Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish Undeniably, the bulls made two unsuccessful attempts at the $10,200 and were repelled. Bitcoin traded and fell to the low of $9,600 after the first failed attempt. The bulls pulled back and retested the $10,200 overhead resistance. […]
USDWTI Price Analysis – February 20 Black gold expanded the latest recovery momentum in the Asian session and renewed a three-week high of $ 54.08, reporting a slight increase at $ 53. In European trading this Thursday, as sentiment was raised due to concerns about interruptions in supplies, and decreased Coronavirus spread amid China’s preventative […]
Key Resistance Zones: $3.0, $3.50, $4.0 Key Support Zones: $2.50, $2.0, $1.50 QTUM/USD Long-term Trend: Bullish In its recent bullish move, QTUM reached a high of $3.0 but was resisted. The pair was resisted because it reached the overbought region of the market. Buyers are unavailable in the region to push the coin upward. Instead, […]
GBPJPY Price Analysis – February 19 The GBPJPY cross increased to fresh monthly highs, within the mid-143.00 levels, in response to higher-than-expected UK consumer inflation data. The movement may then set the scene for the expansion of the recent positive momentum of the pair. Key Levels Resistance Levels: 148.66, 147.95, 144.60 Support Levels: 140.83, 135.49, […]
XAUUSD Price Analysis – February 19 The XAUUSD pair advanced to the highest zone after January 8 at $ 1,611.07 level and passed the impressive interval of a fresh seven-year top. Although, due to the improvement in sentiment in the American session, the pair erased part of its prior profits and last traded at $ […]
Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bullish Recently, Litecoin reached a high of $84 in an upward move since on February 13. The coin traded and reached the overbought region of the market. In the overbought region, buying has been overdone. The upward move of […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin survived the downward move as price rebounded at the low of $9,600. After the rebound, BTC rose to a high of $10,200 and was repelled. BTC/USD pair is now fluctuating below the $10,250 resistance. The price […]
Key Resistance Levels: $24, $28, $32 Key Support Levels: $12, $8, $4 BTG/USD Long-term Trend: Ranging At the moment, Bitcoin Gold is in range-bound movement after the bear market. In retrospect, in June and July 2019, BTG was in a bull market as the bulls made three attempts to break the overhead resistance at $32. […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish Recently in February, the bulls broke the resistance at $0.28 and reached a high of $0.32. It was initially anticipated that if the price broke the resistance at $0.28, XRP would rally above $0.31. As price reaches a high […]
