In the last two weeks, fresh updates from the trade talks between two macro economies, U.S and China have emerged. Firstly, the video conferencing call between Chinese Vice-premier, Liu He and two top U.S trade officials which were hailed as a constructive one. This came barely two days after reports speculated preliminary pact almost been […]
With a 7.53% gain over the last 24-hours, Bitcoin is now trading well above $7000 to indicate that buyers are stepping back into the market after four weeks of a sloppy downtrend. The price of BTC has evolved around $7200 since yesterday after failing to break above a key resistance zone of $7400. A […]
Cryptoeconomics has been defined by some as a discipline that studies rules that regulate the production, dispersion, and consumption of products in a decentralized digital economy. The fundamental principles governing Cryptoeconomics are cryptography and economics. Simply put, the combination of these two concepts is what forms Cryptoeconomics. Cryptography Cryptography is the method used in securing […]
We mentioned a possible rebound for Bitcoin earlier today, which has eventually played out to the upside. The recovery was quite quick with a $600 add up with the last 8-hours of trading. Compared to about 10% loss a few hours ago, Bitcoin has now seen a correction of 8% gain, bringing the market back […]
The week started on a quiet note as market influencing figures are quite limited. For most of the currencies, there are no substantial figures to provide direction. Key influencers for the day will be PMI figures for the private sector out of the U.S, as there was a reported increase this month of November. Investors […]
Key Resistance levels: $275, $300, $325 Key Support Levels: $200, $175, $150 BCH/USD Price Long-term Trend: Bearish Yesterday, Bitcoin Cash bearish run was interrupted as the bulls defended the low at $200. This is the third time the bulls will be defending the support at $200 since September. BCH will move up if the price […]
EURUSD Price Analysis – November 25 The Euro slumped on Monday into early European trading, while unable to hold much of the recovery overnight, despite positive news, the dominant trend stays negative. At the same time, the bears face headwinds and may maintain prolonged consolidation, but should remain fully active while staying beneath the base […]
Just as we predicted in our previous crypto trading signals, Bitcoin finally dropped below $6800, cutting price all the way to $6600. The sudden price reduction has amounted to -9.10% losses overnight. More bearish reactions could play out for Bitcoin if the market continues to show weakness. Bitcoin (BTC) Price Analysis: Weekly Chart – Bearish […]
Key Resistance levels: $4, $5, $6 Key Support Levels: $3, $2, $1 EOS/USD Price Long-term Trend: Bearish EOS traded below the resistance at $3.60. The market is heading southward as the bulls fail to trade above the $3.60 price level. The market is approaching the previous low at $2.60. There is a possibility of a […]
