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Nalezeno "Momentum": 1037

Wendy McElroy: The Narrative and Philosophy of Cryptocurrency

5.2.2020
“The central banks of Britain, Japan, the euro zone, Sweden and Switzerland have grouped up to assess potential use cases for digital currencies. Talk of such currencies gained momentum after Facebook announced plans last year to introduce a cryptocurrency called libra,” – CNBC....

Bitcoin Corrects Lower While Altcoins Gain Bullish Momentum

31.1.2020
Recently, bitcoin price climbed above the USD 9,450 and USD 9,500 resistance levels. However, BTC/USD failed to continue above USD 9,550 and topped near the USD 9,600 area. It is currently (09:00 UTC) correcting lower and it seems like the bears are eyeing a test of the USD 9,250 support. On...

Bitcoin Climbs To New 2020 High, Altcoins Gaining Bullish Momentum

17.1.2020
After a short term downside correction, bitcoin price found support near the USD 8,550 area. Later, BTC/USD started a fresh increase above the USD 8,650 and USD 8,850 resistance levels. A new 2020 high is formed near USD 9,000 and the price is currently (09:00 UTC) trading with a bullish...

VeChain (VET) Plunges to $0.0052; Lacks Momentum and Active Support

10.1.2020
VeChain, at the time of penning down this analysis, was trading at $0.005263. Earlier this week, we had seen Bitcoin and most of the major altcoins soaring with a good height. However, we do not see the same momentum in that of VET coin as it could only mount at $0.0057. Accordingly, there has been...

Bitcoin Gaining Bullish Momentum, Altcoins Outperform

6.1.2020
Bitcoin price is showing a lot of positive signs above the USD 7,350 and USD 7,400 resistance levels. Once BTC/USD settles above USD 7,550 and USD 7,650, it could set the stage for an upward move towards the USD 8,000 and USD 8,200. Besides, most major altcoins are gaining traction and rising with...

Binance Coin Exhibits Upside Momentum; Price Likely to Breach $14

3.1.2020
The crypto market is spotted with moderate uptrend from the beginning of the day. The first few hours were sluggish, but later the traders spotted substantial improvement on the price chart. The upsurge was speculated from the previous year itself. The uptrend is likely to stick around for a while....

XRP Remains Stuck to $0.19 Area; Lacks Momentum to Have a Breakout

2.1.2020
XRP, at the time of writing, was trading at $0.190. The coin has been maintaining this trading range for quite some time now. The stated price area is acting as both resistance and support, as the coin moves directionless at present. A further move will rightly help to justify the support...

Bitcoin and Altcoins Gaining Bearish Momentum

17.12.2019
In the past two sessions, there was a sharp rise in selling on bitcoin below the USD 7,200 support. As a result, BTC/USD declined heavily and broke the main USD 7,000 support area. It tested the USD 6,850 support and is currently (09:00 UTC) consolidating losses. Also, there was a nasty decline...

Bitcoin and Altcoins Could Gather Bearish Momentum

16.12.2019
This past week, bitcoin price remained in a downtrend and settled below the key USD 7,250 and USD 7,200 support levels. The same levels are now acting as hurdles for the bulls and BTC/USD is struggling to stay above the USD 7,000 support area. Similarly, many major altcoins are declining and facing...

EOS Lacks Momentum; Trades Below 23.60% Fib Level

14.12.2019
EOS consolidates around $2.60 after having maintained an almost stable movement since the past four days now The coin lacks support from the major moving averages viz., 50-day and 200-day EOS price trades with immense selling pressure as it lacks the momentum to rise and face resistance around...

Bitcoin Cash’s (BCH) Momentum Looks Bleak

11.12.2019
Bitcoin Cash is the cryptocurrency that was created by the Fork of Bitcoin; Bitcoin Cash is considered as one of the best Blue Chips of cryptocurrencies. It has a Market Cap of 3.7 Billion and ranks number 5 on CoinMarketCap, just behind BTC, ETH, XRP, and Tether. Bitcoin Cash is traded across...

Bitcoin and Altcoins Gaining Bearish Momentum

4.12.2019
In the past two days, bitcoin price failed to gain pace above the USD 7,350 and USD 7,400 resistance levels. As a result, BTC/USD started a fresh decline and recently broke the key USD 7,200 support area. However, the price is still holding USD 7,000 (09:00 UTC), below which there is a risk of...

Will Bitcoin SV (BSV) Continue the Current Upward Momentum?

12.11.2019
Bitcoin SV indicates slight growth The BSV coin might breach the immediate resistance level at $135 There is moderate improvement spotted in the price of Bitcoin SV. The traders are eyeing for a profitable closing, and the indications are favorable. The coming days are speculated to bring...

Bitcoin Rising Steadily, Altcoins Gaining Bullish Momentum

6.11.2019
After a downside correction, bitcoin price tested the USD 9,200 support area, where it found a solid buying interest. BTC/USD formed a support base above USD 9,200 and USD 9,250. As a result, the price is currently (09:00 UTC) recovering towards the USD 9,450 and USD 9,500 resistance levels. On...

Rwanda’s Plan Momentum Rise to Become Financial Hub in Africa

5.11.2019
Over the past few years, the African country of Rwanda has made a conscious effort to become one of the key financial hubs in the region, and it seems that its plans are finally taking shape. It has emerged that the Rwandan Government’s highly ambitious projects, Kigali International Financial...

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