Thailand’s Securities and Exchange Commission has endorsed a coveted exchange license to popular Asian trading platform Zipmex. Based on news published on the 20th of January, Thailand’s Ministry of Finance together with the SEC has endorsed Zipmex for the license, which instills stringent regulatory prerequisites on applicants. To get licensed, aspirants must prove beyond a […]
USDWTI Price Analysis – January 20 Earlier in the session, WTI climbed towards the $ 60 area per barrel after news of supply disruptions in Libya and Iraq. A new decline in prices signals that immediate fears are beginning to fade, as the global oil market remains well provided by oil production and reserves. Key […]
Key Resistance Levels: $12, $14, $16 Key Support Levels: $6, $4, $2 NEO/USD Price Long-term Trend: Ranging NEO is still in a bear market as the bulls failed to overcome the overhead resistance at $12. The bulls have made three unsuccessful attempts at $12 resistance. In October and November 2019, and January 2020,the resistance remained […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Yesterday, Bitcoin was resisted at the $9,200 price level. The downward movement is ongoing as the price reached a low of $8,500. The bottom line is that if the bulls fail to break the $9,200 resistance, then […]
• Latest correction suspends long-term bullish sentiment. • Bitcoin remains indecisive after correcting loss at $8500. • The channel break turns BTC bearish on the hourly chart. Yesterday, Bitcoin’s price saw a sudden correction from $9150 to $8450 after seeing four weeks of growth. Though, the price has bounced a bit to $8650 – where […]
Key Resistance Levels: $110, $130, $150 Key Support Levels: $90, $70, $50 DASH/USD Price Long-term Trend: Bullish DASH is presumed to be out of the downtrend zone as the bulls break above the resistance line. The coin reached a high of $140 but was repelled. DASH is likely to find support at a low of […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Interestingly, Bitcoin now fluctuates below the $9,000 on a daily bases as the bulls fail to break the $8,800 resistance level. On Daily bases, small body candlesticks form below the resistance level. These candlesticks describe the indecision […]
New data release indicates that the Bitcoin network’s mean hash rate has just reached its all-time high as a reflection of the digital currency’s most recent technical accomplishment. Composed by innovative on-chain metrics provider Glassnode, a recent evaluation of Bitcoin’s historical hash rate reveals that on the 7th of January, the valuation of the mean […]
GBPUSD Price Analysis – January 19 The GBPUSD pair exited in the prior week in the red and fell slightly after a little pullback of its level of 1.3514 / 1.2900, forming a triangle at the level of 1.3050. The currency pair plummeted from a daily high of 1.3118 level on Friday after the release […]
