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.
Litecoin has seen a price gain of +0.57% in the last 24-hours, correcting to $50 at the moment. The recent bearish shock-wave is still affecting the market as the key resistance holds at $52-$53 price zones. Meanwhile, the crypto trading signals a low trading volume which is now above $2 billion with a market cap […]
While the bulls anticipated for a retest at $9000 resistance zone, Bitcoin caught traders unaware with a violent breach on $7700 support yesterday. Where erasing the memory of retesting the $9000, the $7700-$8000 price ranges are now key resistance zones for a possible retracement. Following a sharp rebound at $7300, Bitcoin is now waiting at […]
The $0.30 has become heavy resistance zones for Ripple’s XRP bulls to overcome since October 18. Notwithstanding, the market has seen significant volatility after a massive sell-off to $0.23 in late September. The latest bearish actions have brought the market down by -1.42% as more price drops could trigger a reversal soon. However, XRP is […]
Over the past five days, Ethereum has been trading below $180 following the October 11 huge sell-off at $196. ETH is currently roaming around the $173 after seeing a little price increase over the weekend, although the trend is still looking bearish on a medium-term. The ETH price appeared stable at the moment. We […]
Following the latest bullish swing, Bitcoin has again turned away from the $7700 short-term support and now roaming around the $8200. The yesterday’s bullish break gave the buyers another buying opportunity to $8600 which may occur in the next couple of hours if the buyers continue to show strong commitment. Meanwhile, Bitcoin is relying […]
After mounting support at $7700, Bitcoin is now caught in a consolidation mode for the past three weeks, although the price was rejected at $8800 October 11. The slight drop below $8000 has made the bears turn at the $7700 support on a third attempt. Bitcoin should bounce back to $8600 if the bulls can […]
The bears have continued to extend their stay in the market as Litecoin trades below the $60 which was rejected on October 9. At the same time, the latest price drop is keeping the market in a bearish condition. We can expect the bulls to gain control of the market if the crypto trading signals […]
Bitcoin (BTC) Price Analysis – October 14 Following last week unexpected rebound, Bitcoin touched $8800 after plummeting to $7733 support on September 24. But today, BTC dominance has dropped to 66.4% along with a current price reduction of -0.88%, making the market to trade below $8300 zone. This is due to the recent bearish interest […]
Bitcoin Cash (BCH) Price Analysis – October 11 Since the beginning of the month, the price of Bitcoin Cash has been stuck in a consolidation circle as a result of late September massive sell, although the market has been bullish on the lower time frame. On October 9, BCH price touched $241 and has now […]
