Cryptocurrencies

Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Ripple has continued to sink after failing to hold above $0.18. Its initial battle was at $0.20500 resistance. After two unsuccessful attempts to break it, it was repelled to $0.18 low. The bulls regrouped and moved up but were stopped […]

Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bearish After the bearish impulse on April 13, LTC dropped to $40 low. The selling pressure was caused by price as the pair reached $47 overbought region. Sellers pushed prices down to $40 low. This provides buying opportunities as buyers […]

Cryptocurrencies haven’t disappeared like some thought they would. If anything, its appeal as an asset class continues to grow. Customer interest in cryptocurrencies has spiked during all the volatility surrounding the COVID-19 pandemic. Cryptocurrencies are here to stay. So, you want in… but where to begin? There are two questions one needs to answer: how […]

When used for the first time, the Bitcoin client also creates an electronic wallet. The wallet, which is used to store one’s own user credit. The wallet is initially now password-protected. If you decide to encrypt using a password (which is advisable), it is advisable to choose a strong, long password, write it down and […]

In 2007, an important person started working on this digital currency.  The founding document describes the technical and economic fundamentals of the currency in detail. The first online Bitcoin exchange opened in February 2010. The first real Bitcoin payment takes place in May 2010: A programmer in Florida pays 10,000 Bitcoins for two pizzas (which […]

Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish Bitcoin Cash has maintained its bullish run as the resistance at $240 and $260 were broken. Unfortunately, BCH reached a high of $280 but was resisted. The bears pulled back to the low of $260. The market is holding above […]

A few days ago, we said that Bitcoin Cash looked ready to soar as risk-appetite had picked up, and stock markets had stabilized. At that time, Bitcoin Cash (BCHUSD), was trading at 236.4 dollars per coin, today the price is trading at $260, up by 9.9%. The outlook for Bitcoin Cash and other cryptocurrencies remains […]

Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bearish On March 2, there was a price spike as Bitcoin reached a high of $7,283.50. The bulls could not sustain the upward move as Bitcoin fell to $6,828. The bears are defending intensively the $7,000 overhead resistance. BTC is […]

From time to time, an investor may revisit previous prospects to find a gem in the rough, an opportunity that many may have overlooked as market habits change and evolve, and trends have changed the way in which value is placed. One investor may regard value as something entirely different to another investor, with the […]

Crypto enthusiasts always tried to differentiate their asset class, saying it was superior to stocks, bonds, Forex, and commodities. In 2017, when Bitcoin prices reached a high of almost $20,000, they claimed it was a widely used method of payment and that it would survive any crash.  The coin is still around, but it was […]