Following the latest decline in the market, Bitcoin is currently correcting loss of -2.84% and causing the BTC price to drop at $7300 at the moment. As of now, the entire crypto market cap is below $200 billion with BTC dominance of 66.8%. The downward price shift might become strong if the Bitcoin dips below […]
USDCHF Price Analysis – December 10 The USDCHF has now fallen to its weakest level since November 4 near the low at 0.9851 level, which is the target. Falling for the second consecutive session on Tuesday, the pair remained under strong supply, dropping to new monthly lows, near the mid-level of 0.9800 level in the […]
In just two days from now, a major event that will set the trend for the currency market for the year 2020, the UK elections will be held. In the face of a Brexit extension, UK prime minister had pushed for an earlier election in the hopes of having a majority conservatives win in the […]
Since our previous crypto trading signals, Ripple’s XRP price continues to revolve around the $0.23 owing to a low amount of volumes in the market. The 4 days price increase was counter by a selling pressure which is currently dominant. XRP may resume the positive move if the market can locate near support. Otherwise, the […]
EURUSD Price Analysis – December 9 The euro is trying to build bullish momentum against the US dollar after the sellers failed to keep the pair below the support level 1.1053 with gain towards the level of 1.1077. The pair rose slightly during Monday’s trading session, showing signs of life. At this point, the market […]
After recording a yearly high at $147 on June 22, Litecoin’s price saw a six-month decline, bringing the price all the way to a current trading price of $44. The mid-year bearish correction has amounted to about -65% losses. Up until now, the sellers are still gaining control of the market on a long-term perspective. […]
The government of South Korea has announced its intentions to begin taxing capital gains on cryptocurrency transactions. Following a report by The Korea Times on the 9th of December, it was disclosed that the new bill to implement the development will be composed and executed by the Ministry of Economy and finance by 2020. Also, […]
This seems to be the season for the safe-havens given the expected events this week which will shape the currency market for the year 2020. First, The December 15th deadline set by the United States for the signing of a preliminary trade pact in which US president had threatened more tariffs in case of a […]
Since the beginning of the month, the Bitcoin’s volatility is seriously shrinking and subdued with choppy price actions. Meanwhile, we may experience a big shock wave soon. Looking at the price chart, it appeared that Bitcoin could make a heavy surge to the upside. Though BTC price is still trading around $7500 for the past […]
