Bitcoin is currently exchanged for $ 8,631. Buyers are making every effort to ensure that the price does not exceed $ 8,600 below. Adding to selling pressure on $ 8,700 leads to resistance around the moving averages of 5 and 13. A break above $ 8,700 may take longer than expected, but when this happens, […]
• Despite indecisiveness, Bitcoin could foot more bearish correction. • Bitcoin now held resistance at $8800 over the last 48-hours trading. Since Bitcoin fell from $9150 over the weekend, the price has continued to hover around $8600. Due to the sideways swing on the 30-minutes chart, BTC has stylishly moved out of the wedge […]
EURUSD Price Analysis – January 20 EURUSD continued to fall during the American session and bottomed on the level at 1.1075, the lowest intraday level since December 24. At the time of composing, it is trading between the 1.1080 / 85 level, less than ten points beneath the exit on Friday. Key levels Resistance Levels: […]
Thailand’s Securities and Exchange Commission has endorsed a coveted exchange license to popular Asian trading platform Zipmex. Based on news published on the 20th of January, Thailand’s Ministry of Finance together with the SEC has endorsed Zipmex for the license, which instills stringent regulatory prerequisites on applicants. To get licensed, aspirants must prove beyond a […]
USDWTI Price Analysis – January 20 Earlier in the session, WTI climbed towards the $ 60 area per barrel after news of supply disruptions in Libya and Iraq. A new decline in prices signals that immediate fears are beginning to fade, as the global oil market remains well provided by oil production and reserves. Key […]
Key Resistance Levels: $12, $14, $16 Key Support Levels: $6, $4, $2 NEO/USD Price Long-term Trend: Ranging NEO is still in a bear market as the bulls failed to overcome the overhead resistance at $12. The bulls have made three unsuccessful attempts at $12 resistance. In October and November 2019, and January 2020,the resistance remained […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Yesterday, Bitcoin was resisted at the $9,200 price level. The downward movement is ongoing as the price reached a low of $8,500. The bottom line is that if the bulls fail to break the $9,200 resistance, then […]
• Latest correction suspends long-term bullish sentiment. • Bitcoin remains indecisive after correcting loss at $8500. • The channel break turns BTC bearish on the hourly chart. Yesterday, Bitcoin’s price saw a sudden correction from $9150 to $8450 after seeing four weeks of growth. Though, the price has bounced a bit to $8650 – where […]
Key Resistance Levels: $110, $130, $150 Key Support Levels: $90, $70, $50 DASH/USD Price Long-term Trend: Bullish DASH is presumed to be out of the downtrend zone as the bulls break above the resistance line. The coin reached a high of $140 but was repelled. DASH is likely to find support at a low of […]
