Technical Analysis

BNBUSD has been on a downward trend since a significant high was formed at $689.0 in November. The market descended steadily below the moving averages (periods eighty-nine and two hundred). The market dipped as low as $186.9 this year. The ascent from the $186.0 demand level marked a breakout from the bearish channel in July. […]

BNBUSD had been ranging between $337.0 and $257.0 price levels until the recent breakout. Before the emergence of the range market, prices were rallying upwards in an ascending channel. Shortly after the bounce off the $186.0 demand zone, the price surged upward and began to respect the ascending channel. The current trading range of the […]

Key Highlights ETH/USD battles the resistance at $1,600 There is an imminent decline as Ether retests the resistance zone Ethereum (ETH) Current Statistics The current price: $1,580.53 Market Capitalization: $193,415,767,026 Trading Volume: $19,294,136,500 Key Resistance Zones: $2,500, $3,300, $4,000 Key Support Zones: $2,000, $1,500, $1,000 Ethereum (ETH) Price Analysis October 28, 2022...

Key Highlights BTC price resumes an uptrend as it revisits the resistance at $21,022 Bitcoin can reach the high of $22,238 Bitcoin (BTC) Current Statistics The current price: $20,734.23 Market Capitalization: $435,418,827,706 Trading Volume: $42,700,317,047 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 Bitcoin (BTC) Price Analysis October 28, 2022...

The new UK government gave a boost to sterling, GBP/USD rallied to the main resistance line on the chart below.  This followed a steep decline when the budget was announced in September.  Markets don’t move in a straight line but they tend to folow the same path.  The path for GBP/USD is down, I believe […]

XRPUSD bears drove the market rapidly to $0.420 from the 4th of May till the 11th of May. The supply level at $0.560 gave Bears the opportunity to drive the market impulsively. The rapid and consistent fall of the daily candles created a market inefficiency just below $0.560. After the impulsive run, the market experienced […]

Solana started the bearish market on the 5th of October after the market formed a resistance price of $34.25. As the bears push the price to the downside, they drag the bulls along with them. At some point in the bearish market, we notice bullish activities. For instance, on the 16th and the 17th of […]

Key Highlights ETH/USD resumes consolidation Ether holds above $1,300 support Ethereum (ETH) Current Statistics The current price: $1,312.89 Market Capitalization: $160,742,647,053 Trading Volume: $6,943,790,222 Key Resistance Zones: $2,500, $3,300, $4,000 Key Support Zones: $2,000, $1,500, $1,000 Ethereum (ETH) Price Analysis October 22, 2021 Ethereum (ETH) is in a sideways trend as the...

Key Highlights BTC price is confined between $18,800 and $19,900 price levels A price rebound or  breakdown is imminent Bitcoin (BTC) Current Statistics The current price: $19,201.89 Market Capitalization: $403,328,050,500 Trading Volume: $15,724,931,862 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 Bitcoin (BTC) Price Analysis October 22, 2021 Bitcoin...

The basic definition of a cryptocurrency—a fluctuating internet asset—is known to the majority of people. Some people, though, are still in a tohu-bohu state. Many of the questions that have remained for years are related to the creation or distribution of Bitcoin, the person or people who invented it, or even the lexicon it uses. […]