After breaking last week’s high of $7440, Bitcoin is now preparing for another bullish rally which is likely to reach $8200 in a couple of days. But currently, it appeared that the $7700 resistance is suppressing bullish pressure. Nevertheless, we can expect a more positive move as soon as BTC climbs above this mentioned […]
GBPUSD Price Analysis – December 22 This pair has already entered the sellers’ area and reached the horizontal area at 1.2978. The new week might push the correction in the cable to lead prices towards 1.3150 level. Consequently, there could be further depreciation in GBPUSD over the medium term. Key Levels Resistance Levels: 1.3700, 1.3600, […]
Paul Gosar, a Republican member of the US House of Representatives, has submitted a bill that will provide regulatory “simplicity” to the cryptocurrency space in the US. The news was announced on the 19th of December by Forbes in a press release. The bill, which is tagged as the Crypto-Currency Act of 2020, will determine […]
Toplines: *The GBP / USD pair is at risk of extending its support in the near term at 1.2970. *GBP / USD Current Price: 1.3004 The GBP / USD pair reached multiple week low of 1.2978 and ended the week on the 1.3000 level, as uncertainty about Britain leaving the European Union increased the burden […]
Key Resistance levels: $3.0, $3.50, $4.0 Key Support Levels: $2, $1.50, $1.0 LINK/USD Long-term Trend: Bearish Chainlink has fallen to $1.85 after being resisted at the $3.0 price level. In retrospect, Chainlink was in a bull market in June when it reached a high of $3.50. However, the bulls were resisted at the coin nosedived to […]
EURJPY Price Analysis – December 20 The single European currency may lose ground against the Japanese yen during the next trading session. The likely target may be at the 119.99 level. Once again, the EURJPY may be driven by the tone of risk over the US-China trade dispute in the absence of any news from […]
Gold adhered to a restricted scope of $ 5 on Friday, as investors stayed uninvolved ahead of the Christmas season and as securities exchanges arrived at record levels amid fears of trade concerns between the United States and China. The spot gold price didn’t change at $ 1,478.90 an ounce, yet it empowered its gains […]
Thailand, one of the world’s most popular tourist destinations, is in the process of employing blockchain technology to its Electronic Visa On Arrival. The country’s proposed blockchain-based eVOA project will quicken and secure the digital visa application procedure and is expected to be accessible to over 5 million tourists from about 20 nations when fully […]
Key Resistance Levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Bearish Stellar has sunk to the low of $0.042 after the bears broke the support at $0.050. XLM was previously trading in a price range between the levels of $0.050 and $0.090. XLM fell to a low of $0.042 and pulled […]
