Binance Coin has suffered from weak price volatility for some days now, resulting in a strong bearish action in the market. Due to this, the token is trading below $16 since the market opens for the week. BNB now trades at $14.7 price levels but the bearish outlook signals a more downward range. However, the […]
The Director of the Financial Crimes Enforcement Network, Kenneth Blanco has stated that the cryptocurrency sector is beginning to adhere to the organization’s laws on money transmission services. Blanco mentioned this in a lecture at the American Bankers Association/ American Bar Association Financial Crimes Enforcement Conference which was held on the 10th of December. The […]
GBPJPY Price Analysis – December 11 The British Pound gained slightly during the trading session on Wednesday while attempting to retest the 143.66 level after a slight plunge beneath the level at 143. We may likely continue to see this market trying to go up and get a start for the election results. The yen […]
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 […]
