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Market Update: Crypto Traders Search for Bullish and Bearish Trends

29.12.2019
During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents...

Market Update: Bears Claw Crypto Prices Below Long-Term Support

18.12.2019
Digital currency prices plummeted on Tuesday, as cryptocurrency markets lost billions during the morning trading sessions, New York time. BTC dropped well below the $7k range and other digital assets followed BTC’s path with sharp losses. Crypto prices haven’t been this low since May...

Cardano Hits a Fresh 52-week Low; Continues to Dip even Dense

18.12.2019
Cardano trades at $0.0315 and moves with zero support, as it marks a 52-week low ADA/USD has been on a continual downswing since June Cardano trades with ultimate selling pressure and runs bearish Cardano records a fresh bottom at $0.031—marking the 52-day low. A further plunge can lead the coin...

Monero (XMR) Nosedives and Marks a Fresh 90-day Low

18.12.2019
Monero trades at $46.09 and appears fully bearish XMR/USD has marked a fresh 90-day low around $44 in the past 24 hours Monero is on a continuous fall after it soared as high as $120 earlier this year in June XMR loses support from the 9-day MA, as it marked the newest 90-day low Monero … The...

Ripple (XRP) Gives a Fresh 52-week Low as it Dips Exponentially

17.12.2019
XRP drops to $0.19 trading price area—giving a new 52-week low The price of Ripple experiences a steep fall from the trading price of $0.509 and $0.315 With the current fall, we see the narrowing of a trading range The RSI of XRP coin falls below the ultimate support at 30 (oversold region) for...

Stellar Trades Extremely Bearish; Gives a Fresh 90-day Low at $0.052

14.12.2019
Stellar trades around the lowest price of past 3 months at $0.0520 The coin holds no support from the major moving averages XLM price faces major resistance around $0.0899—which happens to be mid of 200-day MA Stellar has been trading quite stably with a few temporary rises in between. Giving...

Venture Capitalists Have Invested Over $200M in Stablecoins

6.12.2019
Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses...

Stellar (XLM) Initiates an Uptrend; May Form Another Higher Low

5.12.2019
Stellar price has started a mild bull-run; yet to cross $0.056 The XLM coin seems to have a support level at $0.054 which corresponds to the 0% Fib level Technicals are likely to enter a bullish zone with an intact bullish trendline Stellar had struck a notable price spike yesterday when it touched...

Dogecoin Faces a Firm Resistance Above 0.0023; Hits a Fresh 30-day Low

5.12.2019
Dogecoin gives a fresh 30-day low around $0.0021 price area The coin is supported by the 10-day & 50-day MA after rising from $0.0020 There has been a rapid fall of Dogecoin value in 5 days from $0.0023 to $0.0021 Dogecoin trades with moderate volatility just like any other altcoin in...

European Banks Struggle With Low Interest Rates and Strict Regulations

4.12.2019
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....

Cardano (ADA) Price Recovers Despite Hitting Quarterly Low

30.11.2019
Cardano (ADA) price returns to a month ago the opening price The potential recovery impressed the traders Cardano has been trying to join the bandwagon of the top ten cryptocurrencies for a long time. But the market pressure is, again and again, bringing it down. In the recent price crash, the...

Will NEO Drop Below the 30-day Low Second Time in a Week?

27.11.2019
NEO coin deals around $8.80 during the intraday trading The price is speculated to drop below the major support level NEO price movement is quite disturbing for the intraday traders. The price is at $8.80, and the major support level is at $8.73. The same might cross in the coming hours. The coin...

Market Update: Uncertainty Strikes Crypto Traders After Week-Long Downtrend

25.11.2019
Three days ago, cryptocurrency markets were holding foundational support after coins plunged 2-14% and the entire cryptoconomy dropped below $200 billion. Crypto prices continued to slide in a bearish trend, and over the last 12 hours, the entire market valuation of all 3,000+ coins lost another...

Black Day for Ethereum (ETH); Price Hits the 90-days Low

25.11.2019
The crypto market is currently under hefty pressure. Bitcoin has dropped beyond the quarterly low and created a new low at $6,617. Ripple dropped beyond the 52-week low and touched $0.207. Ethereum is also marking a similar trend. The coin has breached the 90-day low. Yesterday, the price...

EOS’s Tremendous Fall Takes the Price to Quarterly Low

25.11.2019
EOS price drowns during the intraday trading The price touches quarterly low at $2.37 EOS coin is currently dealing with extreme market pressure. The coin was spotted holding itself well in the past couple of months, but now the condition is disappointing. Yesterday, EOS began with heavy downtrend....

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