. XRP may resume the positive move if the market can locate near support. Otherwise, the […]
After recording a yearly high at $147 on June 22, Litecoin’s price saw a six-month decline, bringing the price all the way to a current trading price of $44. The mid-year bearish correction has amounted to about -65% losses. Up until now, the sellers are still gaining control of the market on a long-term perspective. […]
Since the beginning of the month, the Bitcoin’s volatility is seriously shrinking and subdued with choppy price actions. Meanwhile, we may experience a big shock wave soon. Looking at the price chart, it appeared that Bitcoin could make a heavy surge to the upside. Though BTC price is still trading around $7500 for the past […]
Since our previous crypto trading signals, Bitcoin has been stuck in a tight range of $7300 – $7400 price areas. There’s a high tendency for a price explosion any time from now as the market could move either way. But for now, there’s no clue of where Bitcoin could be heading next. However, looking at […]
Ethereum has been trimming loss since the market recovers from a low of $131 to $159 in late November. Currently, ETH has become weak for past days and its price has now dropped to $148. However, we can expect the second-largest cryptocurrency to correct gains as soon as the buyers turn back active in the […]
