In less than 48 hours, the UK election will be held. There have been so many speculations but major polls conducted predicted conservatives win. If the predictions pull through, the British pound will most likely take an upward trend. Sterling has continued to gain strength in its Euro and dollar pairings in anticipation of conservatives […]
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 […]
Key Resistance Levels: $275, $300, $325 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Ranging Bitcoin Cash had been trading in the large price range between the levels of $200 and $240. Presently, the coin is now fluctuating at the bottom of the chart. In retrospect, the bulls break the $240 resistance line […]
Key Resistance Levels: $70, $60, $50 Key Support Levels: $50, $40, $30 LTC/USD Price Long-term Trend: Ranging Today, Litecoin is consolidating above $44 after falling to a low of $42. In retrospect, the bearish impulse in September reached the low of $55 and commenced a sideways move. The price corrected upward but was resisted at […]
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 […]
Cryptojacking is a known fraudulent activity where a hacker gains unsanctioned access to unsuspecting victims’ computers and mine cryptocurrency. The hackers do this by tricking victims into clicking a link which automatically loads a crypto mining code on the computer, or by embedding a JavaScript code into a website or an online ad which auto-executes […]
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 […]
USDCHF Price Analysis – December 10 The USDCHF has now fallen to its weakest level since November 4 near the low at 0.9851 level, which is the target. Falling for the second consecutive session on Tuesday, the pair remained under strong supply, dropping to new monthly lows, near the mid-level of 0.9800 level in the […]
