Cryptocurrencies

Bitcoin (BTC) Price Analysis – May 11     Bitcoin’s momentum has been fast trending higher since the April 2 price increase which confirmed a bullish dominance for the market. As of the time of writing, BTC is trading around $6700 after surging to $7k earlier today. We can expect a further high level to […]

Binance Coin (BNB) Price Analysis – May 8     For the past two weeks, Binance Coin trading has been trending below the last high due to the supply forces in the market. As a result of this, the sellers appeared to be gaining control of the market. If the buyers manage to position trade […]

The Southern Methodist University recently put out a research paper that found a couple of standout facts regarding the cryptocurrency industry. Most notable is the finding that tweet count and Google search trends can help predict when crypto prices are about to change.     Correlation is key That’s right. As reported by Bitcoinist, the […]

Online payment transactions have never been more common. People buy and sell services and goods online more than face to face. The large volume of money being transferred online has attracted malicious elements that are gaining access to people’s funds and information with ever-increasing expertise. Most people transacting online only consider security as an afterthought […]

RPUSD Medium-term Trend: Bullish     • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.29, $0.27, $0.25   Yesterday, April 29, the XRP price was in a range bound movement below the 12-day EMA and the 26-day EMA. On April 26, a bullish candlestick broke the bearish trend line signaling the end of […]

ETHUSD Long-term Trend – Bearish     • Distribution territories: $200, $220, $240 • Accumulation territories: $120, $100, $80   After going through a specific trading range for a few days, Ethereum’s price dropped on April 25, during a process that weakened the cryptocurrency to the point it went under the $160 mark. The crypto’s […]

XRPUSD Medium-term Trend: Bearish     • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.31, $0.29, $0.27   On April 18, the XRPUSD pair was in a bullish trend. The bulls tested the $0.34 resistance level and were resisted. The bears broke the 12-day EMA and the 26-day EMA to reach the bearish […]

CFDs, or contracts for difference, are a type of short-term trading that lets you speculate on price movements. Unlike trading in shares, you don’t actually own the asset you are speculating on, instead you are making a guess about how the price of the asset is going to move – up or down. So it’s […]

BTCUSD Long-term Trend – Ranging     • Distribution territories: $6,500, $7,000, $7,500 • Accumulation territories: $3,500, $3,000, $2,500   Bitcoin market valuation hasn’t been able to move strongly in the market as well as its counter currency i.e. the US dollar. Therefore, the cryptocurrency’s price value has continued to push around in range spots […]

ETHUSD Medium-term Trend: Bearish   • Resistance Levels: $230, $240, $250 • Support Levels: $150, $140, $130   Ethereum’s price is in a bullish trend. On April 8, the bulls managed to bring ETH to a high of $187.98. The bulls faced resistance at the $184 level and as a result the price fell to […]