EOS price started a fresh increase from the $2.250 support area against the US Dollar.The price gained momentum above the $2.500 resistance and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.420 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct lower, but there are many supports near $2.600 and $2.500.EOS price is trading in a positive zone above $2.500 against the US Dollar, similar...
Read More »Litecoin (LTC) Price Analysis: Fresh Rally To $50 Seems Likely
Litecoin price started a fresh increase from the $40.50 and $40.00 support levels against the US Dollar.LTC price is now trading nicely above the $44.00 level and the 55 simple moving average (4-hours).There was a break above a significant bearish trend line with resistance near $42.30 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is currently consolidating near the $45.50 resistance and it could continue to rise.Litecoin price is rising again and trading above...
Read More »Bitcoin Is Easily Outdoing Gold This Year
Bitcoin is once again at the top of the financial ladder. New evidence suggests that the currency has surged by close to 30 percent since quarter one of 2020, and that it has also outperformed many leading assets such as gold, silver, and platinum.Bitcoin Is Still the Financial Leader of the YearWhile tools like gold are usually highly valued by investors everywhere, the asset has not experienced the same price swings as bitcoin over the early part of the year. In March, for example, the...
Read More »Make Profits with Binomo and Learn How to Withdraw Money Easily
Binomo is available for both mobile and desktop applications and operates around the clock for ensuring maximum accessibility and uninterrupted operation.It’s considered that there is a secret to successful online trading. It is also generally accepted that internet trading is an activity for seasoned investors because success requires not only stable connections to the internet and start-up capital but also special knowledge, skills and a healthy amount of experience. There are many examples...
Read More »Bitcoin Is Moving Back Up Following Low Volatility
It looks like bitcoin is finally starting to gain some of its previous momentum back.Bitcoin Is Again Reaching for the StarsOver the past few weeks, the world’s number one cryptocurrency by market cap had been struggling to move beyond the low $9,000 mark. The currency traded anywhere between $9,000 and $9,140, though after a surge during yesterday’s early morning hours, it looks like the currency is having no problem remaining in the high $9,200 window.According to some analysts, the...
Read More »Is it Time To Short Bitcoin? Answers OKEx CEO As Global Stock Markets Continue Their Uptrend
Despite world economies still feeling the adverse effects of the COVID-19 pandemic, most stock markets have recovered from the March losses, and some are even charting new highs.This has raised speculations that Bitcoin’s price may head south, and OKEx CEO Jay Hao recently offered his answer on the matter.Jay Hao Examines The Stock Markets And BitcoinAs CryptoPotato reported, the popular index Nasdaq reached a new all-time high yesterday and continued its upward movement today. Other...
Read More »Samsung Set to Unveil Next Note 20 Smartphone at August 5 Galaxy Unpacked Event
Samsung is to unveil its Note 20 at Galaxy Unpacked event. Despite the major releases this year, the company has seen its smartphone shipment plunge by around 18.9% year-on-year in the March quarter.South Korean smartphone maker Samsung Electronics Co Ltd (KRX: 005930) is preparing to reveal to consumers the Galaxy Note 20, during August 5, 2020, Galaxy Unpacked virtual event. The company has been moving at a fast pace in delivering the next generation kind of smartphone, making it to be on a...
Read More »Tesla (TSLA) Stock Hits Another ATH after Bullish $2,070 Valuation Estimate from Morgan Stanley
After closing yesterday at $1,389.86, with a +1.33% change, Tesla (TSLA) stock is in the green in the pre-market. Morgan Stanley analyst Adam Jonas has set a bull case scenario for the shares that could be traded at $2,070.Tesla Inc (NASDAQ: TSLA) stock is scaling higher by the day, and likely to reach a $2,000 level sooner than anticipated, despite the negative energy from different analysts. As of July 7, 2020, Tesla stock hit a new ATH after adding $18.28 to close the day at $1,389.86 and...
Read More »DIS Stock Up 0.3% in Pre-market as Walt Disney World to Re-open on Saturday
Disney (DIS) stock pricing is rising today in the pre-market as teh company is preparing to re-open its Walt Disney World theme parks to a limited number of visitors on Saturday.The Walt Disney Company (NYSE: DIS) stock price rose slightly in the pre-marler. It occurred as the entertainment giant is going to re-open its Disney World parks on Saturday. It will happen despite the fact that the COVID-19 pandemic is hitting the United States hard. New cases are rising exponentially.Florida is one...
Read More »DeFi Tokens Lead Altcoin Season 2020 as Total Value Locked Crossed $2 Billion
Decentralized finance tokens have outperformed their crypto brethren over the past month, with some hitting two-year highs. As the nascent industry keeps growing, which ones will be next?DeFi has been the darling of the crypto industry over the past month, doubling in total value locked (TVL) in just a few weeks. A new all-time high of $2.12 billion has just been reached, according to Defipulse.com. This represents the dollar equivalent value of all the crypto collateral locked in smart...
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