Bitcoin has been under a lot of bearish pressure over the last few days, making the price to now trade near the $8600 support zones. It may become devastating if BTC price drops below the current support as $8000 could play out in no time. But if the buyers can regroup well, Bitcoin may reclaim […]
In the news this week, Japan released its 3rd quarter GDP figures while Australia also released its October employment figures. Earlier today, China released its industrial production figures for October. Powell’s much-anticipated testimony to Congress on the U.S. economy also had an impact on the market. By analyzing the inflation figures published in Australia in […]
Key Resistance levels: $20, $24, $28 Key Support Levels: $12, $8, $4 BNB/USD Price Long-term Trend: Bullish Binance Coin has been in a bullish trend after the last bearish impulse in September 24. The market fell to a low at $16 and resumed an upward trend. Presently, it is facing resistance at the $21 price […]
Bitcoin has been in a range-bound for about two days now and it appeared the bearish sentiment could continue shortly. This time, BTC trading may witness an ugly scenario if the supply remains heavy at $8880. However, if the price eventually falls, Bitcoin would possibly find a new bottom at $8500. Above all, the market […]
GBPJPY Price Analysis – November 13 GBPJPY is trending within the prior day’s range after its unable to build on its gains recent gains as the sellers tried to take advantage and may end the day below its opening price but in a lackluster momentum. Key Levels Resistance Levels: 148.66, 146.57, 141.50 Support Levels: 135.49, […]
The preceding Fed Chair of the United States, Alan Greenspan has expressed his opinion on Central Bank issued Digital Currencies, saying there was “no point” to it. Alan made this remark at a conference organized by the Chinese Financial Magazine Caijing on the 11th of November. Alan’s opinion was based on the premise that fiat […]
The trade war between two macro economies, U.S and China which had lasted for 16 months in which both countries slapped tariffs on their respective goods seemed to make a headway last few weeks when reports came through that the two countries were nearing a preliminary phase of the trade deal and the tariffs on […]
Following the latest price actions, Bitcoin has been trading below the $8800 resistance over the last 24-hours and has similarly held support at $8600. Due to the selling pressure, Bitcoin’s market cap is valued at $158.6 billion with a trading volume of about $18.7 billion. We can expect a heavy price fall if the bears […]
Key Resistance levels: $220, $240, $260 Key Support Levels: $160, $140,$120 ETH/USD Long-term Trend: Ranging Ethereum had been trading in a sideways trend since August. In August, the market fell to a low at $170 and continued its fluctuations. The coin is fluctuating between the levels of $160 and $200. Neither the bulls nor the […]
