Aug 18 2019 @ 09:53
AUDUSD Price Analysis – August 15 The bears were in full control moving the market lower in the prior session, although in the present session we see the pair found buyers around the level at 0.6748 for the 4th day in a row while the pairs bear dominance is evident falling to lowest close since […]
Aug 15 2019 @ 08:19
With Gold prices stretched and Bitcoin Around Key support, convergence could be approaching. In previous analysis we’ve highlighted a positive (although imperfect) correlation between Bitcoin and USD/CNY. And in recent times we’ve seen Bitcoin and gold rise in tandem during bouts of risk off, although we can see the relationship has broken down these past […]
Aug 14 2019 @ 08:11
In simple terms, cryptocurrencies are digital assets that use an encryption technique called cryptography for security. After the advent of Bitcoin, the first cryptocurrency in 2009, over a thousand coins have been created. They are mainly used for buying and selling of goods and services. They are not disseminated by a central authority unlike fiat […]
Aug 13 2019 @ 03:41
Grammy-winning artist bringing his Akoin vision for Africa to November summit. Malta A.I. & Blockchain summit are proud to announce that Akon, hip-hop superstar and one of Africa’s most renowned philanthropists, has accepted a speaker slot at the crypto and blockchain focussed show in November. He will be speaking about his Akoin token and how […]
Jul 25 2019 @ 01:49
Ripple (XRP) Price Analysis – July 24 After testing the long-term demand zone ($0.28 – $0.29) last week, the market saw a little price growth to the $0.34 area, from where the XRP bears stepped back into the market. As of now, the price is steadily falling back to this demand zone. However, the cryptocurrency […]
Jul 16 2019 @ 04:29
The past week had seen Bitcoin’s price drop by double digits for the first time since the market corrected from last year’s lows. Just last week on Wednesday the 10th at about 7:30 am EDT, Bitcoin was trading at an average of $13,000. At the time of writing this post, most platforms that exchange Bitcoin […]
Jul 10 2019 @ 03:30
Bitcoin has broken out of compression in its usual style and closes in on the YTD highs (and potentially beyond). Since our prior analysis, Bitcoin has broken out of its triangle to the upside and confirmed an inverted head and shoulders pattern with a break of its neckline. As a reminder, inverted head and shoulders […]
Jul 08 2019 @ 03:09
Bitcoin prices are coiling within a tight range after seeing relatively high levels of volatility last week, suggesting it could be preparing to another volatile burst. We’ve paid close attention to the level of volatility on Bitcoin recently, as leading into Independence Day BTC had hit levels of volatility usually associated with bearish trends, nasty […]
Jul 05 2019 @ 03:27
While other coins always get affected by highs and lows in their market price, stablecoins maintain their functionality and trade at equal terms with fiat currencies, especially USD. Today, stablecoins are believed to be an ultimate saviour for crypto traders based on their capacity to stay stable. Although stablecoins come in 3 different variations, we’ll […]
Jul 04 2019 @ 03:07
Whilst volatility is generally expected to be lower on US Independence Day today, Bitcoin clearly has other plans after rallying 10% just after US markets closed. Let’s take a close look at this volatility. On the face of it, the daily chart appears constructively bullish. It continues to print higher highs and lows, a 3-wave […]