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 […]
Bitcoin’s volatility has continued to expand downward after losing the $9000 support (now resistance) again. Since the weekly opening, the price has been struggling below this support a bearish action continues. Yesterday, Bitcoin made a new weekly low at around the $8600 but has managed to recover back to $8760 – where BTC is currently […]
USDCHF Price Analysis – November 12 USDCHF is posting fresh session lows in today’s trading as sellers took control of the market while breaking downwards past the moving average 5 heading towards moving average 13. As it is, in the event of a further break downwards and the price momentum continues, it will open the […]
The general assertion that Bitcoin and Gold are correlating pair cannot be disputed. Over time, these instruments have proven their true trends to be synonymous. In late October, Bitcoin and Gold broke out of their mid-term descending channel with a massive surge of about +50% after Xi Ping, the Chinese President release on Blockchain and […]
The last two hours trading has set a little panic for Bitcoin’s traders after rising sharply to $8900 and at the same time fell to $8600 zones – where BTC is currently oscillating. The bulls are now trapped as it may be difficult for them to get out this mess unless Bitcoin revisits the $8900 […]
Earlier in the news, Brexit party leader had stated that every senatorial seat numbering more than 600 would be keenly contested for by his party. The majority had predicted a drop-down of support for UK Prime Minister, Boris Johnson given Brexit extension. However events took a twist, as in a recent news release, Nigel Farage […]
Key Resistance levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish On November 6, the bulls made a positive move but were resisted at the $0.31 price level. This singular resistance has thrown XRP into another downward move. In recent times, the coin has been making frantic effort to break […]
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