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Bitcoin Corrects Downwards Yet Remains an Ultimate Power
9.1.2020
Bitcoin (BTC), at the time of writing this analysis, was seen correcting downwards from hitting the major resistance above $8,000 and $8,300. However, the current fall makes us believe the illusionary movement that the coin had over the past 2 days. However, a persistent break above $8,000 can only...
BTC Trades Impressively Bullish; $8,000 Remains the Next Big Target
7.1.2020
Bitcoin (BTC), at the time of penning down this article, was trading at $7,898.87. Important to note that the coin has hit a fresh 30-day high around $7,900. The king of cryptocurrencies is trading with all the grounded support from the daily moving averages. It has been since yesterday that...
Store of Value Remains Crypto’s Best Use Case
7.1.2020
Store of value was the most viable and desirable use case across crypto in 2019 and offers a basis to increase adoption in the second decade of crypto, says Ryan Zurrer of Dialectic
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...
Crypto Remains Unregulated in Russia — Lots of Talk but No Action
18.12.2019
Will Russia step on the path of crypto prohibition?
Bitcoin (BTC) Drops Below $7k; Expected to Bounce Back from $6.1k
17.12.2019
The short-term outlook of Bitcoin against the US Dollar is bearish, and it is moving towards key support area and weekly 78.6% Fib Level. Overall weekly prices are still above 200 days SMA denoted by the red line in the below-given charts. Bitcoin Price Prediction Weekly BTC prices have fallen...
Binance Coin Remains Inclined to the Lower Price of the Trading Range at $14.6
14.12.2019
Binance Coin trades around the lowest price of the trading range at $14.6 BNB trades with utter selling pressure as it continues to move stably without much volatility The coin has been on a declining trading route after it had hit $42.90 in June; just when BTC soared at $13,000 Taking a glance...
China Releases Year-End Crypto Rankings
10.12.2019
China’s Center for Information and Industry Development has published its year-end crypto project rankings. Thirty-five projects were evaluated and ranked overall as well as in three separate categories. Bitcoin has risen in ranking while EOS remains China’s favorite. Also read: China...
NEO Hustles to Sustain an Uptrend; Bullish Trendline Remains Intact
9.12.2019
After quite a long bearish spree, the NEO coin has finally started an uptrend, which is likely to remain intact if it manages to clear resistance above $10. The coin has formed a low swing over the last week while it has found a support level at $8.51. Notably, the last couple of days have...
Bitcoin Cash (BCH) Remains Above $210 After Declining by More Than 5%
2.12.2019
BCH seems to have a support level at $210; gearing up for a rebound Binance coin has breached major support levels over the last two days A strong bearish trendline has taken place; current consolidation shows a bit of ambiguity Technical indicators give mixed signals while Bollinger bands head...
German Banks Authorized to Store and Sell Cryptocurrency in 2020
29.11.2019
Next year German banks will be able to manage cryptocurrencies like bitcoin after the fourth EU money laundering directive goes into effect. The directive passed in the German parliament, Bundestag, allows banks in the country to act as cryptocurrency custodians rather than rely on third-party...
LTC Trades with Bullish Impact; Selling Pressure Remains Prominent
29.11.2019
Litecoin trades at $47.84 with slight support from the short-term moving averages Just like other altcoins, LTC is also trading with utmost selling pressure LTC’s current trading price is 9% higher than the lowest of the past 30 days Litecoin (LTC) has hit the new 90-day low at $42 in the past four...
Bitcoin Price Grinds Closer to $8K as $7,500 Support Remains Intact
29.11.2019
Slow return to the upside for Bitcoin as bears stay absent
Ethereum Gains Over 10% in Past 24-hours, But Volatility Remains Glued
26.11.2019
Ethereum trades at $146, after having tested the supports near $130 Although ETH coin is currently in its price correction phase, the volatility is still intact The price holds no support from the moving averages around the current price area and has a dense selling pressure Ethereum currently...
Dogecoin’s Downside Movement Remains Intact Despite Recent Price Recovery
26.11.2019
Dogecoin (DOGE) price movement was spotted taking a deep dig yesterday. The coin dropped below the 30-day low and marked a low new one. However, Dogecoin’s price trend is marked improvement. There is a tight movement observed over $0.0022. The traders are eagerly waiting for an early upsurge....
Litecoin Remains above $55 after a 0.43% Gain Overnight
20.11.2019
Litecoin has shown a marginal hike over the last 24 hours, and three price swings have pushed it to sheer volatility. It has made an overall gain of 0.431%, and the swings of LTC have been in the range between 56.13 USD and 54.23 USD. Litecoin Price Analysis: LTC coin opened the day near 55.57...
Verge Price Soars; While Market Remains Irreconcilable
16.11.2019
The XVG price exhibits an opposite momentum and soars at $0.055 After having a month-long of static movement, Verge price mounts to trade at $0.0055. The price trend of XVG coin is comprised of green candles to a major extent in comparison to red, and that is injecting growth, just when the whole...
Germany Barely Avoids Recession, Economy Remains Stagnated
15.11.2019
The German economy, the largest and most influential in Europe, narrowly missed falling into recession last quarter. But with quarterly GDP growth averaging a little over 0% since the third quarter of last year, the Old Continent’s economic powerhouse is facing stagnation. Also read:...
Litecoin Remains Strong with Moderate Price Change; Trades Around $61
13.11.2019
Litecoin along with the king of altcoins remains in the ‘buy phase’ LTC/USD trades with grounded support from the short-term daily moving averages Litecoin has the major resistance area around $64, above which the coin is anticipated to trade bullishly Litecoin against US Dollar trades in the price...
Litecoin Plunges Yet Remains Strong; Bitcoin Seems to Move Impromptu
12.11.2019
Litecoin takes a relaxing stride and, moreover, remains strong in this strong volatility while Bitcoin moves unrehearsed throughout. Litecoin doesn’t show enough price variation in comparison to Bitcoin since the start of a trading hour on November 12, 2019, until the time of writing. As per...