Although it’s been over a decade since Bitcoin came into existence, most people today remain clueless about its operations. The primary question that people ask is: What is cryptocurrency? And although the answer can be complex, in simple terms, cryptocurrency is a digital asset that can be used as a medium of exchange during cryptographic […]
Bitcoin was a little more than an experiment when launched at the peak of the US financial crisis of 2008. The currency was a new form of a digital asset with no central governing authority or regulator. Instead, BTC relied entirely on a distributed ledger system and a network of peers in charge of keeping […]
ADA Price Analysis – November 17 The breakout at the resistance level of $0.11 may push up the price to the resistance levels of $0.13 and $0.15. In the same vein, the breakout at the support level of $0.10 may reduce the price to the support level of $0.08 and $0.07. ADA/USD Market Key Levels: […]
EURUSD Price Analysis – November 16 The market soared on COVID-19 vaccine news in the prior week as EURUSD posts fresh gains and risk-on weighs over the safe-haven greenback early on in the day. EURUSD trades in green in the 1.1850 neighborhood with its upside move staying unabated beyond the 1.1800 level as markets await […]
XAGUSD Price Analysis – November 16 Silver (XAGUSD) edges higher starting a fresh week, eyes beyond the $25 hurdle amid a broadly mild US dollar, and COVID-19 vaccine optimism. A sharp rally could be in the offing following a breach beyond $25, with a test of the critical $26 barrier inevitable. Key LevelsResistance Levels: $27.62, […]
NEO Price Analysis – November 16 Should the bulls push up the price above the resistance level of $16, then, the price may increase to $19 and $22 price level. In case the bears prevail and the price burst out at the support level of $13, the price will reduce to the $12 support […]
XRP/USD Market November 15 The price may reach the resistance level of $0.28 provided the bulls increase their pressure, in case the mentioned level does not hold the resistance level of $0.33 and $0.36 may be tested. Should the bears exert more pressure, the support level of $0.26 may be penetrated and the support levels […]
Coronavirus vaccine readiness news was the biggest market driver last week, reinforcing short-term risk sentiment. Subsequent price movements of the main world indices looked clearly corrective, creating the basis for further growth. The stock market has finally received the news it has been waiting for since the summer. Pfizer’s highly positive COVID-19 vaccine kicked off […]
GBPUSD Price Analysis – November 15 The GBPUSD pair is going into the weekly opening, trading a few pips beneath the 1.3200 level. Although the pair trades under the psychological 1.3200 level after having gained 80 pips to recover in the last session. The UK and the EU keep struggling to clinch a trade deal […]
