Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish After February 11 breakouts, Bitcoin has been characterized by small body candlesticks like Doji and spinning tops. These candlesticks describe the indecision between the buyers and sellers concerning the direction of the market. The price is now […]
XAUUSD Price Analysis – February 14 Gold did not have a strong directional inclination and traded in a limited exchanging band around the $ 1,575 level during the early European session on Friday. The blend of separating powers couldn’t give any new catalyst or support the valuable metal to build up a positive shift of […]
• The $10000 support is a key important level for the next bullish rally. • If Bitcoin fails to rebound at this support, a slight bearish correction is likely for Bitcoin Since yesterday, Bitcoin’s bullish sentiment paused after facing resistance at $10450. This rejection has led to about 3% losses; bringing the current price to […]
Key Resistance Zones: $60, $70, $80 Key Support Zones: $40, $30, $20 XMR/USD Long-term Trend: Bullish Monero is in an upward move after breaking the downtrend line since January 2. The bulls met their initial resistance at $60. The price level was breached after a week of consolidation below $60 resistance. As the coin moves […]
The creator of crypto wallet provider DropBit, Larry Harmon, has been arraigned for being responsible for laundering about $311 million with Bitcoin privacy instruments. Harmon is also the Chief Executive Officer of media site Coin Ninja. Federal prosecutors of the US are indicting Harmon with conspiracy to launder money and running a fund transaction business […]
Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish In the last 48 hours, BCH is trading below the $480 resistance. The bulls have made frantic efforts to break above it. At the same time, the market respects the historical price level. The current resistance is the […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin is on the downward move because of the resistance at $10,400. Yesterday, the market reached a high of $10,460 but the bulls could not sustain the upward move above the resistance at $10,360. In retrospect, the […]
AUDUSD Price Analysis – February 13 The AUDUSD pair sank lower on Thursday and is currently near the lower end of its daily trading range, just above the 0.6700 level. The pair stopped the recent recovery from a low of a decade and on Thursday came under some pressure from sellers amid new fears about […]
USDWTI Price Analysis – February 13 WTI is trading near the price level of $ 51.50. After an intraday low to $ 50.75. During the Asian session on Thursday into the European session. In its monthly report on the oil market, the International Energy Agency lowers its forecast for oil demand growth in 2020 by […]
