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Cryptocurrencies

Bitcoin Cash (BCH) Breaches More Resistance Zones, As Bulls Gain More Grounds

Apr 09 2020 @ 10:47
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 […]
 

Bitcoin Cash Adds 9% In the last 24 hrs, Here is Why I Remain Bullish

Apr 08 2020 @ 05:17
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 […]
 

Bitcoin (BTC) Drops To $6,828 After A Sudden Price Spike To $7,283

Apr 04 2020 @ 20:38
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 […]
 

A Volatile History for Crypto

Apr 03 2020 @ 03:57
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 […]
 

Bitcoin Cash Looks Ready to Surge, Could Gain 16.27%

Apr 03 2020 @ 03:52
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 […]
 

The Value of Cryptocurrency has Risen by over $14 billion in 24 Hours

Apr 02 2020 @ 03:37
Bitcoin was up well over 10% in the last 24 hours. Other coins, which included ETH and even XRP are also much higher. The market capitalisation, or in other words, the entire value of the currency market has risen by over $14 billion in the last 24 hours. The currency market suffered a somewhat violent […]
 

EURJPY Extends The Sell-Off From The Weekly Highs Towards The Sub-118.87 Region

Mar 29 2020 @ 01:12
EURJPY Price Analysis – March 27 EURJPY fell under market pressure and tumbled to sub-118.87 levels at the time of writing. Japan’s anti-risk yen attained significant ground in the US session, driving the cross to session lows near 118.87 level amid the wide-spread vulnerability of the US dollar and the fall in US stock futures. […]
 

Bitcoin Cash Makes An Upward Move As Bulls Buy At Lower Levels Of The Market

Mar 20 2020 @ 00:13
Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bearish On March 16, BCH fell to the low of $164 and the bulls buy at the lower levels of the market. The coin made an upward move as a result of the purchase. BCH has risen to $191 and […]
 

Ethereum (ETH) Fails To Hold Above $240, Encounters Further Selling

Mar 10 2020 @ 11:00
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bullish Ethereum’s recent fall was caused by the bulls’ inability to sustain above $240 price level. Since on February 25, the market has been fluctuating above $220 before its upward move to the high of $246. As the price breaks […]
 

The Brexit effect: Impact on cryptocurrencies and investments

Mar 03 2020 @ 05:36
As the market for cryptocurrencies and blockchain technology grows, many European countries are starting to take more notice of the opportunities and threats it represents. With huge technology giants like Facebook looking to launch its own cryptocurrency, the Libra Coin, cryptocurrency looks to be moving from niche to mainstream, bringing it into sharp focus for […]
 
 
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