Bitcoin’s volume has been trading below $150 billion over the past few days due to liquidation which has stalled price movement below $7300 since Monday. Despite that, BTC dominance has continued to hold 66% of the market share for months. With the market cap statistics, there seems to be a sign of optimism from the […]
Following the recent positive move, Bitcoin has seen a quick gain of 1.77% in less than eight hours, making BTC trade at $7300 at the moment. Earlier today, the market was under a lot of bearish pressure but considering the latest buying that led to a channel breakout on the 15-minutes time frame; Bitcoin may […]
Key Resistance levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Bullish XLM has ended its bearish run as the bulls defended the support at $0.055. Today, Stellar is in a positive move to revisit the previous highs. On November 10, the bulls attempted to break the $0.080 overhead resistance but were […]
In a recent interview with Forbes Clem Chambers, CEO of investment website ADVFN.com, said that the last time he checked, there were about 350 available crypto exchanges, but that these exchanges were dying off. CoinExchage.io. is the most recent casualty amongst exchanges. The fallen exchange announced that it was economically impossible for it to continue […]
Bitcoin has staged support on $7000 for a while now but it may become weak if a bearish play occurs again. While staying on a six-month low of $6600, BTC may reverse if the channel pattern on the daily chart continues to hold price actions. For now, the $7400 resistance is still holding buying pressure […]
Bitcoin’s Lightning Network has taken a big step forward as a prototype after the Lightning Labs’ Lightning Network Daemon (LND) was launched this week. This software serves as a tool for developers to begin the creation of Lightning apps (Lapps) for the everyday Bitcoin user. What Exactly is the Lightning Network? For a basic understanding, […]
The $7300 – $7400 zones have become a tough resistance for Bitcoin to surpass since yesterday. The buying pressure has been almost halted, although there’s still hope for the bulls if BTC remains above $7000. Meanwhile, the six-month bearish bias is still dominant in the market but we may see a short-term bullish play to […]
USDCHF Price Analysis – November 26 The USDCHF reached a new daily high of the level at 0.9987 at the start of the European session but failed to maintain momentum as investors refrained from taking important positions pending further developments on the trade dispute between the United States and China. At the time of writing, […]
Key Resistance levels: $220, $240, $260 Key Support Levels: $160, $140,$120 BSV/USD Long-term Trend: Bullish Bitcoin SV is making a surprising upward move after surviving a downtrend from the overhead resistance at $150. The coin fell to a low of $92 and commenced a bullish move. The price upward move can be sustained if the […]
