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XRP/USD Pulls Back at Resistance Level of $0.72
26 Nov 2020 @ 20:27
XRP/USD MARKET NOVEMBER 26 After the price retracement, it may resume its bullish trend and the resistance level of $0.79 and $0.88 may be reached. Below the current price, the level is found the support levels at $0.55, $0.44, and $0.39. However, the relative strength index period 14 is at 70 levels bending down to […]
Analyst Believes Bitcoin is Working According to Plan Ahead of Six-Digit Projection
12 Nov 2020 @ 14:57
The creator of the popular stock-to-flow model, PlanB, has affirmed that Bitcoin (BTC) is going according to plan like “clockwork, “ following its third halving event. PlanB, an anonymous developer, has lauded the S2FX model and believes that BTC will be trading between $100,000 and $288,000 by the end of 2021. The stock-to-flow model and […]
Ethereum (ETH) Price Analysis: Ether Hovers Above $450 Support for a Possible Uptrend Continuation
12 Nov 2020 @ 14:41
Key Highlights Ether fluctuates above $450 support The coin has a target price of $488 high Ethereum (ETH) Current Statistics The current price: $458.89 Market Capitalization: $52,029,363,330 Trading Volume: $14,108,917,588 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 11, 2020 On November 10, the altcoin rebounded but […]
Litecoin (LTC) Is Likely to Sink Below $51 as Bulls and Bears Tussle for Price Possession
04 Nov 2020 @ 02:05
Key Highlights Litecoin plunges to $51 low and corrected upward LTC risks further downward move as price reaches overbought region Litecoin (LTC) Current Statistics The current price: $52.49 Market Capitalization: $3,453,939,467 Trading Volume: $2,849,880,504 Major supply zones: $70, $80, $90 Major demand zones: $50, $30, $10 Litecoin (LTC) Price Analysis November 3, 2020 Litecoin has […]
Will the 2020 United States presidential election upheave the markets?
04 Nov 2020 @ 01:53
Hello Traders: The 2020 United States presidential election is here and traders are expecting high volatility in the markets. My Take Nothing unusual and nothing extraordinary will happen in the markets. The markets don’t surprise people when they’re looking out for such; surprises come only when people don’t expect them. An informational traffic sign […]
Tern Plc price analysis: TERN experiences a strong bullish breakout
02 Nov 2020 @ 19:50
Tern Plc shares (LSE:TERN) have experienced a serious bullish breakout, and this is just the beginning of a long-term bullish movement. Price was trending downwards from June 2020, almost to the end of October 2020. However, there has been a significant bullish breakout at the end of October – something that is expected to continue […]
Bitcoin Price Analysis: Could CBDCs Be the End of Bitcoin?
26 Oct 2020 @ 15:46
Ever since Facebook publicized its plans to develop a digital currency called Libra, central banks across the globe have tried to counter it with their cryptocurrency. While Facebook’s Libra has come under heavy scrutiny and regulatory obstacles, more than 80% of the world’s central banks are working assiduously to develop a central bank digital currency […]
Ethereum (ETH) Price Analysis: ETH Faces Rejection at $420, Fluctuates Between Levels $400 and $420
26 Oct 2020 @ 15:33
Key Highlights Ethereum battles resistance at level $420 high The coin is likely to reach another high of $434 Ethereum (ETH) Current Statistics The current price: $415.57 Market Capitalization: $47,020,287,242 Trading Volume: $12,506,980,622 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis October 25, 2020 Following the breaking of...
When emotions get in the way of trading success – Part 2
18 Oct 2020 @ 07:57
Veterans of the markets generally agree that trading is largely psychological. That is one of the reasons why a trader with suboptimal strategy will trade profitably and another trader with a good strategy will be making losses. The method one trader uses to trader their way to financial freedom is what another trader uses and […]
Teach Yourself Technical Analysis
11 Oct 2020 @ 14:46
THE TECHNICAL ANALYST HAS BECOME AN ENDANGERED SPECIES According to Investopedia.com, technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analysing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysts, who attempt to evaluate a security’s intrinsic value, technical...
