Cryptocurrencies

Bitcoin’s shakeout at the highs continues after tumbling over 8% early Asia. Over 5% of which, was shed within 30 minutes. Thursday’s bearish engulfing candle served as a warning all was not well at the highs, and it invalidated earlier analysis for $8.5k to remain supported ahead of another next leg higher. Furthermore, today’s plunge […]

LTC/USD Long-term Trend: Bullish   • Resistance Levels: $105, $110, $115 • Support levels: $100, $90, $80   The LTC/USD pair is in the bullish trend zone. On April 3, the LTC market had been trading below the $100 resistance level before it was broken. During the month of April, the LTC market fell to […]

The short-term outlook is in a bearish trend while the medium-term outlook is in a range-bound market. A breakout or a breakdown may occur, hence patience must be exercised trading the consolidation. XLM/USD Medium-term Trend: Ranging Supply zone: $0.2000, $0.2500, $0.3000 Demand zone: $0.0800, $0.0600, $0.0400 XLM remains in a range-bound market in its medium-term […]

Peer-to-peer (P2P) networking is based on the principle of all participants being equal and it is on the basis of their digital crypto exchange, that Bitcoin in South Korea has soared to such great heights. These new levels were revealed on the charts of Coin Dance, a similar platform that provides statistics on Bitcoin and […]

On Sunday night during quiet trade, Bitcoin rallied 7% within an hour to take it to fresh highs and see the crypto currency higher on a year over year basis for the first time since November. Given the strength of the underlying move and the fact that, when Bitcoin moves, it can do so without […]

Ripple (XRP) Price Analysis – May 25   In the past few days of trading, XRP/BTC market has remained to trade in a downward wave as the XRP/USD market follows a side-way movement. Meanwhile, the third largest cryptocurrency has a market cap valuation of $16.23 billion with a trading volume of $1.4 billion, as price […]

Advancement in technology results in changes, and the blockchain technology and the resultant cryptocurrency is a phenomenon that has brought enormous changes in various financial decisions. Cryptocurrency is a digital currency that incorporates the blockchain technology to enhance encryption, regulate the generation of currency units, and authenticate funds transfer without relying on a...

Recently, Binance announced on its Twitter page with a post that showed 2.0 graphic. There were no words with the post, just an image that was accompanied by a section of the logo of Binance. Now the question that many are asking is that precisely what does the graphics mean if it has any meaning […]

BCOUSD Price Analysis – May 19   The last weekly candle closed bullish; which implies that Brent crude Oil may further increase in price and target supply level of $79 as long as the Bulls increase their pressure.     BCO/USD Market Key levels: Supply levels: $79, $87, $98 Demand levels: $70, $64, $58, $49 […]

NEM (XEM) Price Analysis – May 16     In the past five days of trading, NEM market has been maintaining an upward movement, gaining 150% after rising from $0.048 low. As of now, the cryptocurrency holds a market cap valuation of $897.6 million. However, the XEM markets trend in the same direction.     […]