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Bitcoin Cash (BCH) Price Analysis: BCH Struggles to Resume Uptrend, Attempts to Break $280 and $320 Range

Key HighlightsBCH is consolidating between $280 and $320 after retesting the $300 highBCH rebounded and resumed a fresh uptrend Bitcoin Cash (BCH) Current StatisticsThe current price: $288.26Market Capitalization: $5,332,336,309Trading Volume: $1,057,353,790Major supply zones: $325, , $350,$375Major demand zones: $200, $175, $150 Bitcoin Cash (BCH) Price Analysis August 24, 2020Since on August 20, the price action […]

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What Exactly Is DeFi? All You Need to Know

Decentralized Finance (DeFi) is the fusion of traditional banking services with decentralized technologies like blockchain. DeFi may also be called Open Finance due to its inclusive format. It is important to note that the DeFi community is committed to creating alternatives to every financial service currently available. These services include items such as savings and […]

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BTC/USD Price Analysis — 23 August

This past week has seen Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and several other major cryptocurrencies undergo significant downward corrections against the US dollar (DXY). Bitcoin’s decline, after touching the top $12,000 level, increased in pace after it broke below the $11,800 support. It subsequently dipped below the $11,500 and tested the $11,350 support. A […]

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GBPUSD Retreats From Yearly High at 1.3267 Level As Brexit-EU Talks End Without Success

GBPUSD Technical Analysis – August 23 The GBPUSD pair ended the week unaltered in the price region of 1.3085, retreating from the year-high at 1.3267 level tested during the mid-week preceding. Nonetheless, the Brexit-related news was not so positive as yet another round of talks ended without success. Key LevelsResistance Levels: 1.3514, 1.3303, 1.3185Support Levels: […]

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GBPJPY Downside Bias Stays Beneath 139.00 Level As Investors Await Brexit Negotiations

GBPJPY Price Analysis – August 23 The GBPJPY cross stayed subdued over the previous session and was last seen floating close to weekly lows, around the region of 138.43. A mix of factors supported the steady decrease, as investors await news on the current round of Brexit negotiations. Key LevelsResistance Levels: 147.95, 144.95, 141.24Support Levels: […]

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Us Wall Street 30 (US30USD) Resumes Uptrend, Attempts to Break Level 28000

Key Resistance Zones: 28500, 29000, 29500Key Support Zones: 26000, 25500, 25000 US Wall Street 30 (US30USD) Long-term Trends: BullishUS Wall Street 30 is in an upward move. However, the uptrend has been interrupted as price consolidates below level 28000. Today, price is attempting to break the resistance level as the index moves up. Daily Chart […]

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