Cryptocurrencies

BTCUSD Long-term Trend – Ranging     Distribution territories: $7,500, $8,500, $9,500. Accumulation territories: $5,500, $5,000, $4,500     On September 5, bitcoin’s price declined and breach the $6,800 territory, which saw it go down to a $6,000 mark on October 10. The cryptocurrency’s recent high on October 15 saw it surge upwards once more, […]

XRPUSD Medium-term Trend: Ranging   Resistance Levels: $0.50, $0.52, $ 0.54 Support Levels: $0.40, $0.38, $0.36   The XRPUSD pair had been on a sideways trend.The price bars, the 12-day EMA and the 26-day EMA are horizontally flat indicating that the crypto is in a sideways trend. On October 30, the crypto’s price made a […]

ETHUSD Long-term Trend – Ranging   Distribution territories: $300, $400, $500. Accumulation territories: $150, $100, $50.   Over the past few days, Ethereum’s price has been maintaining a price range around the $200 territory, without having a lot of volatility to it.   The crypto’s traders weren’t able to push its price over said territory […]

Ethereum Price Medium-term Trend: Ranging   Supply zones: $400, $450, $500 Demand zones: $150, $100, $50   ETH continues in the range in its medium-term outlook. The bulls’ continued dominance within the range ended when ETHUSD was at $208.00 in the supply area with a wick at the candle which was a sign of exhaustion. […]

BTCUSD Long-term Trend – Bearish     Distribution territories: $8,000, $9,000, $10,000. Accumulation territories: $5,500, $5,000, $4,500     A short bullish candlestick market the BTCUSD trading pair in the first day of this week. Then, on October 15, the cryptocurrency saw its price appreciate against the US dollar as it surged to a high […]

Ethereum Price Medium-term Trend: Ranging   Supply zones: $400, $450, $500 Demand zones: $150, $100, $50     ETH remains in the range in its medium-term outlook. The bears’ pressure within the range was briefly strong as ETHUSD was down to $209.66 in the demand area after the formation of the bearish engulfing candle at […]

BTCUSD Long-term Trend – Bearish   Distribution territories: $7,000, $8,000, $9,000. Accumulation territories: $5,500, $5,000, $4,500   Bitcoin’s price has been dropping within its current range against the US dollar this week. Before its major decline, the cryptocurrency had two notably short Japanese bullish candlesticks on September 21 and 27, in the $6,800 and $6,400...

Ethereum Price Medium-term Trend: Bearish Supply zones: $400, $450, $500 Demand zones: $150, $100, $50   ETH is in a bearish trend in its medium-term outlook. The minor bullish pullback to $227.84 in the supply area was short-lived as the day ended on a bearish doji. The 4-hour opening candle at 226.70 was a large […]

The first cryptocurrency to be created and launched was, Bitcoin in the year 2009, and following it, many other currencies were launched to be used as a medium of exchange in the electronic world. Cryptocurrency is the digital currency; it is a electronic unit that is used for making transactions online. Cryptocurrency isn’t recognized by […]

BTCUSD Long-term Trend – Ranging   Distribution territories: $7,500, $8,500, $9,500. Accumulation territories: $6,000, $5,000, $4,000   There have been a series of lower highs and lower lows in Bitcoin’s price over the past few weeks. The cryptocurrency’s price is still ranging, although it’s a little higher within the range. Its price has been fluctuating […]