Key HighlightsLitecoin rallied to a high of $230The uptrend is intact as price finds support above the SMAs Litecoin (LTC) Current StatisticsThe current price: $213.23Market Capitalization: $17,884,480,266Trading Volume: $12,804,148,208Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis February 16, 2021Presently, buyers are attempting to break above the $220 resistance […]
Since the start of the pandemic, the pound has behaved more like a risky asset than a safe haven. Much of the recent gain in the pound has been linked to the signing of the Brexit agreement between the UK and the EU ahead of Christmas and the weakness of the US dollar. The steadily […]
Hester Peirce, the commissioner of the US Securities and Exchange Commission, has asserted that there is a need for precise regulation of cryptocurrency. The recent spike in institutional interest in cryptocurrencies from the likes of Tesla, MasterCard, BNY Mellon, etc., is likely the trigger for the renewed regulation call by authorities. “That adds to the […]
Key Resistance Levels: $280, $300, $320Key Support Levels: $200, $180, $160 BSV/USD Long-term Trend: BullishOn the daily chart, BSV is in an uptrend. The crypto reached the high of $280 and was repelled. The market dropped to $210 and resumed upward. On February 9 uptrend, a retraced candle body tested the the78.6% Fibonacci retracement level. […]
Key Highlights BCH has rallied to a new high of $754BCH faces rejection at the $754 as the coin falls to a $600 low Bitcoin Cash (BCH) Current StatisticsThe current price: $667.84Market Capitalization: $14,037,218,050Trading Volume: $13,972,399,257Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis February 15, 2021 […]
Ethereum Classic (ETC) saw a sharp drop in the Asian session on Monday, as the entire cryptocurrency market plunged. The sharp drop likely got sponsored by a massive correction in Bitcoin (BTC), which recently attempted the highly-coveted high of $50,000. That said, the decline got triggered by massive sell walls positioned at the round figure. […]
Key Resistance Levels: $0.65, $0.70, $0.75Key Support Levels: $0.45, $0.40, $0.35 XRP/USD Long-term Trend: BullishSince February 13, buyers have retested the $0.65 resistance zone twice but could not find penetration above it. On each attempt, the price would fall to the $0.55 low. The price fell and found support above the 21-day SMA. On the […]
Key HighlightsEthereum is in a downward correction after reaching a new high of $1,874Ethereum has a target price of $2,000 Ethereum ETH) Current StatisticsThe current price: $1,822.97Market Capitalization: $209,764,960,109Trading Volume: $31,280,576,015Major supply zones: $1,500, $1,600, $1,700Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis February 14, 2021 Yesterday, Ethereum price reached another new high […]
The government of India is fast approaching an introduction of a cryptocurrency bill in Parliament. Last week, CNBC TV18 and BloombergQuint reported on the status of the bill and what discussions the Indian government is having surrounding cryptocurrency. BloombergQuint’s Account According to BloombergQuint, “India will go ahead with a complete ban on investment in cryptocurrencies […]
