Key Resistance levels: $220, $240, $260 Key Support Levels: $160, $140,$120 BSV/USD Long-term Trend: Bearish Bitcoin SV was in a bearish trend until the market fell to a low of $80. The price consolidated above the support at $80 for a month before the price corrected upward. The upward movement was interrupted as the bulls […]
Key Resistance levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Bearish Early in November, the bulls were making impressive moves. Firstly, the bulls broke the downtrend line to resume a bullish movement. The second impressive move was inconclusive as the bulls fail to break the resistance at $0.08. The price tested […]
GBPJPY Price Analysis -November 20 During the last one month, the GBPJPY’s price has traded on the upside between the horizontal level at 141.50 and the level at 138.88 while testing the top and the bottom of the formed channel in a sideways trend. However, in today’s trading session, the FX pair has broken below […]
The United Kingdom has joined other territories in classifying cryptocurrencies as ‘property’. This new development was reported by the Times which stated that a legal committee led by the Chancellor of the High Court, Sir Geoffrey Vos, came to an agreement that poses considerable implications for the legitimacy of cryptocurrencies and assets in the country. […]
Key Resistance levels: $22, $24, $26 Key Support Levels: $12, $10, $8 BNB/USD Price Long-term Trend: Bearish Binance Coin has been falling for the past five days after the bulls fail to penetrate the resistance at $22. Since late October, the bulls have formed three tops while attempting to breach the resistance level. On each […]
USDCHF Price Analysis – November 19 The FX pair moved past the moving average 5 and 13 while breaking the horizontal zone on the key level at 0.9911 early during the European session, but could not sustain the momentum. As at the time of composing, USDCHF dived again below the key level at 0.9911. The […]
EURUSD Price Analysis – November 18 The bulls had full control today, moving the market up during the entire European session as the FX pair confirmed its breakout past the high of the prior session after trading up to 1.1068 above during the day. Key Levels Resistance Levels: 1.1501, 1.1412, 1.1278 Support Levels: 1.0989, 1.0879, […]
Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 ETH/USD Long Term Bias : Ranging The ETH/USD pair had been in a range-bound move after the last bearish impulse in August. In the first instance, the price made an upward correction which was resisted at the $220. Consequent to that, the coin […]
Key Resistance levels: $0.30, $0.35, $0.40 Key Support Levels: $0.20, $0.15,$0.10 ZRX/USD Price Long-term Trend: Bearish The ZRX/USD pair is in a downward move after the market retests the $0.30 price level. In October, the coin was in a bullish move and tested the $0.35 resistance level. The bulls tested the $0.35 price level again […]
